TWO Two Harbors Investment Corp

Price (delayed)

$5.08

Market cap

$1.75B

P/E Ratio

12.39

Dividend/share

$0.68

EPS

$0.41

Enterprise value

$9.39B

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 shrunk by 52% YoY but it has increased by 24% QoQ
Two Harbors Investment's gross profit has decreased by 38% YoY but it has increased by 22% QoQ
Two Harbors Investment's EPS has plunged by 72% YoY and by 4.7% from the previous quarter
TWO's price to earnings (P/E) is 31% higher than its last 4 quarters average of 9.2

Key stats

What are the main financial stats of TWO
Market
Shares outstanding
344.14M
Market cap
$1.75B
Enterprise value
$9.39B
Valuations
Price to earnings (P/E)
12.39
Price to book (P/B)
0.66
Price to sales (P/S)
4.2
EV/EBIT
35.77
EV/EBITDA
35.77
EV/Sales
22.6
Earnings
Revenue
$415.6M
EBIT
$262.65M
EBITDA
$262.65M
Free cash flow
$435.52M
Per share
EPS
$0.41
Free cash flow per share
$1.27
Book value per share
$7.65
Revenue per share
$1.21
TBVPS
$35.68
Balance sheet
Total assets
$12.27B
Total liabilities
$9.64B
Debt
$9.12B
Equity
$2.63B
Working capital
N/A
Liquidity
Debt to equity
3.47
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
29.11
Margins
EBITDA margin
63.2%
Gross margin
100%
Net margin
55.9%
Operating margin
63.2%
Efficiency
Return on assets
1.5%
Return on equity
6.7%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
63.2%
Dividend
Dividend yield
13.39%
DPS
$0.68
Payout ratio
165.9%

TWO stock price

How has the Two Harbors Investment stock price performed over time
Intraday
3.04%
1 week
14.16%
1 month
-0.2%
1 year
-36.02%
YTD
-11.96%
QTD
-8.14%

Financial performance

How have Two Harbors Investment's revenue and profit performed over time
Revenue
$415.6M
Gross profit
$415.6M
Operating income
$262.65M
Net income
$232.34M
Gross margin
100%
Net margin
55.9%
Two Harbors Investment's net income has shrunk by 52% YoY but it has increased by 24% QoQ
The operating income has contracted by 45% YoY but it has grown by 37% from the previous quarter
Two Harbors Investment's gross profit has decreased by 38% YoY but it has increased by 22% QoQ
Two Harbors Investment's revenue has decreased by 38% YoY but it has increased by 22% 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
12.39
P/B
0.66
P/S
4.2
EV/EBIT
35.77
EV/EBITDA
35.77
EV/Sales
22.6
Two Harbors Investment's EPS has plunged by 72% YoY and by 4.7% from the previous quarter
TWO's price to earnings (P/E) is 31% higher than its last 4 quarters average of 9.2
The P/B is 20% lower than the last 4 quarters average of 0.8 and 9% lower than the 5-year quarterly average of 0.7
Two Harbors Investment's equity has decreased by 4.2% QoQ and by 3.4% YoY
Two Harbors Investment's revenue has decreased by 38% YoY but it has increased by 22% from the previous quarter
The P/S is 2.9% below the last 4 quarters average of 4.2

Efficiency

How efficient is Two Harbors Investment business performance
Two Harbors Investment's return on invested capital has surged by 56% QoQ
Two Harbors Investment's ROE has plunged by 52% YoY but it has increased by 40% from the previous quarter
TWO's ROA has soared by 50% QoQ but it is down by 29% YoY
Two Harbors Investment's ROS has increased by 13% from the previous quarter but it has decreased by 12% YoY

Dividends

What is TWO's dividend history
DPS
$0.68
Dividend yield
13.39%
Payout ratio
165.9%
Recent dividends

Financial health

How did Two Harbors Investment financials performed over time
Two Harbors Investment's total assets is 27% more than its total liabilities
The total liabilities has contracted by 27% YoY but it has grown by 2.9% from the previous quarter
Two Harbors Investment's total assets has decreased by 23% YoY
TWO's debt is down by 29% year-on-year but it is up by 2.5% since the previous quarter
TWO's debt to equity is down by 27% year-on-year but it is up by 7% since the previous quarter

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