Two Harbors Investment (TWO) Stock Forecast, Price Target & Predictions
TWO Stock Forecast
Two Harbors Investment stock forecast is as follows: an average price target of $15.50 (represents a 33.16% upside from TWO’s last price of $11.64) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
TWO Price Target
The average price target for Two Harbors Investment (TWO) is $15.50 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $14.00. This represents a potential 33.16% upside from TWO's last price of $11.64.
TWO Analyst Ratings
According to 13 Wall Street analysts, Two Harbors Investment's rating consensus is 'Buy'. The analyst rating breakdown for TWO stock is 0 'Strong Buy' (0.00%), 7 'Buy' (53.85%), 5 'Hold' (38.46%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).
Two Harbors Investment Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 19, 2024 | Trevor Cranston | JMP Securities | $15.00 | $14.01 | 7.10% | 28.87% |
| Feb 29, 2024 | Douglas Harter | UBS | $14.50 | $12.52 | 15.81% | 24.57% |
| Oct 11, 2023 | Douglas Harter | Credit Suisse | $14.00 | $12.40 | 12.90% | 20.27% |
| Sep 12, 2023 | Arren Cyganovich | Citigroup | $14.00 | $13.57 | 3.17% | 20.27% |
| Apr 25, 2022 | - | J.P. Morgan | $20.00 | $19.36 | 3.31% | 71.82% |
The latest Two Harbors Investment stock forecast, released on Sep 19, 2024 by Trevor Cranston from JMP Securities, set a price target of $15.00, which represents a 7.10% increase from the stock price at the time of the forecast ($14.01), and a 28.87% increase from TWO last price ($11.64).
Two Harbors Investment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $15.00 | $14.75 |
| Last Closing Price | $11.64 | $11.64 | $11.64 |
| Upside/Downside | -100.00% | 28.87% | 26.72% |
In the current month, the average price target of Two Harbors Investment stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Two Harbors Investment's last price of $11.64. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | BTIG | Neutral | Neutral | Hold |
| Oct 03, 2024 | Compass Point | - | Buy | Initialise |
| Sep 19, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Aug 16, 2024 | UBS | Market Outperform | Market Outperform | Hold |
| Aug 16, 2024 | JMP Securities | Underperform | Underperform | Hold |
| Aug 16, 2024 | Janney Montgomery | - | Buy | Initialise |
| Jun 07, 2024 | UBS | Neutral | Buy | Upgrade |
| Feb 29, 2024 | UBS | - | Neutral | Initialise |
| Feb 29, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Oct 11, 2023 | Barclays | Underweight | Underweight | Hold |
Two Harbors Investment's last stock rating was published by BTIG on Oct 29, 2024. The company gave TWO a "Neutral" rating, the same as its previous rate.
Two Harbors Investment Financial Forecast
Two Harbors Investment Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $-681.92M | $123.61M | $117.76M | $116.59M | $-238.79M | $319.42M | $57.00M | $352.89M | $13.85M | $83.25M | $43.44M | $278.51M | $233.15M | $78.66M | $-21.39M | $-1.85B | $164.07M | $332.33M |
| Avg Forecast | $-98.64M | $-114.20M | $-132.21M | $-153.06M | $-13.25K | $-1.37M | $-4.12M | $-5.36M | $-13.99M | $-25.59M | $-15.44M | $-24.06M | $-19.16M | $-14.18M | $-3.54M | $500.64K | $10.91M | $37.99M | $33.53M | $33.54M | $38.82M | $30.53M | $37.25M | $54.93M | $62.88M | $64.57M | $46.08M | $44.60M | $66.53M | $81.60M |
| High Forecast | $-12.58M | $-14.56M | $-16.85M | $-19.51M | $-1.69K | $-174.62K | $-524.68K | $-304.25K | $-2.69M | $-3.26M | $-1.97M | $-3.07M | $-2.44M | $38.49M | $-451.00K | $774.29K | $16.87M | $37.99M | $33.53M | $33.54M | $38.82M | $30.53M | $37.25M | $54.93M | $62.88M | $64.57M | $46.08M | $44.60M | $66.53M | $81.60M |
| Low Forecast | $-152.56M | $-176.62M | $-204.48M | $-236.72M | $-20.49K | $-2.12M | $-6.37M | $-8.81M | $-20.38M | $-39.57M | $-23.88M | $-37.21M | $-29.63M | $-63.66M | $-5.47M | $63.82K | $1.39M | $37.99M | $33.53M | $33.54M | $38.82M | $30.53M | $37.25M | $54.93M | $62.88M | $64.57M | $46.08M | $44.60M | $66.53M | $81.60M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 35.60% | -8.72% | -33.29% | 232.89% | -21.90% | 8.41% | 1.70% | 10.52% | 0.36% | 2.73% | 1.17% | 5.07% | 3.71% | 1.22% | -0.46% | -41.53% | 2.47% | 4.07% |
Two Harbors Investment's average Quarter revenue forecast for Mar 24 based on 3 analysts is $-24.06M, with a low forecast of $-37.21M, and a high forecast of $-3.07M. TWO's average Quarter revenue forecast represents a -96.47% decrease compared to the company's last Quarter revenue of $-681.92M (Dec 23).
