TWO Stock Summary and Trading Ideas (Two Harbors Investment | NYSE:TWO)

Two Harbors Investment Corp is a real estate investment trust focused on investing in, financing, and managing residential mortgage-backed securities, residential mortgage loans, mortgage servicing rights, and commercial real estate. The majority of its investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. The company derives revenues mainly from its MSR and Agency RMBS portfolio, including servicing fee income, float income, and interest income, as well as mortgage loan origination activities established to support the MSR portfolio. Its investment portfolio is subject to market risks, mainly interest rate, basis, and prepayment risk. The majority of income is generated by available-for-sale securities.

Two Harbors Investment trades on the NYSE stock market under the symbol TWO.

As of February 20, 2026, TWO stock price declined to $10.78 with 2,214,806 million shares trading.

TWO has a beta of 0.68, meaning it tends to be less sensitive to market movements. TWO has a correlation of 0.08 to the broad based SPY ETF.

TWO has a market cap of $1.13 billion. This is considered a Small Cap stock.

Last quarter Two Harbors Investment reported $-15 million in Revenue and $.26 earnings per share. This fell short of revenue expectation by $-608,000 and missed earnings estimates by -$.07.

In the last 3 years, TWO traded as high as $17.09 and as low as $9.30.

The top ETF exchange traded funds that TWO belongs to (by Net Assets): IJR, VTI, IWM, VB, KBWD.

TWO has underperformed the market in the last year with a price return of -10.2% while the SPY ETF gained +14.1%. However, in the short term, TWO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.7% vs +6.0% return in SPY. But in the last 2 weeks, TWO shares have been beat by the market, returning -2.4% compared to an SPY return of -0.2%.

TWO support price is $10.78 and resistance is $11.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TWO shares will trade within this expected range on the day.