Two Harbors Investment Corp. financial data

Symbol
TWO, TWO-PC, TWO-PA, TWO-PB on NYSE
Industry
Real Estate Investment Trusts
Location
1601 Utica Avenue South, Suite 900, St. Louis Park, Minnesota
State of incorporation
Maryland
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Return On Equity 12.5 %
Return On Assets 2.02 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 103 M shares +7.07%
Common Stock, Shares, Outstanding 103 M shares +7.05%
Entity Public Float 1.3 B USD -23.5%
Common Stock, Value, Issued 1.04 M USD +7.03%
Weighted Average Number of Shares Outstanding, Basic 103 M shares +11.7%
Weighted Average Number of Shares Outstanding, Diluted 113 M shares +22%

Income Statement

Label TTM Value / Value Unit Change %
Costs and Expenses 138 M USD +117%
Nonoperating Income (Expense) 5.71 M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 313 M USD
Income Tax Expense (Benefit) 38.9 M USD -24.6%
Net Income (Loss) Attributable to Parent 274 M USD
Earnings Per Share, Basic 2.3 USD/shares
Earnings Per Share, Diluted 2.18 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 666 M USD -5.93%
Deferred Income Tax Assets, Net 20.1 M USD -39.9%
Goodwill 27.5 M USD
Assets 13.2 B USD -5.58%
Deferred Income Tax Liabilities, Net 81.8 M USD +1.44%
Liabilities 10.9 B USD -6.61%
Accumulated Other Comprehensive Income (Loss), Net of Tax -280 M USD -82.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.24 B USD -0.25%
Liabilities and Equity 13.2 B USD -5.58%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.67 M USD -7639%
Net Cash Provided by (Used in) Financing Activities 300 M USD -61%
Net Cash Provided by (Used in) Investing Activities -348 M USD +67.5%
Common Stock, Shares Authorized 175 M shares 0%
Common Stock, Shares, Issued 103 M shares +7.05%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -56.4 M USD +81.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 215 M USD +40.5%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Income Tax Expense (Benefit) 14.5 M USD -86.2%
Deferred Tax Assets, Operating Loss Carryforwards 18.2 M USD -43.6%
Preferred Stock, Shares Issued 24.9 M shares -4.68%
Deferred Federal Income Tax Expense (Benefit) 16.6 M USD -81.7%
Preferred Stock, Shares Authorized 100 M shares 0%
Additional Paid in Capital 5.93 B USD +1.75%
Preferred Stock, Shares Outstanding 24.9 M shares -4.68%
Current State and Local Tax Expense (Benefit) -1.03 M USD +41.9%
Current Federal Tax Expense (Benefit) 3.5 M USD
Share-based Payment Arrangement, Expense 11 M USD -18.5%
Deferred State and Local Income Tax Expense (Benefit) -2.1 M USD -115%
Interest Expense 661 M USD +74.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%