Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Two Harbors Investment (TWO) Stock Price
Media headlines about Two Harbors Investment (NYSE:TWO) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Two Harbors Investment earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.6679181824938 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Two Harbors Investment Corp (TWO) CEO Purchases $44,550.00 in Stock (americanbankingnews.com)
- Aldo CEO David Bensadoun on New Deals, Bad Landlords & How AI Is Saving the Firm Millions (msn.com)
- Unusual Volume Spotlight – Two Harbors Investment Corp. (TWO) – Wall Street Morning (wallstreetmorning.com)
- Two Harbors Investment Corp. (TWO) Stock with Gloomy EPS Growth For Next Year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- The sentiment expressed by investors: Two Harbors Investment Corp. (TWO), Entercom Communications Corp. (ETM) – Market Movers (financialqz.com)
A number of equities research analysts recently weighed in on TWO shares. ValuEngine upgraded Two Harbors Investment from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 2nd. Zacks Investment Research lowered Two Harbors Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Barclays boosted their price objective on Two Harbors Investment from $10.00 to $17.00 and gave the stock an “overweight” rating in a research report on Thursday, November 9th. B. Riley restated a “neutral” rating on shares of Two Harbors Investment in a research report on Wednesday, November 1st. Finally, Maxim Group restated a “buy” rating and set a $17.00 price objective (down previously from $20.50) on shares of Two Harbors Investment in a research report on Thursday, November 9th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $18.00.
Two Harbors Investment (NYSE:TWO) last released its quarterly earnings results on Tuesday, February 6th. The real estate investment trust reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. Two Harbors Investment had a return on equity of 10.06% and a net margin of 41.26%. The firm had revenue of $100.31 million for the quarter, compared to analyst estimates of $112.40 million. During the same quarter in the previous year, the company posted $0.24 EPS. equities research analysts expect that Two Harbors Investment will post 1.87 earnings per share for the current fiscal year.
In other Two Harbors Investment news, CEO Thomas Siering bought 3,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average price of $14.85 per share, for a total transaction of $44,550.00. Following the transaction, the chief executive officer now directly owns 898,683 shares in the company, valued at $13,345,442.55. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William Roth sold 44,028 shares of the company’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $15.16, for a total value of $667,464.48. Following the sale, the insider now owns 744,845 shares in the company, valued at approximately $11,291,850.20. The disclosure for this sale can be found here. Insiders sold a total of 81,283 shares of company stock worth $1,232,498 in the last quarter. Corporate insiders own 1.16% of the company’s stock.
Two Harbors Investment Company Profile
Two Harbors Investment Corp. is a real estate investment trust. The Company is focused on investing in, financing and managing residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR), commercial real estate and other financial assets (collectively known as target assets). Its investment objective is to provide attractive risk-adjusted total return to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation.
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