Two Harbors Investment Statistics
Total Valuation
TWO has a market cap or net worth of $1.05 billion. The enterprise value is $10.25 billion.
Important Dates
The last earnings date was Monday, July 28, 2025, after market close.
| Earnings Date | Jul 28, 2025 |
| Ex-Dividend Date | Jul 3, 2025 |
Share Statistics
TWO has 104.13 million shares outstanding. The number of shares has decreased by -1.10% in one year.
| Current Share Class | 104.13M |
| Shares Outstanding | 104.13M |
| Shares Change (YoY) | -1.10% |
| Shares Change (QoQ) | +0.10% |
| Owned by Insiders (%) | 0.74% |
| Owned by Institutions (%) | 72.20% |
| Float | 103.32M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 7.51 |
| PS Ratio | 4.07 |
| Forward PS | n/a |
| PB Ratio | 0.82 |
| P/TBV Ratio | 0.82 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 3.79 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 39.78 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.17, with a Debt / Equity ratio of 5.40.
| Current Ratio | 0.17 |
| Quick Ratio | 0.14 |
| Debt / Equity | 5.40 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -14.69%.
| Return on Equity (ROE) | -14.69% |
| Return on Assets (ROA) | -2.32% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Revenue Per Employee | $540,325 |
| Profits Per Employee | -$734,973 |
| Employee Count | 477 |
| Asset Turnover | 0.02 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TWO has paid $22.51 million in taxes.
| Income Tax | 22.51M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -24.78% in the last 52 weeks. The beta is 1.29, so TWO's price volatility has been higher than the market average.
| Beta (5Y) | 1.29 |
| 52-Week Price Change | -24.78% |
| 50-Day Moving Average | 10.35 |
| 200-Day Moving Average | 11.70 |
| Relative Strength Index (RSI) | 49.40 |
| Average Volume (20 Days) | 1,939,278 |
Short Selling Information
The latest short interest is 8.19 million, so 7.87% of the outstanding shares have been sold short.
| Short Interest | 8.19M |
| Short Previous Month | 7.79M |
| Short % of Shares Out | 7.87% |
| Short % of Float | 7.93% |
| Short Ratio (days to cover) | 3.40 |
Income Statement
In the last 12 months, TWO had revenue of $257.74 million and -$350.58 million in losses. Loss per share was -$3.38.
| Revenue | 257.74M |
| Gross Profit | 243.68M |
| Operating Income | -75.40M |
| Pretax Income | 166.19M |
| Net Income | -350.58M |
| EBITDA | n/a |
| EBIT | n/a |
| Loss Per Share | -$3.38 |
Full Income StatementBalance Sheet
The company has $975.05 million in cash and $10.18 billion in debt, giving a net cash position of -$9.20 billion or -$88.38 per share.
| Cash & Cash Equivalents | 975.05M |
| Total Debt | 10.18B |
| Net Cash | -9.20B |
| Net Cash Per Share | -$88.38 |
| Equity (Book Value) | 1.89B |
| Book Value Per Share | 12.34 |
| Working Capital | -7.55B |
Full Balance SheetCash Flow
| Operating Cash Flow | 277.05M |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 94.55%, with operating and profit margins of -29.25% and -116.34%.
| Gross Margin | 94.55% |
| Operating Margin | -29.25% |
| Pretax Margin | -107.61% |
| Profit Margin | -116.34% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.56, which amounts to a dividend yield of 15.46%.
| Dividend Per Share | $1.56 |
| Dividend Yield | 15.46% |
| Dividend Growth (YoY) | -3.33% |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 1.10% |
| Shareholder Yield | 16.56% |
| Earnings Yield | -33.37% |
| FCF Yield | n/a |
Dividend DetailsAnalyst Forecast
The average price target for TWO is $12.94, which is 28.25% higher than the current price. The consensus rating is "Buy".
| Price Target | $12.94 |
| Price Target Difference | 28.25% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on November 2, 2022. It was a reverse split with a ratio of 1:4.
| Last Split Date | Nov 2, 2022 |
| Split Type | Reverse |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 3 |