Two Harbors Investment Corp. [NYSE: TWO] closed the trading session at $5.88 on 06/09/20. The day’s price range saw the stock hit a low of $5.72, while the highest price level was $6.53. The stocks have a year to date performance of -59.78 percent and weekly performance of 23.27 percent. The stock has been moved at -59.95 percent over the last six months. The stock has performed 29.23 percent around the most recent 30 days and changed -53.04 percent over the most recent 3-months.
If compared to the average trading volume of 10.26M shares, TWO reached to a volume of 32304770 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here’s what leading stock market gurus have to say about Two Harbors Investment Corp. [TWO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TWO shares is $6.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TWO stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Two Harbors Investment Corp. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 13, 2020. The new note on the price target was released on December 02, 2019, representing the official price target for Two Harbors Investment Corp. stock.
The Average True Range (ATR) for Two Harbors Investment Corp. is set at 0.43, with the Price to Sales ratio for TWO stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 0.83, with the Price to Cash per share for the same quarter was set at 4.45. Price to Free Cash Flow for TWO in the course of the last twelve months was 2.98.
TWO stock trade performance evaluation
Two Harbors Investment Corp. [TWO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.27. With this latest performance, TWO shares gained by 29.23% in over the last four-week period, additionally sinking by -59.95% over the last 6 months – not to mention a drop of -52.54% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TWO stock in for the last two-week period is set at 68.55, with the RSI for the last a single of trading hit 76.61, and the three-weeks RSI is set at 57.25 for Two Harbors Investment Corp. [TWO]. The present Moving Average for the last 50 days of trading for this stock 4.48, while it was recorded at 5.57 for the last single week of trading, and 11.28 for the last 200 days.
Two Harbors Investment Corp. [TWO]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Two Harbors Investment Corp. [TWO] shares currently have an operating margin of +17.10 and a Gross Margin at +92.90. Two Harbors Investment Corp.’s Net Margin is presently recorded at +17.06.
Return on Total Capital for TWO is now 1.01, given the latest momentum, and Return on Invested Capital for the company is 6.12. Return on Equity for this stock inclined to 7.02, with Return on Assets sitting at 0.98. When it comes to the capital structure of this company, Two Harbors Investment Corp. [TWO] has a Total Debt to Total Equity ratio set at 610.34. Additionally, TWO Total Debt to Total Capital is recorded at 85.92, with Total Debt to Total Assets ending up at 84.45. Long-Term Debt to Equity for the company is recorded at 18.27, with the Long-Term Debt to Total Capital now at 2.07.
Receivables Turnover for the company is 5.66 with a Total Asset Turnover recorded at a value of 0.06.
Earnings per share (EPS) analysis for Two Harbors Investment Corp. [TWO] stock
With the latest financial reports released by the company, Two Harbors Investment Corp. posted 0.39/share EPS, while the average EPS was predicted by analysts to be reported at 0.42/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -7.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TWO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Two Harbors Investment Corp. go to -6.76%.
Two Harbors Investment Corp. [TWO]: Insider Ownership positions
There are presently around $1,020 million, or 65.20% of TWO stock, in the hands of institutional investors. The top three institutional holders of TWO stocks are: VANGUARD GROUP INC with ownership of 25,192,866, which is approximately -3.763% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 17,275,513 shares of the stock with an approximate value of $101.23 million in TWO stocks shares; and STATE OF MICHIGAN RETIREMENT SYSTEM, currently with $65.23 million in TWO stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Two Harbors Investment Corp. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 175 institutional holders increased their position in Two Harbors Investment Corp. [NYSE:TWO] by around 30,694,396 shares. Additionally, 149 investors decreased positions by around 23,951,165 shares, while 52 investors held positions by with 119,472,913 shares. The mentioned changes placed institutional holdings at 174,118,474 shares, according to the latest SEC report filing. TWO stock had 60 new institutional investments in for a total of 11,731,824 shares, while 58 institutional investors sold positions of 7,751,944 shares during the same period.