APLE - Apple Hospitality REIT, Inc.
16.09 -0.01 (-0.07%)
After hours: 4:26PM EDT
| Previous Close | 16.04 |
| Open | 16.03 |
| Bid | 16.06 x 3000 |
| Ask | 16.06 x 1800 |
| Day's Range | 16.00 - 16.19 |
| 52 Week Range | 13.81 - 16.90 |
| Volume | 983,789 |
| Avg. Volume | 1,188,910 |
| Market Cap | 3.604B |
| Beta (3Y Monthly) | 0.91 |
| PE Ratio (TTM) | 18.55 |
| EPS (TTM) | 0.87 |
| Earnings Date | Nov 4, 2019 |
| Forward Dividend & Yield | 1.20 (7.48%) |
| Ex-Dividend Date | 2019-08-30 |
| 1y Target Est | 17.00 |
- Business Wire
Apple Hospitality REIT Acquires Independent Boutique Hotel in Richmond, Virginia
Apple Hospitality REIT, Inc. (APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of a 55-room independent boutique hotel in Richmond, Virginia (the “Hotel”), for a purchase price of approximately $7 million, or $125,000 per key. “We are pleased to add this unique property to our portfolio and expand our presence in the dynamic downtown Richmond market,” said Nelson Knight, Executive Vice President and Chief Investment Officer of Apple Hospitality. “We plan to renovate and reposition the Hotel, incorporating services and amenities that are consistent with our existing rooms-focused portfolio of hotels.
- Business Wire
Apple Hospitality REIT Announces Dates for Third Quarter 2019 Earnings Release and Conference Call
Apple Hospitality REIT, Inc. today announced that it plans to report third quarter 2019 financial results after the market closes on Monday, November 4, 2019, and host a conference call for investors and interested parties on Tuesday, November 5, 2019, at 9:00 a.m.
- Simply Wall St.
Is Apple Hospitality REIT, Inc. (NYSE:APLE) Potentially Undervalued?
Apple Hospitality REIT, Inc. (NYSE:APLE), which is in the reits business, and is based in United States, received a...
- InvestorPlace
Be Your Own Landlord With These 3 Monthly Paying REITs
There are plenty of benefits to having an allocation to real estate in your portfolio. From income generation to having an asset class that helps fight inflation, every investor should have some allocation to real estate. For most of us that aren't high net worth investors that means either owning one or two rental properties or buying real estate investment trusts (REITs).REITs make it real estate ownership easy and without many of the hassles that come with owning a rental property. With the security type, investors can gain access to a variety of property types and locations with one ticker. And thanks to their tax structure, REITs hand back much of their cash flows as dividends. However, there is one way that being a direct property owner does win big over REITs. And that's those sweet monthly rent checks from tenants.But REIT investors may not need to fret.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere are a handful of top-notch and high yielding REITs that do reward their shareholders every month. And with these firms, investors big and small can finally gain all the benefits of a landlord without all the hassles. * 5 Red Hot Housing Stocks Sprinting to Decade Highs With that, here are three monthly paying REITs to buy today. STAG Industrial (STAG)Source: Shutterstock Dividend Yield: 4.81%Talk about being in the right place at the right time. Thanks to rising e-commerce/omnichannel growth and a strengthening economy, STAG Industrial (NYSE:STAG) has been a winner since its IPO back 2011- offering plenty of dividend growth and capital appreciation. The key is that the firm focuses on warehouse and light industrial properties. These property types have been big winners in the shift towards reshoring and online consumerism. Rising demand and rents have simply translated into gains for STAG.But it's the kind of warehouses that STAG owns that sets it apart from rivals like Prologis (NYSE:PLD).STAG focuses on single and smaller warehouse properties. The benefit to the REIT is that often these warehouses can be bought on the cheap and below replacement costs. Secondly, tenant pricing power and quality for many of these small- and mid-size firms allows STAG to charge higher rents than other warehouse REITs. Since 2007, rents for Non-Super Primary markets -- the fancy way of saying STAG's niche -- have grown by nearly 16%. This contrasts to just 9% growth for Super Primary ones. In the end, the combination of these