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TWO

TWO - Two Harbors Investment Corp Stock Price, Fair Value and News

13.22USD+0.01 (+0.08%)Delayed

Market Summary

TWO
USD13.22+0.01
Delayed
0.08%

TWO Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

TWO Stock Price

View Fullscreen

TWO RSI Chart

TWO Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

4.99

Price/Sales (Trailing)

1.96

EV/EBITDA

5.25

Price/Free Cashflow

4.09

TWO Price/Sales (Trailing)

TWO Profitability

EBT Margin

44.77%

Return on Equity

12.23%

Return on Assets

2.08%

Free Cashflow Yield

24.46%

TWO Fundamentals

TWO Revenue

Revenue (TTM)

698.8M

Rev. Growth (Yr)

8.49%

Rev. Growth (Qtr)

-6.87%

TWO Earnings

Earnings (TTM)

274.0M

Earnings Growth (Yr)

215.15%

Earnings Growth (Qtr)

147%

Breaking Down TWO Revenue

Last 7 days

1.9%

Last 30 days

4.8%

Last 90 days

2.1%

Trailing 12 Months

-2%

How does TWO drawdown profile look like?

TWO Financial Health

TWO Investor Care

Dividend Yield

15.84%

Dividend/Share (TTM)

2

Shares Dilution (1Y)

7.07%

Diluted EPS (TTM)

2.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024698.8M000
2023620.6M638.3M668.1M685.8M
2022497.9M542.6M568.5M603.9M
2021376.7M382.2M415.4M468.4M
20201.0B851.0M691.0M525.0M
2019921.5M995.2M1.0B994.7M
2018770.0M772.6M813.2M870.0M
2017624.5M667.5M710.3M745.1M
2016558.7M547.9M548.4M575.1M
2015601.6M614.0M624.6M601.9M
2014801.6M554.1M558.4M577.2M
2013617.5M899.2M910.9M911.0M
2012267.3M332.3M390.9M455.0M
201153.8M85.5M141.4M201.6M
201011.9M20.9M30.0M40.1M
20090002.9M

Tracking the Latest Insider Buys and Sells of Two Harbors Investment Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 21, 2024
greenberg william ross
sold
-103,609
12.6816
-8,170
chief executive officer
May 21, 2024
sandberg rebecca b
sold
-57,130
12.6816
-4,505
chief legal officer
May 21, 2024
riskey mary kathryn
sold
-49,077
12.6816
-3,870
chief financial officer
May 17, 2024
abraham spencer
sold
-49,981
13.0159
-3,840
-
May 17, 2024
kasnet stephen g
sold
-166,473
13.0159
-12,790
-
May 15, 2024
hammond karen
acquired
-
-
9,104
-
May 15, 2024
bender james j
acquired
-
-
9,104
-
May 15, 2024
sanders william reid
acquired
-
-
9,104
-
May 15, 2024
das sanjiv
acquired
-
-
9,104
-
May 15, 2024
stern james a
acquired
-
-
9,104
-

1–10 of 50

Which funds bought or sold TWO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 21, 2024
Cape Investment Advisory, Inc.
reduced
-96.32
-55,965
2,026
-%
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
66.4
1,750
5,191
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-20,000
369,000
-%
May 24, 2024
Cetera Investment Advisers
new
-
405,828
405,828
-%
May 21, 2024
LRI Investments, LLC
new
-
2,036
2,036
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
-518
9,930
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-68.6
-1,645,090
699,800
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.63
-132,460
1,283,800
-%
May 16, 2024
COMERICA BANK
reduced
-5.21
-66,295
602,936
-%
May 15, 2024
Royal Bank of Canada
reduced
-70.09
-497,000
197,000
-%

1–10 of 36

Are Funds Buying or Selling TWO?

Are funds buying TWO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TWO
No. of Funds

Unveiling Two Harbors Investment Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.99%
10,571,743
SC 13G/A
Jan 22, 2024
blackrock inc.
17.0%
16,360,279
SC 13G/A
Jan 11, 2024
allspring global investments holdings, llc
5.35%
5,150,572
SC 13G
Feb 09, 2023
vanguard group inc
11.37%
9,823,329
SC 13G/A
Jan 23, 2023
blackrock inc.
17.5%
15,153,726
SC 13G
Mar 11, 2022
blackrock inc.
17.8%
61,284,292
SC 13G/A
Feb 08, 2022
blackrock inc.
17.8%
61,284,292
SC 13G
Jul 12, 2021
vanguard group inc
10.58%
28,956,357
SC 13G/A
Jul 12, 2021
blackrock inc.
18.2%
49,788,671
SC 13G/A
Mar 10, 2021
blackrock inc.
10.4%
28,369,008
SC 13G/A

Recent SEC filings of Two Harbors Investment Corp

View All Filings
Date Filed Form Type Document
May 22, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 22, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading
May 17, 2024
144
Notice of Insider Sale Intent
May 17, 2024
144
Notice of Insider Sale Intent
May 17, 2024
144
Notice of Insider Sale Intent
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading

Peers (Alternatives to Two Harbors Investment Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.0B
11.2B
1.81% 4.49%
46.09
8.11
3.63% 50.79%
41.9B
6.8B
-3.70% -11.98%
30.07
6.12
-2.39% -16.60%
29.0B
2.8B
3.16% 10.19%
30.34
10.33
5.72% -6.46%
20.4B
3.0B
-5.07% 5.15%
103.83
6.9
10.44% -73.79%
13.3B
-
-0.11% 4.73%
31.51
8.2
8.93% 11.87%
11.5B
1.4B
3.03% 5.54%
30.46
8.39
10.48% -2.04%
MID-CAP
9.7B
3.3B
-0.36% 17.61%
50.25
2.92
4.82% -75.15%
8.3B
1.2B
-0.88% 9.74%
34.87
7.23
5.48% -38.69%
3.6B
913.7M
7.06% 124.27%
-6.99
3.92
1.13% -307.54%
3.2B
878.0M
-3.36% 36.09%
-9.25
3.6
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-1.10% 16.75%
19.11
2.95
3.54% 8.91%
1.2B
198.2M
-3.28% 0.38%
-7.27
6.02
-43.33% -308.08%
1.1B
650.2M
1.20% -1.97%
36.6
1.72
27.93% 140.31%
569.3M
285.4M
2.30% -36.65%
-4.47
1.99
11.05% 83.70%
452.6M
277.2M
0.98% -18.47%
-55.2
1.63
25.89% 94.64%

Two Harbors Investment Corp News

Latest updates
Defense World20 Jun 202411:24 am

Two Harbors Investment Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-6.9%16617917917515316114915813712612311310773.0090.00107256238250261245
Costs and Expenses298.1%48.00-24.0255.0046.0025.00-45.9042.0043.0044.00-51.6238.0037.0041.0042.00-88.8619450.0052.0048.0044.0048.00
EBITDA Margin153.3%0.19*-0.36*-0.02*0.00*-0.32*0.60*1.15*0.78*0.67*0.58*1.26*1.82*---------
Interest Expenses7.6%-42.22-45.68-49.49-41.80-25.90-16.3211.0020.0023.0013.0014.0019.0033.0050.0061.0045.0088.0071.0059.0069.0082.00
Income Taxes141.0%12.00-29.2736.0020.00-3.909.0021.0026.0049.002.000.00-20.9123.004.00-8.20-18.20-13.14-2.37-3.562.00-10.04
Earnings Before Taxes146.6%216-462343217-180-261299-46.513341.0067.00-138263215194-191-1,882132302-88.15-35.97
EBT Margin468.2%0.45*-0.12*0.18*0.11*-0.31*0.54*1.03*0.65*0.53*0.41*0.98*1.39*---------
Net Income147.0%204-433306197-176-270278-72.42285-1.2966.00-117240192202-173-1,869116287-109-44.88
Net Income Margin352.8%0.39*-0.16*0.08*0.04*-0.39*0.36*0.86*0.51*0.47*0.40*0.92*1.35*---------
Free Cashflow-107.9%-8.671101221110.0023636970.00-51.3443.00230214---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.2%13,16213,13913,91714,01013,94013,46614,69613,73712,27412,11411,48512,50215,99219,51620,58821,48222,20335,92232,16434,34028,501
    Cash Equivalents-8.7%6667306446997086837325126201,1541,0761,2811,1591,3851,6151,6161,207558741434512
Liabilities-0.1%10,92210,93511,80011,79411,69511,28312,55111,2549,6459,3708,75010,01813,27116,42717,56818,64619,29930,95127,14529,47123,726
Shareholder's Equity1.7%2,2402,2032,1172,2162,2462,1842,1442,4842,6292,7442,7352,4842,7213,0893,0202,8362,9044,9705,0204,8694,774
  Additional Paid-In Capital0.1%5,9325,9255,8265,8255,8305,6465,6435,6335,6305,6285,4295,1705,1665,1645,1615,1595,1565,1555,1525,1495,147
Shares Outstanding0.3%10310396.0096.0093.0086.0086.0086.0086.0074.0077.0068.00---------
Float----1,300---1,700---2,100---1,400---3,400-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-107.9%-8.671101221110.0023636970.00-51.3443.00230214-63.3625322652.00100206324362166
  Share Based Compensation277.1%6.002.002.002.006.002.002.003.004.003.003.005.002.002.003.002.002.003.002.002.002.00
Cashflow From Investing-144.7%-34777757.0040.00-1,069882-2,247-674-711-4746263,2582,9041,4626002,03210,810-3,4512,564-7,8442,654
Cashflow From Financing126.4%300-1,137-15545.00769-1,5662,314268150659-1,143-3,295-3,515-1,281-664-1,920-10,6393,613-2,4287,495-3,138
  Dividend Payments7.7%47.0044.0044.0058.0052.0059.0059.0059.0059.0054.0047.0047.0047.0038.0038.0014.00109109109128117
  Buy Backs155.0%1.00-1.45-10.00------------1.00-0.00--
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TWO Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net interest income (expense):  
Interest income$ 117,783$ 116,593
Interest expense160,000142,490
Net interest (expense) income(42,217)(25,897)
Net Servicing Income [Abstract]  
Servicing income166,333153,320
Servicing costs7,11928,366
Net Servicing Income159,214124,954
Other income (loss):  
(Loss) gain on investment securities(10,975)10,798
Gain (loss) on servicing asset11,012(28,079)
Gain (loss) on interest rate swap and swaption agreements98,510(82,154)
Gain (loss) on other derivative instruments47,599(155,771)
Other (loss) income(3)0
Total other income (loss)146,143(255,206)
Expenses:  
Compensation and benefits26,52914,083
Other operating expenses21,05210,484
Total expenses47,58124,567
Income (loss) before income taxes215,559(180,716)
Provision for (benefit from) income taxes11,971(3,908)
Net income (loss)203,588(176,808)
Dividends on preferred stock(11,784)(12,365)
Gain on repurchase and retirement of preferred stock6440
Net income (loss) attributable to common stockholders$ 192,448$ (189,173)
Basic earnings (loss) per weighted average common share$ 1.85$ (2.05)
Diluted earnings (loss) per weighted average common share$ 1.73$ (2.05)
Weighted average basic common shares (in shares)103,401,94092,575,840
Weighted average diluted common shares (in shares)112,973,31792,575,840
Comprehensive income (loss):  
Net income (loss)$ 203,588$ (176,808)
Other comprehensive (loss) income:  
Unrealized (loss) gain on available-for-sale securities(103,078)125,931
Other comprehensive (loss) income(103,078)125,931
Comprehensive income (loss)100,510(50,877)
Dividends on preferred stock(11,784)(12,365)
Gain on repurchase and retirement of preferred stock6440
Comprehensive income (loss) attributable to common stockholders$ 89,370$ (63,242)

