Two Harbors Investment Corp TWO
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Two Harbors Investment Corp. Announces Earnings Release and Conference Call for First Quarter 2024 Financial Results
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Two Harbors Investment Corp. Announces First Quarter 2024 Common and Preferred Stock Dividends
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New York Community Bancorp may attract buyers for mortgage-servicing rights, says KBW
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Two Harbors Investment Corp. Appoints Sanjiv Das as Director
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Two Harbors Investment Corp. to Present at the 2024 RBC Capital Markets Global Financial Institutions Conference
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Two Harbors Investment Corp. Announces 2024 Annual Meeting of Stockholders
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Two Harbors Investment Corp. Announces Retirement of Chief Financial Officer
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Two Harbors Investment Corp. Reports Fourth Quarter 2023 Financial Results
Trading Information
- Previous Close Price
- $12.31
- Day Range
- $12.23–12.60
- 52-Week Range
- $9.83–14.59
- Bid/Ask
- $12.33 / $12.59
- Market Cap
- $1.30 Bil
- Volume/Avg
- 124 / 1.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 41.91
- Price/Sales
- 37.81
- Dividend Yield (Trailing)
- 14.33%
- Dividend Yield (Forward)
- 14.33%
- Total Yield
- 15.13%
Company Profile
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.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Stock Style Box
- Small Value
- Total Number of Employees
- 466
Comparables
Valuation
|
Metric
|
TWO
|
CIM
|
ARR
|
|---|---|---|---|
Price/Earnings (Normalized) | 41.91 | 8.17 | 9.83 |
Price/Book Value | 0.82 | 0.39 | 0.73 |
Price/Sales | 37.81 | 4.75 | — |
Price/Cash Flow | 4.20 | 3.99 | 19.45 |
Price/Earnings
TWO
CIM
ARR
Financial Strength
|
Metric
|
TWO
|
CIM
|
ARR
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
TWO
|
CIM
|
ARR
|
|---|---|---|---|
Return on Assets (Normalized) | 0.08% | 0.98% | −0.58% |
Return on Equity (Normalized) | 0.72% | 5.09% | −5.83% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
TWO
CIM
ARR
REIT - Mortgage Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NLY
| Annaly Capital Management Inc | — | Bnsgyc | $9.0 Bil | |
AGNC
| AGNC Investment Corp | — | Pryxv | $6.6 Bil | |
STWD
| Starwood Property Trust Inc | — | Jvj | $6.2 Bil | |
RITM
| Rithm Capital Corp | — | Xdff | $5.4 Bil | |
BXMT
| Blackstone Mortgage Trust Inc A | — | Qmxs | $3.3 Bil | |
ABR
| Arbor Realty Trust Inc | — | Hwpj | $2.4 Bil | |
ARI
| Apollo Commercial Real Estate Finance Inc | — | Lfnp | $1.6 Bil | |
RC
| Ready Capital Corp | — | Dbx | $1.5 Bil | |
LADR
| Ladder Capital Corp Class A | — | Rtxs | $1.4 Bil |