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.
| Revenue (Most Recent Fiscal Year) | $450.15M |
| Net Income (Most Recent Fiscal Year) | $298.17M |
| PE Ratio (Current Year Earnings Estimate) | 6.95 |
| PE Ratio (Trailing 12 Months) | 15.03 |
| PEG Ratio (Long Term Growth Estimate) | -- |
| Price to Sales Ratio (Trailing 12 Months) | 2.61 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 0.75 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 9.53 |
| Pre-Tax Margin (Trailing 12 Months) | 11.40% |
| Net Margin (Trailing 12 Months) | 3.50% |
| Return on Equity (Trailing 12 Months) | 8.06% |
| Return on Assets (Trailing 12 Months) | 0.97% |
| Current Ratio (Most Recent Fiscal Quarter) | 1.05 |
| Quick Ratio (Most Recent Fiscal Quarter) | 1.05 |
| Debt to Common Equity (Most Recent Fiscal Quarter) | 0.77 |
| Inventory Turnover (Trailing 12 Months) | -- |
| Book Value per Share (Most Recent Fiscal Quarter) | $14.85 |
| Earnings per Share (Most Recent Fiscal Quarter) | $0.24 |
| Earnings per Share (Most Recent Fiscal Year) | $0.55 |
| Diluted Earnings per Share (Trailing 12 Months) | $-0.51 |
| Exchange | NYSE |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| Common Shares Outstanding | 104.03M |
| Free Float | 103.30M |
| Market Capitalization | $1.16B |
| Average Volume (Last 20 Days) | 1.37M |
| Beta (Past 60 Months) | 1.33 |
| Percentage Held By Insiders (Latest Annual Proxy Report) | 0.70% |
| Percentage Held By Institutions (Latest 13F Reports) | 64.19% |
| Annual Dividend (Based on Last Quarter) | $1.80 |
| Dividend Yield (Based on Last Quarter) | 16.19% |