NYSE:APLEApple Hospitality REIT Stock Price, Forecast & News

Apple Hospitality REIT's stock was trading at $10.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, APLE stock has decreased by 13.4% and is now trading at $9.15. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Apple Hospitality REIT.

Apple Hospitality REIT is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Apple Hospitality REIT.

Apple Hospitality REIT Inc (NYSE:APLE) posted its earnings results on Monday, May, 18th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.05. The real estate investment trust earned $238.01 million during the quarter, compared to analyst estimates of $245.39 million. Apple Hospitality REIT had a net margin of 10.91% and a return on equity of 3.98%. View Apple Hospitality REIT's earnings history.

Apple Hospitality REIT announced a monthly dividend on Monday, February 24th. Investors of record on Wednesday, March 4th will be given a dividend of $0.10 per share on Monday, March 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 13.11%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Apple Hospitality REIT's dividend history.

5 Wall Street analysts have issued 12-month price targets for Apple Hospitality REIT's stock. Their forecasts range from $10.00 to $18.00. On average, they anticipate Apple Hospitality REIT's share price to reach $13.50 in the next year. This suggests a possible upside of 47.5% from the stock's current price. View analysts' price targets for Apple Hospitality REIT.

Headlines about APLE stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apple Hospitality REIT earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutApple Hospitality REIT.

Apple Hospitality REIT saw a decrease in short interest in May. As of May 15th, there was short interest totaling 6,420,000 shares, a decrease of 23.1% from the April 30th total of 8,350,000 shares. Based on an average trading volume of 3,820,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 3.1% of the shares of the company are sold short. View Apple Hospitality REIT's Current Options Chain.

Some companies that are related to Apple Hospitality REIT include SINO LD LTD/S (SNLAY), Host Hotels and Resorts (HST), AGNC Investment (AGNC), Gaming and Leisure Properties (GLPI), American Homes 4 Rent (AMH), Regency Centers (REG), Iron Mountain (IRM), AmeriCold Realty Trust (COLD), Lamar Advertising (LAMR), Omega Healthcare Investors (OHI), Vornado Realty Trust (VNO), Kilroy Realty (KRC), Federal Realty Investment Trust (FRT), Vereit (VER) and Healthcare Trust Of America (HTA). View all 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), Exxon Mobil (XOM), Bank of America (BAC), Coca-Cola (KO), AGNC Investment (AGNC), EPR Properties (EPR) and Hill International (HIL).

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.57%), State Street Corp (3.85%), Invesco Ltd. (2.69%), Geode Capital Management LLC (1.82%), APG Asset Management N.V. (1.77%) and APG Asset Management N.V. (1.77%). Company insiders that own Apple Hospitality REIT stock include Blythe J Mcgarvie, Bryan Peery, Daryl Arthur Nickel, David P Buckley, Glade M Knight, Jirka Rysavy, Justin G Knight and Redd Hugh. View institutional ownership trends for Apple Hospitality REIT.

APLE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., APG Asset Management N.V., Schroder Investment Management Group, Aperio Group LLC, Mackenzie Financial Corp, Bank of New York Mellon Corp, UBS Group AG, and Martingale Asset Management L P. View insider buying and selling activity for Apple Hospitality REIT.

APLE stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Eminence Capital LP, Fuller & Thaler Asset Management Inc., Bessemer Group Inc., Centersquare Investment Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, APG Asset Management N.V., and APG Asset Management N.V.. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Blythe J Mcgarvie, Bryan Peery, Daryl Arthur Nickel, David P Buckley, Glade M Knight, Jirka Rysavy, Justin G Knight, and Redd Hugh. View insider buying and selling activity for Apple Hospitality REIT.

Shares of APLE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of APLE stock can currently be purchased for approximately $9.15.

Apple Hospitality REIT has a market capitalization of $2.04 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 62 workers across the globe.

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

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]