Apple Hospitality REIT, Inc. (APLE)
NYSE: APLE · IEX Real-Time Price · USD
14.93
+0.07 (0.47%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Apple Hospitality REIT Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for APLE stock have an average target of 18, which predicts an increase of 20.56% from the current stock price of 14.93.
Analyst Consensus: Buy
* Price targets were last updated on Jan 8, 2024.
Analyst Ratings
The average analyst rating for APLE stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 1 |
Hold | 4 | 4 | 4 | 4 | 4 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 7 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $19 → $18 | Strong Buy → Hold | Downgrades | $19 → $18 | +20.56% | Jan 8, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | +20.56% | Dec 22, 2023 |
Wells Fargo | Wells Fargo | Buy → Hold Downgrades $17 | Buy → Hold | Downgrades | $17 | +13.86% | Dec 8, 2023 |
Wells Fargo | Wells Fargo | Buy Maintains $17 → $18 | Buy | Maintains | $17 → $18 | +20.56% | Nov 13, 2023 |
Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 28, 2023 |
Financial Forecast
Revenue This Year
1.47B
from 1.34B
Increased by 9.47%
Revenue Next Year
1.50B
from 1.47B
Increased by 2.04%
EPS This Year
0.94
from 0.77
Increased by 22.20%
EPS Next Year
0.91
from 0.94
Decreased by -3.79%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.6B | 1.6B | 1.6B |
Avg | 1.5B | 1.5B | 1.6B |
Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 15.6% | 6.5% | 7.5% |
Avg | 9.5% | 2.0% | 3.4% |
Low | 4.0% | -3.1% | -2.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 0.99 | 0.98 | 1.01 |
Avg | 0.94 | 0.91 | 0.98 |
Low | 0.88 | 0.78 | 0.94 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 28.2% | 3.8% | 11.4% |
Avg | 22.2% | -3.8% | 8.2% |
Low | 14.5% | -16.7% | 3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.