TWO
Two Harbors Investment Corp
Set alert
12.18 USD +0.13 +1.08%
12.17 Day range 12.19
8.78 52-week range 14.17
- YTD
- +16.00%
- 1 year
- +13.83%
- Open
- 12.18
- Prev close
- 12.05
- Mkt cap
- 1.28B
- Vol
- 19.38M
- Avg vol
- 2.72M
- EPS
- -0.72
- P/E
- 13.54
- Div yield
- 11.17%
More statistics
- Low
- 12.17
- High
- 12.19
- Forward P/E
- 10.34
- Beta
- 1.05
- Short ratio
- 1.71
- Inst. own
- 87.72%
- Dividend
- 1.36
- Ex-div date
- Aug 23, 2026
- Earnings
- Oct 26, 2026
- 50-d avg
- 12.14
- 200-d avg
- 11.40
- 1y target
- 11.91
Key statistics
- Market cap
- 1.28B
- Enterprise value
- 7.65B
- Trailing P/E
- 0.00
- Forward P/E
- 10.34
- PEG ratio
- 2.76
- Price / sales
- 2.00
- Price / book
- 1.12
- EPS (TTM)
- -0.72
- Beta
- 1.05
- Dividend yield
- 11.17%
- Payout ratio
- 75.95%
- Profit margin
- -3.39%
- Revenue (TTM)
- 640.21M
- Revenue growth
- 620.20%
- Free cash flow
- 0
- Total cash
- 849.00M
- Total debt
- 6.62B
- Return on equity
- -1.19%
- Shares outstanding
- 105.13M
- Short % of float
- 5.64%
- 50-day average
- 12.14
- 200-day average
- 11.40
Analyst view
Consensus: none
Price target (mean) 11.91 -2.3% downside
Now 12.18
- Target (low)
- 11.50
- Target (mean)
- 11.91
- Target (high)
- 12.12
Ratings (0m) 8 0 buy · 7 hold · 1 sell
- Strong buy0
- Buy0
- Hold7
- Sell0
- Strong sell1
Next earnings
Oct 26, 2026
Expected Oct 26, 2026. Consensus EPS estimate 0.30353.
Financials — quick view
TWO Revenue — quarterly 125.61M
TWO Net income — quarterly 75.11M
TWO EPS — quarterly 0.47
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 26, 2026 | Sep 30, 2026 | 0.26 | — | — | — |
| Jul 28, 2026 | Jun 30, 2026 | 0.2803 | 0.28 | 0.00 | -0.11% |
| Apr 28, 2026 | Mar 31, 2026 | 0.2596 | 0.34 | +0.08 | +30.97% |
| Feb 2, 2026 | Dec 31, 2025 | 0.30 | 0.26 | -0.04 | -13.33% |
| Oct 27, 2025 | Sep 30, 2025 | 0.3623 | 0.36 | 0.00 | -0.63% |
| Jul 28, 2025 | Jun 30, 2025 | 0.347 | 0.28 | -0.07 | -19.31% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 27, 2026 | RBC Capital | main | Sector Perform | Sector Perform |
| Jul 17, 2026 | JP Morgan | main | Underweight | Underweight |
| Apr 16, 2026 | JP Morgan | down | Neutral | Underweight |
| Mar 27, 2026 | Compass Point | down | Buy | Neutral |
| Feb 4, 2026 | JP Morgan | main | Neutral | Neutral |
| Jan 23, 2026 | UBS | down | Buy | Neutral |
About Two Harbors Investment Corp
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. As of August 25, 2026, Two Harbors Investment Corp. operates as a subsidiary of CrossCountry Mortgage, LLC.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Country
- United States
- Website
- twoinv.com
News
- T2 Metals to Attend the 52nd Annual New Orleans Investment Conference
- A $1.3 Billion Mortgage Deal Went Wrong. Now UWM Wants $500 Million From Two Harbors.
- Five9 To Replace Two Harbors Investment In The S&P SmallCap 600 Effective Prior To The Opening Of Trading On Monday, August 3
- UWM Holdings Issues An Open Letter To The Stockholders Of Two Harbors Investment; Says Co. Remains Committed To The Proposal Sent To The TWO Board On May 11
- UWMC Accuses Two Harbors Board Of Delay Tactics And Urges Shareholders To Reject CrossCountry Mortgage Deal In Favor Of Higher $12.50/Share Offer
- Two Harbors Investment's Board Rejects UWM Holdings' Revised Proposed Acquisition Offer
- UWM Escalates Fight For Two Harbors With Sweeter Bid
- UWM Holdings Increases Offer For Two Harbors Investment To $12.50 Per Share In Cash Or 2.3328 UWMN Shares Per TWO Share
- Two Harbors Investment And CrossCountry Mortgage Announce Increase In Takeover Offer For TWO From $11.30 to $12.00 Per Share In Cash
- TWO Board Rejects UWMC Proposal; Reaffirms Unanimous Support For CrossCountry Transaction
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| DELLAL WILLIAM | Chief Financial Officer | Stock Award(Grant) | Jan 6, 2026 | 83,388 |
| GREENBERG WILLIAM ROSS | Chief Executive Officer | Sale | Dec 18, 2025 | 703,724 |
| HAMMOND KAREN | Director | Stock Award(Grant) | May 13, 2025 | 59,097 |
| HANSON ALECIA | Officer | Stock Award(Grant) | Jan 6, 2026 | 77,967 |
| KASNET STEPHEN GARFIELD | Director | Sale | May 14, 2026 | 105,993 |
| LETICA NICHOLAS | Chief Investment Officer | Stock Award(Grant) | Jan 6, 2026 | 318,234 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 16.22% | 17,057,600 | 207.76M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 5.88% | 6,186,102 | 75.35M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.43% | 4,656,908 | 56.72M | Jun 29, 2026 |
| Sand Grove Capital Management Llp | 4.28% | 4,494,970 | 54.75M | Jun 29, 2026 |
| State Street Corporation | 3.97% | 4,168,926 | 50.78M | Jun 29, 2026 |
| AQR Arbitrage LLC | 2.94% | 3,094,518 | 37.69M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 6.08% | 6,393,708 | 77.88M | Jul 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.19% | 3,358,914 | 40.91M | Mar 30, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.65% | 2,790,659 | 33.99M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.31% | 2,425,455 | 29.54M | Mar 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 1.47% | 1,542,763 | 18.79M | Mar 30, 2026 |
| iShares Trust-iShares Mortgage Real Estate ETF | 1.15% | 1,211,411 | 14.75M | Jun 29, 2026 |