NYSE:APLE Apple Hospitality REIT - APLE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $17.83 -0.18 (-1.00%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$17.76▼$18.0050-Day Range$15.40▼$18.0152-Week Range$13.79▼$18.69Volume1.22 million shsAverage Volume1.22 million shsMarket Capitalization$4.08 billionP/E Ratio25.84Dividend Yield5.37%Price Target$19.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Apple Hospitality REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside10.8% Upside$19.75 Price TargetShort InterestHealthy1.81% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews Sentiment1.28Based on 4 Articles This WeekInsider TradingAcquiring Shares$96,454 Bought Last QuarterProj. Earnings Growth11.69%From $1.54 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.3.07 out of 5 starsFinance Sector102nd out of 865 stocksReal Estate Investment Trusts Industry16th 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 $19.75, Apple Hospitality REIT has a forecasted upside of 10.8% from its current price of $17.83.Amount of Analyst CoverageApple Hospitality REIT has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.81% 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 9.81%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipApple Hospitality REIT is a leading dividend payer. It pays a dividend yield of 5.37%, 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 139.13%. 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 2.9 News and Social Media Coverage News SentimentApple Hospitality REIT has a news sentiment score of 1.28. 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 0.52 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Apple Hospitality REIT this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for APLE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Apple Hospitality REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% 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 $96,454.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.80% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Apple Hospitality REIT are expected to grow by 11.69% in the coming year, from $1.54 to $1.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apple Hospitality REIT is 25.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Apple Hospitality REIT is 25.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.95.Price to Earnings Growth RatioApple Hospitality REIT has a PEG Ratio of 0.40. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioApple Hospitality REIT has a P/B Ratio of 1.29. 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 HeadlinesJanuary 25, 2023 | msn.comApple Hospitality REIT's Ex-Dividend Date Is Monday, Here's What You Need To KnowJanuary 20, 2023 | finance.yahoo.comApple Hospitality REIT Announces Monthly DistributionFebruary 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 11, 2023 | uk.finance.yahoo.comApple Hospitality REIT, Inc. (NYSE:APLE) is largely controlled by institutional shareholders who own 82% of the companyJanuary 9, 2023 | finance.yahoo.comApple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference CallDecember 22, 2022 | finance.yahoo.comApple Hospitality REIT Publishes Inaugural Corporate Responsibility ReportDecember 20, 2022 | finance.yahoo.comApple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2022December 2, 2022 | seekingalpha.comJuicy Hotel Dividends With Apple HospitalityFebruary 3, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…November 18, 2022 | finance.yahoo.comApple Hospitality REIT Announces December 2022 DistributionNovember 15, 2022 | msn.comAPLE vs. CUBE: Which Stock Is the Better Value Option?November 14, 2022 | bizjournals.comApple Hospitality REIT buys AC Hotel in the Strip District from Concord HospitalityNovember 8, 2022 | seekingalpha.comApple Hospitality REIT, Inc. (APLE) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | seekingalpha.comApple Hospitality Q3 earnings beat as RevPAR tops prepandemic levelsNovember 8, 2022 | finance.yahoo.comApple Hospitality REIT Reports Results of Operations for Third Quarter 2022October 29, 2022 | seekingalpha.comAPLE Apple Hospitality REIT, Inc.October 20, 2022 | finance.yahoo.comApple Hospitality REIT Announces Increase in Monthly Distribution Beginning with November 2022 DistributionOctober 10, 2022 | ca.finance.yahoo.comThe past five-year earnings decline for Apple Hospitality REIT (NYSE:APLE) likely explains shareholders long-term lossesOctober 4, 2022 | finance.yahoo.comApple Hospitality REIT, Inc. (APLE)September 23, 2022 | nasdaq.comApple Hospitality REIT, Inc.'s (NYSE:APLE) latest 7.4% decline adds to one-year losses, institutional investors may consider drastic measuresSeptember 20, 2022 | finance.yahoo.comApple Hospitality REIT Announces October 2022 DistributionAugust 31, 2022 | nasdaq.comEx-Dividend Reminder: Arthur J. Gallagher, Eastern Bankshares and Apple Hospitality REITAugust 31, 2022 | finance.yahoo.comWeak Financial Prospects Seem To Be Dragging Down Apple Hospitality REIT, Inc. (NYSE:APLE) StockAugust 26, 2022 | nasdaq.comApple Hospitality REIT (APLE) Shares Cross Below 200 DMAAugust 9, 2022 | seekingalpha.comApple Hospitality: A Lodging REIT Poised For Dividend GrowthAugust 5, 2022 | seekingalpha.comApple Hospitality REIT, Inc. (APLE) CEO Justin Knight on Q2 2022 Results - Earnings Call TranscriptAugust 5, 2022 | nasdaq.comApple Hospitality REIT (APLE) Q2 FFO and Revenues Beat EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 1/17 Dividend12/29/2022Dividend Payable1/17/2023Ex-Dividend for 2/15 Dividend1/30/2023Today2/03/2023Dividend Payable2/15/2023Next Earnings (Confirmed)2/21/2023Fiscal 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$19.75 High Stock Price Forecast$23.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+9.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.69 Trailing P/E Ratio25.84 Forward P/E Ratio11.58 P/E Growth0.4Net Income$18.83 million Net Margins13.09% Pretax Margin13.24% Return on Equity4.87% Return on Assets3.25% Debt Debt-to-Equity Ratio0.44 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$933.87 million Price / Sales4.37 Cash Flow$0.89 per share Price / Cash Flow20.07 Book Value$13.78 per share Price / Book1.29Miscellaneous Outstanding Shares228,750,000Free Float213,198,000Market Cap$4.08 billion OptionableOptionable Beta1.18 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 CompetitorsGranite Real Estate Inc. StapleNYSE:GRP.UCousins PropertiesNYSE:CUZBlackstone Mortgage TrustNYSE:BXMTHoward HughesNYSE:HHCPhillips Edison & Company, Inc.NASDAQ:PECOView All CompetitorsInsiders & InstitutionsNisa Investment Advisors LLCBought 1,433 shares on 2/2/2023Ownership: 0.041%SG Americas Securities LLCBought 2,213 shares on 2/2/2023Ownership: 0.021%Simplex Trading LLCBought 11,600 shares on 2/2/2023Ownership: 0.000%ProShare Advisors LLCBought 3,969 shares on 2/2/2023Ownership: 0.012%Bailard Inc.Bought 23,100 shares on 2/2/2023Ownership: 0.010%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 brokerages have issued twelve-month price targets for Apple Hospitality REIT's shares. Their APLE share price forecasts range from $18.00 to $23.00. On average, they expect the company's stock price to reach $19.75 in the next year. This suggests a possible upside of 9.7% 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 on January 1st, 2023. Since then, APLE shares have increased by 14.1% and is now trading at $18.01. View the best growth stocks for 2023 here. Are investors shorting Apple Hospitality REIT? Apple Hospitality REIT saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,860,000 shares, a decline of 9.8% from the December 31st total of 4,280,000 shares. Based on an average daily trading volume, of 1,430,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.8% of the shares of the company 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 Tuesday, February 21st 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, February 22nd 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 "13735270". How were Apple Hospitality REIT's earnings last quarter? Apple Hospitality REIT, Inc. (NYSE:APLE) released its quarterly earnings results on Thursday, August, 4th. The real estate investment trust reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.16. Apple Hospitality REIT had a net margin of 13.09% and a trailing twelve-month return on equity of 4.87%. During the same period in the previous 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 Friday, January 20th. Shareholders of record on Tuesday, January 31st will be paid a dividend of $0.08 per share on Wednesday, February 15th. This represents a $0.96 annualized dividend and a dividend yield of 5.33%. The ex-dividend date is Monday, January 30th. Read our dividend analysis for APLE. 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 5.37%. 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 139.13%. 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 a variety of retail and institutional investors. Top institutional investors include Strs Ohio (0.18%), Congress Asset Management Co. MA (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), Meritage Portfolio Management (0.12%), Foundry Partners LLC (0.12%) and State of New Jersey Common Pension Fund D (0.12%). 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 $18.01. How much money does Apple Hospitality REIT make? Apple Hospitality REIT (NYSE:APLE) has a market capitalization of $4.12 billion and generates $933.87 million in revenue each year. The real estate investment trust earns $18.83 million in net income (profit) each year or $0.69 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 2/3/2023 by MarketBeat.com Staff 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. 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