Two Harbors Investment Statistics
Total Valuation
TWO has a market cap or net worth of $1.33 billion. The enterprise value is $10.88 billion.
| Market Cap | 1.33B |
| Enterprise Value | 10.88B |
Important Dates
The last earnings date was Monday, April 29, 2024, after market close.
| Earnings Date | Apr 29, 2024 |
| Ex-Dividend Date | Apr 3, 2024 |
Share Statistics
TWO has 103.49 million shares outstanding. The number of shares has increased by 22.03% in one year.
| Shares Outstanding | 103.49M |
| Shares Change (YoY) | +22.03% |
| Shares Change (QoQ) | +18.08% |
| Owned by Insiders (%) | 0.72% |
| Owned by Institutions (%) | 66.61% |
| Float | 102.84M |
Valuation Ratios
The trailing PE ratio is 7.02 and the forward PE ratio is 7.47. TWO's PEG ratio is 3.59.
| PE Ratio | 7.02 |
| Forward PE | 7.47 |
| PS Ratio | 3.15 |
| Forward PS | n/a |
| PB Ratio | 0.59 |
| P/FCF Ratio | 3.97 |
| PEG Ratio | 3.59 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 34.76, with an EV/FCF ratio of 32.49.
| EV / Earnings | 47.36 |
| EV / Sales | 25.73 |
| EV / EBITDA | 34.76 |
| EV / EBIT | 34.76 |
| EV / FCF | 32.49 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 4.59 |
| Debt / EBITDA | 32.87 |
| Debt / FCF | 30.72 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 10.50% and return on invested capital (ROIC) is 2.19%.
| Return on Equity (ROE) | 10.50% |
| Return on Assets (ROA) | 1.70% |
| Return on Capital (ROIC) | 2.19% |
| Revenue Per Employee | $907,099 |
| Profits Per Employee | $492,738 |
| Employee Count | 466 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TWO has paid $38.86 million in taxes.
| Income Tax | 38.86M |
| Effective Tax Rate | 14.47% |
Stock Price Statistics
The stock price has increased by +3.30% in the last 52 weeks. The beta is 1.85, so TWO's price volatility has been higher than the market average.
| Beta (1Y) | 1.85 |
| 52-Week Price Change | +3.30% |
| 50-Day Moving Average | 12.63 |
| 200-Day Moving Average | 12.96 |
| Relative Strength Index (RSI) | 54.54 |
| Average Volume (30 Days) | 1,071,644 |
Short Selling Information
The latest short interest is 2.53 million, so 2.45% of the outstanding shares have been sold short.
| Short Interest | 2.53M |
| Short Previous Month | 3.28M |
| Short % of Shares Out | 2.45% |
| Short % of Float | 2.46% |
| Short Ratio (days to cover) | 2.45 |
Income Statement
In the last 12 months, TWO had revenue of $422.71 million and earned $229.62 million in profits. Earnings per share was $1.83.
| Revenue | 422.71M |
| Gross Profit | 422.71M |
| Operating Income | 312.88M |
| Pretax Income | 312.88M |
| Net Income | 229.62M |
| EBITDA | 312.88M |
| EBIT | 312.88M |
| Earnings Per Share (EPS) | $1.83 |
Balance Sheet
The company has $738.43 million in cash and $10.28 billion in debt, giving a net cash position of -$9.55 billion or -$92.23 per share.
| Cash & Cash Equivalents | 738.43M |
| Total Debt | 10.28B |
| Net Cash | -9.55B |
| Net Cash Per Share | -$92.23 |
| Equity / Book Value | 2.24B |
| Book Value Per Share | 21.64 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 334.72M |
| Capital Expenditures | n/a |
| Free Cash Flow | 334.72M |
| FCF Per Share | $3.24 |
Margins
Gross margin is 100.00%, with operating and profit margins of 74.02% and 54.32%.
| Gross Margin | 100.00% |
| Operating Margin | 74.02% |
| Pretax Margin | 74.02% |
| Profit Margin | 54.32% |
| EBITDA Margin | 74.02% |
| EBIT Margin | 74.02% |
| FCF Margin | 79.19% |
Dividends & Yields
This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 14.01%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 14.01% |
| Dividend Growth (YoY) | -29.69% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 98.36% |
| Buyback Yield | -22.03% |
| Shareholder Yield | -8.03% |
| Earnings Yield | 17.27% |
| FCF Yield | 25.17% |
Analyst Forecast
The average price target for TWO is $14.67, which is 14.16% higher than the current price. The consensus rating is "Hold".
| Price Target | $14.67 |
| Price Target Difference | 14.16% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on November 2, 2022. It was a reverse split with a ratio of 1:4.
| Last Split Date | Nov 2, 2022 |
| Split Type | Reverse |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |