TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 (TWOD) Stock Fundamental Analysis
USA - NYSE:TWOD - US90187B8871
25.92 USD
+0.09 (+0.35%)
Overall TWOD gets a fundamental rating of 3 out of 10. We evaluated TWOD against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. TWOD has a medium profitability rating, but doesn't score so well on its financial health evaluation. TWOD is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TWOD was profitable.
In the past year TWOD has reported a negative cash flow from operations.
In multiple years TWOD reported negative net income over the last 5 years.
In the past 5 years TWOD always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.23%, TWOD is doing worse than 80.88% of the companies in the same industry.
TWOD has a worse Return On Equity (-13.69%) than 82.35% of its industry peers.
TWOD has a Return On Invested Capital of 0.23%. This is in the lower half of the industry: TWOD underperforms 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.23% | ||
| ROE | -13.69% | ||
| ROIC | 0.23% |
ROA(3y)0.75%
ROA(5y)-1.08%
ROE(3y)4.44%
ROE(5y)-7.45%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of TWOD has grown nicely.
TWOD's Operating Margin of 2.90% is on the low side compared to the rest of the industry. TWOD is outperformed by 70.59% of its industry peers.
TWOD's Operating Margin has improved in the last couple of years.
TWOD has a Gross Margin of 42.34%. This is amongst the best in the industry. TWOD outperforms 82.35% of its industry peers.
In the last couple of years the Gross Margin of TWOD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.9% | ||
| PM (TTM) | N/A | ||
| GM | 42.34% |
OM growth 3Y-12.74%
OM growth 5Y2.85%
PM growth 3Y-8.93%
PM growth 5Y1.71%
GM growth 3Y-9.32%
GM growth 5Y7.66%
2. Health
2.1 Basic Checks
TWOD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TWOD has been increased compared to 5 years ago.
The debt/assets ratio for TWOD has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -1.03, we must say that TWOD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -1.03, TWOD is not doing good in the industry: 94.12% of the companies in the same industry are doing better.
A Debt/Equity ratio of 4.76 is on the high side and indicates that TWOD has dependencies on debt financing.
TWOD's Debt to Equity ratio of 4.76 is in line compared to the rest of the industry. TWOD outperforms 51.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.76 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.17 indicates that TWOD may have some problems paying its short term obligations.
TWOD's Current ratio of 0.17 is in line compared to the rest of the industry. TWOD outperforms 50.00% of its industry peers.
TWOD has a Quick Ratio of 0.17. This is a bad value and indicates that TWOD is not financially healthy enough and could expect problems in meeting its short term obligations.
TWOD has a Quick ratio of 0.17. This is comparable to the rest of the industry: TWOD outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
TWOD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 350.00%, which is quite impressive.
The earnings per share for TWOD have been decreasing by -36.86% on average. This is quite bad
Looking at the last year, TWOD shows a quite strong growth in Revenue. The Revenue has grown by 11.13% in the last year.
TWOD shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.54% yearly.
EPS 1Y (TTM)350%
EPS 3Y-44.86%
EPS 5Y-36.86%
EPS Q2Q%176.92%
Revenue 1Y (TTM)11.13%
Revenue growth 3Y37.26%
Revenue growth 5Y-1.54%
Sales Q2Q%54.63%
3.2 Future
Based on estimates for the next years, TWOD will show a very strong growth in Earnings Per Share. The EPS will grow by 38.92% on average per year.
The Revenue is expected to grow by 7.29% on average over the next years.
EPS Next Y133.22%
EPS Next 2Y62.78%
EPS Next 3Y38.92%
EPS Next 5YN/A
Revenue Next Year38.42%
Revenue Next 2Y19.91%
Revenue Next 3Y7.29%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.00, the valuation of TWOD can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of TWOD is on the same level as its industry peers.
TWOD's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.13.
With a Price/Forward Earnings ratio of 17.79, TWOD is valued on the expensive side.
Based on the Price/Forward Earnings ratio, TWOD is valued a bit more expensive than the industry average as 70.59% of the companies are valued more cheaply.
TWOD's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24 | ||
| Fwd PE | 17.79 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TWOD's earnings are expected to grow with 38.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y62.78%
EPS Next 3Y38.92%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 16.91%, TWOD is a good candidate for dividend investing.
TWOD's Dividend Yield is rather good when compared to the industry average which is at 13.16. TWOD pays more dividend than 88.24% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, TWOD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.91% |
5.2 History
The dividend of TWOD decreases each year by -22.81%.
TWOD does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)-22.81%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
The earnings of TWOD are negative and hence is the payout ratio. TWOD will probably not be able to sustain this dividend level.
DP-95.66%
EPS Next 2Y62.78%
EPS Next 3Y38.92%
TWO HARBORS INV CORP - TWO 9 3/8 08/15/30
NYSE:TWOD (11/5/2025, 8:04:00 PM)
25.92
+0.09 (+0.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners73.23%
Inst Owner ChangeN/A
Ins Owners0.85%
Ins Owner ChangeN/A
Market Cap2.70B
Revenue(TTM)933.29M
Net Income(TTM)-242616000
Analysts72.31
Price Target30.5 (17.67%)
Short Float %0%
Short Ratio0.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.91% |
Yearly Dividend2.27
Dividend Growth(5Y)-22.81%
DP-95.66%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.86%
Min EPS beat(2)-24.05%
Max EPS beat(2)-1.67%
EPS beat(4)0
Avg EPS beat(4)-26.75%
Min EPS beat(4)-44.22%
Max EPS beat(4)-1.67%
EPS beat(8)0
Avg EPS beat(8)-49.08%
EPS beat(12)0
Avg EPS beat(12)-61.9%
EPS beat(16)2
Avg EPS beat(16)-46.7%
Revenue beat(2)2
Avg Revenue beat(2)12.53%
Min Revenue beat(2)5.25%
Max Revenue beat(2)19.81%
Revenue beat(4)3
Avg Revenue beat(4)6.94%
Min Revenue beat(4)-30.77%
Max Revenue beat(4)33.5%
Revenue beat(8)5
Avg Revenue beat(8)477.35%
Revenue beat(12)8
Avg Revenue beat(12)44113.3%
Revenue beat(16)12
Avg Revenue beat(16)33397.5%
PT rev (1m)3.38%
PT rev (3m)-11.36%
EPS NQ rev (1m)3.94%
EPS NQ rev (3m)-0.34%
EPS NY rev (1m)1.96%
EPS NY rev (3m)-9.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24 | ||
| Fwd PE | 17.79 | ||
| P/S | 2.89 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.52 | ||
| P/tB | 1.52 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.08
EY4.17%
EPS(NY)1.46
Fwd EY5.62%
FCF(TTM)-0.47
FCFYN/A
OCF(TTM)-0.47
OCFYN/A
SpS8.96
BVpS17.01
TBVpS17.01
PEG (NY)0.18
PEG (5Y)N/A
Graham Number20.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.23% | ||
| ROE | -13.69% | ||
| ROCE | 0.83% | ||
| ROIC | 0.23% | ||
| ROICexc | 0.24% | ||
| ROICexgc | 0.25% | ||
| OM | 2.9% | ||
| PM (TTM) | N/A | ||
| GM | 42.34% | ||
| FCFM | N/A |
ROA(3y)0.75%
ROA(5y)-1.08%
ROE(3y)4.44%
ROE(5y)-7.45%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y18.51%
ROICexgc growth 5Y28.04%
ROICexc growth 3Y18.92%
ROICexc growth 5Y27.73%
OM growth 3Y-12.74%
OM growth 5Y2.85%
PM growth 3Y-8.93%
PM growth 5Y1.71%
GM growth 3Y-9.32%
GM growth 5Y7.66%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.76 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.05 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | -1.03 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)350%
EPS 3Y-44.86%
EPS 5Y-36.86%
EPS Q2Q%176.92%
EPS Next Y133.22%
EPS Next 2Y62.78%
EPS Next 3Y38.92%
EPS Next 5YN/A
Revenue 1Y (TTM)11.13%
Revenue growth 3Y37.26%
Revenue growth 5Y-1.54%
Sales Q2Q%54.63%
Revenue Next Year38.42%
Revenue Next 2Y19.91%
Revenue Next 3Y7.29%
Revenue Next 5YN/A
EBIT growth 1Y113.23%
EBIT growth 3Y19.78%
EBIT growth 5Y1.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-110.49%
FCF growth 3Y-22%
FCF growth 5Y-28.24%
OCF growth 1Y-110.49%
OCF growth 3Y-22%
OCF growth 5Y-28.24%
TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 / TWOD FAQ
Can you provide the ChartMill fundamental rating for TWO HARBORS INV CORP - TWO 9 3/8 08/15/30?
ChartMill assigns a fundamental rating of 3 / 10 to TWOD.
What is the valuation status for TWOD stock?
ChartMill assigns a valuation rating of 3 / 10 to TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 (TWOD). This can be considered as Overvalued.
How profitable is TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 (TWOD) stock?
TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 (TWOD) has a profitability rating of 4 / 10.
What are the PE and PB ratios of TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 (TWOD) stock?
The Price/Earnings (PE) ratio for TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 (TWOD) is 24 and the Price/Book (PB) ratio is 1.52.
Can you provide the financial health for TWOD stock?
The financial health rating of TWO HARBORS INV CORP - TWO 9 3/8 08/15/30 (TWOD) is 1 / 10.