Welcome to our dedicated page for Two Hbrs Invt news (Ticker: TWO), a resource for investors and traders seeking the latest updates and insights on Two Hbrs Invt stock.
Two Harbors Investment Corp. (NYSE: TWO) is an MSR-focused real estate investment trust that invests in mortgage servicing rights, residential mortgage-backed securities and other financial assets. News about Two Harbors often centers on its mortgage finance activities, portfolio composition, financing arrangements and corporate transactions, all of which are relevant to investors following the mortgage and real estate investment trust sectors.
Regular news items include quarterly earnings releases, where the company reports book value per common share, economic return on book value, comprehensive income or loss, and earnings available for distribution. These releases also summarize the composition of the MSR and Agency RMBS portfolio, including unpaid principal balance, coupon characteristics, delinquency metrics and prepayment speeds, as well as details on hedging instruments and financing costs.
Two Harbors also issues press releases about its dividend decisions for common and preferred stock, explaining how dividend levels relate to portfolio earnings, taxable income, book value and market conditions. Additional news covers capital markets activity, such as the pricing of senior notes offerings and updates to at-the-market equity offering programs, along with the use of proceeds for refinancing debt, financing MSR and Agency RMBS purchases, and other corporate purposes.
A significant recent news theme is the announced all-stock acquisition of Two Harbors by UWM Holdings Corporation, described in joint press releases and Form 8-K filings. Coverage of this transaction includes the agreed exchange ratio for Two Harbors common stock, the treatment of preferred stock, expected timing subject to customary conditions, and the strategic rationale presented by both companies. Investors who follow TWO news can review these items to understand how the planned merger, litigation settlements and portfolio developments may affect the company’s future within the mortgage finance landscape.
Two Harbors Investment Corp (NYSE: TWO) has announced a $0.17 per share dividend for Q4 2021, payable on January 28, 2022. Shareholders on record by December 29, 2021 will receive this payment. Preferred stock dividends include $0.50781 for Series A, $0.47656 for Series B, and $0.45313 for Series C, payable on January 27, 2022, to stockholders on record by January 12, 2022.
Two Harbors Investment Corp. (NYSE: TWO) reported a book value of $6.40 per common share for Q3 2021, reflecting a 2.3% quarterly return. The company generated comprehensive income of $45.2 million, with earnings available for distribution (EAD) at $73.6 million or $0.24 per share. A dividend of $0.17 was declared. Significant growth was noted in the mortgage servicing rights (MSR) portfolio, with $29 billion UPB settled. Following capital issuances, $21 billion UPB of MSR is expected to be settled in upcoming quarters.
Two Harbors Investment Corp (NYSE: TWO) announced a public offering of 30 million shares of common stock, priced to yield
Two Harbors Investment Corp (NYSE: TWO) has announced an underwritten public offering of 30,000,000 shares of its common stock, with an additional 4,500,000 share option for underwriters. The net proceeds will be used to acquire residential mortgage-backed securities, mortgage servicing rights, and other financial assets while adhering to investment guidelines. This follows the company's existing shelf registration with the SEC from February 2021. Citigroup, Credit Suisse, and RBC Capital Markets are managing the offering.
Two Harbors Investment Corp (NYSE: TWO) will release its financial results for Q3 ended September 30, 2021, after market close on November 8, 2021. A conference call is scheduled for November 9, 2021, at 9:00 a.m. ET to discuss the results. The call will be accessible via webcast on the company's website. For those unable to attend, a playback will be available from November 9 at 12:00 p.m. ET until November 23, 2021. Two Harbors is a Maryland-based REIT that invests in residential mortgage-backed securities and mortgage servicing rights.
Two Harbors Investment Corp (NYSE: TWO) has announced a third-quarter dividend of
Two Harbors Investment Corp (NYSE: TWO) has announced that President and CEO Bill Greenberg, along with CFO Mary Riskey, will present at the Barclays Global Financial Services Conference on September 14, 2021, at 3:30 p.m. ET. The presentation will highlight the company's investment strategy and market outlook. Interested parties can access the live webcast on the company’s website, with a replay available for one year. Two Harbors focuses on residential mortgage-backed securities and mortgage servicing rights, operating from Minnetonka, MN.
Two Harbors Investment Corp. (NYSE: TWO) reported a comprehensive loss of $194.6 million for Q2 2021, equating to an annualized return on equity of (40.7)%. The book value per share decreased to $6.42, reflecting a (9.6)% quarterly return. Despite challenges in the RMBS sector, core earnings reached $51.5 million or $0.19 per share, supported by a declared dividend of $0.17. Following an underwritten offering that raised $256.5 million, the total portfolio size decreased to $17.1 billion, with significant growth in the mortgage servicing rights (MSR) portfolio.
Two Harbors Investment Corp. (NYSE: TWO) will announce its financial results for Q2 2021 on August 4, 2021, post-market close. A conference call is scheduled for August 5, 2021, at 9:00 a.m. ET to discuss these results. Interested participants can join the call by calling (877) 502-7185, or listen live online through the company’s investor website. A playback of the call will be available from August 5 through August 19, 2021. Two Harbors, based in Minnetonka, MN, specializes in investments in residential mortgage-backed securities and other related assets.
Two Harbors Investment Corp (NYSE: TWO) has announced a public offering of 40,000,000 shares of its common stock, targeting total gross proceeds of approximately $260 million, excluding underwriting fees. The underwriters have a 30-day option to purchase an additional 6,000,000 shares. The offering is expected to close around July 15, 2021. Proceeds will be used for acquiring residential mortgage-backed securities, mortgage servicing rights, and for general corporate purposes, ensuring adherence to REIT qualification requirements.