Two Harbors Investment Corp. Announces Sale of Portfolio of Non-Agency Securities
Two Harbors Investment Corp (TWO)
Last two harbors investment corp earnings: 2/5 04:17 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.twoharborsinvestment.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO) (the “Company”), a leading hybrid mortgage real estate investment trust (REIT), today announced that in an effort to prudently manage our portfolio through unprecedented market volatility and preserve long-term stockholder value, the Company has sold substantially all of its portfolio of non-Agency securities, subject to customary settlement procedures.We believe the benefits of this sale include:Reducing the balances under our repurchase facilities by approximately $2.0 billion.Eliminating the risk of margin calls associated with the non-Agency residential mortgage-backed securities (“RMBS”) portfolio, which have been unusually significant in size in this volatile market environment.Removing the potential risk of not being able to roll the funding on non-Agency RMBS as they become due.After giving effect to the sale, our portfolio consists primarily of Agency RMBS and mortgage servicing rights. We estimate that:O
Show less
Read more
Impact Snapshot
Event Time:
TWO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TWO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TWO alerts
High impacting Two Harbors Investment Corp news events
Weekly update
A roundup of the hottest topics
TWO
News
- Two Harbors Investment Corp. (NYSE: TWO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Two Harbors Investment Corp. (NYSE:TWO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Two Harbors Q1 Earnings: Benefiting From Higher For Longer Rates [Seeking Alpha]Seeking Alpha
- Two Harbors Investment Corp. Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Two Harbors Investment Corp. Reports First Quarter 2024 Financial ResultsBusiness Wire
TWO
Earnings
- 4/29/24 - Beat
TWO
Sec Filings
- 4/30/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/15/24 - Form 144
- TWO's page on the SEC website