Apple Hospitality REIT Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Apple Hospitality REIT stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APLE, but not buy additional shares or sell existing shares.
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Apple Hospitality REIT saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 6,530,000 shares, an increase of 26.3% from the December 31st total of 5,170,000 shares. Based on an average daily trading volume, of 2,280,000 shares, the short-interest ratio is presently 2.9 days. Approximately 3.3% of the company's shares are short sold.
View Apple Hospitality REIT's Short Interest.

Apple Hospitality REIT is scheduled to release its next quarterly earnings announcement on Monday, May 17th 2021.
View our earnings forecast for Apple Hospitality REIT.

Apple Hospitality REIT, Inc. (NYSE:APLE) issued its quarterly earnings results on Monday, February, 22nd. The real estate investment trust reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.14) by $0.09. Apple Hospitality REIT had a negative trailing twelve-month return on equity of 3.05% and a negative net margin of 12.73%.
View Apple Hospitality REIT's earnings history.

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 shares have increased by 34.9% and is now trading at $14.25.
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Apple Hospitality REIT updated its fourth quarter earnings guidance on Tuesday, February, 23rd. The company provided earnings per share guidance of ($0.01) for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.02. The company issued revenue guidance of $130 million, compared to the consensus revenue estimate of $144.37 million.

7 brokerages have issued 1-year price targets for Apple Hospitality REIT's stock. Their forecasts range from $12.00 to $14.00. On average, they anticipate Apple Hospitality REIT's stock price to reach $13.17 in the next year. This suggests that the stock has a possible downside of 7.6%.
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Some companies that are related to Apple Hospitality REIT include Apartment Income REIT (AIRC), UDR (UDR), W. P. Carey (WPC), Sino Land (SNLAY), Medical Properties Trust (MPW), Annaly Capital Management (NLY), Host Hotels & Resorts (HST), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), Gaming and Leisure Properties (GLPI), American Homes 4 Rent (AMH), Iron Mountain (IRM), Regency Centers (REG), STORE Capital (STOR) and Omega Healthcare Investors (OHI).
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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), The Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN).

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.92%), Price T Rowe Associates Inc. MD (2.32%), Principal Financial Group Inc. (2.04%), Principal Financial Group Inc. (2.04%), Dimensional Fund Advisors LP (1.44%) and Russell Investments Group Ltd. (1.36%). Company insiders that own Apple Hospitality REIT stock include Daryl Arthur Nickel, Elizabeth Perkins, Glade M Knight, Jeanette Clarke, Jirka Rysavy, Matthew Rash, Rachel Labrecque 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 Nuveen Asset Management LLC, Renaissance Technologies LLC, Northern Trust Corp, Land & Buildings Investment Management LLC, Jupiter Asset Management Ltd., Wells Fargo & Company MN, Amundi Pioneer Asset Management Inc., and First Trust Advisors LP.
View insider buying and selling activity for Apple Hospitality REIT or view top insider-selling stocks.

APLE stock was acquired by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Principal Financial Group Inc., Principal Financial Group Inc., Russell Investments Group Ltd., Alliancebernstein L.P., Fuller & Thaler Asset Management Inc., Janus Henderson Group PLC, and BlackRock Inc.. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Daryl Arthur Nickel, Elizabeth Perkins, Glade M Knight, Jeanette Clarke, Jirka Rysavy, Matthew Rash, Rachel Labrecque, and Redd Hugh.
View insider buying and selling activity for Apple Hospitality REIT or or view top insider-buying stocks.

Shares of APLE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of APLE stock can currently be purchased for approximately $14.25.

Apple Hospitality REIT has a market capitalization of $3.18 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 67 workers across the globe.

The official website for Apple Hospitality REIT is www.applehospitalityreit.com.

Apple Hospitality REIT is headquartered at 814 East Main Street, RICHMOND VA, 23219.

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]