Two Harbors Investment Corp. announced the release of its first‑quarter 2026 financial results and scheduled a conference call to discuss the performance and outlook. The earnings data will be made available after market close on April 28, 2026, and the call will take place on April 29, 2026 at 9:00 a.m. Eastern Time.
The announcement comes amid a significant merger agreement with UWM Holdings Corporation, which is expected to close in the second quarter of 2026. The merger is likely to dominate the discussion during the earnings call, as investors and analysts will focus on how the transaction will affect the company’s balance sheet, cash flows, and long‑term strategy.
Two Harbors also declared a common‑stock dividend of $0.34 per share, payable on April 15, 2026. The dividend’s sustainability is a key point of interest, given the company’s recent financial volatility and the potential impact of the pending merger on cash‑flow generation.
In the fourth quarter of 2025, the company reported earnings per share of $0.48, surpassing the consensus estimate of $0.37. However, the full‑year 2025 results ended in a net loss of $454.30 million, a sharp reversal from the $298.17 million net income reported in 2024. This contrast highlights the company’s earnings volatility and the importance of the upcoming earnings release for assessing its financial trajectory.
The company has received unsolicited cash proposals from CrossCountry Mortgage, LLC, with offers of $10.70 and $10.75 per share. These offers are below the valuation implied by the company’s recent performance and the merger agreement, adding another layer of complexity to the investment decision process.
Two Harbors operates as a mortgage‑servicing‑rights‑focused real‑estate investment trust, with its core operations conducted through RoundPoint Mortgage Servicing LLC, one of the largest servicers of conventional loans in the United States. The company’s portfolio includes mortgage servicing rights, residential mortgage‑backed securities, and other financial assets, positioning it to benefit from the current market environment for mortgage‑related securities.
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