TWO Two Harbors Investment Corp
Price (delayed)
$13.25
Market cap
$1.38B
P/E Ratio
5.5
Dividend/share
$1.8
EPS
$2.41
Enterprise value
$9.65B
Two Harbors Investment Corp. is a Maryland corporation focused on investing, financing and managing residential mortgage-backed securities (RMBS) and related investments. Its objective is to provide attractive risk-adjusted returns to
Highlights
Two Harbors Investment's net income has surged by 189% QoQ
Two Harbors Investment's EPS has soared by 150% from the previous quarter
Two Harbors Investment's equity has decreased by 3.7% YoY and by 2.2% QoQ
Key stats
What are the main financial stats of TWO
Market
Valuations
Earnings
Shares outstanding
104.02M
Market cap
$1.38B
Enterprise value
$9.65B
Price to earnings (P/E)
5.5
Price to book (P/B)
0.65
Price to sales (P/S)
2.69
EV/EBIT
24.58
EV/EBITDA
24.58
EV/Sales
18.89
Revenue
$510.75M
Gross profit
$510.75M
Operating income
$344.75M
Net income
$345.95M
EBIT
$392.53M
EBITDA
$392.53M
Free cash flow
$201M
Per share
Balance sheet
Liquidity
EPS
$2.41
EPS diluted
$2.37
Free cash flow per share
$1.94
Book value per share
$20.48
Revenue per share
$4.93
TBVPS
$117.75
Total assets
$12.2B
Total liabilities
$10.08B
Debt
$9.09B
Equity
$2.12B
Working capital
N/A
Debt to equity
4.28
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
21.07
Margins
Efficiency
Dividend
EBITDA margin
76.9%
Gross margin
100%
Net margin
67.7%
Operating margin
67.5%
Return on assets
2%
Return on equity
11.5%
Return on invested capital
1.8%
Return on capital employed
N/A
Return on sales
76.9%
Dividend yield
13.58%
DPS
$1.8
Payout ratio
74.7%
TWO stock price
How has the Two Harbors Investment stock price performed over time
Intraday
-0.82%
1 week
-2.57%
1 month
-6.56%
1 year
0.3%
YTD
12%
QTD
-0.82%
Financial performance
How have Two Harbors Investment's revenue and profit performed over time
Revenue
$510.75M
Gross profit
$510.75M
Operating income
$344.75M
Net income
$345.95M
Gross margin
100%
Net margin
67.7%
Two Harbors Investment's net income has surged by 189% QoQ
The operating income has soared by 175% from the previous quarter
TWO's net margin has soared by 139% year-on-year
The operating margin has soared by 126% YoY
Growth
What is Two Harbors Investment's growth rate over time
Valuation
What is Two Harbors Investment stock price valuation
P/E
5.5
P/B
0.65
P/S
2.69
EV/EBIT
24.58
EV/EBITDA
24.58
EV/Sales
18.89
Two Harbors Investment's EPS has soared by 150% from the previous quarter
The P/B is 8% higher than the 5-year quarterly average of 0.6 and 8% higher than the last 4 quarters average of 0.6
Two Harbors Investment's equity has decreased by 3.7% YoY and by 2.2% QoQ
Efficiency
How efficient is Two Harbors Investment business performance
Two Harbors Investment's return on invested capital has surged by 200% QoQ
Two Harbors Investment's ROS has soared by 177% YoY
TWO's ROA has soared by 157% QoQ
Two Harbors Investment's ROE has soared by 155% from the previous quarter
Dividends
What is TWO's dividend history
DPS
$1.8
Dividend yield
13.58%
Payout ratio
74.7%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Two Harbors Investment financials performed over time
Two Harbors Investment's total assets is 21% more than its total liabilities
The total liabilities has contracted by 8% YoY and by 6% from the previous quarter
Two Harbors Investment's total assets has decreased by 7% YoY and by 5% from the previous quarter
TWO's debt is down by 9% since the previous quarter and by 8% year-on-year
TWO's debt to equity is down by 7% since the previous quarter and by 4.9% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.