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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Reports Third Quarter 2021 Financial Results

Two Harbors Investment Corp. Reports Third Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2021 Financial Results

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2021 Financial Results

AGNC Investment

ARMOUR Residential REIT

AvalonBay Communities

Camden Property

Essex Property Trust

Invitation Homes

Annaly Capital

In a world where interest rates are historically low, mREIT yields remain quite high.

Equity REIT Or Mortgage REIT? Resist Dividend Temptation

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Third Quarter 2021 Common and Preferred Stock Dividends

Two Harbors Investment Corp. Announces Third Quarter 2021 Common and Preferred Stock Dividends

The RMBS side of the portfolio has had tough spreads in this volatile environment but MSR has performed well The dividend, cut many times, was and should continue to be well-covered by core earnings.

Two Harbors May Have Sizable Upside When Spreads Normalize

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. to Participate in the 2021 Barclays Global Financial Services Conference

Two Harbors Investment Corp. to Participate in the 2021 Barclays Global Financial Services Conference

Arbor Realty Trust

American Fin Tr Inc - Ordinary Shares - Class A

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Apollo Commercial Real Estate Finance

Blackstone Mortgage Trust

Cherry Hill Mortgage

Chimera Investment

Ellington Residential Mortgage REIT

GEO Group

Gaming and Leisure Properties

Iron Mountain

National Retail Properties

New Residential Investment

Omega Healthcare Investors

PennyMac Mortgage Investment

Ready Capital Corp

Redwood Trust

Simon Property Group

Starwood Property

Annaly Capital achieved top FFO ranking, AG mortgage had the top analyst target upside, and The GEO Group top yield out of 350 U.S. REITs per YCharts data 8/17/21. Top-10 net-gainers OHI, GLPI, ABR, SPG, STWD, TWO, RWT, MPW, NNN, and NRZ ranged 14.6%-34.39% 8/17/21. Top-30 US Hi-FFO REITs (priced over $5) by yield represented 6 of 9 REIT Industries.

96 U.S. REITs By FFOps, Yield, And Price Targets, In August

Two Harbors Investment Corp. (TWO) CEO Bill Greenberg on Q2 2021 Results - Earnings Call Transcript

Two Harbors Investments (TWO) delivered earnings and revenue surprises of 0.00% and -38.32%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Two Harbors Investments (TWO) Matches Q2 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Reports Second Quarter 2021 Financial Results

Two Harbors Investment Corp. Reports Second Quarter 2021 Financial Results

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.

Two Harbors Investments (TWO) Reports Next Week: Wall Street Expects Earnings Growth

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Second Quarter 2021 Financial Results

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Second Quarter 2021 Financial Results

Investors expressed their displeasure about a new share issue from the mREIT.

Why Two Harbors Stock Was All Wet Today

Armada Hoffler Properties

American Tower

CatchMark Timber Trust

Farmland Partners

Global Medical REIT

Gladstone Commercial

Healthcare Trust of America

MGM Growth Properties

Medical Properties Trust

Postal Realty Trust

STAG Industrial

UMH Properties

Uniti Group

W. P. Carey

Our High Yield Portfolio Positioned To Grow Dividends At A 10% CAGR For Next 5 Years

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

Two Harbors Investment Corp. Announces the Appointment of William Greenberg as Chief Investment Officer

Tesla

Textron

Nutrien

Oasis Petroleum

Stem, Inc

Tata Motors

XOMA

Stocks were mostly higher in midday Tuesday trading, after both the S&P 500 and the Nasdaq closed at record highs on Monday.

Stem, Tesla, Textron, Two Harbors and More Tuesday Afternoon Analyst Calls

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. To Join S&P SmallCap 600

Two Harbors Investment Corp. to Join S&P SmallCap 600

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Second Quarter 2021 Common and Preferred Stock Dividends

Two Harbors Investment Corp. Announces Second Quarter 2021 Common and Preferred Stock Dividends

Cardtronics

NCR Corporation

NEW YORK, June 16, 2021 /PRNewswire/ -- Two Harbors Investment Corp. (NYSE:TWO) will replace Cardtronics plc (NASD:CATM) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, June 22. S&P MidCap 400 constituent NCR Corp. (NYSE: NCR) is acquiring Cardtronics in a deal expected to be completed soon pending final closing conditions.

Two Harbors Investment Set to Join S&P SmallCap 600

Capstead Mortgage

Dynex Capital

Invesco Mortgage Capital

With the Q1 earnings season behind us, we take a look at the agency-focused mREIT preferreds landscape. This income sector, along with its hybrid counterpart, has been very resilient over this recent period of rising rates, in large part due to its attractive valuation.

Agency Mortgage REIT Preferreds Q1 Update

New York Mortgage Trust

Orchid Island Capital

Western Asset Mortgage Capital

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned real estate companies have outperformed the S&P 500 Index over the past 12 months through June 3.

5 Real Estate Companies Beating the Market

Eagle Point Credit

Realty Income Corp

Billionaire Warren Buffett is warning that inflation is substantial. It's here to stay and it's dangerous.

Buffett Says Inflation Is Substantial: 3 Dividends To Beat It

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Details Pertaining to the 2021 Virtual Annual Meeting of Stockholders

Two Harbors Investment Corp. Announces Details Pertaining to the 2021 Virtual Annual Meeting of Stockholders

After Two Harbors' stock price dropped last week, I bought my first mREIT ever. The overreaction creates a buying opportunity, based on a valuation below book value and a higher yield.

Two Harbors: This mREIT With A 9.5% Yield Is Now A Buy

The real estate investment trust reported earnings for the first quarter of 2021. The company missed expectations on core earnings and book value fell.

Why Shares of Two Harbors Fell Today

News for Two Harbors Investment Stock (TWO)