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After finishing at $13.88 in the prior trading day, Two Harbors Investment Corp (NYSE: TWO) closed at $13.04, down -6.05%. In other words, the price has decreased by -$6.05 from its previous closing price. On the day, 1.99 million shares were traded. TWO stock price reached its highest trading level at $13.3801 during the session, while it also had its lowest trading level at $13.02.
Ratios:
Our goal is to gain a better understanding of TWO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.68. 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, Janney on August 16, 2024, initiated with a Buy rating and assigned the stock a target price of $15.
On June 07, 2024, UBS Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $14.50.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $14.50.UBS initiated its Neutral rating on December 06, 2023, with a $14.50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1351243904 and an Enterprise Value of 10953187328. As of this moment, Two’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.75, and their Forward P/E ratio for the next fiscal year is 7.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 21.084.
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 -4.87%, while the 200-Day Moving Average is calculated to be -1.15%.
Shares Statistics:
The stock has traded on average 972.72K shares per day over the past 3-months and 1506090 shares per day over the last 10 days, according to various share statistics. 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 66.50% stake in the company. Shares short for TWO as of 1726185600 were 3222248 with a Short Ratio of 3.31, 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
In the trailing 12 months, TWO’s forward annual dividend rate was 1.8, compared to 2.25 this year. Against a Trailing Annual Dividend Yield of 0.13402829The stock’s 5-year Average Dividend Yield is 14.01.
