Intrinsiqs

Is Two Harbors Investment Corp. overvalued?

Two Harbors Investment Corp. (TWO) looks overvalued — trading about 62% above its fair value.

Overvalued
Current price $12.04 Fair value $4.53
Price
$12.04
Fair value
$4.53
Current P/E
18.5
Normal P/E
7.0
Market cap
$1.27B
Dividend yield
11.3%
Return on equity
-1.2%
Sector
Real Estate

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Fair value compares TWO's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.