Business Wire (Thu, 4:09PM)
Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
7,744 people get TWO articles and Market Currents by email alert.
Get email alerts on TWO »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
Business Wire (May 7, 2013)
-
-
Business Wire (May 6, 2013)
-
-
Business Wire (May 2, 2013)
-
Business Wire (May 2, 2013)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Two Harbors Investment - Investor Day HighlightsStone Fox Capital • Wed, Oct 24, 2012
-
-
-
-
-
-
-
-
-
-
-
Business Wire (Thu, 4:09PM)
-
Business Wire (May 7, 2013)
-
Business Wire (May 6, 2013)
-
Business Wire (May 2, 2013)
-
Business Wire (May 2, 2013)
-
Business Wire (Apr 18, 2013)
-
Business Wire (Apr 15, 2013)
-
at CNBC.com (Apr 8, 2013)
-
Business Wire (Apr 2, 2013)
-
Business Wire (Mar 22, 2013)
-
at CNBC.com (Mar 21, 2013)
-
Business Wire (Mar 19, 2013)
-
Business Wire (Mar 18, 2013)
-
Business Wire (Mar 18, 2013)
-
Business Wire (Mar 14, 2013)
-
Business Wire (Feb 27, 2013)
-
Business Wire (Feb 6, 2013)
TWO vs. ETF Alternatives
Company Description
Currently, there's no company description for TWO.
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, May 8, 1:12 PM Two Harbors (TWO +6.1%) continues sharply higher post-earnings, with management noting (CC transcript) (presentation) this month's acquisition of a mortgage servicing outfit gives the company entry into the lucrative MSR business, but with little potential legal liability. The purchased company - Matrix FIn'l Services - has just 10 employees and hasn't originated loans in "many, many years ... a very clean acquisition." Comment! [Financials, On the Move]
- Tuesday, May 7, 4:34 PM More on Two Harbors (TWO) Q1 earnings: Book value/share of $11.19 vs. $11.54 on Dec. 31, but special dividend of Silver Bay (SBY) stock amounted to $1.01, so book value actually rose nicely. Closing stock price today of $11.59. Net interest spread of 2.9%, unchanged from Q4. Shares +3.5% AH. Earnings call tomorrow at 9 ET. (PR) 2 Comments [Earnings, Financials, On the Move]
- Tuesday, May 7, 4:18 PM Two Harbors Investment (TWO): Q1 EPS of $0.29 misses by $0.03. (PR) 2 Comments [Earnings, Financials, Breaking News]
- Tuesday, May 7, 12:10 AM Notable earnings after Tuesday’s close: ANDE, ARAY, AWK, AXLL, BIO, BIOL, BMC, BWC, CA, CDXS, CHRW, CODI, DGI, DGIT, DIS, DVA, EA, ENPH, EXEL, GA, GPOR, HTA, IAG, JAZZ, KGC, LYV, MAKO, MCEP, MCK, MDLZ, MITK, MRO, MYGN, NVTL, OAS, OCLR, OHI, ONXX, ORA, PRI, RBCN, SD, SGEN, SYMC, SYNC, TRIP, TWO, URS, VCLK, WBMD, WFM, WMB, WPZ, WTI, Z 1 Comment [Earnings]
- Monday, May 6, 5:35 PM Notable earnings after Tuesday’s close: ANDE, ARAY, AWK, AXLL, BIO, BIOL, BMC, BWC, CA, CDXS, CHRW, CODI, DGI, DGIT, DIS, DVA, EA, ENPH, EXEL, GTEK, GA, GPOR, IAG, JAZZ, KGC, LYV, MAKO, MCEP, MCK, MDLZ, MITK, MRO, MYGN, NVTL, OAS, OCLR, OHI, ONXX, ORA, PRI, RBCN, SD, SGEN, SYMC, SYNC, TRIP, TWO, URS, VCLK, WBMD, WFM, WMB, WPZ, WTI, Z 1 Comment [Earnings]
- Thursday, May 2, 9:35 PM Two Harbors greases its way further into the lucrative specialty servicer business, purchasing a company which has approvals from Fannie, Freddie, and Ginnie to hold and manage mortgage servicing rights. TWO will discuss the purchase and its implications in greater detail at its Q1 earnings call on Wed. May 8 at 9 ET. Shares -2.6% AH as all the mREITs (MORT -2.2% AH) get whacked on the AGNC news. Comment! [Financials]
