Alert: Positive Investment/Fundamental Signals (5/6/24)-Two Harbors Investment Corp (NYSE: TWO)

out_logo_500#63924.jpg

Two Harbors Investment Corp (NYSE: TWO) has recently enjoyed extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Notable positive changes in fundamentals have recently occurred for Two Harbors Investment Corp (NYSE: TWO): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

out_mm#63924.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, TWO is expected to continue to be a major Value Builder.

Two Harbors Investment has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Two Harbors Investment has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 31, and the Negative Value Trend Rating results.

Recent Price Action

On 5/6/24, Two Harbors Investment Corp (NYSE: TWO) stock rose modestly by 0.5%, closing at $13.15. However, below average trading volume at 80% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 4.9% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*