two factors has helped support STAG's FFO growth and dividends.To reduce risk, STAG has grown large. Today, the REIT owns more than 409 properties and no tenant makes up more than 2.1% of its warehouses. A strong balance sheet doesn't hurt either.The best part is STAG is willing to share the wealth via a growing monthly dividend. All in all, STAG could be one fo the best ways for investors to become a landlord via REITs. Apple Hospitality (APLE)Source: Shutterstock Dividend Yield: 7.31%When it comes to REITs, the lodging industry is often overlooked by investors. That's because, unlike something like an apartment building or medical office, hotel demand is very economically sensitive. So, historically, the lodging REITs have been a more volatile subsector of the market. But there are ways to reduce that risk and score a monthly dividend. Case in point, Apple Hospitality (NYSE:APLE).APLE owns 234 hotels across 38 states. Like previously mentioned STAG, the win for Apple comes down to its niche. The hotelier focuses on so-called select-service or room's focused hotel properties. These fall within middle ground between budget conscience travelers and upper-scale consumers. Moreover, select-service hotels tend to be frequented by business travelers who aren't very price-sensitive given then tend to use expense accounts or receive reimbursements for travel. Top brands in APLE's portfolio include Hilton's (NYSE:HLT) Embassy Suites and Marriott's (NASDAQ:MAR) Courtyard, Residence Inn, and TownePlace Suites concepts.What's great about the middle ground is that operating margins tend to be better than even upscale hotels. There's less demand from clients, but the rooms are still nice and command a premium over budget hotels. As a result, Apple has some of the best operating margins in the lodging sector while still maintaining high revenues-per-available-room (RevPAR) numbers. * 7 Stocks to Buy Under $10 And it's used those margins to reduce debt, expand its portfolio of hotels and pay a steady 7.31% monthly dividend. LTC Properties Inc (LTC)Source: Shutterstock Dividend Yield: 4.50%Rising healthcare spending and the continued "Graying of America" could easily be two of the biggest megatrends facing investors these days. Better and greater access to healthcare solutions is only increasing longevity and our lifespans. That's a major problem considering the specialized facilities needed to care for the elderly. Luckily, LTC Properties (NYSE:LTC) is up to the task.The LTC stands for Long-Term Care and REIT invests in senior housing and assisted living facilities. This is a particularly sweet spot in the medical property market as demand for these facilities continues to grow as longevity rises and more seniors need aid. Even better is that private-pay facilities can generate very high margins from tenants. Currently, LTC has about 200 properties under its umbrella. However, it continues to add deals that are instantly accreditive to its bottom line.The cool thing about LTC is that it is considered a hybrid REIT. That is, it owns both physical properties as well as invests in mortgages/provides loans to other developers. This creates a varied income stream for the REIT that helps pads its bottom line. Also helping is that fact that LTC doesn't operate the facilities, it just simply collects a rent check. This eliminates many of the risks associated with the healthcare sector.What it all really does is make LTC an earnings machine. Last quarter, FFO did rise slightly despite plenty of building/construction activity for the REIT. Meanwhile, LTC has managed to raise its monthly dividend 32% since 2010. Currently, LTC yields 4.5%.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy Under $10 * 30 Marijuana Stocks to Buy as the Future Turns Green * 7 Consumer Stocks Ready to Rally Hard The post Be Your Own Landlord With These 3 Monthly Paying REITs appeared first on InvestorPlace.
- Business Wire
Apple Hospitality REIT Announces October 2019 Distribution
Apple Hospitality REIT, Inc. (APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.10 per common share for the month of October 2019. Apple Hospitality REIT, Inc. (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. Certain statements contained in this press release other than historical facts may be considered forward-looking statements.
