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Two Harbors Investment (TWO) Stock

Profile

Industry:

Mortgage

Country:

United States

IPO:

30 October 2009

Indexes:

Not included

Description:

Two Harbors Investment Corp. is a real estate investment trust (REIT) that focuses on investing in mortgage-backed securities and other real estate-related assets. The company aims to generate income for its shareholders through dividends while managing risks in the housing market.

Key Details

Price

$11.79

TTM Dividend Yield

15.27%(-0.65% YoY)

Annual Revenue

$31.24 M(-92.38% YoY)

Annual EPS

-$1.60(-175.12% YoY)

Beta

0.79

Events Calendar

Earnings

Next earnings date:

Jan 29, 2025

Recent quarterly earnings:

Oct 28, 2024

Recent annual earnings:

Jan 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 01, 2024
Splits

Next split:

N/A

Recent split:

Nov 02, 2022

Analyst ratings

Recent major analysts updates

25 Nov '24 Compass Point
Buy
01 Nov '24 RBC Capital
Sector Perform
30 Oct '24 JP Morgan
Neutral
16 Aug '24 Janney Montgomery Scott
Buy
16 July '24 JP Morgan
Neutral
07 June '24 UBS
Buy
07 June '24 JMP Securities
Market Outperform
19 Apr '24 JMP Securities
Market Outperform
18 Apr '24 JMP Securities
Market Outperform
10 Apr '24 JP Morgan
Neutral

Market Data

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Institutional Ownership

T2 Metals Announces Closing of $527,000 Flow Through Private Placement to Fund 2025 Drilling at Sherridon
T2 Metals Announces Closing of $527,000 Flow Through Private Placement to Fund 2025 Drilling at Sherridon
T2 Metals Announces Closing of $527,000 Flow Through Private Placement to Fund 2025 Drilling at Sherridon
TWO
newsfilecorp.com21 November 2024

Vancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce the closing of a non-brokered flow-through private placement financing (the "FT Private Placement") as announced November 18 2024. The FT Private Placement raised gross proceeds of $527,000 by issuing a total of 1,550,000 flow-through units (each a "FT Unit"), at a price of $0.34 per FT Unit.

Two Harbors Plunges 10.9% in a Month: Should You Buy the Dip?
Two Harbors Plunges 10.9% in a Month: Should You Buy the Dip?
Two Harbors Plunges 10.9% in a Month: Should You Buy the Dip?
TWO
zacks.com19 November 2024

TWO's lucrative dividend yield and favorable long-term prospects are encouraging. Read on to know whether to buy the stock now or wait for a better entry point.

T2 Metals Files NI43-101 Technical Report for Sherridon Copper-Zinc-Gold Project, Manitoba
T2 Metals Files NI43-101 Technical Report for Sherridon Copper-Zinc-Gold Project, Manitoba
T2 Metals Files NI43-101 Technical Report for Sherridon Copper-Zinc-Gold Project, Manitoba
TWO
newsfilecorp.com01 November 2024

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce the filing of an independent Technical Report for Sherridon copper-zinc-gold project in western central Manitoba on the Company's profile on SEDAR+ at www.sedarplus.ca. The Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

Two Harbors: Weak Earnings
Two Harbors: Weak Earnings
Two Harbors: Weak Earnings
TWO
seekingalpha.com29 October 2024

Two Harbors Investment Corp. is highly sensitive to interest rate changes, with Q3 earnings weak and dividend coverage increasingly opaque. The company's focus on mortgage servicing rights (MSRs) aims to reduce exposure to rate changes, but earnings indicate underlying issues. Q3 comprehensive income was $19.3 million, with a net loss of $250.2 million, with very little earnings available for distribution, raising concerns about dividend sustainability.

Two Harbors Investment Corp. (TWO) Q3 2024 Earnings Call Transcript
Two Harbors Investment Corp. (TWO) Q3 2024 Earnings Call Transcript
Two Harbors Investment Corp. (TWO) Q3 2024 Earnings Call Transcript
TWO
seekingalpha.com29 October 2024

Two Harbors Investment Corp. (NYSE:TWO ) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Maggie Karr - Head, Investor Relations Bill Greenberg - President and CEO Nick Letica - Chief Investment Officer William Dellal - Interim Chief Financial Officer Conference Call Participants Doug Harter - UBS Bose George - KBW Jason Stewart - Janney Rick Shane - JPMorgan Trevor Cranston - Citizens JMP Eric Hagen - BTIG Harsh Hemnani - Green Street Operator Please stand by. Good morning.

