Two Harbors Investment Corp found using ticker (TWO) now have 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 18 and 15 calculating the average target price we see 16.5. With the stocks previous close at 17.66 this indicates there is a potential downside of -6.6%. The 50 day moving average now sits at 16.29 and the 200 day MA is 18.1. The market cap for the company is $1,536m. Find out more information at: https://www.twoharborsinvestment.com
The potential market cap would be $1,435m 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.
