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 $15.63 (represents a 11.48% upside from TWO’s last price of $14.02) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
TWO Price Target
The average price target for Two Harbors Investment (TWO) is $15.63 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $14.00. This represents a potential 11.48% upside from TWO's last price of $14.02.
TWO Analyst Ratings
According to 11 Wall Street analysts, Two Harbors Investment's rating consensus is 'Buy'. The analyst rating breakdown for TWO stock is 0 'Strong Buy' (0.00%), 6 'Buy' (54.55%), 4 'Hold' (36.36%), 1 'Sell' (9.09%), 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 |
|---|---|---|---|---|---|---|
| Feb 29, 2024 | Douglas Harter | UBS | $14.50 | $12.52 | 15.81% | 3.42% |
| Oct 11, 2023 | Douglas Harter | Credit Suisse | $14.00 | $12.40 | 12.90% | -0.14% |
| Sep 12, 2023 | Arren Cyganovich | Citigroup | $14.00 | $13.57 | 3.17% | -0.14% |
| Apr 25, 2022 | - | J.P. Morgan | $20.00 | $19.36 | 3.31% | 42.65% |
The latest Two Harbors Investment stock forecast, released on Feb 29, 2024 by Douglas Harter from UBS, set a price target of $14.50, which represents a 15.81% increase from the stock price at the time of the forecast ($12.52), and a 3.42% increase from TWO last price ($14.02).
Two Harbors Investment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $14.25 |
| Last Closing Price | $14.02 | $14.02 | $14.02 |
| Upside/Downside | -100.00% | -100.00% | 1.64% |
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 $14.02. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | Citigroup | Neutral | Neutral | Hold |
| Oct 11, 2023 | Barclays | Underweight | Underweight | Hold |
| Sep 12, 2023 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jul 26, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Two Harbors Investment's last stock rating was published by UBS on Aug 16, 2024. The company gave TWO a "Market Outperform" 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 | Jul 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 | - | $352.89M | $13.85M | $83.25M | $43.44M | $278.51M | $233.15M | $78.66M | $-21.39M | $-1.85B | $164.07M | $332.33M |
| Avg Forecast | $20.98M | $26.40M | $33.22M | $41.80M | $-14.65M | $-15.55M | $-17.57M | $-18.01M | $-23.89M | $-26.96M | $-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 | $27.13M | $34.13M | $42.95M | $54.05M | $-10.03M | $-10.65M | $-12.03M | $-12.33M | $-16.36M | $-18.46M | $-10.57M | $-16.48M | $-13.12M | $38.49M | $-2.42M | $647.31K | $14.10M | $49.12M | $33.53M | $55.72M | $64.48M | $50.71M | $61.88M | $91.24M | $104.44M | $107.25M | $76.54M | $74.09M | $110.52M | $135.55M |
| Low Forecast | $14.36M | $18.07M | $22.74M | $28.62M | $-18.95M | $-20.11M | $-22.72M | $-23.29M | $-30.90M | $-34.86M | $-19.97M | $-31.11M | $-24.77M | $-63.66M | $-4.57M | $342.78K | $7.47M | $26.01M | $33.53M | $11.37M | $13.15M | $10.35M | $12.62M | $18.61M | $21.31M | $21.88M | $15.61M | $15.11M | $22.55M | $27.65M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 35.60% | -8.72% | -33.29% | 232.89% | -21.90% | 8.41% | - | 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 $-31.11M, and a high forecast of $-16.48M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-473.95M | $330.44M | $207.56M | $-50.59M | $-58.54M | $381.99M | - | $356.38M | $20.97M | $88.53M | $-114.47M | $285.56M | $237.63M | $222.90M | $-129.61M | $-1.72B | $299.67M | $493.22M |
| Avg Forecast | $15.56M | $19.58M | $24.63M | $31.00M | $-10.87M | $-11.53M | $-13.03M | $-13.36M | $-17.72M | $-19.99M | $-11.45M | $-17.84M | $-14.20M | $-10.52M | $-2.62M | $371.25K | $8.09M | $28.17M | $24.87M | $24.88M | $16.31M | $22.64M | $-114.47M | $40.73M | $46.63M | $47.88M | $-278.17M | $-1.78B | $49.34M | $60.51M |
| High Forecast | $20.11M | $25.31M | $31.85M | $40.08M | $-7.44M | $-7.90M | $-8.92M | $-9.15M | $-12.13M | $-13.69M | $-7.84M | $-12.22M | $-9.73M | $28.55M | $-1.80M | $480.01K | $10.46M | $36.42M | $24.87M | $41.32M | $19.57M | $37.61M | $-91.57M | $67.66M | $77.45M | $79.53M | $-222.54M | $-1.43B | $81.96M | $100.52M |
