TWO Two Harbors Investment Corp

  1. Stocks
  2. Real Estate
  3. NYSE: TWO

Price (delayed)

$13.7

Market cap

$1.32B

P/E Ratio

6.37

Dividend/share

$2.64

EPS

$2.15

Enterprise value

$10.6B

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's price to earnings (P/E) is 19% lower than its last 4 quarters average of 7.9
Two Harbors Investment's EPS has plunged by 56% from the previous quarter but it has increased by 25% YoY
Two Harbors Investment's net income has shrunk by 55% QoQ but it has increased by 18% YoY
Two Harbors Investment's equity has decreased by 20% YoY
Sector: Real Estate
Industry: REIT - Mortgage
Website: http://www.twoharborsinvestment.com/
Peers: REG PDM ALX AIV

Key stats

What are the main financial stats of TWO
Market
Shares outstanding
96.62M
Market cap
$1.32B
Enterprise value
$10.6B
Valuations
Price to earnings (P/E)
6.37
Price to book (P/B)
0.54
Price to sales (P/S)
2.36
EV/EBIT
32.67
EV/EBITDA
32.67
EV/Sales
21.14
Earnings
Revenue
$501.3M
EBIT
$324.45M
EBITDA
$324.45M
Free cash flow
$623.4M
Per share
EPS
$2.15
Free cash flow per share
$7.23
Book value per share
$25.28
Revenue per share
$5.82
TBVPS
$156.26
Balance sheet
Total assets
$13.47B
Total liabilities
$11.28B
Debt
$10.4B
Equity
$2.18B
Working capital
N/A
Liquidity
Debt to equity
4.76
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
28.59
Margins
EBITDA margin
64.7%
Gross margin
100%
Net margin
43.9%
Operating margin
64.7%
Efficiency
Return on assets
1.4%
Return on equity
7.9%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
64.7%
Dividend
Dividend yield
19.27%
DPS
$2.64
Payout ratio
122.8%

TWO stock price

How has the Two Harbors Investment stock price performed over time
Intraday
-4.26%
1 week
-6.74%
1 month
-20.16%
1 year
-37.04%
YTD
-13.13%
QTD
-13.13%

Financial performance

How have Two Harbors Investment's revenue and profit performed over time
Revenue
$501.3M
Gross profit
$501.3M
Operating income
$324.45M
Net income
$220.24M
Gross margin
100%
Net margin
43.9%
The operating income has soared by 69% YoY but it has contracted by 45% from the previous quarter
Two Harbors Investment's net income has shrunk by 55% QoQ but it has increased by 18% YoY
Two Harbors Investment's gross profit has increased by 47% YoY but it has decreased by 33% QoQ
Two Harbors Investment's revenue has increased by 47% YoY but it has decreased by 33% 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
6.37
P/B
0.54
P/S
2.36
EV/EBIT
32.67
EV/EBITDA
32.67
EV/Sales
21.14
Two Harbors Investment's EPS has plunged by 56% from the previous quarter but it has increased by 25% YoY
TWO's price to earnings (P/E) is 19% lower than its last 4 quarters average of 7.9
The P/B is 23% lower than the 5-year quarterly average of 0.7 and 10% lower than the last 4 quarters average of 0.6
Two Harbors Investment's equity has decreased by 20% YoY
Two Harbors Investment's revenue has increased by 47% YoY but it has decreased by 33% from the previous quarter
The P/S is 21% below the last 4 quarters average of 3.0

Efficiency

How efficient is Two Harbors Investment business performance
Two Harbors Investment's ROE has soared by 65% YoY but it has plunged by 55% from the previous quarter
TWO's ROA has shrunk by 58% QoQ but it is up by 40% YoY
Two Harbors Investment's return on invested capital has surged by 56% YoY but it has decreased by 48% QoQ
Two Harbors Investment's ROS has decreased by 17% from the previous quarter but it has increased by 15% YoY

Dividends

What is TWO's dividend history
Dividend details
DPS
$2.64
Dividend yield
19.27%
Payout ratio
122.8%
Recent dividends

Financial health

How did Two Harbors Investment financials performed over time
Two Harbors Investment's total assets is 19% more than its total liabilities
The total liabilities has grown by 20% YoY but it has contracted by 10% from the previous quarter
Two Harbors Investment's total assets has increased by 11% YoY but it has decreased by 8% from the previous quarter
TWO's debt to equity is up by 47% year-on-year but it is down by 14% since the previous quarter
Two Harbors Investment's equity has decreased by 20% YoY

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