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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Two Harbors Investment ( TWO) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Two Harbors Investment fell 32 cents (-2.7%) to $11.71 on heavy volume. Throughout the day, 11 million shares of Two Harbors Investment exchanged hands as compared to its average daily volume of 5.1 million shares. The stock ranged in price between $11.68-$12.09 after having opened the day at $12.07 as compared to the previous trading day's close of $12.03. Other companies within the Real Estate industry that declined today were: Impac Mortgage Holdings ( IMH), down 10.2%, Optibase ( OBAS), down 9%, Power REIT ( PW), down 8.7%, and Maui Land & Pineapple Company ( MLP), down 6.5%.

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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 $3.38 billion and is part of the financial sector. The company has a P/E ratio of 9.2, below the average real estate industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 17.7. Shares are up 30.2% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Two Harbors Investment a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Two Harbors Investment as a sell. The area that we feel has been the company's primary weakness has been its disappointing return on equity.

On the positive front, Supertel Hospitality ( SPPR), up 3.8%, Roberts Realty Investors ( RPI), up 3.8%, Education Realty ( EDR), up 3.6%, and Corporate Office Properties ( OFC), up 2.8%, were all gainers within the real estate industry with Ventas ( VTR) being today's featured real estate industry leader.

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).

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