Two Harbors Investment Corp
General ticker "TWO" information:
- Sector: Financials
- Industry: Mortgage Real Estate Investment Trusts (REITs)
- Capitalization: $1.2B
Two Harbors Investment Corp follows the US Stock Market performance with the rate: 3.7%.
Estimated limits based on current volatility of 1.5%: low 11.52$, high 11.87$
Factors to consider:
- Company pays dividends: last record date 2024-10-01, amount 0.45$ (Y15.36%)
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [10.24$, 16.64$]
- 2024-12-30 to 2025-12-30 estimated range: [12.52$, 19.19$]
Financial Metrics affecting the TWO estimates:
- Negative: Non-GAAP EPS, $ of -0.07 <= 0.10
- Positive: Operating cash flow per share per price, % of 25.66 > 12.76
- Negative: negative Net income
- Positive: Operating profit margin, % of 42.29 > 19.51
- Positive: Industry inventory ratio change (median), % of -0.13 <= 0
- Positive: -3.48 < Investing cash flow per share, $ of -2.05
- Positive: Industry operating profit margin (median), % of 23.51 > 11.86
Short-term TWO quotes
Long-term TWO plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $255.22MM | $759.69MM | $257.08MM |
| Operating Expenses | $63.80MM | $435.24MM | $148.35MM |
| Operating Income | $191.42MM | $324.45MM | $108.72MM |
| Non-Operating Income | $0.00MM | $0.00MM | $-192.12MM |
| Interest Expense | $89.17MM | $258.39MM | $643.23MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $191.42MM | $324.45MM | $-83.39MM |
| Taxes | $4.19MM | $104.21MM | $22.98MM |
| Profit(Loss) | $187.23MM | $220.24MM | $-106.37MM |
| Stockholders Equity | $2,743.95MM | $2,183.53MM | $2,203.39MM |
| Inventory | $1,348.57MM | $1,162.52MM | $0.00MM |
| Assets | $12,114.31MM | $13,466.16MM | $13,138.80MM |
| Operating Cash Flow | $423.51MM | $623.40MM | $343.51MM |
| Capital expenditure | $742.15MM | $629.81MM | $0.00MM |
| Investing Cash Flow | $6,313.94MM | $-2,751.28MM | $-195.78MM |
| Financing Cash Flow | $-7,295.21MM | $1,165.71MM | $-479.40MM |
| Earnings Per Share* | $2.52 | $2.17 | $-1.60 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.