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 30,700 guest rooms located in 88 markets throughout 34 states. Franchised with industry-leading brands, the Company's portfolio comprises 115 Marriott-branded hotels and 126 Hilton-branded hotels.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:APLE
Previous Symbol
CUSIPN/A
Phone804-344-8121
Debt
Debt-to-Equity RatioN/A
Current Ratio0.06
Quick Ratio0.06
Price-To-Earnings
Trailing P/E Ratio8.71
Forward P/E Ratio8.91
P/E Growth1.85
Sales & Book Value
Annual Sales$1.24 billion
Price / Sales2.80
Cash Flow$1.5523 per share
Price / Cash Flow9.76
Book Value$16.01 per share
Price / Book0.95
Profitability
EPS (Most Recent Fiscal Year)$1.74
Net Income$182.49 million
Net Margins13.42%
Return on Equity4.77%
Return on Assets3.42%
Miscellaneous
Employees56
Outstanding Shares228,770,000
Market Cap$3.59 billion
OptionableOptionable
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 declared a monthly dividend on Wednesday, November 21st. Shareholders of record on Monday, December 3rd will be given a dividend of $0.10 per share on Monday, December 17th. This represents a $1.20 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date is Friday, November 30th. View Apple Hospitality REIT's Dividend History.
How were Apple Hospitality REIT's earnings last quarter?
Apple Hospitality REIT Inc (NYSE:APLE) issued its quarterly earnings results on Monday, November, 5th. The real estate investment trust reported $0.27 EPS for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.21. The real estate investment trust earned $332.20 million during the quarter, compared to analysts' expectations of $340.17 million. Apple Hospitality REIT had a net margin of 13.42% and a return on equity of 4.77%. The business's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.48 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?
3 analysts have issued 12 month price objectives for Apple Hospitality REIT's stock. Their predictions range from $20.00 to $20.00. On average, they anticipate Apple Hospitality REIT's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price. View Analyst Price Targets for Apple Hospitality REIT.
What is the consensus analysts' recommendation for Apple Hospitality REIT?
3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Apple Hospitality REIT.
Has Apple Hospitality REIT been receiving favorable news coverage?
News coverage about APLE stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Apple Hospitality REIT earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.
Are investors shorting Apple Hospitality REIT?
Apple Hospitality REIT saw a decrease in short interest during the month of November. As of November 30th, there was short interest totalling 4,129,859 shares, a decrease of 31.1% from the November 15th total of 5,995,154 shares. Based on an average trading volume of 1,839,497 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.9% of the company's stock are sold short. View Apple Hospitality REIT's Current Options Chain.
Who are some of Apple Hospitality REIT's key competitors?
Some companies that are related to Apple Hospitality REIT include HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), WP Carey (WPC), UDR (UDR), Regency Centers (REG), Gecina (GECFF), Duke Realty (DRE), Klepierre (KLPEF) 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, Pres, CEO & Director (Age 45)
- Mr. Bryan F. Peery CPA, Exec. VP & CFO (Age 53)
- Ms. Kristian M. Gathright CPA, Exec. VP & COO (Age 45)
- Mr. Nelson G. Knight, Exec. VP & Chief Investment Officer (Age 36)
Who are Apple Hospitality REIT's major shareholders?
Apple Hospitality REIT's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (13.97%), Vanguard Group Inc (13.97%), BlackRock Inc. (6.96%), Dimensional Fund Advisors LP (1.46%), Wells Fargo & Company MN (1.31%) and Prudential Financial Inc. (1.09%). Company insiders that own Apple Hospitality REIT stock include Blythe J Mcgarvie, Bryan Peery, 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 institutional investors are selling Apple Hospitality REIT stock?
APLE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, First Quadrant L P CA, TIAA CREF Investment Management LLC, Riverhead Capital Management LLC, United Services Automobile Association, Prudential Financial Inc., FMR LLC and Uniplan Investment Counsel Inc.. View Insider Buying and Selling for Apple Hospitality REIT.
Which institutional investors are buying Apple Hospitality REIT stock?
APLE stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Renaissance Technologies LLC, Mackenzie Financial Corp, Forward Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Allianz Asset Management GmbH and LSV Asset Management. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Blythe J Mcgarvie, Bryan Peery, 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 $15.15.
How big of a company is Apple Hospitality REIT?
Apple Hospitality REIT has a market capitalization of $3.59 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.
What is Apple Hospitality REIT's official website?
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 (NYSE 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.
