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 (WHO). Since then, APLE stock has decreased by 7.1% and is now trading at $9.81.
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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.

Apple Hospitality REIT is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Apple Hospitality REIT.

Apple Hospitality REIT Inc (NYSE:APLE) released its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported ($0.35) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.27. Apple Hospitality REIT had a negative return on equity of 0.29% and a negative net margin of 0.99%.
View Apple Hospitality REIT's earnings history.

Apple Hospitality REIT announced 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 dividend on an annualized basis and a yield of 12.23%. The ex-dividend date is Tuesday, March 3rd.
View Apple Hospitality REIT's dividend history.

7 brokers have issued 12-month price targets for Apple Hospitality REIT's stock. Their forecasts range from $9.50 to $18.00. On average, they expect Apple Hospitality REIT's share price to reach $13.08 in the next twelve months. This suggests a possible upside of 33.4% from the stock's current price.
View analysts' price targets for Apple Hospitality REIT.

News stories about APLE stock have been trending somewhat positive on Saturday, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Apple Hospitality REIT earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Apple Hospitality REIT.

Apple Hospitality REIT saw a decrease in short interest in June. As of June 30th, there was short interest totaling 4,130,000 shares, a decrease of 33.2% from the June 15th total of 6,180,000 shares. Based on an average daily volume of 3,020,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 2.0% of the shares of the stock are sold short.
View Apple Hospitality REIT's Short Interest.

Some companies that are related to Apple Hospitality REIT include Camden Property Trust (CPT), Gaming and Leisure Properties (GLPI), American Homes 4 Rent (AMH), Iron Mountain (IRM), SINO LD LTD/S (SNLAY), Host Hotels and Resorts (HST), AmeriCold Realty Trust (COLD), AGNC Investment (AGNC), Regency Centers (REG), Vereit (VER), Omega Healthcare Investors (OHI), Lamar Advertising (LAMR), Kilroy Realty (KRC), Vornado Realty Trust (VNO) and National Retail Properties (NNN).
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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), EPR Properties (EPR) 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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.45%), Prudential Financial Inc. (2.25%), Brookfield Asset Management Inc. (1.90%), APG Asset Management N.V. (1.16%), Russell Investments Group Ltd. (1.06%) and Bessemer Group Inc. (0.63%). Company insiders that own Apple Hospitality REIT stock include 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 LSV Asset Management, Vanguard Group Inc., APG Asset Management N.V., First Trust Advisors LP, Ensign Peak Advisors Inc, Alberta Investment Management Corp, MERIAN GLOBAL INVESTORS UK Ltd, and Alpha Omega Wealth Management LLC.
View insider buying and selling activity for Apple Hospitality REIT.

APLE stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Russell Investments Group Ltd., Prudential Financial Inc., Timbercreek Investment Management Inc., Bessemer Group Inc., Foundry Partners LLC, Sumitomo Mitsui Trust Holdings Inc., and Canada Pension Plan Investment Board. Company insiders that have bought Apple Hospitality REIT stock in the last two years include 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 $9.81.

Apple Hospitality REIT has a market capitalization of $2.19 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]