image
Real Estate - REIT - Mortgage - NYSE - US
$ 23.0
-0.571 %
$ 1.13 B
Market Cap
41.65
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TWO-PA stock under the worst case scenario is HIDDEN Compared to the current market price of 23 USD, Two Harbors Investment Corp. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TWO-PA stock under the base case scenario is HIDDEN Compared to the current market price of 23 USD, Two Harbors Investment Corp. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TWO-PA stock under the best case scenario is HIDDEN Compared to the current market price of 23 USD, Two Harbors Investment Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TWO-PA

image
$24.5$24.5$24.0$24.0$23.5$23.5$23.0$23.0$22.5$22.5$22.0$22.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
0 REVENUE
0.00%
-601 M OPERATING INCOME
-552.56%
298 M NET INCOME
380.31%
201 M OPERATING CASH FLOW
-41.49%
0 INVESTING CASH FLOW
100.00%
-1.07 B FINANCING CASH FLOW
-123.92%
0 REVENUE
100.00%
-371 M OPERATING INCOME
0.00%
277 M NET INCOME
216.04%
-21.1 M OPERATING CASH FLOW
-24.18%
1.22 B INVESTING CASH FLOW
580.11%
-997 M FINANCING CASH FLOW
-13630.51%
Balance Sheet Two Harbors Investment Corp.
image
Current Assets 7.91 B
Cash & Short-Term Investments 7.88 B
Receivables 420 M
Other Current Assets -386 M
Non-Current Assets 2.99 B
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 2.99 B
72.23 %3.85 %27.46 %Total Assets$10.9b
Current Liabilities 793 M
Accounts Payable 86 M
Short-Term Debt 0
Other Current Liabilities 707 M
Non-Current Liabilities 260 M
Long-Term Debt 260 M
Other Non-Current Liabilities 0
8.16 %67.14 %24.70 %Total Liabilities$1.1b
EFFICIENCY
Earnings Waterfall Two Harbors Investment Corp.
image
Revenue 0
Cost Of Revenue 89.8 M
Gross Profit -89.8 M
Operating Expenses 511 M
Operating Income -601 M
Other Expenses -899 M
Net Income 298 M
300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)(400m)(400m)(500m)(500m)(600m)(600m)(700m)(700m)0(90m)(90m)(511m)(601m)899m298mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
11.86% ROE
11.86%
2.06% ROA
2.06%
-5.14% ROIC
-5.14%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Two Harbors Investment Corp.
image
500m500m00(500m)(500m)(1b)(1b)(1b)(1b)(2b)(2b)(2b)(2b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 298 M
Depreciation & Amortization 0
Capital Expenditures -114 M
Stock-Based Compensation 10.9 M
Change in Working Capital -78.1 M
Others -52.3 M
Free Cash Flow 86.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Two Harbors Investment Corp.
image
TWO-PA has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
4.79% DIVIDEND YIELD
0.508 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.500002.500002.000002.000001.500001.500001.000001.000000.500000.500000.000000.000000.507810.507810.507810.507810.507810.507810.507810.507810.507810.507810.507810.507810.507810.507810.507810.507810.750430.507810.507810.507810.507810.507810.507810.507810.507812.270.507812.030.507812.030.507812.030.507812.030.507812.030.507812.030.507812.030.00201720172018201820192019202020202021202120222022202320232024202420252025
Download SVG
Download PNG
Download CSV
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership Two Harbors Investment Corp.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
8. Profile Summary

Two Harbors Investment Corp. TWO-PA

image
COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 1.13 B
Dividend Yield 4.79%
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); 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.
Contact 601 Carlson Parkway, Minnetonka, MN, 55305 https://www.twoharborsinvestment.com
IPO Date March 10, 2017
Employees 477
Officers Mr. Chris Hurley Chief Technology Officer Ms. Sheila Lichty Vice President & Treasurer Ms. Jillian Halm Chief Accounting Officer Ms. Alecia Hanson Vice President & Chief Administrative Officer Mr. Nicholas Letica Vice President & Chief Investment Officer Ms. Rebecca B. Sandberg J.D. Vice President, Chief Legal Officer, Secretary & Chief Compliance Officer Ms. Margaret Field Karr Head of Investor Relations Mr. William Ross Greenberg Ph.D. President, Chief Executive Officer & Director Mr. William Dellal Vice President & Interim Chief Financial Officer Mr. Robert Rush Vice President & Chief Risk Officer