Two Harbors Investment Corp. (TWO)

NYSE: TWO · IEX Real-Time Price · USD
13.89
+0.47 (3.50%)
At close: Mar 24, 2023, 4:00 PM
13.85
-0.04 (-0.29%)
After-hours: Mar 24, 2023, 7:55 PM EDT
3.5%
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]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 29, 2009
Employees 105
Stock Exchange NYSE
Ticker Symbol TWO
Full Company Profile

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 Statements

Analyst 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.

Price Target
$17.85
(28.51% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - Business Wire

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

Other symbols: ABRARI
3 weeks ago - Zacks Investment Research

Two Harbors Investment Corp. Announces 2023 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp.

1 month ago - Business Wire

Best REITS For Reliable Income For 2023

REITs are dividend-paying entities that own or finance real estate.

1 month ago - Forbes

Two Harbors Investment Corp. Reports Fourth Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp.

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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).

1 month ago - Zacks Investment Research

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Zacks Investment Research

Two Harbors Investment Corp. Reports Third Quarter 2022 Financial Results

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

4 months ago - Business Wire

Two Harbors Investment Corp. Announces Completion of Reverse Stock Split

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

5 months ago - Business Wire

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.

5 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

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

5 months ago - Business Wire

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 ...

Other symbols: MITT
5 months ago - Benzinga

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

6 months ago - Business Wire

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

7 months ago - Business Wire

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

7 months ago - Business Wire

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?

8 months ago - Zacks Investment Research

Two Harbors Investment Corp. Reports Second Quarter 2022 Financial Results

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

8 months ago - Business Wire

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

8 months ago - Business Wire