Apple Hospitality REIT, Inc. (APLE)
| Market Cap | 3.80B |
| Revenue (ttm) | 1.33B |
| Net Income (ttm) | 159.04M |
| Shares Out | 228.81M |
| EPS (ttm) | 0.70 |
| PE Ratio | 23.73 |
| Forward PE | 19.66 |
| Dividend | $0.88 (5.29%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 1,996,205 |
| Open | 16.82 |
| Previous Close | 16.86 |
| Day's Range | 16.60 - 16.89 |
| 52-Week Range | 13.66 - 18.22 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 18.20 (+9.57%) |
| Earnings Date | Feb 22, 2024 |
About APLE
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust ("REIT") that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 223 hotels with more than 29,400 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 99 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-bran... [Read more]
Financial Performance
In 2022, APLE's revenue was $1.24 billion, an increase of 32.61% compared to the previous year's $933.87 million. Earnings were $144.81 million, an increase of 669.09%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for APLE stock is "Buy." The 12-month stock price forecast is $18.2, which is an increase of 9.57% from the latest price.
News
Apple Hospitality REIT Acquires the SpringHill Suites by Marriott Las Vegas Convention Center
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires the SpringHill Suites by Marriott Las Vegas Convention Center.
Apple Hospitality REIT Publishes Annual Corporate Responsibility Report
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Publishes Annual Corporate Responsibility Report.
Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.
Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2023
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2023.
Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City.
Apple Hospitality REIT Announces Monthly Distribution
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution.
Apple Hospitality REIT Reports Results of Operations for Third Quarter 2023
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Third Quarter 2023.
Apple Hospitality REIT Completes Acquisition of Residence Inn by Marriott Seattle South/Renton
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Completes Acquisition of Residence Inn by Marriott Seattle South/Renton.
Apple Hospitality REIT Acquires Courtyard by Marriott and Hyatt House in Downtown Salt Lake City and Announces Two Additional Hotels Under Contract for Purchase
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires Courtyard and Hyatt House in Downtown Salt Lake City and Announces Two Additional Hotels Under Contract for Purchase.
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Apple Hospitality REIT Announces Dates for Third Quarter 2023 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Third Quarter 2023 Earnings Release and Conference Call.
Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...
Apple Hospitality REIT Reports Results of Operations for Second Quarter 2023
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for Second Quarter 2023.
Apple Hospitality REIT Acquires the Courtyard by Marriott Cleveland University Circle
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires the Courtyard by Marriott Cleveland University Circle.
Apple Hospitality REIT Recognizes Top Performers with 2022 Apple Awards
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Recognizes Top Performers with 2022 Apple Awards.
Apple Hospitality REIT Announces Dates for Second Quarter 2023 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Second Quarter 2023 Earnings Release and Conference Call.
Apple Hospitality REIT Reports Results of Operations for First Quarter 2023
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for First Quarter 2023.
Apple Hospitality REIT Announces Dates for First Quarter 2023 Earnings Release and Conference Call
RICHMOND, Va.
Apple Hospitality REIT Appoints Carolyn Handlon to Board of Directors and Announces Date for 2023 Annual Meeting of Shareholders
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (“Apple Hospitality” or the “Company”) today announced the appointment of Carolyn Handlon to its Board of Directors (the “Boar...
Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2022
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced results of operations for the Fourth Quarter and Full Year ended Decemb...
Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report fourth quarter and full year 2022 financial r...
Apple Hospitality REIT Publishes Inaugural Corporate Responsibility Report
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today published its inaugural Corporate Responsibility Report, which details the Comp...
Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2022
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribut...
Apple Hospitality REIT Announces December 2022 Distribution
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribut...