NYSE:APLE Apple Hospitality REIT (APLE) Stock Forecast, Price & News $15.42 -0.24 (-1.53%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$15.42▼$15.7450-Day Range$14.45▼$16.1952-Week Range$13.66▼$18.22Volume1.73 million shsAverage Volume1.94 million shsMarket Capitalization$3.53 billionP/E Ratio22.04Dividend Yield6.22%Price Target$18.20 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Apple Hospitality REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside18.0% Upside$18.20 Price TargetShort InterestHealthy2.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews Sentiment1.18Based on 3 Articles This WeekInsider TradingAcquiring Shares$75,350 Bought Last QuarterProj. Earnings Growth4.37%From $1.60 to $1.67 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.59 out of 5 starsFinance Sector260th out of 843 stocksReal Estate Investment Trusts Industry48th out of 178 stocks 2.4 Analyst's Opinion Consensus RatingApple Hospitality REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.20, Apple Hospitality REIT has a forecasted upside of 18.0% from its current price of $15.43.Amount of Analyst CoverageApple Hospitality REIT has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.05% of the float of Apple Hospitality REIT has been sold short.Short Interest Ratio / Days to CoverApple Hospitality REIT has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Apple Hospitality REIT has recently decreased by 2.88%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipApple Hospitality REIT is a leading dividend payer. It pays a dividend yield of 6.08%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthApple Hospitality REIT has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Apple Hospitality REIT is 137.14%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Apple Hospitality REIT will have a dividend payout ratio of 57.49% next year. This indicates that Apple Hospitality REIT will be able to sustain or increase its dividend. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreApple Hospitality REIT has received a 9.68% net impact score from Upright. Apple Hospitality REIT seems to create the most significant positive value in categories "Taxes", "Jobs", and "Equality & human rights". The positive contribution in the "Equality & human rights" impact category is false driven by its "Real estate funds investing in hotels" product. See details.Environmental SustainabilityThe Environmental Impact score for Apple Hospitality REIT is -1.20. Previous Next 2.9 News and Social Media Coverage News SentimentApple Hospitality REIT has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Apple Hospitality REIT this week, compared to 3 articles on an average week.Search InterestOnly 11 people have searched for APLE on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows15 people have added Apple Hospitality REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Apple Hospitality REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $75,350.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.00% of the stock of Apple Hospitality REIT is held by insiders.Percentage Held by Institutions80.53% of the stock of Apple Hospitality REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Apple Hospitality REIT are expected to grow by 4.37% in the coming year, from $1.60 to $1.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apple Hospitality REIT is 22.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Apple Hospitality REIT is 22.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 82.79.Price to Earnings Growth RatioApple Hospitality REIT has a PEG Ratio of 4.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioApple Hospitality REIT has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Apple Hospitality REIT (NYSE:APLE) StockApple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 220 hotels with more than 28,900 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 97 Marriott-branded hotels, 119 Hilton-branded hotels and four Hyatt-branded hotels.Read More APLE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APLE Stock News HeadlinesSeptember 21, 2023 | 247wallst.comRate Hikes Ending: 7 REITs With Huge Monthly Dividends and Big Upside Potential to Buy Before It Is Too LateSeptember 5, 2023 | finance.yahoo.comApple Hospitality REIT (APLE): Unearthing the True ValueSeptember 23, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.August 29, 2023 | markets.businessinsider.comWells Fargo Keeps Their Buy Rating on Apple Hospitality REIT (APLE)August 22, 2023 | seekingalpha.comJuicy Income With These 2 Hotel REITsAugust 17, 2023 | msn.comApple Hospitality REIT: A Healthy FruitAugust 10, 2023 | markets.businessinsider.comAnalyst Ratings for Apple Hospitality REITAugust 5, 2023 | finance.yahoo.comApple Hospitality REIT, Inc. (NYSE:APLE) Q2 2023 Earnings Call TranscriptSeptember 23, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.August 4, 2023 | msn.comApple Hospitality REIT (APLE) Misses Q2 FFO EstimatesAugust 4, 2023 | msn.comCompared to Estimates, Apple Hospitality REIT (APLE) Q2 Earnings: A Look at Key MetricsAugust 3, 2023 | finance.yahoo.comApple Hospitality REIT Reports Results of Operations for Second Quarter 2023July 30, 2023 | seekingalpha.comApple Hospitality: A Solid Buy In Hotel REITsJuly 18, 2023 | msn.comBeyonce Renaissance Tour Caps Off Blow Out Third Quarter For Hotel REITsJuly 14, 2023 | msn.comREITs Capitalizing On Taylor Swift's Eras TourJuly 13, 2023 | msn.comWells Fargo Maintains Apple Hospitality REIT (APLE) Overweight RecommendationJuly 10, 2023 | msn.comApple Hospitality: Strong Performance AheadJuly 6, 2023 | msn.comApple Hospitality (APLE) Boosts Portfolio With $31M BuyoutJuly 6, 2023 | msn.comBarclays Maintains Apple Hospitality REIT (APLE) Overweight RecommendationJuly 6, 2023 | msn.comOppenheimer Maintains Apple Hospitality REIT (APLE) Outperform RecommendationJuly 5, 2023 | markets.businessinsider.comApple Hospitality Acquires Courtyard By Marriott Cleveland University CircleJuly 5, 2023 | msn.comApple Hospitality buys Courtyard by Marriott Cleveland University Circle for $31MJuly 5, 2023 | finance.yahoo.comApple Hospitality REIT Acquires the Courtyard by Marriott Cleveland University CircleJuly 5, 2023 | msn.comLodging REITs Likely to Log Softer Results Amid Slowing Business Fundamentals, Oppenheimer SaysJuly 3, 2023 | finance.yahoo.comDo Options Traders Know Something About Apple Hospitality (APLE) Stock We Don't?June 28, 2023 | finance.yahoo.comApple Hospitality REIT Recognizes Top Performers with 2022 Apple AwardsJune 20, 2023 | finance.yahoo.comApple Hospitality REIT Announces Dates for Second Quarter 2023 Earnings Release and Conference CallSee More Headlines Receive APLE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Apple Hospitality REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address APLE Company Calendar Last Earnings8/04/2022Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Today9/23/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Next Earnings (Confirmed)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:APLE CUSIPN/A CIK1418121 Webwww.applehospitalityreit.com Phone(804) 344-8121Fax804-344-8129Employees63Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.20 High Stock Price Forecast$20.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+18.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.70 Trailing P/E Ratio22.04 Forward P/E Ratio9.64 P/E Growth4.24Net Income$144.80 million Net Margins12.16% Pretax Margin12.32% Return on Equity5.01% Return on Assets3.35% Debt Debt-to-Equity Ratio0.44 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$1.24 billion Price / Sales2.85 Cash Flow$1.39 per share Price / Cash Flow11.07 Book Value$13.89 per share Price / Book1.11Miscellaneous Outstanding Shares228,800,000Free Float212,783,000Market Cap$3.53 billion OptionableOptionable Beta1.16 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Glade M. Knight (Age 79)Exec. Chairman Mr. Justin G. Knight (Age 50)CEO & Director Comp: $2.6MMs. Elizabeth S. Perkins (Age 40)Sr. VP & CFO Comp: $1.22MMs. Karen Catherine Gallagher (Age 45)Sr. VP & COO Comp: $1.22MMr. Nelson G. Knight (Age 41)Pres of Real Estate & Investments Comp: $1.27MMs. Rachel S. Labrecque (Age 44)Sr. VP & Chief Accounting Officer Comp: $933.54kMs. Kristian M. Gathright CPA (Age 50)Exec. Director Comp: $69.17kMs. Kelly Campbell ClarkeVP of Investor RelationsMr. Matthew P. Rash (Age 44)Sr. VP, Chief Legal Officer & Sec. Ms. Jeanette A. Clarke (Age 41)Sr. VP & Chief Capital Investment Officer More ExecutivesKey CompetitorsEssential Properties Realty TrustNYSE:EPRTMedical Properties TrustNYSE:MPWGranite Real Estate Inc. StapleNYSE:GRP.UETFMG Real Estate Tech ETFNYSE:HHHIndependence Realty TrustNYSE:IRTView All CompetitorsInsiders & InstitutionsBarclays PLCBought 22,004 shares on 9/21/2023Ownership: 0.099%California State Teachers Retirement SystemSold 7,464 shares on 8/21/2023Ownership: 0.115%Orion Portfolio Solutions LLCBought 320,514 shares on 8/17/2023Ownership: 0.167%Nuveen Asset Management LLCBought 318,565 shares on 8/16/2023Ownership: 2.124%Neo Ivy Capital ManagementBought 40,500 shares on 8/16/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions APLE Stock - Frequently Asked Questions Should I buy or sell Apple Hospitality REIT stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" APLE shares. View APLE analyst ratings or view top-rated stocks. What is Apple Hospitality REIT's stock price forecast for 2023? 4 Wall Street analysts have issued 12 month price objectives for Apple Hospitality REIT's shares. Their APLE share price forecasts range from $17.00 to $20.00. On average, they anticipate the company's stock price to reach $18.20 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price. View analysts price targets for APLE or view top-rated stocks among Wall Street analysts. How have APLE shares performed in 2023? Apple Hospitality REIT's stock was trading at $15.78 at the beginning of the year. Since then, APLE shares have decreased by 2.2% and is now trading at $15.4250. View the best growth stocks for 2023 here. When is Apple Hospitality REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our APLE earnings forecast. How can I listen to Apple Hospitality REIT's earnings call? Apple Hospitality REIT will be holding an earnings conference call on Wednesday, November 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13740906". How were Apple Hospitality REIT's earnings last quarter? Apple Hospitality REIT, Inc. (NYSE:APLE) issued its quarterly earnings data on Thursday, August, 4th. The real estate investment trust reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.16. Apple Hospitality REIT had a net margin of 12.16% and a trailing twelve-month return on equity of 5.01%. During the same period in the prior year, the firm posted $0.30 EPS. How often does Apple Hospitality REIT pay dividends? What is the dividend yield for Apple Hospitality REIT? Apple Hospitality REIT announced a monthly dividend on Tuesday, September 19th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.08 per share on Monday, October 16th. This represents a $0.96 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for APLE. What ETFs hold Apple Hospitality REIT's stock? ETFs with the largest weight of Apple Hospitality REIT (NYSE:APLE) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), Kelly Hotel & Lodging Sector ETF (HOTL), Nuveen Short-Term REIT ETF (NURE), Harbor Corporate Culture Small Cap ETF (HAPS), Hoya Capital High Dividend Yield ETF (RIET) and Cambria Global Real Estate ETF (BLDG). Is Apple Hospitality REIT a good dividend stock? Apple Hospitality REIT (NYSE:APLE) pays an annual dividend of $0.96 per share and currently has a dividend yield of 6.08%. APLE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 137.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, APLE will have a dividend payout ratio of 57.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for APLE. What other stocks do shareholders of Apple Hospitality REIT own? Based on aggregate information from My MarketBeat watchlists, some companies that other Apple Hospitality REIT investors own include AT&T (T), Realty Income (O), Altria Group (MO), Johnson & Johnson (JNJ), Bank of America (BAC), Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN). What is Apple Hospitality REIT's stock symbol? Apple Hospitality REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "APLE." Who are Apple Hospitality REIT's major shareholders? Apple Hospitality REIT's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.65%), State Street Corp (4.68%), JPMorgan Chase & Co. (2.77%), Principal Financial Group Inc. (2.56%), Victory Capital Management Inc. (2.31%) and Nuveen Asset Management LLC (2.12%). Insiders that own company stock include Elizabeth Perkins, Glade M Knight, Glade M Knight, Howard E Woolley, Jeanette Clarke, Justin G Knight, Kristian M Gathright, Kristian M Gathright, Matthew Rash, Rachel Labrecque and Redd Hugh. View institutional ownership trends. How do I buy shares of Apple Hospitality REIT? Shares of APLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Apple Hospitality REIT's stock price today? One share of APLE stock can currently be purchased for approximately $15.43. How much money does Apple Hospitality REIT make? Apple Hospitality REIT (NYSE:APLE) has a market capitalization of $3.53 billion and generates $1.24 billion in revenue each year. The real estate investment trust earns $144.80 million in net income (profit) each year or $0.70 on an earnings per share basis. How can I contact Apple Hospitality REIT? Apple Hospitality REIT's mailing address is 814 East Main Street, RICHMOND VA, 23219. The official website for the company is www.applehospitalityreit.com. The real estate investment trust can be reached via phone at (804) 344-8121, via email at investors@matadorresources.com, or via fax at 804-344-8129. This page (NYSE:APLE) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Apple Hospitality REIT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.