NYSE:APLE

Apple Hospitality REIT (APLE) Stock Price, News & Analysis

$14.86
+0.06 (+0.41%)
(As of 05/7/2024 ET)
Today's Range
$14.83
$15.12
50-Day Range
$14.68
$16.87
52-Week Range
$14.22
$17.90
Volume
2.26 million shs
Average Volume
1.89 million shs
Market Capitalization
$3.60 billion
P/E Ratio
19.06
Dividend Yield
6.46%
Price Target
$18.40

Apple Hospitality REIT MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
23.8% Upside
$18.40 Price Target
Short Interest
Bearish
4.32% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.20
Upright™ Environmental Score
News Sentiment
0.72mentions of Apple Hospitality REIT in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.82%
From $1.65 to $1.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.74 out of 5 stars

Finance Sector

350th out of 874 stocks

Real Estate Investment Trusts Industry

71st out of 183 stocks

APLE stock logo

About Apple Hospitality REIT Stock (NYSE:APLE)

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 223 hotels with more than 29,400 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 99 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels.

APLE Stock Price History

APLE Stock News Headlines

Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
The 7 Best REITs to Buy in April 2024
6%-Yield Apple Hospitality Stock Up 20% Year-Over-Year
Saudi sovereign wealth fund pitches kingdom as AI hub
See More Headlines
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Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Ex-Dividend for 5/15 Dividend
4/29/2024
Today
5/07/2024
Dividend Payable
5/15/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$18.40
High Stock Price Target
$20.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+23.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$177.49 million
Pretax Margin
13.29%

Debt

Sales & Book Value

Annual Sales
$1.34 billion
Cash Flow
$1.60 per share
Book Value
$14.53 per share

Miscellaneous

Free Float
225,866,000
Market Cap
$3.60 billion
Optionable
Optionable
Beta
1.10
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APLE Stock Analysis - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" APLE shares. 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.
View APLE analyst ratings
or view top-rated stocks.

What is Apple Hospitality REIT's stock price target for 2024?

5 brokerages have issued 12 month price targets for Apple Hospitality REIT's shares. Their APLE share price targets range from $18.00 to $20.00. On average, they predict the company's stock price to reach $18.40 in the next twelve months. This suggests a possible upside of 23.8% 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 2024?

Apple Hospitality REIT's stock was trading at $16.61 on January 1st, 2024. Since then, APLE shares have decreased by 10.5% and is now trading at $14.86.
View the best growth stocks for 2024 here
.

Are investors shorting Apple Hospitality REIT?

Apple Hospitality REIT saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 10,460,000 shares, an increase of 5.2% from the March 31st total of 9,940,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is currently 5.8 days.
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 Thursday, August 1st 2024.
View our APLE earnings forecast
.

How were Apple Hospitality REIT's earnings last quarter?

Apple Hospitality REIT, Inc. (NYSE:APLE) announced its quarterly 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 5.54% and a net margin of 13.21%. During the same quarter in the previous year, the firm earned $0.30 EPS.

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 Thursday, April 18th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.08 per share on Wednesday, May 15th. This represents a $0.96 annualized dividend and a dividend yield of 6.46%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for APLE
.

Is Apple Hospitality REIT a good dividend stock?

Apple Hospitality REIT (NYSE:APLE) pays an annual dividend of $0.96 per share and currently has a dividend yield of 6.54%. APLE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 123.08%. 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 59.26% 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).

Who are Apple Hospitality REIT's major shareholders?

Apple Hospitality REIT's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (3.01%), LSV Asset Management (1.04%), Sound Income Strategies LLC (0.25%), Congress Asset Management Co. MA (0.16%), Meritage Portfolio Management (0.14%) and Dakota Wealth Management (0.12%). 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, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:APLE) was last updated on 5/7/2024 by MarketBeat.com Staff

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