NYSE:APLE Apple Hospitality REIT Stock Forecast, Price & 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 $9.38 -0.87 (-8.49 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$9.37Now: $9.38▼$9.9950-Day Range$8.66MA: $10.06▼$11.1452-Week Range$4.48Now: $9.38▼$16.88Volume2.12 million shsAverage Volume2.91 million shsMarket Capitalization$2.09 billionP/E RatioN/ADividend YieldN/ABeta1.08 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 forecasted upside of 39.5% from its current price of $9.38.Amount of Analyst CoverageApple Hospitality REIT has only been the subject of 1 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 405 “underperform” votes. (Add your “underperform” vote.)Community SentimentApple Hospitality REIT has received 56.33% “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 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Apple Hospitality REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $85,283.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.50% of the stock of Apple Hospitality REIT is held by insiders.Percentage Held by Institutions64.90% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Apple Hospitality REIT are expected to grow by 862.50% in the coming year, from $0.08 to $0.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apple Hospitality REIT is -234.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Apple Hospitality REIT is -234.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioApple Hospitality REIT has a P/B Ratio of 0.64. 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: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.40 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 Ratio0.58 Current Ratio1.68 Quick Ratio1.68Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio117.25 P/E GrowthN/A Sales & Book Value Annual Sales$1.27 billion Price / Sales1.65 Cash Flow$1.49 per share Price / Cash Flow6.28 Book Value$14.70 per share Price / Book0.64Profitability EPS (Most Recent Fiscal Year)$1.63 Net Income$171.92 million Net Margins-0.99% Return on Equity-0.29% Return on Assets-0.18%Miscellaneous Employees62 Outstanding Shares223,224,000Market Cap$2.09 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $9.38 -0.87 (-8.49 %) (As of 09/21/2020 12:00 AM 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 price been impacted by Coronavirus (COVID-19)? 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 stock has decreased by 11.2% and is now trading at $9.38. View which stocks have been most impacted by COVID-19. 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 Monday, November 2nd 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 quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.27. Apple Hospitality REIT had a negative net margin of 0.99% and a negative return on equity of 0.29%. 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 paid a dividend of $0.10 per share on Monday, March 16th. This represents a $1.20 annualized dividend and a dividend yield of 12.79%. The ex-dividend date is Tuesday, March 3rd. View Apple Hospitality REIT's dividend history. What price target have analysts set for APLE? 7 brokers have issued 12 month price objectives for Apple Hospitality REIT's stock. Their forecasts range from $9.50 to $18.00. On average, they expect Apple Hospitality REIT's stock price to reach $13.08 in the next twelve months. This suggests a possible upside of 39.5% from the stock's current price. View analysts' price targets for Apple Hospitality REIT. Are investors shorting Apple Hospitality REIT? Apple Hospitality REIT saw a increase in short interest in August. As of August 31st, there was short interest totaling 3,700,000 shares, an increase of 21.3% from the August 15th total of 3,050,000 shares. Based on an average daily volume of 2,200,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.8% of the shares of the company are sold short. View Apple Hospitality REIT's Short Interest. Who are some of Apple Hospitality REIT's key competitors? Some companies that are related to Apple Hospitality REIT include CyrusOne (CONE), AGNC Investment (AGNC), Gaming and Leisure Properties (GLPI), Iron Mountain (IRM), Host Hotels and Resorts (HST), AmeriCold Realty Trust (COLD), Omega Healthcare Investors (OHI), Vereit (VER), Lamar Advertising (LAMR), Store Capital (STOR), Vornado Realty Trust (VNO), Regency Centers (REG), CubeSmart (CUBE), Kilroy Realty (KRC) and National Retail Properties (NNN). 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), Bank of America (BAC), Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN). 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 variety of institutional and retail investors. Top institutional investors 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 Charles Schwab Investment Management Inc. (0.91%). Company insiders that own Apple Hospitality REIT stock include Bryan Peery, Daryl Arthur Nickel, David P Buckley, Elizabeth Perkins, Glade M Knight, Jeanette Clarke, Jirka Rysavy, 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 LSV Asset Management, Vanguard Group Inc., APG Asset Management N.V., Charles Schwab Investment Management Inc., First Trust Advisors LP, Ensign Peak Advisors Inc, Alberta Investment Management Corp, and MERIAN GLOBAL INVESTORS UK Ltd. View insider buying and selling activity for Apple Hospitality REIT. Which institutional investors are buying Apple Hospitality REIT stock? APLE stock was acquired 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, Jane Street Group LLC, and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Bryan Peery, Daryl Arthur Nickel, David P Buckley, Elizabeth Perkins, Glade M Knight, Jeanette Clarke, Jirka Rysavy, Matthew Rash, Rachel Labrecque, 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 $9.38. How big of a company is Apple Hospitality REIT? Apple Hospitality REIT has a market capitalization of $2.09 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 9/21/2020 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
