profit from every $100 of sales.
$0$100
Two Harbors Investment
We have no price for Two Harbors Investment since 24 August 2026. It may have been taken over, merged or renamed, so the figures below are from then.
$12.18+1.08% today
+24.8% since Oct 9, 25
1-year low $8.911-year high $14.10
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Two Harbors Investment sold, what it kept, and what it did with the cash.
Sales went from $407 million in 2022 to $115 million in 2025, with -$454 million of profit last year.
SalesProfit
Two Harbors Investment vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Two Harbors Investment | No profit yet | ||
 Annaly Capital Management | 6.8× · Cheap | ||
 AGNC Investment | 6.3× · Cheap | ||
 Rithm Capital | 7.4× · Cheap | ||
 Starwood Property | 10.4× · Cheap |
AI analysis
An AI analyst reads Two Harbors Investment's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 407 | 32 | 511 | 115 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 220 | -106 | 298 | -454 | |
| 2.13 | -1.60 | 2.37 | -4.88 | |
| – | – | – | – | |
| – | – | – | – | |
| 54.1% | -334.7% | 58.4% | -394.8% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 13,466 | 13,139 | 12,204 | 10,859 |
| Cash | 683 | 730 | 505 | 842 |
| Total debt | 1,799 | 1,893 | 1,282 | 1,302 |
| Total liabilities | 11,283 | 10,935 | 10,082 | 9,071 |
| 2,184 | 2,203 | 2,123 | 1,788 | |
| 96 | 96 | 106 | 104 | |
| – | – | – | – | |
| 10.1% | -4.8% | 14.0% | -25.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 623 | 344 | 201 | 89 | |
| 630 | 313 | 114 | 104 | |
| -6 | 31 | 87 | -15 | |
| Dividends paid | 290 | 247 | 235 | 222 |
| 51 | 22 | 11 | 0 | |
| 12 | 11 | 11 | 13 |
Valuation
- –
- 10.7×
- –
- 0.8×
- 11.1×
- –
- –
- -1.2%
- -35.5%
- 11.4%
Profitability
- 88.0%
- 57.3%
- -394.8%
- 9.1%
- 4.3%
- 0.1%
- -19.1%
- -3.3%
- 21.7%
- –
Growth
- −34.4%
- –
- −117.3%
- −4.0%
- +8.8%
Financial health
- 111.7×
- 4.79
- 78.7%
- 1.0×
- 0.09
- 0.09
- 0.07
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 47%of 744
Top 28%of 750
Bottom 1%of 760
Bottom 15%of 761
What analysts expect
- Average price target
- $14.00
- Range
- $14.00 – $14.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 0.34 | 0.26 | +31.0% |
| Feb 2, 2026 | 0.26 | 0.30 | −13.3% |
| Jul 31, 2023 | -0.04 | 0.29 | −113.8% |
| May 1, 2023 | 0.09 | -1.04 | +108.7% |
| Feb 8, 2023 | 0.26 | 0.25 | +4.0% |
| Nov 8, 2022 | 0.61 | 0.64 | −4.7% |
| Aug 3, 2022 | 0.88 | 0.60 | +46.7% |
| May 4, 2022 | 0.72 | 0.72 | +0.0% |
11.4%of the share price, paid each year
On $1,000 invested$114a year at today's yield, before tax
−4.0%2020 to 2025
Raised–not every year
Paid per share, each year
$6.81 in 2015 → $1.63 in 2025
How safe it looks
-62.0% of its profit
Room to growStretchedMore than it earns: -1,133.9%
News
Grand Theft Auto VI Makes Take-Two Stock Look Like a StealYahoo Finance · Nov 13, 2026Tesla Vs. Nvidia: The Regulatory Crosshairs are Trained on These Two Mag 7 Shares, One is Worse OffYahoo Finance · Nov 12, 2026Take-Two reiterates FY2027 net bookings of $8B-$8.2B as Grand Theft Auto VI preorders track “far in excess”Seeking Alpha · Nov 10, 2026GTA VI Launches in 10 Days, and Take-Two's Forecast Might Be Too Low. Is the Stock a Buy Before Nov. 19?Yahoo Finance · Nov 9, 2026Two months after my father’s funeral, my stepmother asked me to repay his $40,000 wedding gift. Should I do what she says?MarketWatch · Nov 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
27No pass
Benjamin Graham
24No pass
Philip Fisher
54No pass
Peter Lynch
50No pass
Joel Greenblatt
27No pass
Charlie Munger
40No pass
Terry Smith
31No pass
Questions about Two Harbors Investment
Is Two Harbors Investment a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Two Harbors Investment AI analysis
What does Two Harbors Investment do?
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. It is in REIT - Mortgage.
Does Two Harbors Investment pay a dividend?
Yes. At today's price the dividend is 11.4% a year. In 2025 it paid out $222 million in dividends.
Is Two Harbors Investment stock halal?
No. Two Harbors Investment does not pass our halal screen: its main business, mortgage lending, is not permitted. How we check
Who are Two Harbors Investment's competitors?
The largest listed companies in the same industry are Annaly Capital Management, AGNC Investment, Rithm Capital and Starwood Property. The peers table on this page compares their profit, growth and price with Two Harbors Investment's.
Prices: daily closes to Aug 24, 2026. Fundamentals: company reports via invest-like data.