Two Harbors Investments Corp (TWO) : Currently there are 8 street experts covering Two Harbors Investments Corp (TWO) stock. The most bullish and bearish price target for the stock is $10 and $9 respectively for the short term. The average price target of all the analysts comes to $9.41. The estimated standard deviation from the target is $0.46.
Two Harbors Investments Corp (TWO) has an average broker rating of 1.63, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Also, Equity analysts at the Brokerage firm Keefe Bruyette & Woods maintains its rating on Two Harbors Investments Corp (NYSE:TWO). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Keefe Bruyette & Woods raises the price target from $9 per share to $9.5 per share. The rating by the firm was issued on August 8, 2016.
Two Harbors Investments Corp (NYSE:TWO): The stock opened at $8.95 on Thursday but the bulls could not build on the opening and the stock topped out at $8.95 for the day. The stock traded down to $8.81 during the day, due to lack of any buying support eventually closed down at $8.87 with a loss of -0.34% for the day. The stock had closed at $8.90 on the previous day. The total traded volume was 1,223,361 shares.
Two Harbors Investment Corp. (Two Harbors) operates as a real estate investment trust (REIT). The Companys investment objective is to provide risk-adjusted total return to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation. Its target assets include Agency residential mortgage-backed securities (RMBS) (which includes inverse interest-only Agency securities classified as Agency Derivatives), meaning RMBS whose principal and interest payments are guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac; Non-Agency RMBS, meaning RMBS that are not issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac; Residential mortgage loans; mortgage servicing rights (MSR); Commercial real estate debt and related assets, and other financial assets comprising approximately 5% to 10% of the portfolio. The Company is externally managed and advised by PRCM Advisers LLC, a subsidiary of Pine River Capital Management L.P.