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Two Harbors Investments Corp

TWO Real Estate Real Estate Investment Trusts
$12.34
▼ -0.2% Today
as of Jun 7, 07:30 ET
Last 30 days +12.08% Apr 28 → Jun 05
$10.88 $11.36 $11.84 $12.31 $12.79 Apr 28 May 05 May 13 May 20 May 29 Jun 05
Open
$12.35
High
$12.38
Low
$12.32
Volume
$1M
Avg Vol
$3M
Mkt Cap
$1.3B
P/E (TTM)
Beta
52w High
$14.17
52w Low
$8.78
Div Yield
Shares Out
$105M

Overview

52-week range
$8.78
$14
66% of range
Avg surprise (last 1)
-31.4%
Avg reaction (last 1)
+2.0%
100% positive
Latest IV / EM
47%
EM ±6.5% · $12 · Jun 18

Earnings trends

EPS — actual vs estimate Actual Estimate
$-2.62$-1.26$0.09$1.45$2.81 Actual $1.80Actual $2.81Actual $1.73Actual $0.43Actual $-2.42Actual $0.24Est $0.35Actual $-2.62Actual $-1.36Actual $0.18 JunSepMarJunSepMar/2025JunSepMar
Revenue vs Net Income Revenue Net income
$-259M$-179M$-100M$-20M$59M Jun 24Sep 24Mar 25Jun 25Sep 25Mar 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Mar 31, 2026Mar 2026 $0.18 financials
Tue Sep 30, 2025Sep 2025 $-1.36 financials
Mon Jun 30, 2025Jun 2025 $-2.62 financials
Mon Apr 28, 2025Mar/2025 $0.24 $0.35 -31.4% +2.0% earnings
Mon Sep 30, 2024Sep 2024 $-2.42 financials
Sun Jun 30, 2024Jun 2024 $0.43 financials
Sun Mar 31, 2024Mar 2024 $1.73 financials
Sat Sep 30, 2023Sep 2023 $2.81 financials
Fri Jun 30, 2023Jun 2023 $1.80 financials

Financials

Income statement (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue
Cost of revenue
Gross profit
Operating income
Net income$32M$-128M$-259M$-79M$-238M$56M
EPS (diluted)$0.18$-1.36$-2.62$-0.89$-2.42$0.43

Balance sheet (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Cash & equivalents$476M$842M$771M$658M$574M$505M$523M$624M
Inventory
Total current assets
Total assets$10.53B$10.86B$10.87B$12.96B$13.68B$12.20B$12.89B$12.85B
Long-term debt$8.29B$8.43B$10.18B
Total liabilities$8.80B$9.07B$9.09B$11.07B$11.54B$10.08B$10.72B$10.65B
Total equity

Implied volatility — last 90 days

41%44%46%49%51% Jun 07 — IV 47% · EM ±6.5%

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