Two Harbors (TWO)
NYSE:TWO
TWO Stock Chart & Stats
$11.02
-$0.14(-1.22%)
At close: 4:00 PM EST
$11.02
-$0.14(-1.22%)
Day’s Range― - ―
52-Week Range$8.78 - $14.17
Previous CloseN/A
Volume290.06K
Average Volume (3M)4.42M
Market Cap
$1.16B
Enterprise Value$8.88B
Total Cash (Recent Filing)$7.36B
Total Debt (Recent Filing)$8.56B
Price to Earnings (P/E)23.4
Beta0.60
Next Earnings
May 04, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend Yield14.29%
Share Statistics
EPS (TTM)0.26
Shares Outstanding105,043,190
10 Day Avg. Volume3,474,836
30 Day Avg. Volume4,417,316
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.61
Price to Sales (P/S)1.81
P/FCF Ratio12.30
Enterprise Value/Market Cap7.67
Enterprise Value/Revenue11.71
Enterprise Value/Gross Profit11.59
Enterprise Value/Ebitda195.03
Forecast
1Y Price Target
$12.17Price Target Upside10.44% Upside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)1.16
Revenue Forecast (FY)$20.67M
Bulls Say, Bears Say
Bulls Say
Capital StabilityAnalyst notes comprehensive income exceeded the quarterly dividend, stabilizing book value per share and supporting the firm's capital strength.
Dividend SustainabilityAnalyst expects the company can sustain its quarterly dividend regardless of the deal outcome, providing income stability for shareholders.
Transaction FairnessProposed all-stock acquisition by a large mortgage lender is assessed as fair to shareholders, reducing transaction risk and lowering the likelihood of a contested process.
Bears Say
Conflict Of InterestKeefe, Bruyette & Woods conducting business with companies it covers creates potential conflicts that could undermine report objectivity and investor trust.
Deal Financing And Acquirer RiskUncertainty about competing bidders' committed financing and expectations that the acquirer is unlikely to materially increase a stock-heavy offer raise the risk that a superior proposal will not materialize and weaken confidence in the transaction.
Limited Deal UpsideThe company trading only marginally above an unsolicited all-cash offer and an indicated acquisition consideration with minimal upside imply limited gains for shareholders and reduce incentive for competing bids.
Two Harbors News
TWO FAQ
What was Two Harbors’s price range in the past 12 months?
Two Harbors lowest stock price was $8.78 and its highest was $14.17 in the past 12 months.
What is Two Harbors’s market cap?
Two Harbors’s market cap is $1.16B.
When is Two Harbors’s upcoming earnings report date?
Two Harbors’s upcoming earnings report date is May 04, 2026 which is in 21 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 0.3.
How many shares outstanding does Two Harbors have?
Two Harbors has 105,043,190 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 -0.339%.
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
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10
Analyst Consensus
Hold
Average Price Target:
$12.17 (10.44% Upside)
$12.17 (10.44% Upside)
Blogger Sentiment
Bullish
TWO Sentiment 66%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 8.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.7%
Last 30 Days ▼ 3.8%
Last 30 Days ▼ 3.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.48%
12-Months-Change
Fundamentals
Return on Equity
-23.93%
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
▲(10.44% Upside)
Technical Analysis
Chimera Investment
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MFA Financial
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PennyMac Mortgage
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Orchid Island Capital
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Franklin BSP Realty Trust
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Ownership Overview
1.80% Insiders
17.02% Mutual Funds
6.15% Other Institutional Investors
45.33% Public Companies and Individual Investors