Apple Hospitality REIT, Inc. (APLE)

NYSE: APLE · IEX Real-Time Price · USD
15.34
-0.03 (-0.23%)
Jun 5, 2023, 12:25 PM EDT - Market open
-0.23%
Market Cap 3.51B
Revenue (ttm) 1.29B
Net Income (ttm) 159.73M
Shares Out 229.01M
EPS (ttm) 0.70
PE Ratio 21.96
Forward PE 18.90
Dividend $0.80 (5.22%)
Ex-Dividend Date May 30, 2023
Volume 478,990
Open 15.28
Previous Close 15.37
Day's Range 15.27 - 15.54
52-Week Range 13.66 - 18.22
Beta 1.19
Analysts Buy
Price Target 18.00 (+17.38%)
Earnings Date May 2, 2023

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 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Concentrated with industry-leading brands, the Company's portfolio consists of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels. [Read more]

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

Financial Performance

In 2022, APLE's revenue was $1.24 billion, an increase of 32.61% compared to the previous year's $933.87 million. Earnings were $144.81 million, an increase of 669.09%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for APLE stock is "Buy." The 12-month stock price forecast is $18.0, which is an increase of 17.38% from the latest price.

Price Target
$18.0
(17.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Apple Hospitality REIT Announces Monthly Distribution

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

2 weeks ago - Business Wire

Apple Hospitality REIT Reports Results of Operations for First Quarter 2023

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for First Quarter 2023.

1 month ago - Business Wire
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Apple Hospitality REIT Appoints Carolyn Handlon to Board of Directors and Announces Date for 2023 Annual Meeting of Shareholders

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (“Apple Hospitality” or the “Company”) today announced the appointment of Carolyn Handlon to its Board of Directors (the “Boar...

3 months ago - Business Wire

Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2022

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced results of operations for the Fourth Quarter and Full Year ended Decemb...

3 months ago - Business Wire

Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report fourth quarter and full year 2022 financial r...

5 months ago - Business Wire

Apple Hospitality REIT Publishes Inaugural Corporate Responsibility Report

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today published its inaugural Corporate Responsibility Report, which details the Comp...

5 months ago - Business Wire

Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2022

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribut...

5 months ago - Business Wire
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Apple Hospitality REIT Announces December 2022 Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribut...

7 months ago - Business Wire

Apple Hospitality REIT Announces October 2022 Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces October 2022 Distribution

9 months ago - Business Wire
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Apple Hospitality REIT Announces Dates for Third Quarter 2022 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Third Quarter 2022 Earnings Release and Conference Call

9 months ago - Business Wire

Apple Hospitality REIT Announces Increase in Monthly Distribution Beginning with September 2022 Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Increase in Monthly Distribution Beginning with September 2022 Distribution

10 months ago - Business Wire

Apple Hospitality REIT Reports Results of Operations for Second Quarter 2022

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Second Quarter 2022

10 months ago - Business Wire

Apple Hospitality REIT Successfully Upsizes and Extends Primary Unsecured Credit Facility, Enhancing Balance Sheet Strength and Flexibility

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Successfully Upsizes and Extends Primary Unsecured Credit Facility, Enhancing Balance Sheet Strength and Flexibility

11 months ago - Business Wire

Apple Hospitality REIT Announces August 2022 Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces August 2022 Distribution

11 months ago - Business Wire

Apple Hospitality REIT Announces July 2022 Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces July 2022 Distribution

1 year ago - Business Wire

Apple Hospitality REIT Recognizes Hotel Associates with 2021 Apple Awards

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Recognizes Hotel Associates with 2021 Apple Awards

1 year ago - Business Wire

Apple Hospitality REIT Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

1 year ago - Business Wire

Apple Hospitality REIT Announces June 2022 Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces June 2022 Distribution

1 year ago - Business Wire

Apple Hospitality REIT Reports Results of Operations for First Quarter 2022

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for First Quarter 2022

1 year ago - Business Wire

Apple Hospitality REIT Announces May 2022 Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces May 2022 Distribution

1 year ago - Business Wire

Apple Hospitality REIT Announces Dates for First Quarter 2022 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for First Quarter 2022 Earnings Release and Conference Call

1 year ago - Business Wire