Two Harbors Investment Corp. (TWO) Stock Price

TWOStock

$0.00−15.76%52W

Market Cap—

P/E3.72x

PEG Ratio2.76

Div yield11.25%

Beta-0.16

TWO Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-2.40%

Price vs S&P 500 (4W)-2.39%

PEG Ratio2.76

VGM Score52.88

P/E Ratio (Annual)3.72x

Indicated Dividend Yield (Annual)11.25%

P/CF (Annual)14.40x

Book Value / Share (Quarterly)$16.60

P/TBV (Annual)0.90x

Indicated Dividend (Annual)$1.14

Revenue Growth (3Y)-6.73%

Cash Flow / Share (Quarterly)$1.21

Payout Ratio (TTM)138.23%

Price vs S&P 500 (YTD)4.04%

Gross Margin (TTM)46.63%

Net Profit Margin (TTM)-2.76%

EPS (TTM)$-0.22

10-Day Avg Trading Volume4.20M

EPS Excl Extra (TTM)$-0.22

Revenue Growth (5Y)-1.54%

EPS (Annual)$-4.36

Dividend / Share (Annual)$2.13

ROI (Annual)-4.39%

Gross Margin (Annual)18.58%

Net Profit Margin (5Y Avg)2.06%

Cash / Share (Quarterly)$6.11

Revenue Growth QoQ (YoY)70.82%

EPS Growth (5Y)-11.42%

P/E Normalized (Annual)3.72x

ROA (Last FY)-4.18%

Revenue Growth TTM (YoY)17.66%

EBITD / Share (TTM)$-0.05

ROE (5Y Avg)0.14%

Operating Margin (TTM)-0.62%

Cash Flow / Share (Annual)$0.85

P/B Ratio0.73x

P/B Ratio (Quarterly)0.75x

Net Income / Employee (Annual)$-934,800

EV / Revenue (TTM)9.23x

ROA (TTM)-0.21%

EPS Growth QoQ (YoY)-94.24%

EV / EBITDA (TTM)27.23x

EPS Incl Extra (Annual)$-4.36

Current Ratio (Annual)0.16x

Quick Ratio (Quarterly)0.14x

3-Month Avg Trading Volume2.56M

52-Week Price Return-15.76%

EV / Free Cash Flow (Annual)81.61x

Revenue / Employee (TTM)$1,617,300

Tangible BV / Share (Quarterly)$88.43

P/S Ratio (Annual)2.07x

Asset Turnover (Annual)0.06x

52-Week High$14.17

Operating Margin (5Y Avg)6.69%

EPS Excl Extra (Annual)$-4.36

Tangible BV CAGR (5Y)-9.37%

26-Week Price Return8.85%

Quick Ratio (Annual)0.16x

13-Week Price Return-2.56%

Total Debt / Equity (Annual)4.79x

Current Ratio (Quarterly)0.14x

Enterprise Value$7.26B

Revenue / Share Growth (5Y)-11.33%

Asset Turnover (TTM)0.08x

Book Value / Share Growth (5Y)-17.79%

Revenue / Employee (Annual)$1,272,900

Pretax Margin (Annual)-72.00%

Cash / Share (Annual)$8.04

3-Month Return Std Dev7.14%

Gross Margin (5Y Avg)36.29%

Net Income / Employee (TTM)$-44,600

EBITDA CAGR (5Y)2.12%

EBITDA Interim CAGR (5Y)-32.67%

ROE (Last FY)-25.41%

EPS Basic Excl Extra (Annual)$-4.36

P/FCF (TTM)3.49x

Receivables Turnover (TTM)26.24x

EV / Free Cash Flow (TTM)57.04x

Total Debt / Equity (Quarterly)3.79x

EPS Incl Extra (TTM)$-0.22

Receivables Turnover (Annual)19.78x

ROI (TTM)-0.22%

Dividend Growth Rate (5Y)-12.03%

P/S Ratio (TTM)1.63x

Pretax Margin (5Y Avg)6.69%

Revenue / Share (Annual)$5.94

Tangible BV / Share (Annual)$88.43

Forward P/E10.60x

Free OCF CAGR (5Y)-32.44%

Price vs S&P 500 (52W)-25.59%

Year-to-Date Return16.00%

5-Day Price Return1.58%

EPS Normalized (Annual)$-4.36

ROA (5Y Avg)0.13%

Net Profit Margin (Annual)-73.44%

Month-to-Date Return0.74%

EBITD / Share (Annual)$-4.28

EPS Growth (3Y)1.62%

Operating Margin (Annual)-72.00%

LT Debt / Equity (Annual)0.72x

P/CF (TTM)10.07x

ROI (5Y Avg)0.15%

LT Debt / Equity (Quarterly)0.56x

EPS Basic Excl Extra (TTM)$-0.22

P/TBV (Quarterly)0.90x

Payout Ratio (Annual)78.83%

P/B Ratio (Annual)0.62x

Dividend / Share (TTM)$1.92

Pretax Margin (TTM)-0.62%

Book Value / Share (Annual)$17.06

Price vs S&P 500 (13W)-5.35%

Dividend Yield (TTM)15.70%

Beta-0.16x

P/FCF (Annual)14.40x

Revenue / Share (TTM)$7.46

ROE (TTM)-1.23%

52-Week Low$8.78

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TWO Earnings Surprise History

Quarter	Report date	EPS estimate	EPS actual	Surprise
Q2 2026	Jul 28, 2026	$0.28	$0.28	+0.58%(+$0.00)
Q1 2026	Apr 28, 2026	$0.27	$0.34	+26.77%(+$0.07)
Q4 2025	Feb 2, 2026	$0.37	$0.26	-29.84%(-$0.11)
Q3 2025	Oct 27, 2025	$0.36	$0.36	-1.36%(-$0.01)
Q2 2025	Jul 28, 2025	$0.36	$0.28	-21.24%(-$0.08)

TWO Analyst Recommendations

Jun 2026

Jul 2026

Aug 2026

Sep 2026

2.56

Industry Peers — REITs(228)

