Real Estate -
REIT - Mortgage - NYSE - US
$ 24.4212
-0.322 %
$ 1.23 B
Market Cap
6.69
P/E
1. INTRINSIC VALUE
Balance Sheet
Two Harbors Investment Corp.
| Current Assets | 8.3 B |
| Cash & Short-Term Investments | 7.88 B |
| Receivables | 420 M |
| Other Current Assets | 0 |
| Non-Current Assets | 2.99 B |
| Long-Term Investments | 270 K |
| PP&E | 0 |
| Other Non-Current Assets | 2.99 B |
| 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 |
EFFICIENCY
Earnings Waterfall
Two Harbors Investment Corp.
| Revenue | 1.14 B |
| Cost Of Revenue | 628 M |
| Gross Profit | 511 M |
| Operating Expenses | 166 M |
| Operating Income | 345 M |
| Other Expenses | 47.6 M |
| Net Income | 297 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Two Harbors Investment Corp.
| Net Income | 297 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | -114 M |
| Stock-Based Compensation | 10.9 M |
| Change in Working Capital | -78.1 M |
| Others | -51.3 M |
| Free Cash Flow | 86.9 M |
Wall Street Analysts Price Targets
Two Harbors Investment Corp.
TWO-PC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
3.37%
DIVIDEND YIELD
0.598 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Two Harbors Investment Corp.
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-PC
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 1.23 B
Dividend Yield
3.37%
Description
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. It 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 St. Louis Park, Minnesota.
Contact
1601 Utica Avenue South, Saint Louis Park, MD, 55416
https://www.twoharborsinvestment.com
IPO
Date
Nov. 20, 2017
Employees
477
Officers
Mr. William Dellal
Vice President & Chief Financial 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
Ms. Jillian Halm
Chief Accounting Officer
Mr. Robert Rush
Vice President & Chief Risk Officer
Ms. Alecia Hanson
Vice President & Chief Administrative Officer
Mr. Chris Hurley
Chief Technology Officer
Ms. Sheila Lichty
Vice President & Treasurer