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Two Harbors Investment Corp. (TWO)

Stock Price: $5.50 USD 0.36 (7.00%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $5.51 +0.01 (0.18%) Aug 7, 7:19 PM

Stock Price Chart

Key Info

Market Cap 1.51B
Revenue (ttm) -213.93M
Net Income (ttm) -1.60B
Shares Out 273.70M
EPS (ttm) -6.14
PE Ratio n/a
Forward PE 7.41
Dividend $0.99
Dividend Yield 18.00%

Stock Quote

Trading Day Aug 7, 2020
Last Price $5.50
Previous Close $5.14
Change ($) 0.36
Change (%) 7.00%
Day's Open 5.15
Day's Range 5.15 - 5.50
Day's Volume 7,573,806
52-Week Range 2.25 - 15.85

More Stats

Market Cap 1.51B
Enterprise Value 17.39B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date Apr 15, 2020
Shares Outstanding 273.70M
Float 271.24M
EPS (basic) -6.13
EPS (diluted) -6.14
FCF / Share 2.49
Dividend $0.99
Dividend Yield 18.00%
Earnings Yield n/a
FCF Yield 45.27%
Payout Ratio n/a
Shares Short 14.21M
Short Ratio 1.44
Short % of Float 5.24%
Beta 1.60
PE Ratio n/a
Forward PE 7.41
P/FCF Ratio 2.21
PS Ratio n/a
PB Ratio 0.79
Revenue -213.93M
Operating Income -1.63B
Net Income -1.60B
Free Cash Flow 681.50M
Net Cash -15.89B
Net Cash / Share -58.05
Gross Margin -525.97%
Operating Margin 762.27%
Profit Margin 130.50%
FCF Margin -318.56%
ROA -5.74%
ROE -41.61%
ROIC -3.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 5
Overweight 1
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$6.00*
(9.09% upside)
Low
5.50
Current: $5.50
High
6.50
Target: 6.00
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue51624742846961922974830715542.64
Revenue Growth108.82%-42.27%-8.68%-24.19%169.81%-69.33%143.65%97.51%264.53%-
Gross Profit51624742846961922974830715542.64
Operating Income325-2.0029933247693.7966125613235.07
Net Income324-44.2934935349216757929212735.76
Shares Outstanding26820617417418318317512149.4111.19
Earnings Per Share0.93-0.531.812.032.700.923.302.402.583.20
EPS Growth---10.84%-24.81%193.48%-72.12%37.5%-6.98%-19.38%-
Dividend Per Share1.671.883.691.862.082.082.343.183.762.76
Dividend Growth-11.17%-49.01%98.23%-10.58%0%-11.11%-26.42%-15.43%36.23%-
Operating Cash Flow1,057703607240-1,937-667-45616215233.11
Free Cash Flow1,057703607240-1,937-667-45616215233.11
Cash & Equivalents1,6171,0981,0557591,0001,3431,4271,123527186
Total Debt30,33724,59220,96915,97210,79316,64212,89012,6256,6601,170
Net Cash / Debt-28,720-23,495-19,914-15,213-9,793-15,300-11,463-11,501-6,134-983
Assets35,92230,13224,78920,11214,57621,08417,17416,8148,1001,797
Liabilities30,95125,87821,21816,71110,99917,01613,31913,3636,8301,415
Book Value4,9704,2543,5713,4013,5774,0683,8553,4511,270382
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Two Harbors Investment Corp.
Country United States
CEO William Greenberg

Stock Information

Ticker Symbol TWO
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Mortgage
Unique Identifier NYSE: TWO
IPO Date October 29, 2009

Description

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); non-agency securities collateralized by residential mortgage loans; and other assets, such as financial and mortgage-related assets, as well as residential mortgage loans and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the Company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in New York, New York.