Two Harbors Investment Corp.

TWO

US90187B8046

Specialized REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
12.53 ^USD	+1.38%		+3.30%	-10.05%

Mar. 22	JonesTrading Starts Two Harbors Investment With Hold Rating	MT
Mar. 20	Two Harbors Investment Keeps Quarterly Dividend at $0.45 a Share, Payable April 29 to Shareholders of Record April 4	MT

Two Harbors Investment Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

October 30, 2023 at 04:15 pm EDT

Two Harbors Investment Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was USD 306.19 million compared to USD 277.61 million a year ago. Basic earnings per share from continuing operations was USD 3.04 compared to USD 3.04 a year ago. Diluted earnings per share from continuing operations was USD 2.81 compared to USD 2.78 a year ago.
For the nine months, net income was USD 326.83 million compared to USD 490.46 million a year ago. Basic earnings per share from continuing operations was USD 3.06 compared to USD 5.19 a year ago. Diluted earnings per share from continuing operations was USD 2.91 compared to USD 4.8 a year ago.

Latest news about Two Harbors Investment Corp.

JonesTrading Starts Two Harbors Investment With Hold Rating	Mar. 22	MT
Two Harbors Investment Keeps Quarterly Dividend at $0.45 a Share, Payable April 29 to Shareholders of Record April 4	Mar. 20	MT
Two Harbors Investment Corp. Declares Dividend on Common Stock for the First Quarter of 2024, Payable on April 29, 2024	Mar. 20	CI
Two Harbors Investment Corp. Appoints Sanjiv Das as Director	Mar. 04	CI
Two Harbors Investment Says CFO Mary Riskey Plans to Retire	Feb. 06	MT
Two Harbors Investment Corp. Announces Retirement of Mary Riskey as Chief Financial Officer	Feb. 05	CI
Transcript : Two Harbors Investment Corp., Q4 2023 Earnings Call, Jan 30, 2024	Jan. 30
Two Harbors Investment Q4 Adjusted Earnings, Revenue Fall	Jan. 29	MT
Two Harbors Investment Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 29	CI
Two Harbors Investment Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 29	CI
Two Harbors Investment Keeps Quarterly Dividend at $0.45 a Share, Payable Jan. 29 to Stockholders of Record Jan. 12	Dec. 18	MT
Two Harbors Investment Corp. Announces Fourth Quarter 2023 Common Stock Dividend, Payable on January 29, 2024	Dec. 18	CI
JMP Securities Adjusts Price Target on Two Harbors Investment to $15 From $12.50, Maintains Market Outperform Rating	Dec. 15	MT
Keefe, Bruyette & Woods Raises Price Target on Two Harbors Investment to $17 From $14, Maintains Market Perform Rating	Dec. 13	MT
UBS Initiates Coverage on Two Harbors Investment With Neutral Rating, $14.50 Price Target	Dec. 06	MT
Tranche Update on Two Harbors Investment Corp.'s Equity Buyback Plan announced on October 5, 2011.	23-10-31	CI
Transcript : Two Harbors Investment Corp., Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Two Harbors Investment Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
JPMorgan Cuts Two Harbors Investment's Price Target to $11 From $13.50, Neutral Rating Maintained	23-10-24	MT
JMP Securities Cuts Price Target on Two Harbors Investment to $12.50 From $14.50, Keeps Market Outperform Rating	23-10-19	MT
Two Harbors Investment Maintains Dividend at $0.45 per Share, Payable on Oct. 27 to Shareholders of Record on Oct. 3	23-09-20	MT
Two Harbors Investment Corp. Declares Dividend for the Third Quarter of 2023, Payable on October 27, 2023	23-09-19	CI
RBC Lifts Price Target on Two Harbors Investment to $15 From $14, Keeps Sector Perform Rating	23-08-14	MT
Citigroup Adjusts Price Target on Two Harbors Investment to $14 From $13, Maintains Neutral Rating	23-08-08	MT
Tranche Update on Two Harbors Investment Corp.'s Equity Buyback Plan announced on October 5, 2011.	23-08-01	CI

Chart Two Harbors Investment Corp.

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Company Profile

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.

Sector

Specialized REITs

Calendar

2024-04-29 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

12.53 USD

Average target price

14.08 USD

Spread / Average Target

+12.40%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Mortgage REITs

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