Apple Hospitality REITAPLE
APLE
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
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more call options, than puts
Call options by funds: $8.77M | Put options by funds: $4.39M
0% less capital invested
Capital invested by funds: $3.13B [Q2] → $3.13B (-$6.1M) [Q3]
8% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 38
9% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 120
2% less funds holding
Funds holding: 316 [Q2] → 310 (-6) [Q3]
2.03% less ownership
Funds ownership: 89.01% [Q2] → 86.98% (-2.03%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
21%
upside
Avg. target
$18
21%
upside
High target
$18
21%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
BMO Capital Ari Klein 23% 1-year accuracy 3 / 13 met price target | 21%upside $18 | Outperform Initiated | 9 Dec 2024 |
Oppenheimer Tyler Batory 16% 1-year accuracy 6 / 37 met price target | 21%upside $18 | Outperform Reiterated | 8 Nov 2024 |
Financial journalist opinion
Based on 7 articles about APLE published over the past 30 days
Neutral
Seeking Alpha
1 week ago
Is The Thrill Of Victory Worth The Agony Of Defeat?
I learned the importance of risk control and diversification after losing my entire net worth due to poor investment decisions and a failed partnership. Avoid high-risk REITs like Sachem Capital and Office Properties Income Trust, which have shown significant dividend cuts and poor performance. Apple Hospitality REIT offers a diversified portfolio of upscale hotels with strong growth potential, trading at attractive valuations and a solid dividend yield.
Negative
Seeking Alpha
3 weeks ago
Powell Plays Grinch
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.
Positive
24/7 Wall Street
3 weeks ago
3 Buy-Rated Monthly-Pay High-Yield Dividend Stocks Are Our Top January Picks
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.
Neutral
Business Wire
3 weeks ago
Apple Hospitality REIT Publishes Annual Corporate Responsibility Report
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Publishes Annual Corporate Responsibility Report.
Neutral
Business Wire
3 weeks ago
Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2024
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2024.
Neutral
Business Wire
3 weeks ago
Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call.
Positive
Seeking Alpha
3 weeks ago
My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys
In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven by a strong earnings season and a dovish Fed, with BDCs like Goldman Sachs BDC and Blackstone Secured Lending Fund as key picks. November's dividend income hit a record $620, a 20% Y/Y growth, mainly due to ongoing investments into Hercules Capital.
Positive
Seeking Alpha
1 month ago
Cash COWs And Buried Treasures: 2024 Performance Review
About a year ago, I published two proposed portfolios: Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). The Cash COWs portfolio, selected for high yield and dividend safety, delivered a 6.91% cash yield with no dividend cuts, outperforming the VNQ by 242 bps. Despite not matching the S&P 500 or NASDAQ, Cash COWs performed well against the Dow Jones, S&P 400, and S&P 600 indices.
Positive
Seeking Alpha
1 month ago
Apple Hospitality: 6% Yield For This Excellent Hotel REIT
Apple Hospitality is a market leader in upscale hotels, offering significant geographic and brand diversification, ensuring steady dividends and potential capital appreciation. The REIT operates 225 hotels with 29,900 rooms, including prestigious brands like Hilton and Marriott, providing resilience against economic cycles and macro headwinds. APLE trades at a discount with strong financial performance, generating over $400 million in cash and maintaining high occupancy rates.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
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