Apple Hospitality REIT (NYSE:APLE) Releases Earnings Results, Beats Expectations By $0.04 EPS

by · The Markets Daily

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

Apple Hospitality REIT Trading Up 3.9%

Shares of NYSE:APLE traded up $0.70 during midday trading on Friday, hitting $18.85. 5,795,465 shares of the stock were exchanged, compared to its average volume of 2,506,206. The business’s 50-day moving average price is $16.71 and its 200 day moving average price is $14.80. Apple Hospitality REIT has a 12 month low of $11.23 and a 12 month high of $18.98. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 2.12 and a beta of 0.93.

Apple Hospitality REIT Announces Dividend

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

Analyst Ratings Changes

APLE has been the topic of several recent analyst reports. Cantor Fitzgerald reiterated an “overweight” rating on shares of Apple Hospitality REIT in a research note on Friday, August 21st. Bank of America upped their price objective on Apple Hospitality REIT from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. lifted their target price on Apple Hospitality REIT from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Wednesday, October 21st. Barclays boosted their target price on Apple Hospitality REIT from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 13th. Finally, Compass Point raised shares of Apple Hospitality REIT from a “neutral” rating to a “buy” rating and increased their target price for the stock from $17.50 to $18.50 in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.31.

Check Out Our Latest Analysis on Apple Hospitality REIT

Key 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

(Get Free Report)

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.

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