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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
What’s the Obsession Over Inflation? (Ad)pixel
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
What’s the Obsession Over Inflation? (Ad)pixel
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
What’s the Obsession Over Inflation? (Ad)pixel
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
What’s the Obsession Over Inflation? (Ad)pixel
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
What’s the Obsession Over Inflation? (Ad)pixel
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
What’s the Obsession Over Inflation? (Ad)pixel
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
What’s the Obsession Over Inflation? (Ad)pixel
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
What’s the Obsession Over Inflation? (Ad)pixel
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
What’s the Obsession Over Inflation? (Ad)pixel
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
NYSE:APLE

Apple Hospitality REIT - APLE Stock Forecast, Price & News

$14.04
+0.16 (+1.15%)
(As of 09/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.91
$14.41
50-Day Range
$13.88
$17.35
52-Week Range
$13.79
$18.69
Volume
1.77 million shs
Average Volume
1.86 million shs
Market Capitalization
$3.21 billion
P/E Ratio
24.63
Dividend Yield
6.05%
Price Target
$19.50

Apple Hospitality REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
38.9% Upside
$19.50 Price Target
Short Interest
Healthy
2.39% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.20
Upright™ Environmental Score
News Sentiment
0.53mentions of Apple Hospitality REIT in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$91,042 Bought Last Quarter
Proj. Earnings Growth
15.13%
From $1.52 to $1.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.20 out of 5 stars

Finance Sector

15th out of 898 stocks

Real Estate Investment Trusts Industry

1st out of 194 stocks

APLE stock logo

About Apple Hospitality REIT (NYSE:APLE) Stock

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, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Concentrated with industry-leading brands, the Company's portfolio consists of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels.

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APLE Stock News Headlines

Apple Hospitality REIT Announces October 2022 Distribution
These 2 Hospitality REITs Are Finally Priced To Buy
See More Headlines
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APLE Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 9/15 Dividend
9/01/2022
Dividend Payable
9/15/2022
Today
9/28/2022
Ex-Dividend for 10/17 Dividend
10/03/2022
Dividend Payable
10/17/2022
Next Earnings (Confirmed)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
63
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.50
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+38.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$18.83 million
Pretax Margin
11.46%

Debt

Sales & Book Value

Annual Sales
$933.87 million
Cash Flow
$0.88 per share
Book Value
$13.78 per share

Miscellaneous

Free Float
213,314,000
Market Cap
$3.21 billion
Optionable
Optionable
Beta
1.10

Key Executives

  • Mr. Glade M. KnightMr. Glade M. Knight (Age 78)
    Exec. Chairman
  • Mr. Justin G. KnightMr. Justin G. Knight (Age 49)
    CEO & Director
    Comp: $2.46M
  • Ms. Elizabeth S. PerkinsMs. Elizabeth S. Perkins (Age 39)
    Sr. VP & CFO
    Comp: $1.07M
  • Ms. Karen Catherine Gallagher (Age 44)
    Sr. VP & COO
    Comp: $1.07M
  • Mr. Nelson G. Knight (Age 40)
    Pres of Real Estate & Investments
    Comp: $1.17M
  • Ms. Rachel S. LabrecqueMs. Rachel S. Labrecque (Age 43)
    Sr. VP & Chief Accounting Officer
    Comp: $855.93k
  • Ms. Kristian M. Gathright CPAMs. Kristian M. Gathright CPA (Age 49)
    Exec. Director
    Comp: $65k
  • Ms. Kelly Campbell Clarke
    VP of Investor Relations
  • Mr. Matthew P. RashMr. Matthew P. Rash (Age 43)
    Sr. VP, Chief Legal Officer & Sec.
  • Ms. Jeanette A. ClarkeMs. Jeanette A. Clarke (Age 40)
    Sr. VP & Chief Capital Investment Officer













APLE Stock - Frequently Asked Questions

Should I buy or sell Apple Hospitality REIT stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" APLE shares.
View APLE analyst ratings
or view top-rated stocks.

