Apple Hospitality REIT (APLE) Stock Forecast, Price & News

Apple Hospitality REIT (NYSE:APLE) Frequently Asked Questions

Is Apple Hospitality REIT a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Apple Hospitality REIT stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APLE, but not buy additional shares or sell existing shares.
View analyst ratings for Apple Hospitality REIT or view top-rated stocks.

When is Apple Hospitality REIT's next earnings date?

Apple Hospitality REIT is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Apple Hospitality REIT.

How were Apple Hospitality REIT's earnings last quarter?

Apple Hospitality REIT, Inc. (NYSE:APLE) issued its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $0.08 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.03. Apple Hospitality REIT had a trailing twelve-month return on equity of 2.65% and a net margin of 8.04%. During the same period in the prior year, the company posted $0.04 earnings per share.
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 Friday, May 20th. Stockholders of record on Thursday, June 2nd will be paid a dividend of $0.05 per share on Wednesday, June 15th. This represents a $0.60 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Wednesday, June 1st.
View Apple Hospitality REIT's dividend history.

Is Apple Hospitality REIT a good dividend stock?

Apple Hospitality REIT pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.65%. Apple Hospitality REIT does not yet have a strong track record of dividend growth. The dividend payout ratio of Apple Hospitality REIT is 162.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Apple Hospitality REIT will have a dividend payout ratio of 35.71% next year. This indicates that Apple Hospitality REIT will be able to sustain or increase its dividend.
View Apple Hospitality REIT's dividend history.

What price target have analysts set for APLE?

4 analysts have issued 12 month price targets for Apple Hospitality REIT's stock. Their forecasts range from $17.00 to $23.00. On average, they anticipate Apple Hospitality REIT's stock price to reach $20.33 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price.
View analysts' price targets for Apple Hospitality REIT or view top-rated stocks among Wall Street analysts.

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 78)
• Mr. Justin G. Knight, CEO & Director (Age 49, Pay $2.46M)
• Ms. Elizabeth S. Perkins, Sr. VP & CFO (Age 39, Pay $1.07M)
• Ms. Karen Catherine Gallagher, Sr. VP & COO (Age 44, Pay $1.07M)
• Mr. Nelson G. Knight, Pres of Real Estate & Investments (Age 40, Pay $1.17M)
• Ms. Rachel S. Labrecque, Sr. VP & Chief Accounting Officer (Age 43, Pay $855.93k) (LinkedIn Profile)
• Ms. Kristian M. Gathright CPA, Exec. Director (Age 49, Pay $65k) (LinkedIn Profile)
• Ms. Kelly Campbell Clarke, VP of Investor Relations
• Mr. Matthew P. Rash, Sr. VP, Chief Legal Officer & Sec. (Age 43) (LinkedIn Profile)
• Ms. Jeanette A. Clarke, Sr. VP & Chief Capital Investment Officer (Age 40)

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

Some companies that are related to Apple Hospitality REIT include UDR (UDR), Camden Property Trust (CPT), Host Hotels & Resorts (HST), Kimco Realty (KIM), Equity LifeStyle Properties (ELS), American Homes 4 Rent (AMH), Regency Centers (REG), Gaming and Leisure Properties (GLPI), Medical Properties Trust (MPW), Sino Land (SNLAY), Rexford Industrial Realty (REXR), CubeSmart (CUBE), Lamar Advertising (LAMR), Life Storage (LSI) and Annaly Capital Management (NLY).
View all of APLE's 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), Bank of America (BAC), Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN).

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 investors include Vanguard Group Inc. (14.53%), BlackRock Inc. (8.62%), State Street Corp (4.54%), Victory Capital Management Inc. (3.83%), Principal Financial Group Inc. (3.00%) and JPMorgan Chase & Co. (2.97%). Company insiders that own Apple Hospitality REIT stock include Elizabeth Perkins, Glade M Knight, Glade M Knight, Howard E Woolley, Jeanette Clarke, Kristian M Gathright, Kristian M Gathright, Matthew Rash, Rachel Labrecque 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 Rush Island Management LP, Prudential Financial Inc., BlackRock Inc., Victory Capital Management Inc., Kempen Capital Management N.V., Foundry Partners LLC, Invesco Ltd., and Citigroup Inc..
View insider buying and selling activity for Apple Hospitality REIT or view top insider-selling stocks.

Which institutional investors are buying Apple Hospitality REIT stock?

APLE stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Charles Schwab Investment Management Inc., Centersquare Investment Management LLC, Goldman Sachs Group Inc., Principal Financial Group Inc., JPMorgan Chase & Co., Russell Investments Group Ltd., and Vanguard Group Inc.. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Elizabeth Perkins, Glade M Knight, Howard E Woolley, Jeanette Clarke, Matthew Rash, Rachel Labrecque, and Redd Hugh.
View insider buying and selling activity for Apple Hospitality REIT or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Apple Hospitality REIT's stock price today?

One share of APLE stock can currently be purchased for approximately $16.92.

How much money does Apple Hospitality REIT make?

Apple Hospitality REIT has a market capitalization of $3.87 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 $0.37 on an earnings per share basis.

How many employees does Apple Hospitality REIT have?

Apple Hospitality REIT employs 63 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, via email at [email protected], or via fax at 804-344-8129.