Two Harbors Investment Corp (TWO) Company Profile & Statistics

Two Harbors Investment Corp
TWO
(NYSE)
Closed
11.74
+0.18 (+1.51%)
in:usd•As of: Nov 22, 2024 15:59 UTC -5
Open
11.61
High
11.79
Low
11.61

About Two Harbors Investment Corp

CEO

William Greenberg

Headquarters

1601 utica avenue south, suite 900

st. louis park, mn 55416, united states

Auditor

Ernst & Young LLP

Employees

466

Share Holders

492

Website

www.twoharborsinvestment.com

Industry

real estate investment trusts

Sector

finance

Company Overview

Two Harbors Investment Corp is a Real Estate Investment Trust that focuses on investing in, financing and managing residential mortgage-backed securities and mortgage loans. Its objective is to provide risk-adjusted returns to investors through dividends and capital appreciation. Two Harbors intends to acquire and manage a portfolio of mortgage-backed securities, focusing on security selection and the relative value of various sectors within the mortgage market. As an investment strategy, the company expects to deploy moderate borrowings through, with respect to Agency RMBS, short-term borrowings structured as repurchase agreements and, with respect to non-Agency RMBS and residential mortgage loans, private funding sources. It may also finance portions of its portfolio through non-recourse term borrowing facilities and equity financing under the Legacy Loan Program and Term Asset-Backed Securities Lending Facility (TALF), if such financing becomes available.

Two Harbors Investment Corp Statistics

Valuation Measures

Market Capitalization ²	1.22B
Enterprise Value	10.63B
Enterprise Value/EBITDA (ttm)	36.86
Price to Earnings Ratio (ttm)	48.17
Price to Book (mrq)	0.76
Price to Sales (ttm)	2.56
Price to Cash (ytd)	16.62

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	15.17%
Profit Margin (ttm)	-95.74%
Return on Equity (ttm)	4.45%
Return on Invested Capital (ttm)	-11.58%
Return on Assets (ttm)	0.55%

Income Statement

Revenue (ttm)	468.78M
Revenue Per Share (ttm)	4.52
Gross Profit (ttm)	0.00
EBITDA (ttm)³	288.30M
Net Income Avi to Common (ttm)	-457.06M
Diluted EPS (ttm)	-4.82

Share Statistics

Beta (5Y Monthly)	1.87
52-Week Change	-3.30%
S&P500 52-Week Change	30.93%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	103.65M
Dividend Yield	15.57%
Float ⁴	103.02M
% Held by Insiders	0.61%
% Held by Institutions	64.19%

Balance Sheet

Total Cash (mrq)	611.71M
Total Cash Per Share (mrq)	5.90
Total Debt (mrq)	10.02B
Total Debt/Equity (mrq)	461.99%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	1.07%
Book Value Per Share (mrq)	20.93

Cash Flow

Operating Cash Flow Per Share (ytd)	2.14
Free Cash Flow (ytd)	222.06M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Two Harbors Investment Corp

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