Apple Hospitality REIT (NYSE:APLE) Announces Quarterly Earnings Results

Apple Hospitality REIT (NYSE:APLE) announced its earnings results on Thursday. The real estate investment trust reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04, FiscalAI reports. The firm had revenue of $398.33 million for the quarter, compared to the consensus estimate of $384.64 million. Apple Hospitality REIT had a return on equity of 5.56% and a net margin of 12.17%.

Apple Hospitality REIT Trading Up 3.9%

APLE stock traded up $0.70 during mid-day trading on Friday, reaching $18.85. The company’s stock had a trading volume of 5,795,465 shares, compared to its average volume of 2,506,206. Apple Hospitality REIT has a 12 month low of $11.23 and a 12 month high of $18.98. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average price is $16.71 and its 200 day moving average price is $14.80. The company has a market cap of $4.45 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93.

Apple Hospitality REIT Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 30th will be issued a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Friday, October 30th. Apple Hospitality REIT’s payout ratio is presently 129.73%.

Analysts Set New Price Targets

APLE has been the subject of a number of analyst reports. Barclays raised their price objective on Apple Hospitality REIT from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 13th. Zacks Research cut Apple Hospitality REIT from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of Apple Hospitality REIT in a research report on Tuesday. Wells Fargo & Company raised their price target on shares of Apple Hospitality REIT from $17.00 to $18.00 and gave the stock an “equal weight” rating in a report on Monday, October 26th. Finally, JPMorgan Chase & Co. raised their price target on shares of Apple Hospitality REIT from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Apple Hospitality REIT currently has a consensus rating of “Hold” and an average price target of $17.31.

More Apple Hospitality REIT News

Here are the key news stories impacting Apple Hospitality REIT this week:

• Positive Sentiment: Apple Hospitality raised its 2026 RevPAR growth forecast to 5.1%–6.1%, citing October RevPAR growth of about 10%. The stronger recent trend suggests improving revenue per available room and supports the company’s outlook. Article: Apple Hospitality raises 2026 RevPAR growth outlook
• Positive Sentiment: Third-quarter FFO was $0.50 per share, ahead of the $0.47 consensus estimate and up from $0.42 a year earlier. Revenue of $398.33 million also exceeded expectations of $384.64 million; reported EPS of $0.26 topped the $0.22 estimate. Article: Apple Hospitality Q3 FFO and revenues surpass estimates

About Apple Hospitality REIT

Apple Hospitality REIT, Inc is a self-administered and self-managed real estate investment trust that owns a portfolio of upscale, select-service hotels across the United States. The company’s properties primarily operate under well-known hospitality brands affiliated with Marriott International, Hilton Worldwide Holdings and Hyatt Hotels Corporation.

Apple Hospitality’s hotels provide lodging and related guest services, including accommodations, meeting facilities, food and beverage offerings, and other amenities.