TWO HARBORS INVESTMENT CORP (TWO) Forecast, Price Target & Analyst Ratings

NYSE:TWOUS90187B8046

Current stock price

11.015 USD
-0.1 (-0.94%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TWO HARBORS INVESTMENT CORP (TWO).

Forecast Snapshot

Consensus Price Target

Price Target
$12.50
+ 13.44% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$0.28
Revenue Estimate
-15.403M

ChartMill Buy Consensus

Rating
52.50%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$12.50
Upside
+ 13.44%
From current price of $11.02 to mean target of $12.50, Based on 16 analyst forecasts
Low
$11.11
Median
$12.24
High
$14.70

Price Target Revisions

1 Month
0.00%
3 Months
12.39%

Price Target Summary

16 Wall Street analysts provided a forecast for the next 12 months for TWO. The average price target is 12.5 USD. This implies a price increase of 13.44% is expected in the next year compared to the current price of 11.015.
The average price target has been revised upward by 12.39% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

TWO Current Analyst RatingTWO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

TWO Historical Analyst RatingsTWO Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
52.50%
TWO was analyzed by 16 analysts. The buy percentage consensus is at 53. So analysts seem to be rather neutral about TWO.
In the last month the buy percentage fell by 16 points. So the trust of analysts is decreasing.
TWO was analyzed by 16 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-27Compass PointDowngrade Buy -> Neutral
2026-02-04JP MorganMaintains Neutral -> Neutral
2026-01-23UBSDowngrade Buy -> Neutral
2025-12-18Maxim GroupDowngrade Buy -> Hold
2025-10-20JP MorganMaintains Neutral -> Neutral
2025-09-03UBSMaintains Buy -> Buy
2025-07-29Maxim GroupMaintains Buy -> Buy
2025-07-10UBSMaintains Buy -> Buy
2025-07-03JMP SecuritiesDowngrade Market Outperform -> Market Perform
2025-05-28RBC CapitalMaintains Sector Perform -> Sector Perform
2025-05-01UBSMaintains Buy -> Buy
2025-04-30Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-04-17JMP SecuritiesMaintains Market Outperform -> Market Outperform
2025-04-16JP MorganMaintains Neutral -> Neutral
2025-04-08Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-02-13RBC CapitalMaintains Sector Perform -> Sector Perform
2025-01-31JP MorganMaintains Neutral -> Neutral
2025-01-23JMP SecuritiesReiterate Market Outperform -> Market Outperform
2025-01-21JP MorganMaintains Neutral -> Neutral
2024-11-25Compass PointMaintains Buy -> Buy
2024-11-01RBC CapitalMaintains Sector Perform -> Sector Perform
2024-10-30JP MorganMaintains Neutral -> Neutral
2024-10-17JMP SecuritiesMaintains Market Outperform -> Market Outperform
2024-10-03Compass PointInitiate Buy
2024-08-28JMP SecuritiesReiterate Market Outperform -> Market Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$0.28
Revenue Estimate
-15.403M
Revenue Q2Q
24.24%
EPS Q2Q
15.31%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
15.55%
EPS (1 Month)
0.00%
EPS (3 Months)
-21.39%

Next Earnings Summary

TWO is expected to report earnings on 4/27/2026. The consensus EPS estimate for the next earnings is 0.28 USD and the consensus revenue estimate is -15.40M USD.
The next earnings revenue estimate has been revised upward by 15.55% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.

Full Analyst Estimates 2026 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
TWO revenue by date.TWO revenue by date.
769.953M
0.99%
1.139B
47.92%
618.61M
-45.68%
-62.11M
-110.04%
-62.317M
-0.33%
EBITDA
YoY % growth
TWO ebitda by date.TWO ebitda by date.
N/AN/AN/AN/AN/A
EBIT
YoY % growth
TWO ebit by date.TWO ebit by date.
-57.037M
-117.43%
345.468M
705.69%
-59.293M
-117.16%
N/AN/A
Operating Margin
TWO operating margin by date.TWO operating margin by date.
-7.41%30.33%-9.58%N/AN/A
EPS
YoY % growth
TWO eps by date.TWO eps by date.
-0.07
-102.80%
0.55
885.71%
1.14
107.27%
1.19
4.01%
1.38
16.70%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth
0.28
15.31%
0.28
1.00%
0.30
-15.83%
0.32
21.98%
0.37
35.04%
0.36
28.57%
0.36
20.00%
0.36
14.65%
Revenue
Q2Q % growth
-15.403M
24.24%
-15.321M
21.91%
-16.172M
31.20%
-15.214M
1.77%
N/AN/AN/AN/A
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TWO Yearly Revenue VS EstimatesTWO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 500M -500M 1B -1B
TWO Yearly EPS VS EstimatesTWO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

TWO HARBORS INVESTMENT CORP / TWO Forecast FAQ

What do analysts expect the price target to be for TWO HARBORS INVESTMENT CORP (TWO)?

16 analysts have analysed TWO and the average price target is 12.5 USD. This implies a price increase of 13.44% is expected in the next year compared to the current price of 11.015.

What is the next earnings date for TWO stock?

TWO HARBORS INVESTMENT CORP (TWO) will report earnings on 2026-04-27, after the market close.

What are the consensus estimates for TWO HARBORS INVESTMENT CORP (TWO) next earnings?

The consensus EPS estimate for the next earnings of TWO HARBORS INVESTMENT CORP (TWO) is 0.28 USD and the consensus revenue estimate is -15.40M USD.

How do analysts rate TWO HARBORS INVESTMENT CORP (TWO)?

The consensus rating for TWO HARBORS INVESTMENT CORP (TWO) is 52.5 / 100 . This indicates that analysts generally have a neutral outlook on the stock.