15.6 C
New York
Friday, September 29, 2023

What Are The Chances Of Two Harbors Investment Corp. (NYSE: TWO) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Two Harbors Investment Corp. (TWO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.15, or 1.12%, to $13.53. The Two Harbors Investment Corp. has recorded 22,891 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Two Harbors Investment Corp. Reports Second Quarter 2023 Financial Results.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Stocks Info

As a NYSE listed company, TWO falls under the Real Estate sector while operating within the REIT – Mortgage industry segment. The current market capitalization of Two Harbors Investment Corp. is $1.28B. A total of 0.6 million shares were traded on the day, compared to an average of 913.71K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, TWO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 14 BUYs and 23 SELLs from insiders. Insiders purchased 231,046 shares during that period but sold 61,033.

In the most recent transaction, LETICA NICHOLAS sold 8,653 shares of TWO for 12.96 per share on Aug 16. After the transaction, the Vice Pres. & Chief Inv. Off. now owns 77,693 company shares. In a previous transaction on May 22, GREENBERG WILLIAM ROSS sold 8,741 shares at 12.33 per share. TWO shares that President and CEO owns now total 169,561.

Among the insiders who sold shares, Sandberg Rebecca B disposed of 4,175 shares on May 22 at a per-share price of $12.33. This resulted in the General Counsel and Secretary holding 93,691 shares of TWO after the transaction. In another insider transaction, RISKEY MARY KATHRYN sold 3,755 shares at $12.33 per share on May 22. Company shares held by the Chief Financial Officer now total 64,391.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. TWO’s most recent ex-dividend date was 7/3/2023 when it declared a $0.45 quarterly dividend that was paid in cash on 7/28/2023. Previously, the company paid the dividend on 4/28/2023 with an ex-dividend date of 4/3/2023. The TWO stock dividend was $0.60 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for TWO in the last 3 months, the mean price target is $14.50 with high estimates of $16.00 and low estimates of $13.50. In terms of 52-week highs and lows, TWO has a high of $20.14 and a low of $11.57.

As of this writing, TWO has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.57 per share and a lower estimate of $0.44. The company reported an EPS of $0.09 in the last quarter, which was -89.50% lower than expectations of $0.86.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $16.57, while its Total Shareholder’s Equity was $2.74B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TWO is Buy with a score of 3.57.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles