Comparing Park Hotels & Resorts (NYSE:PK) and National Storage Affiliates Trust (NYSE:NSA)

Park Hotels & Resorts (NYSE:PK) and National Storage Affiliates Trust (NYSE:NSA) are both mid-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, dividends and analyst recommendations.

Dividends

Park Hotels & Resorts pays an annual dividend of $1.00 per share and has a dividend yield of 9.0%. National Storage Affiliates Trust pays an annual dividend of $2.28 per share and has a dividend yield of 5.5%. Park Hotels & Resorts pays out -69.9% of its earnings in the form of a dividend. National Storage Affiliates Trust pays out 330.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Park Hotels & Resorts has increased its dividend for 1 consecutive years and National Storage Affiliates Trust has increased its dividend for 1 consecutive years. Park Hotels & Resorts is clearly the better dividend stock, given its higher yield and lower payout ratio.

Profitability

This table compares Park Hotels & Resorts and National Storage Affiliates Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Park Hotels & Resorts	-11.14%	-8.56%	-3.30%
National Storage Affiliates Trust	9.80%	5.81%	1.43%

Institutional & Insider Ownership

92.7% of Park Hotels & Resorts shares are held by institutional investors. Comparatively, 100.0% of National Storage Affiliates Trust shares are held by institutional investors. 2.5% of Park Hotels & Resorts shares are held by insiders. Comparatively, 13.7% of National Storage Affiliates Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Park Hotels & Resorts and National Storage Affiliates Trust”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Park Hotels & Resorts	$2.54 billion	0.88	-$283.00 million	($1.43)	-7.81
National Storage Affiliates Trust	$752.93 million	4.24	$73.78 million	$0.69	60.04

National Storage Affiliates Trust has lower revenue, but higher earnings than Park Hotels & Resorts. Park Hotels & Resorts 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 target prices for Park Hotels & Resorts and National Storage Affiliates Trust, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Park Hotels & Resorts	3	8	2	0	1.92
National Storage Affiliates Trust	1	12	0	0	1.92

Park Hotels & Resorts currently has a consensus target price of $11.45, indicating a potential upside of 2.54%. National Storage Affiliates Trust has a consensus target price of $33.60, indicating a potential downside of 18.89%. Given Park Hotels & Resorts’ higher possible upside, equities research analysts clearly believe Park Hotels & Resorts is more favorable than National Storage Affiliates Trust.

Risk and Volatility

Park Hotels & Resorts has a beta of 1.39, suggesting that its share price is 39% more volatile than the S&P 500. Comparatively, National Storage Affiliates Trust has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500.

Summary

National Storage Affiliates Trust beats Park Hotels & Resorts on 9 of the 15 factors compared between the two stocks.

About Park Hotels & Resorts

Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.

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.