Two Harbors Investment EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-473.95M | $330.44M | $207.56M | $-50.59M | $-58.54M | $381.99M | $-9.41M | $356.38M | $20.97M | $88.53M | $-114.47M | $285.56M | $237.63M | $222.90M | $-129.61M | $-1.72B | $299.67M | $493.22M |
| Avg Forecast | $-68.58M | $-79.39M | $-91.91M | $-106.41M | $-9.21K | $-952.25K | $-2.86M | $-3.72M | $-9.73M | $-17.79M | $-10.74M | $-16.73M | $-13.32M | $-9.86M | $-2.46M | $348.04K | $7.58M | $28.17M | $24.87M | $24.88M | $28.78M | $22.64M | $27.62M | $40.73M | $46.63M | $47.88M | $34.17M | $-1.78B | $49.34M | $60.51M |
| High Forecast | $-8.74M | $-10.12M | $-11.72M | $-13.57M | $-1.17K | $-121.39K | $-364.76K | $-211.52K | $-1.87M | $-2.27M | $-1.37M | $-2.13M | $-1.70M | $26.76M | $-313.53K | $538.29K | $11.73M | $28.17M | $24.87M | $24.88M | $28.78M | $22.64M | $27.62M | $40.73M | $46.63M | $47.88M | $34.17M | $-1.43B | $49.34M | $60.51M |
| Low Forecast | $-106.06M | $-122.79M | $-142.15M | $-164.57M | $-14.25K | $-1.47M | $-4.43M | $-6.13M | $-14.17M | $-27.51M | $-16.60M | $-25.87M | $-20.60M | $-44.26M | $-3.80M | $44.37K | $966.48K | $28.17M | $24.87M | $24.88M | $28.78M | $22.64M | $27.62M | $40.73M | $46.63M | $47.88M | $34.17M | $-2.14B | $49.34M | $60.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 35.59% | -33.52% | -84.39% | -145.36% | -7.72% | 13.56% | -0.38% | 14.33% | 0.73% | 3.91% | -4.14% | 7.01% | 5.10% | 4.66% | -3.79% | 0.96% | 6.07% | 8.15% |
3 analysts predict TWO's average Quarter EBITDA for Dec 23 to be $-13.32M, with a high of $-1.70M and a low of $-20.60M. This is -104.03% lower than Two Harbors Investment's previous annual EBITDA (Sep 23) of $330.44M.
Two Harbors Investment Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-444.69M | $294.08M | $187.78M | $-176.81M | $-270.22M | $277.61M | $-72.42M | $285.27M | $-1.29M | $66.32M | $-117.96M | $240.16M | $211.17M | $201.91M | $-173.56M | $-1.87B | $134.75M | $305.70M |
| Avg Forecast | $60.72M | $58.93M | $56.75M | $54.86M | $47.23M | $46.60M | $44.54M | $42.51M | $38.62M | $49.56M | $45.34M | $477.95M | $47.05M | $49.49M | $58.13M | $377.82M | $-1.11M | $81.93M | $75.75M | $298.68M | $87.71M | $80.16M | $79.66M | $302.81M | $95.62M | $92.89M | $54.11M | $-1.94B | $149.17M | $164.41M |
| High Forecast | $103.87M | $100.81M | $97.07M | $93.83M | $80.79M | $79.72M | $76.19M | $80.77M | $99.77M | $84.78M | $45.37M | $573.54M | $80.49M | $60.02M | $99.44M | $453.39M | $-885.67K | $81.93M | $75.75M | $358.41M | $87.71M | $80.16M | $79.66M | $363.37M | $95.62M | $92.89M | $54.11M | $-1.55B | $149.17M | $164.41M |
| Low Forecast | $-8.15M | $-7.91M | $-7.62M | $-7.37M | $-6.34M | $-6.26M | $-5.98M | $4.25M | $-22.53M | $-6.65M | $45.31M | $382.36M | $-6.32M | $40.01M | $-7.81M | $302.26M | $-1.33M | $81.93M | $75.75M | $238.94M | $87.71M | $80.16M | $79.66M | $242.25M | $95.62M | $92.89M | $54.11M | $-2.33B | $149.17M | $164.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -9.45% | 5.94% | 3.23% | -0.47% | 244.08% | 3.39% | -0.96% | 0.96% | -0.01% | 0.83% | -1.48% | 0.79% | 2.21% | 2.17% | -3.21% | 0.96% | 0.90% | 1.86% |
Two Harbors Investment's average Quarter net income forecast for Dec 23 is $47.05M, with a range of $-6.32M to $80.49M. TWO's average Quarter net income forecast represents a -84.00% decrease compared to the company's last Quarter net income of $294.08M (Sep 23).
