Two Harbors Investment Corp. (TWO-PC)

USD 24.85

(-0.12%)

Market Cap (In USD)

1.22 Billion

Revenue (In USD)

257.07 Million

Net Income (In USD)

-106.37 Million

Avg. Volume

19.73 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
21.58-25.0
PE
-
EPS
-
Beta Value
1.889
ISIN
US90187B5075
CUSIP
90187B507
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
2017-11-20
Details
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. It 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 St. Louis Park, Minnesota.

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