TWO Shares Outstanding History — Two Harbors Investment Share Count Over Time

As of 4/23/2026 Two Harbors Investment has 105.05 million TWO shares outstanding. Investors often track the TWO shares outstanding history to compare shareholder return trends against the change in share count over time.

This page shows TWO share count trends over time, with 34 historical shares outstanding datapoints presented, dating back to 11/7/2017.

Quick links: Shares Outstanding History Table  |  Shares Outstanding History Chart  |  About Two Harbors Investment
TWO Shares Outstanding History



Below is a table of the TWO shares outstanding history going back to 11/7/2017:

Date TWO Shares Outstanding
11/7/201743.62M
2/23/201843.86M
5/8/201843.86M
8/7/201862.02M
11/6/201862.02M
2/22/201962.77M
5/7/201968.21M
8/6/201968.23M
1/31/20112.33M
11/5/201968.22M
2/24/202068.41M
5/5/202068.38M
8/4/202068.43M
11/3/202068.42M
2/23/202168.43M
5/4/202168.43M
8/3/202178.47M
11/8/202185.98M
2/24/202285.98M
5/2/202286.04M
8/2/202286.11M
11/7/202286.37M
2/21/202396.62M
4/27/202396.66M
7/27/202396.17M
10/26/202396.19M
7/26/2024103.62M
10/24/2024103.65M
2/12/2025104.02M
4/24/2025104.03M
7/24/2025104.13M
10/23/2025104.16M
2/11/2026105.04M
4/23/2026105.05M

Also see: TWO Market Cap History
TWO YTD Return
TWO Historical Shares Outstanding:
+10.95% CAGR
TWO Historical Shares Outstanding: +10.95% CAGR

Mouse over chart for data details
11/7/2017 ...4/23/2026
Two Harbors Investment Corp. is a real estate investment trust (REIT) that invests in mortgage servicing rights (MSR), residential mortgage-backed securities and other financial assets. Co., through its operational platform, RoundPoint Mortgage Servicing LLC, is a servicer of conventional loans. Co., through its subsidiary, Matrix Financial Services Corporation, holds the requisite approvals from Fannie Mae and Freddie Mac to own and manage MSR. Its Agency residential mortgage-backed securities portfolio is comprised of fixed rate mortgage-backed securities backed by single-family and multi-family mortgage loans. We show 34 historical shares outstanding datapoints in our coverage of TWO's shares outstanding history.

Understanding the changing numbers of TWO shares outstanding — and comprehending the concept of differing number of shares outstanding in general comparing companies like TWO versus peers — is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies. Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history. With this page we aim to empower investors researching TWO by allowing them to research TWO shares outstanding history as well as any other stock in our coverage universe.
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Video: Shares Outstanding Importance
Two Harbors Investment (TWO) is categorized under the Financials sector; to help you further research historical shares outstanding numbers, below are some other companies in the same sector:

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