NYSE:APLEApple Hospitality REIT Stock Price, Forecast & News Adding Choose a 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. Log In and Add $9.13 +0.47 (+5.43 %) (As of 08/4/2020 04:00 PM ET) Add Compare Share Today's Range$8.59Now: $9.13▼$9.1850-Day Range$8.65MA: $9.38▼$11.5052-Week Range$4.48Now: $9.13▼$16.88Volume2.29 million shsAverage Volume3.07 million shsMarket Capitalization$2.04 billionP/E Ratio15.47Dividend YieldN/ABeta0.99 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingApple Hospitality REIT has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.08, Apple Hospitality REIT has a potential upside of 43.3% from its current price of $9.13.Amount of Analyst CoverageApple Hospitality REIT has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesApple Hospitality REIT has received 314 “outperform” votes. (Add your “outperform” vote.)Underperform VotesApple Hospitality REIT has received 404 “underperform” votes. (Add your “underperform” vote.)Community SentimentApple Hospitality REIT has received 56.27% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Apple Hospitality REIT and other stocks. Vote “Outperform” if you believe APLE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe APLE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldApple Hospitality REIT does not currently pay a dividend.Dividend GrowthApple Hospitality REIT does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Apple Hospitality REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.50% of the stock of Apple Hospitality REIT is held by insiders.Percentage Held by Institutions62.30% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Apple Hospitality REIT are expected to grow by 506.67% in the coming year, from $0.15 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apple Hospitality REIT is 15.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Apple Hospitality REIT is 15.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.19.Price to Book Value per Share RatioApple Hospitality REIT has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.05 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:APLE Previous Symbol CUSIPN/A CIK1418121 Webwww.applehospitalityreit.com Phone804-344-8121Debt Debt-to-Equity Ratio0.63 Current Ratio4.37 Quick Ratio4.37Price-To-Earnings Trailing P/E Ratio15.47 Forward P/E Ratio60.87 P/E GrowthN/A Sales & Book Value Annual Sales$1.27 billion Price / Sales1.61 Cash Flow$1.69 per share Price / Cash Flow5.41 Book Value$14.70 per share Price / Book0.62Profitability EPS (Most Recent Fiscal Year)$1.63 Net Income$171.92 million Net Margins10.91% Return on Equity3.98% Return on Assets2.59%Miscellaneous Employees62 Outstanding Shares223,217,000Market Cap$2.04 billion Next Earnings Date8/6/2020 (Confirmed) OptionableOptionable $9.13 +0.47 (+5.43 %) (As of 08/4/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive APLE News and Ratings via Email Sign-up to receive the latest news and ratings for APLE and its competitors with MarketBeat's FREE daily newsletter. 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, APLE shares have decreased by 13.5% and is now trading at $9.13. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Apple Hospitality REIT? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 3 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 Thursday, August 6th 2020. View our earnings forecast for Apple Hospitality REIT. How can I listen to Apple Hospitality REIT's earnings call? Apple Hospitality REIT will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Apple Hospitality REIT's earnings last quarter? 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 analysts' consensus estimates of $0.04 by $0.05. The real estate investment trust earned $238.01 million during the quarter, compared to analysts' expectations 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. 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. Investors 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 dividend on an annualized basis and a dividend yield of 13.14%. 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? 7 analysts have issued 1 year price targets for Apple Hospitality REIT's stock. Their forecasts range from $9.50 to $18.00. On average, they anticipate Apple Hospitality REIT's stock price to reach $13.08 in the next twelve months. This suggests a possible upside of 43.3% from the stock's current price. View analysts' price targets for Apple Hospitality REIT. Has Apple Hospitality REIT been receiving favorable news coverage? News headlines about APLE stock have trended neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apple Hospitality REIT earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Apple Hospitality REIT. Are investors shorting Apple Hospitality REIT? Apple Hospitality REIT saw a decline in short interest in July. As of July 15th, there was short interest totaling 3,520,000 shares, a decline of 14.8% from the June 30th total of 4,130,000 shares. Based on an average daily volume of 2,930,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.7% of the shares of the stock are sold short. View Apple Hospitality REIT's Current Options Chain. Who are some of Apple Hospitality REIT's key competitors? Some companies that are related to Apple Hospitality REIT include Gaming and Leisure Properties (GLPI), Host Hotels and Resorts (HST), AGNC Investment (AGNC), Omega Healthcare Investors (OHI), Vereit (VER), Regency Centers (REG), Vornado Realty Trust (VNO), Lamar Advertising (LAMR), Kilroy Realty (KRC), National Retail Properties (NNN), Store Capital (STOR), Healthcare Trust Of America (HTA), Rexford Industrial Realty (REXR), Federal Realty Investment Trust (FRT) and CubeSmart (CUBE). View all 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 many different retail and institutional investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (0.62%), Timbercreek Investment Management Inc. (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), UBS Group AG (0.18%), Foundry Partners LLC (0.17%) and Strs Ohio (0.12%). 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 institutional investors are selling Apple Hospitality REIT stock? APLE stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, MERIAN GLOBAL INVESTORS UK Ltd, Alpha Omega Wealth Management LLC, Strs Ohio, Denali Advisors LLC, SG Americas Securities LLC, Spirit of America Management Corp NY, and Vident Investment Advisory LLC. View insider buying and selling activity for Apple Hospitality REIT. Which institutional investors are buying Apple Hospitality REIT stock? APLE stock was bought by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., Foundry Partners LLC, Sumitomo Mitsui Trust Holdings Inc., Ziegler Capital Management LLC, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., UBS Group AG, and Jabodon PT Co.. 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 $9.13. How big of a company is Apple Hospitality REIT? 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. 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 8/5/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
