Two Harbors Investment Corp (NYSE: TWO) is 6.17% higher on its value in year-to-date trading and has touched a low of $10.84 and a high of $14.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TWO stock was last observed hovering at around $11.77 in the last trading session, with the day’s gains setting it 0.79%.
Currently trading at $12.56, the stock is 7.13% and 7.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.43 million and changing 6.71% at the moment leaves the stock -1.35% off its SMA200. TWO registered -7.99% loss for a year compared to 6-month loss of -8.85%. The firm has a 50-day simple moving average (SMA 50) of $11.718 and a 200-day simple moving average (SMA200) of $12.72955.
The stock witnessed a 6.98% gain in the last 1 month and extending the period to 3 months gives it a -1.95%, and is 6.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 2.01% over the month.
Two Harbors Investment Corp (TWO) has around 466 employees, a market worth around $1.30B and $892.05M in sales. Current P/E ratio is 6.02 and Fwd P/E is 6.45. Profit margin for the company is 28.21%. Distance from 52-week low is 15.87% and -11.98% from its 52-week high. The company has generated returns on investments over the last 12 months (7.39%).
with sales reaching $-36.19M over the same period.The EPS is expected to grow by 224.43% this year, but quarterly earnings will post 29.26% year-over-year. Quarterly sales are estimated to grow 14.28% in year-over-year returns.
281.0 institutions hold shares in Two Harbors Investment Corp (TWO), with institutional investors hold 69.00% of the company’s shares. The shares outstanding are 103.68M, and float is at 102.10M with Short Float at 3.30%. Institutions hold 68.30% of the Float.
Two Harbors Investment Corp (TWO) Insider Activity
The most recent transaction is an insider sale by Sandberg Rebecca B, the company’s Chief Legal Officer. SEC filings show that Sandberg Rebecca B sold 3,014 shares of the company’s common stock on Jan 14 ’25 at a price of $11.24 per share for a total of $33870.0. Following the sale, the insider now owns 0.15 million shares.
Two Harbors Investment Corp disclosed in a document filed with the SEC on Jan 14 ’25 that RUSH ROBERT (Chief Risk Officer) sold a total of 2,868 shares of the company’s common stock. The trade occurred on Jan 14 ’25 and was made at $11.25 per share for $32265.0. Following the transaction, the insider now directly holds 89479.0 shares of the TWO stock.
Still, SEC filings show that on Jan 14 ’25, LETICA NICHOLAS (Chief Investment Officer) disposed off 5,737 shares at an average price of $11.28 for $64720.0. The insider now directly holds 168,935 shares of Two Harbors Investment Corp (TWO).
