Two Harbors Investment Corp. (TWO)

NYSE: TWO · Real-Time Price · USD
11.46
-0.18 (-1.55%)
At close: Nov 20, 2024, 4:00 PM
11.50
+0.04 (0.35%)
After-hours: Nov 20, 2024, 7:12 PM EST
-1.55%
Market Cap 1.19B
Revenue (ttm) 119.48M
Net Income (ttm) -458.19M
Shares Out 103.65M
EPS (ttm) -4.63
PE Ratio n/a
Forward PE 7.16
Dividend $1.80 (15.71%)
Ex-Dividend Date Oct 1, 2024
Volume 739,520
Open 11.57
Previous Close 11.64
Day's Range 11.39 - 11.61
52-Week Range 11.28 - 14.59
Beta 1.89
Analysts Buy
Price Target 14.32 (+24.96%)
Earnings Date Oct 28, 2024

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

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 29, 2009
Employees 466
Stock Exchange NYSE
Ticker Symbol TWO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for TWO stock is "Buy." The 12-month stock price forecast is $14.32, which is an increase of 24.96% from the latest price.

Price Target
$14.32
(24.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TWO Announces Appointment of Travis Swenson and Plan for Chief Financial Officer Transition

NEW YORK--(BUSINESS WIRE)--TWO Announces Appointment of Travis Swenson and Plan for Chief Financial Officer Transition.

8 days ago - Business Wire

Undercovered Dozen: Dassault Systemes, Intrum, Itochu, Two Harbors +

The Undercovered Dozen series on Seeking Alpha highlights 12 articles focusing on lesser-known stocks, encouraging community discussion and investment ideas. This week's articles examine various compa...

18 days ago - Seeking Alpha

Two Harbors: Weak Earnings

Two Harbors Investment Corp. is highly sensitive to interest rate changes, with Q3 earnings weak and dividend coverage increasingly opaque. The company's focus on mortgage servicing rights (MSRs) aims...

22 days ago - Seeking Alpha

Two Harbors Investment Corp. (TWO) Q3 2024 Earnings Call Transcript

Two Harbors Investment Corp. (NYSE:TWO) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Maggie Karr - Head, Investor Relations Bill Greenberg - President and CEO Nic...

22 days ago - Seeking Alpha

TWO Reports Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--TWO Reports Third Quarter 2024 Financial Results.

23 days ago - Business Wire

3 Shares Yielding Over 9%

We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not a...

4 weeks ago - Seeking Alpha

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2024 Financial Results.

5 weeks ago - Business Wire

The High Yield Desert

I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing bu...

2 months ago - Seeking Alpha

Two Harbors Investment Corp. Announces Third Quarter 2024 Common and Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Third Quarter 2024 Common and Preferred Stock Dividends.

2 months ago - Business Wire

Wall Street's Most Accurate Analysts Give Their Take On 3 Financials Stocks With Over 12% 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: AGNCIVR
2 months ago - Benzinga

Two Harbors Investment Corp. Announces Appointments of Head of Servicing at RoundPoint and Chief Technology Officer

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Appointments of Head of Servicing at RoundPoint and Chief Technology Officer.

2 months ago - Business Wire

Two Harbors Investment Preferreds: Defining The Opportunity In Declining Interest Rates

Investors are considering transferring reserves from money markets to bonds due to declining interest rates. Two Harbors Investment Corporation's preferred stocks (TWO.PR.A, TWO.PR.B, TWO.PR.C) are an...

3 months ago - Seeking Alpha

Two Harbors to Use ICE's Encompass Digital Mortgage Platform in Servicing Retention Strategy via Direct-to-Consumer Lending Channel

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Two Harbors Investment Corp.(NYSE:TWO) (“Two Ha...

Other symbols: ICE
3 months ago - Business Wire

Bashing Big Yielders

Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.

3 months ago - Seeking Alpha

Two Harbors Investment Corp. (TWO) Q2 2024 Earnings Call Transcript

Two Harbors Investment Corp. (TWO) Q2 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

Two Harbors Investment Corp. Reports Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Reports Second Quarter 2024 Financial Results.

4 months ago - Business Wire

Two Harbors Preferreds Look Much Better Than The Common

Two Harbors preferreds have significantly outperformed the common shares over the past five years. Structural aspects of mREITs like the requirement to pay out 90% of taxable income and the lack of re...

4 months ago - Seeking Alpha

Two Harbors: The Series B Preferred Shares Offer The Best Value

Two Harbors Investment Corporation is an mREIT focused on agency residential mortgage-backed securities and mortgage servicing rights. The company's series B preferred shares have outperformed the iSh...

4 months ago - Seeking Alpha

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Second Quarter 2024 Financial Results.

4 months ago - Business Wire

12%+ Dividend Yields Duel

This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...

4 months ago - Seeking Alpha

12% Dividend Yield Sure Beats 8%

Management tried to keep the dividend down. They have the cash to pay out. These shares ranked ahead of the common shares. We've invested in these shares before. Now we're doing it again. Except this ...

5 months ago - Seeking Alpha

Two Harbors Investment Corp. Announces Second Quarter 2024 Common and Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Second Quarter 2024 Common and Preferred Stock Dividends.

5 months ago - Business Wire

9%+ Yields For Bigger Income

We spotted a new baby bond that was particularly appealing. A discount to face value drove yields higher. When we consider these high-yielding investments, it's important to carefully compare them wit...

5 months ago - Seeking Alpha

Two Harbors Investment Corp. to Present at the 2024 KBW Virtual Real Estate Finance & Technology Conference

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. to Present at the 2024 KBW Virtual Real Estate Finance & Technology Conference.

6 months ago - Business Wire

Two Harbors Investment Corp. Announces Details Pertaining to the 2024 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Details Pertaining to the 2024 Annual Meeting of Stockholders.

6 months ago - Business Wire