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Apple Hospitality REIT - APLE Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.40
  • Forecasted Upside: 19.02%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$15.46 As of 04/23/2024 01:00 AM ET
▲ +0.04 (0.26%)

This chart shows the closing price for APLE by one month, three months, or twelve months.

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Analyst Price Target for APLE

Analyst Price Target is $18.40
▲ +19.02% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Apple Hospitality REIT in the last 3 months. The average price target is $18.40, with a high forecast of $20.00 and a low forecast of $18.00. The average price target represents a 19.02% upside from the last price of $15.46.

This chart shows the closing price for APLE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 contributing investment analysts is to hold stock in Apple Hospitality REIT. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
7/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/26/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/8/2024Bank of AmericaDowngradeBuy ➝ Neutral$19.00 ➝ $18.00Low
12/22/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$17.00 ➝ $18.00Low
12/8/2023Wells Fargo & CompanyReiterated RatingOverweight ➝ Equal Weight$18.00 ➝ $17.00Low
11/13/2023Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$17.00 ➝ $18.00Low
9/27/2023Wolfe ResearchInitiated CoveragePeer PerformLow
8/10/2023B. RileyLower TargetBuy ➝ Buy$19.00 ➝ $18.00Low
8/7/2023OppenheimerLower TargetOutperform ➝ Outperform$19.00 ➝ $18.00Low
7/12/2023Wells Fargo & CompanyBoost Target$17.00 ➝ $18.00Low
7/5/2023BarclaysBoost Target$19.00 ➝ $20.00Low
5/8/2023B. RileyLower Target$20.00 ➝ $19.00Low
3/30/2023Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$18.00 ➝ $17.00Low
3/22/2023Compass PointDowngradeBuy ➝ Neutral$22.00 ➝ $17.00Low
2/2/2023Wells Fargo & CompanyBoost TargetEqual Weight$17.00 ➝ $18.00Low
8/29/2022Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$16.00 ➝ $17.00Low
8/11/2022B. RileyUpgradeNeutral ➝ BuyLow
7/7/2022BarclaysLower TargetOverweight$21.00 ➝ $19.00N/A
6/16/2022B. RileyUpgradeNeutral ➝ Buy$19.00High
4/21/2022OppenheimerInitiated CoverageOutperform$23.00Low
3/1/2022BarclaysBoost Target$19.00 ➝ $21.00Low
10/18/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ UnderweightLow
9/1/2021BarclaysUpgradeEqual Weight ➝ Overweight$17.00 ➝ $19.00Medium
6/15/2021B. RileyBoost TargetNeutral$16.00 ➝ $17.00Low
6/4/2021BarclaysBoost TargetEqual Weight$16.00 ➝ $17.00Low
4/28/2021BarclaysBoost TargetEqual Weight$15.00 ➝ $16.00High
12/2/2020B. RileyDowngradeBuy ➝ Neutral$13.00 ➝ $14.00High
11/16/2020Wells Fargo & CompanyBoost TargetEqual Weight$11.50 ➝ $13.00Low
10/5/2020Compass PointInitiated CoverageBuy$13.00Low
7/22/2020Wells Fargo & CompanyLower TargetEqual Weight$14.00 ➝ $9.50Low
6/22/2020BarclaysBoost TargetReduce ➝ Equal Weight$11.00 ➝ $12.00Low
6/1/2020Bank of AmericaInitiated CoverageBuy$13.00High
5/19/2020KeyCorpReiterated RatingHoldLow
3/23/2020B. RileyLower TargetBuy$16.00 ➝ $12.00High
3/17/2020BarclaysDowngradeOverweight ➝ Equal Weight$10.00High
3/9/2020Capital One FinancialUpgradeEqual Weight ➝ Overweight$17.00 ➝ $14.00High
2/27/2020B. RileyLower TargetBuy$18.00 ➝ $16.00High
12/16/2019Janney Montgomery ScottInitiated CoverageBuy$18.00Medium
8/12/2019BarclaysUpgradeEqual Weight ➝ Overweight$18.00Low
6/25/2019Capital One FinancialInitiated CoverageEqual Weight$17.00Low
(Data available from 4/23/2019 forward)

News Sentiment Rating

0.68 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/26/2023
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/26/2023
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/25/2023
  • 7 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/25/2023
  • 11 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/24/2024
  • 8 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/23/2024
  • 12 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/24/2024
  • 7 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/23/2024

Current Sentiment

  • 7 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Apple Hospitality REIT logo
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. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 99 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels.
Read More

Today's Range

Now: $15.46
Low: $15.35
High: $15.61

50 Day Range

MA: $16.13
Low: $14.93
High: $16.87

52 Week Range

Now: $15.46
Low: $14.22
High: $17.90

Volume

1,318,232 shs

Average Volume

1,889,477 shs

Market Capitalization

$3.75 billion

P/E Ratio

19.82

Dividend Yield

6.34%

Beta

1.08

Frequently Asked Questions

What sell-side analysts currently cover shares of Apple Hospitality REIT?

The following Wall Street research analysts have issued reports on Apple Hospitality REIT in the last year: B. Riley, Bank of America Co., Barclays PLC, Oppenheimer Holdings Inc., StockNews.com, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for APLE.

What is the current price target for Apple Hospitality REIT?

5 Wall Street analysts have set twelve-month price targets for Apple Hospitality REIT in the last year. Their average twelve-month price target is $18.40, suggesting a possible upside of 18.9%. Barclays PLC has the highest price target set, predicting APLE will reach $20.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $18.00 for Apple Hospitality REIT in the next year.
View the latest price targets for APLE.

What is the current consensus analyst rating for Apple Hospitality REIT?

Apple Hospitality REIT currently has 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in APLE, but not buy more shares or sell existing shares.
View the latest ratings for APLE.

What other companies compete with Apple Hospitality REIT?

Other companies that are similar to Apple Hospitality REIT include Independence Realty Trust, Phillips Edison & Company, Inc., Macerich, Granite Real Estate Inc. Staple and Cousins Properties. Learn More about companies similar to Apple Hospitality REIT.

How do I contact Apple Hospitality REIT's investor relations team?

Apple Hospitality REIT's physical mailing address is 814 East Main Street, RICHMOND VA, 23219. The real estate investment trust's listed phone number is (804) 344-8121 and its investor relations email address is [email protected]. The official website for Apple Hospitality REIT is www.applehospitalityreit.com. Learn More about contacing Apple Hospitality REIT investor relations.