What is Apple Hospitality REIT's stock price forecast for 2022?

4 analysts have issued twelve-month target prices for Apple Hospitality REIT's shares. Their APLE share price forecasts range from $17.00 to $23.00. On average, they expect the company's share price to reach $19.50 in the next year. This suggests a possible upside of 38.9% from the stock's current price.
View analysts price targets for APLE
or view top-rated stocks among Wall Street analysts.

How have APLE shares performed in 2022?

Apple Hospitality REIT's stock was trading at $16.15 on January 1st, 2022. Since then, APLE shares have decreased by 13.1% and is now trading at $14.04.
View the best growth stocks for 2022 here
.

Are investors shorting Apple Hospitality REIT?

Apple Hospitality REIT saw a increase in short interest in September. As of September 15th, there was short interest totaling 5,110,000 shares, an increase of 7.8% from the August 31st total of 4,740,000 shares. Based on an average daily trading volume, of 1,410,000 shares, the short-interest ratio is presently 3.6 days. Currently, 2.4% of the company's stock are sold short.
View Apple Hospitality REIT's Short Interest
.

When is Apple Hospitality REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our APLE earnings forecast
.

How can I listen to Apple Hospitality REIT's earnings call?

Apple Hospitality REIT will be holding an earnings conference call on Tuesday, November 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13732679".

How were Apple Hospitality REIT's earnings last quarter?

Apple Hospitality REIT, Inc. (NYSE:APLE) posted its earnings results on Thursday, August, 4th. The real estate investment trust reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.16. Apple Hospitality REIT had a trailing twelve-month return on equity of 4.05% and a net margin of 11.40%. During the same period last year, the business earned $0.30 earnings per share.

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 Tuesday, September 20th. Stockholders of record on Tuesday, October 4th will be paid a dividend of $0.07 per share on Monday, October 17th. This represents a $0.84 annualized dividend and a yield of 5.98%. The ex-dividend date is Monday, October 3rd.
Read our dividend analysis for APLE
.

Is Apple Hospitality REIT a good dividend stock?

Apple Hospitality REIT (NYSE:APLE) pays an annual dividend of $0.84 per share and currently has a dividend yield of 6.05%. APLE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 147.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, APLE will have a dividend payout ratio of 48.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APLE.

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), Bank of America (BAC), Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN).

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 many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (6.97%), State Street Corp (4.56%), Victory Capital Management Inc. (2.95%), JPMorgan Chase & Co. (2.64%), Principal Financial Group Inc. (2.52%) and Deutsche Bank AG (1.77%). Insiders that own company stock include Elizabeth Perkins, Glade M Knight, Glade M Knight, Howard E Woolley, Jeanette Clarke, Justin G Knight, Kristian M Gathright, Kristian M Gathright, Matthew Rash, Rachel Labrecque and Redd Hugh.
View institutional ownership trends
.

How do I buy shares of Apple Hospitality REIT?

Shares of APLE stock 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.
Compare Top Brokerages Here.

What is Apple Hospitality REIT's stock price today?

One share of APLE stock can currently be purchased for approximately $14.04.

How much money does Apple Hospitality REIT make?

Apple Hospitality REIT (NYSE:APLE) has a market capitalization of $3.21 billion and generates $933.87 million in revenue each year. The real estate investment trust earns $18.83 million in net income (profit) each year or $0.57 on an earnings per share basis.

How can I contact Apple Hospitality REIT?

Apple Hospitality REIT's mailing address is 814 East Main Street, RICHMOND VA, 23219. The official website for the company is www.applehospitalityreit.com. The real estate investment trust can be reached via phone at (804) 344-8121, via email at investors@matadorresources.com, or via fax at 804-344-8129.

This page (NYSE:APLE) was last updated on 9/28/2022 by MarketBeat.com Staff

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