▲ +89.74% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Two Harbors Investment in the last 3 months. The average price target is $9.89, with a high forecast of $16.00 and a low forecast of $5.50. The average price target represents a 89.74% upside from the last price of $5.21.
The current consensus among 8 contributing investment analysts is to buy stock in Two Harbors Investment.
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); non-agency securities collateralized by residential mortgage loans; and other assets, such as financial and mortgage-related assets, as well as residential mortgage loans and non-hedging transactions. The company 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 New York, New York.