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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone804-344-8121
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.27 billion
Profitability
Miscellaneous
Employees62
Next Earnings Date8/5/2019 (Estimated)
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 announced a monthly dividend on Thursday, April 18th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.10 per share on Wednesday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date of this dividend is Wednesday, May 1st. View Apple Hospitality REIT's Dividend History.
How were Apple Hospitality REIT's earnings last quarter?
Apple Hospitality REIT Inc (NYSE:APLE) announced its quarterly earnings results on Wednesday, May, 8th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by $0.20. The real estate investment trust had revenue of $303.79 million for the quarter, compared to the consensus estimate of $303.62 million. Apple Hospitality REIT had a return on equity of 5.82% and a net margin of 15.84%. The company's revenue was up 1.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 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?
2 Wall Street analysts have issued 1 year target prices for Apple Hospitality REIT's stock. Their predictions range from $18.00 to $20.00. On average, they expect Apple Hospitality REIT's stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Apple Hospitality REIT.
What is the consensus analysts' recommendation for Apple Hospitality REIT?
2 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 1 buy rating 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 been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Apple Hospitality REIT earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Apple Hospitality REIT's key competitors?
Some companies that are related to Apple Hospitality REIT include Host Hotels and Resorts (HST), WP Carey (WPC), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), Vornado Realty Trust (VNO), UDR (UDR), SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Regency Centers (REG), Gecina (GECFF), Duke Realty (DRE), Sun Communities (SUI), Equity Lifestyle Properties (ELS) and Camden Property Trust (CPT).
What other stocks do shareholders of Apple Hospitality REIT own?
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 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)
Who are Apple Hospitality REIT's major shareholders?
Apple Hospitality REIT's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.84%), Northern Trust Corp (1.88%), Geode Capital Management LLC (1.67%), Dimensional Fund Advisors LP (1.54%), Renaissance Technologies LLC (1.52%) and Charles Schwab Investment Management Inc. (1.44%). Company insiders that own Apple Hospitality REIT stock include Blythe J Mcgarvie, Bryan Peery, Daryl Arthur Nickel, 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 Wells Fargo & Company MN, AJO LP, MERIAN GLOBAL INVESTORS UK Ltd, Goldman Sachs Group Inc., Morgan Stanley, Voya Investment Management LLC, Teachers Insurance & Annuity Association of America and Sumitomo Mitsui Trust Holdings 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 Ellis Investment Partners LLC, BlackRock Inc., Amundi Pioneer Asset Management Inc., Great Lakes Advisors LLC, Renaissance Technologies LLC, Hsbc Holdings PLC, Charles Schwab Investment Management Inc. and Parametric Portfolio Associates LLC. 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, 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 $16.20.
How big of a company is Apple Hospitality REIT?
Apple Hospitality REIT has a market capitalization of $3.63 billion and generates $1.27 billion in revenue each year. The real estate investment trust earns $206.09 million in net income (profit) each year or $1.72 on an earnings per share basis. Apple Hospitality REIT employs 62 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.
