Two Harbors Investment Corp. (NYSE:TWO) stock went on an upward path that rose over 0.84% on Thursday, amounting to a one-week price increase of more than 0.84%. Over the last 12 months, TWO stock rose by 0.49%. The one-year TWO stock forecast points to a potential downside of -0.04, with the average price target set at $15.03 per share. The average equity rating for TWO stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for TWO stock reached $3.93 billion, with 272.90 million shares outstanding and 270.23 million shares in the current float. Compared to the average trading volume of 1.82M shares, TWO reached a trading volume of 1687317 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $14.92 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 2.10. 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.
RBC Capital Mkts have made an estimate for Two Harbors Investment Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 03, 2019. The new note on the price target was released on March 27, 2019, representing the official price target for Two Harbors Investment Corp. stock. On November 10, 2017, analysts decreased their price target for TWO shares from 20 to 16.50.
The Average True Range (ATR) for Two Harbors Investment Corp. is set at 0.19, with the Price to Sales ratio for TWO stock in the period of the last 12 months amounting to 7.31. The Price to Book ratio for the last quarter was 0.97, with the Price to Cash per share for the same quarter was set at 2.71. Price to Free Cash Flow for TWO in the course of the last twelve months was 6.53.
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 0.84. With this latest performance, TWO shares gained by 7.31% in over the last four-week period, additionally plugging by 9.76% over the last 6 months – not to mention a rise of 0.49% 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 66.16, with the RSI for the last a single of trading hit 68.68, and the three-weeks RSI is set at 64.96 for Two Harbors Investment Corp. (TWO). The present Moving Average for the last 50 days of trading for this stock 13.58, while it was recorded at 14.36 for the last single week of trading, and 13.41 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 +13.13 and a Gross Margin at +87.09. Two Harbors Investment Corp.’s Net Margin is presently recorded at -6.25.
Return on Total Capital for TWO is now 0.35, given the latest momentum, and Return on Invested Capital for the company is -0.88. Return on Equity for this stock declined to -1.13, with Return on Assets sitting at -0.16. 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 578.03. Additionally, TWO Total Debt to Total Capital is recorded at 85.25, with Total Debt to Total Assets ending up at 81.61. Long-Term Debt to Equity for the company is recorded at 19.34, with the Long-Term Debt to Total Capital now at 2.20.
Receivables Turnover for the company is 1.20 with a Total Asset Turnover recorded at a value of 0.03.
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 0.49/share EPS, while the average EPS was predicted by analysts to be reported at 0.47/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.30%. 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 -3.98%.
Two Harbors Investment Corp. (TWO): Insider Ownership positions
There are presently around $2,380 million, or 63.00% of TWO stock, in the hands of institutional investors. The top three institutional holders of TWO stocks are: VANGUARD GROUP INC with ownership of 26,453,568, which is approximately 4.004% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 17,408,280 shares of the stock with an approximate value of $248.0 million in TWO stocks shares; and STATE OF MICHIGAN RETIREMENT SYSTEM, currently with $158.0 million in TWO stock with ownership of nearly -6.317% 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 145 institutional holders increased their position in Two Harbors Investment Corp. (NYSE:TWO) by around 19,725,652 shares. Additionally, 149 investors decreased positions by around 22,645,320 shares, while 50 investors held positions by with 124,419,824 shares. The mentioned changes placed institutional holdings at 166,790,796 shares, according to the latest SEC report filing. TWO stock had 41 new institutional investments in for a total of 8,432,017 shares, while 64 institutional investors sold positions of 12,248,192 shares during the same period.