Apple Hospitality REIT Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Apple Hospitality REIT stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APLE, but not buy additional shares or sell existing shares.
View analyst ratings for Apple Hospitality REIT or view top-rated stocks.

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Apple Hospitality REIT saw a decrease in short interest in March. As of March 15th, there was short interest totaling 3,480,000 shares, a decrease of 20.9% from the February 28th total of 4,400,000 shares. Based on an average trading volume of 1,990,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.7% of the company's shares are sold short.
View Apple Hospitality REIT's Short Interest.

Apple Hospitality REIT is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Apple Hospitality REIT.

Apple Hospitality REIT will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Apple Hospitality REIT, Inc. (NYSE:APLE) announced its quarterly earnings data on Monday, February, 22nd. The real estate investment trust reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by $0.09. Apple Hospitality REIT had a negative net margin of 12.73% and a negative trailing twelve-month return on equity of 3.05%.
View Apple Hospitality REIT's earnings history.

Apple Hospitality REIT's stock was trading at $10.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, APLE shares have increased by 40.8% and is now trading at $14.87.
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Apple Hospitality REIT announced a quarterly dividend on Friday, March 19th. Stockholders of record on Wednesday, March 31st will be given a dividend of $0.01 per share on Thursday, April 15th. This represents a $0.04 annualized dividend and a yield of 0.27%. The ex-dividend date is Tuesday, March 30th.
View Apple Hospitality REIT's dividend history.

Apple Hospitality REIT pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.27%. The dividend payout ratio of Apple Hospitality REIT is 2.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Apple Hospitality REIT will have a dividend payout ratio of 6.67% next year. This indicates that Apple Hospitality REIT will be able to sustain or increase its dividend.
View Apple Hospitality REIT's dividend history.

Apple Hospitality REIT issued an update on its fourth quarter earnings guidance on Tuesday, February, 23rd. The company provided earnings per share guidance of ($0.01) for the period, compared to the Thomson Reuters consensus estimate of $0.02. The company issued revenue guidance of $130 million, compared to the consensus revenue estimate of $144.37 million.

6 brokerages have issued 12-month price targets for Apple Hospitality REIT's shares. Their forecasts range from $12.00 to $14.00. On average, they anticipate Apple Hospitality REIT's stock price to reach $13.00 in the next year. This suggests that the stock has a possible downside of 12.6%.
View analysts' price targets for Apple Hospitality REIT or view top-rated stocks among Wall Street analysts.

Some companies that are related to Apple Hospitality REIT include UDR (UDR), W. P. Carey (WPC), Medical Properties Trust (MPW), Annaly Capital Management (NLY), Host Hotels & Resorts (HST), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), Iron Mountain (IRM), American Homes 4 Rent (AMH), Gaming and Leisure Properties (GLPI), Sino Land (SNLAY), Regency Centers (REG), Americold Realty Trust (COLD), Lamar Advertising (LAMR) and VEREIT (VER).
View all of APLE's competitors.

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), The Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN).

Apple Hospitality REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "APLE."

Apple Hospitality REIT's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.04%), Pensionfund DSM Netherlands (0.02%) and Redpoint Investment Management Pty Ltd (0.01%). Company insiders that own Apple Hospitality REIT stock include Elizabeth Perkins, Glade M Knight, Howard E Woolley, Jeanette Clarke, Jirka Rysavy, Kristian M Gathright, Matthew Rash, Rachel Labrecque and Redd Hugh.
View institutional ownership trends for Apple Hospitality REIT.

APLE stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Pensionfund DSM Netherlands, and Redpoint Investment Management Pty Ltd. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Elizabeth Perkins, Glade M Knight, Howard E Woolley, Jeanette Clarke, Jirka Rysavy, Matthew Rash, Rachel Labrecque, and Redd Hugh.
View insider buying and selling activity for Apple Hospitality REIT or or view top insider-buying stocks.

Shares of APLE 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.
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One share of APLE stock can currently be purchased for approximately $14.87.

Apple Hospitality REIT has a market capitalization of $3.33 billion and generates $1.27 billion in revenue each year. The real estate investment trust earns $171.92 million in net income (profit) each year or $1.63 on an earnings per share basis.

Apple Hospitality REIT employs 66 workers across the globe.

The official website for Apple Hospitality REIT is www.applehospitalityreit.com.

Apple Hospitality REIT is headquartered at 814 East Main Street, RICHMOND VA, 23219.

Apple Hospitality REIT's mailing address is 814 East Main Street, RICHMOND VA, 23219. The real estate investment trust can be reached via phone at 804-344-8121 or via email at [email protected]