- Two Harbors Investment (TWO, Financial) shows a promising after-hours trading boost with improved earnings and book value.
- Analysts forecast an optimistic average price target, suggesting a potential upside for investors.
- Current brokerage firm consensus ranks TWO as "Outperform," indicating positive expectations.
Two Harbors Investment (TWO) has caught the attention of investors with a 1.3% increase in after-hours trading, spurred by enhanced earnings and a stronger book value. The company's Q1 earnings per share (EPS) available for distribution saw an impressive boost, climbing to $0.24 from $0.20 in Q4 2024. Moreover, the book value per share improved to $14.66. Notably, the economic return on book value leaped to 4.4%, a significant rise from the previous quarter's zero percent.
Wall Street Analysts' Forecast
Wall Street analysts are projecting a positive outlook for Two Harbors Investment Corp (TWO, Financial). Based on a comprehensive evaluation by 7 analysts, the average one-year price target for TWO is set at $13.67. This estimate reflects an appealing upside potential of 13.93% from the current trading price of $12.00. The analysts' high price target is pegged at $15.00, while the low estimate stands at $12.00. For further insights and detailed forecast data, visit the Two Harbors Investment Corp (TWO) Forecast page.
In terms of brokerage recommendations, Two Harbors Investment Corp (TWO, Financial) holds an average recommendation of 2.3, derived from 10 brokerage firms. This rating indicates an "Outperform" status on the recommendation scale, which ranges from 1, representing a Strong Buy, to 5, which denotes a Sell. These positive signals suggest that the company is well-positioned for future growth, offering a potential opportunity for savvy investors.
