TWO HARBORS INVESTMENT CORP
TWONYSETrading Snapshot
- Day Range
- $11.94 – $12.23
- 52-Week Range
- $8.78 – $14.17
- Volume
- $3.07B
- Avg Volume
- $3.76B
- Shares Outstanding
- 105.1M
- Next Earnings
- Sep 20, 2026
Fundamentals Snapshot
- Annual Revenue
- $606M
- Last Q Revenue
- $213M
- P/E Ratio
- -16.6
- P/S Ratio
- 1.5x
- EPS (TTM)
- $-0.21
- Dividend Yield
- 11.30%
Why Investors Own TWO
- ✓High-growth profile — revenue up +18.7% YoY with expanding US Equity exposure.
- ✓Healthy economics — 27% gross margin and 11% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About TWO HARBORS INVESTMENT CORP
Two Harbors Investment Corp. (TWO) operates as a Real Estate Investment Trust (REIT) with a strategic focus on the U.S. mortgage market. The firm is actively involved in acquiring, funding, and overseeing a diverse portfolio of financial instruments, primarily residential mortgage-backed securities (RMBS). This portfolio encompasses both agency RMBS – which are often backed by fixed-rate, adjustable-rate, and hybrid adjustable-rate mortgage loans – as well as non-agency securities, mortgage servicing rights (MSRs), and other related financial assets. Being structured as a REIT grants the company specific federal income tax advantages, contingent on distributing a minimum of 90% of its annual taxable earnings to its shareholders. Established in 2009, Two Harbors Investment Corp. maintains its corporate headquarters in Minnetonka, Minnesota.
Otter Score Breakdown
ⓘAnalyst Ratings
ⓘLatest News & Updates
A $1.3 Billion Mortgage Deal Went Wrong. Now UWM Wants $500 Million From Two Harbors.
UWM sues Two Harbors for over $500M after a failed deal led to a $603M hedge-related loss.
Should Mortgage REITs Switch Strategies?
Agency mortgage REITs carry high price-to-book ratios. Other mortgage REITs trade at huge discounts. Read what investors should know currently about REITs.
Five9 To Replace Two Harbors Investment In The S&P SmallCap 600 Effective Prior To The Opening Of Trading On Monday, August 3
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20260729-1484371/1484371_two6.pdf
Two Harbors Inv Q2 Adj. EPS $0.28, Inline, Sales $(6.021M) Beat $(7.097M) Estimate
Two Harbors Inv (NYSE:TWO) reported quarterly earnings of $0.28 per share which met the analyst consensus estimate. This is unchanged from the same period last year. The company reported quarterly sales of $(6.021
RBC Capital Maintains Sector Perform on Two Harbors Investment, Raises Price Target to $12
RBC Capital analyst Kenneth S. Lee maintains Two Harbors Investment (NYSE:TWO) with a Sector Perform and raises the price target from $11 to $12.
9.23% Dividend Yield From Two Harbors Preferred Share; Why Price Matters
Two Harbors Investment Corp. 7% Senior Notes offers a compelling risk/reward profile near current prices, with a risk apt. Read the full analysis here.