About Two Harbors Investment Corp.
https://www.twoharborsinvestment.comTwo Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.
CEO
William Ross Greenberg
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 2 of 5
Ratings Snapshot
Rating : C
Price Target
Institutional Ownership
Summary
Showing Top 1 of 1
About Two Harbors Investment Corp.
https://www.twoharborsinvestment.comTwo Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $247.57M ▲ | $21.31M ▲ | $-127.92M ▲ | -51.67% ▼ | $-1.36 ▲ | $-9.6M ▼ |
| Q2-2025 | $-14.67M ▲ | $-14.67M ▼ | $-259.04M ▼ | 1.77K% ▲ | $-2.62 ▼ | $0 |
| Q1-2025 | $-31.53M ▼ | $74.65M ▼ | $-79.06M ▼ | 250.73% ▲ | $-0.89 ▼ | $0 |
| Q4-2024 | $348.49M ▲ | $348.77M ▲ | $276.73M ▲ | 79.41% ▼ | $2.82 ▲ | $0 |
| Q3-2024 | $-210.36M | $-210.36M | $-238.49M | 113.37% | $-2.42 | $0 |
What's going well?
Revenue bounced back sharply this quarter, and net losses were cut in half. Operating income turned positive, showing potential for a turnaround if these gains are sustainable.
What's concerning?
Core operations are still losing money, and the profit improvement is mostly due to unusual, non-operating gains. High interest costs and negative gross margins point to ongoing business challenges.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $7.12B ▲ | $10.87B ▼ | $9.09B ▼ | $1.77B ▼ |
| Q2-2025 | $658.09M ▲ | $12.96B ▼ | $11.07B ▼ | $1.89B ▼ |
| Q1-2025 | $574.13M ▲ | $13.68B ▲ | $11.54B ▲ | $2.15B ▲ |
| Q4-2024 | $504.88M ▼ | $12.2B ▼ | $10.08B ▼ | $2.12B ▼ |
| Q3-2024 | $608.32M | $12.89B | $10.72B | $2.17B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $338.1M ▲ | $-211.03M ▼ | $1.2B ▲ | $-1.8B ▼ | $88.62M ▼ | $-118.11M ▼ |
| Q2-2025 | $-259.04M ▼ | $99.11M ▼ | $829.22M ▲ | $-827.76M ▼ | $100.57M ▲ | $7.71M ▼ |
| Q1-2025 | $-79.06M ▼ | $111.91M ▲ | $-2.03B ▼ | $1.8B ▲ | $-119.92M ▼ | $110.4M ▲ |
| Q4-2024 | $276.73M ▲ | $-21.06M ▼ | $1.22B ▲ | $-996.97M ▼ | $205.94M ▲ | $-48.56M ▼ |
| Q3-2024 | $-238.49M | $87.08M | $-254.94M | $-7.26M | $-175.12M | $43.89M |
CEO
William Ross Greenberg
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 2 of 5
Ratings Snapshot
Rating : C
Price Target
Institutional Ownership
Summary
Showing Top 1 of 1