TWO Two Harbors Investment Corp

Price (delayed)

$6.52

Market cap

$2.05B

P/E Ratio

3.84

Dividend/share

$0.65

EPS

$1.7

Enterprise value

$9.6B

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 133% YoY and by 12% QoQ
Two Harbors Investment's EPS has soared by 128% YoY and by 15% from the previous quarter
Two Harbors Investment's revenue has soared by 144% YoY but it has decreased by 16% from the previous quarter
Two Harbors Investment's gross profit has surged by 144% YoY but it has decreased by 16% QoQ
Two Harbors Investment's equity has decreased by 12% YoY and by 9% QoQ

Key stats

What are the main financial stats of TWO
Market
Shares outstanding
313.88M
Market cap
$2.05B
Enterprise value
$9.6B
Valuations
Price to earnings (P/E)
3.84
Price to book (P/B)
0.72
Price to sales (P/S)
3.16
EV/EBIT
18.03
EV/EBITDA
18.03
EV/Sales
17.03
Earnings
Revenue
$563.96M
EBIT
$532.66M
EBITDA
$532.66M
Free cash flow
$629.65M
Per share
EPS
$1.7
Free cash flow per share
$2.3
Book value per share
$9.08
Revenue per share
$2.06
TBVPS
$45.68
Balance sheet
Total assets
$12.5B
Total liabilities
$10.02B
Debt
$9.7B
Equity
$2.48B
Working capital
N/A
Liquidity
Debt to equity
3.91
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
14.19
Margins
EBITDA margin
94.4%
Gross margin
100%
Net margin
94.9%
Operating margin
94.4%
Efficiency
Return on assets
2.7%
Return on equity
16.5%
Return on invested capital
1.8%
Return on capital employed
N/A
Return on sales
94.4%
Dividend
Dividend yield
9.97%
DPS
$0.65
Payout ratio
38.2%

TWO stock price

How has the Two Harbors Investment stock price performed over time
Intraday
0.62%
1 week
2.19%
1 month
1.72%
1 year
22.33%
YTD
2.35%
QTD
-13.76%

Financial performance

How have Two Harbors Investment's revenue and profit performed over time
Revenue
$563.96M
Gross profit
$563.96M
Operating income
$532.66M
Net income
$535.28M
Gross margin
100%
Net margin
94.9%
Two Harbors Investment's revenue has soared by 144% YoY but it has decreased by 16% from the previous quarter
Two Harbors Investment's gross profit has surged by 144% YoY but it has decreased by 16% QoQ
Two Harbors Investment's net income has surged by 133% YoY and by 12% QoQ
The operating income has soared by 133% YoY and by 11% from the previous quarter

Growth

What is Two Harbors Investment's growth rate over time

Valuation

What is Two Harbors Investment stock price valuation
P/E
3.84
P/B
0.72
P/S
3.16
EV/EBIT
18.03
EV/EBITDA
18.03
EV/Sales
17.03
Two Harbors Investment's EPS has soared by 128% YoY and by 15% from the previous quarter
The P/B is 20% higher than the last 4 quarters average of 0.6 and 2.9% higher than the 5-year quarterly average of 0.7
Two Harbors Investment's equity has decreased by 12% YoY and by 9% QoQ
Two Harbors Investment's revenue has soared by 144% YoY but it has decreased by 16% from the previous quarter

Efficiency

How efficient is Two Harbors Investment business performance
Two Harbors Investment's return on invested capital has surged by 155% YoY and by 29% QoQ
TWO's ROA has soared by 145% YoY and by 29% QoQ
Two Harbors Investment's ROE has soared by 139% YoY and by 19% from the previous quarter
Two Harbors Investment's ROS has increased by 31% from the previous quarter

Dividends

What is TWO's dividend history
DPS
$0.65
Dividend yield
9.97%
Payout ratio
38.2%
Recent dividends

Financial health

How did Two Harbors Investment financials performed over time
Two Harbors Investment's total assets is 25% more than its total liabilities
The total liabilities has contracted by 46% YoY and by 25% from the previous quarter
Two Harbors Investment's total assets has decreased by 42% YoY and by 22% from the previous quarter
TWO's debt is down by 46% year-on-year and by 25% since the previous quarter
TWO's debt to equity is down by 38% year-on-year and by 18% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.