TWO — TWO HARBORS INVESTMENT CORP.
—
NYSE ·
Real Estate ·
Equity Real Estate Investment Trusts (REITs) ·
CIK 1465740 ·
Last close
$12.29
Market Cap
$1.29B
52W High
$12.72
52W Low
$8.81
ADV30
1,778,065
Next earnings
2026-07-28
Quarterly Fundamentals
Revenues vs Net Income (last 4 Q)
Assets vs Liabilities (last 4 Q)
| Period | Revenues | GrossProfit | OpIncome | NetIncome | Assets | Cash | Liabilities |
|---|---|---|---|---|---|---|---|
| Mar 2026 | 85,799,000 | — | — | 32,284,000 | 10,533,736,000 | 476,307,000 | 8,802,157,000 |
| Dec 2025 | 68,553,000 | — | — | 11,717,000 | 10,859,217,000 | 842,319,000 | 9,071,290,000 |
| Sep 2025 | 92,706,000 | — | — | -127,921,000 | 10,866,407,000 | 770,533,000 | 9,094,690,000 |
| Jun 2025 | -14,669,000 | — | — | -259,041,000 | 12,959,138,000 | 657,816,000 | 11,073,112,000 |
Cashflow TTM (yfinance, fills SEC gap)
Operating CF
$33,584,000
Investing CF
$2,901,326,000
Financing CF
$-2,872,486,000
CapEx
$-103,457,000
Dividends Paid
$-212,559,000
Buybacks
$0
EPS Diluted TTM
$-3.82
As of
2026-05-10
Balance + Analyst (yfinance extras)
Retained Earnings
$-4,779,599,000
Inventory
—
Receivables
$462,069,000
ST Investments
$95,000
EBIT TTM
—
Pretax Income TTM
$-330,452,000
Interest Exp TTM
$454,390,000
Analysts
4
Yahoo Snapshot (yfinance, live)
Total Revenue
$493,780,000
EBITDA
—
Free Cash Flow
—
Enterprise Value
$9,468,266,496
Total Cash
$718,374,976
Total Debt
$8,297,306,112
Shares Out
105,046,333
Trailing EPS
$-3.81
Book Value
$10.76
ROE
-17.7%
ROA
-2.8%
Div Yield
11.50%
Annual Trend (SEC EDGAR, last 4y)
Revenues vs Net Income (last 4y)
| FY end | Revenues | OpIncome | NetIncome | Assets | Liabilities | Equity | OCF |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 115,060,000 | — | -454,300,000 | 10,859,217,000 | 9,071,290,000 | — | 88,917,000 |
| Dec 2024 | 510,748,000 | — | 298,168,000 | 12,204,319,000 | 10,081,810,000 | — | 201,004,000 |
| Dec 2023 | 31,785,000 | — | -106,371,000 | 13,138,800,000 | 10,935,410,000 | — | 343,509,000 |
| Dec 2022 | 407,180,000 | — | 220,239,000 | 13,466,160,000 | 11,282,635,000 | — | 623,402,000 |
TTM Snapshot
Revenues TTM
$472,500,000
NetIncome TTM
$53,560,000
OpCashFlow TTM
$0
Assets (Latest)
$12,204,319,000
Forward EPS
$1.16
Max Pain — expiry 2026-12-18 (volume-derived — Yahoo OI feed degraded)
max pain strike: $12.00 · spot: $12.29 · call volume: 696 · put volume: 804
Expected Move to 2026-12-18:
±$1.61
(13.10%) —
implied range
$10.68 –
$13.90
· ATM straddle on $12.00 strike
Peers — same industry
| Ticker | Name | Market Cap | Last | Daily % |
|---|---|---|---|---|
| LADR | Ladder Capital Corp | $1.29B | $10.11 | — |
| ALX | ALEXANDERS INC | $1.30B | $255.12 | — |
| UMH | UMH PROPERTIES, INC. | $1.27B | $14.94 | — |
| ORC | Orchid Island Capital, Inc. | $1.33B | $6.61 | — |
| PMT-PA | PennyMac Mortgage Investment Trust | $1.37B | $22.52 | — |
News headlines (Yahoo Finance, 1h cache)
Sector Update: Financial Stocks Advance Late Afternoon
2026-06-15 19:55 · Yahoo
UWMC Responds to TWO’s Mischaracterization of Discussions
2026-06-15 14:50 · Yahoo
TWO Provides Update on UWMC Engagement Following Expiration of Waiver Period
2026-06-15 11:06 · Yahoo
TWO Challenges UWMC to Submit All-Cash Offer With No Stock Component
2026-06-08 11:00 · Yahoo
UWMC Reaffirms Commitment to Premium Proposal to Acquire Two Harbors for $12.50 Per Share in Cash with Stock Election
2026-06-04 21:21 · Yahoo
How Investors May Respond To UWM Holdings (UWMC) Challenging Two Harbors Deal And Expanding In‑House Servicing
2026-05-30 21:08 · Yahoo
Sector Update: Financial Stocks Decline Late Afternoon
2026-05-28 19:53 · Yahoo
UWMC Issues Statement Regarding Second Failure of Two Harbors to Obtain Approval for CCM Transaction
2026-05-28 17:07 · Yahoo
CrossCountry Mortgage Reaffirms $12.00 Per Share Best and Final Offer for Two Harbors
2026-05-28 14:42 · Yahoo
TWO Announces Adjournment of Special Meeting
2026-05-28 14:30 · Yahoo
Recent Insider Activity
No insider activity indexed for this ticker.