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The price of Two Harbors Investment Corp (NYSE: TWO) closed at $13.50 in the last session, up 0.45% from day before closing price of $13.44. In other words, the price has increased by $0.45 from its previous closing price. On the day, 0.56 million shares were traded. TWO stock price reached its highest trading level at $13.575 during the session, while it also had its lowest trading level at $13.39.
Ratios:
We take a closer look at TWO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.81. In the meantime, Its Debt-to-Equity ratio is 4.54 whereas as Long-Term Debt/Eq ratio is at 0.59.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $14.50.
Maxim Group Upgraded its Hold to Buy on February 10, 2023, while the target price for the stock was maintained at $19.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when Nicholas Letica bought 6,100 shares for $13.38 per share.
Sandberg Rebecca B sold 4,505 shares of TWO for $57,131 on May 21 ’24. The Chief Legal Officer now owns 112,894 shares after completing the transaction at $12.68 per share. On May 21 ’24, another insider, RISKEY MARY KATHRYN, who serves as the Chief Financial Officer of the company, sold 3,870 shares for $12.68 each. As a result, the insider received 49,078 and left with 79,735 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TWO now has a Market Capitalization of 1398910464 and an Enterprise Value of 10994635776. As of this moment, Two’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.05, and their Forward P/E ratio for the next fiscal year is 7.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 21.164.
Stock Price History:
The Beta on a monthly basis for TWO is 1.87, which has changed by 0.03623748 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, TWO has reached a high of $14.59, while it has fallen to a 52-week low of $9.83. The 50-Day Moving Average of the stock is 1.59%, while the 200-Day Moving Average is calculated to be 3.10%.
Shares Statistics:
According to the various share statistics, TWO traded on average about 992.19K shares per day over the past 3-months and 939620 shares per day over the past 10 days. A total of 103.21M shares are outstanding, with a floating share count of 102.61M. Insiders hold about 0.98% of the company’s shares, while institutions hold 67.99% stake in the company. Shares short for TWO as of 1722384000 were 3144692 with a Short Ratio of 3.17, compared to 1719532800 on 3391537. Therefore, it implies a Short% of Shares Outstanding of 3144692 and a Short% of Float of 4.1300002000000005.
Dividends & Splits
The forward annual dividend rate for TWO is 1.80, which was 1.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.13392857The stock’s 5-year Average Dividend Yield is 14.02.
Earnings Estimates
The stock of Two Harbors Investment Corp (TWO) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.32, with high estimates of $0.49 and low estimates of -$0.06.
Analysts are recommending an EPS of between $1.41 and $0.11 for the fiscal current year, implying an average EPS of $0.75. EPS for the following year is $1.35, with 4.0 analysts recommending between $1.89 and $0.05.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be -$36.93M. It ranges from a high estimate of -$30.4M to a low estimate of -$44M. As of the current estimate, Two Harbors Investment Corp’s year-ago sales were -$9.32MFor the next quarter, 4 analysts are estimating revenue of -$35.31M. There is a high estimate of -$28.9M for the next quarter, whereas the lowest estimate is -$41M.
A total of 4 analysts have provided revenue estimates for TWO’s current fiscal year. The highest revenue estimate was -$139.8M, while the lowest revenue estimate was -$165.42M, resulting in an average revenue estimate of -$152.71M. In the same quarter a year ago, actual revenue was -$162.86MBased on 4 analysts’ estimates, the company’s revenue will be -$116.89M in the next fiscal year. The high estimate is -$83.16M and the low estimate is -$150.73M.