Two Harbors Financials
TWO Stock | USD 12.98 0.01 0.08% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Debt Equity Ratio | 1.64 | 0.8591 |
|
| |||||
Current Ratio | 5.87 | 6.1812 |
|
|
The essential information of the day-to-day investment outlook for Two Harbors includes many different criteria found on its balance sheet. An individual investor should monitor Two Harbors' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Two Harbors.
Cash And Equivalents |
|
Two | Select Account or Indicator |
Understanding current and past Two Harbors Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Two Harbors' financial statements are interrelated, with each one affecting the others. For example, an increase in Two Harbors' assets may result in an increase in income on the income statement.
The data published in Two Harbors' official financial statements typically reflect Two Harbors' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Two Harbors' quantitative information. For example, before you start analyzing numbers published by Two accountants, it’s essential to understand Two Harbors' liquidity, profitability, and earnings quality within the context of the Mortgage Real Estate Investment Trusts (REITs) space in which it operates.
Two Harbors Stock Summary
Two Harbors competes with Ellington Residential, and Ares Commercial. Two Harbors Investment Corp. operates as a real estate investment trust that focuses on investing in, financing, and managing residential mortgage-backed securities , non-agency securities, mortgage servicing rights, and other financial assets in the United States. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota. Two Harbors operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 105 people.Specialization | Real Estate, Financial Services |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US90187B4086 |
CUSIP | 90187B408 90187B101 90187B804 |
Location | Minnesota; U.S.A |
Business Address | 1601 Utica Avenue |
Sector | Mortgage Real Estate Investment Trusts (REITs) |
Industry | Financials |
Benchmark | NYSE Composite |
Website | www.twoharborsinvestment.com |
Phone | 612 453 4100 |
Currency | USD - US Dollar |
Two Harbors Key Financial Ratios
Two Harbors' financial ratios allow both analysts and investors to convert raw data from Two Harbors' financial statements into concise, actionable information that can be used to evaluate the performance of Two Harbors over time and compare it to other companies across industries.Return On Equity | 0.12 | ||||
Profit Margin | 0.44 % | ||||
Operating Margin | 0.82 % | ||||
Price To Sales | 4.83 X | ||||
Revenue | (556.75 M) |
Two Harbors Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.9B | 19.5B | 12.1B | 13.5B | 13.1B | 16.2B | |
Other Current Liab | (449.6M) | (305.5M) | (439.1M) | (814.9M) | (1.5B) | (1.5B) | |
Net Debt | 631.3M | (419.1M) | 88.5M | 1.1B | 1.2B | 1.2B | |
Retained Earnings | (1.9B) | (3.7B) | (3.8B) | (3.8B) | (4.2B) | (4.0B) | |
Cash | 558.1M | 1.4B | 1.2B | 683.5M | 729.7M | 639.9M | |
Other Current Assets | (2.0B) | (1.6B) | (1.3B) | (1.4B) | (1.2B) | (1.1B) | |
Total Liab | 31.0B | 16.4B | 9.4B | 11.3B | 10.9B | 13.3B | |
Total Current Assets | 32.4B | 16.2B | 8.5B | 8.5B | 9.1B | 12.8B | |
Common Stock | 2.7M | 2.7M | 3.4M | 864K | 1.0M | 980.4K | |
Accounts Payable | 149.6M | 21.7M | 18.4M | 94.0M | 141.8M | 148.9M | |
Other Assets | (29.8B) | (13.0B) | (5.7B) | (5.8B) | (7.3B) | (7.7B) | |
Other Liab | 325.3M | 219.3M | 327.1M | 687.7M | 790.9M | 830.4M | |
Net Receivables | 411.6M | 193.6M | 194.7M | 289.4M | 358.6M | 225.9M | |
Inventory | 2.0B | 1.6B | 1.3B | 1.2B | 830.2M | 464.9M | |
Short Term Debt | 300M | 283.8M | 420.8M | 1.1B | 1.3B | 2.3B | |
Long Term Debt | 686.2M | 297.2M | 821.6M | 680.5M | 563.9M | 459.8M | |
Intangible Assets | 1.9B | 1.6B | 2.2B | 3.0B | 3.1B | 3.2B | |
Net Tangible Assets | 4.0B | 2.1B | 2.0B | 1.6B | 1.4B | 2.5B | |
Long Term Debt Total | 686.2M | 297.2M | 478.5M | 1.8B | 2.1B | 2.2B | |
Capital Surpluse | 5.2B | 5.2B | 5.6B | 5.6B | 6.5B | 4.8B |
Two Harbors Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 714.3M | 281.2M | 89.2M | 258.4M | 643.2M | 675.4M | |
Operating Income | 310.4M | (1.7B) | 191.4M | 549.4M | (129.0M) | (122.6M) | |
Ebit | 310.4M | (1.7B) | 191.4M | 549.4M | (129.0M) | (122.6M) | |
Ebitda | 310.4M | (1.7B) | 191.4M | 629.2M | (129.0M) | (122.6M) | |
Income Before Tax | 310.4M | (1.7B) | 191.4M | 324.5M | (83.4M) | (79.2M) | |
Net Income | 324.0M | (1.6B) | 187.2M | 220.2M | (152.0M) | (144.4M) | |
Income Tax Expense | (13.6M) | (35.7M) | 4.2M | 104.2M | 23.0M | 24.1M | |
Total Revenue | 427.6M | (1.6B) | 255.2M | 407.2M | (556.8M) | (528.9M) | |
Gross Profit | 370.5M | (1.6B) | 191.4M | 324.5M | (671.9M) | (638.3M) | |
Cost Of Revenue | 57.1M | 66.3M | 63.8M | 82.7M | 115.2M | 93.1M | |
Tax Provision | (13.6M) | (35.7M) | 4.2M | 104.2M | 60.7M | 63.8M | |
Net Interest Income | 280.4M | 243.8M | 79.4M | 37.1M | (133.5M) | (126.8M) | |
Interest Income | 994.7M | 525.1M | 168.6M | 295.5M | 457.3M | 469.0M |
Two Harbors Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 519.1M | 1.0B | (557.8M) | (962.2M) | (331.7M) | (315.1M) | |
Free Cash Flow | 443.0M | 9.2M | (318.6M) | (6.4M) | 30.9M | 32.4M | |
Capital Expenditures | 613.7M | 622.4M | 742.2M | 629.8M | 312.6M | 367.6M | |
Net Income | 324.0M | (1.6B) | 187.2M | 220.2M | (106.4M) | (101.1M) | |
End Period Cash Flow | 1.6B | 2.6B | 2.1B | 1.1B | 794.8M | 969.1M | |
Other Non Cash Items | 744.7M | 2.4B | 191.6M | 55.2M | 381.4M | 400.5M | |
Dividends Paid | 538.9M | 275.3M | 257.1M | 290.4M | 246.6M | 332.4M | |
Change To Inventory | (24.9M) | (40.3M) | 6.0M | 14.5M | 16.7M | 17.5M | |
Change To Netincome | (330.6M) | 885.4M | 76.2M | 249.2M | 286.6M | 239.2M | |
Investments | (6.0B) | 15.5B | 7.0B | (2.8B) | (91.1M) | (86.5M) | |
Net Borrowings | (271.1M) | (226.2M) | 273.7M | 1.5B | 1.4B | 1.4B |
Two Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Two Harbors's current stock value. Our valuation model uses many indicators to compare Two Harbors value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Two Harbors competition to find correlations between indicators driving Two Harbors's intrinsic value. More Info.Two Harbors Investments is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.17 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Two Harbors Investments is roughly 6.05 . At this time, Two Harbors' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Two Harbors' earnings, one of the primary drivers of an investment's value.Two Harbors Investments Systematic Risk
Two Harbors' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Two Harbors volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Two Harbors Investments correlated with the market. If Beta is less than 0 Two Harbors generally moves in the opposite direction as compared to the market. If Two Harbors Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Two Harbors Investments is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Two Harbors is generally in the same direction as the market. If Beta > 1 Two Harbors moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Two Harbors Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Two Harbors' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Two Harbors growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
Two Harbors June 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Two Harbors help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Two Harbors Investments. We use our internally-developed statistical techniques to arrive at the intrinsic value of Two Harbors Investments based on widely used predictive technical indicators. In general, we focus on analyzing Two Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Two Harbors's daily price indicators and compare them against related drivers.
Downside Deviation | 1.6 | |||
Information Ratio | 0.0579 | |||
Maximum Drawdown | 8.08 | |||
Value At Risk | (1.96) | |||
Potential Upside | 2.03 |
Additional Information and Resources on Investing in Two Stock
When determining whether Two Harbors Investments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Two Harbors' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Two Harbors Investments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Two Harbors Investments Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Two Harbors Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Two Harbors. If investors know Two will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Two Harbors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.011 | Dividend Share 1.8 | Earnings Share 2.18 | Revenue Per Share 6.325 | Quarterly Revenue Growth 0.001 |
The market value of Two Harbors Investments is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Harbors' value that differs from its market value or its book value, called intrinsic value, which is Two Harbors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Two Harbors' market value can be influenced by many factors that don't directly affect Two Harbors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Two Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Harbors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.