- Thursday, April 18, 11:17 PM Mortgage REITs (MORT) catch the eye of D.C., with the Financial Stability Oversight Council reportedly set to cite the industry as a potential source of market vulnerability. The companies have seen assets quadruple to over $400B since 2009, but Annaly (NLY) CEO Wellington Denahan notes their capital bases have risen as well. A Two Harbors (TWO) presentation (page 8) shows mREITs are relatively small players in the MBS market. Maybe the Fed and the GSEs just don't like the competition. Annaly and American Capital (AGNC) are the 2 biggest mREITs, with Two Harbors a distant 3rd. 42 Comments [Financials]
- Wednesday, April 17, 1:01 PM Often a spot to hide during big selloffs, mortgage REITs (MORT -2.3%) slide sharply as well, particularly the hybrids (exposed to credit risk through non-agency MBS holdings). IVR -2.3%, TWO -3.3%, DX -2.5%. The sector giants: NLY -2.2%, AGNC -1.3%. One trader reminds mREITs are small caps and the Russell 2000 (IWM -2.2%) has been particularly hard hit of late. The 10-15% yields offer a nice palliative. 2 Comments [Financials, On the Move]
- Monday, April 15, 5:16 PM Despite the explosion in AUM at mortgage REITs, they remain relatively small holders of mortgages in a market dominated by banks, the GSEs, the Fed, and others, according to an mREIT "primer" from Two Harbors (TWO). The company's non-agency MBS holdings have a net interest spread of 6.9%, allowing the overall portfolio a 2.9% margin even as agency spreads sink south of 2%. Comment! [Financials]
- Thursday, March 28, 12:10 PM Two Harbors (TWO) trades down $0.91 to $12.65 as it goes ex-dividend for the distribution of stock in SilverBay Realty (SBY +4%) to shareholders. SilverBay's big move higher today (equivalent to a dollar for every share received), already puts owners ahead on the transaction. 2 Comments [Financials]
-
Thursday, March 28, 9:10 AM
Premarket gainers: RPRX +75%. CTIC +14%. ONCY +8%. EXM +7%. DECK +6%. XONE +6%.
Losers: TWO -8%. FIVE -7%. GME -5%. 1 Comment [On the Move] - Monday, March 25, 4:16 PM Two Harbors Investment (TWO) owners of record on April 2 will receive approximately 0.049 shares (about $0.9325 worth at today's closing price) of Silver Bay Realty (SBY) common stock for each share of Two Harbors common they own. The ex-dividend date is March 28 and the distribution will be made on or about April 24. (PR) 12 Comments [Financials, Breaking News]
- Tuesday, March 19, 9:14 AM Two Harbors (TWO) prices its giant 50M share secondary offering at $13.46/share for gross proceeds of about $673M. The underwriters retain an option for another 7.5M shares. Stock is lower by 1.3% to $13.69 premarket. (PR) 6 Comments [Financials, On the Move]
- Monday, March 18, 5:24 PM Two Harbors Investment Corp (TWO) declares $0.32/share quarterly dividend. For shareholders of record Apr. 02. Payable Apr. 24. Ex-div date Mar. 28. (PR) Comment! [Dividends]
- Monday, March 18, 4:19 PM Two Harbors (TWO) announces a Q1 dividend of $0.32/share plus a special dividend in which spun off Silver Bay (SBY) stock will be distributed to shareholders of record as of April 2. The company also commences a secondary offering of 50M shares, about one-sixth of the current float. Shares -2.1% AH. Comment! [Financials, On the Move, Breaking News]
- Thursday, March 14, 4:32 PM Two Harbors (TWO) may have another profitable line of business open to it as one of its subsidiaries is approved as a servicer for Freddie Mac-insured mortgages. The approval allows the company to get into the lucrative mortgage servicing rights business. (PR) Comment! [Financials]
-
- View all 0 replies
-
- View all 0 replies
-
- View all 1 replies
-
djmansfield: All mREITS are suffering today. A movement of +/-1.5% in a day is not at all unusual anyway.
