Apple Hospitality REIT, Inc. (APLE)
NYSE: APLE · Real-Time Price · USD
15.61
+0.27 (1.76%)
Dec 20, 2024, 4:00 PM EST - 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 17.25, with a low estimate of 15 and a high estimate of 18. The average target predicts an increase of 10.51% from the current stock price of 15.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for APLE stock from 4 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 1 | 1 | 1 | 1 | 2 |
| Hold | 4 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 4 | 4 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Initiates $18 | Buy | Initiates | $18 | +15.31% | Dec 9, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $17 → $18 | Buy | Reiterates | $17 → $18 | +15.31% | Nov 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $17 | Buy | Reiterates | $17 | +8.90% | Oct 4, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | -3.91% | Sep 13, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $19 → $17 | Buy | Maintains | $19 → $17 | +8.90% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
1.45B
Revenue Next Year
1.49B
from 1.45B
Increased by 2.20%
EPS This Year
0.88
from 0.77
Increased by 14.00%
EPS Next Year
0.86
from 0.88
Decreased by -2.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.5B | 1.6B |
| Avg | 1.5B | 1.5B | 1.5B |
| Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 6.3% | 7.2% |
| Avg | - | 2.2% | 2.6% |
| Low | - | -2.8% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.92 | 0.93 | 1.01 |
| Avg | 0.88 | 0.86 | 0.93 |
| Low | 0.83 | 0.77 | 0.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.4% | 5.9% | 16.7% |
| Avg | 14.0% | -2.1% | 7.5% |
| Low | 7.6% | -12.3% | -5.8% |
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.