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Two Harbors Investment NYSE:TWO Stock Report

Last Price

US$11.87

Market Cap

US$1.2b

7D

0.3%

1Y

-15.7%

Updated

22 Dec, 2024

Data

Company Financials +

Two Harbors Investment Corp.

NYSE:TWO Stock Report

Market Cap: US$1.2b

TWO Stock Overview

Invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. More details

TWO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Two Harbors Investment Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Two Harbors Investment
Historical stock prices
Current Share PriceUS$11.87
52 Week HighUS$14.31
52 Week LowUS$11.28
Beta1.87
1 Month Change1.11%
3 Month Change-13.04%
1 Year Change-15.70%
3 Year Change-51.03%
5 Year Change-80.36%
Change since IPO-84.86%

Recent News & Updates

Two Harbors: Weak Earnings

Oct 29

Recent updates

Two Harbors: Weak Earnings

Oct 29

Two Harbors Preferreds Look Much Better Than The Common

Jul 22

Two Harbors: A Mortgage REIT Recovery Play With A 13% Yield

Jan 07

Two Harbors Investment: Mark-To-Market Books Can Be Deceiving

Sep 11

Two Harbors: One Yield Gets Fatter, The Other Is Cut

Jun 26

Two Harbors: Two Yields

Feb 23

Two Harbors: The Book Value Is Still The Issue

Feb 17

Two Harbors Investment announces 10M share offering

Feb 02

Two Harbors Investment declares $0.60 dividend

Dec 19

Two Harbors Investment Non-GAAP EPS of $0.64 misses by $0.15, net interest income of $11.04M

Nov 08

Two Harbors Investment dips 4% on prelim FQ3 numbers

Oct 12

Two Harbors Investment declares $0.17 dividend

Sep 21

Two Harbors: Things Will Stabilize

Aug 22

Two Harbors: There Is Potential, But It's Not A Buy Yet

Jun 10

Shareholder Returns

TWOUS Mortgage REITsUS Market
7D0.3%-3.7%-2.4%
1Y-15.7%-12.4%23.4%

Return vs Industry: TWO underperformed the US Mortgage REITs industry which returned -12.4% over the past year.

Return vs Market: TWO underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is TWO's price volatile compared to industry and market?
TWO volatility
TWO Average Weekly Movement3.5%
Mortgage REITs Industry Average Movement3.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: TWO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TWO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009466Bill Greenbergwww.twoharborsinvestment.com

Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. It qualifies as a REIT for federal income tax purposes.

Two Harbors Investment Corp. Fundamentals Summary

How do Two Harbors Investment's earnings and revenue compare to its market cap?
TWO fundamental statistics
Market capUS$1.23b
Earnings (TTM)-US$458.19m
Revenue (TTM)US$119.48m

10.3x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TWO income statement (TTM)
RevenueUS$119.48m
Cost of RevenueUS$27.52m
Gross ProfitUS$91.95m
Other ExpensesUS$550.14m
Earnings-US$458.19m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-4.42
Gross Margin76.96%
Net Profit Margin-383.50%
Debt/Equity Ratio462.9%

How did TWO perform over the long term?

See historical performance and comparison

Dividends

15.2%

Current Dividend Yield

-40%

Payout Ratio

Does TWO pay a reliable dividends?

See TWO dividend history and benchmarks
When do you need to buy TWO by to receive an upcoming dividend?
Two Harbors Investment dividend dates
Ex Dividend DateJan 03 2025
Dividend Pay DateJan 29 2025
Days until Ex dividend12 days
Days until Dividend pay date38 days

Does TWO pay a reliable dividends?

See TWO dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Two Harbors Investment Corp. is covered by 30 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bruce HartingBarclays
Merrill RossBGB Securities, Inc.
Kenneth BruceBofA Global Research