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The closing price of Two Harbors Investment Corp (NYSE: TWO) was $12.82 for the day, down -1.61% from the previous closing price of $13.03. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 1.42 million shares were traded. TWO stock price reached its highest trading level at $13.07 during the session, while it also had its lowest trading level at $12.775.
Ratios:
Our analysis of TWO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.62. In the meantime, Its Debt-to-Equity ratio is 4.54 whereas as Long-Term Debt/Eq ratio is at 0.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Compass Point on October 03, 2024, initiated with a Buy rating and assigned the stock a target price of $15.75.
On August 16, 2024, Janney started tracking the stock assigning a Buy rating and target price of $15.
UBS Upgraded its Neutral to Buy on June 07, 2024, while the target price for the stock was maintained at $14.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 28 ’24 when David B. Hughes bought 3,082 shares for $13.96 per share.
LETICA NICHOLAS sold 8,654 shares of TWO for $117,954 on Aug 16 ’24. The Chief Investment Officer now owns 105,644 shares after completing the transaction at $13.63 per share. On Aug 16 ’24, another insider, Nicholas Letica, who serves as the Officer of the company, bought 6,100 shares for $13.38 each.
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 1328446848 and an Enterprise Value of 10930390016. As of this moment, Two’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.13, and their Forward P/E ratio for the next fiscal year is 7.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 21.04.
Stock Price History:
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 -6.13%, while the 200-Day Moving Average is calculated to be -2.63%.
Shares Statistics:
TWO traded an average of 991.93K shares per day over the past three months and 1332900 shares per day over the past ten days. A total of 103.21M shares are outstanding, with a floating share count of 102.52M. Insiders hold about 1.07% of the company’s shares, while institutions hold 66.36% stake in the company. Shares short for TWO as of 1726185600 were 3222248 with a Short Ratio of 3.25, compared to 1723680000 on 2890574. Therefore, it implies a Short% of Shares Outstanding of 3222248 and a Short% of Float of 4.2299999999999995.
Dividends & Splits
With its trailing 12-month dividend rate of 1.8, TWO has a forward annual dividend rate of 1.80. Against a Trailing Annual Dividend Yield of 0.13814275The stock’s 5-year Average Dividend Yield is 14.01.
