Financial Contrast: PennyMac Mortgage Investment Trust (NYSE:PMT) versus Americold Realty Trust (NYSE:COLD)

PennyMac Mortgage Investment Trust (NYSE:PMT) and Americold Realty Trust (NYSE:COLD) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, risk, valuation, profitability, dividends, analyst recommendations and institutional ownership.

Valuation and Earnings

This table compares PennyMac Mortgage Investment Trust and Americold Realty Trust’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
PennyMac Mortgage Investment Trust	$429.02 million	2.79	$199.65 million	$1.50	9.20
Americold Realty Trust	$2.67 billion	3.07	-$336.21 million	($1.17)	-24.68

PennyMac Mortgage Investment Trust has higher earnings, but lower revenue than Americold Realty Trust. Americold Realty Trust is trading at a lower price-to-earnings ratio than PennyMac Mortgage Investment Trust, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for PennyMac Mortgage Investment Trust and Americold Realty Trust, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
PennyMac Mortgage Investment Trust	0	4	3	0	2.43
Americold Realty Trust	0	2	8	0	2.80

PennyMac Mortgage Investment Trust presently has a consensus price target of $14.93, suggesting a potential upside of 8.14%. Americold Realty Trust has a consensus price target of $30.45, suggesting a potential upside of 5.49%. Given PennyMac Mortgage Investment Trust’s higher probable upside, research analysts clearly believe PennyMac Mortgage Investment Trust is more favorable than Americold Realty Trust.

Institutional and Insider Ownership

67.4% of PennyMac Mortgage Investment Trust shares are owned by institutional investors. Comparatively, 98.1% of Americold Realty Trust shares are owned by institutional investors. 0.9% of PennyMac Mortgage Investment Trust shares are owned by insiders. Comparatively, 0.2% of Americold Realty Trust shares are owned 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.

Profitability

This table compares PennyMac Mortgage Investment Trust and Americold Realty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
PennyMac Mortgage Investment Trust	47.60%	13.29%	1.48%
Americold Realty Trust	-12.17%	-8.55%	-3.96%

Dividends

PennyMac Mortgage Investment Trust pays an annual dividend of $1.60 per share and has a dividend yield of 11.6%. Americold Realty Trust pays an annual dividend of $0.88 per share and has a dividend yield of 3.0%. PennyMac Mortgage Investment Trust pays out 106.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Americold Realty Trust pays out -75.2% of its earnings in the form of a dividend.

Risk and Volatility

PennyMac Mortgage Investment Trust has a beta of 1.51, indicating that its share price is 51% more volatile than the S&P 500. Comparatively, Americold Realty Trust has a beta of 0.59, indicating that its share price is 41% less volatile than the S&P 500.

Summary

PennyMac Mortgage Investment Trust beats Americold Realty Trust on 10 of the 16 factors compared between the two stocks.

About PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency MBS, as well as related interest rate hedging activities. Its Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored entities or PennyMac Loan Services, LLC. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2009 and is headquartered in Westlake Village, California.

About Americold Realty Trust

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America. Americold's facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.