-
- View all 0 replies
-
- View all 0 replies
-
- View all 5 replies
-
NV_GARY: bestonline... 28 is not showing up as a low- maybe pre-market? Low is 30.86 today.
-
bestonlinenameever: it was premarket, thats why only 200 shares had traded- i wish i had been the buyer
-
- View all 0 replies
-
Vertical Spread
Security: TWO HARBORS INVESTMENT CORP ($TWO) Amount Credited: $48.00.. a round of Guinness on me! - View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
LATEST REPLIES
-
- View all 1 replies
-
djmansfield: All mREITS are suffering today. A movement of +/-1.5% in a day is not at all unusual anyway.
-
- View all 5 replies
-
NV_GARY: bestonline... 28 is not showing up as a low- maybe pre-market? Low is 30.86 today.
-
bestonlinenameever: it was premarket, thats why only 200 shares had traded- i wish i had been the buyer
-
- View all 1 replies
-
NV_GARY: $TWO.WS? are those the warrants that changed price from 11.00 to 10.25 in the 8K announcement yesterday. I don't get it. Supposed to be SBY
-
Dividend Living
http://on.wsj.com/YvN2uc perhaps this article is what is causing the selloff in mREITs? looks like a great buying opportunity for $TWO - View all 1 replies
-
Complete n00b: It looks like most of them are down today... perhaps you are right...
-
Vertical Spread
Got the free Silver Bay shares today spun off of $TWO. So weird to see your portfolio with a new name in it, that you didn't buy. - View all 11 replies
-
Vertical Spread: My SBY's are there, and a nice note from E*Trade to boot. You Scottraders should switch teams! Minor hiccup re: TWO.WS, all good now!.
-
Complete n00b: Still nothing in Sharebuilder... Maybe time to jump ship. :(
-
- View all 2 replies
-
mrmedusa: http://seekingalpha.com/n/jmdh I am glad I bought a bit more TWO to get more SBY. Now we'll see....
-
mrmedusa: Absolutely. I'm now on the 401 committee at work. We meet4/23 to discuss roth 401.
-
Patrick Harden
Think $TWO shareholders are somewhat disappointed by the paltry $0.01 dividend from $SBY? Gonna take $SBY a while to ramp up dividend. - View all 1 replies
-
DaLatin: I'm ok & share price creeped back up. Didn't close on high,but, aok 4 me.
-
- View all 1 replies
-
-
- View all 15 replies
-
Ocean Man: I found it interesting that SN funded that acquisition with convertible preferred shares rather than debt. Still analyzing the acreage.
-
-
- View all 1 replies
-
-
Paul Frederickson
$TWO announces dividend, special dividend and public offering... I'm interested to see how the market reacts - View all 1 replies
-
-
- View all 2 replies
-
-
Overanalytical: I keep waiting and waiting to get into this one...but it just doesn't stop!
-
Vertical Spread
Going more boring for 2013, just bought some more $TWO, $EVN, $IGD. See if a dividend shot cures my ills. - View all 7 replies
-
-
-
- View all 12 replies
-
Joseph P. Porter: Sorry, Joe - this thread hasn't been touched in almost 5 months. No longer into mREITs, Check with a more current thread.
-
-
- View all 4 replies
-
-