Apple Hospitality REIT (NYSE:APLE) Issues Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Key Points

• Apple Hospitality beat quarterly estimates: EPS was $0.26 versus the $0.22 consensus, while revenue of $398.33 million exceeded forecasts of $384.64 million. FFO also topped expectations at $0.50 per share.
• The company raised its 2026 RevPAR growth outlook to 5.1%–6.1%, citing October growth of about 10%.
• Apple Hospitality declared a monthly dividend of $0.08 per share, equivalent to a 5.1% annualized yield. Analysts’ consensus rating is Hold, with an average price target of $17.31.

Apple Hospitality REIT (NYSE:APLE - Get Free Report) released its earnings results on Thursday. The real estate investment trust reported $0.26 EPS for the quarter, beating the consensus estimate of $0.22 by $0.04, FiscalAI reports. Apple Hospitality REIT had a net margin of 12.17% and a return on equity of 5.56%. The business had revenue of $398.33 million during the quarter, compared to analyst estimates of $384.64 million.

Apple Hospitality REIT Trading Up 3.9%

NYSE APLE traded up $0.70 on Friday, reaching $18.85. The company had a trading volume of 5,795,465 shares, compared to its average volume of 2,506,206. The stock's 50 day moving average is $16.71 and its 200-day moving average is $14.80. The stock has a market cap of $4.45 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 2.12 and a beta of 0.93. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.51. Apple Hospitality REIT has a 52 week low of $11.23 and a 52 week high of $18.98.

Apple Hospitality REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 30th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, October 30th. This represents a $0.96 annualized dividend and a dividend yield of 5.1%. Apple Hospitality REIT's payout ratio is currently 129.73%.

Analysts Set New Price Targets

A number of brokerages have issued reports on APLE. Zacks Research lowered shares of Apple Hospitality REIT from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 27th. Wells Fargo & Company upped their price target on shares of Apple Hospitality REIT from $17.00 to $18.00 and gave the stock an "equal weight" rating in a research note on Monday, October 26th. JPMorgan Chase & Co. increased their price objective on Apple Hospitality REIT from $16.00 to $17.00 and gave the stock a "neutral" rating in a report on Wednesday, October 21st. Compass Point raised Apple Hospitality REIT from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $17.50 to $18.50 in a research report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Apple Hospitality REIT in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $17.31.

Key Headlines Impacting Apple Hospitality REIT

Here are the key news stories impacting Apple Hospitality REIT this week:

• Positive Sentiment: Apple Hospitality raised its 2026 RevPAR growth forecast to 5.1%–6.1%, citing October RevPAR growth of about 10%. The stronger recent trend suggests improving revenue per available room and supports the company’s outlook. Article: Apple Hospitality raises 2026 RevPAR growth outlook
• Positive Sentiment: Third-quarter FFO was $0.50 per share, ahead of the $0.47 consensus estimate and up from $0.42 a year earlier. Revenue of $398.33 million also exceeded expectations of $384.64 million; reported EPS of $0.26 topped the $0.22 estimate. Article: Apple Hospitality Q3 FFO and revenues surpass estimates

About Apple Hospitality REIT

Apple Hospitality REIT, Inc is a self-administered and self-managed real estate investment trust that owns a portfolio of upscale, select-service hotels across the United States. The company's properties primarily operate under well-known hospitality brands affiliated with Marriott International, Hilton Worldwide Holdings and Hyatt Hotels Corporation.

Apple Hospitality's hotels provide lodging and related guest services, including accommodations, meeting facilities, food and beverage offerings, and other amenities.

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