Two Harbors Investment Statistics
Total Valuation
TWO has a market cap or net worth of $942.24 million. The enterprise value is $8.42 billion.
Important Dates
The next estimated earnings date is Monday, April 27, 2026, after market close.
| Earnings Date | Apr 27, 2026 |
| Ex-Dividend Date | Jan 5, 2026 |
Share Statistics
TWO has 105.04 million shares outstanding. The number of shares has decreased by -7.94% in one year.
| Current Share Class | 105.04M |
| Shares Outstanding | 105.04M |
| Shares Change (YoY) | -7.94% |
| Shares Change (QoQ) | -36.39% |
| Owned by Insiders (%) | 1.01% |
| Owned by Institutions (%) | 73.43% |
| Float | 103.94M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 7.16 |
| PS Ratio | 2.55 |
| Forward PS | n/a |
| PB Ratio | 0.79 |
| P/TBV Ratio | 0.79 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 10.60 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 22.75 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.24, with a Debt / Equity ratio of 4.79.
| Current Ratio | 0.24 |
| Quick Ratio | 0.20 |
| Debt / Equity | 4.79 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -23.24% and return on invested capital (ROIC) is -0.58%.
| Return on Equity (ROE) | -23.24% |
| Return on Assets (ROA) | -3.94% |
| Return on Invested Capital (ROIC) | -0.58% |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 1.08% |
| Revenue Per Employee | $761,342 |
| Profits Per Employee | -$1.05M |
| Employee Count | 486 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TWO has paid $8.87 million in taxes.
| Income Tax | 8.87M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -33.06% in the last 52 weeks. The beta is 1.21, so TWO's price volatility has been higher than the market average.
| Beta (5Y) | 1.21 |
| 52-Week Price Change | -33.06% |
| 50-Day Moving Average | 11.30 |
| 200-Day Moving Average | 10.43 |
| Relative Strength Index (RSI) | 32.41 |
| Average Volume (20 Days) | 3,095,147 |
Short Selling Information
The latest short interest is 7.24 million, so 6.89% of the outstanding shares have been sold short.
| Short Interest | 7.24M |
| Short Previous Month | 6.96M |
| Short % of Shares Out | 6.89% |
| Short % of Float | 6.96% |
| Short Ratio (days to cover) | 2.39 |
Income Statement
In the last 12 months, TWO had revenue of $370.01 million and -$508.40 million in losses. Loss per share was -$4.88.
| Revenue | 370.01M |
| Gross Profit | 357.28M |
| Operating Income | -59.29M |
| Pretax Income | -445.43M |
| Net Income | -508.40M |
| EBITDA | n/a |
| EBIT | n/a |
| Loss Per Share | -$4.88 |
Full Income StatementBalance Sheet
The company has $1.09 billion in cash and $8.56 billion in debt, with a net cash position of -$7.47 billion or -$71.16 per share.
| Cash & Cash Equivalents | 1.09B |
| Total Debt | 8.56B |
| Net Cash | -7.47B |
| Net Cash Per Share | -$71.16 |
| Equity (Book Value) | 1.79B |
| Book Value Per Share | 11.32 |
| Working Capital | -5.90B |
Full Balance SheetCash Flow
| Operating Cash Flow | 88.92M |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 96.56%, with operating and profit margins of -16.02% and -122.78%.
| Gross Margin | 96.56% |
| Operating Margin | -16.02% |
| Pretax Margin | -120.38% |
| Profit Margin | -122.78% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.36, which amounts to a dividend yield of 15.16%.
| Dividend Per Share | $1.36 |
| Dividend Yield | 15.16% |
| Dividend Growth (YoY) | -15.56% |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 7.94% |
| Shareholder Yield | 23.10% |
| Earnings Yield | -53.96% |
| FCF Yield | n/a |
Dividend DetailsAnalyst Forecast
The average price target for TWO is $12.94, which is 44.26% higher than the current price. The consensus rating is "Hold".
| Price Target | $12.94 |
| Price Target Difference | 44.26% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on November 2, 2022. It was a reverse split with a ratio of 1:4.
| Last Split Date | Nov 2, 2022 |
| Split Type | Reverse |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 3 |
