This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Two Harbors Investment Corp (TWO): Today's Featured Real Estate Leader

Two Harbors Investment ( TWO) pushed the Real Estate industry higher today making it today's featured real estate leader. The industry as a whole closed the day down 0.3%. By the end of trading, Two Harbors Investment rose 38 cents (3.5%) to $11.21 on heavy volume. Throughout the day, 11.3 million shares of Two Harbors Investment exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in a price between $10.87-$11.22 after having opened the day at $10.90 as compared to the previous trading day's close of $10.83. Other companies within the Real Estate industry that increased today were: Institutional Financial Markets ( IFMI), up 6.5%, American Spectrum Realty ( AQQ), up 4.9%, Income Opportunity Realty Investors ( IOT), up 4%, and iStar Financial ( SFI), up 3.5%.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, residential real properties, and other financial assets. Two Harbors Investment has a market cap of $2.35 billion and is part of the financial sector. The company has a P/E ratio of 10.1, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 17.2% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Two Harbors Investment a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Two Harbors Investment as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, disappointing return on equity and feeble growth in its earnings per share.

On the negative front, Marlin Business Services ( MRLN), down 9.2%, Supertel Hospitality ( SPPR), down 6.3%, Maui Land & Pineapple Company ( MLP), down 5.5%, and Bluegreen Corporation ( BXG), down 5.1%, were all laggards within the real estate industry with Equity Residential ( EQR) being today's real estate industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs