Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest portfolios of upscale, select-service hotels in the United States. The Company's highly diversified portfolio consists of 241 hotels with more than 30,500 guest rooms located in 88 markets throughout 34 states. The Company's hotels are franchised with industry leading brands, and the Company's portfolio includes 117 Marriott<sup>®</sup>branded hotels and 124 Hilton<sup>®</sup> branded hotels. For more information, please visit www.applehospitalityreit.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:APLE
CUSIPN/A
Phone804-344-8121
Debt
Debt-to-Equity Ratio0.14
Current Ratio0.06
Quick Ratio0.06
Price-To-Earnings
Trailing P/E Ratio10.60
Forward P/E Ratio10.54
P/E Growth2.1
Sales & Book Value
Annual Sales$1.24 billion
Price / Sales3.43
Cash Flow$1.6241 per share
Price / Cash11.36
Book Value$16.01 per share
Price / Book1.15
Profitability
EPS (Most Recent Fiscal Year)$1.74
Net Income$182.49 million
Net Margins15.30%
Return on Equity5.38%
Return on Assets3.87%
Miscellaneous
Employees56
Outstanding Shares230,340,000
Apple Hospitality REIT (NYSE:APLE) Frequently Asked Questions
What is Apple Hospitality REIT's stock symbol?
Apple Hospitality REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "APLE."
How often does Apple Hospitality REIT pay dividends? What is the dividend yield for Apple Hospitality REIT?
Apple Hospitality REIT announced a monthly dividend on Wednesday, June 20th. Stockholders of record on Monday, July 2nd will be paid a dividend of $0.10 per share on Monday, July 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.50%. The ex-dividend date of this dividend is Friday, June 29th. View Apple Hospitality REIT's Dividend History.
How were Apple Hospitality REIT's earnings last quarter?
Apple Hospitality REIT Inc (NYSE:APLE) released its earnings results on Monday, May, 7th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.21. The real estate investment trust earned $298.40 million during the quarter, compared to analysts' expectations of $299.89 million. Apple Hospitality REIT had a net margin of 15.30% and a return on equity of 5.38%. Apple Hospitality REIT's revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.39 earnings per share. View Apple Hospitality REIT's Earnings History.
When is Apple Hospitality REIT's next earnings date?
What price target have analysts set for APLE?
4 Wall Street analysts have issued 12 month price objectives for Apple Hospitality REIT's shares. Their forecasts range from $19.00 to $20.00. On average, they expect Apple Hospitality REIT's stock price to reach $19.75 in the next year. View Analyst Ratings for Apple Hospitality REIT.
Who are some of Apple Hospitality REIT's key competitors?
Some companies that are related to Apple Hospitality REIT include Host Hotels and Resorts (HST), Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Extra Space Storage (EXR), ANNALY Cap Mgmt/SH (NLY), Klépierre (KLPEF), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG) and Iron Mountain (IRM).
Who are Apple Hospitality REIT's key executives?
Apple Hospitality REIT's management team includes the folowing people:
- Mr. Glade M. Knight, Exec. Chairman (Age 74)
- Mr. Justin G. Knight, Chief Exec. Officer, Pres and Director (Age 45)
- Mr. Bryan F. Peery CPA, Exec. VP, CFO & Principal Accounting Officer (Age 53)
- Mrs. Kristian M. Gathright CPA, Chief Operating Officer and Exec. VP (Age 45)
- Mr. Nelson G. Knight, Exec. VP & Chief Investment Officer (Age 36)
Has Apple Hospitality REIT been receiving favorable news coverage?
Headlines about APLE stock have trended somewhat positive on Saturday, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Apple Hospitality REIT earned a coverage optimism score of 0.16 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 46.75 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Apple Hospitality REIT's major shareholders?
Apple Hospitality REIT's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.91%), Northern Trust Corp (1.85%), Long Pond Capital LP (1.60%), Prudential Financial Inc. (1.44%), Wells Fargo & Company MN (1.43%) and Dimensional Fund Advisors LP (1.39%). Company insiders that own Apple Hospitality REIT stock include David P Buckley, Glade M Knight, Jon A Fosheim, Justin G Knight, Nelson 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 Millennium Management LLC, Advantus Capital Management Inc, JPMorgan Chase & Co., Teacher Retirement System of Texas, Sei Investments Co., UBS Group AG, GSA Capital Partners LLP and California Public Employees Retirement System. View Insider Buying and Selling 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 Long Pond Capital LP, Prudential Financial Inc., Northern Trust Corp, Wells Fargo & Company MN, Nuveen Asset Management LLC, BlackRock Inc., Mackay Shields LLC and Aperio Group LLC. Company insiders that have bought Apple Hospitality REIT stock in the last two years include David P Buckley, Glade M Knight, Jon A Fosheim, Justin G Knight, Nelson Knight and Redd Hugh. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Apple Hospitality REIT's stock price today?
One share of APLE stock can currently be purchased for approximately $18.45.
How big of a company is Apple Hospitality REIT?
Apple Hospitality REIT has a market capitalization of $4.21 billion and generates $1.24 billion in revenue each year. The real estate investment trust earns $182.49 million in net income (profit) each year or $1.74 on an earnings per share basis. Apple Hospitality REIT employs 56 workers across the globe.
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]
MarketBeat Community Rating for Apple Hospitality REIT (APLE)
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.
