Apple Hospitality REIT, Inc. (APLE)
Market Cap | 3.54B |
Revenue (ttm) | 1.41B |
Net Income (ttm) | 205.01M |
Shares Out | 239.93M |
EPS (ttm) | 0.86 |
PE Ratio | 17.19 |
Forward PE | 18.00 |
Dividend | $1.01 (6.84%) |
Ex-Dividend Date | Feb 28, 2025 |
Volume | 2,325,015 |
Open | 15.43 |
Previous Close | 15.27 |
Day's Range | 14.71 - 15.43 |
52-Week Range | 13.60 - 16.99 |
Beta | 1.14 |
Analysts | Buy |
Price Target | 17.25 (+16.87%) |
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]
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 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 16.87% from the latest price.
News
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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.
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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.
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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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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...
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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...
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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.
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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.
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