| Low Forecast | $10.65M | $13.40M | $16.87M | $21.22M | $-14.05M | $-14.91M | $-16.84M | $-17.27M | $-22.91M | $-25.85M | $-14.81M | $-23.07M | $-18.37M | $-47.21M | $-3.39M | $254.19K | $5.54M | $19.29M | $24.87M | $8.43M | $13.05M | $7.67M | $-137.36M | $13.80M | $15.80M | $16.22M | $-333.81M | $-2.14B | $16.72M | $20.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 33.37% | -31.42% | -79.12% | -136.27% | -7.24% | 13.56% | - | 14.33% | 1.29% | 3.91% | 1.00% | 7.01% | 5.10% | 4.66% | 0.47% | 0.96% | 6.07% | 8.15% |
3 analysts predict TWO's average Quarter EBITDA for Dec 23 to be $-14.20M, with a high of $-9.73M and a low of $-18.37M. This is -104.30% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-444.69M | $294.08M | $187.78M | $-176.81M | $-270.22M | $277.61M | - | $285.27M | $-1.29M | $66.32M | $-117.96M | $240.16M | $211.17M | $201.91M | $-173.56M | $-1.87B | $134.75M | $305.70M |
| Avg Forecast | $63.97M | $61.72M | $59.61M | $57.00M | $45.96M | $45.74M | $43.96M | $43.86M | $38.10M | $41.77M | $45.46M | $477.95M | $47.18M | $49.62M | $58.28M | $377.82M | $55.28M | $53.76M | $82.36M | $298.68M | $-1.01M | $48.87M | $-117.96M | $302.81M | $146.90M | $168.26M | $-372.50M | $-1.94B | $175.93M | $385.18M |
| High Forecast | $88.34M | $85.23M | $82.31M | $78.71M | $63.46M | $63.16M | $60.71M | $60.56M | $52.61M | $98.73M | $62.78M | $573.54M | $65.15M | $60.18M | $80.48M | $453.39M | $76.33M | $64.51M | $82.36M | $358.41M | $-805.15K | $58.64M | $-94.37M | $363.37M | $176.28M | $201.91M | $-298.00M | $-1.55B | $211.11M | $462.22M |
| Low Forecast | $37.75M | $36.42M | $35.17M | $33.64M | $27.12M | $26.99M | $25.94M | $25.88M | $22.48M | $-18.99M | $26.83M | $382.36M | $27.84M | $40.12M | $34.39M | $302.26M | $32.62M | $43.01M | $82.36M | $238.94M | $-1.21M | $39.10M | $-141.55M | $242.25M | $117.52M | $134.61M | $-446.99M | $-2.33B | $140.74M | $308.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -9.43% | 5.93% | 3.22% | -0.47% | -4.89% | 5.16% | - | 0.96% | 1.29% | 1.36% | 1.00% | 0.79% | 1.44% | 1.20% | 0.47% | 0.96% | 0.77% | 0.79% |
Two Harbors Investment's average Quarter net income forecast for Dec 23 is $47.18M, with a range of $27.84M to $65.15M. TWO's average Quarter net income forecast represents a -83.96% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.08M | $7.41M | $10.10M | - | $12.19M | $6.40M | $9.20M | $11.26M | $8.19M | $30.24M | $2.86M | $2.31M | $2.31M | $17.55M | $16.84M |
| Avg Forecast | $1.09M | $1.37M | $1.72M | $2.16M | $-758.36K | $-805.04K | $-909.24K | $-932.27K | $-1.24M | $-1.40M | $-799.23K | $-1.25M | $-991.39K | $-733.92K | $-183.10K | $25.91K | $564.40K | $7.46M | $1.74M | $1.74M | $4.97M | $6.78M | $11.26M | $10.32M | $26.24M | $4.80M | $24.53M | $15.11M | $22.91M | $21.22M |
| High Forecast | $1.40M | $1.77M | $2.22M | $2.80M | $-519.24K | $-551.21K | $-622.55K | $-638.32K | $-846.75K | $-955.48K | $-547.22K | $-852.68K | $-678.79K | $1.99M | $-125.36K | $33.50K | $729.76K | $8.95M | $1.74M | $2.88M | $5.97M | $8.13M | $13.51M | $12.39M | $31.49M | $5.76M | $29.43M | $18.13M | $27.49M | $25.46M |
| Low Forecast | $743.42K | $935.47K | $1.18M | $1.48M | $-980.54K | $-1.04M | $-1.18M | $-1.21M | $-1.60M | $-1.80M | $-1.03M | $-1.61M | $-1.28M | $-3.29M | $-236.74K | $17.74K | $386.44K | $5.96M | $1.74M | $588.32K | $3.98M | $5.42M | $9.01M | $8.26M | $20.99M | $3.84M | $19.62M | $12.09M | $18.33M | $16.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 543.54% | 13.13% | 1.35% | - | 7.02% | 1.29% | 1.36% | 1.00% | 0.79% | 1.15% | 0.60% | 0.09% | 0.15% | 0.77% | 0.79% |
Two Harbors Investment's average Quarter SG&A projection for Jun 23 is $-183.10K, based on 3 Wall Street analysts, with a range of $-236.74K to $-125.36K. The forecast indicates a -101.30% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-4.56 | $3.04 | - | $-1.91 | $-3.13 | $3.04 | - | $3.16 | $-0.00 | $0.17 | $-0.48 | $0.81 | $0.70 | $0.67 | $-0.70 | $-6.91 | $0.42 | $1.05 |
| Avg Forecast | $0.62 | $0.59 | $0.57 | $0.55 | $0.44 | $0.44 | $0.42 | $0.42 | $0.37 | $0.40 | $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 | $0.85 | $0.82 | $0.79 | $0.76 | $0.61 | $0.61 | $0.58 | $0.58 | $0.51 | $0.95 | $0.60 | $0.57 | $0.63 | $0.58 | $0.77 | $1.07 | $0.73 | $1.09 | $0.73 | $1.48 | $1.57 | $1.43 | $1.43 | $1.73 | $1.71 | $1.66 | $0.97 | $1.86 | $2.67 | $2.94 |
| Low Forecast | $0.36 | $0.35 | $0.34 | $0.32 | $0.26 | $0.26 | $0.25 | $0.25 | $0.22 | $-0.18 | $0.26 | $0.24 | $0.27 | $0.39 | $0.33 | $0.46 | $0.31 | $0.47 | $0.73 | $0.11 | $0.12 | $0.11 | $0.11 | $0.13 | $0.13 | $0.13 | $0.07 | $0.14 | $0.20 | $0.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -10.04% | 6.37% | 0.00% | -2.46% | -5.88% | 3.86% | - | 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 $0.27 and a high estimate of $0.63. 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 | $6.61 | $21.25 | 221.48% | Hold |
| NLY | Annaly Capital Management | $20.45 | $26.20 | 28.12% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.98 | $8.00 | 14.61% | Buy |
| MFA | MFA Financial | $13.02 | $14.83 | 13.90% | Buy |
| TWO | Two Harbors Investment | $14.02 | $15.63 | 11.48% | Buy |
| EFC | Ellington Financial | $13.30 | $13.50 | 1.50% | Buy |
| AGNC | AGNC Investment | $10.35 | $10.20 | -1.45% | Buy |
| IVR | Invesco Mortgage Capital | $8.87 | $6.25 | -29.54% | Buy |
| ARR | ARMOUR Residential REIT | $20.76 | $11.50 | -44.61% | Hold |
| CIM | Chimera Investment | $15.86 | $7.25 | -54.29% | Hold |
TWO Forecast FAQ
Is Two Harbors Investment a good buy?
Yes, according to 11 Wall Street analysts, Two Harbors Investment (TWO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 54.55% of TWO's total ratings.
What is TWO's price target?
Two Harbors Investment (TWO) average price target is $15.63 with a range of $14 to $20, implying a 11.48% from its last price of $14.02. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Two Harbors Investment stock go up soon?
According to Wall Street analysts' prediction for TWO stock, the company can go up by 11.48% (from the last price of $14.02 to the average price target of $15.63), up by 42.65% based on the highest stock price target, and down by -0.14% based on the lowest stock price target.
Can Two Harbors Investment stock reach $20?
TWO's average twelve months analyst stock price target of $15.63 does not support the claim that Two Harbors Investment can reach $20 in the near future.
What are Two Harbors Investment's analysts' financial forecasts?
Two Harbors Investment's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $-65.789M (high $-45.045M, low $-85.063M), average EBITDA is $-48.786M (high $-33.403M, low $-63.079M), average net income is $179.52M (high $247.89M, low $105.93M), average SG&A $-3.405M (high $-2.331M, low $-4.402M), and average EPS is $1.73 (high $2.39, low $1.02). TWO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $122.4M (high $158.25M, low $83.8M), average EBITDA is $90.76M (high $117.35M, low $62.14M), average net income is $242.3M (high $334.59M, low $142.98M), average SG&A $6.33M (high $8.19M, low $4.34M), and average EPS is $2.33 (high $3.22, low $1.38).
Did the TWO's actual financial results beat the analysts' financial forecasts?
Based on Two Harbors Investment's last annual report (Dec 2023), the company's revenue was $-557M, beating the average analysts forecast of $-36.373M by 1430.67%. Apple's EBITDA was $-129M, beating the average prediction of $-26.972M by 378.37%. The company's net income was $-152M, missing the average estimation of $532.9M by -128.52%. Apple's SG&A was $0, missing the average forecast of $-1.883M by -100.00%. Lastly, the company's EPS was $-1.59, missing the average prediction of $2.27 by -170.07%. In terms of the last quarterly report (Dec 2023), Two Harbors Investment's revenue was $-682M, beating the average analysts' forecast of $-19.155M by 3459.93%. The company's EBITDA was $-474M, beating the average prediction of $-14.205M by 3236.60%. Two Harbors Investment's net income was $-445M, missing the average estimation of $47.18M by -1042.57%. The company's SG&A was $0, missing the average forecast of $-991K by -100.00%. Lastly, the company's EPS was $-4.56, missing the average prediction of $0.454 by -1104.34%