Apple Hospitality REIT (APLE) Competitors

$15.37
-0.10 (-0.65%)
(As of 10:55 AM ET)

APLE vs. IRT, PECO, MAC, GRP.U, CUZ, EPRT, BXMT, CTRE, SBRA, and SLG

Should you be buying Apple Hospitality REIT stock or one of its competitors? The main competitors of Apple Hospitality REIT include Independence Realty Trust (IRT), Phillips Edison & Company, Inc. (PECO), Macerich (MAC), Granite Real Estate Inc. Staple (GRP.U), Cousins Properties (CUZ), Essential Properties Realty Trust (EPRT), Blackstone Mortgage Trust (BXMT), CareTrust REIT (CTRE), Sabra Health Care REIT (SBRA), and SL Green Realty (SLG). These companies are all part of the "real estate investment trusts" industry.

Apple Hospitality REIT vs.

Independence Realty Trust (NYSE:IRT) and Apple Hospitality REIT (NYSE:APLE) are both mid-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, dividends, community ranking, institutional ownership, profitability, earnings, media sentiment, analyst recommendations and risk.

In the previous week, Apple Hospitality REIT had 5 more articles in the media than Independence Realty Trust. MarketBeat recorded 7 mentions for Apple Hospitality REIT and 2 mentions for Independence Realty Trust. Apple Hospitality REIT's average media sentiment score of 1.79 beat Independence Realty Trust's score of 0.72 indicating that Independence Realty Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independence Realty Trust
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Apple Hospitality REIT
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Apple Hospitality REIT has higher revenue and earnings than Independence Realty Trust. Independence Realty Trust is trading at a lower price-to-earnings ratio than Apple Hospitality REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independence Realty Trust$660.98M5.30-$17.23M-$0.07-222.11
Apple Hospitality REIT$1.34B2.78$177.49M$0.7819.73

Independence Realty Trust has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500. Comparatively, Apple Hospitality REIT has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500.

Independence Realty Trust pays an annual dividend of $0.64 per share and has a dividend yield of 4.1%. Apple Hospitality REIT pays an annual dividend of $0.96 per share and has a dividend yield of 6.2%. Independence Realty Trust pays out -914.2% of its earnings in the form of a dividend. Apple Hospitality REIT pays out 123.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Independence Realty Trust has raised its dividend for 2 consecutive years.

88.3% of Independence Realty Trust shares are owned by institutional investors. Comparatively, 89.7% of Apple Hospitality REIT shares are owned by institutional investors. 0.7% of Independence Realty Trust shares are owned by insiders. Comparatively, 7.0% of Apple Hospitality REIT shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Independence Realty Trust currently has a consensus target price of $17.00, suggesting a potential upside of 9.32%. Apple Hospitality REIT has a consensus target price of $18.40, suggesting a potential upside of 19.02%. Given Independence Realty Trust's higher possible upside, analysts clearly believe Apple Hospitality REIT is more favorable than Independence Realty Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independence Realty Trust
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60
Apple Hospitality REIT
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Apple Hospitality REIT has a net margin of 13.21% compared to Apple Hospitality REIT's net margin of -2.61%. Independence Realty Trust's return on equity of 5.54% beat Apple Hospitality REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Independence Realty Trust-2.61% -0.47% -0.27%
Apple Hospitality REIT 13.21%5.54%3.69%

Independence Realty Trust received 29 more outperform votes than Apple Hospitality REIT when rated by MarketBeat users. Likewise, 60.85% of users gave Independence Realty Trust an outperform vote while only 57.29% of users gave Apple Hospitality REIT an outperform vote.

CompanyUnderperformOutperform
Independence Realty TrustOutperform Votes
359
60.85%
Underperform Votes
231
39.15%
Apple Hospitality REITOutperform Votes
330
57.29%
Underperform Votes
246
42.71%

Summary

Apple Hospitality REIT beats Independence Realty Trust on 13 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding APLE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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APLE vs. The Competition

MetricApple Hospitality REITReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$3.73B$6.30B$8.32B$17.33B
Dividend Yield6.23%6.98%10.48%3.56%
P/E Ratio19.7327.4557.8821.04
Price / Sales2.786.163,541.1810.58
Price / Cash9.7816.3327.6217.62
Price / Book1.062.182.384.93
Net Income$177.49M$151.90M$991.47M$963.51M
7 Day Performance2.84%3.67%2.38%2.52%
1 Month Performance-6.61%-2.58%-1.05%-1.86%
1 Year Performance0.07%0.42%12.74%90.34%

Apple Hospitality REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRT
Independence Realty Trust
3.558 of 5 stars
$15.68
-1.1%
$17.00
+8.5%
-4.1%$3.53B$660.98M-223.90952Positive News
PECO
Phillips Edison & Company, Inc.
1.9411 of 5 stars
$32.38
-0.6%
$38.14
+17.8%
+6.9%$3.96B$610.12M70.39290Upcoming Earnings
MAC
Macerich
1.566 of 5 stars
$15.80
-1.0%
$14.40
-8.9%
+63.0%$3.41B$884.07M-12.44654Upcoming Earnings
GRP.U
Granite Real Estate Inc. Staple
0 of 5 stars
$52.31
-2.0%
N/A-19.2%$3.31B$386.07M32.90N/ADividend Announcement
CUZ
Cousins Properties
4.0606 of 5 stars
$21.74
-1.5%
$23.29
+7.1%
+8.5%$3.31B$802.87M39.53305Upcoming Earnings
EPRT
Essential Properties Realty Trust
4.2024 of 5 stars
$24.76
-1.6%
$28.22
+14.0%
+8.7%$4.19B$359.60M19.9740Positive News
BXMT
Blackstone Mortgage Trust
4.0811 of 5 stars
$18.25
-0.1%
$21.17
+16.0%
+6.4%$3.17B$2.04B12.94N/ANews Coverage
Gap Down
CTRE
CareTrust REIT
1.8098 of 5 stars
$23.46
-0.4%
$23.57
+0.5%
+23.0%$3.17B$217.77M47.8817Positive News
SBRA
Sabra Health Care REIT
2.3282 of 5 stars
$13.60
-0.7%
$15.54
+14.3%
+23.3%$3.15B$647.51M272.0048Upcoming Earnings
Positive News
SLG
SL Green Realty
1.244 of 5 stars
$48.31
-2.8%
$45.83
-5.1%
+117.8%$3.13B$913.71M-5.311,188Dividend Cut
Analyst Report

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This page (NYSE:APLE) was last updated on 4/24/2024 by MarketBeat.com Staff

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