Two Harbors Investments (NYSE:TWO) Cut to “Hold” at Maxim Group

Maxim Group lowered shares of Two Harbors Investments (NYSE:TWO) from a buy rating to a hold rating in a research note issued to investors on Thursday morning, MarketBeat reports.

Other analysts also recently issued reports about the stock. Zacks Research upgraded shares of Two Harbors Investments from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Two Harbors Investments in a report on Monday, December 15th. Wall Street Zen raised shares of Two Harbors Investments from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. UBS Group lowered their price objective on shares of Two Harbors Investments from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. raised their price objective on Two Harbors Investments from $9.50 to $10.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $11.96.

Two Harbors Investments Stock Up 0.7%

NYSE:TWO opened at $11.40 on Thursday. Two Harbors Investments has a 12-month low of $9.30 and a 12-month high of $14.28. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $1.19 billion, a P/E ratio of -4.56 and a beta of 1.20. The stock’s fifty day simple moving average is $9.91 and its 200-day simple moving average is $10.09.

Two Harbors Investments (NYSE:TWO) last released its quarterly earnings data on Monday, March 7th. The real estate investment trust reported $0.24 EPS for the quarter. Two Harbors Investments had a positive return on equity of 11.92% and a negative net margin of 44.10%.The business had revenue of ($18.67) million during the quarter. Equities research analysts expect that Two Harbors Investments will post 0.81 earnings per share for the current year.

Two Harbors Investments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Monday, January 5th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Monday, January 5th. This represents a $1.36 dividend on an annualized basis and a yield of 11.9%. Two Harbors Investments’s dividend payout ratio is presently -54.40%.

Insider Transactions at Two Harbors Investments

In related news, insider Rebecca B. Sandberg sold 27,370 shares of the stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $11.43, for a total transaction of $312,839.10. Following the completion of the transaction, the insider directly owned 156,718 shares in the company, valued at approximately $1,791,286.74. This trade represents a 14.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert Rush sold 23,594 shares of Two Harbors Investments stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $11.43, for a total value of $269,679.42. Following the completion of the sale, the insider directly owned 98,207 shares in the company, valued at approximately $1,122,506.01. This represents a 19.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,220 shares of company stock worth $1,339,054 in the last 90 days. Company insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On Two Harbors Investments

Several hedge funds have recently made changes to their positions in TWO. Nuveen LLC acquired a new stake in shares of Two Harbors Investments in the first quarter valued at approximately $3,344,000. HighTower Advisors LLC bought a new stake in Two Harbors Investments during the 1st quarter worth about $184,000. Smartleaf Asset Management LLC boosted its stake in shares of Two Harbors Investments by 233.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 6,506 shares of the real estate investment trust’s stock worth $86,000 after buying an additional 4,552 shares during the last quarter. Ieq Capital LLC bought a new position in shares of Two Harbors Investments in the 1st quarter valued at about $403,000. Finally, Amundi increased its position in shares of Two Harbors Investments by 2.9% in the first quarter. Amundi now owns 766,733 shares of the real estate investment trust’s stock valued at $9,868,000 after acquiring an additional 21,531 shares during the last quarter. 64.19% of the stock is owned by institutional investors.

Trending Headlines about Two Harbors Investments

Here are the key news stories impacting Two Harbors Investments this week:

• Positive Sentiment: Acquisition by UWM provides an exit and liquidity event; the deal terms call for TWO shareholders to receive 2.3328 shares of UWM Class A for each TWO share, which sparked the initial sharp price rise as investors priced the takeover. Mortgage lender UWM Holdings to buy Two Harbors Investment in $1.3 billion deal
• Positive Sentiment: TWO announced a quarterly common dividend of $0.34 (annualized yield ~12%), which supports income investors and likely underpins buy interest ahead of the Jan. 5 record/ex?dividend timing. TWO Announces Fourth Quarter 2025 Common and Preferred Stock Dividends
• Positive Sentiment: Macro tailwinds for mREITs — easing mortgage rates and potential Fed cuts — improve the sector outlook and provide a constructive backdrop for TWO post?deal. Mortgage Rates Continue to Ease: 3 mREIT Stocks to Bet on for 2026
• Neutral Sentiment: Analyses of TWO’s convertible/debenture securities (TWOD) and whether they can be called post?transaction are complex; bondholder outcomes may affect capital structure but aren’t an immediate stock catalyst. TWOD: Exploring If The Bonds Can Be Called After The Two Harbors Acquisition
• Neutral Sentiment: Unusually large options activity and high volume indicate traders are positioning for continued volatility around the deal and dividend dates; this can amplify moves but is not a directional fundamental change. Two Harbors Investments Target of Unusually Large Options Trading (NYSE:TWO)
• Neutral Sentiment: Several market writeups and explainer pieces have tried to reconcile the recent 12–16% intraday moves, useful for context but secondary to the deal and legal risks. Why Two Harbors Investment Corp.’s (TWO) Stock Is Up 12.36%
• Negative Sentiment: Multiple shareholder investigations and class?action alerts (Kahn Swick & Foti, The M&A Class Action Firm, The Ademi Firm) allege the sale price/process may be inadequate — this increases legal/approval risk and can pressure the stock until resolved. Two Harbors Investment Investor Alert — KSF M&A Class Action Firm investigation Ademi Firm investigation
• Negative Sentiment: Maxim Group downgraded TWO from Buy to Hold, citing deal/valuation or risk concerns — a visible sell?side change that can weigh on investor sentiment. Maxim Group downgrades Two Harbors Investment (TWO)
• Negative Sentiment: Commentary highlighting merger?related uncertainty and share price volatility underscores execution and regulatory/approval risks that could keep TWO’s trading range choppy. Two Harbors: UWMC Merger Brings Uncertainty Amid Share Price Volatility

Two Harbors Investments Company Profile

Two Harbors Investments Corp. is a mortgage real estate investment trust (mREIT) that primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by government-sponsored enterprises, as well as non-agency residential mortgage loans, mortgage servicing rights and credit risk transfer securities. The company seeks to generate attractive risk-adjusted returns for its shareholders by employing leverage to enhance net interest income derived from its portfolio of high-quality fixed-income assets.

Headquartered in Minneapolis, Minnesota, Two Harbors operates through a self-managed platform that combines portfolio management, risk-management and securitization expertise.