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Ticker Symbol: TWO-A

Two Harbors Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser A

Exchange: NEW YORK STOCK EXCHANGE INC. Country: US Currency: USD Asset Type: Preferred Stock CIK:0001465740

Company Profile

Two Harbors Investment Corp. is a Maryland corporation focused on investing, financing and managing residential mortgage-backed securities (RMBS) and related investments. Its objective is to provide attractive risk-adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. The Company selectively acquires and manages an investment portfolio of its target assets, which is constructed to generate attractive returns through market cycles. The Company focuses on security selection and implement a relative value investment approach across various sectors within the mortgage market. Its target assets include the following: Agency RMBS (which includes inverse interest-only Agency securities classified as Agency Derivatives for purposes of U.S. GAAP), meaning RMBS whose principal and interest payments are guaranteed by the Government National Mortgage Association (or Ginnie Mae), the Federal National Mortgage Association (or Fannie Mae), or the Federal Home Loan Mortgage Corporation (or Freddie Mac); Mortgage servicing rights (MSR); and Other financial assets comprising approximately 5% to 10% of the portfolio.

Sector: Finance and Insurance
Industry: Other Financial Vehicles
Standard Industrial Classification Code (SIC code): 6798
Address: 601 Carlson Pkwy Ste 1400
CEO: Thomas Siering
Tags:
  • Finance
  • Real Estate Investment Trusts
  • Finance and Insurance
  • Other Financial Vehicles

Pricing

Last Updated: October 3, 2023 03:00 PM EST
Previous Close: $20.47
Change: -$0.33 ( -1.59%)
Days Range: $20.03 - $20.80
Beta: 0.53
52wk. High: $21.46
52wk. Low: $15.72
Ytd. Change 8.50%
50 Day Moving Average: $20.39
200 Day Moving Average: $20.16
Shares Outstanding: 5750000

Valuation

Market Cap: 117.0B
PE Ratio: -1705.83
EPS (TTM): -0.012

Dividends

Dividend Per Share (TTM): $1.95
Dividend Yield (TTM): 9.82%
Ex-Dividend Date: October 11, 2023