Symbol	Value Score	Growth Score	Momentum Score	P/E Ratio (Annual)	Indicated Dividend Yield (Annual)	ROE (TTM)	P/B Ratio (Quarterly)	Price
TWOTwo Harbors Investment Corp.	B	D	C	3.7x	11.2%	-1.2%	0.7x	$0.00
WELLWelltower Inc.	F	B	B	184.4x	1.2%	3.6%	3.5x	$234.85
PLDPROLOGIS, INC.	D	B	D	36.6x	3.1%	7.9%	2.3x	$125.75
EQIXEquinix, Inc. Common Stock REIT	D	B	C	72.1x	2.1%	10.8%	7.1x	$985.98
AMTAmerican Tower Corporation	D	C	B	34.1x	3.3%	91.6%	20.5x	$185.27
SPGSimon Property Group, Inc.	D	B	B	14.4x	6.3%	109.7%	16.4x	$205.44
DLRDigital Realty Trust, Inc.	D	C	C	49.9x	3.6%	3.3%	2.3x	$175.97
PSAPublic Storage	D	C	C	31.2x	4.7%	22.1%	6.1x	$298.31
ORealty Income Corporation	D	B	C	50.1x	5.7%	3.2%	1.5x	$56.08
VMRKVivmark Residential	D	D	C	42.3x	4.3%	8.1%	2.4x	$61.26
VTRVentas, Inc.	D	C	B	179.1x	4.0%	1.9%	2.8x	$85.86
CCICrown Castle Inc.	D	D	B	78.8x	6.0%	21.0%	9.7x	$82.26
IRMIron Mountain Inc.	D	B	C	231.7x	4.1%	85.2%	1254.3x	$112.51
EXRExtra Space Storage, Inc.	D	C	C	30.3x	5.1%	7.1%	2.3x	$139.61
VICIVICI Properties Inc. Common Stock	B	C	D	9.4x	5.8%	9.8%	1.0x	$23.60
EQREquity Residential	D	D	C	46.2x	4.3%	8.1%	2.4x	$63.66
SBACSBA Communications Corp	D	C	C	18.8x	1.5%	-1.7%	82.5x	$187.06
ESSEssex Property Trust, Inc	D	D	C	25.9x	4.3%	7.5%	3.5x	$269.43
HSTHost Hotels & Resorts, Inc.	C	B	B	21.5x	4.1%	15.5%	2.5x	$23.97
KIMKimco Realty Corp.	C	C	C	26.3x	5.1%	5.8%	1.7x	$22.91
LAMRLamar Advertising Co	C	C	B	26.0x	5.1%	55.7%	16.1x	$150.10
SUISun Communities, Inc	C	C	C	10.5x	3.0%	-12.7%	2.6x	$118.08
WPCW.P. Carey Inc. (REIT)	C	C	C	32.3x	5.1%	7.8%	1.8x	$65.14
OHIOmega Healthcare Investors Inc.	D	B	B	23.4x	8.4%	16.5%	2.6x	$45.64
WYWeyerhaeuser Company	C	D	D	44.3x	3.4%	5.0%	1.8x	$19.61
MAAMid-America Apartment Communities, Inc.	C	C	D	30.3x	4.6%	7.2%	3.0x	$116.63
NLYAnnaly Capital Management. Inc.	C	A	D	6.8x	14.8%	18.4%	1.0x	$18.23
REGRegency Centers Corporation	D	B	C	25.4x	4.4%	8.1%	2.1x	$73.24
