Apple Hospitality REIT Stock Forecast, Price & News

Apple Hospitality REIT's stock was trading at $10.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, APLE shares have decreased by 10.9% and is now trading at $9.41.
View which stocks have been most impacted by COVID-19.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 3 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 Monday, November 2nd 2020.
View our earnings forecast for Apple Hospitality REIT.

Apple Hospitality REIT Inc (NYSE:APLE) posted its earnings results on Thursday, August, 6th. The real estate investment trust reported ($0.35) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.27. Apple Hospitality REIT had a negative net margin of 0.99% and a negative return on equity of 0.29%.
View Apple Hospitality REIT's earnings history.

Apple Hospitality REIT declared a monthly dividend on Monday, February 24th. Investors of record on Wednesday, March 4th will be given a dividend of $0.10 per share on Monday, March 16th. This represents a $1.20 annualized dividend and a yield of 12.75%. The ex-dividend date is Tuesday, March 3rd.
View Apple Hospitality REIT's dividend history.

7 brokers have issued twelve-month target prices for Apple Hospitality REIT's shares. Their forecasts range from $9.50 to $18.00. On average, they anticipate Apple Hospitality REIT's share price to reach $13.08 in the next twelve months. This suggests a possible upside of 39.0% from the stock's current price.
View analysts' price targets for Apple Hospitality REIT.

Apple Hospitality REIT saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,700,000 shares, an increase of 21.3% from the August 15th total of 3,050,000 shares. Based on an average trading volume of 2,200,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.8% of the company's stock are short sold.
View Apple Hospitality REIT's Short Interest.

Some companies that are related to Apple Hospitality REIT include SINO LD LTD/S (SNLAY), Camden Property Trust (CPT), American Homes 4 Rent (AMH), CyrusOne (CONE), Iron Mountain (IRM), Gaming and Leisure Properties (GLPI), AGNC Investment (AGNC), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), Vereit (VER), AmeriCold Realty Trust (COLD), Lamar Advertising (LAMR), Store Capital (STOR), Regency Centers (REG) and Vornado Realty Trust (VNO).
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), Bank of America (BAC), 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.45%), Prudential Financial Inc. (2.25%), Brookfield Asset Management Inc. (1.90%), APG Asset Management N.V. (1.16%), Russell Investments Group Ltd. (1.06%) and Charles Schwab Investment Management Inc. (0.91%). Company insiders that own Apple Hospitality REIT stock include Bryan Peery, Daryl Arthur Nickel, David P Buckley, 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 LSV Asset Management, Vanguard Group Inc., APG Asset Management N.V., Charles Schwab Investment Management Inc., First Trust Advisors LP, Ensign Peak Advisors Inc, Alberta Investment Management Corp, and MERIAN GLOBAL INVESTORS UK Ltd.
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 Brookfield Asset Management Inc., Russell Investments Group Ltd., Prudential Financial Inc., Timbercreek Investment Management Inc., Bessemer Group Inc., Foundry Partners LLC, Jane Street Group LLC, and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have bought Apple Hospitality REIT stock in the last two years include Bryan Peery, Daryl Arthur Nickel, David P Buckley, 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.

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 $9.41.

Apple Hospitality REIT has a market capitalization of $2.10 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]