Comparing National Storage Affiliates Trust (NYSE:NSA) and Cherry Hill Mortgage Investment (NYSE:CHMI)

National Storage Affiliates Trust (NYSE:NSA) and Cherry Hill Mortgage Investment (NYSE:CHMI) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, earnings, profitability, analyst recommendations, risk, institutional ownership and dividends.

Profitability

This table compares National Storage Affiliates Trust and Cherry Hill Mortgage Investment’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
National Storage Affiliates Trust	20.59%	10.35%	2.98%
Cherry Hill Mortgage Investment	-60.97%	15.18%	1.45%

Volatility and Risk

National Storage Affiliates Trust has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, Cherry Hill Mortgage Investment has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500.

Institutional and Insider Ownership

100.0% of National Storage Affiliates Trust shares are held by institutional investors. Comparatively, 18.5% of Cherry Hill Mortgage Investment shares are held by institutional investors. 13.0% of National Storage Affiliates Trust shares are held by insiders. Comparatively, 1.4% of Cherry Hill Mortgage Investment shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares National Storage Affiliates Trust and Cherry Hill Mortgage Investment”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
National Storage Affiliates Trust	$858.06 million	3.33	$156.67 million	$1.71	21.91
Cherry Hill Mortgage Investment	$49.99 million	2.30	-$34.79 million	($1.52)	-2.39

National Storage Affiliates Trust has higher revenue and earnings than Cherry Hill Mortgage Investment. Cherry Hill Mortgage Investment is trading at a lower price-to-earnings ratio than National Storage Affiliates Trust, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for National Storage Affiliates Trust and Cherry Hill Mortgage Investment, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
National Storage Affiliates Trust	2	6	1	0	1.89
Cherry Hill Mortgage Investment	0	1	1	1	3.00

National Storage Affiliates Trust currently has a consensus price target of $43.06, suggesting a potential upside of 14.95%. Cherry Hill Mortgage Investment has a consensus price target of $4.50, suggesting a potential upside of 23.80%. Given Cherry Hill Mortgage Investment’s stronger consensus rating and higher probable upside, analysts plainly believe Cherry Hill Mortgage Investment is more favorable than National Storage Affiliates Trust.

Dividends

National Storage Affiliates Trust pays an annual dividend of $2.28 per share and has a dividend yield of 6.1%. Cherry Hill Mortgage Investment pays an annual dividend of $0.60 per share and has a dividend yield of 16.5%. National Storage Affiliates Trust pays out 133.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cherry Hill Mortgage Investment pays out -39.5% of its earnings in the form of a dividend. Cherry Hill Mortgage Investment is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

National Storage Affiliates Trust beats Cherry Hill Mortgage Investment on 8 of the 15 factors compared between the two stocks.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of December 31, 2023, the Company held ownership interests in and operated 1,050 self storage properties, located in 42 states and Puerto Rico with approximately 68.6 million rentable square feet, which excludes 39 self storage properties classified as held for sale to be sold to a third party. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.

About Cherry Hill Mortgage Investment

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. It operates through Investments in RMBS (residential mortgage-backed securities) and Investments in Servicing Related Assets segments. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.