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Two Harbors (TWO)
NYSE:TWO
TWO Stock Chart & Stats
$11.94
-$0.14(-1.22%)
At close: 4:00 PM EST
$11.94
-$0.14(-1.22%)
Day’s Range― - ―
52-Week Range$9.30 - $14.28
Previous CloseN/A
Volume290.06K
Average Volume (3M)3.12M
Market Cap
$1.25B
Enterprise Value$576.55M
Total Cash (Recent Filing)$770.76M
Total Debt (Recent Filing)$8.43B
Price to Earnings (P/E)―
Beta0.75
Next Earnings
May 04, 2026EPS Estimate
0.31Next Dividend Ex-DateN/A
Dividend Yield14.29%
Share Statistics
EPS (TTM)0.26
Shares Outstanding104,806,310
10 Day Avg. Volume2,979,760
30 Day Avg. Volume3,122,051
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.58
Price to Sales (P/S)1.45
P/FCF Ratio14.10
Enterprise Value/Market Cap0.46
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit1.01
Enterprise Value/Ebitda0.78
Forecast
1Y Price Target
$12.17Price Target Upside1.93% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Acquisition Partner CredibilityThe proposed all‑stock acquisition by the leading U.S. mortgage lender brings a credible buyer and could strengthen the company's market position under new ownership.
Capital PositionBook value per share remained stable as comprehensive income covered the quarterly dividend, supporting capital stability and reducing payout risk.
Deal Closing CertaintyThe transaction is expected to close in 2Q26 following unanimous board approvals and required shareholder consent, providing greater near‑term clarity for the company.
Bears Say
Dividend SustainabilityManagement's preferred payout metric suggests the current dividend may be above sustainable levels, increasing the risk of a dividend reduction before the acquisition closes.
Legal-related Earnings HitA significant GAAP loss tied to litigation with the former investment manager weakened reported results and likely contributed to the decision to accept an acquisition offer.
Limited Acquisition UpsideThe indicated takeover consideration offers only modest upside for current shareholders, supporting analyst downgrades and limiting near‑term share appreciation potential.
Two Harbors News
TWO FAQ
What was Two Harbors’s price range in the past 12 months?
Two Harbors lowest stock price was $9.30 and its highest was $14.28 in the past 12 months.
What is Two Harbors’s market cap?
Two Harbors’s market cap is $1.25B.
When is Two Harbors’s upcoming earnings report date?
Two Harbors’s upcoming earnings report date is May 04, 2026 which is in 86 days.
How were Two Harbors’s earnings last quarter?
Two Harbors released its earnings results on Feb 02, 2026. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.371 by -$0.111.
Is Two Harbors overvalued?
According to Wall Street analysts Two Harbors’s price is currently Undervalued.
Does Two Harbors pay dividends?
Two Harbors pays a Quarterly dividend of $0.34 which represents an annual dividend yield of 14.29%. See more information on Two Harbors dividends here
What is Two Harbors’s EPS estimate?
Two Harbors’s EPS estimate is 0.31.
How many shares outstanding does Two Harbors have?
Two Harbors has 104,806,310 shares outstanding.
What happened to Two Harbors’s price movement after its last earnings report?
Two Harbors reported an EPS of $0.26 in its last earnings report, missing expectations of $0.371. Following the earnings report the stock price went down -0.338%.
Which hedge fund is a major shareholder of Two Harbors?
Currently, no hedge funds are holding shares in TWO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Two Harbors Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$12.17 (1.93% Upside)
$12.17 (1.93% Upside)
Blogger Sentiment
Bullish
TWO Sentiment 66%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 66.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
News Sentiment
Neutral
Bullish news 57%
Bearish news 43%
Bearish news 43%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.74%
12-Months-Change
Fundamentals
Return on Equity
-23.24%
Trailing 12-Months
Asset Growth
-11.02%
Trailing 12-Months
Company Description
Two Harbors
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.
TWO Company Deck
TWO Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced view: near-term and tactical performance highlights (Q4 economic return +3.9%, book value uptick, strong Q4 RMBS performance, record DTC funding and improved liquidity including repayment of convertible notes) and a transformational strategic benefit from the announced merger with UWM (doubling MSR scale). Offsetting these positives were material challenges including a full-year 2025 economic return of -12.6 before an adjustment for a litigation charge, active MSR sales that reduced owned servicing, reduced net interest/servicing income and mark-to-market headwinds, tighter RMBS spreads that materially lower upside to book value and modestly higher prepayment and spread sensitivity. Management’s tone was constructive about the merger and defensive on portfolio positioning, but uncertainty around spreads, volatility, and near-term dividend decisions tempers the overall outlook.View all TWO earnings summariesTWO Stock 12 Month Forecast
Average Price Target
$12.17
▲(1.93% Upside)
Technical Analysis
Chimera Investment
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MFA Financial
―
PennyMac Mortgage
―
Orchid Island Capital
―
Franklin BSP Realty Trust
―
Ownership Overview
1.82% Insiders
19.27% Mutual Funds
0.02% Other Institutional Investors
49.79% Public Companies and Individual Investors