JMP Securities analyst Trevor Cranston reiterated a Buy rating on Two Harbors (NYSE:TWO) Investment Corp on Thursday, setting a price target of $8, which is approximately 0.12% below the present share price of $8.01.
Cranston expects Two Harbors Investment Corp to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Two Harbors, with an average price target of $7.67.
The analysts price targets range from a high of $8 to a low of $7.5.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $284.25 million and a net profit of $0. The company's market cap is $2.19 billion.
According to TipRanks.com, JMP Securities analyst Trevor Cranston is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 20.2% and a 79.07% 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.