B. Riley Has Negative Estimate for APLE FY2026 Earnings

Apple Hospitality REIT, Inc. (NYSE:APLE) – Equities research analysts at B. Riley lowered their FY2026 EPS estimates for shares of Apple Hospitality REIT in a report released on Monday, November 11th. B. Riley analyst B. Maher now expects 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.

Apple Hospitality REIT (NYSE:APLE) last issued its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.23 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $378.84 million during the quarter, compared to the consensus estimate of $377.56 million. During the same quarter last year, the firm earned $0.45 earnings per share.

A number of other research analysts also recently weighed in on APLE. Oppenheimer reaffirmed an “outperform” rating and issued a $18.00 target price (up previously from $17.00) on shares of Apple Hospitality REIT in a research report on Friday, November 8th. StockNews.com downgraded Apple Hospitality REIT from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, Wells Fargo & Company reduced their price target on Apple Hospitality REIT from $16.00 to $15.00 and set an “equal weight” rating for the company in a research report on Friday, September 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $16.50.

Apple Hospitality REIT Stock Up 0.6 %

Shares of APLE traded up $0.10 during mid-day trading on Thursday, hitting $15.99. 34,325 shares of the company’s stock were exchanged, compared to its average volume of 2,054,640. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.04 and a quick ratio of 0.04. Apple Hospitality REIT has a 52 week low of $13.60 and a 52 week high of $17.90. The company has a market cap of $3.84 billion, a PE ratio of 18.69 and a beta of 1.11. The company has a 50-day simple moving average of $14.94 and a 200 day simple moving average of $14.65.

Institutional Trading of Apple Hospitality REIT

Several institutional investors and hedge funds have recently bought and sold shares of the business. EdgeRock Capital LLC bought a new stake in shares of Apple Hospitality REIT during the 2nd quarter worth about $26,000. Quarry LP grew its position in shares of 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 valued at $33,000 after purchasing an additional 1,290 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Apple Hospitality REIT by 40.4% during the third quarter. GAMMA Investing LLC now owns 2,712 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 780 shares during the period. Covestor Ltd lifted its holdings in Apple Hospitality REIT by 115.6% during the 1st quarter. Covestor Ltd now owns 4,314 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 2,313 shares during the last quarter. Finally, Headlands Technologies LLC lifted its holdings 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 worth $81,000 after purchasing an additional 5,420 shares during the last quarter. Institutional investors own 89.66% of the company’s stock.

Apple Hospitality REIT Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date of this dividend is Thursday, October 31st. Apple Hospitality REIT’s payout ratio is currently 112.94%.

About Apple Hospitality REIT

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.