Two Harbors Investment Stock (NYSE:TWO)
Previous Close
$12.39
52W Range
$8.78 - $14.17
50D Avg
$11.84
200D Avg
$10.81
Market Cap
$1.30B
Avg Vol (3M)
$3.10M
Beta
1.04
Div Yield
$1.41 (11.44%)
TWO Company Profile
Two Harbors Investment Corp. (TWO) operates as a Real Estate Investment Trust (REIT) with a strategic focus on the U.S. mortgage market. The firm is actively involved in acquiring, funding, and overseeing a diverse portfolio of financial instruments, primarily residential mortgage-backed securities (RMBS). This portfolio encompasses both agency RMBS – which are often backed by fixed-rate, adjustable-rate, and hybrid adjustable-rate mortgage loans – as well as non-agency securities, mortgage servicing rights (MSRs), and other related financial assets. Being structured as a REIT grants the company specific federal income tax advantages, contingent on distributing a minimum of 90% of its annual taxable earnings to its shareholders. Established in 2009, Two Harbors Investment Corp. maintains its corporate headquarters in Minnetonka, Minnesota.