Apple Hospitality REIT - APLE Stock Forecast, Price & News

4 Wall Street 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 research analysts is that investors should "buy" APLE shares.
View APLE analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 12 month price objectives for Apple Hospitality REIT's stock. Their APLE share price forecasts range from $18.00 to $23.00. On average, they anticipate the company's stock price to reach $19.75 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for APLE or view top-rated stocks among Wall Street analysts.

Apple Hospitality REIT's stock was trading at $15.78 on January 1st, 2023. Since then, APLE stock has increased by 13.0% and is now trading at $17.83.
View the best growth stocks for 2023 here.

Apple Hospitality REIT saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,860,000 shares, a drop of 9.8% from the December 31st total of 4,280,000 shares. Based on an average trading volume of 1,430,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.8% of the shares of the company are short sold.
View Apple Hospitality REIT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our APLE earnings forecast.

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".

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 (EPS) 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 quarter in the previous year, the company posted $0.30 earnings per share.

Apple Hospitality REIT announced a monthly dividend on Friday, January 20th. Investors 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 yield of 5.38%. The ex-dividend date is Monday, January 30th.
Read our dividend analysis for APLE.

Apple Hospitality REIT (NYSE:APLE) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.33%. 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.

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).

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 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.

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.
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One share of APLE stock can currently be purchased for approximately $17.83.

Apple Hospitality REIT (NYSE:APLE) has a market capitalization of $4.08 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.

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.