Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Apple Hospitality REIT (APLE)
NYSE:APLE
Apple Hospitality REIT (APLE) Stock Price & Analysis
1,990 Followers
APLE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.32 - $17.41
Previous Close$14.84
Volume3.10M
Average Volume (3M)1.88M
Market Cap
$3.60B
Enterprise Value$5.07B
Total Cash (Recent Filing)$35.37M
Total Debt (Recent Filing)$1.51B
Price to Earnings (P/E)17.4
Beta1.05
Next Earnings
Aug 05, 2024EPS Estimate
$0.3Last Dividend Ex-Date
Apr 29, 2024Dividend Yield6.46%
Share Statistics
EPS (TTM)0.85
Shares Outstanding242,346,188
10 Day Avg. Volume2,048,027
30 Day Avg. Volume1,876,857
Standard Deviation0.09
R-Squared0.43
Alpha-0.00594
Financial Highlights & Ratios
Price to Book (P/B)1.07
Price to Sales (P/S)2.91
Price to Cash Flow (P/CF)9.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.81
Enterprise Value/Gross Profit9.61
Enterprise Value/Ebitda15.37
Forecast
1Y Price Target
$18.00Price Target Upside21.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Apple Hospitality REIT News
PremiumCompany Announcements
Apple Hospitality REIT Updates Investor Presentation for April 2024
PremiumCompany Announcements
Apple Hospitality REIT Unveils Updated Investor Presentation
PremiumCompany Announcements
Apple Hospitality REIT Acquires New Marriott in D.C.PremiumCompany Announcements
Apple Hospitality REIT Unveils New Investor Presentation Data
PremiumCompany Announcements
Apple Hospitality REIT Launches $500M ATM Equity Offering Program
PremiumCompany Announcements
Apple Hospitality REIT Issues Updated Tax GuidanceBulls Say, Bears Say
Bulls Say
Financial PerformanceAPLE's adjusted EBITDA slightly exceeded expectations, showcasing the company's stable financial performance.
Growth PotentialManagement's upward revision of its EBITDA guidance reflects the company's growth potential following a strategic acquisition.
Operational EfficiencyApple's earnings surpassed forecasts due to lower operating expenses, highlighting the company's improved operational efficiency.
Bears Say
Earnings Growth ConcernElevated expense growth should limit its same-property earnings growth this year.
Financial RisksRisks include potential unexpected demand shocks and hotel operating expense pressures.
Profitability ChallengesHotel EBITDA margins decreased by 160 basis points, suggesting some challenges in profitability.
---
Ownership Overview
15.28% Insiders
34.60% Mutual Funds
32.12% Other Institutional Investors
18.00% 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.
---
APLE FAQ
What was Apple Hospitality REIT’s price range in the past 12 months?
Apple Hospitality REIT lowest stock price was $13.32 and its highest was $17.41 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 86 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 6.46%. 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 0.405%.
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.
---
Apple Hospitality REIT Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$18.00 (21.29% Upside)
$18.00 (21.29% Upside)
Blogger Sentiment
Bullish
APLE Sentiment 91%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 77.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $16.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.53%
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.
---
APLE Earnings Call
Q1 2024
0:00 / 0:00
---
APLE Stock 12 Month Forecast
Average Price Target
$18.00
▲(21.29% Upside)
Technical Analysis
Best Analysts Covering APLE
1 Year
1 Year Success Rate
19/26 ratings generated profit
1 Year Average Return
+7.52%
reiterated a buy rating 6 days 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 +7.52% per trade.
---