Apple Hospitality REIT, Inc. (APLE)

NYSE: APLE · Real-Time Price · USD
15.27
+0.23 (1.53%)
Jan 21, 2025, 4:00 PM EST - Market closed
1.53%
Market Cap 3.66B
Revenue (ttm) 1.41B
Net Income (ttm) 205.01M
Shares Out 239.93M
EPS (ttm) 0.86
PE Ratio 17.78
Forward PE 18.47
Dividend $1.01 (6.61%)
Ex-Dividend Date Dec 31, 2024
Volume 1,267,008
Open 15.15
Previous Close 15.04
Day's Range 15.11 - 15.30
52-Week Range 13.60 - 16.99
Beta 1.15
Analysts Buy
Price Target 17.00 (+11.33%)
Earnings Date Feb 24, 2025

About APLE

Apple Hospitality REIT, Inc., formed in November 2007 as a Virginia corporation, together with its wholly-owned subsidiaries (the “Company”), is a self-advised real estate investment trust (“REIT”) that invests in income-producing real estate, primarily in the lodging sector, in the United States (“U.S.”). The Company’s fiscal year end is December 31. The Company has no foreign operations or assets, and its operating structure includes only one reportable segment. Although the Company has interests in potential variable interest entities throug... [Read more]

Sector Real Estate
IPO Date May 18, 2015
Employees 63
Stock Exchange NYSE
Ticker Symbol APLE
Full Company Profile

Financial Performance

In 2023, Apple Hospitality REIT's revenue was $1.34 billion, an increase of 8.51% compared to the previous year's $1.24 billion. Earnings were $177.49 million, an increase of 22.57%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for APLE stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 11.33% from the latest price.

Price Target
$17.0
(11.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Apple Hospitality REIT Announces Monthly Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution.

4 days ago - Business Wire

My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys

In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.

6 days ago - Seeking Alpha

Is The Thrill Of Victory Worth The Agony Of Defeat?

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16 days ago - Seeking Alpha

Apple Hospitality REIT Publishes Annual Corporate Responsibility Report

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Publishes Annual Corporate Responsibility Report.

4 weeks ago - Business Wire

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.

4 weeks ago - Business Wire

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.

4 weeks ago - Business Wire

My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys

In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven ...

4 weeks ago - Seeking Alpha

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5 weeks ago - Seeking Alpha

Apple Hospitality: 6% Yield For This Excellent Hotel REIT

Apple Hospitality is a market leader in upscale hotels, offering significant geographic and brand diversification, ensuring steady dividends and potential capital appreciation. The REIT operates 225 h...

6 weeks ago - Seeking Alpha

Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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6 weeks ago - Benzinga

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...

2 months ago - Seeking Alpha

Apple Hospitality REIT, Inc. (APLE) Q3 2024 Earnings Call Transcript

Apple Hospitality REIT, Inc. (NYSE:APLE) Q4 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Kelly Clarke - VP of IR Justin Knight - CEO Liz Perkins - CFO Conference Ca...

2 months ago - Seeking Alpha

Apple Hospitality REIT Reports Results of Operations for Third Quarter 2024

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Third Quarter 2024.

2 months ago - Business Wire

Apple Hospitality REIT: Navigating Near-Term Volatility With Long-Term Gains In Sight

Apple Hospitality REIT benefits from a diverse portfolio of upscale, room-focused hotels across 87 markets, providing balanced exposure to business and leisure demand. Improving midweek occupancy sign...

2 months ago - Seeking Alpha

My Dividend Stock Portfolio: New September Dividend Record - 100 Holdings With 12 Buys

September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of l...

3 months ago - Seeking Alpha

Hurricane Helene: REIT Property Damage Report

Hurricane Helene caused significant flooding in Ashville, NC, and Atlanta, GA, impacting numerous REIT-owned properties, but the financial impact on REITs is likely less severe than it appears. REITs ...

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4 months ago - Seeking Alpha

Buried Treasures: 11 Dramatically Undervalued REITs

REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and a...

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4 months ago - Seeking Alpha

Apple Hospitality REIT Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Third Quarter 2024 Earnings Release and Conference Call.

5 months ago - Business Wire

My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys

Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks includ...

5 months ago - Seeking Alpha

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Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...

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2 High-Yielding REITs With Upside Potential

The market is expensive, trading at 21x forward EPS, 1.2 standard deviations above its 30-year average. The implied five-year annualized return is expected to be below 5% at current valuations. NewLak...

5 months ago - Seeking Alpha

Apple Hospitality: Growing Cash Flows And 7% Dividend Make This A Buy

Apple Hospitality REIT, Inc. is the only hotel/lodging REIT that I own in my portfolio. The allocation is considerable. While since the publication of my initial thesis back in July 2023, the performa...

5 months ago - Seeking Alpha

52 Maybe Buy And Hold Stocks From August Dogcatcher Research

Screening for mid to large-caps, high (>2%) dividends, attractive or neutral rated, >5yr dividend history, positive cash flow stocks as of 8/12/24 data from YCharts revealed 52 potential buy to hold c...

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5 months ago - Seeking Alpha

Apple Hospitality REIT, Inc. (APLE) Q2 2024 Earnings Call Transcript

Apple Hospitality REIT, Inc. (NYSE:APLE) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Kelly Clarke - VP of IR Justin Knight - CEO Liz Perkins - CFO Conference Call...

6 months ago - Seeking Alpha

Cash Cows: 9 High-Yield REITs With Safe Dividends

High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REI...

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6 months ago - Seeking Alpha