Apple Hospitality REIT
APLE

$13.96

0.22%

Market Cap: $3.38B

About: Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

Employees: 63

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

126% more call options, than puts

Call options by funds: $7.04M | Put options by funds: $3.12M

54% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 91

52% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 31

5% more funds holding

Funds holding: 299 [Q1] → 315 (+16) [Q2]

11% less capital invested

Capital invested by funds: $3.39B [Q1] → $3.03B (-$360M) [Q2]

32.46% less ownership

Funds ownership: 118.45% [Q1] → 85.99% (-32.46%) [Q2]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$17

22%

upside

Avg. target

$17

22%

upside

High target

$17

22%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Oppenheimer

Tyler Batory

56% 1-year accuracy

18 / 32 met price target

22%upside

$17

Outperform

Maintained

12 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about APLE published over the past 30 days

Apple Hospitality REIT Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Third Quarter 2024 Earnings Release and Conference Call.

Apple Hospitality REIT Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys

Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks included Blackstone Secured Lending, Ares Capital and Owl Rock Capital.

My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys

24/7 Wall Street

5 High-Yield Dividend Stocks Under $20 Are Perfect Passive Income Ideas

24/7 Wall St. Insights Dividend stocks will come into favor as rates are lowered over the next two years.

5 High-Yield Dividend Stocks Under $20 Are Perfect Passive Income Ideas

REIT Fantasy Football: 11 Companies To Start Your Team

Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio.

REIT Fantasy Football: 11 Companies To Start Your Team

2 High-Yielding REITs With Upside Potential

The market is expensive, trading at 21x forward EPS, 1.2 standard deviations above its 30-year average. The implied five-year annualized return is expected to be below 5% at current valuations. NewLake Capital Partners and Apple Hospitality REIT offer income and growth potential in a challenging market.

2 High-Yielding REITs With Upside Potential

Apple Hospitality REIT Announces Monthly Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution.

Apple Hospitality REIT Announces Monthly Distribution

Apple Hospitality: Growing Cash Flows And 7% Dividend Make This A Buy

Apple Hospitality REIT, Inc. is the only hotel/lodging REIT that I own in my portfolio. The allocation is considerable. While since the publication of my initial thesis back in July 2023, the performance has been somewhat flat, given the financials, I have become even more bullish. In this article, I dissect the Q2, 2024 earnings report and elaborate on why I remain long on APLE.

Apple Hospitality: Growing Cash Flows And 7% Dividend Make This A Buy

52 Maybe Buy And Hold Stocks From August Dogcatcher Research

Screening for mid to large-caps, high (>2%) dividends, attractive or neutral rated, >5yr dividend history, positive cash flow stocks as of 8/12/24 data from YCharts revealed 52 potential buy to hold candidates. The resulting list targets investors who “want to simply focus on profitable stocks without the fuss and bother of anything but an annual review and rebalance”. This inquiry will persist for months until a dozen or two truly qualified buy to hold qualifiers are determined from this ongoing search among large, well-established low-volatility and unsinkable companies.

52 Maybe Buy And Hold Stocks From August Dogcatcher Research

Post-Selloff Picks: 7 Stocks to Buy That Are Poised for a Rebound.

No one enjoys being caught in a downdraft. However, it's also worth pointing out an obvious reality: you don't actually absorb a loss until you close your position.

Post-Selloff Picks: 7 Stocks to Buy That Are Poised for a Rebound.

24/7 Wall Street

5 High-Yield Stocks That Provide Incredible Monthly Passive Income

24/7 Wall St. Insights Most stocks pay dividends quarterly, so monthly pay is enormous for many needing passive income.

5 High-Yield Stocks That Provide Incredible Monthly Passive Income

See News Rankings