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 REIT Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.70|
|52 Week High||US$9.56|
|52 Week Low||US$16.59|
|1 Month Change||-3.03%|
|3 Month Change||7.53%|
|1 Year Change||44.30%|
|3 Year Change||-3.21%|
|5 Year Change||-11.95%|
|Change since IPO||-16.49%|
Recent News & Updates
Apple Hospitality: Additional Upside In Sight
The picture at Apple Hospitality has been harmed by the COVID-19 pandemic, but in many ways, the situation is improving. The company is recovering nicely, though there is a great deal of uncertainty still and the easy upside has been captured. Even so, the business appears to offer more upside potential moving forward.
|APLE||US REITs||US Market|
Return vs Industry: APLE exceeded the US REITs industry which returned 35.3% over the past year.
Return vs Market: APLE exceeded the US Market which returned 30.3% over the past year.
Stable Share Price: APLE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: APLE's weekly volatility (4%) has been stable over the past year.
About the Company
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 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Concentrated with industry-leading brands, the Company’s portfolio consists of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels.
Apple Hospitality REIT Fundamentals Summary
|APLE fundamental statistics|
Is APLE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APLE income statement (TTM)|
|Cost of Revenue||US$438.81m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
|Earnings per share (EPS)||-0.52|
|Net Profit Margin||-17.18%|
How did APLE perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Apple Hospitality REIT undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APLE ($15.7) is trading below our estimate of fair value ($71.95)
Significantly Below Fair Value: APLE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APLE is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: APLE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APLE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APLE is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (2.1x).
How is Apple Hospitality REIT forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APLE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: APLE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: APLE's is expected to become profitable in the next 3 years.
Revenue vs Market: APLE's revenue (18.8% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: APLE's revenue (18.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if APLE's Return on Equity is forecast to be high in 3 years time
How has Apple Hospitality REIT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APLE is currently unprofitable.
Growing Profit Margin: APLE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: APLE is unprofitable, and losses have increased over the past 5 years at a rate of 35.9% per year.
Accelerating Growth: Unable to compare APLE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APLE is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (8.3%).
Return on Equity
High ROE: APLE has a negative Return on Equity (-3.82%), as it is currently unprofitable.
How is Apple Hospitality REIT's financial position?
Financial Position Analysis
Short Term Liabilities: APLE's short term assets ($296.5M) exceed its short term liabilities ($51.5M).
Long Term Liabilities: APLE's short term assets ($296.5M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: APLE's debt to equity ratio (46%) is considered high.
Reducing Debt: APLE's debt to equity ratio has increased from 39.5% to 46% over the past 5 years.
Debt Coverage: APLE's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: Insufficient data to determine if APLE's interest payments on its debt are well covered by EBIT.
What is Apple Hospitality REIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APLE's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: APLE's dividend (0.25%) is low compared to the top 25% of dividend payers in the US market (3.47%).
Stability and Growth of Payments
Stable Dividend: APLE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: APLE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: APLE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APLE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Justin Knight (48 yo)
Mr. Justin G. Knight has been a Director at Apple Hospitality REIT, Inc. since 2015. He served as the President of Apple REIT Ten, Inc., Apple Suites, Inc. and Apple Nine Hospitality Ownership, Inc. Mr. Kn...
CEO Compensation Analysis
Compensation vs Market: Justin's total compensation ($USD3.91M) is about average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Justin's compensation has been consistent with company performance over the past year.
Experienced Management: APLE's management team is considered experienced (2.7 years average tenure).
Experienced Board: APLE's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: APLE insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Apple Hospitality REIT, Inc.'s employee growth, exchange listings and data sources
- Name: Apple Hospitality REIT, Inc.
- Ticker: APLE
- Exchange: NYSE
- Founded: 2007
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Market Cap: US$3.585b
- Shares outstanding: 228.34m
- Website: https://www.applehospitalityreit.com
Number of Employees
- Apple Hospitality REIT, Inc.
- 814 East Main Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 22:07|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.