Apple Hospitality REIT, Inc. (APLE)

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.

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

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%.

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