NYSE:TWO (USA) Also trade in: Germany

Two Harbors Investment Corp

$ 12.89 0.04 (0.27%)
Volume: 319,417 Avg Vol (1m): 2,944,803
Market Cap $: 3.51 Bil Enterprise Value $: -19,582,070,000.00
P/E (TTM): 0.00 P/B: 0.85
Earnings Power Value 75.36
Net Current Asset Value 0
Tangible Book 7.06
Projected FCF -6.47
Median P/S Value -4.3
Graham Number 0
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 5/10

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.
Current vs industry vs history
Cash-to-Debt 0.34
Cash-To-Debt ranked higher than
88.80% of 598 companies
in the REIT - Residential industry.
Industry Max: 10000, Med: 0.06, Min: 0.01
TWO: 0.34
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.05, Med: 1.6, Max: 10000
Current: 0.34
0.05
10000
Equity-to-Asset 0.17
Equity-to-Asset ranked lower than
94.86% of 642 companies
in the REIT - Residential industry.
Industry Max: 1.15, Med: 0.52, Min: -0.31
TWO: 0.17
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.14, Med: 0.19, Max: 0.7
Current: 0.17
0.14
0.7
Debt-to-Equity 0.32
Debt-to-Equity ranked higher than
85.32% of 613 companies
in the REIT - Residential industry.
Industry Max: 131.44, Med: 0.81, Min: 0.01
TWO: 0.32
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.1, Med: 0.75, Max: 3.96
Current: 0.32
0.1
3.96
WACC vs ROIC %
ROIC 0%
WACC 101.77%

Profitability & Growth : 3/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Net Margin % 183.98
Net Margin ranked higher than
83.05% of 649 companies
in the REIT - Residential industry.
Industry Max: 26300, Med: 43.99, Min: -2682.72
TWO: 183.98
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -319.71, Med: 90.85, Max: 183.98
Current: 183.98
-319.71
183.98
ROE % -11.52
ROE ranked higher than
88.94% of 651 companies
in the REIT - Residential industry.
Industry Max: 480.34, Med: 7.39, Min: -1081.35
TWO: -11.52
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -11.52, Med: 11.25, Max: 15.85
Current: -11.52
-11.52
15.85
ROA % -1.48
ROA ranked lower than
58.54% of 656 companies
in the REIT - Residential industry.
Industry Max: 58.17, Med: 3.68, Min: -33.9
TWO: -1.48
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -2.18, Med: 2.19, Max: 3.41
Current: -1.48
-2.18
3.41
3-Year Total Revenue Growth Rate -35.30
3-Year Revenue Growth Rate ranked lower than
93.57% of 560 companies
in the REIT - Residential industry.
Industry Max: 260.2, Med: 2.2, Min: -100
TWO: -37.9
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
N/A

» TWO's 30-Y Financials

Financials (Next Earnings Date: 2019-08-08)

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Business Description

Industry REITs » REIT - Residential    NAICS : 531110    SIC : 6798
Compare TSE:3269 XPAR:ALTA TSX:CAR.UN XBRU:AED TSE:3282 TSX:BEI.UN TSE:3278 TSX:NVU.UN TSX:KMP.UN TSE:8986 NYSE:ARR NYSE:ACC NAS:NYMT TSX:IIP.UN NYSE:GPMT NYSE:IRT IST:EKGYO NYSE:NXRT NYSE:CMO NYSE:IRET
Traded in other countries 2H2A.Germany
Address 575 Lexington Avenue, Suite 2930, New York, NY, USA, 10022
Two Harbors Investment Corp is a real estate investment trust primarily focused on investing in, financing, and managing residential mortgage-backed securities, or RMBS; residential mortgage loans; mortgage servicing rights; and commercial real estate. The majority of the company's investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. Two Harbors derives nearly all of its revenue in the form of interest income collected from its investments. Most of this income is generated by available-for-sale securities, while residential mortgage loans held for investment in securitization trusts also contribute a sizable amount. The counterparties to Two Harbors' investments are mainly located in North America.

