Two Harbors Investment

Two Harbors Investment Corp. is a real estate investment trust, which invests in, finances, and manages agency residential mortgage-backed securities, mortgage servicing rights, and other financial assets. Its objective is to provide risk-adjusted returns to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation. The company was founded on May 21, 2009 and is headquartered in St. Louis Park, MN.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Two Harbors reports solid Q4 performance, eyes MSR strategy growth

Two Harbors demonstrated strong financial performance in Q4 2022 with robust returns and stable metrics.
The company is strategically positioned for 2023, focusing on RMBS and MSR strategies amidst market challenges.
Opportunities lie in potential MSR purchases, slower prepayment speeds, and managing liquidity effectively.
Addressing challenges like market volatility and loan recapture restrictions is crucial for sustained growth.

Two Harbors Investment navigates market challenges, eyes spread tightening

Two Harbors Investment's Q1 2023 earnings call highlighted a mixed performance with a focus on managing interest rate volatility and optimizing portfolio returns. The company faces challenges from market uncertainties and excess supply in mortgage-backed securities but sees opportunities in potential spread tightening and strategic dividend policy decisions.

Two Harbors reports resilient Q2 performance amidst market challenges

Two Harbors reported solid financial performance with a focus on generating positive returns in a challenging market environment. The company's strengths lie in its strategic investments in RMBS and MSR assets, as well as the progress of the RoundPoint acquisition. Challenges include managing tail risks and addressing investor concerns about spreads and leverage positioning. Opportunities for growth exist in subservicing and informative investor engagement through video content.

Two Harbors reports Q3 loss, acquires RoundPoint for growth

Two Harbors Investment Corp. faced challenges from market conditions but strategically acquired RoundPoint Mortgage Servicing for growth.
Effective hedging strategies and focus on capital allocation demonstrate proactive risk management and investment optimization.
Opportunities exist in leveraging the RoundPoint acquisition, exploring structured finance markets, and enhancing portfolio performance.

Two Harbors Investment Corp reports positive Q4 performance and growth opportunities

Two Harbors Investment Corp navigated market challenges with a focus on strategic acquisitions and revenue optimization.
Executives addressed key inquiries on performance drivers, recapture strategies, and portfolio management.
The company's proactive approach to market dynamics positions it for growth and stability in the upcoming quarters.

Two Harbors Investment (TWO) reports strong Q1 performance and MSR market activity

Two Harbors Investment (TWO) delivered a solid performance in Q1 2024, driven by positive economic returns and strong RMBS performance. Despite challenges from higher interest rates, the company's operations and portfolio management remained robust. Opportunities exist in the active MSR market and potential market volatility.

Two Harbors maintains stable performance amidst market volatility and transitions

Two Harbors' Q2 2024 performance remained stable with a focus on risk management and operational efficiency.
Despite market volatility, the company showcased resilience in its MSR portfolio and financial results.
Challenges include market uncertainty and leadership transition, while opportunities exist in growth strategies and optimizing returns.
Investors can consider Two Harbors for its consistent performance, strategic initiatives, and potential for returns in a dynamic market.

Two Harbors Investment rebrands to focus on MSR strategy

Two Harbors Investment (TWO) showcased a solid performance with a focus on MSR as a core investment strategy, aiming for attractive returns.
Despite challenges from market volatility and interest rate shifts, TWO's leadership team demonstrated a strong understanding of the company's strategy.
The company's acquisition of RoundPoint and emphasis on cost savings and improving MSR asset economics position TWO for future growth.
Analysts raised questions about key metrics, indicating areas for TWO to address for sustained performance and shareholder value.

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Two Harbors Investment Corp. is a real estate investment trust, which invests in finances, and manages agency residential mortgage-backed securities, mortgage servicing rights, and other financial assets. Its objective is to provide risk-adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. The company was founded on May 21, 2009 and is headquartered in St. Louis Park, MN.

This has been a rough year for mortgage REITs.

Why Is Two Harbors' Dividend Yield So High?

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Prior to November 30, 2022, readers mentioned 43 equities in their recent comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PACW, PSEC, ALLY, VZ, MFA, MPW, USOI, T, BRMK, & SBLK, averaged 42.66% net gains from data collected 12/6/22.

Readers Reveal 31 Ideal Dividend Dogs From November

The Agency Mortgage REIT area benefits from quasi-U.S. government institutional guarantees for asset safety. Two Harbors Investment Corp. is mostly Agency risk today. When buying Agency REIT risk, there is both the common stock as well as a variety of preferred stocks from which to choose.

