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Buy Day today: Neutral (53) Mixed market breadth · no major macro event

Two Harbors Investments Corp (TWO)

Real Estate REIT - Mortgage
12.10 $
-0.2% vs. previous close
Closing price · As of: 31. Jul 2026
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Trading Day

Previous Close
12.10$
Open
12.10$
Day High
12.10$
Day Low
12.10$
Volume
9,112,987shares

Key levels of the most recently completed trading day — not a live quote.

52-Week Range

52-Week Low 52-Week High
8.90 $ 14.10 $
03/16/2026 01/16/2026

Current price 12.10 $ — 62% of the range above the low.

Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.

Basics

Market Cap
1.3$B
Shares Outstanding
105Mio.
Float
99.0%
Beta
1.0

Performance

Perf. 1M
0.20%
Perf. 3M
14.00%
Perf. 6M
19.20%
YTD Performance (%)
25.00%
52-Week-High Distance
-12.6%
Perf. 1Y
40.57%
Perf. 3Y
35.26%
Perf. 5Y
-6.14%
Perf. 10Y
-27.48%
Perf. Since Inception
81.25%

Technical Indicators

MA 38 Days
12.20$
MA 50 Days
12.30$
MA 200 Days
11.20$
RSI (14)
41.8
Volatility 30 Days
4.6%
Volatility 250 Days
39.7%

Calculated from the price history · as of 08/03/2026

Valuation

P/E
Forward P/E
10.7
PEG
2.8
P/B
1.2
P/S
1.7
EV/EBITDA
0.0
Price/FCF

Profitability

Gross Margin
98.1%
EBIT Margin
Net Margin
-3.4%
Return on Equity
-17.7%
Return on Assets
-0.2%

Balance Sheet & Safety

Equity Ratio
Debt/Equity
4.8
Altman Z″
-2.52
very solid
Piotroski
8 out of 9

Growth

Sales Growth Last Quarter
0.00%
EPS Growth Last Quarter
-76.30%
Sales Growth (Year)
-28.40%
Forward Sales Growth
102.47%
Forward EPS Growth
-8.90%

Dividend

Dividend Yield
11.25%
Dividend Per Share (TTM)
1.36$
Payout Ratio
143.2%
Years Without a Cut
0Years
Increase Streak
0Years

Quality & Screener

Stage
2
RS Rating
66
EPS Rating
7
very solid
Piotroski
8 out of 9
Fundamental Rating
D (44 out of 100)
Altman Z″
-2.52

AI Rating

Not yet rated — we only show a category once an SEC-backed file with at least two cited passages is available. How the Rating Is Built

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Analysts & Price Target

Current Price 12.10 $
Price Target (average) 11.91 $

The price target sits 1.6% below the current price.

Consensus
Sell
Analyst Ratings
10
Distribution of Recommendations
Strong Buy 3
Buy 2
Hold 5
Sell 0
Strong Sell 0

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
12/31/2026 1.20 1.02 – 1.38 -22 5.1% 6
12/31/2027 1.18 0.80 – 1.40 1 -1.7% 4

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

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The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 219.4 $M Q4 2025: Q1 · 212.0 $M Q1 2025: Q2 · 119.4 $M Q2 2025: Q3 · 247.6 $M Q3 2025: Q4 · 179.4 $M Q4 2026: Q1 · 218.8 $M Q1

Source: fundamental data

Compare with other stocks →

Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 2.48 219 793.60 126.10 -21 -49
2025: Q1 -0.76 -142.20 212 -27.40 -37.30 112 110
2025: Q2 -2.49 -559.10 119 -42.80 -217.00 99 8
2025: Q3 -1.23 248 95.70 -51.70 -239 -248
2025: Q4 -0.01 -100.40 179 -18.30 6.50 117 115
2026: Q1 0.30 219 3.20 14.80 57 56
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Annual Figures

Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 499 335 353 8.12 240 3,401 20,112
2017 839 649 349 7.41 607 3,571 24,789
2018 186 517 -44 -0.86 703 4,254 30,132
2019 428 310 324 4.84 1,057 4,970 35,922
2020 -1,562 -1,666 -1,630 -23.83 632 3,089 19,516
2021 255 191 187 2.51 424 2,744 12,114
2022 13 583 220 2.29 623 2,184 13,466
2023 -557 -129 -152 -1.59 344 2,203 13,139
2024 846 951 298 2.64 201 2,123 12,204
2025 606 416 -454 -4.36 89 1,788 10,859

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

About the Company

Two Harbors Investment Corp. investiert in, finanziert und verwaltet Hypotheken-Servicingrechte (MSRs), Agency-Wohnimmobilien-Hypothekenpapiere (RMBS) und andere Finanzanlagen über RoundPoint in den USA.

Employees486
HeadquartersSaint Louis Park, MN
Address1601 Utica Avenue South, 55416 Saint Louis Park, United States
Phone612 453 4100
Websitetwoinv.com
IPO Date29. Oct 2009
ISINUS90187B8046
Stock Split1:4 on 11/02/2022

Management

Management
Name Title Birth Year
William Ross Greenberg Ph.D. President & CEO 1969
William Dellal VP & CFO 1951
Nicholas Letica VP & Chief Investment Officer 1963
Rebecca B. Sandberg J.D. VP, Chief Legal Officer, Secretary & Chief Compliance Officer 1972
Robert Rush VP & Chief Risk Officer 1968
Jillian Halm Chief Accounting Officer 1986
Chris Hurley Chief Technology Officer
Alecia Hanson VP & Chief Administrative Officer 1981
Margaret Field Karr Head of Investor Relations
Sheila Lichty VP & Treasurer

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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