Two Harbors Investment Corp. (TWO)
Market Cap | 1.34B |
Revenue (ttm) | 501.30M |
Net Income (ttm) | 186.78M |
Shares Out | 96.62M |
EPS (ttm) | 2.13 |
PE Ratio | 6.52 |
Forward PE | 7.70 |
Dividend | $2.64 (19.01%) |
Ex-Dividend Date | Jan 4, 2023 |
Volume | 1,082,475 |
Open | 13.39 |
Previous Close | 13.42 |
Day's Range | 13.23 - 13.93 |
52-Week Range | 12.12 - 22.68 |
Beta | 1.75 |
Analysts | Buy |
Price Target | 17.85 (+28.51%) |
Earnings Date | May 3, 2023 |
About TWO
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging... [Read more]
Financial Performance
In 2022, TWO's revenue was $501.30 million, an increase of 46.81% compared to the previous year's $341.47 million. Earnings were $186.78 million, an increase of 45.05%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for TWO stock is "Buy." The 12-month stock price forecast is $17.85, which is an increase of 28.51% from the latest price.
News

Two Harbors Investment Corp. Announces First Quarter 2023 Common and Preferred Stock Dividends and Company Update
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today declared a dividend of $0.60 per share of common stock for the first q...

3 Top-Ranked REITs for Dividend Investors to Buy
Investing in REITs and real estate in general is a useful way to diversify returns from other assets like bonds and stocks

Two Harbors Investment Corp. Announces 2023 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp.

Two Harbors Investment Corp. Reports Fourth Quarter 2022 Financial Results
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp.

Two Harbors Investment Corp. Announces Pricing of Public Offering of Common Stock
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp . (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced that it has priced a public offering of 10,000,000 share...

Two Harbors Investment Corp. Announces Public Offering of Common Stock
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp . (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced that it has commenced an underwritten public offering of...

Two Harbors Investments (TWO) Upgraded to Strong Buy: What Does It Mean for the Stock?
Two Harbors Investments (TWO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Two Harbors Investment Corp. Announces 2022 Dividend Tax Information
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, announced today the tax treatment of the company's common stock and prefe...

Two Harbors Investment Corp. Announces Preliminary Financial Results for Fourth Quarter 2022
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp . (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced preliminary estimated financial results for the quarter ...

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Fourth Quarter 2022 Financial Results
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp . (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, announced today that it will release financial results for the quarter e...

Two Harbors Investment Corp. Announces Fourth Quarter 2022 Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp . (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today declared a dividend of $0.60 per share of common stock for the fou...

Two Harbors Investments (TWO) Q3 Earnings and Revenues Miss Estimates
Two Harbors Investments (TWO) delivered earnings and revenue surprises of -4.69% and 79.08%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the st...

Two Harbors Investment Corp. Reports Third Quarter 2022 Financial Results
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Reports Third Quarter 2022 Financial Results

Two Harbors Investment Corp. Announces Completion of Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Completion of Reverse Stock Split

Earnings Preview: Two Harbors Investments (TWO) Q3 Earnings Expected to Decline
Two Harbors Investments (TWO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Two Harbors Investment Corp. Announces Third Quarter 2022 Preliminary Financial Results
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced preliminary estimated financial results(1) for the quarter e...

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2022 Financial Results
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2022 Financial Results

These 2 Mortgage REITs Have Yields Higher Than 15% And Are Trading Below Book Value - AG Mortgage Investment (NYSE:MITT), Two Harbors Investment (NYSE:TWO)
When investing in mortgage real estate investment trusts, one advantage investors should know about is that they typically have higher yields than equity REITs, and should never trade at a premium to ...

Two Harbors Investment Corp. Announces Third Quarter 2022 Common and Preferred Stock Dividends and Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Third Quarter 2022 Common and Preferred Stock Dividends and Reverse Stock Split

Two Harbors Investment Corp. to Participate in the 2022 Barclays Global Financial Services Conference
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. to Participate in the 2022 Barclays Global Financial Services Conference

Two Harbors Investment Corp. Announces the Appointment of Nicholas Letica as Chief Investment Officer
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces the Appointment of Nicholas Letica as Chief Investment Officer

Two Harbors Investments (TWO) Just Reclaimed the 20-Day Moving Average
Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?

Two Harbors Investment Corp. Reports Second Quarter 2022 Financial Results
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Reports Second Quarter 2022 Financial Results

Two Harbors Investment Corp. Announces Definitive Agreement to Acquire RoundPoint Mortgage Servicing Corporation
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Definitive Agreement to Acquire RoundPoint Mortgage Servicing Corporation