Real Estate -
REIT - Mortgage - NYSE - US
$ 11.03
-4.42 %
$ 1.15 B
Market Cap
4.65
P/E
1. INTRINSIC VALUE
Balance Sheet
Two Harbors Investment Corp.
| 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 |
| 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 | 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 |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Two Harbors Investment Corp.
| 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 |
Wall Street Analysts Price Targets
Two Harbors Investment Corp.
Wall Street analysts predict an average 1-year price target for TWO of $12.9 , with forecasts ranging from
a
low of
$5 to a high of $15 .
TWO Lowest Price Target
Wall Street Target
5 USD
-54.67%
TWO Average Price Target
Wall Street Target
12.9 USD
17.10%
TWO Highest Price Target
Wall Street Target
15 USD
35.99%
4. DIVIDEND
ANALYSIS
4.79%
DIVIDEND YIELD
0.45 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Two Harbors Investment Corp.
Sold
0-3 MONTHS
190 K USD 5
3-6 MONTHS
912 K USD 7
6-9 MONTHS
118 K USD 1
9-12 MONTHS
426 K USD 5
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
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
seekingalpha.com
- 3 weeks ago
T2 Metals Completes Winter Drill Program at Sherridon Copper-Gold Project, Manitoba and Earns 90%
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce completion of the winter core drilling program at the Sherridon copper-gold project in the Flin Flon-Snow Lake District of west-central Manitoba (Figure 1). A total of 1,120 metres in four holes were completed, utilizing frozen ground to simplify access and reduce impact.
newsfilecorp.com
- 3 weeks ago
TWO Announces First Quarter 2025 Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)---- $TWO #dividend--TWO Announces First Quarter 2025 Common and Preferred Stock Dividends.
businesswire.com
- 1 month ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
- 1 month ago
Two Harbors Investment: Preferred Stocks Might Be The Way To Go
Two Harbors Investment Corp. is a troubled mREIT with poor total return performance, high leverage, and recent dividend cuts, making its common stock a risky investment. The company has three preferred stocks, with TWO-A offering the best high-yield allocation due to its superior SOFR spread and calculated net present value higher than the other two. Despite higher current yields, TWO-C is overvalued compared to TWO-A and TWO-B, highlighting frequent mispricing in fixed-to-floating securities.
seekingalpha.com
- 1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
seekingalpha.com
- 1 month ago
T2 Metals Begins 2025 Winter Drill Program at the Sherridon Copper - Gold Project, Manitoba
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce commencement of core drilling at the Sherridon copper-gold project in the Flin Flon - Snow Lake District of west-central Manitoba. The drill program is fully funded and will include holes at the Bob Lake deposit and at new regional target areas.
newsfilecorp.com
- 1 month ago
TWO Announces 2025 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--TWO Announces 2025 Annual Meeting of Stockholders.
businesswire.com
- 1 month ago
T2 Metals Reports High Grade Copper in Drill Results at the Sherridon VMS Project, Manitoba
Includes High Grade Polymetallic Intersection of 6.62 m grading 2.1% Cu, 2.4% Zn, 1.0 g/t Au; 18.5 g/t Ag Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce assay results from the final seven holes from the nine hole Q4 2024 drill program at the Sherridon Volcanogenic Massive Sulphide ("VMS") Project in Manitoba. Significant copper, zinc, gold and silver mineralization was intersected in six of the nine holes, including high copper grades 250 m down plunge from the Lost prospect.
newsfilecorp.com
- 2 months ago
Are Investors Undervaluing Two Harbors Investments Corp (TWO) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 2 months ago
Best Income Stocks to Buy for January 31st
MC, RITM and TWO made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 31, 2024.
zacks.com
- 2 months ago
Two Harbors Investment Corp. (TWO) Q4 2024 Earnings Call Transcript
Two Harbors Investment Corp. (NYSE:TWO ) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Maggie Karr - Head, Investor Relations Bill Greenberg - President & Chief Executive Officer William Dellal - Interim Chief Financial Officer Nick Letica - Chief Investment Officer Conference Call Participants Mikhail Goberman - Citizens JMP Frank Labetti - KBW Jake Katsikas - BTIG Operator Good morning. My name is Maddie, and I will be your conference facilitator.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Two Harbors Investment Corp. TWO
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 1.15 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
Oct. 30, 2009
Employees
477
Officers
Mr. Chris Hurley
Chief Technology Officer
Ms. Jillian Halm
Chief Accounting Officer
Ms. Sheila Lichty
Vice President & Treasurer
Mr. William Ross Greenberg Ph.D.
President, Chief Executive Officer & Director
Ms. Alecia Hanson
Vice President & Chief Administrative Officer
Ms. Margaret Field Karr
Head of Investor Relations