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Upturn AI SWOT - About
TWO 
Two Harbors Investments Corp (TWO)
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Upturn Advisory Summary
10/14/2025: TWO (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $11.57
1 Year Target Price $11.57
| 3 | Strong Buy |
| 2 | Buy |
| 5 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 3.78% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.03B USD | Price to earnings Ratio - | 1Y Target Price 11.57 |
Price to earnings Ratio - | 1Y Target Price 11.57 | ||
Volume (30-day avg) 10 | Beta 1.31 | 52 Weeks Range 9.17 - 12.84 | Updated Date 10/14/2025 |
52 Weeks Range 9.17 - 12.84 | Updated Date 10/14/2025 | ||
Dividends yield (FY) 17.79% | Basic EPS (TTM) -3.4 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -116.34% | Operating Margin (TTM) -243.3% |
Management Effectiveness
Return on Assets (TTM) -2.32% | Return on Equity (TTM) -14.69% |
Valuation
Trailing PE - | Forward PE 7.43 | Enterprise Value 10832480256 | Price to Sales(TTM) 3.99 |
Enterprise Value 10832480256 | Price to Sales(TTM) 3.99 | ||
Enterprise Value to Revenue 30.63 | Enterprise Value to EBITDA - | Shares Outstanding 104154713 | Shares Floating 103309807 |
Shares Outstanding 104154713 | Shares Floating 103309807 | ||
Percent Insiders 0.88 | Percent Institutions 72.77 |
Upturn AI SWOT
Two Harbors Investments Corp
Company Overview
History and Background
Two Harbors Investments Corp. was founded in 2009 and is a real estate investment trust (REIT) focused on investing in, financing, and managing residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR), and other financial assets. It was formed in the wake of the 2008 financial crisis to capitalize on opportunities in the mortgage market.
Core Business Areas
- Residential Mortgage-Backed Securities (RMBS): Investments in RMBS, including Agency and Non-Agency securities. Agency RMBS are guaranteed by government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac, while Non-Agency RMBS are not.
- Mortgage Servicing Rights (MSR): Investments in MSR, which represent the right to service mortgage loans on behalf of investors. This generates revenue from servicing fees.
- Commercial Real Estate: Investments in commercial real estate through a variety of venues.
Leadership and Structure
Two Harbors is led by William Roth as President and CEO. The company has a board of directors overseeing its operations. The organizational structure consists of teams managing investments, risk, finance, and operations.
Top Products and Market Share
Key Offerings
- Agency RMBS: Investments in RMBS guaranteed by GSEs. Market share data for individual RMBS holdings is not readily available, but Two Harbors competes with other REITs and institutional investors in the overall RMBS market. Competitors include Annaly Capital Management (NLY) and AGNC Investment Corp. (AGNC).
- Non-Agency RMBS: Investments in RMBS not guaranteed by GSEs. Market share data for individual RMBS holdings is not readily available, but Two Harbors competes with other REITs and institutional investors in the overall RMBS market. Competitors include Annaly Capital Management (NLY) and AGNC Investment Corp. (AGNC).
- Mortgage Servicing Rights (MSR): Rights to service residential mortgage loans. MSR values fluctuate based on interest rates and loan prepayments. Market share data is difficult to obtain, but Two Harbors competes with Ocwen Financial Corporation (OCN) and PennyMac Financial Services (PFSI) in the MSR space.
Market Dynamics
Industry Overview
The mortgage REIT industry is influenced by interest rates, economic growth, housing market conditions, and government policies. The current environment involves interest rate volatility and uncertainty regarding the direction of the economy.
Positioning
Two Harbors is positioned as a hybrid REIT, investing in both Agency and Non-Agency RMBS, as well as MSR. This diversification aims to balance risk and return. Competitive advantages include experienced management and access to capital markets.
Total Addressable Market (TAM)
The total addressable market is difficult to precisely quantify, but it encompasses the trillions of dollars in outstanding mortgage debt. Two Harbors is positioned to capture returns by actively managing its portfolio within this market.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified investment portfolio (RMBS and MSR)
- Access to capital markets
- Active risk management strategies
Weaknesses
- Sensitivity to interest rate fluctuations
- Reliance on external financing
- Complexity of investment portfolio
- Dividend variability
Opportunities
- Potential for increased returns in a rising interest rate environment (MSR)
- Acquisition of undervalued mortgage assets
- Expansion into new mortgage-related investments
- Strategic partnerships to enhance portfolio management
Threats
- Rising interest rates negatively impacting RMBS values
- Economic recession leading to increased mortgage defaults
- Increased competition from other REITs
- Changes in government regulations affecting the mortgage market
Competitors and Market Share
Key Competitors
- NLY
- AGNC
- IVR
- ARR
Competitive Landscape
Two Harbors competes with other REITs for investment opportunities in the mortgage market. Advantages include its diversified portfolio and experienced management, while disadvantages include its sensitivity to interest rate risk.
Growth Trajectory and Initiatives
Historical Growth: Two Harbors' growth has been driven by acquisitions of mortgage assets and the deployment of capital into the RMBS and MSR markets. Historical growth has been uneven, influenced by market conditions.
Future Projections: Analyst projections for Two Harbors' future growth are subject to uncertainty. The company's performance depends on its ability to manage its portfolio effectively in a changing interest rate environment.
Recent Initiatives: Recent initiatives have included active portfolio management, hedging strategies to mitigate interest rate risk, and strategic acquisitions of mortgage assets.
Summary
Two Harbors Investments Corp. is a hybrid REIT focused on residential mortgage-backed securities and mortgage servicing rights. Its performance is highly sensitive to interest rate fluctuations. The diversified portfolio is a strength, but reliance on external financing and dividend variability are key concerns. Successfully navigating the current market conditions is crucial for future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Investor Relations
- Analyst Reports
- Publicly Available Financial Data
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance can change rapidly. Conduct thorough research before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Two Harbors Investments Corp
Exchange NYSE | Headquaters Saint Louis Park, MN, United States | ||
IPO Launch date 2009-10-29 | President & CEO Mr. William Ross Greenberg Ph.D. | ||
Sector Real Estate | Industry REIT - Mortgage | Full time employees 477 | Website https://www.twoinv.com |
Full time employees 477 | Website https://www.twoinv.com | ||
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, comprising non-agency securities and non-hedging transactions. It 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 Saint Louis Park, Minnesota.
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