About
About Two Harbors Investment Corp
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), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.
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5 years, 5 months ago
Two Harbors Investment Corp is currently in a long term uptrend where the price is trading 9.6% above its 200 day moving average.
From a valuation standpoint, the stock is 58.2% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 2.7.
Two Harbors Investment Corp's total revenue rose by 58.9% to $233M since the same quarter in the previous year.
Its net income has increased by 56.7% to $211M since the same quarter in the previous year.
Finally, its free cash flow fell by 9.2% to $-81M since the same quarter in the previous year.
Based on the above factors, Two Harbors Investment Corp gets an overall score of 4/5.