Apple Hospitality REIT, Inc. (APLE)

Market Cap	3.46B
Revenue (ttm)	1.36B
Net Income (ttm)	198.62M
Shares Out	242.35M
EPS (ttm)	0.86
PE Ratio	16.60
Forward PE	16.47
Dividend	$0.96 (6.72%)
Ex-Dividend Date	Jun 28, 2024

Volume	1,160,539
Open	14.28
Previous Close	14.28
Day's Range	14.22 - 14.33
52-Week Range	13.96 - 17.90
Beta	1.11
Analysts	Buy
Price Target	18.40 (+28.85%)
Earnings Date	Aug 5, 2024

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...

• Industry: REIT - Hotel & Motel
• Sector: Real Estate
• IPO Date: May 18, 2015
• Employees: 63
• Stock Exchange: NYSE
• Ticker Symbol: APLE

Financial Performance

In 2023, APLE'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%.

Analyst Forecast

According to 6 analysts, the average rating for APLE stock is "Buy." The 12-month stock price forecast is $18.4, which is an increase of 28.85% from the latest price.

Price Target

$18.4

(28.85% upside)

Analyst Consensus: Buy