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Apple Hospitality REIT (APLE)
NYSE:APLE
Apple Hospitality REIT (APLE) Stock Price & Analysis
2,050 Followers
APLE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.50 - $17.22
Previous Close$15.3
Volume262.33K
Average Volume (3M)2.29M
Market Cap
$3.71B
Enterprise Value$5.21B
Total Cash (Recent Filing)$10.29M
Total Debt (Recent Filing)$1.51B
Price to Earnings (P/E)17.9
Beta1.03
Next Earnings
Aug 05, 2024EPS Estimate
$0.3Last Dividend Ex-Date
Jun 28, 2024Dividend Yield6.37%
Share Statistics
EPS (TTM)0.85
Shares Outstanding242,346,188
10 Day Avg. Volume2,692,129
30 Day Avg. Volume2,290,840
Standard Deviation0.09
R-Squared0.42
Alpha-0.00748
Financial Highlights & Ratios
Price to Book (P/B)1.06
Price to Sales (P/S)2.63
Price to Cash Flow (P/CF)16.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.88
Enterprise Value/Gross Profit10.77
Enterprise Value/Ebitda12.56
Forecast
1Y Price Target
$17.50Price Target Upside14.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Apple Hospitality REIT News
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 Stats
PremiumCompany Announcements
Apple Hospitality REIT’s Annual Meeting Outcomes and Share Buyback Extension
PremiumCompany Announcements
Apple Hospitality REIT Updates Investor Presentation for April 2024Bulls Say, Bears Say
Bulls Say
GuidanceManagement raised its '24 EBITDA guide due to the contribution from its recently acquired hotel, slightly better than expectations.
Positive EarningsApple's earnings topped Baird/Street forecasts, with lower hotel operating expenses contributing positively.
Revenue GrowthApril RevPAR growth exceeded 4.0%, showing a significant improvement from March's -2.4% RevPAR.
Bears Say
Earnings GrowthEarly demand recovery post pandemic and greater exposure to business transient/less group vs. peers, along with elevated expense growth, should limit its same-property earnings growth this year.
Financial PerformanceHotel EBITDA margins of 33.7% were down 160bps, comparable.
Legal IssuesApple has terminated the lease for failure to make timely lease payments and has commenced legal proceedings to remove the tenant (LuxUrban).
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Ownership Overview
15.32% Insiders
38.35% Mutual Funds
30.11% Other Institutional Investors
16.23% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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APLE FAQ
What was Apple Hospitality REIT’s price range in the past 12 months?
Apple Hospitality REIT lowest stock price was $13.50 and its highest was $17.21 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 Aug 05, 2024 which is in 18 days.
How were Apple Hospitality REIT’s earnings last quarter?
Apple Hospitality REIT released its earnings results on May 06, 2024. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.148 by $0.072.
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 6.37%. See more information on Apple Hospitality REIT dividends here
What is Apple Hospitality REIT’s EPS estimate?
Apple Hospitality REIT’s EPS estimate is $0.3.
How many shares outstanding does Apple Hospitality REIT have?
Apple Hospitality REIT has 242,346,190 shares outstanding.
What happened to Apple Hospitality REIT’s price movement after its last earnings report?
Apple Hospitality REIT reported an EPS of $0.22 in its last earnings report, beating expectations of $0.148. Following the earnings report the stock price went up 0.41%.
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 7M.
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Apple Hospitality REIT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.50 (14.30% Upside)
$17.50 (14.30% Upside)
Blogger Sentiment
Bullish
APLE Sentiment 81%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 35.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $96.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.42%
12-Months-Change
Fundamentals
Return on Equity
6.12%
Trailing 12-Months
Asset Growth
5.70%
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.
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APLE Earnings Call
Q1 2024
0:00 / 0:00
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APLE Stock 12 Month Forecast
Average Price Target
$17.50
▲(14.30% Upside)
Technical Analysis
Best Analysts Covering APLE
1 Year
1 Year Success Rate
19/26 ratings generated profit
1 Year Average Return
+8.17%
reiterated a buy rating 2 months ago
Copying Michael Bellisario's trades and holding each position for 1 Year would result in 73.08% of your transactions generating a profit, with an average return of +8.17% per trade.
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