Technical Snapshots for These REIT Stocks -- Two Harbors Investment, Equity Residential, New Residential Investment, and Orchid Island Capital

NEW YORK, September 6, 2017 /PRNewswire/ --

If you want a Stock Review on TWO, EQR, NRZ, or ORC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. For today, DailyStockTracker.com monitors Two Harbors Investment Corp. (NYSE: TWO), Equity Residential (NYSE: EQR), New Residential Investment Corp. (NYSE: NRZ), and Orchid Island Capital Inc. (NYSE: ORC). Residential REITs specialize in apartment buildings, student housing, manufactured homes, and single-family homes. Some specialize in different geographical markets or classes of properties. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at: http://dailystocktracker.com/register/

Two Harbors Investment 

Shares in New York headquartered Two Harbors Investment Corp. saw a decline of 1.76%, ending Tuesday's trading session at $10.07. The stock recorded a trading volume of 2.50 million shares. The Company's shares have gained 2.76% in the last one month, 0.10% over the last three months, and 15.48% on an YTD basis. The stock is trading 0.98% and 5.79% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), mortgage servicing rights, commercial real estate assets, and other financial assets in the US, have a Relative Strength Index (RSI) of 50.72.

On August 07^th, 2017, Two Harbors Investment announced its financial results for the quarter ended June 30^th, 2017. For Q2 2017, comprehensive income was $85.9 million; GAAP net income was $4.3 million; and core earnings were $97.5 million. As of June 30^th, 2017, fixed-rate investments composed 87.4% and adjustable-rate investments composed 12.6% of the Company's RMBS and Agency Derivatives portfolio. Visit us today and access your complete report on TWO for free at: http://dailystocktracker.com/registration/?symbol=TWO

Equity Residential 

Chicago, Illinois headquartered Equity Residential's stock rose 0.22%, closing the day at $67.14. A total volume of 1.64 million shares was traded, which was above their three months average volume of 1.53 million shares. The Company's shares have advanced 0.36% in the previous three months and 4.32% since the start of this year. The stock is trading 0.37% and 4.45% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Equity Residential, which engages in the acquisition, development, and management of multifamily properties in the US, have an RSI of 49.74.

On September 01^st, 2017, research firm Stifel resumed its 'Hold' rating on the Company's stock, with a target price of $71 per share. The complimentary research report on EQR can be accessed at: http://dailystocktracker.com/registration/?symbol=EQR

New Residential Investment 

On Tuesday, shares in New York-based New Residential Investment Corp. ("NRZ") recorded a trading volume of 3.42 million shares. The stock ended the day 1.56% lower at $16.40. The Company's shares have advanced 2.50% in the previous three months and 4.33% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.97% and 0.69%, respectively. Furthermore, shares of the Company, which focuses on investing in and managing residential mortgage related assets in the US, have an RSI of 49.18.

On August 28^th, 2017, NRZ, together with its subsidiaries, and Altisource Portfolio Solutions S.A. announced that they entered into an eight-year Cooperative Brokerage Agreement, pursuant to which the latter's licensed real estate brokerage subsidiaries will exclusively provide marketing and listing services for real-estate-owned properties included in certain portfolios of mortgage loans for which NRZ has acquired, or will acquire, the mortgage servicing rights. Register for free on DailyStockTracker.com and download the research report on NRZ at: http://dailystocktracker.com/registration/?symbol=NRZ

Orchid Island Capital 

Vero Beach, Florida headquartered Orchid Island Capital Inc.'s stock dropped 1.23%, finishing yesterday's session at $9.66 with a total trading volume of 699,094 shares. The Company's shares have advanced 2.11% in the last one month. The stock is trading below its 50-day moving average by 1.43%. Additionally, shares of the Company, which invests in residential RMBS in the US, have an RSI of 45.48.

On August 09^th, 2017, Orchid Island Capital announced that the Board of Directors declared a monthly cash dividend for the month of August 2017. The dividend of $0.14 per share will be paid on September 08^th, 2017, to holders of record on August 31^st, 2017, with an ex-dividend date of August 29^th, 2017. Get free access to your research report on ORC at: http://dailystocktracker.com/registration/?symbol=ORC

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