TWO

Two Harbors Investment Corp

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Advanced Chart

11.760

-0.100(-0.840%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

11.920

Open

11.920

VWAP

11.80

Vol

683.59K

Mkt Cap

1.22B

Low

11.740

Amount

8.06M

EV/EBITDA(TTM)

241.62

Total Shares

103.49M

12.19B

EV/OCF(TTM)

37.92

P/S(TTM)

1.64

Two Harbors Investment Corp. is a real estate investment trust (REIT) that invests in mortgage servicing rights (MSR), residential mortgage-backed securities and other financial assets. The Company, through its operational platform, RoundPoint Mortgage Servicing LLC, is a servicer of conventional loans. The Company, through its subsidiary, Matrix Financial Services Corporation, holds the requisite approvals from Fannie Mae and Freddie Mac to own and manage MSR. Its Agency residential mortgage-backed securities portfolio is comprised of fixed rate mortgage-backed securities backed by single-family and multi-family mortgage loans. Its other assets may include financial and mortgage-related assets other than its target assets, including non-Agency securities (securities that are not issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac), other Agency securities and certain non-hedging transactions that may produce non-qualifying income for purposes of REIT gross income tests.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

-18.04M

-48.3%

0.376

+87.95%

-19.87M

-53.02%

0.358

+175.28%

-23.29M

-39.11%

0.350

+105.99%

Estimates Revision

The market is revising Downward the revenue expectations for Two Harbors Investment Corp. (TWO) for FY2025, with the revenue forecasts being adjusted by -25.81% over the past three months. During the same period, the stock price has changed by -8.24%.

Revenue Estimates for FY2025

Revise Downward

-25.81%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-16.34%

In Past 3 Month

Stock Price

Go Down

-8.24%

In Past 3 Month

6 Analyst Rating

13.01% Upside

Wall Street analysts forecast TWO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TWO is 13.29 USD with a low forecast of 10.50 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

4 Hold

0 Sell

Moderate Buy

13.01% Upside

Current: 11.760

Low

10.50

Averages

13.29

High

15.00

13.01% Upside

Current: 11.760

Low

10.50

Averages

13.29

High

15.00

UBS

Douglas Harter

Strong Buy

Maintains

$12 → $13

2025-05-01

Reason

UBS

Douglas Harter

Price Target

$12 → $13

2025-05-01

Maintains

Strong Buy

Reason

UBS raised the firm's price target on Two Harbors to $13 from $12 and keeps a Buy rating on the shares. Two Harbors reported a "better" book value performance, the analyst tells investors in a research note.

Keefe, Bruyette & Woods

Bose George

Hold

Maintains

$13 → $13

2025-04-30

Reason

Keefe, Bruyette & Woods

Bose George

Price Target

$13 → $13

2025-04-30

Maintains

Hold

Reason

Keefe Bruyette analyst Bose George raised the firm's price target on Two Harbors to $13.25 from $12.95 and keeps a Market Perform rating on the shares.

JMP Securities

Trevor Cranston

Buy

Maintains

$14 → $14

2025-04-17

Reason

JMP Securities

Trevor Cranston

Price Target

$14 → $14

2025-04-17

Maintains

Buy

Reason

Citizens JMP lowered the firm's price target on Two Harbors to $13.50 from $14 and keeps an Outperform rating on the shares. The firm is adjusting price targets on several agency-focused mortgage REITs and hybrid/credit mortgage REITs ahead of the residential mortgage REIT Q1 earnings season kicking off before the market open on Monday, April 21.

JP Morgan

Richard Shane

Hold

Maintains

$13 → $11

2025-04-16

Reason

JP Morgan

Richard Shane

Price Target

$13 → $11

2025-04-16

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Bose George

Hold

Maintains

$14 → $13

2025-04-08

Reason

Keefe, Bruyette & Woods

Bose George

Price Target

$14 → $13

2025-04-08

Maintains

Hold

Reason

Keefe Bruyette lowered the firm's price target on Two Harbors to $12.95 from $13.50 and keeps a Market Perform rating on the shares.

RBC Capital

Kenneth Lee

Hold

Maintains

$12 → $13

2025-02-13

Reason

RBC Capital

Kenneth Lee

Price Target

$12 → $13

2025-02-13

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Two Harbors Investment Corp (TWO.N) is 8.19, compared to its 5-year average forward P/E of 7.74. For a more detailed relative valuation and DCF analysis to assess Two Harbors Investment Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

7.74

Current PE

8.19

Overvalued PE

9.24

Undervalued PE

6.25

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

3.59

Current PS

-16.88

Overvalued PS

19.37

Undervalued PS

-12.18