Here's What Key Metrics Tell Us About Two Harbors Investments (TWO) Q3 Earnings
Here's What Key Metrics Tell Us About Two Harbors Investments (TWO) Q3 Earnings
Here's What Key Metrics Tell Us About Two Harbors Investments (TWO) Q3 Earnings
TWO
zacks.com28 October 2024

While the top- and bottom-line numbers for Two Harbors Investments (TWO) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Key Factors Influencing Two Harbors Investment's Q3 Earnings
Key Factors Influencing Two Harbors Investment's Q3 Earnings
Key Factors Influencing Two Harbors Investment's Q3 Earnings
TWO
zacks.com22 October 2024

TWO's third-quarter 2024 results are expected to benefit from lower mortgage rates, though the negative NII remains a challenge.

T2 Metals Grants Stock Options
T2 Metals Grants Stock Options
T2 Metals Grants Stock Options
TWO
newsfilecorp.com17 October 2024

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") announces the granting of stock options to directors and officers for the purchase of up to 1,195,000 common shares, at an exercise price of $0.38 per share, for a period of three years. About T2 Metals Corp (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) T2 Metals Corp is an emerging copper and precious metal company enhancing shareholder value through exploration and discovery.

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2024 Financial Results
Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2024 Financial Results
Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2024 Financial Results
TWO
https://www.businesswire.com/news/home/20241014363652/en/Two-Harbors-Investment-Corp.-Announces-Earnings-Release-and-Conference-Call-for-Third-Quarter-2024-Financial-Results/14 October 2024

NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Third Quarter 2024 Financial Results.

T2 Metals Completes Summer/Fall Drill Phase at Sherridon, Manitoba, and Earns 80% Interest in Project
T2 Metals Completes Summer/Fall Drill Phase at Sherridon, Manitoba, and Earns 80% Interest in Project
T2 Metals Completes Summer/Fall Drill Phase at Sherridon, Manitoba, and Earns 80% Interest in Project
TWO
newsfilecorp.com03 October 2024

Vancouver, British Columbia--(Newsfile Corp. - October 3, 2024) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce the completion of the summer/fall phase of core drilling at the Sherridon copper-gold project in the Flin Flon - Snow Lake District of west-central Manitoba. A total of 2,180 metres in eight new holes and one deepened 2023 hole were completed, with the balance of the program (up to 1,800 metres) to be conducted during winter (Q1 2025) when access is simplified on frozen ground.

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FAQ

  • What is the primary business of Two Harbors Investment?
  • What is the ticker symbol for Two Harbors Investment?
  • Does Two Harbors Investment pay dividends?
  • What sector is Two Harbors Investment in?
  • What industry is Two Harbors Investment in?
  • What country is Two Harbors Investment based in?
  • When did Two Harbors Investment go public?
  • Is Two Harbors Investment in the S&P 500?
  • Is Two Harbors Investment in the NASDAQ 100?
  • Is Two Harbors Investment in the Dow Jones?
  • When was Two Harbors Investment's last earnings report?
  • When does Two Harbors Investment report earnings?
  • Should I buy Two Harbors Investment stock now?

What is the primary business of Two Harbors Investment?

Two Harbors Investment Corp. is a real estate investment trust (REIT) that focuses on investing in mortgage-backed securities and other real estate-related assets. The company aims to generate income for its shareholders through dividends while managing risks in the housing market.

What is the ticker symbol for Two Harbors Investment?

The ticker symbol for Two Harbors Investment is NYSE:TWO

Does Two Harbors Investment pay dividends?

Yes, Two Harbors Investment pays dividends. The last payment was $0.45, with an ex-dividend date on 01 October 2024

What sector is Two Harbors Investment in?

Two Harbors Investment is in the Real Estate sector

What industry is Two Harbors Investment in?

Two Harbors Investment is in the Mortgage industry

What country is Two Harbors Investment based in?

Two Harbors Investment is headquartered in United States

When did Two Harbors Investment go public?

Two Harbors Investment's initial public offering (IPO) was on 30 October 2009

Is Two Harbors Investment in the S&P 500?

No, Two Harbors Investment is not included in the S&P 500 index

Is Two Harbors Investment in the NASDAQ 100?

No, Two Harbors Investment is not included in the NASDAQ 100 index

Is Two Harbors Investment in the Dow Jones?

No, Two Harbors Investment is not included in the Dow Jones index

When was Two Harbors Investment's last earnings report?

Two Harbors Investment's most recent earnings report was on 28 October 2024

When does Two Harbors Investment report earnings?

The next expected earnings date for Two Harbors Investment is 29 January 2025

Should I buy Two Harbors Investment stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions