Two Harbors Investment/$TWO
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About Two Harbors Investment
Two Harbors Investment Corp is a real estate investment trust focused on investing in, financing, and managing residential mortgage-backed securities, or RMBS; residential mortgage loans; mortgage servicing rights; and commercial real estate. The majority of the company's investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. Two Harbors derives nearly all of its revenue in the form of interest income collected from its investments. The majority of this income is generated by available-for-sale securities, while residential mortgage loans held for investment in securitization trusts also contribute a sizable amount.
Ticker
$TWO
Sector
Primary listing
NYSE
Employees
477
Headquarters
Website
TWO Metrics
BasicAdvanced
$992M
-
-$3.41
1.29
$1.74
16.39%
Price and volume
Market cap
$992M
Beta
1.29
52-week high
$14.28
52-week low
$9.50
Average daily volume
1.8M
Dividend rate
$1.74
Financial strength
Current ratio
0.169
Quick ratio
8.933
Long term debt to equity
539.033
Total debt to equity
539.668
Profitability
Gross margin (TTM)
94.54%
Net profit margin (TTM)
-116.34%
Operating margin (TTM)
-29.11%
Effective tax rate (TTM)
-8.16%
Revenue per employee (TTM)
$540,000
Management effectiveness
Return on assets (TTM)
-2.32%
Return on equity (TTM)
-14.69%
Valuation
Price to revenue (TTM)
3.836
Price to book
0.77
Price to tangible book (TTM)
0.77
Price to free cash flow (TTM)
6.289
Free cash flow yield (TTM)
15.90%
Free cash flow per share (TTM)
1.514
Dividend yield (TTM)
18.28%
Forward dividend yield
16.39%
Growth
Revenue change (TTM)
-49.41%
Earnings per share change (TTM)
-505.75%
3-year revenue growth (CAGR)
12.61%
10-year revenue growth (CAGR)
-10.24%
3-year earnings per share growth (CAGR)
8.58%
10-year earnings per share growth (CAGR)
-10.49%
3-year dividend per share growth (CAGR)
-13.84%
10-year dividend per share growth (CAGR)
-14.49%
What the Analysts think about TWO
Analyst ratings (Buy, Hold, Sell) for Two Harbors Investment stock.
Bulls say / Bears say
The company kept its regular quarterly dividend unchanged at $0.39 per share for Q2 2025, showing its commitment to shareholder returns even amid volatile markets (SEC)
Two Harbors issued $115 million aggregate principal value of 9.375% Senior Notes due 2030, raising $110.8 million in net proceeds to boost liquidity and support portfolio expansion (SEC)
The MSR portfolio posted solid credit performance in Q2 2025, with a weighted average gross coupon of 3.53% and a low 60+ day delinquency rate of 0.82%, supporting steady servicing income (MarketScreener)
Two Harbors recorded a $199.9 million litigation contingency accrual related to ongoing PRCM Advisers LLC litigation, resulting in a comprehensive loss of $221.8 million in Q2 2025 and substantially weakening its financials (SEC)
Book value per common share dropped significantly from $14.66 as of March 31, 2025, to $12.14 at June 30, 2025, marking a (14.5)% quarterly economic return and indicating considerable erosion of equity (SEC)
On May 23, 2025, a federal court denied Two Harbors’ motion for summary judgment and partially granted PRCM's motion, obligating the company to recognize a $198.9 million liability for an improper termination fee and accrued interest, highlighting persistent legal and financial risks (StreetInsider)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.
TWO Financial Performance
Revenues and expenses
TWO Earnings Performance
Company profitability
TWO News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
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FAQs
What’s the current market cap for Two Harbors Investment stock?
Two Harbors Investment (TWO) has a market cap of $992M as of October 18, 2025.
What is the P/E ratio for Two Harbors Investment stock?
The price to earnings (P/E) ratio for Two Harbors Investment (TWO) stock is 0 as of October 18, 2025.
Does Two Harbors Investment stock pay dividends?
Yes, the Two Harbors Investment (TWO) stock pays dividends to shareholders. As of October 18, 2025, the dividend rate is $1.74 and the yield is 16.39%. Two Harbors Investment has a payout ratio of 0% on a trailing twelve-month basis.
When is the next Two Harbors Investment dividend payment date?
The next Two Harbors Investment (TWO) dividend payment is scheduled for October 29, 2025.
What is the beta indicator for Two Harbors Investment?
Two Harbors Investment (TWO) has a beta rating of 1.29. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.