NYSE:APLEApple 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 (WHO). Since then, APLE stock has decreased by 15.2% and is now trading at $8.96. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 2 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 Thursday, August 6th 2020. View our earnings forecast for Apple Hospitality REIT.

Apple Hospitality REIT will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Apple Hospitality REIT Inc (NYSE:APLE) issued its quarterly earnings data on Monday, May, 18th. The real estate investment trust reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.05. The real estate investment trust earned $238.01 million during the quarter, compared to the consensus estimate of $245.39 million. Apple Hospitality REIT had a net margin of 10.91% and a return on equity of 3.98%. 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 paid a dividend of $0.10 per share on Monday, March 16th. This represents a $1.20 annualized dividend and a dividend yield of 13.39%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Apple Hospitality REIT's dividend history.

6 brokers have issued 1-year price targets for Apple Hospitality REIT's stock. Their forecasts range from $12.00 to $18.00. On average, they expect Apple Hospitality REIT's share price to reach $13.80 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price. View analysts' price targets for Apple Hospitality REIT.

News stories about APLE stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Apple Hospitality REIT earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Apple Hospitality REIT.

Apple Hospitality REIT saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 6,180,000 shares, an increase of 20.0% from the June 15th total of 5,150,000 shares. Based on an average trading volume of 3,570,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 3.0% of the shares of the stock are short sold. View Apple Hospitality REIT's Current Options Chain.

Some companies that are related to Apple Hospitality REIT include American Homes 4 Rent (AMH), Regency Centers (REG), Iron Mountain (IRM), Host Hotels and Resorts (HST), AmeriCold Realty Trust (COLD), AGNC Investment (AGNC), Gaming and Leisure Properties (GLPI), Vornado Realty Trust (VNO), Omega Healthcare Investors (OHI), Vereit (VER), Kilroy Realty (KRC), Lamar Advertising (LAMR), Federal Realty Investment Trust (FRT), National Retail Properties (NNN) and Klepierre (KLPEF). View all competitors.

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), Exxon Mobil (XOM), Bank of America (BAC), Coca-Cola (KO), AGNC Investment (AGNC), EPR Properties (EPR) and Hill International (HIL).

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 MERIAN GLOBAL INVESTORS UK Ltd (0.62%), Timbercreek Investment Management Inc. (0.29%), Envestnet Asset Management Inc. (0.02%), Spirit of America Management Corp NY (0.02%), Ellis Investment Partners LLC (0.02%) and Canandaigua National Corp (0.01%). Company insiders that own Apple Hospitality REIT stock include Blythe J Mcgarvie, 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 MERIAN GLOBAL INVESTORS UK Ltd, Spirit of America Management Corp NY, Ellis Investment Partners LLC, and Envestnet Asset Management Inc.. 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 Timbercreek Investment Management Inc., and Canandaigua National Corp. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Blythe J Mcgarvie, 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 $8.96.

Apple Hospitality REIT has a market capitalization of $2.00 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]