Two Harbors Investment Corp (TWO) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 1.86.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for TWO is 102.36M, and currently, short sellers hold a 2.75% ratio of that floaft. The average trading volume of TWO on April 03, 2024 was 1.25M shares.

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TWO) stock’s latest price update

The stock of Two Harbors Investment Corp (NYSE: TWO) has decreased by -1.97 when compared to last closing price of 13.21. Despite this, the company has experienced a -0.54% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-21 that We’re starting with our latest purchase, then moving onto some charts. Our charts help readers track the sector for both common shares and preferred shares. Mortgage REITs and BDCs are included in the charts for comparison based on various metrics such as price-to-book value, dividend yields, and earnings yield.

TWO’s Market Performance

Two Harbors Investment Corp (TWO) has experienced a -0.54% fall in stock performance for the past week, with a 1.49% rise in the past month, and a -7.04% drop in the past quarter. The volatility ratio for the week is 1.68%, and the volatility levels for the past 30 days are at 1.87% for TWO. The simple moving average for the last 20 days is 0.43% for TWO stock, with a simple moving average of -1.53% for the last 200 days.

Analysts’ Opinion of TWO

Many brokerage firms have already submitted their reports for TWO stocks, with UBS repeating the rating for TWO by listing it as a “Neutral.” The predicted price for TWO in the upcoming period, according to UBS is $14.50 based on the research report published on December 06, 2023 of the previous year 2023.

Maxim Group, on the other hand, stated in their research note that they expect to see TWO reach a price target of $19. The rating they have provided for TWO stocks is “Buy” according to the report published on February 10th, 2023.

RBC Capital Mkts gave a rating of “Sector Perform” to TWO, setting the target price at $16 in the report published on November 17th of the previous year.

TWO Trading at 0.74% from the 50-Day Moving Average

After a stumble in the market that brought TWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.24% of loss for the given period.

Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares surge +1.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.07% lower at present.

During the last 5 trading sessions, TWO fell by -0.54%, which changed the moving average for the period of 200-days by -7.10% in comparison to the 20-day moving average, which settled at $12.91. In addition, Two Harbors Investment Corp saw -7.04% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TWO starting from RUSH ROBERT, who sale 3,775 shares at the price of $12.60 back on Feb 27 ’24. After this action, RUSH ROBERT now owns 69,176 shares of Two Harbors Investment Corp, valued at $47,566 using the latest closing price.

VINAR JASON, the Chief Operating Officer of Two Harbors Investment Corp, sale 1,980 shares at $12.60 during a trade that took place back on Feb 27 ’24, which means that VINAR JASON is holding 44,035 shares at $24,948 based on the most recent closing price.

Stock Fundamentals for TWO

Current profitability levels for the company are sitting at:

  • -0.13 for the present operating margin
  • 1.57 for the gross margin

The net margin for Two Harbors Investment Corp stands at 0.58. The total capital return value is set at 0.0. Equity return is now at value -4.83, with -0.80 for asset returns.

Based on Two Harbors Investment Corp (TWO), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 0.04.

Currently, EBITDA for the company is -129.03 million with net debt to EBITDA at 86.41. When we switch over and look at the enterprise to sales, we see a ratio of -12.28. The receivables turnover for the company is -0.57for trailing twelve months and the total asset turnover is -0.02.

Conclusion

In a nutshell, Two Harbors Investment Corp (TWO) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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