Two Harbors Investment Corp found using ticker (TWO) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 18 and 15 calculating the mean target price we have 16.71. Now with the previous closing price of 17.83 this is indicating there is a potential downside of -6.3%. The 50 day moving average now sits at 16.48 and the 200 day MA is 18.03. The company has a market cap of $1,547m. Find out more information at: https://www.twoharborsinvestment.com
The potential market cap would be $1,450m 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.
