Two Harbors Investment Co... (TWO)
Two Harbors Investment Statistics
Share Statistics
Two Harbors Investment has 104.02M shares outstanding. The number of shares has increased by 0.51% in one year.
| Shares Outstanding | 104.02M |
| Shares Change (YoY) | 0.51% |
| Shares Change (QoQ) | 0.36% |
| Owned by Institutions (%) | 68.66% |
| Shares Floating | 102.55M |
| Failed to Deliver (FTD) Shares | 312 |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 3.08M, so 2.96% of the outstanding shares have been sold short.
| Short Interest | 3.08M |
| Short % of Shares Out | 2.96% |
| Short % of Float | 4.02% |
| Short Ratio (days to cover) | 1.24 |
Valuation Ratios
The PE ratio is 4.87 and the forward PE ratio is 7.15. Two Harbors Investment's PEG ratio is -0.02.
| PE Ratio | 4.87 |
| Forward PE | 7.15 |
| PS Ratio | 1.08 |
| Forward PS | 3 |
| PB Ratio | 0.58 |
| P/FCF Ratio | 14.1 |
| PEG Ratio | -0.02 |
Enterprise Valuation
Two Harbors Investment has an Enterprise Value (EV) of 980.76M.
| EV / Sales | 0.86 |
| EV / EBITDA | 2.84 |
| EV / EBIT | 4.88 |
| EV / FCF | 11.29 |
Financial Position
The company has a current ratio of 9.97, with a Debt / Equity ratio of 0.12.
| Current Ratio | 9.97 |
| Quick Ratio | 9.97 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.75 |
| Debt / FCF | 3 |
| Interest Coverage | 0.57 |
Financial Efficiency
Return on Equity is 11.86% and Return on Invested Capital is 2.95%.
| Return on Equity | 11.86% |
| Return on Assets | 2.06% |
| Return on Invested Capital | 2.95% |
| Revenue Per Employee | $2.39M |
| Profits Per Employee | $527.62K |
| Employee Count | 477 |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 46.59M |
| Effective Tax Rate | 13.51% |
Stock Price Statistics
The stock price has increased by -6.76% in the last 52 weeks. The beta is 1.39, so Two Harbors Investment's price volatility has been higher than the market average.
| Beta | 1.39 |
| 52-Week Price Change | -6.76% |
| 50-Day Moving Average | 12.81 |
| 200-Day Moving Average | 12.74 |
| Relative Strength Index (RSI) | 48.94 |
| Average Volume (20 Days) | 1.47M |
Income Statement
In the last 12 months, Two Harbors Investment had revenue of 1.14B and earned 251.68M in profits. Earnings per share was 2.41.
| Revenue | 1.14B |
| Gross Profit | 510.75M |
| Operating Income | 344.75M |
| Net Income | 251.68M |
| EBITDA | 344.75M |
| EBIT | 344.75M |
| Earnings Per Share (EPS) | 2.41 |
Balance Sheet
The company has 504.61M in cash and 260.23M in debt, giving a net cash position of 244.38M.
| Cash & Cash Equivalents | 504.61M |
| Total Debt | 260.23M |
| Net Cash | 244.38M |
| Retained Earnings | 0 |
| Total Assets | 12.2B |
| Working Capital | 7.12B |
Cash Flow
In the last 12 months, operating cash flow was 201M and capital expenditures -114.12M, giving a free cash flow of 86.88M.
| Operating Cash Flow | 201M |
| Capital Expenditures | -114.12M |
| Free Cash Flow | 86.88M |
| FCF Per Share | 0.84 |
Margins
Gross margin is 44.86%, with operating and profit margins of 30.28% and 22.1%.
| Gross Margin | 44.86% |
| Operating Margin | 30.28% |
| Pretax Margin | 30.28% |
| Profit Margin | 22.1% |
| EBITDA Margin | 30.28% |
| EBIT Margin | 30.28% |
| FCF Margin | 7.63% |
Dividends & Yields
TWO pays an annual dividend of $2.25, which amounts to a dividend yield of 15.6%.
| Dividend Per Share | $2.25 |
| Dividend Yield | 15.6% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | -681.82% |
| Earnings Yield | 20.54% |
| FCF Yield | 7.09% |
Analyst Forecast
The average price target for TWO is $14, which is 17.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $14 |
| Price Target Difference | 17.9% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Stock Splits
The last stock split was on Nov 2, 2022. It was a backward split with a ratio of 1:4.
| Last Split Date | Nov 2, 2022 |
| Split Type | backward |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | 0.95 |
| Piotroski F-Score | 6 |