Hot Stock Overview: Two Harbors Investments Corp (NYSE:TWO)

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Two Harbors Investments Corp (NYSE:TWO)

Deutsche Bank Downgrades Two Harbors Investments Corp (NYSE:TWO)’s stock to Hold with no specific Price Target. This rating was issued on 7/24/18. The stock recently closed its previous session at $14.28 by showing a percentage change of -1.59% from its previous day closing price of $14.51.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Two Harbors Investments Corp (NYSE:TWO) in which JP Morgan Maintains Two Harbors Investments Corp (NYSE:TWO) to Overweight by settling a price target of $16.5 on 7/23/18. Maxim Group Maintains the stock to Buy on 4/27/18 by stationing a price target of $16. B. Riley FBR Upgrades the company’s stock to Buy on 11/10/17 with no specific Price Target. Barclays Maintains Two Harbors Investments Corp (NYSE:TWO) to Overweight with a price target of $17.

Two Harbors Investments Corp (NYSE:TWO) currently has a consensus Price Target of $16.38. While some analysts have a High Price target for the stock of $17 and a Low Price Target of $15.5.

Several sell side analysts reviewed their recommendations on Two Harbors Investments Corp (NYSE:TWO) where 1 analyst have rated the stock as Strong Buy, 5 analysts said it’s a Buy, 1 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.5. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Two Harbors Investments Corp (NYSE:TWO) reported its Actual EPS of $0.53/share. The analysts offering Earnings Estimates for the company were believing that Two Harbors Investments Corp (NYSE:TWO) could bring EPS of $0.47/share. The difference between Actual EPS and Estimated EPS was 0.06 Percent. Thus the company showed an Earnings Surprise of 12.8 Percent.

Two Harbors Investments Corp (NYSE:TWO) has a market capitalization of 3.54 Billion. The stock traded with the volume of 2.32 Million shares in the last trading session. The stock touched its high share price of $16.83 on 10/20/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 02/06/18 as $13.85. The company has a 1 Year high price target of $16.36. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -5.02%. The Moving Average SMA50 is -6.71% while SMA200 is -7.96%.

Two Harbors Investments Corp (NYSE:TWO) is currently showing its ROA (Return on Assets) of 2.8%. The Return on Investment (ROI) is at 1.3% while it’s Return on Equity (ROE) value stands at 23.3%. The stock currently shows its YTD (Year to Date) performance of -12.18 percent while its Weekly performance value is -2.39%. The Monthly and Yearly performances are -8.75 percent and -13.82 percent respectively. The Relative Volume value measured for Two Harbors Investments Corp (NYSE:TWO) is 1.04. The Average Volume (3 months) is 2.24 Million.

The stock currently has its Annual Dividend of $1.41 and an annual Dividend Yield of 9.87 Percent. TWO has P/E (Price to Earnings ttm) value of 4.28, Forward P/E of 7.52, P/C (Price to cash per share) of 8.54 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 0 percent.

Company Profile:

Two Harbors Investment Corp is a Real Estate Investment Trust that focuses on investing in, financing and managing residential mortgage-backed securities and mortgage loans. Its objective is to provide risk-adjusted returns to investors through dividends and capital appreciation. Two Harbors intends to acquire and manage a portfolio of mortgage-backed securities, focusing on security selection and the relative value of various sectors within the mortgage market. As an investment strategy, the company expects to deploy moderate borrowings through, with respect to Agency RMBS, short-term borrowings structured as repurchase agreements and, with respect to non-Agency RMBS and residential mortgage loans, private funding sources. It may also finance portions of its portfolio through non-recourse term borrowing facilities and equity financing under the Legacy Loan Program and Term Asset-Backed Securities Lending Facility (TALF), if such financing becomes available.