DOCHealthpeak Properties, Inc.	C	C	C	188.0x	8.2%	3.2%	1.9x	$18.98
AMHAMERICAN HOMES 4 RENT	D	C	C	24.8x	2.4%	6.9%	1.8x	$31.28
UDRUDR, Inc.	C	B	C	29.1x	5.0%	16.3%	4.4x	$34.26
ELSEquity Lifestyle Properties, Inc.	D	C	C	30.7x	2.6%	22.9%	7.1x	$61.21
GLPIGaming and Leisure Properties, Inc.	C	C	C	13.8x	6.5%	20.6%	2.5x	$39.28
AHRAmerican Healthcare REIT, Inc.	D	C	B	167.4x	1.8%	3.7%	2.7x	$53.23
BXPBXP, Inc.	C	C	D	34.1x	7.3%	5.8%	2.1x	$59.20
EGPEastGroup Properties Inc.	D	B	C	41.0x	2.9%	8.6%	3.0x	$196.37
AGNCAGNC Investment Corp. Common Stock	C	A	D	6.2x	16.5%	18.7%	1.0x	$8.72
CPTCamden Property Trust	D	C	C	34.7x	4.5%	7.8%	3.0x	$98.59
FRTFederal Realty Investment Trust	C	C	C	22.6x	4.7%	13.3%	3.2x	$106.32
JANJanus Living, Inc.	C	D	C	1408.8x	2.1%	0.5%	2.2x	$29.05
CUBECubeSmart	C	C	C	26.3x	5.1%	12.4%	3.5x	$38.99
RHPRyman Hospitality Properties, Inc	C	B	B	35.3x	4.1%	36.4%	10.8x	$125.98
CTRECareTrust REIT, Inc	D	B	C	26.9x	4.9%	8.5%	2.1x	$36.55
BRXBRIXMOR PROPERTY GROUP INC.	C	C	C	22.0x	5.1%	14.4%	3.2x	$27.66
REXRREXFORD INDUSTRIAL REALTY, INC.	C	C	C	38.7x	3.2%	-4.7%	1.0x	$36.84
ADCAgree Realty Corporation	D	B	C	40.8x	5.1%	3.6%	1.4x	$67.04
LINELineage, Inc. Common Stock	B	D	D	—	5.1%	-2.1%	1.2x	$33.28
FRFirst Industrial Realty Trust, Inc.	D	B	C	32.5x	2.9%	13.4%	2.9x	$58.76
NNNNNN REIT, Inc.	C	C	C	20.5x	5.7%	8.7%	2.0x	$41.54
AREAlexandria Real Estate Equities, Inc.	B	D	D	—	4.7%	-6.5%	0.6x	$41.62
STAGSTAG INDUSTRIAL, INC.	D	C	D	25.3x	4.1%	6.9%	2.0x	$35.83

About Two Harbors Investment Corp.

Two Harbors Investment Corp is a mortgage REIT investing primarily in residential mortgage-backed securities and mortgage servicing rights. Revenue comes from net interest spreads on agency and non-agency RMBS, mortgage servicing fees, and loan origination activities. The company's returns are subject to interest rate, prepayment, and basis risks.