NYSE:APLEApple Hospitality REIT Stock Price, Forecast & 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 $10.21 -0.18 (-1.73 %) (As of 05/29/2020 03:34 PM ET) Add Compare Share Today's Range$9.89Now: $10.21▼$10.3150-Day Range$7.49MA: $8.77▼$10.6352-Week Range$4.48Now: $10.21▼$16.88Volume219,025 shsAverage Volume3.25 million shsMarket Capitalization$2.28 billionP/E Ratio17.31Dividend YieldN/ABeta1.02 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, Apple Hospitality REIT has a potential upside of 31.3% from its current price of $10.28.Amount of Analyst CoverageApple Hospitality REIT has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesApple Hospitality REIT has received 313 “outperform” votes. (Add your “outperform” vote.)Underperform VotesApple Hospitality REIT has received 398 “underperform” votes. (Add your “underperform” vote.)Community SentimentApple Hospitality REIT has received 55.98% “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 $70,650.00 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 Institutions61.98% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Apple Hospitality REIT are expected to grow by 220.00% in the coming year, from $0.30 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apple Hospitality REIT is 17.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Apple Hospitality REIT is 17.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.12.Price to Book Value per Share RatioApple Hospitality REIT has a P/B Ratio of 0.72. 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: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.53 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 Ratio0.63 Current Ratio4.37 Quick Ratio4.37Price-To-Earnings Trailing P/E Ratio17.31 Forward P/E Ratio34.03 P/E GrowthN/A Sales & Book Value Annual Sales$1.27 billion Price / Sales1.80 Cash Flow$1.57 per share Price / Cash Flow6.52 Book Value$14.31 per share Price / Book0.71Profitability EPS (Most Recent Fiscal Year)$1.63 Net Income$171.92 million Net Margins10.91% Return on Equity3.98% Return on Assets2.59%Miscellaneous Employees62 Outstanding Shares223,220,000Market Cap$2.28 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable APLE Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? 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 2.7% and is now trading at $10.28. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Apple Hospitality REIT? 5 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 3 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, August 3rd 2020. View our earnings forecast for Apple Hospitality REIT. How were Apple Hospitality REIT's earnings last quarter? Apple Hospitality REIT Inc (NYSE:APLE) issued its quarterly earnings results on Monday, May, 18th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.05. The real estate investment trust had revenue of $238.01 million for the quarter, compared to analysts' expectations 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. 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 Monday, February 24th. Shareholders 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 11.67%. The ex-dividend date is Tuesday, March 3rd. View Apple Hospitality REIT's dividend history. What price target have analysts set for APLE? 5 brokerages have issued 12 month price targets for Apple Hospitality REIT's shares. Their forecasts range from $10.00 to $18.00. On average, they anticipate Apple Hospitality REIT's share price to reach $13.50 in the next year. This suggests a possible upside of 31.3% from the stock's current price. View analysts' price targets for Apple Hospitality REIT. Has Apple Hospitality REIT been receiving favorable news coverage? Media coverage about APLE stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. 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 coverage optimism score of -1.6 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutApple Hospitality REIT. Are investors shorting Apple Hospitality REIT? Apple Hospitality REIT saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 6,420,000 shares, a decrease of 23.1% from the April 30th total of 8,350,000 shares. Based on an average trading volume of 3,820,000 shares, the short-interest ratio is presently 1.7 days. Approximately 3.1% of the shares of the stock are short sold. 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 ANNALY CAP MGMT/SH (NLY), Camden Property Trust (CPT), Host Hotels and Resorts (HST), CyrusOne (CONE), SINO LD LTD/S (SNLAY), Vornado Realty Trust (VNO), American Homes 4 Rent (AMH), Iron Mountain (IRM), Gaming and Leisure Properties (GLPI), Regency Centers (REG), AGNC Investment (AGNC), AmeriCold Realty Trust (COLD), Lamar Advertising (LAMR), Omega Healthcare Investors (OHI) and Kilroy Realty (KRC). 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), Exxon Mobil (XOM), Bank of America (BAC), Coca-Cola (KO), AGNC Investment (AGNC), EPR Properties (EPR) and Hill International (HIL). 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.57%), State Street Corp (3.85%), Invesco Ltd. (2.69%), Geode Capital Management LLC (1.82%), APG Asset Management N.V. (1.77%) and APG Asset Management N.V. (1.77%). 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. Which major investors are selling Apple Hospitality REIT stock? APLE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., APG Asset Management N.V., Schroder Investment Management Group, Aperio Group LLC, Mackenzie Financial Corp, Bank of New York Mellon Corp, UBS Group AG, and Martingale Asset Management L P. View insider buying and selling activity for Apple Hospitality REIT. Which major investors are buying Apple Hospitality REIT stock? APLE stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Eminence Capital LP, Fuller & Thaler Asset Management Inc., Bessemer Group Inc., Centersquare Investment Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, APG Asset Management N.V., and APG Asset Management N.V.. 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. 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 $10.28. How big of a company is Apple Hospitality REIT? Apple Hospitality REIT has a market capitalization of $2.29 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 5/29/2020 by MarketBeat.com Staff
