Media headlines about Two Harbors Investment (NYSE:TWO) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Two Harbors Investment earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.6679181824938 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
Several equities analysts have weighed in on TWO shares. Maxim Group reaffirmed a “buy” rating and issued a $17.00 price objective (down from $20.50) on shares of Two Harbors Investment in a report on Thursday, November 9th. ValuEngine cut Two Harbors Investment from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research raised Two Harbors Investment from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Wednesday, October 25th. B. Riley raised Two Harbors Investment from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $20.00 to $16.50 in a report on Friday, November 10th. They noted that the move was a valuation call. Finally, Barclays lifted their price objective on Two Harbors Investment from $10.00 to $17.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Two Harbors Investment currently has a consensus rating of “Buy” and an average target price of $18.00.
Two Harbors Investment (NYSE TWO) opened at $15.09 on Wednesday. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.37. Two Harbors Investment has a fifty-two week low of $13.85 and a fifty-two week high of $33.50. The company has a market capitalization of $2,630.00, a price-to-earnings ratio of 10.20 and a beta of 0.32.
Two Harbors Investment (NYSE:TWO) last posted its quarterly earnings results on Tuesday, February 6th. The real estate investment trust reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Two Harbors Investment had a return on equity of 10.06% and a net margin of 41.26%. The company had revenue of $100.31 million during the quarter, compared to analysts’ expectations of $112.40 million. During the same quarter in the previous year, the firm earned $0.24 EPS. research analysts expect that Two Harbors Investment will post 1.87 earnings per share for the current fiscal year.
In other Two Harbors Investment news, CEO Thomas Siering purchased 3,000 shares of the stock in a transaction dated Monday, February 12th. The stock was bought at an average price of $14.85 per share, with a total value of $44,550.00. Following the acquisition, the chief executive officer now owns 898,683 shares of the company’s stock, valued at $13,345,442.55. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Mary Kathryn Riskey sold 3,186 shares of the business’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $15.16, for a total value of $48,299.76. Following the transaction, the chief accounting officer now directly owns 40,624 shares of the company’s stock, valued at approximately $615,859.84. The disclosure for this sale can be found here. Insiders have sold a total of 81,283 shares of company stock valued at $1,232,498 in the last three months. 1.16% of the stock is owned by insiders.
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About Two Harbors Investment
Two Harbors Investment Corp. is a real estate investment trust. The Company is focused on investing in, financing and managing residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR), commercial real estate and other financial assets (collectively known as target assets). Its investment objective is to provide attractive risk-adjusted total return to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation.
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