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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:TWO

Two Harbors Investment (TWO) Stock Price, News & Analysis

$11.90
+0.12 (+1.02%)
(As of 04/18/2024 ET)
Today's Range
$11.80
$11.99
50-Day Range
$11.66
$13.24
52-Week Range
$9.83
$14.59
Volume
1.04 million shs
Average Volume
1.22 million shs
Market Capitalization
$1.23 billion
P/E Ratio
N/A
Dividend Yield
15.13%
Price Target
$14.50

Two Harbors Investment MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
21.4% Upside
$14.50 Price Target
Short Interest
Healthy
3.10% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.13mentions of Two Harbors Investment in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$169,150 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.59) to ($0.17) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.95 out of 5 stars

Finance Sector

651st out of 826 stocks

Real Estate Investment Trusts Industry

131st out of 176 stocks

TWO stock logo

About Two Harbors Investment Stock (NYSE:TWO)

Two Harbors Investment Corp. is an externally managed REIT focused on the US residential mortgage market. The company strives to produce risk-adjusted returns by managing a portfolio of RMBS and other loans paired with a mortgage servicing business. The company delivers returns in the form of dividends primarily with a secondary goal of capital growth. The firm was incorporated in 2009 and is headquartered in Minnesota.

Two Harbors Investment Corp. is in business to invest in, finance, and manage a portfolio of residential mortgage-backed securities. These may include non-agency securities and mortgage servicing rights as well as other financial assets (about 5% to 10% of the portfolio). However, the bulk of the portfolio is in agency-backed RMBS. The fund's strategy of pairing a mortgage servicing business with an RMBS portfolio is unique in the industry and provides many advantages for investors that include reducing exposure to interest rate fluctuations and their impact on mortgage spread.

The company’s focus on agency-backed RMBS provides a level of safety because the principal and interest are backed by Fannie Mae, Freddie Mac, or other government agencies.

The company’s portfolio of mortgage servicing rights allows the company to capitalize on its experience in mitigating credit risk and is supported by a robust pipeline of new business. Originators provide new business on a continual basis as new loans are created. The company may also buy bundled loans from originators or other mortgage loan owners in order to earn fees for services.

Two Harbors Investment Corp. chooses to be taxed as a REIT. As such, the company distributes at least 90% of its taxable income in the form of dividends. Two Harbors Investment Corp. was externally managed until 2020. The switch to internal management better aligns the company’s goals with those of shareholders and improves the transparency of operations. Investors who wish to enroll in a share purchase or DRIP, dividend reinvestment program, should contact the company’s plan administrator, Equiniti Trust Company. Investors must be shareholders of record to participate in the plan.

 

TWO Stock Price History

TWO Stock News Headlines

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Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
The Best Kayaks for Beginners in 2024
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
TWO Crosses Above Key Moving Average Level
TWO Sep 2024 12.000 put
Dorothy Jeanne (Lassonde) Johnson
TWO Apr 2024 12.000 put
TWO Apr 2024 15.000 call
TWO Apr 2024 14.000 put
See More Headlines
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Company Calendar

Last Earnings
10/30/2023
Ex-Dividend for 1/29 Dividend
1/11/2024
Dividend Payable
1/29/2024
Ex-Dividend for 4/29 Dividend
4/03/2024
Today
4/18/2024
Dividend Payable
4/29/2024
Next Earnings (Confirmed)
4/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
CUSIP
90187B10
Employees
466
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$17.00
Low Stock Price Target
$12.50
Potential Upside/Downside
+23.0%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$-106,370,000.00
Pretax Margin
-17.36%

Debt

Sales & Book Value

Annual Sales
$480.36 million
Cash Flow
$0.70 per share
Book Value
$16.53 per share

Miscellaneous

Free Float
102,843,000
Market Cap
$1.22 billion
Optionable
Optionable
Beta
1.87
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TWO Stock Analysis - Frequently Asked Questions

Should I buy or sell Two Harbors Investment stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Two Harbors Investment in the last twelve months. There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TWO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TWO, but not buy additional shares or sell existing shares.
View TWO analyst ratings
or view top-rated stocks.

What is Two Harbors Investment's stock price target for 2024?

8 brokerages have issued 12 month price targets for Two Harbors Investment's shares. Their TWO share price targets range from $12.50 to $17.00. On average, they predict the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price.
View analysts price targets for TWO
or view top-rated stocks among Wall Street analysts.

How have TWO shares performed in 2024?

Two Harbors Investment's stock was trading at $13.93 at the beginning of 2024. Since then, TWO stock has decreased by 14.3% and is now trading at $11.94.
View the best growth stocks for 2024 here
.

When is Two Harbors Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our TWO earnings forecast
.

How can I listen to Two Harbors Investment's earnings call?

Two Harbors Investment will be holding an earnings conference call on Tuesday, April 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Two Harbors Investment's earnings last quarter?

Two Harbors Investment Corp. (NYSE:TWO) announced its earnings results on Monday, October, 30th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.20. The real estate investment trust earned $123.61 million during the quarter. Two Harbors Investment had a positive trailing twelve-month return on equity of 2.47% and a negative net margin of 22.14%. During the same quarter in the previous year, the company earned $0.61 earnings per share.

How often does Two Harbors Investment pay dividends? What is the dividend yield for Two Harbors Investment?

Two Harbors Investment announced a quarterly dividend on Wednesday, March 20th. Shareholders of record on Thursday, April 4th will be paid a dividend of $0.45 per share on Monday, April 29th. This represents a $1.80 dividend on an annualized basis and a yield of 15.08%. The ex-dividend date of this dividend is Wednesday, April 3rd.
Read our dividend analysis for TWO
.

Is Two Harbors Investment a good dividend stock?

Two Harbors Investment (NYSE:TWO) pays an annual dividend of $1.80 per share and currently has a dividend yield of 15.45%. TWO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TWO.

When did Two Harbors Investment's stock split?

Two Harbors Investment's stock reverse split on the morning of Wednesday, November 2nd 2022. The 1-4 reverse split was announced on Wednesday, November 2nd 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 2nd 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

What other stocks do shareholders of Two Harbors Investment own?
Who are Two Harbors Investment's major shareholders?

Two Harbors Investment's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Howard Financial Services LTD. (0.04%). Insiders that own company stock include Alecia Hanson, Jason Vinar, Mary Kathryn Riskey, Matthew Keen, Nicholas Letica, Rebecca B Sandberg, Robert Rush, Stephen G Kasnet, Thomas Siering and William Ross Greenberg.
View institutional ownership trends
.

How do I buy shares of Two Harbors Investment?

Shares of TWO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TWO) was last updated on 4/18/2024 by MarketBeat.com Staff

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