- Simply Wall St.
Consider This Before Buying Apple Hospitality REIT, Inc. (NYSE:APLE) For The 7.5% Dividend
Could Apple Hospitality REIT, Inc. (NYSE:APLE) be an attractive dividend share to own for the long haul? Investors are...
- Thomson Reuters StreetEvents
Edited Transcript of APLE earnings conference call or presentation 6-Aug-19 1:00pm GMT
Q2 2019 Apple Hospitality REIT Inc Earnings Call
- Simply Wall St.
Have Insiders Been Buying Apple Hospitality REIT, Inc. (NYSE:APLE) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
Motley FoolApple Hospitality REIT Inc (APLE) Q2 2019 Earnings Call Transcript
APLE earnings call for the period ending June 30, 2019.
- Zacks
Apple Hospitality REIT (APLE) Q2 FFO Meet Estimates
Apple Hospitality REIT (APLE) delivered FFO and revenue surprises of 0.00% and 0.22%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Simply Wall St.
Why You Should Leave Apple Hospitality REIT, Inc. (NYSE:APLE)'s Upcoming Dividend On The Shelf
It looks like Apple Hospitality REIT, Inc. (NYSE:APLE) is about to go ex-dividend in the next 4 days. Ex-dividend...
- Simply Wall St.
Imagine Owning Apple Hospitality REIT (NYSE:APLE) And Wondering If The 23% Share Price Slide Is Justified
Many investors define successful investing as beating the market average over the long term. But if you try your hand...
- Simply Wall St.
How Did Apple Hospitality REIT, Inc.'s (NYSE:APLE) 6.0% ROE Fare Against The Industry?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- Simply Wall St.
Should You Worry About Apple Hospitality REIT, Inc.'s (NYSE:APLE) CEO Pay Cheque?
In 2014 Justin Knight was appointed CEO of Apple Hospitality REIT, Inc. (NYSE:APLE). This analysis aims first to...
- Business Wire
Apple Hospitality REIT Announces Dates for Second Quarter 2019 Earnings Release and Conference Call
Apple Hospitality REIT, Inc. (APLE) (the “Company”) today announced that it plans to report second quarter 2019 financial results after the market closes on Monday, August 5, 2019, and host a conference call for investors and interested parties on Tuesday, August 6, 2019, at 9:00 a.m. Eastern Time, to discuss the results. Participants may also access the call via live webcast by visiting the Investor Information section of the Company's website at ir.applehospitalityreit.com. A replay of the call will be available from approximately 12:00 p.m. Eastern Time on August 6, 2019, through 11:59 p.m. Eastern Time on August 27, 2019.
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Apple Hospitality REIT Inc (APLE)
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
- Business Wire
Apple Hospitality REIT Appoints Rachael Rothman as Executive Vice President and Chief Financial Officer
Apple Hospitality REIT, Inc. (APLE) (the “Company” or “Apple Hospitality”) today announced the appointment of Rachael Rothman to the position of Executive Vice President and Chief Financial Officer for the Company, effective July 1, 2019. “We are excited to welcome Rachael to Apple Hospitality,” said Justin Knight, President and Chief Executive Officer of the Company.
- Business Wire
Apple Hospitality REIT Announces July 2019 Distribution
Apple Hospitality REIT, Inc. (APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.10 per common share for the month of July 2019. Apple Hospitality REIT, Inc. (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. Certain statements contained in this press release other than historical facts may be considered forward-looking statements.
- Markit
See what the IHS Markit Score report has to say about Apple Hospitality REIT Inc.
Apple Hospitality REIT Inc NYSE:APLEView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for APLE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding APLE are favorable, with net inflows of $2.35 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.
Does The Apple Hospitality REIT, Inc. (NYSE:APLE) Share Price Fall With The Market?
Anyone researching Apple Hospitality REIT, Inc. (NYSE:APLE) might want to consider the historical volatility of the...
