TWO Two Harbors Investment Corp.
USReal EstateAs of 2026-07-08 16:00
Why TWO matters now
Two Harbors Investment Corp. (TWO) is a US stock in Real Estate. The latest InvestLog snapshot shows $12.07 with -0.08% on the session and $1.27B in market capitalization; recent performance reads 1-month -1.44% and YTD +17.33%.
The latest financial table shown here is Q1 2026, with revenue of $218.8M, net income of $32.3M, and EPS of $0.18. Investors can compare that operating picture with valuation signals such as P/E unavailable and FCF yield -5.4%.
The latest indexable market news headline is "TWO Stockholders Approve CrossCountry Merger" from Business Wire.
Additional event context on this page matters because analyst consensus is Hold with a median target of $13.50; recent insider activity includes Abraham Spencer filing S-Sale. These signals are research inputs, not a recommendation.
Valuation
P/E (TTM)
—
PEG
—
P/B
0.77
P/S
1.69
EV/EBITDA
70.51
DCF Value
$-75.01
FCF Yield
-5.4%
Div Yield
11.4%
Margins & Returns
Gross Margin
88.0%
Operating Margin
57.3%
Net Margin
-44.8%
ROE
-19.1%
ROA
-3.3%
ROIC
4.3%
Financials
| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $218.8M | $32.3M | $0.18 |
| Q4 2025 | $179.4M | $11.7M | $-0.02 |
| FY 2025 | $605.6M | $-454.3M | $-4.36 |
| Q3 2025 | $247.6M | $-127.9M | $-1.36 |
Analyst Ratings
Consensus
Hold
Target (Consensus)
$13.50
Target (Median)
$13.50
Target Range
$13.00 - $14.00
Trading Activity
Insider Trades
Related Stocks
Latest News
Company Info
Sector
Real Estate
Industry
REIT - Mortgage
Country
US
Exchange
—
Beta
1.04
Two Harbors Investment Corp. (TWO) operates as a Real Estate Investment Trust (REIT) with a strategic focus on the U.S. mortgage market. The firm is actively involved in acquiring, funding, and overseeing a diverse portfolio of financial instruments, primarily residential mortgage-backed securities (RMBS). This portfolio encompasses both agency RMBS – which are often backed by fixed-rate, adjustable-rate, and hybrid adjustable-rate mortgage loans – as well as non-agency securities, mortgage servicing rights (MSRs), and other related financial assets. Being structured as a REIT grants the company specific federal income tax advantages, contingent on distributing a minimum of 90% of its annual taxable earnings to its shareholders. Established in 2009, Two Harbors Investment Corp. maintains its corporate headquarters in Minnetonka, Minnesota.