Two Harbors Investment Corp with ticker code (TWO) now have 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 19 and 16 with a mean TP of 17.5. Given that the stocks previous close was at 15.48 this is indicating there is a potential upside of 13.0%. The 50 day MA is 16.86 and the 200 day moving average is 17.54. The market cap for the company is $1,419m. Find out more information at: https://www.twoharborsinvestment.com
The potential market cap would be $1,604m based on the market concensus.
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, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.
