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
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 516 | 247 | 428 | 469 | 619 | 229 | 748 | 307 | 155 | 42.64 |
| Revenue Growth | 108.82% | -42.27% | -8.68% | -24.19% | 169.81% | -69.33% | 143.65% | 97.51% | 264.53% | - |
| Gross Profit | 516 | 247 | 428 | 469 | 619 | 229 | 748 | 307 | 155 | 42.64 |
| Operating Income | 325 | -2.00 | 299 | 332 | 476 | 93.79 | 661 | 256 | 132 | 35.07 |
| Net Income | 324 | -44.29 | 349 | 353 | 492 | 167 | 579 | 292 | 127 | 35.76 |
| Shares Outstanding | 268 | 206 | 174 | 174 | 183 | 183 | 175 | 121 | 49.41 | 11.19 |
| Earnings Per Share | 0.93 | -0.53 | 1.81 | 2.03 | 2.70 | 0.92 | 3.30 | 2.40 | 2.58 | 3.20 |
| EPS Growth | - | - | -10.84% | -24.81% | 193.48% | -72.12% | 37.5% | -6.98% | -19.38% | - |
| Dividend Per Share | 1.67 | 1.88 | 3.69 | 1.86 | 2.08 | 2.08 | 2.34 | 3.18 | 3.76 | 2.76 |
| Dividend Growth | -11.17% | -49.01% | 98.23% | -10.58% | 0% | -11.11% | -26.42% | -15.43% | 36.23% | - |
| Operating Cash Flow | 1,057 | 703 | 607 | 240 | -1,937 | -667 | -456 | 162 | 152 | 33.11 |
| Free Cash Flow | 1,057 | 703 | 607 | 240 | -1,937 | -667 | -456 | 162 | 152 | 33.11 |
| Cash & Equivalents | 1,617 | 1,098 | 1,055 | 759 | 1,000 | 1,343 | 1,427 | 1,123 | 527 | 186 |
| Total Debt | 30,337 | 24,592 | 20,969 | 15,972 | 10,793 | 16,642 | 12,890 | 12,625 | 6,660 | 1,170 |
| Net Cash / Debt | -28,720 | -23,495 | -19,914 | -15,213 | -9,793 | -15,300 | -11,463 | -11,501 | -6,134 | -983 |
| Assets | 35,922 | 30,132 | 24,789 | 20,112 | 14,576 | 21,084 | 17,174 | 16,814 | 8,100 | 1,797 |
| Liabilities | 30,951 | 25,878 | 21,218 | 16,711 | 10,999 | 17,016 | 13,319 | 13,363 | 6,830 | 1,415 |
| Book Value | 4,970 | 4,254 | 3,571 | 3,401 | 3,577 | 4,068 | 3,855 | 3,451 | 1,270 | 382 |
Numbers in millions USD, except per-share numbers.
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.