NYSE:APLE - Apple Hospitality REIT Stock Price, Forecast & News

Apple Hospitality REIT's stock was trading at $10.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, APLE stock has decreased by 26.8% and is now trading at $7.7350. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 1 hold rating and 3 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 Wednesday, May 13th 2020. View our earnings forecast for Apple Hospitality REIT.

Apple Hospitality REIT Inc (NYSE:APLE) issued its earnings results on Monday, February, 24th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.22. The real estate investment trust had revenue of $289.97 million for the quarter, compared to the consensus estimate of $288.45 million. Apple Hospitality REIT had a return on equity of 5.16% and a net margin of 13.57%. View Apple Hospitality REIT's earnings history.

Apple Hospitality REIT declared 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 dividend yield of 15.51%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Apple Hospitality REIT's dividend history.

4 equities research analysts have issued 12-month price objectives for Apple Hospitality REIT's stock. Their forecasts range from $10.00 to $18.00. On average, they expect Apple Hospitality REIT's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 74.5% from the stock's current price. View analysts' price targets for Apple Hospitality REIT.

Media coverage about APLE stock has trended very negative on Thursday, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Apple Hospitality REIT earned a news impact score of -3.3 on InfoTrie's scale. They also gave news articles 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 company's share price in the near term. View the latest news aboutApple Hospitality REIT.

Apple Hospitality REIT saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 10,143,200 shares, a decline of 11.3% from the February 27th total of 11,430,000 shares. Based on an average daily trading volume, of 2,110,000 shares, the days-to-cover ratio is presently 4.8 days. Approximately 4.9% of the shares of the stock are sold short. View Apple Hospitality REIT's Current Options Chain.

Some companies that are related to Apple Hospitality REIT include Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Camden Property Trust (CPT), ANNALY CAP MGMT/SH (NLY), VICI Properties (VICI), CyrusOne (CONE), Vornado Realty Trust (VNO), Kilroy Realty (KRC), American Homes 4 Rent (AMH), AmeriCold Realty Trust (COLD), Regency Centers (REG), Iron Mountain (IRM), Klepierre (KLPEF), Omega Healthcare Investors (OHI) and Gaming and Leisure Properties (GLPI).

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), Exxon Mobil (XOM), Verizon Communications (VZ), Hill International (HIL), EPR Properties (EPR) and The Coca-Cola (KO).

Apple Hospitality REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "APLE."

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 $7.74.

Apple Hospitality REIT has a market capitalization of $1.73 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. View additional information about Apple Hospitality REIT.

The official website for Apple Hospitality REIT is http://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]