Two Harbors Investment Future Growth

Future criteria checks 3/6

Two Harbors Investment's revenue is forecast to decline at 138% per annum while its annual earnings are expected to grow at 84.2% per year. EPS is expected to grow by 85.3% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

84.2%

Earnings growth rate

85.3%

EPS growth rate

Mortgage REITs earnings growth	46.6%
Revenue growth rate	-138.0%
Future return on equity	12.0%
Analyst coverage	Low
Last updated	11 Apr 2024

Recent future growth updates

Recent updates

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

Two Harbors: An mREIT With An 11.26% Dividend Yield

Dec 12

Two Harbors May Have Sizable Upside When Spreads Normalize

Sep 18

Two Harbors jumps 7.5% on addition to SmallCap 600

Jun 16

Two Harbors: This mREIT With A 9.5% Yield Is Now A Buy

May 10

Two Harbors Investment Corp. 2021 Q1 - Results - Earnings Call Presentation

May 06

Earnings and Revenue Growth Forecasts

NYSE:TWO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	-35	182	N/A	N/A	1
12/31/2024	-87	167	N/A	N/A	2
12/31/2023	257	-153	165	344	N/A
9/30/2023	340	29	275	470	N/A
6/30/2023	339	-1	592	717	N/A
3/31/2023	11	-274	679	675	N/A
12/31/2022	79	186	255	623	N/A
9/30/2022	392	432	-20	431	N/A
6/30/2022	180	222	-593	291	N/A
3/31/2022	436	176	-594	436	N/A
12/31/2021	456	128	-287	424	N/A
9/30/2021	533	335	-303	633	N/A
6/30/2021	615	466	-162	630	N/A
3/31/2021	690	405	-140	468	N/A
12/31/2020	-532	-1,706	9	632	N/A
9/30/2020	-580	-1,782	18	584	N/A
6/30/2020	-214	-1,679	121	682	N/A
3/31/2020	-246	-1,596	405	991	N/A
12/31/2019	1,200	248	443	1,057	N/A
9/30/2019	664	-441	198	1,033	N/A
6/30/2019	255	-711	-72	871	N/A
3/31/2019	209	-476	-378	666	N/A
12/31/2018	316	-110	-273	703	N/A
9/30/2018	850	614	78	709	N/A
6/30/2018	822	681	189	690	N/A
3/31/2018	749	546	90	648	N/A
12/31/2017	519	283	123	607	N/A
9/30/2017	554	439	N/A	1,334	N/A
6/30/2017	578	473	N/A	760	N/A
3/31/2017	572	465	N/A	534	N/A
12/31/2016	551	318	N/A	240	N/A
9/30/2016	572	223	N/A	-973	N/A
6/30/2016	457	70	N/A	-1,130	N/A
3/31/2016	620	308	N/A	-1,555	N/A
12/31/2015	718	492	N/A	-1,937	N/A
9/30/2015	531	245	N/A	-2,014	N/A
6/30/2015	758	473	N/A	-2,035	N/A
3/31/2015	597	291	N/A	-1,659	N/A
12/31/2014	357	167	N/A	-667	N/A
9/30/2014	598	443	N/A	-244	N/A
6/30/2014	125	56	N/A	544	N/A
3/31/2014	504	404	N/A	42	N/A
12/31/2013	695	575	N/A	-456	N/A
9/30/2013	712	518	N/A	-504	N/A
6/30/2013	934	741	N/A	-606	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TWO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: TWO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TWO is expected to become profitable in the next 3 years.

Revenue vs Market: TWO is forecast to have no revenue next year.

High Growth Revenue: TWO is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TWO's Return on Equity is forecast to be low in 3 years time (12.1%).

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Two Harbors Investment Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 7.9% to US$15.25

Consensus revenue estimates decrease by 34%, EPS upgraded

Consensus EPS estimates increase by 11%

Two Harbors Investment Corp. Provides Preliminary Earnings Guidance for the Fourth Quarter Ended December 31, 2022

Consensus forecasts updated

Price target decreased to US$16.33

Recent updates

Two Harbors Investment Corp. to Report Q1, 2024 Results on Apr 29, 2024

Fourth quarter dividend of US$0.45 announced

Two Harbors Investment Corp. Declares Dividend on Common Stock for the First Quarter of 2024, Payable on April 29, 2024

Two Harbors Investment Corp. Appoints Sanjiv Das as Director

Two Harbors Investment Corp., Annual General Meeting, May 15, 2024

Two Harbors Investment Corp. Announces Retirement of Mary Riskey as Chief Financial Officer

Now 20% undervalued after recent price drop

Full year 2023 earnings: EPS and revenues miss analyst expectations

Two Harbors Investment Corp. to Report Q4, 2023 Results on Jan 29, 2024

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

Two Harbors Investment Corp. Announces Fourth Quarter 2023 Common Stock Dividend, Payable on January 29, 2024

Investor sentiment improves as stock rises 30%

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued after recent price drop

Two Harbors Investment Corp. to Report Q3, 2023 Results on Oct 30, 2023

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.45 per share at 13% yield

Two Harbors Investment Corp. Declares Dividend for the Third Quarter of 2023, Payable on October 27, 2023

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

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Two Harbors Investment Corp. to Report Q2, 2023 Results on Jul 31, 2023

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

Upcoming dividend of US$0.45 per share at 18% yield

Two Harbors Investment Corp.(NYSE:TWO) dropped from Russell 2000 Defensive Index

Two Harbors Investment Corp. Announces Second Quarter 2023 Common Dividend, Payable on July 28, 2023

Price target decreased by 7.9% to US$15.25

Two Harbors Investment Corp. Declares First Quarter Dividend

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Now 22% undervalued after recent price drop

Two Harbors: Two Yields

Two Harbors: The Book Value Is Still The Issue

Consensus revenue estimates decrease by 34%, EPS upgraded

Full year 2022 earnings: EPS and revenues miss analyst expectations

Two Harbors Investment announces 10M share offering

Consensus EPS estimates increase by 11%

Two Harbors Investment Corp. Provides Preliminary Earnings Guidance for the Fourth Quarter Ended December 31, 2022

Two Harbors Investment Corp. to Report Q4, 2022 Results on Feb 08, 2023

Upcoming dividend of US$0.60 per share

Two Harbors Investment Corp. Declares Dividend for the Fourth Quarter of 2022, Payable on January 27, 2023

Two Harbors Investment declares $0.60 dividend

Consensus forecasts updated

Insufficient new directors

Price target decreased to US$16.33

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

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

Consensus forecasts updated

Consensus forecasts updated

Price target decreased to US$4.46

Price target decreased to US$4.71

Consensus forecasts updated

Two Harbors Investment dips 4% on prelim FQ3 numbers

Two Harbors Investment Corp. to Report Q3, 2022 Results on Nov 08, 2022

Investor sentiment deteriorated over the past week

Two Harbors Investment Corp. Declares Dividend for the Third Quarter of 2022, Payable on October 28, 2022

Two Harbors Investment declares $0.17 dividend

Consensus forecasts updated

Two Harbors: Things Will Stabilize

Two Harbors Investment Corp. Announces the Appointment of Nicholas Letica as Chief Investment Officer

Consensus EPS estimates fall by 38%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Two Harbors Investment Corp. to Report Q2, 2022 Results on Aug 03, 2022

Consensus revenue estimates increase by 22%

Two Harbors Investment Corp. Announces Second Quarter 2022 Common Dividends, Payable on July 29, 2022

Investor sentiment deteriorated over the past week

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

Independent Chairman of the Board recently sold US$96k worth of stock

Consensus forecasts updated

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Insufficient new directors