Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.
IPO Year:
Exchange: NYSE
Website: twoharborsinvestment.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/3/2024 | $15.75 | Buy | Compass Point |
| 8/16/2024 | $15.00 | Buy | Janney |
| 6/7/2024 | $14.50 | Neutral → Buy | UBS |
| 12/6/2023 | $14.50 | Neutral | UBS |
| 2/10/2023 | $19.00 | Hold → Buy | Maxim Group |
| 11/17/2022 | $18.00 → $16.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 3/8/2022 | $6.00 → $5.25 | Neutral | Credit Suisse |
| 1/4/2022 | $5.50 | Neutral | Citigroup |
| 11/17/2021 | $7.50 → $7.00 | Outperform | RBC Capital |
| 8/13/2021 | $7.00 → $7.50 | Outperform | RBC Capital |
144 - TWO HARBORS INVESTMENT CORP. (0001465740) (Subject)
144 - TWO HARBORS INVESTMENT CORP. (0001465740) (Subject)
144 - TWO HARBORS INVESTMENT CORP. (0001465740) (Subject)
144 - TWO HARBORS INVESTMENT CORP. (0001465740) (Subject)
144 - TWO HARBORS INVESTMENT CORP. (0001465740) (Subject)
144 - TWO HARBORS INVESTMENT CORP. (0001465740) (Subject)
8-K - TWO HARBORS INVESTMENT CORP. (0001465740) (Filer)
10-Q - TWO HARBORS INVESTMENT CORP. (0001465740) (Filer)
8-K - TWO HARBORS INVESTMENT CORP. (0001465740) (Filer)
8-K - TWO HARBORS INVESTMENT CORP. (0001465740) (Filer)
TWO ((Two Harbors Investment Corp, NYSE:TWO), an MSR-focused REIT, announced today that it will release financial results for the quarter ended December 31, 2024 after market close on January 29, 2025. The company will host a conference call and live webcast to review the financial results on January 30, 2025 at 9:00 a.m. ET. Webcast Details The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoinv.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends. Teleconference Details To participate in the call via teleconfere
TWO ((Two Harbors Investment Corp, NYSE:TWO), an MSR-focused REIT, today declared a dividend of $0.45 per share of common stock for the fourth quarter of 2024. The fourth quarter dividend is payable on January 29, 2025 to common stockholders of record at the close of business on January 3, 2025. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment. TWO also declared today the following preferred stock dividends: a dividend of $0.50781 per share of the 8.125% Series A Cumulative Redeemable Preferred Stock; a dividend of $0.47656 per share of
Mortgage Performance Drives Positive Quarterly Return with Stable MSR Spreads TWO ((Two Harbors Investment Corp., NYSE:TWO), an MSR-focused real estate investment trust (REIT), today announced its financial results for the quarter ended September 30, 2024. Quarterly Summary Reported book value of $14.93 per common share, and declared a third quarter common stock dividend of $0.45 per share, representing a 1.3% quarterly economic return on book value. For the first nine months of 2024, generated a 7.0% total economic return on book value.(1) Generated Comprehensive Income of $19.3 million, or $0.18 per weighted average basic common share. Settled $3.3 billion in unpaid principal bala
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, announced today that it will release financial results for the quarter ended September 30, 2024 after market close on October 28, 2024. The company will host a conference call and live webcast to review the financial results on October 29, 2024 at 9:00 a.m. ET. Webcast Details The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoharborsinvestment.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends. Teleconference Details To par
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS REIT, today declared a dividend of $0.45 per share of common stock for the third quarter of 2024. The third quarter dividend is payable on October 29, 2024 to common stockholders of record at the close of business on October 1, 2024. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment. Two Harbors also declared today the following preferred stock dividends: a dividend of $0.50781 per share of the 8.125% Series A Cumulative Redeemable Preferred Stock; a dividend of $0.47656 per shar
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, announced today that it will release financial results for the quarter ended June 30, 2024 after market close on July 30, 2024. The company will host a conference call and live webcast to review the financial results on July 31, 2024 at 9:00 a.m. ET. Webcast Details The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoharborsinvestment.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends. Teleconference Details To participat
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, today declared a dividend of $0.45 per share of common stock for the second quarter of 2024. The second quarter dividend is payable on July 29, 2024 to common stockholders of record at the close of business on July 5, 2024. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment. Two Harbors also declared today the following preferred stock dividends: a dividend of $0.50781 per share of the 8.125% Series A Cumulative Redeemable Preferred Stock; a divide
Positioned for Higher-for-Longer Rates with Growing MSR Portfolio and Operational Platform Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust (REIT), today announced its financial results for the quarter ended March 31, 2024. Quarterly Summary Reported book value of $15.64 per common share, and declared a first quarter common stock dividend of $0.45 per share, representing a 5.8% quarterly economic return on book value.(1) Generated Comprehensive Income of $89.4 million, or $0.85 per weighted average basic common share. Repurchased 485,609 shares of preferred stock, lowering the ratio of preferred stock to total equity.(2) Settled $3.1
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, announced today that it will release financial results for the quarter ended March 31, 2024 after market close on April 29, 2024. The company will host a conference call and live webcast to review the financial results on April 30, 2024 at 9:00 a.m. ET. Webcast Details The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoharborsinvestment.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends. Teleconference Details To partici
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, today declared a dividend of $0.45 per share of common stock for the first quarter of 2024. The first quarter dividend is payable on April 29, 2024 to common stockholders of record at the close of business on April 4, 2024. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment. Two Harbors also declared today the following preferred stock dividends: a dividend of $0.50781 per share of the 8.125% Series A Cumulative Redeemable Preferred Stock; a divide
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4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
Compass Point initiated coverage of Two Harbors Investment with a rating of Buy and set a new price target of $15.75
Janney initiated coverage of Two Harbors Investment with a rating of Buy and set a new price target of $15.00
UBS upgraded Two Harbors Investment from Neutral to Buy and set a new price target of $14.50
UBS initiated coverage of Two Harbors Investment with a rating of Neutral and set a new price target of $14.50
Maxim Group upgraded Two Harbors Investment from Hold to Buy and set a new price target of $19.00
RBC Capital Mkts downgraded Two Harbors Investment from Outperform to Sector Perform and set a new price target of $16.00 from $18.00 previously
Credit Suisse reiterated coverage of Two Harbors Investment with a rating of Neutral and set a new price target of $5.25 from $6.00 previously
Citigroup initiated coverage of Two Harbors Investment with a rating of Neutral and set a new price target of $5.50
RBC Capital reiterated coverage of Two Harbors Investment with a rating of Outperform and set a new price target of $7.00 from $7.50 previously
RBC Capital reiterated coverage of Two Harbors Investment with a rating of Outperform and set a new price target of $7.50 from $7.00 previously
TWO ((Two Harbors Investment Corp., NYSE:TWO), an MSR-focused REIT, today announced that the Board of Directors approved the appointment of Travis Swenson as Chief Financial Officer, with an effective date of May 5, 2025 (the "Effective Date"). Prior to the Effective Date, Mr. Swenson will serve as Deputy Chief Financial Officer and will report to William Dellal, the Company's Interim Chief Financial Officer. Mr. Dellal will resign from his role as of the Effective Date. Prior to joining TWO, Mr. Swenson most recently served as the Chief Financial Officer of Colliers Mortgage Holdings LLC from 2020 to November 2024. Prior to that, Mr. Swenson was the Global Head of Client Accounting Servi
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS REIT, today announced the appointment of James Campbell as Head of Servicing at RoundPoint Mortgage Servicing LLC ("RoundPoint"). The company also announced the appointment of Chris Hurley as Chief Technology Officer. Mr. Campbell was most recently the Head of Servicing at Flagstar Bank, where he was responsible for its servicing platform, including collections, loan administration and default. He handled relationship management with subservicing clients and cultivated an innovative environment to drive creative customer solutions in default servicing. Prior to that, he was Head of Servicing and Post-Closing at Caliber Home Loan
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, today announced the appointment of Sanjiv Das to the company's Board of Directors, effective immediately. Mr. Das has extensive experience in the mortgage industry and currently serves as President of Pagaya Technologies Ltd. (NASDAQ:PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem. "I am very pleased to announce the appointment of Sanjiv to our Board of Directors," stated Stephen G. Kasnet, Chairman of the Board of Directors for Two Harbors. "Sanjiv's depth of experience in mortgage finance, consumer understanding and thought leadershi
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, today announced that Mary Riskey intends to retire from her position as Vice President and Chief Financial Officer of the company. Two Harbors has initiated an external search for a new Chief Financial Officer, and Ms. Riskey plans to continue to serve in her role through August 1, 2024, or until a successor is appointed by the company. "I would like to thank Mary for her many years of unwavering commitment, dedicated service, and outstanding contributions to Two Harbors," stated Bill Greenberg, Two Harbors' President and Chief Executive Officer. "She has been instrumental in our evolution over the
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that the Company's Board of Directors has appointed Hope B. Woodhouse to the Board, effective immediately. Ms. Woodhouse will serve on the Compensation Committee and the Audit Committee. Monro also announced that Frederick Michael ("Mike") Danziger has retired from the Board, effective February 3, 2023. "We appreciate the constructive dialogue with shareholders and are implementing changes to strengthen Monro and improve our corporate governance," said Robert E. Mellor, Chair of the Board and Chair of the Nominating and Corporate Responsibility Committee. "Refreshment remains a pr
Wendy Luscombe to Retire from Board as Part of Ongoing Board Refreshment Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") today announced the appointment of Hope B. Woodhouse to the Company's Board of Trustees (the "Board") and to the Nominating and Corporate Governance Committee of the Board, effective January 10, 2023. Ms. Woodhouse is a seasoned financial executive with substantial experience in the financial services sector having spent over 25 years in executive management roles at top-ranked, global alternative asset management firms and broker dealers. From 2005 to 2009, she served as Chief Operating Officer and as a member of the management committee of Bridgewater Assoc
Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced the appointment of Nicholas (Nick) Letica as Chief Investment Officer to lead the company's Investment and Hedging Strategy. He will report directly to William Greenberg, President and Chief Executive Officer, who previously also held the role of Chief Investment Officer. "I am very pleased to announce the addition of Nick Letica as our new Chief Investment Officer," stated Mr. Greenberg. "With more than three decades of experience as a business and thought leader in the Agency mortgage space, I expect Nick will contribute greatly to our goal of providing attractive risk-adjusted
Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that William Greenberg, the company's President and Chief Executive Officer, has been appointed to also serve as the company's Chief Investment Officer. The company entered into a mutually agreeable Separation and Release Agreement with Matthew Koeppen, pursuant to which Mr. Koeppen will cease to serve as the company's Chief Investment Officer, with immediate effect. William Greenberg has served as President and Chief Executive Officer of Two Harbors since June 2020 and as a Director since September 2020. Mr. Greenberg previously served as Co-Chief Investment Officer from January
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TWO ((Two Harbors Investment Corp, NYSE:TWO), an MSR-focused REIT, announced today that it will release financial results for the quarter ended December 31, 2024 after market close on January 29, 2025. The company will host a conference call and live webcast to review the financial results on January 30, 2025 at 9:00 a.m. ET. Webcast Details The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoinv.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends. Teleconference Details To participate in the call via teleconfere
TWO ((Two Harbors Investment Corp, NYSE:TWO), an MSR-focused REIT, today declared a dividend of $0.45 per share of common stock for the fourth quarter of 2024. The fourth quarter dividend is payable on January 29, 2025 to common stockholders of record at the close of business on January 3, 2025. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment. TWO also declared today the following preferred stock dividends: a dividend of $0.50781 per share of the 8.125% Series A Cumulative Redeemable Preferred Stock; a dividend of $0.47656 per share of
