Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $9.31 USD
Change Today -0.05 / -0.53%
Volume 1.7M
TWO On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

two harbors investment corp (TWO) Snapshot

Open
$9.34
Previous Close
$9.36
Day High
$9.35
Day Low
$9.24
52 Week High
03/23/15 - $11.00
52 Week Low
08/24/15 - $8.00
Market Cap
3.4B
Average Volume 10 Days
2.6M
EPS TTM
$1.53
Shares Outstanding
367.5M
EX-Date
06/26/15
P/E TM
6.1x
Dividend
$1.04
Dividend Yield
11.17%
Current Stock Chart for TWO HARBORS INVESTMENT CORP (TWO)

two harbors investment corp (TWO) Related Businessweek News

No Related Businessweek News Found

two harbors investment corp (TWO) Details

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, commercial real estate debt and related assets, and other financial assets. The company’s target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and non-agency RMBS collateralized by prime mortgage loans, Alt-A mortgage loans, pay-option ARM mortgage loans, and subprime mortgage loans. Its target assets also comprise prime nonconforming and credit sensitive residential mortgage loans; and other assets, such as asset backed securities and certain non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in New York, New York.

two harbors investment corp (TWO) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

two harbors investment corp (TWO) Key Developments

Two Harbors Investment Corp. Appoints Jeffrey Hurley as Managing Director and Chief Technology Officer

Two Harbors Investment Corp. announced the appointment of Jeffrey Hurley as Managing Director and Chief Technology Officer. Mr. Hurley has over 25 years of experience in technology management and has held leadership positions with Canada Pension Plan Investment Board, Nomura Holdings and various Fortune 500 companies including The Walt Disney Company, Cendant, H&R Block and Lehman Brothers. Prior to joining the company, Mr. Hurley served as Managing Director, Head of Technology, at the Canada Pension Plan Investment Board since 2011. In this role, Mr. Hurley was responsible for leading the Information Technology department, working with Capital Markets, Private Investments and Real Estate teams in Toronto, New York, London, Hong Kong and San Paulo. From 2004 to 2011, Mr. Hurley served as an Executive Director, Fixed Income Technology at Nomura Holdings. Prior to his time at Nomura Holdings, Mr. Hurley served in a variety of leadership roles with various Fortune 500 companies, including The Walt Disney Company, Cendant, H&R Block and Lehman Brothers.

The Circuit Court for Baltimore City, Maryland Preliminarily Approves the Settlement Entered into by Two Harbors Investment Corp

On July 16, 2015, the Circuit Court for Baltimore City, Maryland preliminarily approved the terms of a proposed settlement entered into by Two Harbors Investment Corp., certain members of the company’s Board of Directors, and the plaintiff in the case captioned Orlando verses Two Harbors Investment Corp., Case No. 24-C-15-001765. The settlement remains subject final approval by the Circuit Court.

Two Harbors Investment Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Two Harbors Investment Corp. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total interest income of $152.529 million against $140.149 million a year ago. Net interest income was $117.500 million against $115.199 million a year ago. Income from continuing operations before income taxes was $214.544 million against $39.657 million a year ago. Net income was $221.501 million or $0.60 per basic and diluted share against $387.621 million or $0.11 per basic and diluted share a year ago. Core earnings were $80.157 million or $0.22 per diluted share against $89.671 million or $0.24 per diluted share a year ago. Core earnings before income taxes were $80.6 million against $91.1 million a year ago. Return on book value for the quarter ended June 30, 2015 is defined as the decrease in book value from March 31, 2015 to June 30, 2015 of $0.27. For the six months, the company reported total interest income of $315.498 million against $278.684 million a year ago. Net interest income was $246.966 million against $227.656 million a year ago. Income from continuing operations before income taxes was $298.680 million against loss from continuing operations before income taxes of $46.650 million a year ago. Net income was $316.294 million or $0.86 per basic and diluted share against $10.512 million or $0.03 per diluted share a year ago. Core earnings were $174.232 million or $0.48 per diluted share against $177.874 million or $0.49 per diluted share a year ago. Return on book value for the six months ended June 30, 2015 is defined as the decrease in book value from December 31, 2014 to June 30, 2015 of $0.29.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TWO:US $9.31 USD -0.05

TWO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Capital Ltd $13.65 USD -0.05
Blackstone Mortgage Trust Inc $27.28 USD -0.25
Colony Capital Inc $21.40 USD -0.04
MFA Financial Inc $6.97 USD -0.08
New Residential Investment Corp $14.03 USD -0.11
View Industry Companies
 

Industry Analysis

TWO

Industry Average

Valuation TWO Industry Range
Price/Earnings 7.3x
Price/Sales 4.3x
Price/Book 0.9x
Price/Cash Flow 7.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TWO HARBORS INVESTMENT CORP, please visit www.twoharborsinvestment.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.