Ratios

Current vs industry vs history
Forward PE Ratio 7.06
Forward P/E ranked higher than
96.80% of 250 companies
in the REIT - Residential industry.
Industry Max: 222.22, Med: 19.65, Min: 4.77
TWO: 7.06
Ranked among companies with meaningful Forward P/E only.
N/A
PB Ratio 0.85
PB Ratio ranked higher than
67.50% of 640 companies
in the REIT - Residential industry.
Industry Max: 273.33, Med: 1.1, Min: 0.04
TWO: 0.85
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.59, Med: 0.79, Max: 1.36
Current: 0.85
0.59
1.36
Price-to-Operating-Cash-Flow 4.41
Price-to-Operating-Cash-Flow ranked higher than
96.07% of 560 companies
in the REIT - Residential industry.
Industry Max: 435, Med: 14.62, Min: 0.07
TWO: 4.41
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 2.02, Med: 5.55, Max: 1217.5
Current: 4.41
2.02
1217.5
EV-to-Revenue 88.94
EV-to-Revenue ranked higher than
84.92% of 650 companies
in the REIT - Residential industry.
Industry Max: 4424, Med: 12.62, Min: 0.19
TWO: 88.94
Ranked among companies with meaningful EV-to-Revenue only.
N/A
Shiller PE Ratio 6.48
Shiller PE Ratio ranked higher than
96.14% of 233 companies
in the REIT - Residential industry.
Industry Max: 3251.85, Med: 23.55, Min: 3.32
TWO: 6.48
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 6.2, Med: 7.09, Max: 8.74
Current: 6.48
6.2
8.74

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 10.97
Trailing Dividend Yield ranked higher than
91.51% of 978 companies
in the REIT - Residential industry.
Industry Max: 543.81, Med: 5.3, Min: 0.13
TWO: 10.97
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 3.47, Med: 13.85, Max: 23.95
Current: 10.97
3.47
23.95
3-Year Dividend Growth Rate (Per Share) -3.30
3-Year Dividend Growth Rate ranked lower than
76.38% of 436 companies
in the REIT - Residential industry.
Industry Max: 180.2, Med: 4.4, Min: -100
TWO: -3.3
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: -7.5, Max: 87.4
Current: -3.3
0
87.4
Forward Dividend Yield % 14.63
Forward Dividend Yield ranked higher than
89.36% of 977 companies
in the REIT - Residential industry.
Industry Max: 572.61, Med: 5.84, Min: 0.06
TWO: 14.63
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 9.09
Yield-on-Cost (5y) ranked higher than
53.69% of 976 companies
in the REIT - Residential industry.
Industry Max: 693.19, Med: 6.09, Min: 0.13
TWO: 9.09
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 2.87, Med: 11.47, Max: 19.84
Current: 9.09
2.87
19.84
3-Year Share Buyback Rate -11.90
3-Year Share Buyback Rate ranked higher than
93.89% of 507 companies
in the REIT - Residential industry.
Industry Max: 32.1, Med: -4.9, Min: -581.1
TWO: -11.9
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -181.6, Med: -11.9, Max: 1.6
Current: -11.9
-181.6
1.6

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 1.82
Price-to-Tangible-Book ranked lower than
83.81% of 630 companies
in the REIT - Residential industry.
Industry Max: 273.33, Med: 1.12, Min: 0.05
TWO: 1.82
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 0.72, Med: 0.84, Max: 2.48
Current: 1.82
0.72
2.48

More Statistics

Revenue (TTM) (Mil) $ -220.15
EPS (TTM) $ -1.73
Beta 0.42
Volatility % 18.38
52-Week Range $ 12.63 - 16.27
Shares Outstanding (Mil) 272.83

Analyst Estimate

Piotroski F-Score Details