Apple Hospitality REIT (APLE) Stock Price, News & Analysis

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple Hospitality REIT in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" APLE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APLE, but not buy additional shares or sell existing shares.
View APLE analyst ratings or view top-rated stocks.

6 equities research analysts have issued 12-month target prices for Apple Hospitality REIT's shares. Their APLE share price targets range from $17.00 to $20.00. On average, they expect the company's share price to reach $18.17 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price.
View analysts price targets for APLE or view top-rated stocks among Wall Street analysts.

Apple Hospitality REIT's stock was trading at $16.61 at the beginning of 2024. Since then, APLE stock has decreased by 3.0% and is now trading at $16.12.
View the best growth stocks for 2024 here.

Apple Hospitality REIT saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 13,540,000 shares, a decline of 11.0% from the December 15th total of 15,210,000 shares. Based on an average daily volume of 2,490,000 shares, the short-interest ratio is presently 5.4 days. Currently, 6.3% of the shares of the stock are short sold.
View Apple Hospitality REIT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our APLE earnings forecast.

Apple Hospitality REIT will be holding an earnings conference call on Friday, February 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13743323".

Apple Hospitality REIT, Inc. (NYSE:APLE) issued its earnings results on Thursday, August, 4th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.16. Apple Hospitality REIT had a net margin of 11.95% and a trailing twelve-month return on equity of 5.02%. During the same period last year, the company posted $0.30 earnings per share.

Apple Hospitality REIT announced a monthly dividend on Friday, January 19th. Investors of record on Wednesday, January 31st will be given a dividend of $0.08 per share on Thursday, February 15th. This represents a $0.96 dividend on an annualized basis and a yield of 5.96%. The ex-dividend date of this dividend is Tuesday, January 30th.
Read our dividend analysis for APLE.

Apple Hospitality REIT (NYSE:APLE) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.96%. APLE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 137.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, APLE will have a dividend payout ratio of 58.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APLE.

ETFs with the largest weight of Apple Hospitality REIT (NYSE:APLE) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), Kelly Hotel & Lodging Sector ETF (HOTL), Nuveen Short-Term REIT ETF (NURE), Harbor Corporate Culture Small Cap ETF (HAPS), Hoya Capital High Dividend Yield ETF (RIET) and Cambria Global Real Estate ETF (BLDG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Apple Hospitality REIT investors own include AT&T (T), Realty Income (O), Altria Group (MO), Johnson & Johnson (JNJ), Bank of America (BAC), Coca-Cola (KO), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV) and Main Street Capital (MAIN).

Apple Hospitality REIT's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (3.08%), Victory Capital Management Inc. (2.29%), Charles Schwab Investment Management Inc. (1.80%), Dimensional Fund Advisors LP (1.33%), LSV Asset Management (1.21%) and Norges Bank (0.95%). Insiders that own company stock include Elizabeth Perkins, Glade M Knight, Glade M Knight, Howard E Woolley, Jeanette Clarke, Justin G Knight, Kristian M Gathright, Kristian M Gathright, Matthew Rash, Rachel Labrecque and Redd Hugh.
View institutional ownership trends.

Shares of APLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.