Two Harbors Investment Corp. (TWO)
Two Harbors Investment Corp. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in Saint Louis Park, MN, US. The stock last traded at $12.18, up 1.08% on the session, giving a market capitalisation of $1.28B. On trailing twelve-month figures it carries a trailing P/E of -16.79, a net margin of -2.5%. Its beta of 1.05 implies it has historically moved more than the broad market.
Two Harbors Investment Corp. (TWO) operates as a Real Estate Investment Trust (REIT) with a strategic focus on the U.S. mortgage market. The firm is actively involved in acquiring, funding, and overseeing a diverse portfolio of financial instruments, primarily residential mortgage-backed securities (RMBS). This portfolio encompasses both agency RMBS – which are often backed by fixed-rate, adjustable-rate, and hybrid adjustable-rate mortgage loans – as well as non-agency securities, mortgage servicing rights (MSRs), and other related financial assets. Being structured as a REIT grants the company specific federal income tax advantages, contingent on distributing a minimum of 90% of its annual taxable earnings to its shareholders. Established in 2009, Two Harbors Investment Corp. maintains its corporate headquarters in Minnetonka, Minnesota.
Two Harbors Investment Corp. is most often compared with the following Real Estate names: