NYSE:APLE Apple Hospitality REIT (APLE) Stock Forecast, Price & News $15.54 +0.20 (+1.30%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$15.42▼$15.6450-Day Range$14.51▼$16.0152-Week Range$13.66▼$18.22Volume2.07 million shsAverage Volume1.71 million shsMarket Capitalization$3.56 billionP/E Ratio22.20Dividend Yield6.18%Price Target$18.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Apple Hospitality REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside15.8% Upside$18.00 Price TargetShort InterestHealthy1.70% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews Sentiment0.69Based on 8 Articles This WeekInsider TradingAcquiring Shares$102,969 Bought Last QuarterProj. Earnings Growth4.88%From $1.64 to $1.72 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.2.41 out of 5 starsFinance Sector396th out of 851 stocksReal Estate Investment Trusts Industry72nd out of 189 stocks 2.4 Analyst's Opinion Consensus RatingApple Hospitality REIT has received a consensus rating of 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 $18.00, Apple Hospitality REIT has a forecasted upside of 15.8% from its current price of $15.54.Amount of Analyst CoverageApple Hospitality REIT has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.70% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Apple Hospitality REIT has recently increased by 19.08%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipApple Hospitality REIT is a leading dividend payer. It pays a dividend yield of 6.31%, 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 55.81% 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 2.0 News and Social Media Coverage News SentimentApple Hospitality REIT has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Apple Hospitality REIT this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for APLE on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Apple Hospitality REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% 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 $102,969.00 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 Institutions79.39% 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 4.88% in the coming year, from $1.64 to $1.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apple Hospitality REIT is 22.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Apple Hospitality REIT is 22.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 154.33.Price to Earnings Growth RatioApple Hospitality REIT has a PEG Ratio of 1.62. 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 1.12. 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. is a self-advised real estate investment trust company, which invests in income-producing real estate, primarily in the lodging sector. It owns hotels located in urban, high-end suburban, and developing markets throughout states, which operates under Marriott, Hilton, or Hyatt brands. The company was founded by Glade M. Knight on November 8, 2007 and is headquartered in Richmond, VA.Read More 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 Stock News HeadlinesJune 6, 2023 | msn.comApple Hospitality CEO Justin Knight talks occupancy, balance sheet, AIJune 4, 2023 | uk.finance.yahoo.comAPLE - Apple Hospitality REIT, Inc.June 7, 2023 | UNKNOWN (Ad)The Stock That's Brining Lithium Back To America!The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S SoilJune 4, 2023 | americanbankingnews.comRedd Hugh Buys 1,000 Shares of Apple Hospitality REIT, Inc. (NYSE:APLE) StockMay 30, 2023 | msn.comApple Hospitality REIT: Time To Take A BiteMay 28, 2023 | msn.comApple Hospitality REIT: Recovering Well With A 6.6% Dividend YieldMay 20, 2023 | americanbankingnews.comApple Hospitality REIT, Inc. (APLE) To Go Ex-Dividend on May 30thMay 19, 2023 | americanbankingnews.comApple Hospitality REIT (NYSE:APLE) Now Covered by Analysts at StockNews.comJune 7, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 18, 2023 | americanbankingnews.comBrokerages Set Apple Hospitality REIT, Inc. (NYSE:APLE) PT at $18.00May 11, 2023 | americanbankingnews.comB. Riley Weighs in on Apple Hospitality REIT, Inc.'s Q1 2024 Earnings (NYSE:APLE)May 10, 2023 | americanbankingnews.comApple Hospitality REIT, Inc. (NYSE:APLE) to Post Q2 2023 Earnings of $0.51 Per Share, B. Riley ForecastsMay 10, 2023 | americanbankingnews.comApple Hospitality REIT, Inc. (NYSE:APLE) Chairman Buys $77,500.00 in StockMay 9, 2023 | americanbankingnews.comApple Hospitality REIT (NYSE:APLE) Given New $19.00 Price Target at B. RileyMay 9, 2023 | msn.comB. Riley Securities Maintains Apple Hospitality REIT (APLE) Buy RecommendationMay 2, 2023 | msn.comApple Hospitality REIT (APLE) Q1 FFO Meet EstimatesMay 2, 2023 | msn.comApple Hospitality REIT delivers Q1 profit beat, reaffirms 2023 guideMay 2, 2023 | finance.yahoo.comApple Hospitality REIT Reports Results of Operations for First Quarter 2023April 30, 2023 | americanbankingnews.comApple Hospitality REIT (APLE) to Release Quarterly Earnings on TuesdayApril 25, 2023 | americanbankingnews.comApple Hospitality REIT, Inc. (NYSE:APLE) Plans $0.08 Monthly DividendApril 25, 2023 | americanbankingnews.comApple Hospitality REIT, Inc. (NYSE:APLE) Receives Consensus Rating of "Moderate