TWO Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Available-for-sale securities, at fair value (amortized cost $8,467,938 and $8,509,383, respectively; allowance for credit losses $3,607 and $3,943, respectively)$ 8,182,544$ 8,327,149
Mortgage servicing rights, at fair value3,084,8793,052,016
Cash and cash equivalents666,244729,732
Restricted cash72,18465,101
Accrued interest receivable35,48735,339
Due from counterparties545,312323,224
Derivative assets, at fair value24,39785,291
Reverse repurchase agreements351,843284,091
Other assets199,035236,857
Total Assets13,161,92513,138,800
Liabilities  
Repurchase agreements8,361,6388,020,207
Revolving credit facilities1,357,6711,329,171
Term notes payable295,520295,271
Convertible senior notes268,953268,582
Derivative liabilities, at fair value3,02721,506
Due to counterparties330,551574,735
Dividends payable58,68558,731
Accrued interest payable79,990141,773
Commitments and contingencies (see Note 16)00
Other liabilities165,820225,434
Total Liabilities10,921,85510,935,410
Stockholders' Equity  
Preferred stock, par value $0.01 per share; 100,000,000 shares authorized and 24,870,817 and 25,356,426 shares issued and outstanding, respectively ($621,770 and $633,911 liquidation preference, respectively)601,467613,213
Common stock, par value $0.01 per share; 175,000,000 shares authorized and 103,474,944 and 103,206,457 shares issued and outstanding, respectively1,0351,032
Additional paid-in capital5,931,5585,925,424
Accumulated other comprehensive loss(279,507)(176,429)
Cumulative earnings1,554,2051,349,973
Cumulative distributions to stockholders(5,568,688)(5,509,823)
Total Stockholders’ Equity2,240,0702,203,390
Total Liabilities and Stockholders’ Equity$ 13,161,925$ 13,138,800
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), 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 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 Minnetonka, Minnesota.
 CEO
 WEBSITEtwoharborsinvestment.com
 INDUSTRYREIT Mortgage
 EMPLOYEES97

Two Harbors Investment Corp Frequently Asked Questions


What is the ticker symbol for Two Harbors Investment Corp? What does TWO stand for in stocks?

TWO is the stock ticker symbol of Two Harbors Investment Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Two Harbors Investment Corp (TWO)?

As of Fri Jun 21 2024, market cap of Two Harbors Investment Corp is 1.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TWO stock?

You can check TWO's fair value in chart for subscribers.

What is the fair value of TWO stock?

You can check TWO's fair value in chart for subscribers. The fair value of Two Harbors Investment Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Two Harbors Investment Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TWO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Two Harbors Investment Corp a good stock to buy?

The fair value guage provides a quick view whether TWO is over valued or under valued. Whether Two Harbors Investment Corp is cheap or expensive depends on the assumptions which impact Two Harbors Investment Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TWO.

What is Two Harbors Investment Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, TWO's PE ratio (Price to Earnings) is 4.99 and Price to Sales (PS) ratio is 1.96. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TWO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Two Harbors Investment Corp's stock?

In the past 10 years, Two Harbors Investment Corp has provided -0.067 (multiply by 100 for percentage) rate of return.