Two Harbors Investment Corp logo

Two Harbors Investment Corp (TWO.PR.C)

Market Closed
25 Jul, 20:00
NYSE NYSE
$
23. 74
-0.03
-0.13%
$
3.13B Market Cap
659 P/E Ratio
2.03% Div Yield
15,653 Volume
0.59 Eps
$ 23.77
Previous Close
Day Range
23.7 23.81
Year Range
22.25 25.2
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Summary

TWO.PR.C closed Friday lower at $23.74, a decrease of 0.13% from Thursday's close, completing a monthly decrease of -0.34% or $0.08. Over the past 12 months, TWO.PR.C stock lost -4.12%.
TWO.PR.C is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on NYSE (USD).

TWO.PR.C Chart

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Two Harbors Investment Corp Dividends

TWO.PR.C is not paying dividends to its shareholders.

Two Harbors Investment Corp Earnings

TWO.PR.C have yet to publish their earning reports.
TWO.PR.C is not paying dividends to its shareholders.
TWO.PR.C have yet to publish their earning reports.

Two Harbors Investment Corp (TWO.PR.C) FAQ

What is the stock price today?

The current price is $23.74.

On which exchange is it traded?

Two Harbors Investment Corp is listed on NYSE.

What is its stock symbol?

The ticker symbol is TWO.PR.C.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 2.03%.

What is its market cap?

As of today, the market cap is 3.13B.

Has Two Harbors Investment Corp ever had a stock split?

No, there has never been a stock split.

Two Harbors Investment Corp Profile

REIT—Mortgage Industry
Real Estate Sector
Mr. William Ross Greenberg CEO
NYSE Exchange
- ISIN
United States Country
466 Employees
29 Jul 2024 Last Dividend
- Last Split
29 Oct 2009 IPO Date

Overview

Two Harbors Investment Corp. is a distinguished entity that has its foundation laid on investing in, financing, and managing an array of financial assets within the United States, with a special focus on mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other significant financial assets. It carries out these operations primarily through its conduit, RoundPoint. Established in 2009, Two Harbors operates from its headquarters located in St. Louis Park, Minnesota. Distinguished by its status as a Real Estate Investment Trust (REIT), Two Harbors is mandated by federal income tax requisites to distribute a minimum of 90% of its annual taxable income directly to its shareholders, effectively leveraging tax efficiency to enhance shareholders' value.

Products and Services

  • Agency Residential Mortgage-Backed Securities (RMBS)
  • This comprises investments in securities that are collateralized by residential mortgage loans. These can include an array of loans such as fixed-rate, adjustable-rate, and hybrid mortgage loans. The focus on agency RMBS implies these securities are issued by government-sponsored entities, which typically offer a degree of credit risk protection.

  • Mortgage Servicing Rights (MSRs)
  • MSRs represent a critical component of Two Harbors' investment strategy, entailing rights to service mortgages, collecting interest, principal, and escrow payments. Managing MSRs involves focusing on financial assets that allow Two Harbors to engage in lucrative servicing and subservicing opportunities, fostering asset growth and sustainability.

  • Non-Agency Securities and Non-Hedging Transactions
  • Apart from its primary focus, Two Harbors also diversifies its portfolio through investments in non-agency securities and engages in non-hedging transactions. These financial assets and transactions do not fall under the umbrella of government agency securities, potentially offering higher yields albeit at an elevated risk level.

  • Other Financial and Mortgage-Related Assets
  • Exploring a broad spectrum of financial opportunities, Two Harbors also allocates resources to a variety of financial and mortgage-related assets beyond its cornerstone investments. This includes but is not limited to, derivatives and other complex financial instruments designed to optimize returns and mitigate risk.

Contact Information

Address: 1601 Utica Avenue South
Phone: 612 453 4100