Two Harbors Investment Corp

NYSE:TWO  
6.52
+0.04 (+0.62%)
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Market Cap (Intraday)1.80B
Current PEN/A
Forward PE 9.18
2yr Forward PE 7.16
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Estimates Current Quarter
Revenue$62.19 Million
Adjusted EPS$0.24
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10-Day MA$6.42
50-Day MA$6.31
200-Day MA$5.19
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TWO HARBORS INVESTMENT CORP. Stock, NYSE:TWO

590 MADISON AVENUE, 36TH FLOOR, NEW YORK, NY 10022
Phone: 612-629-2500
Number of Employees:

Description

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), mortgage servicing rights, commercial real estate assets, and other financial assets in the United States. The company's target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and non-agency RMBS collateralized by prime mortgage loans, Alt-A mortgage loans, pay-option ARM mortgage loans, and subprime mortgage loans. Its target assets also comprise floating and fixed rate commercial real estate loans; and other assets, such as financial and mortgage-related assets, as well as residential mortgage loans and certain non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in New York, New York.