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

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 higher today making it today's featured real estate winner. The industry as a whole closed the day down 0.4%. By the end of trading, Two Harbors Investment rose $0.12 (1.0%) to $11.80 on light volume. Throughout the day, 5,029,133 shares of Two Harbors Investment exchanged hands as compared to its average daily volume of 7,539,300 shares. The stock ranged in a price between $11.61-$11.80 after having opened the day at $11.69 as compared to the previous trading day's close of $11.68. Other companies within the Real Estate industry that increased today were: Transcontinental Realty Investors ( TCI), up 4.7%, Brookfield Office Properties Canada ( BOXC), up 4.7%, Nationstar Mortgage Holdings ( NSM), up 3.0% and PennyMac Mortgage Investment ( PMT), up 2.9%.

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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, and other financial assets. Two Harbors Investment has a market cap of $4.3 billion and is part of the financial sector. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are up 5.4% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Two Harbors Investment as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow.

On the negative front, Homex Development ( HXM), down 26.2%, Doral Financial ( DRL), down 4.8%, Marlin Business Services ( MRLN), down 4.6% and E-House China Holdings ( EJ), down 3.8% , 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).

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