Inside the research
Two Harbors Investment Corp
TWO Research profile · latest available data
Price overview
$12.18
▲ +0.13 (+1.1%)
| 52w hi | $13.30 |
|---|---|
| 52w lo | $8.40 |
| Vol | 19.38M |
| As of | 24 Aug 2026 |
The Verdict
Our score +0.47
| Short | +0.97 |
|---|---|
| Medium | +0.21 |
| Long | -0.03 |
computed 2026-09-27
Key fundamentals
Two Harbors Investment Corp
Real Estate · REIT - Mortgage
| Market cap | $1.28B |
|---|---|
| Enterprise value | $7.65B |
| Forward P/E | 10.34x |
| P / S (ttm) | 2.00x |
| Profit margin | -3.4% |
| Return on equity | -1.2% |
| Revenue growth | +620.2% |
| Debt / equity | 379.40 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.23 | |
| Sector | -0.04 | |
| Technical | +0.06 | |
| Earnings | +0.00 | |
| Sentiment | +0.94 |
macro × 1.00 · 2026-09-27
Business overview
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, comprising non-agency securities and non-hedging transactions. It qualifies as a REIT for federal income tax purposes. The company was incorporated in 2009 and is headquartered in Saint Louis Park, Minnesota. As of August 25, 2026, Two Harbors Investment Corp. operates as a subsidiary of CrossCountry Mortgage, LLC.
Risk Metrics
| Beta vs SPX | 0.61 |
|---|---|
| Corr SPX | 0.28 |
| Annual vol | 34.6% |
| Annual ret | -0.1% |
| Sharpe | -0.00 |
| Max DD | -37.2% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-03 | Reg FD Disclosure | read |
| 2026-07-28 | Earnings Release, Exhibits | read |
| 2026-07-06 | Shareholder Vote, Other Material Event… | read |
| 2026-06-23 | Other Material Event, Exhibits | read |
| 2026-06-08 | Other Material Event | read |
| 2026-05-28 | Other Material Event, Exhibits | read |
| 2026-05-19 | Other Material Event, Exhibits | read |
| 2026-05-15 | Other Material Event, Exhibits | read |
| 2026-05-14 | Other Material Event | read |
| 2026-05-08 | Material Agreement, Other Material Event… | read |
| 2026-04-29 | Material Agreement, Other Material Event… | read |
| 2026-04-28 | Earnings Release, Exhibits | read |
SEC Filings
| Date | Form | Doc |
|---|---|---|
| 2026-08-03 | 8-K | view |
| 2026-07-29 | 10-Q | view |
| 2026-07-28 | 8-K | view |
| 2026-07-06 | 8-K | view |
| 2026-06-23 | DEFA14A | view |
| 2026-06-23 | 8-K | view |
| 2026-06-22 | DEFA14A | view |
| 2026-06-18 | DEFA14A | view |
| 2026-06-15 | DEFA14A | view |
| 2026-06-15 | DEFA14A | view |
| 2026-06-15 | DEFA14A | view |
| 2026-06-08 | DEFA14A | view |
| 2026-06-08 | DEFA14A | view |
| 2026-06-08 | 8-K | view |
| 2026-06-03 | DEFA14A | view |
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Net income | -$454.30M | +117.3% | |
| Cash from ops | $88.92M | +9.4% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Aug 24 | $12.18 | $12.19 | $12.17 | $12.18 | 19.38M |
| Aug 21 | $12.02 | $12.06 | $12.02 | $12.05 | 3.59M |
| Aug 20 | $12.01 | $12.04 | $12.00 | $12.04 | 2.14M |
| Aug 19 | $12.03 | $12.03 | $12.00 | $12.01 | 1.48M |
| Aug 18 | $12.04 | $12.04 | $11.99 | $11.99 | 2.02M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →