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. $14.23 +0.17 (+1.21%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.12▼$14.3850-Day Range$13.85▼$18.0152-Week Range$13.66▼$18.69Volume2.17 million shsAverage Volume1.63 million shsMarket Capitalization$3.25 billionP/E Ratio22.23Dividend Yield6.75%Price Target$19.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Apple Hospitality REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside34.9% Upside$19.20 Price TargetShort InterestHealthy1.45% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews Sentiment0.04Based on 8 Articles This WeekInsider TradingAcquiring Shares$84,500 Bought Last QuarterProj. Earnings Growth5.42%From $1.66 to $1.75 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.3.06 out of 5 starsFinance Sector140th out of 884 stocksReal Estate Investment Trusts Industry20th out of 189 stocks 3.3 Analyst's Opinion Consensus RatingApple Hospitality REIT has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.20, Apple Hospitality REIT has a forecasted upside of 34.9% from its current price of $14.23.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 Shorted1.45% 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, 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 4.04%, 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 6.83%, 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 150.00%. 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 54.86% 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 2.2 News and Social Media Coverage News SentimentApple Hospitality REIT has a news sentiment score of 0.04. 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 lower news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Apple Hospitality REIT this week, compared to 2 articles on an average week.Search Interest26 people have searched for APLE on MarketBeat in the last 30 days. This is an increase of 117% 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 0% 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 $84,500.00 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Apple Hospitality REIT are expected to grow by 5.42% in the coming year, from $1.66 to $1.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apple Hospitality REIT is 22.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Apple Hospitality REIT is 22.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 136.53.Price to Earnings Growth RatioApple Hospitality REIT has a PEG Ratio of 0.44. 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 1.02. 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 HeadlinesMarch 27, 2023 | finance.yahoo.comImplied Volatility Surging for Apple Hospitality (APLE) Stock OptionsMarch 26, 2023 | nasdaq.comApple Hospitality REIT Named Top Dividend Stock With Insider Buying and 6.79% Yield (APLE)March 28, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 23, 2023 | finance.yahoo.comApple Hospitality REIT Announces Dates for First Quarter 2023 Earnings Release and Conference CallMarch 22, 2023 | americanbankingnews.comApple Hospitality REIT (NYSE:APLE) Lowered to "Neutral" at Compass PointMarch 22, 2023 | americanbankingnews.comApple Hospitality REIT, Inc. (APLE) to Issue Monthly Dividend of $0.08 on April 17thMarch 19, 2023 | nasdaq.comFirst Week of May 19th Options Trading For Apple Hospitality REIT (APLE)March 3, 2023 | finance.yahoo.comApple Hospitality REIT Appoints Carolyn Handlon to Board of Directors and Announces Date for 2023 Annual Meeting of ShareholdersMarch 28, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 27, 2023 | seekingalpha.comApple Hospitality REIT, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 24, 2023 | seekingalpha.comApple Hospitality REIT, Inc. (APLE) Q4 2022 Earnings Call TranscriptFebruary 22, 2023 | seekingalpha.comApple Hospitality stock slips 3% after in-line Q4 earnings reportFebruary 22, 2023 | msn.comFriday Is Your Last Chance To Buy Apple Hospitality REIT Before The Dividend PayoutFebruary 22, 2023 | markets.businessinsider.comBarclays Keeps Their Buy Rating on Apple Hospitality REIT (APLE)February 21, 2023 | finance.yahoo.comApple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2022February 20, 2023 | msn.comEarnings Outlook For Apple Hospitality REITFebruary 7, 2023 | finance.yahoo.comCan Mixed Fundamentals Have A Negative Impact on Apple Hospitality REIT, Inc. (NYSE:APLE) Current Share Price Momentum?February 6, 2023 | finance.yahoo.comAnother Dividend-Paying Hotel And Motel REIT Hits New 12-Month HighJanuary 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 DistributionJanuary 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 HospitalityNovember 18, 2022 | finance.yahoo.comApple Hospitality REIT Announces December 2022 DistributionNovember 15, 2022 | msn.comAPLE vs. CUBE: Which Stock Is the Better Value Option?See 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 3/15 Dividend2/27/2023Dividend Payable3/15/2023Today3/27/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Next Earnings (Confirmed)5/02/2023Fiscal 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$19.20 High Stock Price Forecast$23.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+34.9%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio22.23 Forward P/E Ratio8.57 P/E Growth0.44Net Income$144.80 million Net Margins11.69% Pretax Margin11.85% Return on Equity4.51% Return on Assets3.03% Debt Debt-to-Equity Ratio0.04 Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$1.24 billion Price / Sales2.63 Cash Flow$1.44 per share Price / Cash Flow9.85 Book Value$13.89 per share Price / Book1.02Miscellaneous Outstanding Shares228,660,000Free Float213,115,000Market Cap$3.25 billion OptionableOptionable Beta1.17 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 CompetitorsCousins PropertiesNYSE:CUZPhysicians Realty TrustNYSE:DOCEssential Properties Realty TrustNYSE:EPRTIndependence Realty TrustNYSE:IRTBlackstone Mortgage TrustNYSE:BXMTView All CompetitorsInsiders & InstitutionsNeo Ivy Capital ManagementBought 8,629 shares on 3/27/2023Ownership: 0.012%Victory Capital Management Inc.Sold 1,038,737 shares on 3/10/2023Ownership: 2.465%Glade M KnightBought 5,000 shares on 2/27/2023Total: $84,500.00 ($16.90/share)Macquarie Group Ltd.Sold 46,057 shares on 2/21/2023Ownership: 0.740%Centersquare Investment Management LLCSold 778,380 shares on 2/21/2023Ownership: 0.679%View All Insider TransactionsView All Institutional Transactions APLE Stock - Frequently Asked Questions Should I buy or sell Apple Hospitality REIT stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last twelve months. There are currently 2 hold ratings 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? 5 brokerages have issued 12-month target prices for Apple Hospitality REIT's stock. Their APLE share price forecasts range from $17.00 to $23.00. On average, they expect the company's stock price to reach $19.20 in the next twelve months. This suggests a possible upside of 34.9% 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 decreased by 9.8% and is now trading at $14.23. View the best growth stocks for 2023 here. Are investors shorting Apple Hospitality REIT? Apple Hospitality REIT saw a increase in short interest in February. As of February 28th, there was short interest totaling 3,220,000 shares, an increase of 10.3% from the February 13th total of 2,920,000 shares. Based on an average daily volume of 1,420,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.5% of the company's stock 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, May 2nd 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, May 3rd 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 "13737167". How were Apple Hospitality REIT's earnings last quarter? Apple Hospitality REIT, Inc. (NYSE:APLE) released its quarterly earnings data on Thursday, August, 4th. The real estate investment trust reported $0.29 EPS for the quarter, missing the consensus estimate of $0.45 by $0.16. Apple Hospitality REIT had a net margin of 11.69% and a trailing twelve-month return on equity of 4.51%. During the same quarter last year, the company 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 Monday, March 20th. Shareholders of record on Friday, March 31st will be given a dividend of $0.08 per share on Monday, April 17th. This represents a $0.96 annualized dividend and a yield of 6.75%. The ex-dividend date of this dividend is Thursday, March 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 6.83%. 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 150.00%. 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 54.86% 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 investors include T. Rowe Price Investment Management Inc. (3.45%), Price T Rowe Associates Inc. MD (2.77%), Victory Capital Management Inc. (2.46%), Victory Capital Management Inc. (2.47%), Victory Capital Management Inc. (2.46%) and JPMorgan Chase & Co. (2.43%). 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 $14.23. How much money does Apple Hospitality REIT make? Apple Hospitality REIT (NYSE:APLE) has a market capitalization of $3.25 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 $0.64 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 3/28/2023 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. 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