Two Harbors Investment Corp. (TWO)

NYSE: TWO · Real-Time Price · USD
10.78
-0.38 (-3.41%)
At close: Feb 20, 2026, 4:00 PM EST
10.86
+0.08 (0.73%)
After-hours: Feb 20, 2026, 7:59 PM EST
Market Cap1.13B -15.0%
Revenue (ttm)370.01M -40.5%
Net Income-508.40M
EPS-4.88
Shares Out 105.04M
PE Ration/a
Forward PE8.86
Dividend$1.36 (12.62%)
Ex-Dividend DateJan 5, 2026
Volume2,273,981
Open11.14
Previous Close11.16
Day's Range10.73 - 11.20
52-Week Range9.30 - 14.28
Beta1.20
AnalystsHold
Price Target12.94 (+20.04%)
Earnings DateFeb 2, 2026

About TWO

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, comprising non-agency securities and non-hedging transactions. It qualifies as a REIT for federal income... [Read more]

IPO Date Oct 29, 2009
Employees 477
Stock Exchange NYSE
Ticker Symbol TWO
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 6 analysts, the average rating for TWO stock is "Hold." The 12-month stock price target is $12.94, which is an increase of 20.04% from the latest price.

Price Target
$12.94
(20.04% upside)
Analyst Consensus: Hold
Stock Forecasts

News

RoundPoint Mortgage Servicing LLC Awarded Top Servicing Performance Rating from Fannie Mae

NEW YORK--(BUSINESS WIRE)---- $TWO #RoundPoint--RoundPoint Mortgage Servicing LLC Awarded Top Servicing Performance Rating from Fannie Mae.

2 days ago - Business Wire

Buy 5 IDEAL S&P 600 Small/MidCap 'Safer' February DiviDogs

The S&P 600 SmallCap index offers select high-yield 'dividend dogs' with analyst-projected net gains of 31% to 61% by February 2026. Adamas Trust stands out as the only stock ranking in the top ten fo...

8 days ago - Seeking Alpha

Two Harbors: Tepid Book Value Growth, Underwhelming Earnings (Downgrade)

Shares in Two Harbors Investment are off to a strong start in 2026 as the merger with UWM Holdings looks increasingly likely to close. TWO's Q4 2025 results show weak book value growth and a slump in ...

18 days ago - Seeking Alpha

Two Harbors Investment Corp. (TWO) Q4 2025 Earnings Call Transcript

Two Harbors Investment Corp. (TWO) Q4 2025 Earnings Call Transcript

Other symbols: TWOD
18 days ago - Seeking Alpha

TWO Reports Fourth Quarter 2025 Financial Results

NEW YORK--(BUSINESS WIRE)---- $TWO #TWO--TWO Reports Fourth Quarter 2025 Financial Results.

18 days ago - Business Wire

TWO Announces 2025 Dividend Tax Information

NEW YORK--(BUSINESS WIRE)--TWO Announces 2025 Dividend Tax Information.

23 days ago - Business Wire

Likely 9.55% To 10.25% Returns On Two Harbors Preferred Stocks With UWM Buyout

UWM Holdings is buying Two Harbors, which has been great for both common stocks and is great news for the Two Harbors preferred stocks (tickers TWO-A, TWO-B, and TWO-C).

Other symbols: UWMC
26 days ago - Seeking Alpha

TWO Announces Earnings Release and Conference Call for Fourth Quarter 2025 Financial Results

NEW YORK--(BUSINESS WIRE)---- $TWO #TWO--TWO Announces Earnings Release and Conference Call for Fourth Quarter 2025 Financial Results.

4 weeks ago - Business Wire

Two Harbors Investment Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Two Harbors Investment Corp. - TWO

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...

Other symbols: UWMC
2 months ago - Business Wire

TWO Announces Fourth Quarter 2025 Common and Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--TWO Announces Fourth Quarter 2025 Common and Preferred Stock Dividends.

