TWO

Two Harbors Investment

12.96 USD
-0.02
0.15%
Updated Oct 22, 10:48 AM EDT
1 day
-0.15%
5 days
-0.69%
1 month
-5.05%
3 months
-6.15%
6 months
5.28%
Year to date
-6.76%
1 year
21.23%
5 years
-76.45%
 

About: Two Harbors Investment Corp is a real estate investment trust primarily focused on investing in, financing, and managing residential mortgage-backed securities, or RMBS; residential mortgage loans; mortgage servicing rights; and commercial real estate. The majority of the company's investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. Two Harbors derives nearly all of its revenue in the form of interest income collected from its investments. Most of this income is generated by available-for-sale securities, while residential mortgage loans held for investment in securitization trusts also contribute a sizable amount.

Employees: 466

0
Funds holding %
of 6,740 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

56% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 25

36% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 56

7% more funds holding

Funds holding: 189 [Q1] → 203 (+14) [Q2]

2% less capital invested

Capital invested by funds: $901M [Q1] → $880M (-$21.1M) [Q2]

1.42% less ownership

Funds ownership: 65.83% [Q1] → 64.4% (-1.42%) [Q2]

73% less call options, than puts

Call options by funds: $3.08M | Put options by funds: $11.3M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$14.50
12%
upside
Avg. target
$15.06
16%
upside
High target
$15.75
22%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
JMP Securities
Trevor Cranston
76% 1-year accuracy
16 / 21 met price target
12%upside
$14.50
Market Outperform
Maintained
17 Oct 2024
Compass Point
Merrill Ross
90% 1-year accuracy
9 / 10 met price target
22%upside
$15.75
Buy
Initiated
3 Oct 2024
JMP Securities
Trevor Cranston
76% 1-year accuracy
16 / 21 met price target
16%upside
$15
Market Outperform
Reiterated
28 Aug 2024
Janney Montgomery Scott
Jason Stewart
58% 1-year accuracy
7 / 12 met price target
16%upside
$15
Buy
Initiated
16 Aug 2024

Financial journalist opinion

Based on 6 articles about TWO published over the past 30 days

Charts implemented using Lightweight Charts™