Two Harbors Investment Corp. (TWO)

NYSE: TWO · Real-Time Price · USD
13.76
+0.07 (0.51%)
At close: Feb 21, 2025, 4:00 PM
13.80
+0.04 (0.29%)
After-hours: Feb 21, 2025, 7:14 PM EST
0.51%
Market Cap 1.43B
Revenue (ttm) 622.06M
Net Income (ttm) 249.98M
Shares Out 104.02M
EPS (ttm) 2.37
PE Ratio 5.80
Forward PE 8.07
Dividend $1.80 (13.08%)
Ex-Dividend Date Jan 3, 2025
Volume 1,755,961
Open 13.75
Previous Close 13.69
Day's Range 13.72 - 13.90
52-Week Range 10.84 - 14.27
Beta 1.86
Analysts Buy
Price Target 14.04 (+2.04%)
Earnings Date Jan 29, 2025

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 $14.04, which is an increase of 2.04% from the latest price.

Price Target
$14.04
(2.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TWO Announces 2025 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--TWO Announces 2025 Annual Meeting of Stockholders.

3 days ago - Business Wire

Two Harbors Investment Corp. (TWO) Q4 2024 Earnings Call Transcript

Two Harbors Investment Corp. (NYSE:TWO) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Maggie Karr - Head, Investor Relations Bill Greenberg - President & Chief Exe...

22 days ago - Seeking Alpha

TWO Announces 2024 Dividend Tax Information

NEW YORK--(BUSINESS WIRE)--TWO Announces 2024 Dividend Tax Information.

23 days ago - Business Wire

TWO Reports Fourth Quarter 2024 Financial Results

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

23 days ago - Business Wire

Housing Gridlock Fuels 10% Yielding Two Harbors Preferreds

Housing market gridlock benefits Two Harbors by extending the duration of its assets, enhancing stability and visibility into future cashflows. TWO's fixed-to-floating preferreds offer high yields (9....

4 weeks ago - Seeking Alpha

Past Time To Take Gains On These Big Yielders

These shares don't give investors a big enough yield or enough upside. The performance throughout the sector has been great, but occasionally, it's better to just pocket the gains.

4 weeks ago - Seeking Alpha

High Yield REITs Whacked By Higher Rates

Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around th...

5 weeks ago - Seeking Alpha

TWO Announces Earnings Release and Conference Call for Fourth Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--TWO Announces Earnings Release and Conference Call for Fourth Quarter 2024 Financial Results.

5 weeks ago - Business Wire

Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 14% 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: AGNCHRZN
7 weeks ago - Benzinga

TWO Announces Fourth Quarter 2024 Common and Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--TWO Announces Fourth Quarter 2024 Common and Preferred Stock Dividends.

2 months ago - Business Wire

Huge Yields, Brief Notes

Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortg...

2 months ago - Seeking Alpha

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.

3 months 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...

3 months 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...

4 months 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...

4 months ago - Seeking Alpha

TWO Reports Third Quarter 2024 Financial Results

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

4 months 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 months 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.

4 months 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...

5 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.

5 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
5 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.

5 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...

6 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
7 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.

7 months ago - Seeking Alpha