Two Harbors Investment SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.08M | $7.41M | $10.10M | $11.02M | $12.19M | $6.40M | $9.20M | $11.26M | $8.19M | $30.24M | $2.86M | $2.31M | $2.31M | $17.55M | $16.84M |
| Avg Forecast | $-11.04M | $-12.78M | $-14.79M | $-17.12M | $-1.48K | $-153.24K | $-460.44K | $-599.20K | $-1.57M | $-2.86M | $-1.73M | $-2.69M | $-2.14M | $-1.59M | $-395.78K | $56.01K | $5.47M | $1.97M | $1.74M | $1.74M | $2.01M | $1.58M | $1.93M | $10.32M | $3.25M | $3.34M | $2.38M | $15.11M | $3.44M | $4.22M |
| High Forecast | $-1.41M | $-1.63M | $-1.89M | $-2.18M | $-188.00 | $-19.54K | $-58.70K | $-34.04K | $-300.43K | $-364.91K | $-220.24K | $-343.17K | $-273.19K | $4.31M | $-50.45K | $86.62K | $6.57M | $1.97M | $1.74M | $1.74M | $2.01M | $1.58M | $1.93M | $12.39M | $3.25M | $3.34M | $2.38M | $18.13M | $3.44M | $4.22M |
| Low Forecast | $-17.07M | $-19.76M | $-22.88M | $-26.48M | $-2.29K | $-237.00K | $-712.13K | $-985.86K | $-2.28M | $-4.43M | $-2.67M | $-4.16M | $-3.31M | $-7.12M | $-612.12K | $7.14K | $4.38M | $1.97M | $1.74M | $1.74M | $2.01M | $1.58M | $1.93M | $8.26M | $3.25M | $3.34M | $2.38M | $12.09M | $3.44M | $4.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 251.45% | 1.35% | 5.14% | 6.35% | 7.02% | 3.18% | 5.82% | 5.84% | 0.79% | 9.29% | 0.85% | 0.97% | 0.15% | 5.10% | 3.99% |
Two Harbors Investment's average Quarter SG&A projection for Jun 23 is $-395.78K, based on 3 Wall Street analysts, with a range of $-612.12K to $-50.45K. The forecast indicates a -102.81% fall compared to TWO last annual SG&A of $14.08M (Mar 23).
Two Harbors Investment EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-4.56 | $3.04 | - | $-1.91 | $-3.13 | $3.04 | $-0.84 | $3.16 | $-0.00 | $0.17 | $-0.48 | $0.81 | $0.70 | $0.67 | $-0.70 | $-6.91 | $0.42 | $1.05 |
| Avg Forecast | $0.59 | $0.57 | $0.55 | $0.53 | $0.46 | $0.45 | $0.43 | $0.41 | $0.37 | $0.48 | $0.44 | $0.41 | $0.45 | $0.48 | $0.56 | $0.78 | $0.53 | $0.79 | $0.73 | $0.80 | $0.84 | $0.77 | $0.77 | $0.93 | $0.92 | $0.89 | $0.52 | $1.00 | $1.44 | $1.58 |
| High Forecast | $1.00 | $0.97 | $0.94 | $0.91 | $0.78 | $0.77 | $0.74 | $0.78 | $0.96 | $0.82 | $0.44 | $0.71 | $0.78 | $0.58 | $0.96 | $1.33 | $0.91 | $0.79 | $0.73 | $0.80 | $0.84 | $0.77 | $0.77 | $0.93 | $0.92 | $0.89 | $0.52 | $1.00 | $1.44 | $1.58 |
| Low Forecast | $-0.08 | $-0.08 | $-0.07 | $-0.07 | $-0.06 | $-0.06 | $-0.06 | $0.04 | $-0.22 | $-0.06 | $0.44 | $-0.06 | $-0.06 | $0.39 | $-0.08 | $-0.10 | $-0.07 | $0.79 | $0.73 | $0.80 | $0.84 | $0.77 | $0.77 | $0.93 | $0.92 | $0.89 | $0.52 | $1.00 | $1.44 | $1.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -10.04% | 6.37% | 0.00% | -2.46% | -5.88% | 3.86% | -1.15% | 3.96% | -0.00% | 0.22% | -0.63% | 0.87% | 0.76% | 0.75% | -1.34% | -6.91% | 0.29% | 0.66% |
According to 3 Wall Street analysts, Two Harbors Investment's projected average Quarter EPS for Dec 23 is $0.45, with a low estimate of $-0.06 and a high estimate of $0.78. This represents a -85.06% decrease compared to TWO previous annual EPS of $3.04 (Sep 23).
Two Harbors Investment Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NYMT | New York Mortgage Trust | $5.94 | $21.25 | 257.74% | Hold |
| MFA | MFA Financial | $11.03 | $14.75 | 33.73% | Buy |
| TWO | Two Harbors Investment | $11.64 | $15.50 | 33.16% | Buy |
| NLY | Annaly Capital Management | $19.75 | $25.00 | 26.58% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.65 | $8.00 | 20.30% | Buy |
| AGNC | AGNC Investment | $9.67 | $10.63 | 9.93% | Buy |
| EFC | Ellington Financial | $12.37 | $13.50 | 9.14% | Buy |
| IVR | Invesco Mortgage Capital | $8.16 | $7.13 | -12.62% | Hold |
| ARR | ARMOUR Residential REIT | $18.81 | $11.50 | -38.86% | Hold |
| CIM | Chimera Investment | $14.75 | $7.25 | -50.85% | Hold |