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 7 and 5 calculating the average target price we see 5.96. Now with the previous closing price of 5.1 this would indicate that there is a potential upside of 16.9%. There is a 50 day moving average of 5.61 and the 200 moving average now moves to 6.41. The market capitalisation for the company is $1,747m. Visit the company website at: https://www.twoharborsinvestment.com
The potential market cap would be $2,042m 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), non-agency securities, 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.
