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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 27.22
TWO's Cash to Debt is ranked higher than
94% of the 606 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.06 vs. TWO: 27.22 )
TWO' s 10-Year Cash to Debt Range
Min: 0.18   Max: No Debt
Current: 27.22

Equity to Asset 0.23
TWO's Equity to Asset is ranked lower than
51% of the 637 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.49 vs. TWO: 0.23 )
TWO' s 10-Year Equity to Asset Range
Min: 0.15   Max: 0.7
Current: 0.23

0.15
0.7
Interest Coverage 4.65
TWO's Interest Coverage is ranked higher than
85% of the 513 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.22 vs. TWO: 4.65 )
TWO' s 10-Year Interest Coverage Range
Min: 4.65   Max: 9999.99
Current: 4.65

4.65
9999.99
F-Score: 5
Z-Score: 1.39
M-Score: -2.02
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 84.06
TWO's Operating margin (%) is ranked higher than
91% of the 638 Companies
in the Global REIT - Residential industry.

( Industry Median: 40.48 vs. TWO: 84.06 )
TWO' s 10-Year Operating margin (%) Range
Min: -356.93   Max: 86.42
Current: 84.06

-356.93
86.42
Net-margin (%) 104.22
TWO's Net-margin (%) is ranked higher than
94% of the 639 Companies
in the Global REIT - Residential industry.

( Industry Median: 35.11 vs. TWO: 104.22 )
TWO' s 10-Year Net-margin (%) Range
Min: -319.74   Max: 104.22
Current: 104.22

-319.74
104.22
ROE (%) 15.02
TWO's ROE (%) is ranked higher than
94% of the 639 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.54 vs. TWO: 15.02 )
TWO' s 10-Year ROE (%) Range
Min: -7.18   Max: 15.02
Current: 15.02

-7.18
15.02
ROA (%) 3.37
TWO's ROA (%) is ranked higher than
75% of the 642 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.12 vs. TWO: 3.37 )
TWO' s 10-Year ROA (%) Range
Min: -1.62   Max: 3.37
Current: 3.37

-1.62
3.37
ROC (Joel Greenblatt) (%) 23.74
TWO's ROC (Joel Greenblatt) (%) is ranked higher than
82% of the 546 Companies
in the Global REIT - Residential industry.

( Industry Median: 5.19 vs. TWO: 23.74 )
TWO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -115.31   Max: 23.74
Current: 23.74

-115.31
23.74
Revenue Growth (%) -0.40
TWO's Revenue Growth (%) is ranked higher than
73% of the 539 Companies
in the Global REIT - Residential industry.

( Industry Median: -0.70 vs. TWO: -0.40 )
TWO' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 150.2
Current: -0.4

0
150.2
EPS Growth (%) 0.80
TWO's EPS Growth (%) is ranked higher than
73% of the 391 Companies
in the Global REIT - Residential industry.

( Industry Median: -1.90 vs. TWO: 0.80 )
TWO' s 10-Year EPS Growth (%) Range
Min: 0.8   Max: 198.8
Current: 0.8

0.8
198.8
» TWO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

TWO Guru Trades in Q3 2013

Leon Cooperman 100,000 sh (unchged)
Jim Simons Sold Out
Whitney Tilson Sold Out
Ray Dalio Sold Out
Jeremy Grantham 62,056 sh (-53.59%)
Steven Cohen 18,984 sh (-96.54%)
» More
Q4 2013

TWO Guru Trades in Q4 2013

Steven Cohen 20,718 sh (+9.13%)
Leon Cooperman 100,000 sh (unchged)
Jeremy Grantham Sold Out
» More
Q1 2014

TWO Guru Trades in Q1 2014

David Dreman 13,146 sh (New)
Jim Simons 1,689,845 sh (New)
Paul Tudor Jones 46,392 sh (New)
Leon Cooperman 100,000 sh (unchged)
Steven Cohen 20,528 sh (-0.92%)
» More
Q2 2014

TWO Guru Trades in Q2 2014

Jim Simons 3,678,200 sh (+117.66%)
Paul Tudor Jones 88,345 sh (+90.43%)
David Dreman 14,071 sh (+7.04%)
Leon Cooperman 100,000 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with TWO

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
David Dreman 2014-03-31 New Buy0.01%$9.22 - $10.63 $ 10.727%13146
Ray Dalio 2013-09-30 Sold Out $9.06 - $10.27 $ 10.729%0
Ray Dalio 2013-06-30 New Buy$10.25 - $12.45 $ 10.72-6%50142
George Soros 2013-03-31 Sold Out 0.03%$10.311 - $12.982 $ 10.72-9%0
George Soros 2012-12-31 New Buy0.03%$10.15 - $12.11 $ 10.72-7%226050
Leon Cooperman 2012-06-30 New Buy0.02%$9.96 - $10.72 $ 10.724%100000
George Soros 2011-06-30 Sold Out $10.02 - $10.87 $ 10.722%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Two Harbors Investment Corp

Humble Beginnings, Leon Cooperman’s Top-Yield Stocks in Review
The Omega Advisors portfolio, led by the legendary Leon Cooperman, shows a total of 74 stocks, 10 of them new, with a total value of $6.61 billion and a quarter-over-quarter turnover of 12%. Leon Cooperman is the founder and chairman of Omega Advisors, a hedge fund with approximately $10 billion under management as of November 2013. Prior to starting his own firm in 1991, Cooperman was the CEO and chairman of Goldman Sachs Asset Management. Cooperman was a graduate of Columbia Business School. After working at Goldman Sachs for 25 years, Guru Cooperman founded Omega Advisors with $450 million in capital. Read more...
Bargain Hunting with Guru Leon Cooperman, Lowest PE Stocks
“The stock market is not overvalued right now, but it's no bargain anymore,” the legendary Guru Leon Cooperman of Omega Advisors told CNBC earlier this month. In a market that he feels is reasonably valued, Cooperman said, “…I have to kind of work hard to find stocks and macro themes.”[i] Read more...
Leon Cooperman’s Top Yields Are REITs
The current portfolio of Leon Cooperman's Omega Advisors lists 74 stocks, 10 of them new, a total value at $6.52 billion, and a quarter-over-quarter turnover of 13%. The portfolio is weighted with top three sectors: financial services at 25.8%, energy at 23.2% and communication services at 12.6%. Guru Cooperman has averaged a return of 11.29% over 12 months, according to the GuruFocus Score Board of Gurus. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 68.70
TWO's P/E(ttm) is ranked higher than
53% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 27.40 vs. TWO: 68.70 )
TWO' s 10-Year P/E(ttm) Range
Min: 4.08   Max: 103.42
Current: 68.7

4.08
103.42
P/B 0.97
TWO's P/B is ranked higher than
83% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.30 vs. TWO: 0.97 )
TWO' s 10-Year P/B Range
Min: 0.56   Max: 1.64
Current: 0.97

0.56
1.64
P/S 7.05
TWO's P/S is ranked higher than
62% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 7.85 vs. TWO: 7.05 )
TWO' s 10-Year P/S Range
Min: 4.58   Max: 57.23
Current: 7.05

4.58
57.23
PFCF 9.01
TWO's PFCF is ranked higher than
93% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 73.09 vs. TWO: 9.01 )
TWO' s 10-Year PFCF Range
Min: 3.33   Max: 151
Current: 9.01

3.33
151
EV-to-EBIT -24.23
TWO's EV-to-EBIT is ranked higher than
50% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 32.73 vs. TWO: -24.23 )
TWO' s 10-Year EV-to-EBIT Range
Min: 0.7   Max: 67
Current: -24.23

0.7
67
Shiller P/E 11.82
TWO's Shiller P/E is ranked higher than
91% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 9999.00 vs. TWO: 11.82 )
TWO' s 10-Year Shiller P/E Range
Min: 10.1   Max: 12.52
Current: 11.82

10.1
12.52
Current Ratio 62.51
TWO's Current Ratio is ranked higher than
99% of the 408 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.89 vs. TWO: 62.51 )
TWO' s 10-Year Current Ratio Range
Min: 0.15   Max: 62.51
Current: 62.51

0.15
62.51
Quick Ratio 62.51
TWO's Quick Ratio is ranked higher than
99% of the 408 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.84 vs. TWO: 62.51 )
TWO' s 10-Year Quick Ratio Range
Min: 0.15   Max: 62.51
Current: 62.51

0.15
62.51

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 9.89
TWO's Dividend Yield is ranked higher than
94% of the 633 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.15 vs. TWO: 9.89 )
TWO' s 10-Year Dividend Yield Range
Min: 2.84   Max: 19.61
Current: 9.89

2.84
19.61
Dividend Payout 6.97
TWO's Dividend Payout is ranked lower than
51% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.27 vs. TWO: 6.97 )
TWO' s 10-Year Dividend Payout Range
Min: 0.29   Max: 3.64
Current: 6.97

0.29
3.64
Dividend growth (3y) -7.50
TWO's Dividend growth (3y) is ranked higher than
56% of the 400 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.30 vs. TWO: -7.50 )
TWO' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 87.4
Current: -7.5

0
87.4
Yield on cost (5-Year) 48.44
TWO's Yield on cost (5-Year) is ranked higher than
99% of the 634 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.52 vs. TWO: 48.44 )
TWO' s 10-Year Yield on cost (5-Year) Range
Min: 13.76   Max: 94.99
Current: 48.44

13.76
94.99
Share Buyback Rate -150.30
TWO's Share Buyback Rate is ranked lower than
52% of the 511 Companies
in the Global REIT - Residential industry.

