Apple Hospitality REIT, Inc. (APLE)

Market Cap	3.75B
Revenue (ttm)	1.41B
Net Income (ttm)	205.01M
Shares Out	239.93M
EPS (ttm)	0.86
PE Ratio	18.18
Forward PE	18.79
Dividend	$0.96 (6.15%)
Ex-Dividend Date	Nov 29, 2024

Volume	1,125,984
Open	15.16
Previous Close	15.34
Day's Range	15.16 - 15.76
52-Week Range	13.60 - 17.30
Beta	1.15
Analysts	Buy
Price Target	17.25 (+10.51%)
Earnings Date	Nov 4, 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
• Website: https://www.applehospitalityreit.com

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%.

Analyst 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 10.51% from the latest price.

Price Target

$17.25

(10.51% upside)

Analyst Consensus: Buy