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Two Harbors Investment Corp   (TWO)
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Price: $12.6800 $-0.09 -0.705%
Day's High: $12.8652 Week Perf: -2.01 %
Day's Low: $ 12.68 30 Day Perf: -1.78 %
Volume (M): 1,184 52 Wk High: $ 14.72
Volume (M$): $ 15,009 52 Wk Avg: $13.17
Open: $12.77 52 Wk Low: $9.83



 Market Capitalization (Millions $) 867
 Shares Outstanding (Millions) 68
 Employees 14
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -106
 Cash Flow (TTM) (Millions $) -332
 Capital Exp. (TTM) (Millions $) 0

Two Harbors Investment Corp
Two Harbors Investment Corp is a real estate investment trust (REIT) based in Minnesota, United States. The company primarily invests in residential mortgage-backed securities (RMBS) and other mortgage-related assets. Two Harbors' investment strategy is focused on generating attractive risk-adjusted returns through disciplined asset selection, hedging, and funding strategies. Here is a more detailed overview of the company:

Investment Portfolio:

Two Harbors' investment portfolio primarily consists of RMBS and mortgage-related assets, with a focus on agency RMBS. The company also invests in non-agency RMBS, prime jumbo loans, and credit-sensitive residential mortgage assets. In addition, it has exposure to commercial real estate debt, servicing rights, and other related assets.

RMBS is a type of mortgage-backed security where pools of mortgages are packaged together and sold to investors. The cash flows from the underlying mortgages are used to pay interest and principal to investors in the RMBS. Agency RMBS are securities that are guaranteed by the US government-sponsored enterprises Fannie Mae, Freddie Mac, and Ginnie Mae. As a result, these securities typically have lower credit risk but come with lower yields.

Non-agency RMBS, on the other hand, are not guaranteed and usually have a higher credit risk. Prime jumbo loans refer to mortgages that are too large to be guaranteed by Fannie Mae or Freddie Mac and are typically made to borrowers with high credit scores.

Operating Model:

Two Harbors generates revenue primarily through the interest income it earns from its mortgage-related assets. The company typically acquires these assets through its wholly-owned subsidiary, Two Harbors Investment Management. The subsidiary's team of experienced investment professionals is responsible for sourcing, analyzing, and acquiring investments for the portfolio.

Two Harbors' investment strategy involves active portfolio management and risk mitigation. The company employs a range of hedging strategies to manage interest rate and credit risk in its portfolio. This includes the use of interest rate swaps, options, and other derivatives. Management also monitors funding costs closely and uses a mix of repo financing and other sources of funding to optimize its cost of capital.

Dividend and Share Price:

Two Harbors typically distributes a portion of its net income to shareholders in the form of dividends. The company has a history of paying consistent and attractive dividends, which has helped to support its share price. As of August 2021, the company's dividend yield was around 8.5%, which is higher than the industry average.

Two Harbors' share price can be influenced by a range of factors, including interest rate movements, changes in the credit market, and shifts in the demand for mortgage-related assets. The company's share price has historically been more volatile than other REITs due to the complexity of its investment strategy and the use of derivatives.

Conclusion:

Two Harbors Investment Corp is a REIT with a focus on investing in residential mortgage-backed securities and other mortgage-related assets. The company's investment strategy involves active portfolio management, hedging, and funding strategies to generate attractive risk-adjusted returns. Two Harbors has a history of paying consistent and attractive dividends, and its share price can be influenced by a range of factors. As with any investment, investors should carefully consider their investment objectives and risk tolerance before investing in Two Harbors or any other security.


   Company Address: 1601 Utica Avenue South, Suite 900 St. Louis Park, 55416 MN
   Company Phone Number: 453-4100   Stock Exchange / Ticker: NYSE TWO
   


   

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Two Harbors Investment Corp

Two Harbors Investment Corp. Faces Deficit Expansion in Fourth Quarter of 2023

Investors in Two Harbors Investment Corp. have been closely monitoring the company's recent financial performance, which has seen a significant decrease in earnings per share and net revenue for the October to December 31, 2023 fiscal quarter. The real estate investment trust reported a shortfall per share of $-4.16 compared to $-1.12 in the previous year, with EPS dropping from $2.81 to $0.00 per share. Despite maintaining revenue at $0.00 million from the prior year, the net loss increased to $-433.200 million.
One key indicator to watch is the company's accounts receivable, which has shown a significant increase. This could be a positive sign for rising demand and future growth potential. Two Harbors Investment Corp also reported a net loss of $-106.37 million and revenue of $175.12 million for the entire 2023 financial year, with EPS at $-1.60 compared to $2.13 in the previous year.

Stock Split

Two Harbors Investment Corp. Ensures Tax Efficiency for Stockholders with Announced Dividend Treatment

Published Wed, Jan 24 2024 9:15 PM UTC



NEW YORK Two Harbors Investment Corp., a real estate investment trust specializing in MSR + Agency RMBS, has released important information regarding the tax treatment of its common stock and preferred stock dividends declared in 2023. This announcement is intended to assist stockholders in meeting their tax reporting requirements, specifically related to the distr...

Two Harbors Investment Corp

Steady Progress Achieved at Two Harbors Investment Corp During Q3 2023 Earnings Season



Two Harbors Investment Corp, a leading investment firm specializing in mortgage-backed securities, recently released its financial results for the July to September 30, 2023 period. Despite a decrease in revenue, the company managed to raise its earnings per share. Additionally, the firm highlighted its improved profit margins and rising demand, as indicated by an increase in accounts receivable. However, Two Harbors' stock performance has been lackluster, reflecting investor concerns.
Financial Results Overview:
1. Revenue Diminished Year-on-Year: Two Harbors witnessed a decrease in revenue from the same period last year, with a decline of 1.968% to $319.41 million. The decrease in revenue can be partly attributed to challenging market conditions.

Two Harbors Investment Corp

The Diminishing Returns have enlarged to $-2.05 at the Two Harbors Investment Corp in January to March 31 2023 time-frame

Two Harbors Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition, financing, and management of residential mortgage-backed securities (RMBS) and other mortgage-related assets. However, in the first quarter of 2023, the company suffered a significant net loss, recording a deficit per stock of $-2.05 per share compared to $0.72 per share in the same quarter of the previous year.
This drop in profits can be attributed to a number of factors, including changes in interest rates, fluctuations in the economy, and changes in market conditions. In addition, the company's financial performance in the prior quarter was not much better, as they recorded a loss of $-1.12 per share, down from $0.00 million the previous quarter. This financial reporting period, January to March 31, 2023, Two Harbors Investment Corp logged a net deficit of $-176.808 million, which was a drastic decrease from the $285.270 million the company earned in the same quarter a year before.






 

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Two Harbors Investment does not provide revenue guidance.

Earnings Outlook
Two Harbors Investment Corp does not provide earnings estimates.

 
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