NYSE:APLEApple Hospitality REIT Stock Price, Forecast & News

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. Since then, APLE shares have decreased by 10.2% and is now trading at $9.48. View which stocks have been most impacted by Coronavirus.

6 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 4 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 quarterly 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 return on equity of 3.98% and a net margin of 10.91%. View Apple Hospitality REIT's earnings history.

Apple Hospitality REIT declared a monthly dividend on Monday, February 24th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.10 per share on Monday, March 16th. This represents a $1.20 annualized dividend and a yield of 12.66%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Apple Hospitality REIT's dividend history.

6 brokerages have issued 12 month price objectives for Apple Hospitality REIT's shares. Their forecasts range from $12.00 to $18.00. On average, they anticipate Apple Hospitality REIT's stock price to reach $13.80 in the next twelve months. This suggests a possible upside of 45.6% from the stock's current price. View analysts' price targets for Apple Hospitality REIT.

Media stories about APLE stock have been trending very negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Apple Hospitality REIT earned a news impact score of -3.3 on InfoTrie's scale. They also gave news 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 near term. View the latest news about Apple Hospitality REIT.

Apple Hospitality REIT saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 5,150,000 shares, a decline of 19.8% from the May 31st total of 6,420,000 shares. Based on an average trading volume of 4,070,000 shares, the short-interest ratio is presently 1.3 days. Currently, 2.5% of the company's stock are short sold. View Apple Hospitality REIT's Current Options Chain.

Some companies that are related to Apple Hospitality REIT include CyrusOne (CONE), American Homes 4 Rent (AMH), Regency Centers (REG), Host Hotels and Resorts (HST), Iron Mountain (IRM), Gaming and Leisure Properties (GLPI), Vornado Realty Trust (VNO), AmeriCold Realty Trust (COLD), AGNC Investment (AGNC), Omega Healthcare Investors (OHI), Vereit (VER), Kilroy Realty (KRC), Lamar Advertising (LAMR), Federal Realty Investment Trust (FRT) and Klepierre (KLPEF). 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."

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 $9.48.

Apple Hospitality REIT has a market capitalization of $2.12 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]