TWO ((Two Harbors Investment Corp., NYSE:TWO), an MSR-focused REIT, today announced that the Board of Directors approved the appointment of Travis Swenson as Chief Financial Officer, with an effective date of May 5, 2025 (the "Effective Date"). Prior to the Effective Date, Mr. Swenson will serve as Deputy Chief Financial Officer and will report to William Dellal, the Company's Interim Chief Financial Officer. Mr. Dellal will resign from his role as of the Effective Date. Prior to joining TWO, Mr. Swenson most recently served as the Chief Financial Officer of Colliers Mortgage Holdings LLC from 2020 to November 2024. Prior to that, Mr. Swenson was the Global Head of Client Accounting Servi
Mortgage Performance Drives Positive Quarterly Return with Stable MSR Spreads TWO ((Two Harbors Investment Corp., NYSE:TWO), an MSR-focused real estate investment trust (REIT), today announced its financial results for the quarter ended September 30, 2024. Quarterly Summary Reported book value of $14.93 per common share, and declared a third quarter common stock dividend of $0.45 per share, representing a 1.3% quarterly economic return on book value. For the first nine months of 2024, generated a 7.0% total economic return on book value.(1) Generated Comprehensive Income of $19.3 million, or $0.18 per weighted average basic common share. Settled $3.3 billion in unpaid principal bala
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, announced today that it will release financial results for the quarter ended September 30, 2024 after market close on October 28, 2024. The company will host a conference call and live webcast to review the financial results on October 29, 2024 at 9:00 a.m. ET. Webcast Details The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoharborsinvestment.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends. Teleconference Details To par
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS REIT, today declared a dividend of $0.45 per share of common stock for the third quarter of 2024. The third quarter dividend is payable on October 29, 2024 to common stockholders of record at the close of business on October 1, 2024. The common stock dividend is a function of several factors, including sustainability, earnings and return potential of the portfolio, taxable income, impact to book value and the market environment. Two Harbors also declared today the following preferred stock dividends: a dividend of $0.50781 per share of the 8.125% Series A Cumulative Redeemable Preferred Stock; a dividend of $0.47656 per shar
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS REIT, today announced the appointment of James Campbell as Head of Servicing at RoundPoint Mortgage Servicing LLC ("RoundPoint"). The company also announced the appointment of Chris Hurley as Chief Technology Officer. Mr. Campbell was most recently the Head of Servicing at Flagstar Bank, where he was responsible for its servicing platform, including collections, loan administration and default. He handled relationship management with subservicing clients and cultivated an innovative environment to drive creative customer solutions in default servicing. Prior to that, he was Head of Servicing and Post-Closing at Caliber Home Loan
Encompass chosen for comprehensive capabilities, configurability, and rapid implementation Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that Two Harbors Investment Corp.(NYSE:TWO) ("Two Harbors"), an MSR + Agency RMBS real estate investment trust, has selected the Encompass® digital mortgage platform to support their new direct-to-consumer recapture originations channel. Part of ICE's end-to-end digital housing finance ecosystem, Encompass is the mortgage industry's leading digital platform for lenders to originate, service, sell and purchase loans faster – all from a single system of record. Since acquiring RoundPoint Mor
Delivered Stable Results Amidst Heightened Volatility Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust (REIT), today announced its financial results for the quarter ended June 30, 2024. Quarterly Summary Reported book value of $15.19 per common share, and declared a second quarter common stock dividend of $0.45 per share, representing a flat quarterly economic return on book value. For the first six months of 2024, generated a 5.8% total economic return on book value.(1) Generated Comprehensive Income of $0.5 million, or $0.00 per weighted average basic common share. Repurchased $10.0 million principal amount of convertible senior notes
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, announced today that it will release financial results for the quarter ended June 30, 2024 after market close on July 30, 2024. The company will host a conference call and live webcast to review the financial results on July 31, 2024 at 9:00 a.m. ET. Webcast Details The conference call will be webcast live and accessible online in the News & Events section of the company's website at www.twoharborsinvestment.com. For those unable to attend, a replay of the webcast will be available on the company's website approximately four hours after the live call ends. Teleconference Details To participat