Two Harbors Investment Corp (TWO): Price and Financial Metrics

TWO POWR Grades

• Quality is the dimension where TWO ranks best; there it ranks ahead of 76.79% of US stocks.
• TWO's strongest trending metric is Momentum; it's been moving up over the last 51 weeks.
• TWO's current lowest rank is in the Growth metric (where it is better than 0.02% of US stocks).

TWO Stock Summary

• Of note is the ratio of Two Harbors Investment Corp's sales and general administrative expense to its total operating expenses; 99.74% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for Two Harbors Investment Corp is higher than it is for about 99.69% of US stocks.
• Revenue growth over the past 12 months for Two Harbors Investment Corp comes in at -143.84%, a number that bests only 0.38% of the US stocks we're tracking.
• If you're looking for stocks that are quantitatively similar to Two Harbors Investment Corp, a group of peers worth examining would be ARR, AGM, IVR, NLY, and ORC.
• TWO's SEC filings can be seen here. And to visit Two Harbors Investment Corp's official web site, go to www.twoharborsinvestment.com.

TWO Valuation Summary

• TWO's price/sales ratio is 3.6; this is 111.76% higher than that of the median Real Estate stock.
• TWO's EV/EBIT ratio has moved down 32.4 over the prior 144 months.
• TWO's price/earnings ratio has moved up 54.5 over the prior 144 months.

Below are key valuation metrics over time for TWO.

TWO Growth Metrics

• The 2 year revenue growth rate now stands at -282.57%.
• Its year over year revenue growth rate is now at 150.32%.
• Its 4 year cash and equivalents growth rate is now at 82.18%.

TWO's revenue has moved down $63,821,000 over the prior 67 months.

The table below shows TWO's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	563.962	629.651	466.418
2021-03-31	668.234	468.04	405.61
2020-12-31	-1,467.764	631.603	-1,705.937
2020-09-30	-1,537.5	583.963	-1,782.353
2020-06-30	-1,286.383	681.504	-1,678.568
2020-03-31	-1,327.846	991.029	-1,595.56

TWO's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• TWO has a Quality Grade of B, ranking ahead of 76.91% of graded US stocks.
• TWO's asset turnover comes in at 0.033 -- ranking 311th of 445 Trading stocks.
• IMH, RWT, and MFA are the stocks whose asset turnover ratios are most correlated with TWO.

The table below shows TWO's key quality metrics over time.