earnings
confidence high
sentiment neutral
materiality 0.70
Two Harbors reports Q4 2023 book value $15.21, comprehensive income $38.9M ($0.40/share), dividend $0.45
TWO HARBORS INVESTMENT CORP.
2023-FY EPS reported
-$1.60
- Book value per common share $15.21; quarterly dividend $0.45 per share; 2.0% quarterly economic return on book value.
- Comprehensive income $38.9 million ($0.40 per basic share); IXM (non-GAAP) $0.39 per share.
- Issued 7.0M common shares via ATM for $97.8 million; repurchased 221,806 preferred shares.
- Portfolio: $11.4B Agency RMBS and MSR; net TBA position $3.2B; economic debt-to-equity 6.0:1.
- MSR UPB $215.6B, net servicing fee 25.3 bps; 60+ day delinquencies 0.7%; fair value losses $172.6M.