Two Harbors Investment Corp. (TWO-PB)

USD 23.86

(0.0%)

Market Cap (In USD)

1.22 Billion

Revenue (In USD)

257.07 Million

Net Income (In USD)

-106.37 Million

Avg. Volume

19.26 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
21.45-25.43
PE
-
EPS
-
Beta Value
1.889
ISIN
US90187B3096
CUSIP
90187B309
CIK
1465740
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. William Ross Greenberg
Employee Count
-
Website
https://www.twoharborsinvestment.com
Ipo Date
2017-07-14
Details
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. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.