Symbols / TWO Stock $11.01 +0.27% Two Harbors Investment Corp.
TWO (Stock) Chart
About
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, comprising non-agency securities and non-hedging transactions. It qualifies as a REIT for federal income tax purposes. The company was incorporated in 2009 and is headquartered in Saint Louis Park, Minnesota.
Fundamentals
Scroll to Statements| Market Cap | 1.16B | Enterprise Value | 9.23B | Income | -508.40M | Sales | 370.01M | Book/sh | 11.32 | Cash/sh | 10.35 |
| Dividend Yield | 12.81% | Payout | 75.95% | Employees | 486 | IPO | — | P/E | — | Forward P/E | 9.36 |
| PEG | 2.76 | P/S | 3.13 | P/B | 0.97 | P/C | — | EV/EBITDA | — | EV/Sales | 24.95 |
| Quick Ratio | 0.20 | Current Ratio | 0.24 | Debt/Eq | 478.85 | LT Debt/Eq | — | EPS (ttm) | -4.88 | EPS next Y | 1.18 |
| EPS Growth | — | Revenue Growth | -49.30% | Earnings | 2026-04-28 | ROA | -3.94% | ROE | -23.23% | ROIC | — |
| Gross Margin | 96.56% | Oper. Margin | 15.68% | Profit Margin | -122.78% | Shs Outstand | 105.05M | Shs Float | 103.92M | Short Float | 9.74% |
| Short Ratio | 1.47 | Short Interest | — | 52W High | 14.17 | 52W Low | 8.78 | Beta | 1.11 | Avg Volume | 3.55M |
| Volume | 1.12M | Target Price | $11.07 | Recom | Hold | Prev Close | $10.98 | Price | $11.01 | Change | 0.27% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$11.08
Mean price target
2. Current target
$11.01
Latest analyst target
3. DCF / Fair value
$11.07
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$11.01
Low
$10.80
High
$11.50
Mean
$11.08
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-04-16 | down | JP Morgan | Neutral → Underweight | $11 |
| 2026-03-27 | down | Compass Point | Buy → Neutral | — |
| 2026-02-04 | main | JP Morgan | Neutral → Neutral | $13 |
| 2026-01-23 | down | UBS | Buy → Neutral | $14 |
| 2025-12-18 | down | Maxim Group | Buy → Hold | — |
| 2025-10-20 | main | JP Morgan | Neutral → Neutral | $10 |
| 2025-09-03 | main | UBS | Buy → Buy | $11 |
| 2025-07-29 | main | Maxim Group | Buy → Buy | $12 |
| 2025-07-10 | main | UBS | Buy → Buy | $12 |
| 2025-07-03 | down | JMP Securities | Market Outperform → Market Perform | — |
| 2025-05-28 | main | RBC Capital | Sector Perform → Sector Perform | $12 |
| 2025-05-01 | main | UBS | Buy → Buy | $13 |
| 2025-04-30 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $13 |
| 2025-04-17 | main | JMP Securities | Market Outperform → Market Outperform | $14 |
| 2025-04-16 | main | JP Morgan | Neutral → Neutral | $11 |
| 2025-04-08 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $13 |
| 2025-02-13 | main | RBC Capital | Sector Perform → Sector Perform | $13 |
| 2025-01-31 | main | JP Morgan | Neutral → Neutral | $13 |
| 2025-01-23 | reit | JMP Securities | Market Outperform → Market Outperform | $14 |
| 2025-01-21 | main | JP Morgan | Neutral → Neutral | $11 |
News
RSS: Latest TWO news- Benchmark reiterates Buy on Take-Two stock, keeps $300 target - Investing.com Wed, 22 Apr 2026 13
- Two (TWO) Trading Range | Two Harbors Investment Corp misses EPS by 30.4% - Senior Analyst Forecasts - Cổng thông tin điện tử Tỉnh Sơn La hu, 23 Apr 2026 03
- Intel Stock Just Got Two Upgrades. The ‘Real’ AI Recovery Is Only Starting. - Barron's ue, 21 Apr 2026 17
- The stock market’s record rally now faces these two big risks - MarketWatch Mon, 20 Apr 2026 18
- Take-Two Stock Is Down 19% From Its Highs. Is Now the Last Cheap Entry Before GTA VI? - TIKR.com Fri, 17 Apr 2026 17
- Asian Penny Stock Highlights With Guangshen Railway And Two Others - Yahoo Finance ue, 21 Apr 2026 23
- Trupanion (NASDAQ:TRUP) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell? - MarketBeat Wed, 22 Apr 2026 07
- CrossCountry To Acquire Two Harbors For $10.80 A Share, Ending UWM Deal - National Mortgage Professional Fri, 27 Mar 2026 07
- $TWO stock is down 13% today. Here's what we see in our data. - Quiver Quantitative Wed, 25 Feb 2026 08
- Inside UWM's failed bid to acquire Two Harbors - HousingWire Wed, 01 Apr 2026 07
- TWO Announces First Quarter 2026 Common and Preferred Stock Dividends - Business Wire hu, 19 Mar 2026 07
- CORRECTED HEADLINE: First Farmers Financial Corp. Announces Two-for-One Stock Split - Yahoo Finance ue, 21 Apr 2026 21
- Take-Two Fell 5% This Week. Here’s Where the Stock Could Go in 2026 - TIKR.com Sun, 29 Mar 2026 07
- $TWO stock is down 12% today. Here's what we see in our data. - Quiver Quantitative Fri, 30 Jan 2026 08
- Take-Two Stock Is Down 25% in 2026. Here’s Why GTA VI Still Dominates the Story - TIKR.com Mon, 30 Mar 2026 07
Insider Transactions
Financials
Statement View
| Line Item | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Total Revenue |
|
115.06
-77.47%
|
510.75
+1506.88%
|
31.79
-92.19%
|
407.18
|
| Operating Revenue |
|
115.06
-77.47%
|
510.75
+1506.88%
|
31.79
-92.19%
|
407.18
|
| Selling General And Administration |
|
95.33
+6.21%
|
89.75
+69.78%
|
52.87
+29.82%
|
40.72
|
| General And Administrative Expense |
|
95.33
+6.21%
|
89.75
+69.78%
|
52.87
+29.82%
|
40.72
|
| Salaries And Wages |
|
95.33
+6.21%
|
89.75
+69.78%
|
52.87
+29.82%
|
40.72
|
| Total Unusual Items |
|
-628.37
-891.30%
|
-63.39
+43.21%
|
-111.62
-126.24%
|
425.38
|
| Total Unusual Items Excluding Goodwill |
|
-628.37
-891.30%
|
-63.39
+43.21%
|
-111.62
-126.24%
|
425.38
|
| Special Income Charges |
|
-386.13
-53980.53%
|
-0.71
|
0.00
+100.00%
|
-18.98
|
| Other Special Charges |
|
386.13
+53980.53%
|
0.71
-97.15%
|
25.06
+32.00%
|
18.98
|
| Restructuring And Mergern Acquisition |
|
—
|
—
|
1.30
|
0.00
|
| Net Income |
|
-454.30
-252.36%
|
298.17
+380.31%
|
-106.37
-148.30%
|
220.24
|
| Pretax Income |
|
-445.43
-229.20%
|
344.75
+513.41%
|
-83.39
-125.70%
|
324.45
|
| Net Interest Income |
|
-68.52
+56.42%
|
-157.25
+3.45%
|
-162.86
-538.45%
|
37.15
|
| Interest Expense |
|
490.94
-19.23%
|
607.81
-5.51%
|
643.23
+148.93%
|
258.39
|
| Interest Income |
|
422.42
-6.24%
|
450.56
-6.20%
|
480.36
+62.54%
|
295.54
|
| Gain On Sale Of Security |
|
-198.09
-398.29%
|
66.41
+122.97%
|
-289.13
+48.84%
|
-565.13
|
| Tax Provision |
|
8.87
-80.96%
|
46.59
+102.74%
|
22.98
-77.95%
|
104.21
|
| Tax Rate For Calcs |
|
0.00
+55.56%
|
0.00
-35.71%
|
0.00
-34.38%
|
0.00
|
| Tax Effect Of Unusual Items |
|
-131.96
-1442.03%
|
-8.56
+63.49%
|
-23.44
-117.22%
|
136.12
|
| Net Income Including Noncontrolling Interests |
|
-454.30
-252.36%
|
298.17
+380.31%
|
-106.37
-148.30%
|
220.24
|
| Net Income From Continuing Operation Net Minority Interest |
|
-454.30
-252.36%
|
298.17
+380.31%
|
-106.37
-148.30%
|
220.24
|
| Net Income From Continuing And Discontinued Operation |
|
-454.30
-252.36%
|
298.17
+380.31%
|
-106.37
-148.30%
|
220.24
|
| Net Income Continuous Operations |
|
-454.30
-252.36%
|
298.17
+380.31%
|
-106.37
-148.30%
|
220.24
|
| Normalized Income |
|
42.11
-88.07%
|
353.00
+2040.49%
|
-18.19
+73.64%
|
-69.02
|
| Net Income Common Stockholders |
|
-508.40
-303.37%
|
249.98
+263.15%
|
-153.22
-182.57%
|
185.58
|
| Otherunder Preferred Stock Dividend |
|
1.31
+24.79%
|
1.05
+159.84%
|
-1.75
+90.75%
|
-18.95
|
| Diluted EPS |
|
-4.88
-305.91%
|
2.37
+248.13%
|
-1.60
-175.12%
|
2.13
|
| Basic EPS |
|
-4.88
-302.49%
|
2.41
+250.62%
|
-1.60
-174.42%
|
2.15
|
| Basic Average Shares |
|
103.91
-0.50%
|
104.43
+9.15%
|
95.67
+11.02%
|
86.18
|
| Diluted Average Shares |
|
103.91
-2.15%
|
106.19
+11.00%
|
95.67
-0.42%
|
96.08
|
| Diluted NI Availto Com Stockholders |
|
-508.40
-289.63%
|
268.11
+274.97%
|
-153.22
-174.76%
|
204.96
|
| Average Dilution Earnings |
|
0.00
-100.00%
|
18.12
|
0.00
-100.00%
|
19.38
|
| Other Non Interest Expense |
|
79.03
+4.63%
|
75.53
+21.21%
|
62.31
+48.35%
|
42.01
|
| Preferred Stock Dividends |
|
52.79
+12.00%
|
47.14
-3.03%
|
48.61
-9.33%
|
53.61
|
| Professional Expense And Contract Services Expense |
|
—
|
—
|
—
|
0.00
|
| Line Item | Trend | 2023-12-31 |
|---|---|---|
| Total Assets |
|
13,138.80
|
| Cash And Cash Equivalents |
|
729.73
|
| Other Short Term Investments |
|
8,327.15
|
| Receivables |
|
358.56
|
| Accounts Receivable |
|
35.34
|
| Other Receivables |
|
323.22
|
| Goodwill And Other Intangible Assets |
|
3,052.02
|
| Other Intangible Assets |
|
3,052.02
|
| Investments And Advances |
|
8,327.15
|
| Total Liabilities Net Minority Interest |
|
10,935.41
|
| Payables And Accrued Expenses |
|
775.24
|
| Payables |
|
775.24
|
| Accounts Payable |
|
141.77
|
| Other Payable |
|
574.74
|
| Dividends Payable |
|
58.73
|
| Current Debt And Capital Lease Obligation |
|
1,329.17
|
| Current Debt |
|
1,329.17
|
| Other Current Borrowings |
|
0.00
|
| Long Term Debt And Capital Lease Obligation |
|
563.85
|
| Long Term Debt |
|
563.85
|
| Stockholders Equity |
|
2,203.39
|
| Common Stock Equity |
|
1,590.18
|
| Capital Stock |
|
614.25
|
| Common Stock |
|
1.03
|
| Preferred Stock |
|
613.21
|
| Share Issued |
|
103.21
|
| Ordinary Shares Number |
|
103.21
|
| Treasury Shares Number |
|
0.00
|
| Additional Paid In Capital |
|
5,925.42
|
| Retained Earnings |
|
-4,159.85
|
| Gains Losses Not Affecting Retained Earnings |
|
-176.43
|
| Other Equity Adjustments |
|
-176.43
|
| Total Equity Gross Minority Interest |
|
2,203.39
|
| Total Capitalization |
|
2,767.24
|
| Invested Capital |
|
3,483.20
|
| Total Debt |
|
1,893.02
|
| Net Debt |
|
1,163.29
|
| Net Tangible Assets |
|
-848.63
|
| Tangible Book Value |
|
-1,461.84
|
| Available For Sale Securities |
|
8,327.06
|
| Cash Cash Equivalents And Federal Funds Sold |
|
1,078.92
|
| Derivative Product Liabilities |
|
21.51
|
| Line Of Credit |
|
1,329.17
|
| Preferred Shares Number |
|
25.36
|
| Preferred Stock Equity |
|
613.21
|
| Line Item | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow |
|
88.92
-55.76%
|
201.00
-41.49%
|
343.51
-44.90%
|
623.40
|
| Cash Flow From Continuing Operating Activities |
|
88.92
-55.76%
|
201.00
-41.49%
|
343.51
-44.90%
|
623.40
|
| Net Income From Continuing Operations |
|
-454.30
-252.36%
|
298.17
+380.31%
|
-106.37
-148.30%
|
220.24
|
| Other Non Cash Items |
|
233.84
+283.05%
|
61.05
-42.66%
|
106.47
+125.02%
|
-425.61
|
| Stock Based Compensation |
|
13.35
+21.97%
|
10.95
-0.27%
|
10.98
-5.62%
|
11.63
|
| Operating Gains Losses |
|
253.36
+332.73%
|
-108.86
-144.08%
|
246.97
-57.67%
|
583.40
|
| Gain Loss On Investment Securities |
|
96.30
+142.09%
|
39.78
-43.59%
|
70.52
-88.27%
|
601.21
|
| Change In Working Capital |
|
22.36
+128.63%
|
-78.12
-235.92%
|
57.47
-62.01%
|
151.27
|
| Change In Receivables |
|
4.10
+104.28%
|
2.01
+195.73%
|
0.68
+106.96%
|
-9.75
|
| Changes In Account Receivables |
|
4.10
+104.28%
|
2.01
+195.73%
|
0.68
+106.96%
|
-9.75
|
| Change In Payables And Accrued Expense |
|
-4.08
+92.69%
|
-55.78
-216.84%
|
47.74
-36.90%
|
75.65
|
| Change In Payable |
|
-4.08
+92.69%
|
-55.78
-216.84%
|
47.74
-36.90%
|
75.65
|
| Change In Account Payable |
|
-4.08
+92.69%
|
-55.78
-216.84%
|
47.74
-36.90%
|
75.65
|
| Change In Other Working Capital |
|
30.63
+152.67%
|
-58.15
-967.31%
|
-5.45
+72.58%
|
-19.87
|
| Investing Cash Flow |
|
911.61
+1.82%
|
895.28
+557.28%
|
-195.78
+92.88%
|
-2,751.28
|
| Cash Flow From Continuing Investing Activities |
|
911.61
+1.82%
|
895.28
+557.28%
|
-195.78
+92.88%
|
-2,751.28
|
| Capital Expenditure |
|
-103.99
+8.88%
|
-114.12
+63.50%
|
-312.64
+50.36%
|
-629.81
|
| Net Investment Purchase And Sale |
|
803.29
-18.18%
|
981.82
+224.30%
|
-789.90
+53.84%
|
-1,711.20
|
| Purchase Of Investment |
|
-9,603.50
-349.81%
|
-2,135.00
+48.26%
|
-4,126.20
+61.56%
|
-10,733.81
|
| Sale Of Investment |
|
10,406.79
+233.89%
|
3,116.82
-6.58%
|
3,336.30
-63.02%
|
9,022.61
|
| Net Business Purchase And Sale |
|
0.00
+100.00%
|
-20.98
-178.27%
|
26.80
|
0.00
|
| Purchase Of Business |
|
0.00
+100.00%
|
-20.98
|
—
|
0.00
|
| Net Intangibles Purchase And Sale |
|
335.09
+7810.33%
|
-4.35
+97.57%
|
-178.70
+51.44%
|
-367.98
|
| Purchase Of Intangibles |
|
-103.99
+8.88%
|
-114.12
+63.50%
|
-312.64
+50.36%
|
-629.81
|
| Net Other Investing Changes |
|
-425.62
-4089.73%
|
10.67
+128.97%
|
-36.82
-114.15%
|
260.16
|
| Financing Cash Flow |
|
-756.22
+29.55%
|
-1,073.47
-123.92%
|
-479.40
-141.12%
|
1,165.71
|
| Cash Flow From Continuing Financing Activities |
|
-756.22
+29.55%
|
-1,073.47
-123.92%
|
-479.40
-141.12%
|
1,165.71
|
| Net Issuance Payments Of Debt |
|
17.16
+102.80%
|
-612.42
-736.60%
|
96.20
-82.64%
|
554.30
|
| Issuance Of Debt |
|
658.41
+267.41%
|
179.21
-55.64%
|
404.00
-43.89%
|
720.00
|
| Repayment Of Debt |
|
-641.25
+19.00%
|
-791.62
-157.19%
|
-307.80
-85.75%
|
-165.70
|
| Long Term Debt Issuance |
|
110.59
|
0.00
|
0.00
-100.00%
|
720.00
|
| Long Term Debt Payments |
|
0.00
+100.00%
|
-305.45
-167.61%
|
-114.14
+31.12%
|
-165.70
|
| Net Long Term Debt Issuance |
|
110.59
+136.20%
|
-305.45
-167.61%
|
-114.14
-120.59%
|
554.30
|
| Short Term Debt Issuance |
|
547.83
+205.70%
|
179.21
-55.64%
|
404.00
|
0.00
|
| Short Term Debt Payments |
|
-641.25
-31.90%
|
-486.17
-151.04%
|
-193.66
|
0.00
|
| Net Short Term Debt Issuance |
|
-93.43
+69.56%
|
-306.97
-245.94%
|
210.34
|
0.00
|
| Net Common Stock Issuance |
|
0.28
+14.34%
|
0.24
-99.91%
|
268.62
+3961.35%
|
6.61
|
| Common Stock Payments |
|
0.00
|
0.00
+100.00%
|
-7.06
|
0.00
|
| Common Stock Dividend Paid |
|
-170.86
+8.96%
|
-187.68
+5.04%
|
-197.64
+16.03%
|
-235.37
|
| Cash Dividends Paid |
|
-222.39
+5.38%
|
-235.05
+4.68%
|
-246.60
+15.07%
|
-290.36
|
| Repurchase Of Capital Stock |
|
0.00
+100.00%
|
-11.10
+49.23%
|
-21.87
+57.45%
|
-51.40
|
| Net Other Financing Charges |
|
-1.75
|
—
|
—
|
—
|
| Changes In Cash |
|
244.31
+971.16%
|
22.81
+106.88%
|
-331.67
+65.53%
|
-962.16
|
| Beginning Cash Position |
|
817.64
+2.87%
|
794.83
-29.44%
|
1,126.51
-46.07%
|
2,088.67
|
| End Cash Position |
|
1,061.95
+29.88%
|
817.64
+2.87%
|
794.83
-29.44%
|
1,126.51
|
| Free Cash Flow |
|
-15.07
-117.34%
|
86.88
+181.42%
|
30.87
+581.77%
|
-6.41
|
| Interest Paid Supplemental Data |
|
487.75
-21.16%
|
618.66
+9.34%
|
565.83
+269.39%
|
153.18
|
| Income Tax Paid Supplemental Data |
|
24.62
+165.99%
|
9.26
+25.41%
|
7.38
|
—
|
| Common Stock Issuance |
|
0.28
+14.34%
|
0.24
-99.91%
|
275.67
+4068.04%
|
6.61
|
| Issuance Of Capital Stock |
|
0.28
+14.34%
|
0.24
-99.91%
|
275.67
+4068.04%
|
6.61
|
| Net Preferred Stock Issuance |
|
0.00
+100.00%
|
-11.10
+25.05%
|
-14.81
+71.18%
|
-51.40
|
| Preferred Stock Dividend Paid |
|
-51.53
-8.80%
|
-47.36
+3.26%
|
-48.96
+10.96%
|
-54.99
|
| Preferred Stock Payments |
|
0.00
+100.00%
|
-11.10
+25.05%
|
-14.81
+71.18%
|
-51.40
|
| Sale Of Business |
|
—
|
—
|
26.80
|
0.00
|
| Sale Of Intangibles |
|
439.08
+299.97%
|
109.78
-18.04%
|
133.94
-48.84%
|
261.83
|
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
- 8-K2026-03-27 View
- 8-K2026-03-23 View
- 8-K2026-03-19 View
- 8-K2026-03-16 View
- 10-K2026-02-17 View
- 8-K2026-02-02 View
- 42026-01-15 View
- 42026-01-12 View
- 42026-01-12 View
- 42026-01-12 View
- 42026-01-09 View
- 42026-01-09 View
- 42026-01-09 View
- 42026-01-09 View
- 42026-01-09 View
- 42026-01-09 View
- 42026-01-09 View
- 42026-01-09 View
- 42025-12-31 View
- 42025-12-22 View
Trades
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|
Posts
| Published | Title | Author | Category |
|---|