For its third fiscal quarter (ending September 30), Two Harbors Investment Corp (NYSE: TWO) has reported a -180% decline in E.P.S. from $3.04 a year ago to $-2.42 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-4.70 compared to $0.02 a year ago — a decline of -23600%.
Recent Price Action
On 10/28/24, Two Harbors Investment Corp (NYSE: TWO) stock declined slightly by -0.5%, closing at $12.81. Moreover, this decline was accompanied by unusually high trading volume at 152% of normal. The stock has performed in line with the market over the last nine months and has declined -2.6% during the last week.
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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Two Harbors Investment has a neutral Power Rating of 53 and a neutral Appreciation Score of 56, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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