Apple Hospitality REIT, Inc. (APLE)

NYSE: APLE · IEX Real-Time Price · USD
14.44
-0.23 (-1.57%)
At close: Jun 14, 2024, 4:01 PM
14.82
+0.38 (2.63%)
After-hours: Jun 14, 2024, 7:56 PM EDT
-1.57%
Market Cap 3.50B
Revenue (ttm) 1.36B
Net Income (ttm) 198.62M
Shares Out 242.35M
EPS (ttm) 0.86
PE Ratio 16.79
Forward PE 16.66
Dividend $0.96 (6.65%)
Ex-Dividend Date May 31, 2024
Volume 1,550,608
Open 14.57
Previous Close 14.67
Day's Range 14.39 - 14.61
52-Week Range 13.96 - 17.90
Beta 1.11
Analysts Buy
Price Target 18.40 (+27.42%)
Earnings Date Aug 5, 2024

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 223 hotels with more than 29,400 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 99 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-bran... [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, 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%.

Financial Statements

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 27.42% from the latest price.

Price Target
$18.4
(27.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Apple Hospitality REIT Recognizes Top Performers with Apple Awards

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Recognizes Top Performers with Apple Awards.

1 day ago - Business Wire

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

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

14 days ago - Business Wire

Apple Hospitality REIT Announces Monthly Distribution

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

25 days ago - Business Wire

Apple Hospitality REIT Reports Results of Operations for First Quarter 2024

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

5 weeks ago - Business Wire

How To Earn 8%+ In Retirement Income Each And Every Month

Monthly dividend stocks baby. Most income investors don't even realize they exist!

Other symbols: AGNCMAINOPFLT
6 weeks ago - Forbes

Apple Hospitality REIT Acquires the AC Hotel by Marriott Washington DC Convention Center

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires the AC Hotel by Marriott Washington DC Convention Center.

2 months ago - Business Wire

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

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

3 months ago - Business Wire

Apple Hospitality REIT Announces Monthly Distribution and Date for 2024 Annual Meeting of Shareholders

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Date for 2024 Annual Meeting of Shareholders.

3 months ago - Business Wire

Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2023

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2023.

4 months ago - Business Wire

Apple Hospitality REIT Acquires the SpringHill Suites by Marriott Las Vegas Convention Center

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires the SpringHill Suites by Marriott Las Vegas Convention Center.

6 months ago - Business Wire

Apple Hospitality REIT Publishes Annual Corporate Responsibility Report

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

6 months ago - Business Wire

Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.

6 months ago - Business Wire

Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2023

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2023.

6 months ago - Business Wire

Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City.

Other symbols: HLT
7 months ago - Business Wire

Apple Hospitality REIT Reports Results of Operations for Third Quarter 2023

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

7 months ago - Business Wire

Apple Hospitality REIT Completes Acquisition of Residence Inn by Marriott Seattle South/Renton

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Completes Acquisition of Residence Inn by Marriott Seattle South/Renton.

8 months ago - Business Wire

Apple Hospitality REIT Acquires Courtyard by Marriott and Hyatt House in Downtown Salt Lake City and Announces Two Additional Hotels Under Contract for Purchase

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires Courtyard and Hyatt House in Downtown Salt Lake City and Announces Two Additional Hotels Under Contract for Purchase.

Other symbols: HMAR
8 months ago - Business Wire

5 Dividend Growth Stocks To Watch This Quarter

The safest dividend is usually the one that was just raised. Recession or no landing, bull or bear, these payers don't care.

Other symbols: COKEMAROCSVC
8 months ago - Forbes

Apple Hospitality REIT Announces Dates for Third Quarter 2023 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Third Quarter 2023 Earnings Release and Conference Call.

10 months ago - Business Wire

Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...

Other symbols: AANALLYBXBXMTDEENRFF
10 months ago - PRNewsWire

Apple Hospitality REIT Reports Results of Operations for Second Quarter 2023

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

11 months ago - Business Wire

Apple Hospitality REIT Acquires the Courtyard by Marriott Cleveland University Circle

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires the Courtyard by Marriott Cleveland University Circle.

1 year ago - Business Wire

Apple Hospitality REIT Recognizes Top Performers with 2022 Apple Awards

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Recognizes Top Performers with 2022 Apple Awards.

1 year ago - Business Wire

Apple Hospitality REIT Announces Dates for Second Quarter 2023 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Second Quarter 2023 Earnings Release and Conference Call.

1 year 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 year ago - Business Wire