Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Apple Hospitality REIT (APLE)
NYSE:APLE
Holding APLE?
Track your performance easily
APLE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.60 - $17.90
Previous Close$13.96
Volume3.16M
Average Volume (3M)2.25M
Market Cap
$3.35B
Enterprise Value$4.96B
Total Cash (Recent Filing)$7.22M
Total Debt (Recent Filing)$1.61B
Price to Earnings (P/E)15.9
Beta0.95
Next Earnings
Nov 04, 2024EPS Estimate
$0.25Last Dividend Ex-Date
Aug 30, 2024Dividend Yield6.89%
Share Statistics
EPS (TTM)0.87
Shares Outstanding240,743,033
10 Day Avg. Volume1,959,340
30 Day Avg. Volume2,248,943
Standard Deviation0.09
R-Squared0.43
Alpha-0.00838
Financial Highlights & Ratios
Price to Book (P/B)1.01
Price to Sales (P/S)2.41
Price to Cash Flow (P/CF)6.60
P/FCF Ratio15.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.49
Enterprise Value/Gross Profit10.25
Enterprise Value/Ebitda10.40
Forecast
1Y Price Target
$16.75Price Target Upside19.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Apple Hospitality REIT News
PremiumPre-Earnings
Is APLE a Buy, Before Earnings?
PremiumCompany Announcements
Apple Hospitality REIT Shares Latest Operating Statistics
PremiumCompany Announcements
Apple Hospitality REIT Adjusts Portfolio with Key Acquisitions and Sales
PremiumCompany Announcements
Apple Hospitality REIT Shares May 2024 Operating StatsBulls Say, Bears Say
Bulls Say
Expense ManagementA favorable insurance renewal and a continued deceleration in overall expense growth are expected to improve margins.
Financial PerformanceManagement raised its '24 EBITDA guide by the contribution of its recently acquired hotel, which was slightly better than expectation.
Stock BuybacksManagement is expected to remain active with buybacks at the current stock price.
Bears Say
Demand RecoveryEarly demand recovery post pandemic and greater exposure to business transient along with elevated expense growth should limit its same-property earnings growth this year.
MarginsHotel EBITDA margins of 33.7% were down, comparable.
OutlookThe 2H24 outlook is being reduced to reflect slower growth top-line trends.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
APLE FAQ
What was Apple Hospitality REIT’s price range in the past 12 months?
Apple Hospitality REIT lowest stock price was $13.60 and its highest was $17.90 in the past 12 months.
What is Apple Hospitality REIT’s market cap?
Currently, no data Available
When is Apple Hospitality REIT’s upcoming earnings report date?
Apple Hospitality REIT’s upcoming earnings report date is Nov 04, 2024 which is in 58 days.
How were Apple Hospitality REIT’s earnings last quarter?
Apple Hospitality REIT released its earnings results on Aug 05, 2024. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.302 by $0.008.
Is Apple Hospitality REIT overvalued?
According to Wall Street analysts Apple Hospitality REIT’s price is currently Undervalued.
Does Apple Hospitality REIT pay dividends?
Apple Hospitality REIT pays a Monthly dividend of $0.08 which represents an annual dividend yield of 6.89%. See more information on Apple Hospitality REIT dividends here
What is Apple Hospitality REIT’s EPS estimate?
Apple Hospitality REIT’s EPS estimate is $0.25.
How many shares outstanding does Apple Hospitality REIT have?
Apple Hospitality REIT has 240,743,030 shares outstanding.
What happened to Apple Hospitality REIT’s price movement after its last earnings report?
Apple Hospitality REIT reported an EPS of $0.31 in its last earnings report, beating expectations of $0.302. Following the earnings report the stock price went up 0.504%.
Which hedge fund is a major shareholder of Apple Hospitality REIT?
Among the largest hedge funds holding Apple Hospitality REIT’s share is Blackstone Inc.. It holds Apple Hospitality REIT’s shares valued at 6M.
---
Apple Hospitality REIT Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$16.75 (19.99% Upside)
$16.75 (19.99% Upside)
Blogger Sentiment
Bullish
APLE Sentiment 83%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 93.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $84.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.85%
12-Months-Change
Fundamentals
Return on Equity
6.38%
Trailing 12-Months
Asset Growth
6.46%
Trailing 12-Months
Company Description
Apple Hospitality REIT
Apple Hospitality REIT, Inc. is a self-advised real estate investment trust company, which invests in income-producing real estate, primarily in the lodging sector. It owns hotels located in urban, high-end suburban, and developing markets throughout states, which operates under Marriott, Hilton, or Hyatt brands. The company was founded by Glade M. Knight on November 8, 2007 and is headquartered in Richmond, VA.
---
APLE Earnings Call
Q2 2024
0:00 / 0:00
---
APLE Stock 12 Month Forecast
Average Price Target
$16.75
▲(19.99% Upside)
Technical Analysis
Best Analysts Covering APLE
1 Year
1 Year Success Rate
19/27 ratings generated profit
1 Year Average Return
+6.56%
reiterated a buy rating last month
Copying Michael Bellisario's trades and holding each position for 1 Year would result in 70.37% of your transactions generating a profit, with an average return of +6.56% per trade.
---