Two Harbors Investment (TWO) to Release Earnings on Monday

Two Harbors Investment (NYSE:TWO - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.28 per share and revenue of ($28.53) million for the quarter.

Two Harbors Investment (NYSE:TWO - Get Free Report) last issued its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.07). Two Harbors Investment had a return on equity of 6.52% and a net margin of 66.24%.

Two Harbors Investment Stock Up 0.7 %

Shares of NYSE:TWO traded up $0.08 during trading hours on Wednesday, hitting $11.38. The company's stock had a trading volume of 1,422,836 shares, compared to its average volume of 1,190,922. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 5.39 and a beta of 1.36. Two Harbors Investment has a 52 week low of $10.16 and a 52 week high of $14.28. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.09 and a quick ratio of 1.07. The firm's fifty day moving average price is $12.83 and its 200 day moving average price is $12.33.

Two Harbors Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Friday, April 4th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 15.82%. Two Harbors Investment's dividend payout ratio is presently 85.31%.

Wall Street Analysts Forecast Growth

TWO has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Two Harbors Investment from $12.50 to $10.50 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. StockNews.com raised Two Harbors Investment from a "sell" rating to a "hold" rating in a report on Wednesday, February 5th. Keefe, Bruyette & Woods cut their price target on Two Harbors Investment from $13.50 to $12.95 and set a "market perform" rating on the stock in a research report on Tuesday, April 8th. JMP Securities cut their target price on shares of Two Harbors Investment from $14.00 to $13.50 and set a "market outperform" rating for the company in a report on Thursday, April 17th. Finally, Royal Bank of Canada lifted their price target on Two Harbors Investment from $12.00 to $13.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $13.46.

Insider Buying and Selling

In other Two Harbors Investment news, insider Rebecca B. Sandberg sold 2,561 shares of Two Harbors Investment stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $12.96, for a total transaction of $33,190.56. Following the transaction, the insider now directly owns 146,803 shares of the company's stock, valued at $1,902,566.88. The trade was a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.61% of the stock is owned by company insiders.

About Two Harbors Investment

Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions.