Two Harbors Investments (NYSE:TWO) Reaches New 12-Month Low – Here’s Why

Posted by George Bondi on Aug 14th, 2026

Two Harbors Investments Corp (NYSE:TWO – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $11.98 and last traded at $11.9850, with a volume of 7738703 shares changing hands. The stock had previously closed at $12.03.

Wall Street Analyst Weigh In

TWO has been the topic of a number of research reports. Weiss Ratings upgraded Two Harbors Investments from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Zacks Research upgraded Two Harbors Investments from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Compass Point restated a “neutral” rating and set a $13.00 price objective on shares of Two Harbors Investments in a research note on Tuesday, June 9th. Royal Bank Of Canada raised their target price on Two Harbors Investments from $11.00 to $12.00 and gave the company a “sector perform” rating in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Two Harbors Investments from $11.00 to $12.00 and gave the company an “underweight” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $12.75.

Get Our Latest Stock Report on Two Harbors Investments

Two Harbors Investments Stock Down 0.2%

The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.85. The stock has a 50-day simple moving average of $12.18 and a 200-day simple moving average of $11.62. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -16.24 and a beta of 1.04.

Two Harbors Investments (NYSE:TWO – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28. Two Harbors Investments had a positive return on equity of 12.79% and a negative net margin of 6.09%.The company had revenue of $247.57 million for the quarter, compared to analyst estimates of $9.45 million. As a group, analysts predict that Two Harbors Investments Corp will post 0.89 EPS for the current year.

Two Harbors Investments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date was Thursday, July 2nd. Two Harbors Investments’s payout ratio is -64.86%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Two Harbors Investments during the second quarter worth approximately $211,685,000. Balyasny Asset Management L.P. boosted its stake in Two Harbors Investments by 490.7% during the 2nd quarter. Balyasny Asset Management L.P. now owns 3,583,939 shares of the real estate investment trust’s stock valued at $38,599,000 after purchasing an additional 2,977,196 shares in the last quarter. Marshall Wace LLP bought a new position in Two Harbors Investments during the 4th quarter valued at $23,886,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of Two Harbors Investments during the 4th quarter valued at $16,523,000. Finally, Millennium Management LLC raised its stake in shares of Two Harbors Investments by 45.3% in the 3rd quarter. Millennium Management LLC now owns 4,535,534 shares of the real estate investment trust’s stock worth $44,766,000 after buying an additional 1,415,062 shares in the last quarter. 64.19% of the stock is currently owned by institutional investors.

About Two Harbors Investments

(Get Free Report)

Two Harbors Investments Corp. is a mortgage real estate investment trust (mREIT) that primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by government-sponsored enterprises, as well as non-agency residential mortgage loans, mortgage servicing rights and credit risk transfer securities. The company seeks to generate attractive risk-adjusted returns for its shareholders by employing leverage to enhance net interest income derived from its portfolio of high-quality fixed-income assets.

Headquartered in Minneapolis, Minnesota, Two Harbors operates through a self-managed platform that combines portfolio management, risk-management and securitization expertise.