On Tuesday, Two Harbors Investment Corp (NYSE: TWO) opened lower -1.27% from the last session, before settling in for the closing price of $11.81. Price fluctuations for TWO have ranged from $11.28 to $14.59 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 1039.15%. Company’s average yearly earnings per share was noted 932.17% at the time writing. With a float of $102.49 million, this company’s outstanding shares have now reached $103.21 million.
The extent of productivity of a business whose workforce counts for 466 workers is very important to gauge. In terms of profitability, gross margin is 120.9%, operating margin of 7.71%, and the pretax margin is 73.52%.
Two Harbors Investment Corp (TWO) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of Two Harbors Investment Corp is 1.12%, while institutional ownership is 67.57%. The most recent insider transaction that took place on Aug 28 ’24, was worth 43,024. Before that another transaction happened on Aug 16 ’24, when Company’s Chief Investment Officer sold 8,654 for $13.63, making the entire transaction worth $117,954. This insider now owns 105,644 shares in total.
Two Harbors Investment Corp (TWO) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.46) by -0.57. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 932.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.33% during the next five years compared to 5.69% growth over the previous five years of trading.
Two Harbors Investment Corp (NYSE: TWO) Trading Performance Indicators
Check out the current performance indicators for Two Harbors Investment Corp (TWO). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85. Likewise, its price to free cash flow for the trailing twelve months is 3.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.84, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.73 in one year’s time.
Technical Analysis of Two Harbors Investment Corp (TWO)
The latest stats from [Two Harbors Investment Corp, TWO] show that its last 5-days average volume of 0.94 million was inferior to 1.11 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.73%. Additionally, its Average True Range was 0.24.
During the past 100 days, Two Harbors Investment Corp’s (TWO) raw stochastic average was set at 12.77%, which indicates a significant decrease from 41.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.99% in the past 14 days, which was lower than the 23.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.56, while its 200-day Moving Average is $12.94. Now, the first resistance to watch is $11.79. This is followed by the second major resistance level at $11.92. The third major resistance level sits at $12.05. If the price goes on to break the first support level at $11.52, it is likely to go to the next support level at $11.39. The third support level lies at $11.26 if the price breaches the second support level.
Two Harbors Investment Corp (NYSE: TWO) Key Stats
There are currently 103,650K shares outstanding in the company with a market cap of 1.21 billion. Presently, the company’s annual sales total 480,360 K according to its annual income of -106,370 K. Last quarter, the company’s sales amounted to 112,640 K and its income totaled -238,490 K.