( Industry Median: -7.00 vs. TWO: -150.30 )
TWO' s 10-Year Share Buyback Rate Range
Min: -24.5   Max: -150.3
Current: -150.3

Valuation & Return

vs
industry
vs
history
Price/Net Cash 2.55
TWO's Price/Net Cash is ranked higher than
99% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 9999.00 vs. TWO: 2.55 )
TWO' s 10-Year Price/Net Cash Range
Min: 1.17   Max: 3.73
Current: 2.55

1.17
3.73
Price/Net Current Asset Value 2.46
TWO's Price/Net Current Asset Value is ranked higher than
99% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 9999.00 vs. TWO: 2.46 )
TWO' s 10-Year Price/Net Current Asset Value Range
Min: 1.15   Max: 3.58
Current: 2.46

1.15
3.58
Price/Tangible Book 1.10
TWO's Price/Tangible Book is ranked higher than
80% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.36 vs. TWO: 1.10 )
TWO' s 10-Year Price/Tangible Book Range
Min: 0.58   Max: 1.67
Current: 1.1

0.58
1.67
Price/DCF (Projected) 1.16
TWO's Price/DCF (Projected) is ranked higher than
90% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 27.59 vs. TWO: 1.16 )
TWO' s 10-Year Price/DCF (Projected) Range
Min: 1.02   Max: 1.49
Current: 1.16

1.02
1.49
Price/Median PS Value 1.11
TWO's Price/Median PS Value is ranked higher than
79% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.23 vs. TWO: 1.11 )
TWO' s 10-Year Price/Median PS Value Range
Min: 0.73   Max: 9.03
Current: 1.11

0.73
9.03
Price/Graham Number 1.84
TWO's Price/Graham Number is ranked higher than
68% of the 693 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.40 vs. TWO: 1.84 )
TWO' s 10-Year Price/Graham Number Range
Min: 0.44   Max: 4.96
Current: 1.84

0.44
4.96
Earnings Yield (Greenblatt) 15.40
TWO's Earnings Yield (Greenblatt) is ranked higher than
96% of the 626 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.60 vs. TWO: 15.40 )
TWO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 147.4
Current: 15.4

1.5
147.4
Forward Rate of Return (Yacktman) 1.59
TWO's Forward Rate of Return (Yacktman) is ranked higher than
74% of the 520 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.70 vs. TWO: 1.59 )
TWO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1   Max: 5.5
Current: 1.59

1
5.5

Business Description

Industry: REITs » REIT - Residential
Compare: » details
Traded in other countries:2H2.Germany
Two Harbors Investment Corp. was incorporated on May 21, 2009 and commenced operations as a publicly traded company on October 28, 2009. It is a Maryland corporation that is engaged in investing in, financing and managing residential mortgage-backed securities, or RMBS, and related investments. The Company deploys moderate leverage as part of its investment strategy through short-term borrowings structured as repurchase agreements. The Company acquires and manages a portfolio of RMBS and related investments, focusing on security selection and the relative value of various sectors within the mortgage market. The Company is externally managed and advised by PRCM Advisers LLC, a subsidiary of Pine River Capital Management L.P., or Pine River, a global multi-strategy asset management firm.
» More Articles for TWO

Headlines

Articles On GuruFocus.com
Humble Beginnings, Leon Cooperman’s Top-Yield Stocks in Review Dec 16 2013 
Bargain Hunting with Guru Leon Cooperman, Lowest PE Stocks Oct 27 2013 
Leon Cooperman’s Top Yields Are REITs Oct 14 2013 
Top 5 Insider Buys of the Week May 31 2013 
My Three Favorite High-Yield Stocks With Low Beta Ratios Mar 30 2013 
My 3 Favorite Stocks with Unbelievably High Dividends and Low P/Es Mar 18 2013 
Weekly CEO Buys Highlight: TRNO, WTSLA, TWO, MTGE, NTWK Feb 24 2013 
David Tepper’s 3 Top-Yielding Companies: REITs Jan 23 2013 
These 14 Stocks With Very High Yields (Over 10%) Are Close To 52-Week Highs Oct 20 2012 
insider buying... bu Aug 06 2012 

More From Other Websites
Must-know: Understanding non-qualified mortgage loans Aug 21 2014
Why 90-day delinquencies tick up slightly in June Aug 21 2014
TWO HARBORS INVESTMENT CORP. Financials Aug 15 2014
TWO HARBORS INVESTMENT CORP. Files SEC form 10-Q, Quarterly Report Aug 07 2014
TWO HARBORS INVESTMENT CORP. Files SEC form 8-K, Results of Operations and Financial Condition,... Aug 06 2014
Two Harbors Investment Corp. Reports Second Quarter 2014 Financial Results Aug 06 2014
Q2 2014 Two Harbors Investment Corp Earnings Release - After Market Close Aug 06 2014
Conflicts Of Interest: The Manager Got Your Money, Part 3 Jul 21 2014
Why mortgage originators are moving out on the risk curve Jul 16 2014
Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Second Quarter 2014... Jul 15 2014
Why the 90-day delinquencies were flat with April Jul 15 2014
Investors Wary Of Poor Past Performance Of RMBS Attracted To Two Harbors Jul 09 2014
ADP’s payroll numbers predict a good jobs report, affecting REITs Jul 03 2014
Nearly A 10% Dividend And Appreciating Non-Agency RMBS Make Two Harbors A Buy Jul 01 2014
Triple-Net REITS Come Into Focus with M&A and Growth Activity: An Exclusive Wall Street Transcript... Jun 27 2014
Watch Out: Barbarians At The Gate For Two Harbors Investment (TWO) Jun 26 2014
Must-know: The Fed rises its 2014 inflation forecast again Jun 20 2014

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