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NYSE:APLEApple Hospitality REIT Stock Price, Forecast & News

$11.95
+0.49 (+4.28 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$11.19
Now: $11.95
$12.00
50-Day Range
$7.49
MA: $9.09
$11.95
52-Week Range
$4.48
Now: $11.95
$16.88
Volume2.53 million shs
Average Volume3.23 million shs
Market Capitalization$2.67 billion
P/E Ratio20.25
Dividend YieldN/A
Beta1.03
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, select-service hotels in the United States. Apple Hospitality's portfolio consists of 241 hotels with more than 30,800 guest rooms located in 88 markets throughout 34 states. Franchised with industry-leading brands, the Company's portfolio comprises 114 Marriott-branded hotels and 126 Hilton-branded hotels.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.41 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone804-344-8121

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.27 billion
Cash Flow$1.63 per share
Book Value$14.70 per share

Profitability

Net Income$171.92 million

Miscellaneous

Employees62
Market Cap$2.67 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Apple Hospitality REIT (NYSE:APLE) Frequently Asked Questions

How has Apple Hospitality REIT's stock been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 13.2% and is now trading at $11.95. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Apple Hospitality REIT?

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.

When is Apple Hospitality REIT's next earnings date?

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.

How were Apple Hospitality REIT's earnings last quarter?

Apple Hospitality REIT Inc (NYSE:APLE) released its earnings results on Monday, May, 18th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.05. The real estate investment trust had revenue of $238.01 million for the quarter, compared to analysts' expectations 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.

How often does Apple Hospitality REIT pay dividends? What is the dividend yield for Apple Hospitality REIT?

Apple Hospitality REIT declared a monthly dividend on Monday, February 24th. Stockholders 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 annualized dividend and a yield of 10.04%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Apple Hospitality REIT's dividend history.

What price target have analysts set for APLE?

6 brokerages have issued 12-month target prices for Apple Hospitality REIT's shares. Their forecasts range from $10.00 to $18.00. On average, they expect Apple Hospitality REIT's stock price to reach $13.40 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View analysts' price targets for Apple Hospitality REIT.

Has Apple Hospitality REIT been receiving favorable news coverage?

News coverage about APLE stock has been trending positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apple Hospitality REIT earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutApple Hospitality REIT.

Are investors shorting Apple Hospitality REIT?

Apple Hospitality REIT saw a decline in short interest in May. As of May 15th, there was short interest totaling 6,420,000 shares, a decline 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 short-interest ratio is presently 1.7 days. Approximately 3.1% of the shares of the stock are short sold. View Apple Hospitality REIT's Current Options Chain.

Who are some of Apple Hospitality REIT's key competitors?

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), Exxon Mobil (XOM), Bank of America (BAC), Coca-Cola (KO), AGNC Investment (AGNC), EPR Properties (EPR) and Hill International (HIL).

Who are Apple Hospitality REIT's key executives?

Apple Hospitality REIT's management team includes the following people:
  • Mr. Glade M. Knight, Exec. Chairman (Age 75)
  • Mr. Justin G. Knight, Pres, CEO & Director (Age 46)
  • Mr. Bryan F. Peery CPA, Exec. VP & CFO (Age 54)
  • Ms. Kristian M. Gathright CPA, Exec. VP, COO & Exec. Director (Age 46)
  • Mr. Nelson G. Knight, Exec. VP & Chief Investment Officer (Age 37)

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 a number of retail and institutional investors. Top institutional shareholders 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.

Which major investors are selling Apple Hospitality REIT stock?

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.

Which major investors are buying Apple Hospitality REIT stock?

APLE stock was acquired 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.

How do I buy shares of 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.

What is Apple Hospitality REIT's stock price today?

One share of APLE stock can currently be purchased for approximately $11.95.

How big of a company is Apple Hospitality REIT?

Apple Hospitality REIT has a market capitalization of $2.67 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.

What is Apple Hospitality REIT's official website?

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

How can I contact Apple Hospitality REIT?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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