2 months ago - Business Wire

UWMC Announces Strategic Acquisition of TWO

PONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (“UWMC”) (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), the #1 overall mortgage le...

Other symbols: UWMC
2 months ago - Business Wire

Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 13% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: ABRRC
3 months ago - Benzinga

Two Harbors Investment Corp. (TWO) Q3 2025 Earnings Call Transcript

Two Harbors Investment Corp. (NYSE:TWO) Q3 2025 Earnings Call October 28, 2025 9:00 AM EDT Company Participants Margaret Field - Head of Investor Relations William Greenberg - President & CEO William...

Other symbols: TWOD
4 months ago - Seeking Alpha

TWO Reports Third Quarter 2025 Financial Results

NEW YORK--(BUSINESS WIRE)---- $TWO #Earnings--TWO Reports Third Quarter 2025 Financial Results.

4 months ago - Business Wire

Why We View Two Harbors Investment Baby Bond As One Of The Safest In The Sector

Two Harbors Investment baby bond offers an attractive yield of 8.88% with lower risk than common and preferred shares. TWO's strong capital buffer, high cash flow coverage, and 64% Agency MBS portfoli...

Other symbols: TWOD
4 months ago - Seeking Alpha

TWO Announces Earnings Release and Conference Call for Third Quarter 2025 Financial Results

NEW YORK--(BUSINESS WIRE)---- $TWO #Earnings--TWO Announces Earnings Release and Conference Call for Third Quarter 2025 Financial Results.

4 months ago - Business Wire

Mortgage Rate Decline Fuels High Yield mREIT Preferreds

Agency mREITs capitalized on wide mortgage spreads by issuing equity and buying agency-backed mortgages, leading to significant mark-to-market gains as spreads tightened. Dynex and AGNC Investment exp...

5 months ago - Seeking Alpha

Two Harbors: Common, Series A, And B Preferred Shares Are Attractively Valued

Two Harbors Investment is an mREIT focused on residential mortgage backed securities and mortgage servicing rights. Q3 2025 reported earnings will reflect the residual impact of a $375 million settlem...

5 months ago - Seeking Alpha

Preferreds Weekly Review: The Mystery Of ANG.PR.B May Be Solved

We take a look at the action in preferreds and baby bonds through the fourth week of August and highlight some of the key themes we are watching. Preferreds credit spreads are near 5-year lows with yi...

Other symbols: OXSQTWOD
6 months ago - Seeking Alpha

Powell Pivot Sparks REIT Rebound

U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....

Other symbols: AGGAGNCAMHAMTAREAVBAWP
6 months ago - Seeking Alpha

TWO Provides Business Update

NEW YORK--(BUSINESS WIRE)--TWO Provides Business Update: Announces Resolution of Litigation and Third Quarter 2025 Common and Preferred Stock Dividends.

6 months ago - Business Wire

Two Harbors: A Costly Court Loss, But A Contrarian Play?

Two Harbors suffered a major legal loss in May, which created a near-term uncertainty due to a $199 million liability from its manager dispute. Dividend coverage remains weak, with recurring earnings ...

6 months ago - Seeking Alpha

Assessing Two Harbors' Performance For Q2 2025

TWO reported a severe 17.2% BV decrease, underperforming my expectations, mainly due to a negative legal ruling and hedging decisions. Core earnings/EAD modestly outperformed, driven by lower net inte...

6 months ago - Seeking Alpha

Two Harbors Investment Corp. (TWO) Q2 2025 Earnings Call Transcript

Two Harbors Investment Corp. (NYSE:TWO) Q2 2025 Earnings Conference Call July 29, 2025 9:00 AM ET Company Participants Margaret Field Karr - Head of Investor Relations Nicholas Letica - VP & Chief In...

7 months ago - Seeking Alpha

TWO Reports Second Quarter 2025 Financial Results

NEW YORK--(BUSINESS WIRE)---- $TWO #Earnings--TWO Reports Second Quarter 2025 Financial Results.

7 months ago - Business Wire