TWO Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Two Harbors Investment Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.87 |
| 52 Week High | US$14.59 |
| 52 Week Low | US$9.83 |
| Beta | 1.87 |
| 1 Month Change | 1.34% |
| 3 Month Change | 3.29% |
| 1 Year Change | 8.24% |
| 3 Year Change | -54.17% |
| 5 Year Change | -75.90% |
| Change since IPO | -83.58% |
Recent News & Updates
Recent updates
Two Harbors: A Mortgage REIT Recovery Play With A 13% Yield
Jan 07Two Harbors Investment: Mark-To-Market Books Can Be Deceiving
Sep 11Two Harbors: One Yield Gets Fatter, The Other Is Cut
Jun 26Two Harbors: Two Yields
Feb 23Two Harbors: The Book Value Is Still The Issue
Feb 17Two Harbors Investment announces 10M share offering
Feb 02Two Harbors Investment declares $0.60 dividend
Dec 19Two Harbors Investment Non-GAAP EPS of $0.64 misses by $0.15, net interest income of $11.04M
Nov 08Two Harbors Investment dips 4% on prelim FQ3 numbers
Oct 12Two Harbors Investment declares $0.17 dividend
Sep 21Two Harbors: Things Will Stabilize
Aug 22Two Harbors: There Is Potential, But It's Not A Buy Yet
Jun 10Two Harbors: An mREIT With An 11.26% Dividend Yield
Dec 12Two Harbors May Have Sizable Upside When Spreads Normalize
Sep 18Two Harbors jumps 7.5% on addition to SmallCap 600
Jun 16Two Harbors: This mREIT With A 9.5% Yield Is Now A Buy
May 10Shareholder Returns
| TWO | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | -0.08% | 2.7% | 3.3% |
| 1Y | 8.2% | 6.5% | 25.0% |
Return vs Industry: TWO exceeded the US Mortgage REITs industry which returned 6.5% over the past year.
Return vs Market: TWO underperformed the US Market which returned 25% over the past year.
Price Volatility
| TWO volatility | |
|---|---|
| TWO Average Weekly Movement | 3.6% |
| Mortgage REITs Industry Average Movement | 4.4% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: TWO has not had significant price volatility in the past 3 months.
Volatility Over Time: TWO's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 466 | Bill Greenberg | www.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
| TWO fundamental statistics | |
|---|---|
| Market cap | US$1.33b |
| Earnings (TTM) | US$227.34m |
| Revenue (TTM) | US$622.22m |
5.9x
P/E Ratio2.1x
P/S RatioIs TWO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TWO income statement (TTM) | |
|---|---|
| Revenue | US$622.22m |
| Cost of Revenue | US$74.24m |
| Gross Profit | US$547.98m |
| Other Expenses | US$320.64m |
| Earnings | US$227.34m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.20 |
| Gross Margin | 88.07% |
| Net Profit Margin | 36.54% |
| Debt/Equity Ratio | 459.2% |
How did TWO perform over the long term?
See historical performance and comparison