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. [Read more]
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 StatementsAnalyst 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.
News

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

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.

Apple Hospitality REIT Announces Dates for First Quarter 2023 Earnings Release and Conference Call
RICHMOND, Va.

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...

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...

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...

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...

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...

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...

Apple Hospitality REIT Reports Results of Operations for Third Quarter 2022
RICHMOND, Va.

Apple Hospitality REIT Acquires the AC Hotel by Marriott Louisville Downtown and the AC Hotel by Marriott Pittsburgh Downtown
RICHMOND, Va.

Apple Hospitality REIT Announces Increase in Monthly Distribution Beginning with November 2022 Distribution
RICHMOND, Va.

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

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

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

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

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

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

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

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

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

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

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

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

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