Apple Hospitality REIT, Inc. (APLE)
| Market Cap | 2.77B |
| Revenue (ttm) | 1.43B |
| Net Income (ttm) | 214.06M |
| Shares Out | 239.77M |
| EPS (ttm) | 0.89 |
| PE Ratio | 13.01 |
| Forward PE | 14.43 |
| Dividend | $1.01 (8.75%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 1,008,987 |
| Open | 11.46 |
| Previous Close | 11.50 |
| Day's Range | 11.44 - 11.66 |
| 52-Week Range | 10.44 - 16.50 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 17.25 (+49.35%) |
| Earnings Date | May 1, 2025 |
About 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 220 hotels with approximately 29,700 guest rooms located in 85 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 98 Marriott-branded hotels, 117 Hilton-branded hotels and five Hyatt-branded hotels. [Read more]
Financial Performance
In 2024, Apple Hospitality REIT's revenue was $1.43 billion, an increase of 6.52% compared to the previous year's $1.34 billion. Earnings were $214.06 million, an increase of 20.61%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for APLE stock is "Buy." The 12-month stock price forecast is $17.25, which is an increase of 49.35% from the latest price.
News
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RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Recognizes Top Performers with Apple Awards.
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Apple Hospitality REIT Announces Monthly Distribution and Date for 2025 Annual Meeting of Shareholders
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Date for 2025 Annual Meeting of Shareholders.
Apple Hospitality REIT Announces Dates for First Quarter 2025 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for First Quarter 2025 Earnings Release and Conference Call.
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Apple Hospitality REIT, Inc. (APLE) Q4 2024 Earnings Call Transcript
Apple Hospitality REIT, Inc. (APLE) Q4 2024 Earnings Call Transcript
Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2024
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2024.
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Apple Hospitality REIT Announces Monthly Distribution
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution.
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Apple Hospitality REIT Publishes Annual Corporate Responsibility Report
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Publishes Annual Corporate Responsibility Report.
Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2024
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2024.
Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call.
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Apple Hospitality: My Top REIT For Income With Attractive Yield
The US economy's strong performance and GDP growth suggest a positive outlook for REITs, presenting a good opportunity to invest in Apple Hospitality REIT for its 6.9% yield. APLE's portfolio of selec...