Apple Hospitality REIT, Inc. (NYSE:APLE – Free Report) – Investment analysts at Wedbush issued their Q2 2025 earnings per share (EPS) estimates for shares of Apple Hospitality REIT in a report released on Tuesday, May 6th. Wedbush analyst R. Anderson anticipates that the real estate investment trust will post earnings per share of $0.48 for the quarter. The consensus estimate for Apple Hospitality REIT’s current full-year earnings is $1.60 per share. Wedbush also issued estimates for Apple Hospitality REIT’s Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $1.53 EPS.
Apple Hospitality REIT (NYSE:APLE – Get Free Report) last issued its earnings results on Thursday, May 1st. The real estate investment trust reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. Apple Hospitality REIT had a return on equity of 6.17% and a net margin of 14.53%. The firm had revenue of $327.70 million for the quarter, compared to the consensus estimate of $332.86 million.
Read Our Latest Report on APLE
Apple Hospitality REIT Price Performance
Shares of NYSE APLE opened at $11.76 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.04 and a quick ratio of 0.04. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 13.84 and a beta of 1.07. The firm’s 50 day simple moving average is $12.41 and its 200-day simple moving average is $14.36. Apple Hospitality REIT has a 12 month low of $10.44 and a 12 month high of $16.50.
Hedge Funds Weigh In On Apple Hospitality REIT
Several hedge funds and other institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD raised its holdings in Apple Hospitality REIT by 27.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,239,061 shares of the real estate investment trust’s stock valued at $126,472,000 after acquiring an additional 1,761,996 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Apple Hospitality REIT by 9.4% in the first quarter. Victory Capital Management Inc. now owns 7,401,428 shares of the real estate investment trust’s stock valued at $95,552,000 after purchasing an additional 633,688 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Apple Hospitality REIT by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,590,568 shares of the real estate investment trust’s stock worth $70,465,000 after buying an additional 133,505 shares during the last quarter. Northern Trust Corp increased its stake in shares of Apple Hospitality REIT by 6.9% in the 4th quarter. Northern Trust Corp now owns 3,259,501 shares of the real estate investment trust’s stock worth $50,033,000 after acquiring an additional 209,698 shares during the last quarter. Finally, LSV Asset Management boosted its position in shares of Apple Hospitality REIT by 2.1% during the 1st quarter. LSV Asset Management now owns 2,519,277 shares of the real estate investment trust’s stock valued at $32,524,000 after acquiring an additional 52,734 shares during the last quarter. 89.66% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Apple Hospitality REIT news, Chairman Glade M. Knight bought 10,000 shares of the stock in a transaction on Tuesday, May 6th. The shares were bought at an average price of $11.43 per share, with a total value of $114,300.00. Following the purchase, the chairman now directly owns 700,344 shares in the company, valued at $8,004,931.92. This trade represents a 1.45 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders have bought 12,000 shares of company stock worth $137,120. Insiders own 7.10% of the company’s stock.
Apple Hospitality REIT Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date is Wednesday, April 30th. Apple Hospitality REIT’s dividend payout ratio is presently 121.52%.
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.
Featured Articles
- Five stocks we like better than Apple Hospitality REIT
- Why Are Stock Sectors Important to Successful Investing?
- GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?
- Which Wall Street Analysts are the Most Accurate?
- Here’s The Reason Goldman Sachs Is Bullish On MercadoLibre Stock
- How to invest in marijuana stocks in 7 stepsĀ
- Analyst-Favorite Bitcoin Miner CleanSpark: Worth the Hype?
Receive News & Ratings for Apple Hospitality REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple Hospitality REIT and related companies with MarketBeat.com's FREE daily email newsletter.