Apple Hospitality REIT, Inc. (APLE)
| Market Cap | 2.83B |
| Revenue (ttm) | 1.43B |
| Net Income (ttm) | 214.06M |
| Shares Out | 238.86M |
| EPS (ttm) | 0.89 |
| PE Ratio | 13.36 |
| Forward PE | 14.87 |
| Dividend | $1.01 (8.52%) |
| Ex-Dividend Date | Apr 30, 2025 |
| Volume | 2,189,076 |
| Open | 11.85 |
| Previous Close | 11.94 |
| Day's Range | 11.77 - 11.94 |
| 52-Week Range | 10.44 - 16.50 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 17.25 (+45.57%) |
| Earnings Date | May 1, 2025 |
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 220 hotels with approximately 29,700 guest rooms located in 85 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 98 Marriott-branded hotels, 117 Hilton-branded hotels and five Hyatt-branded hotels. [Read more]
Financial Performance
In 2024, Apple Hospitality REIT's revenue was $1.43 billion, an increase of 6.52% compared to the previous year's $1.34 billion. Earnings were $214.06 million, an increase of 20.61%.
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 45.57% from the latest price.
News
Apple Hospitality REIT Announces Monthly Distribution
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution.
My Dividend Stock Portfolio: New All-Time Dividend Record In March - 100 Holdings With 15 Buys
March investments totaled around $1,200, mainly in BDCs like Blue Owl Capital and Ares Capital, boosting annual dividend income by $100. Dividend income hit a new all-time record of $1,404, up 17% Y/Y...
Two High Yielding REITs Going From Bargains To Screaming Buys
REITs have underperformed the market both before and after the tariffs. The valuations are low in this space, and for some players, the entry points have become extremely compelling. I discuss two 9%+...
Cash COWs: 11 High-Yield REITs
Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...
Apple Hospitality REIT Recognizes Top Performers with Apple Awards
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Recognizes Top Performers with Apple Awards.
My Dividend Stock Portfolio: New February Dividend Record - 100 Holdings With 11 Buys
February investments fell below $1,000, mainly in BDCs like Owl Rock Capital and Ares Capital, boosting annual dividend income by $77. Dividend income hit a new February record of $505, up 5% Y/Y driv...
Apple Hospitality REIT Announces Monthly Distribution and Date for 2025 Annual Meeting of Shareholders
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Date for 2025 Annual Meeting of Shareholders.
Apple Hospitality REIT Announces Dates for First Quarter 2025 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for First Quarter 2025 Earnings Release and Conference Call.
Losers Of REIT Earnings Season
In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commerci...
Apple Hospitality REIT: The 6.6% Yield Makes The Stock Attractive
Apple Hospitality REIT boasts a strong balance sheet with an LTV ratio under 33% and a secure 6.6% dividend yield. 2024 results show robust FFO and MFFO growth, with limited interest expenses due to a...
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least ...
Apple Hospitality REIT, Inc. (APLE) Q4 2024 Earnings Call Transcript
Apple Hospitality REIT, Inc. (APLE) Q4 2024 Earnings Call Transcript
Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2024
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2024.
My Dividend Stock Portfolio: New January Dividend Record - 100 Holdings With 14 Buys
January saw solid investment activity with $1,500 in net capital added, primarily into Business Development Companies like Owl Rock Capital, Goldman Sachs BDC, and Blackstone Secured Lending Fund. Div...
Mom's All-Weather REIT Portfolio
I created a diversified REIT portfolio for my mom, aiming for consistent income and optimized total returns, with an average dividend yield of 4.9%. Key REITs include Invitation Homes, Apple Hospitali...
5 Monthly-Paying REITs To Sleep Well At Night
This month's Mailbox Money report highlights five top monthly paying REITs, including new addition Healthpeak, with an average yield of 5.3% and an 18% annualized return forecast. Realty Income, STAG ...
Bluer Skies: 2 Strong REIT Buys
Investors expect interest rates to remain stable or decline, benefiting REITs by lowering their cost of capital and making dividends more competitive. The Vanguard Real Estate ETF shows a bullish patt...
My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys
In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.
Is The Thrill Of Victory Worth The Agony Of Defeat?
I learned the importance of risk control and diversification after losing my entire net worth due to poor investment decisions and a failed partnership. Avoid high-risk REITs like Sachem Capital and O...
Apple Hospitality REIT Publishes Annual Corporate Responsibility Report
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Publishes Annual Corporate Responsibility Report.
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.
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.
My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys
In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven ...
Cash COWs And Buried Treasures: 2024 Performance Review
About a year ago, I published two proposed portfolios: Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). T...