Buy" from AnalystsApril 24, 2023 | msn.comApple Hospitality REIT's Ex-Dividend Date Is Thursday, Here's What You Need To KnowApril 19, 2023 | msn.comApple Hospitality REIT (APLE) Declares $0.08 DividendApril 19, 2023 | americanbankingnews.comApple Hospitality REIT, Inc. Expected to Post Q1 2023 Earnings of $0.33 Per Share (NYSE:APLE)March 31, 2023 | americanbankingnews.comApple Hospitality REIT (NYSE:APLE) Upgraded to "Overweight" by Wells Fargo & CompanyMarch 31, 2023 | americanbankingnews.comApple Hospitality REIT (NYSE:APLE) Upgraded to "Overweight" at Wells Fargo & CompanyMarch 30, 2023 | msn.comWells Fargo Upgrades Apple Hospitality REIT (APLE)See More Headlines APLE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APLE Company Calendar Last Earnings8/04/2022Ex-Dividend for 5/15 Dividend4/27/2023Dividend Payable5/15/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/07/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/03/2023Fiscal 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$18.00 High Stock Price Forecast$19.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+15.7%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.70 Trailing P/E Ratio22.23 Forward P/E Ratio9.49 P/E Growth1.62Net Income$144.80 million Net Margins12.39% Pretax Margin12.55% Return on Equity4.99% Return on Assets3.35% Debt Debt-to-Equity Ratio0.49 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$1.24 billion Price / Sales2.88 Cash Flow$1.46 per share Price / Cash Flow10.66 Book Value$13.89 per share Price / Book1.12Miscellaneous Outstanding Shares229,010,000Free Float212,982,000Market Cap$3.56 billion OptionableOptionable Beta1.16 Key ExecutivesJustin G. KnightPresident, Chief Executive Officer & DirectorKaren C. GallagherChief Operating Officer & Senior Vice PresidentElizabeth S. PerkinsChief Financial Officer & Senior Vice PresidentRachel S. LabrecqueChief Accounting Officer & Senior Vice PresidentMatthew P. RashSecretary, Senior VP & Chief Legal OfficerKey CompetitorsPhysicians Realty TrustNYSE:DOCKilroy RealtyNYSE:KRCPhillips Edison & Company, Inc.NASDAQ:PECOEssential Properties Realty TrustNYSE:EPRTBlackstone Mortgage TrustNYSE:BXMTView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 367,359 shares on 6/1/2023Ownership: 0.900%Redd HughBought 1,000 shares on 5/31/2023Total: $14,480.00 ($14.48/share)ProShare Advisors LLCSold 2,362 shares on 5/26/2023Ownership: 0.011%Kristian M GathrightBought 70 shares on 5/25/2023Total: $1,009.40 ($14.42/share)Ameriprise Financial Inc.Bought 251,741 shares on 5/22/2023Ownership: 1.278%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "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 research analysts have issued twelve-month target prices for Apple Hospitality REIT's stock. Their APLE share price forecasts range from $17.00 to $19.00. On average, they expect the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 15.7% 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 start of the year. Since then, APLE stock has decreased by 1.4% and is now trading at $15.56. View the best growth stocks for 2023 here. Are investors shorting Apple Hospitality REIT? Apple Hospitality REIT saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,620,000 shares, an increase of 19.1% from the April 30th total of 3,040,000 shares. Based on an average daily trading volume, of 1,880,000 shares, the short-interest ratio is presently 1.9 days. Currently, 1.7% of the company's shares are sold short. View Apple Hospitality REIT's Short Interest. When is Apple Hospitality REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our APLE earnings forecast. How were Apple Hospitality REIT's earnings last quarter? Apple Hospitality REIT, Inc. (NYSE:APLE) posted its quarterly earnings data on Thursday, August, 4th. The real estate investment trust reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by $0.16. Apple Hospitality REIT had a trailing twelve-month return on equity of 4.99% and a net margin of 12.39%. During the same period in the prior year, the firm earned $0.30 earnings per share. 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 Thursday, May 18th. Shareholders of record on Wednesday, May 31st will be paid a dividend of $0.08 per share on Thursday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 6.17%. The ex-dividend date is Tuesday, May 30th. 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), Hoya Capital High Dividend Yield ETF (RIET), Invesco DWA Financial Momentum ETF (PFI) 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 6.31%. 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 55.81% 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.30%), State Street Corp (4.67%), JPMorgan Chase & Co. (2.63%), Price T Rowe Associates Inc. MD (2.41%), Principal Financial Group Inc. (2.33%) and Geode Capital Management LLC (2.00%). 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 $15.56. How much money does Apple Hospitality REIT make? Apple Hospitality REIT (NYSE:APLE) has a market capitalization of $3.56 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 6/7/2023 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. 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