James Stern - Two Harbors Independent Director
| TWO Stock | USD 11.74 0.18 1.56% |
Director
Mr. James A. Stern is Independent Director of the company. Mr. Stern served as a director of CYS Investments, Inc. from 2006 until its merger with Two Harbors. As Chairman and Chief Executive Officer of The Cypress Group, Mr. Stern managed the firms investing activities. Mr. Stern currently serves as director of OHA Investment Corporationration He has served on the boards of directors of a number of corporations including Affinia Group Intermediate Holdings, Inc., Infinity Broadcasting, WESCO International, Inc., Lear Corporationrationration, and Cinemark USA, Inc. Prior to founding The Cypress Group in 1994, Mr. Stern had a twenty year career with Lehman Brothers. He joined the firm in 1974 and was named Managing Director in 1982. In 1988, he joined the firms management committee and became cohead of investment banking. He was named head of merchant banking in 1989. Mr. Stern was a trustee of Tufts University from 1982 to 2013 and was Chairman from 2003 to 2013. He is a board member of several charitable organizations including WNET, the Jewish Museum and the Cancer Research Foundation. Mr. Stern was appointed as a director pursuant to contractual rights of CYS granted in the merger agreement between Two Harbors and CYS. We believe Mr. Stern is qualified to serve as a director because of his experience in investments and capital markets and as a director of publicly traded companies. since 2018.
| Age | 69 |
| Tenure | 6 years |
| Address | 1601 Utica Avenue South, Saint Louis Park, MN, United States, 55416 |
| Phone | 612 453 4100 |
| Web | https://www.twoharborsinvestment.com |
James Stern Latest Insider Activity
Tracking and analyzing the buying and selling activities of James Stern against Two Harbors stock is an integral part of due diligence when investing in Two Harbors. James Stern insider activity provides valuable insight into whether Two Harbors is net buyers or sellers over its current business cycle. Note, Two Harbors insiders must abide by specific rules, including filing SEC forms every time they buy or sell Two Harbors'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
James Stern over six months ago Acquisition by James Stern of 6110 shares of Smith AO subject to Rule 16b-3 | ||
James Stern over a year ago Acquisition by James Stern of 9601 shares of Two Harbors subject to Rule 16b-3 |
Two Harbors Management Efficiency
The company has Return on Asset of (0.0307) % which means that on every $100 spent on assets, it lost $0.0307. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1921) %, meaning that it generated no profit with money invested by stockholders. Two Harbors' management efficiency ratios could be used to measure how well Two Harbors manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to -0.01. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Two Harbors' Intangibles To Total Assets are very stable compared to the past year. As of the 25th of November 2024, Debt To Assets is likely to grow to 0.22, while Non Currrent Assets Other are likely to drop (11.6 B).Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Francine Bovich | Annaly Capital Management | 68 | |
| Gerard Creagh | Chimera Investment | 62 | |
| James Brodsky | MFA Financial | 74 | |
| Thomas Hamilton | Annaly Capital Management | 52 | |
| John Day | Invesco Mortgage Capital | 73 | |
| David Stevens | Dynex Capital | 64 | |
| John Hollihan | ARMOUR Residential REIT | 71 | |
| Valerie Mosley | Dynex Capital | 59 | |
| James Lientz | Invesco Mortgage Capital | 77 | |
| Michael Vranos | Ellington Financial | 63 | |
| Dennis Mahoney | Chimera Investment | 77 | |
| John Reilly | Chimera Investment | 72 | |
| Marc Bell | ARMOUR Residential REIT | 53 | |
| Kathy Hannan | Annaly Capital Management | 58 | |
| Robert Salcetti | Dynex Capital | 66 | |
| Robert Hain | ARMOUR Residential REIT | 67 | |
| Loren Starr | Invesco Mortgage Capital | 57 | |
| Beth Zayicek | Invesco Mortgage Capital | 43 | |
| Stewart Paperin | ARMOUR Residential REIT | 73 | |
| Thomas Guba | ARMOUR Residential REIT | 70 | |
| Vicki Williams | Annaly Capital Management | 47 | |
Management Performance
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0307 |
Two Harbors Investments Leadership Team
Elected by the shareholders, the Two Harbors' board of directors comprises two types of representatives: Two Harbors inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Two. The board's role is to monitor Two Harbors' management team and ensure that shareholders' interests are well served. Two Harbors' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Two Harbors' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sheila Lichty, VP Treasurer | ||
| Stephen Kasnet, Independent Chairman of the Board | ||
| Matthew Koeppen, Managing Director, Co-Deputy Chief Investment Officer | ||
| Rebecca JD, Chief VP | ||
| Paulenier Sims, Director Relations | ||
| Margaret Karr, Head Relations | ||
| James Bender, Independent Director | ||
| Edward Abraham, Independent Director | ||
| Thomas Siering, President, Chief Executive Officer, Director | ||
| Alecia Hanson, VP Officer | ||
| Karen Hammond, Independent Director | ||
| Matt Keen, VP CTO | ||
| Mary Riskey, Chief Financial Officer, Vice President | ||
| Jason Vinar, VP Operations | ||
| William Dellal, VP CFO | ||
| Blake Johnson, Acting Controller | ||
| William Greenberg, President, Chief Executive Officer, Chief Investment Officer, Director | ||
| Jillian Halm, Chief Officer | ||
| Robert Rush, VP Officer | ||
| Hope Woodhouse, Independent Director | ||
| W Sanders, Independent Director | ||
| Chris Hurley, Chief Officer | ||
| Rebecca Sandberg, Chief Compliance Officer, Vice President, General Counsel, Company Secretary | ||
| James Stern, Independent Director | ||
| Nicholas Letica, VP Officer |
Two Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Two Harbors a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0307 | ||||
| Operating Margin | 4.96 % | ||||
| Current Valuation | 10.97 B | ||||
| Shares Outstanding | 103.65 M | ||||
| Shares Owned By Insiders | 0.73 % | ||||
| Shares Owned By Institutions | 68.01 % | ||||
| Number Of Shares Shorted | 3.22 M | ||||
| Price To Earning | 4.98 X | ||||
| Price To Book | 0.78 X |
Pair Trading with Two Harbors
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Two Harbors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Two Harbors will appreciate offsetting losses from the drop in the long position's value.Moving against Two Stock
| 0.87 | LC | LendingClub Corp | PairCorr |
| 0.87 | SF | Stifel Financial Earnings Call This Week | PairCorr |
| 0.86 | DIST | Distoken Acquisition | PairCorr |
| 0.86 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.85 | QD | Qudian Inc | PairCorr |
The ability to find closely correlated positions to Two Harbors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Two Harbors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Two Harbors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Two Harbors Investments to buy it.
The correlation of Two Harbors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Two Harbors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Two Harbors Investments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Two Harbors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Two Harbors Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Two Harbors. If investors know Two will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Two Harbors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Dividend Share 1.8 | Earnings Share (4.80) | Revenue Per Share 1.171 | Quarterly Revenue Growth (0.43) |
The market value of Two Harbors Investments is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Harbors' value that differs from its market value or its book value, called intrinsic value, which is Two Harbors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Two Harbors' market value can be influenced by many factors that don't directly affect Two Harbors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Two Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Harbors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.