two harbors investment corp., a maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, residential mortgage loans, mortgage servicing rights, commercial real estate and other financial assets. two harbors is headquartered in new york, ny, and is externally managed and advised by prcm advisers llc, a wholly-owned subsidiary of pine river capital management l.p. additional information is available at www.twoharborsinvestment.com.
Company profile
Ticker
TWO
Exchange
Website
CEO
Thomas Siering
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Agate Bay Residential Mortgage Securities LLC • Area RE Partners Columbus LLC • CYS/Area LP • CYS Condo GP LLC • CYS Investments LLC • Eiger Holdings Company LLC • Eiger Partnership LLC • Matrix Financial Services Corporation • North Shore Assets LLC • North Shore Mortgage Opportunity LLC ...
IRS number
270312904
TWO stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
3 Apr 24
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
8-K
Departure of Directors or Certain Officers
4 Mar 24
8-K
Other Events
23 Feb 24
424B5
Prospectus supplement for primary offering
23 Feb 24
S-3ASR
Automatic shelf registration
22 Feb 24
10-K
2023 FY
Annual report
20 Feb 24
UPLOAD
Letter from SEC
15 Feb 24
CORRESP
Correspondence with SEC
14 Feb 24
Transcripts
TWO
Earnings call transcript
2023 Q4
30 Jan 24
TWO
Earnings call transcript
2023 Q3
31 Oct 23
TWO
Earnings call transcript
2023 Q2
1 Aug 23
TWO
Earnings call transcript
2023 Q1
2 May 23
TWO
Earnings call transcript
2022 Q4
9 Feb 23
TWO
Earnings call transcript
2022 Q3
9 Nov 22
TWO
Earnings call transcript
2022 Q2
4 Aug 22
TWO
Earnings call transcript
2022 Q1
5 May 22
TWO
Earnings call transcript
2021 Q4
10 Feb 22
TWO
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
15 Apr 24
3
Sanjiv Das
8 Mar 24
4
JASON VINAR
29 Feb 24
4
ROBERT RUSH
29 Feb 24
4
MATTHEW KEEN
29 Feb 24
4
ALECIA HANSON
29 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.04 bn | 1.04 bn | 1.04 bn | 1.04 bn | 1.04 bn | 1.04 bn |
Cash burn (monthly) | (no burn) | 44.17 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 305.44 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 739.52 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 16.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
58.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 199 |
Opened positions | 21 |
Closed positions | 13 |
Increased positions | 71 |
Reduced positions | 67 |
13F shares | Current |
---|---|
Total value | 792.11 bn |
Total shares | 60.12 mm |
Total puts | 982.33 k |
Total calls | 834.25 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 16.17 mm | $214.11 bn |
Vanguard | 10.66 mm | $141.12 bn |
Allspring Global Investments | 5.09 mm | $67.45 bn |
STT State Street | 3.57 mm | $47.33 bn |
Massachusetts Financial Services | 2.23 mm | $29.49 bn |
Geode Capital Management | 2.00 mm | $26.47 bn |
IVZ Invesco | 1.34 mm | $17.78 bn |
Vaughan Nelson Investment Management | 1.32 mm | $17.47 bn |
Charles Schwab Investment Management | 1.24 mm | $16.38 bn |
NTRS Northern Trust | 1.04 mm | $13.77 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Feb 24 | Jason Vinar | Common stock, par value $0.01 per share | Sell | Dispose S | No | Yes | 12.6002 | 1,980 | 24.95 k | 44,035 |
27 Feb 24 | Robert Rush | Common stock, par value $0.01 per share | Sell | Dispose S | No | Yes | 12.6002 | 3,775 | 47.57 k | 69,176 |
27 Feb 24 | Matthew Keen | Common stock, par value $0.01 per share | Sell | Dispose S | No | Yes | 12.6002 | 1,891 | 23.83 k | 29,718 |
27 Feb 24 | Alecia Hanson | Common stock, par value $0.01 per share | Sell | Dispose S | No | Yes | 12.6002 | 1,725 | 21.74 k | 30,279 |
News
JMP Securities Reiterates Market Outperform on Two Harbors Inv, Maintains $15 Price Target
19 Apr 24
JMP Securities Reiterates Market Outperform on Two Harbors Inv, Maintains $15 Price Target
18 Apr 24
JP Morgan Maintains Neutral on Two Harbors Inv, Lowers Price Target to $12.5
10 Apr 24
JonesTrading Initiates Coverage On Two Harbors Inv with Hold Rating
22 Mar 24
Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks With Over 12% Dividend Yields
29 Feb 24
Press releases
Two Harbors Investment Corp. Announces Earnings Release and Conference Call for First Quarter 2024 Financial Results
15 Apr 24
Two Harbors Investment Corp. Announces First Quarter 2024 Common and Preferred Stock Dividends
20 Mar 24
Two Harbors Investment Corp. Appoints Sanjiv Das as Director
4 Mar 24
Two Harbors Investment Corp. Announces 2024 Annual Meeting of Stockholders
20 Feb 24
Two Harbors Investment Corp. Announces Retirement of Chief Financial Officer
5 Feb 24