Two Harbors Investment Corp TWO

Morningstar Rating
$12.04 +0.01 (0.08%)
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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.

Price vs Fair Value

TWO is trading at a LOCK|T^Yd premium.
Price
$12.04
Fair Value
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Uncertainty
LOCK|<x
1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

News

Trading Information

Previous Close Price
$12.03
Day Range
$12.0212.04
52-Week Range
$8.7814.17
Bid/Ask
$11.99 / $12.08
Shares Outstanding
105.13M
Market Cap
$1.27B
Volume/Avg
1M / 2M

Key Statistics

Price/Earnings (Normalized)
9.71
Price/Sales
3.44
Dividend Yield (Trailing)
11.30%
Dividend Yield (Forward)
11.30%
Total Yield
11.30%

Company Profile

Two Harbors Investment Corp is a real estate investment trust focused on investing in, financing, and managing residential mortgage-backed securities, residential mortgage loans, mortgage servicing rights, and commercial real estate. The majority of its investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. The company derives revenues mainly from its MSR and Agency RMBS portfolio, including servicing fee income, float income, and interest income, as well as mortgage loan origination activities established to support the MSR portfolio. Its investment portfolio is subject to market risks, mainly interest rate, basis, and prepayment risk. The majority of income is generated by available-for-sale securities.
Sector
Real Estate
Industry
REIT - Mortgage
Stock Style Box
Small Value
Total Number of Employees
486

Valuation

Metric
TWO
Price/Earnings (Normalized)
9.71
Price/Book Value
1.11
Price/Sales
3.44
Price/Cash Flow
11.03
Price/Earnings
TWO

Financial Strength

Metric
TWO
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
TWO
Return on Assets (Normalized)
1.36%
Return on Equity (Normalized)
12.42%
Return on Invested Capital (Normalized)
Return on Assets
TWO

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