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Friday, September 29, 2023

Are Things Looking Up For Two Harbors Investment Corp. (NYSE: TWO)?

After Hours

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. After-hours trades for Two Harbors Investment Corp. (TWO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.03, or 0.22%, to $13.96. The Two Harbors Investment Corp. has recorded 263,109 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Two Harbors Investment Corp. Reports Second Quarter 2023 Financial Results.

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Stocks Info

The company is listed on the NYSE and operates within the REIT – Mortgage industry segment. At the end of the last regular session, the stock closed at $13.93 and fluctuated between $14.02 as its day high and $13.72 as its day low. The current market capitalization of Two Harbors Investment Corp. is $1.33B. A total of 0.76 million shares were traded on the day, compared to an average of 894.97K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. 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.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. 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 $19.87 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

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $16.57, while its Total Shareholder’s Equity was $2.74B.

Analysts Opinion

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. 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.

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