1.51%
7.78%
10.87%
-5.35%
2.33%
-44.57%
-79.11%
AI Spotlight on TWO
Company Description
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.
Market Data
| Last Price | 12.75 |
| Change Percentage | 1.51% |
| Open | 12.64 |
| Previous Close | 12.56 |
| Market Cap ( Millions) | 1322 |
| Volume | 1837691 |
| Year High | 14.27 |
| Year Low | 10.84 |
| M A 50 | 11.72 |
| M A 200 | 12.73 |
Financial Ratios
| FCF Yield | 17.72% |
| Dividend Yield | 14.12% |
| ROE | 13.13% |
| Debt / Equity | 12.26% |
| Net Debt / EBIDTA | -72.88% |
| Price To Book | 0.62 |
| Price Earnings Ratio | 4.61 |
| Price To FCF | 5.64 |
| Price To sales | 12.77 |
| EV / EBITDA | 3.21 |
News
- Jan -31 - Best Income Stocks to Buy for January 31st
- Jan -30 - Two Harbors Investment Corp. (TWO) Q4 2024 Earnings Call Transcript
- Jan -30 - Two Harbors Investments (TWO) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Jan -24 - Housing Gridlock Fuels 10% Yielding Two Harbors Preferreds
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -15 - TWO Announces Earnings Release and Conference Call for Fourth Quarter 2024 Financial Results
- Jan -14 - T2 Metals Begins Downhole EM at Sherridon Copper-Gold Project, Manitoba
- Jan -13 - Best Income Stocks to Buy for January 13th
- Jan -08 - 3 mREIT Stocks Worth Investing Despite Rising Mortgage Rates
- Dec -18 - TWO Announces Fourth Quarter 2024 Common and Preferred Stock Dividends
- Dec -18 - T2 Metals Reports First Two of Nine Holes from Second Drill Program at the Sherridon VMS Project, Manitoba
- Dec -13 - Huge Yields, Brief Notes
- Dec -11 - T2 Metals Announces High Grade Rock Chip Copper Results from Copper Eagle Project, Nevada
- Nov -21 - T2 Metals Announces Closing of $527,000 Flow Through Private Placement to Fund 2025 Drilling at Sherridon
- Nov -19 - Two Harbors Plunges 10.9% in a Month: Should You Buy the Dip?
- Nov -13 - T2 Metals Receives Drill Permit Valid Until July 2027 for the Sherridon Copper-Gold-Zinc Project, Manitoba
- Nov -01 - T2 Metals Files NI43-101 Technical Report for Sherridon Copper-Zinc-Gold Project, Manitoba
- Oct -31 - Down -9.4% in 4 Weeks, Here's Why Two Harbors Investments (TWO) Looks Ripe for a Turnaround
- Oct -30 - These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Real Estate Investment Trust
Expected Growth : 7.03 %
What the company do ?
Two Harbors Investment Corp. is a Real Estate Investment Trust (REIT) that invests in and manages a portfolio of mortgage-backed securities and other financial assets.
Why we expect these perspectives ?
Two Harbors Investment Corp.'s 7.03% growth is driven by its diversified portfolio of mortgage-backed securities, strategic acquisitions, and effective risk management. The REIT's ability to capitalize on interest rate fluctuations, coupled with its strong balance sheet and access to capital, has enabled it to navigate the current market environment and deliver consistent returns to shareholders.
Two Harbors Investment Corp. Products
| Product Range | What is it ? |
|---|---|
| Mortgage-backed Securities | Two Harbors Investment Corp. invests in mortgage-backed securities, which are debt obligations that represent an interest in, and are collateralized by, mortgage loans. |
| Agency Residential Mortgage-backed Securities | These securities are guaranteed by government-sponsored entities such as Fannie Mae and Freddie Mac, and are backed by residential mortgage loans. |
| Non-Agency Residential Mortgage-backed Securities | These securities are not guaranteed by government-sponsored entities and are backed by residential mortgage loans. |
| Commercial Mortgage-backed Securities | These securities are backed by commercial mortgage loans and represent an interest in a pool of commercial mortgages. |
| Other Mortgage-related Assets | Includes other mortgage-related assets such as mortgage servicing rights, mortgage loans, and other mortgage-related investments. |
Two Harbors Investment Corp.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Two Harbors Investment Corp. is medium, as there are alternative investment options available to investors, but the company's diversified portfolio and strong financial performance make it an attractive option.
Bargaining Power Of Customers
The bargaining power of customers is low, as individual investors have limited negotiating power, and the company's investment products are designed to cater to a wide range of investors.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium, as the company relies on a diverse range of suppliers for its investment products, but has some negotiating power due to its scale and reputation.
Threat Of New Entrants
The threat of new entrants is high, as the investment industry is highly competitive, and new companies can easily enter the market, posing a threat to Two Harbors Investment Corp.'s market share.
Intensity Of Rivalry
The intensity of rivalry is high, as the investment industry is highly competitive, and companies like Two Harbors Investment Corp. must constantly innovate and improve their products to stay ahead of the competition.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 46.21% |
| Debt Cost | 13.12% |
| Equity Weight | 53.79% |
| Equity Cost | 13.12% |
| WACC | 13.12% |
| Leverage | 85.91% |
Two Harbors Investment Corp. : Quality Control
Two Harbors Investment Corp. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| EARN | Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including … |
| RC | Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small … |
| CHMI | Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS … |
| ACR | ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments … |
| RWT | Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Ellington Residential Mortgage REIT
A-Score
1-Year Total Return ->
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Two Harbors Investment
A-Score
1-Year Total Return ->
🥉
Ready Capital
A-Score
1-Year Total Return ->
4
Redwood Trust
A-Score
1-Year Total Return ->
5
Cherry Hill Mortgage
A-Score
1-Year Total Return ->
6