Two Harbors: Drop Anchor On The Series C Preferred For Superior Returns

Just like the rest of the mortgage REIT sector, Two Harbors has been buffeted by market volatility this year. In this article, we catch up on the mREIT preferreds sector and why it remains attractive for income investors.

Two Harbors: 10%+ Yielding Preferreds Still Attractive In Mortgage Storm

Is this high-teens dividend yield sustainable?

Two Harbors Investors Should Be Careful With the Dividend

Two Harbors Investment Corp. (NYSE:TWO ) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants Paulina Sims – Senior Director, Investor Relations Bill Greenberg – President and Chief Executive Officer Nick Letica – Chief Investment Officer Mary Riskey – Chief Financial Officer Conference Call Participants Kenneth Lee – RBC Capital Markets Trevor Cranston – JMP Securities Bose George – KBW Doug Harter – Credit Suisse Rick Shane – J.P. Morgan Arren Cyganovich – Citi Eric Hagen – BTIG Operator Good morning.

Two Harbors Investment Corp. (TWO) Q3 2022 Earnings Call Transcript

Two Harbors stock has been crushed, just like the entire mREIT sector. It is not a broken business model; it is a model that does not work when yields are in constant flux and an inverted curve, with spreads crushing book value.

The Horrific Two Harbors Experience Isn't Unique

Two Harbors Investments (TWO) delivered earnings and revenue surprises of -4.69% and 79.08%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Two Harbors Investments (TWO) Q3 Earnings and Revenues Miss Estimates

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Reports Third Quarter 2022 Financial Results

Two Harbors Investment Corp. Reports Third Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Completion of Reverse Stock Split

Two Harbors Investment Corp. Announces Completion of Reverse Stock Split

Two Harbors Investments (TWO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Two Harbors Investments (TWO) Q3 Earnings Expected to Decline

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced preliminary estimated financial results(1) for the quarter ended September 30, 2022.

Two Harbors Investment Corp. Announces Third Quarter 2022 Preliminary Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2022 Financial Results

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2022 Financial Results

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When investing in mortgage real estate investment trusts, one advantage investors should know about is that they typically have higher yields than equity REITs, and should never trade at a premium to their book value more than the dividend yield.

These 2 Mortgage REITs Have Yields Higher Than 15% And Are Trading Below Book Value - AG Mortgage Investment (NYSE:MITT), Two Harbors Investment (NYSE:TWO)

We look at yields up to 8% as we reduce risk but boost income. High yields don't always mean high risk, we look at lower risk preferred securities.

2 High Yield, Lower Risk Preferreds

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Third Quarter 2022 Common and Preferred Stock Dividends and Reverse Stock Split

Two Harbors Investment Corp. Announces Third Quarter 2022 Common and Preferred Stock Dividends and Reverse Stock Split

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NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. to Participate in the 2022 Barclays Global Financial Services Conference

Two Harbors Investment Corp. to Participate in the 2022 Barclays Global Financial Services Conference

Two Harbors stock got crushed this spring but started rebounding with the market. Net interest rate spreads are widening and this is very bullish and the company is expanding its leverage into this environment.

Two Harbors: Things Will Stabilize

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NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces the Appointment of Nicholas Letica as Chief Investment Officer

Two Harbors Investment Corp. Announces the Appointment of Nicholas Letica as Chief Investment Officer

Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?

Two Harbors Investments (TWO) Just Reclaimed the 20-Day Moving Average

Two Harbors Investment Corp. (NYSE:TWO ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Paulina Sims - Head of Investor Relations Bill Greenberg - President, Chief Executive Officer, and Chief Investment Officer Mary Riskey - Chief Financial Officer Conference Call Participants Doug Harter - Credit Suisse Arren Cyganovich - Citi Trevor Cranston - JMP Securities Bose George - KBW Rick Shane - J.P. Morgan Operator Greetings, and welcome to the Two Harbors Investment Corp. Reports Second Quarter 2022 Financial Results Conference Call.

Two Harbors Investment Corp. (TWO) CEO Bill Greenberg on Q2 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Reports Second Quarter 2022 Financial Results

Two Harbors Investment Corp. Reports Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Definitive Agreement to Acquire RoundPoint Mortgage Servicing Corporation

News for Two Harbors Investment Stock (TWO)