Two Harbors Investment Corp. [TWO] Is Currently 5.08 above its 200 Period Moving Avg: What Does This Mean?

Two Harbors Investment Corp. [NYSE: TWO] stock went on an upward path that rose over 5.08% on Tuesday, amounting to a one-week price decrease of less than -0.60%. The company report on October 12, 2022 that Two Harbors Investment Corp. Announces Third Quarter 2022 Preliminary Financial Results.


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Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced preliminary estimated financial results(1) for the quarter ended September 30, 2022. The company continues to maintain a strong liquidity position while navigating the challenging market environment.

Over the last 12 months, TWO stock dropped by -50.52%. The one-year Two Harbors Investment Corp. stock forecast points to a potential upside of 32.17. The average equity rating for TWO stock is currently 2.80, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $1.18 billion, with 344.28 million shares outstanding and 341.94 million shares in the current float. Compared to the average trading volume of 3.44M shares, TWO stock reached a trading volume of 9420965 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $4.88 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 2.80. 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.

Citigroup have made an estimate for Two Harbors Investment Corp. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 04, 2022. While these analysts kept the previous recommendation, Credit Suisse dropped their target price from $7.75 to $7.50. The new note on the price target was released on June 29, 2021, representing the official price target for Two Harbors Investment Corp. stock. Previously, the target price had yet another raise to $6.75, while Keefe Bruyette analysts kept a Mkt Perform rating on TWO stock.

The Average True Range (ATR) for Two Harbors Investment Corp. is set at 0.21, with the Price to Sales ratio for TWO stock in the period of the last 12 months amounting to 1.92. The Price to Book ratio for the last quarter was 0.64, with the Price to Cash per share for the same quarter was set at 1.44. Price to Free Cash Flow for TWO in the course of the last twelve months was 16.05.

TWO Stock Performance Analysis:

Two Harbors Investment Corp. [TWO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.60. With this latest performance, TWO shares dropped by -31.33% in over the last four-week period, additionally sinking by -33.40% over the last 6 months – not to mention a drop of -50.52% 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 35.77, with the RSI for the last a single of trading hit 40.10, and the three-weeks RSI is set at 34.38 for Two Harbors Investment Corp. [TWO]. The present Moving Average for the last 50 days of trading for this stock 4.39, while it was recorded at 3.23 for the last single week of trading, and 5.00 for the last 200 days.

Insight into Two Harbors Investment Corp. Fundamentals:

Return on Equity for this stock inclined to 6.42, with Return on Assets sitting at 1.18.

TWO Stock EPS

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 3.33%.

Two Harbors Investment Corp. [TWO] Insider Position Details

There are presently around $739 million, or 65.60% of TWO stock, in the hands of institutional investors. The top three institutional holders of TWO stocks are: BLACKROCK INC. with ownership of 59,574,757, which is approximately 0.196% of the company’s market cap and around 0.60% of the total institutional ownership; VANGUARD GROUP INC, holding 37,990,141 shares of the stock with an approximate value of $125.75 million in TWO stocks shares; and ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC, currently with $51.48 million in TWO stock with ownership of nearly -1.504% of the company’s market capitalization.

Positions in Two Harbors Investment Corp. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 117 institutional holders increased their position in Two Harbors Investment Corp. [NYSE:TWO] by around 11,466,729 shares. Additionally, 128 investors decreased positions by around 25,207,894 shares, while 60 investors held positions by with 186,701,393 shares. The mentioned changes placed institutional holdings at 223,376,016 shares, according to the latest SEC report filing. TWO stock had 46 new institutional investments in for a total of 2,764,914 shares, while 40 institutional investors sold positions of 13,821,706 shares during the same period.

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