Barclays (LON:BARC) analyst Mark Devries maintained a Buy rating on Two Harbors (NYSE:TWO) Investment Corp on Wednesday, setting a price target of $7, which is approximately 8.19% above the present share price of $6.47.
Devries expects Two Harbors Investment Corp to post earnings per share (EPS) of $0.67 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Two Harbors, with an average price target of $6.5.
The analysts price targets range from a high of $7 to a low of $6.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $72.82 million and a net profit of $0. The company's market cap is $1.72 billion.
According to TipRanks.com, Barclays analyst Mark Devries is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 64.61% success rate.
Two Harbors Investment Corp. is a real estate investment trust, which focuses on investing in, financing, and managing agency residential mortgage-backed securities, non-Agency securities, mortgage servicing rights, and other financial assets. Its objective is to provide risk-adjusted returns to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation. The company was founded on May 21, 2009 and is headquartered in New York, NY.