Equity Overview
Price & Market Data
Price: $11.48
Daily Change: +$0.10 / 0.87%
Range: $11.28 - $11.52
Market Cap: $1,194,183,936
Volume: 1,013,100
Performance Metrics
1 Week: 6.20%
1 Month: -15.59%
3 Months: -2.71%
6 Months: -11.56%
1 Year: -4.64%
YTD: -2.96%
Company Details
Employees: 477
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, comprising non-agency securities and non-hedging transactions. It qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Saint Louis Park, Minnesota.