Two Harbors Investment traded at $11.04 this Friday February 6th, decreasing $0.90 or 7.54 percent since the previous trading session. Looking back, over the last four weeks, Two Harbors Investment lost 3.08 percent. Over the last 12 months, its price fell by 14.42 percent. Looking ahead, we forecast Two Harbors Investment to be priced at 11.12 by the end of this quarter and at 10.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Two Harbors Investment Corp. is a real estate investment trust (REIT). The Company is focused on investing in, financing and managing Agency residential mortgage-backed securities (Agency RMBS), mortgage servicing rights (MSR) and other financial assets. Its investment objective is to provide risk-adjusted total return to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. It acquires and manages an investment portfolio of its target assets, which includes Agency RMBS, whose principal and interest payments are guaranteed by the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae), or the Federal Home Loan Mortgage Corporation (Freddie Mac), MSR and other financial assets. The Company is externally managed and advised by PRCM Advisers LLC (PRCM Advisers).