Equities Analysts Set Expectations for APLE FY2026 Earnings

Apple Hospitality REIT, Inc. (NYSE:APLE) – Stock analysts at B. Riley decreased their FY2026 earnings per share (EPS) estimates for shares of Apple Hospitality REIT in a note issued to investors on Monday, November 11th. B. Riley analyst B. Maher now forecasts that the real estate investment trust will post earnings per share of $1.76 for the year, down from their prior forecast of $1.77. The consensus estimate for Apple Hospitality REIT’s current full-year earnings is $1.60 per share.

Other equities analysts have also issued reports about the company. StockNews.com lowered Apple Hospitality REIT from a “hold” rating to a “sell” rating in a report on Thursday. Oppenheimer restated an “outperform” rating and set a $18.00 price objective (up previously from $17.00) on shares of Apple Hospitality REIT in a research report on Friday, November 8th. Finally, Wells Fargo & Company dropped their target price on Apple Hospitality REIT from $16.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Friday, September 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $16.50.

Apple Hospitality REIT Price Performance

Shares of NYSE:APLE opened at $15.50 on Thursday. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.03. The firm has a 50-day simple moving average of $15.01 and a 200 day simple moving average of $14.66. Apple Hospitality REIT has a fifty-two week low of $13.60 and a fifty-two week high of $17.90. The company has a market cap of $3.72 billion, a PE ratio of 18.23 and a beta of 1.11.

Apple Hospitality REIT (NYSE:APLE) last released its earnings results on Monday, November 4th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.22). Apple Hospitality REIT had a net margin of 14.53% and a return on equity of 6.17%. The business had revenue of $378.84 million for the quarter, compared to the consensus estimate of $377.56 million. During the same quarter in the previous year, the firm earned $0.45 EPS.

Apple Hospitality REIT Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.96 annualized dividend and a dividend yield of 6.20%. Apple Hospitality REIT’s dividend payout ratio is presently 112.94%.

Institutional Trading of Apple Hospitality REIT

Large investors have recently added to or reduced their stakes in the business. EdgeRock Capital LLC bought a new position in shares of Apple Hospitality REIT in the second quarter worth $26,000. Quarry LP lifted its holdings in Apple Hospitality REIT by 127.5% in the second quarter. Quarry LP now owns 2,302 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 1,290 shares during the period. GAMMA Investing LLC grew its position in Apple Hospitality REIT by 40.4% in the 3rd quarter. GAMMA Investing LLC now owns 2,712 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 780 shares in the last quarter. Covestor Ltd grew its position in Apple Hospitality REIT by 115.6% in the 1st quarter. Covestor Ltd now owns 4,314 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 2,313 shares in the last quarter. Finally, Headlands Technologies LLC increased its stake in Apple Hospitality REIT by 4,406.5% during the 2nd quarter. Headlands Technologies LLC now owns 5,543 shares of the real estate investment trust’s stock valued at $81,000 after buying an additional 5,420 shares during the period. 89.66% of the stock is currently owned by institutional investors and hedge funds.

Apple Hospitality REIT Company Profile

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.