Apple Hospitality REIT, Inc. (APLE)
NYSE: APLE · Real-Time Price · USD
15.37
-0.07 (-0.45%)
At close: Nov 20, 2024, 4:00 PM
15.38
+0.01 (0.07%)
Pre-market: Nov 21, 2024, 4:00 AM EST
Apple Hospitality REIT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for APLE stock have an average target of 17, with a low estimate of 15 and a high estimate of 18. The average target predicts an increase of 10.61% from the current stock price of 15.37.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for APLE stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Reiterates $17 → $18 | Buy | Reiterates | $17 → $18 | +17.11% | Nov 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $17 | Buy | Reiterates | $17 | +10.61% | Oct 4, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | -2.41% | Sep 13, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $19 → $17 | Buy | Maintains | $19 → $17 | +10.61% | Aug 12, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $19 → $18 | Strong Buy → Hold | Downgrades | $19 → $18 | +17.11% | Jan 8, 2024 |
Financial Forecast
Revenue This Year
1.46B
Revenue Next Year
1.49B
from 1.46B
Increased by 2.68%
EPS This Year
0.91
from 0.77
Increased by 17.03%
EPS Next Year
0.86
from 0.91
Decreased by -4.73%
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% | 7.0% |
| Avg | - | 2.7% | 2.5% |
| Low | - | -2.8% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.97 | 0.95 | 1.01 |
| Avg | 0.91 | 0.86 | 0.97 |
| Low | 0.84 | 0.76 | 0.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.8% | 4.3% | 16.8% |
| Avg | 17.0% | -4.7% | 12.3% |
| Low | 8.9% | -15.6% | 6.8% |
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.