Apple Hospitality REIT (NYSE:APLE) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Apple Hospitality REIT (NYSE:APLE) posted its quarterly earnings data on Thursday. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.04, FiscalAI reports. The business had revenue of $398.33 million during 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 Stock Up 3.9%

Shares of Apple Hospitality REIT stock traded up $0.70 during trading on Friday, hitting $18.85. 5,795,465 shares of the stock traded hands, compared to its average volume of 2,506,206. The firm has a market cap of $4.45 billion, a P/E ratio of 23.86, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.51. Apple Hospitality REIT has a 52-week low of $11.23 and a 52-week high of $18.98. The stock’s fifty day simple moving average is $16.71 and its 200 day simple moving average is $14.80.

Apple Hospitality REIT Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 16th. Shareholders 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 yield of 5.1%. The ex-dividend date is Friday, October 30th. Apple Hospitality REIT’s dividend payout ratio (DPR) is presently 129.73%.

Apple Hospitality REIT News Roundup

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on APLE. Barclays lifted their price objective on Apple Hospitality REIT from $17.00 to $18.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Apple Hospitality REIT in a research note on Tuesday. Wells Fargo & Company boosted their price target on Apple Hospitality REIT from $17.00 to $18.00 and gave the company an “equal weight” rating in a research note on Monday, October 26th. JPMorgan Chase & Co. increased their price target on shares of Apple Hospitality REIT from $16.00 to $17.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Finally, Compass Point raised Apple Hospitality REIT from a “neutral” rating to a “buy” rating and raised their target price for the stock from $17.50 to $18.50 in a report on Friday, August 7th. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $17.31.

Apple Hospitality REIT Company Profile

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.