Apple Hospitality REIT Inc (NYSE:APLE) price on current trading day, rose 1.23% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.91.
A look at the stock’s price movement, the level at last check in today’s session was $11.77, moving within a range at $11.845 and $12.04. The beta value (5-Year monthly) was 1.01 while the PE ratio in trailing twelve months stood at 13.44. Turning to its 52-week performance, $16.45 and $10.44 were the 52-week high and 52-week low respectively. Overall, APLE moved -7.78% over the past month.
Apple Hospitality REIT Inc’s market cap currently stands at around $2.85 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-23. The company has a Forward Dividend ratio of 0.96, with its dividend yield at 8.04%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 328.2M for the company’s revenue for the quarter, with a low and high estimate of 323.7M and 334.65M respectively. The average forecast suggests down to a -0.40% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.43B, representing a -0.02% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that APLE is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend APLE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
APLE’s current price about 2.26% and -8.17% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.92, while 7-day volatility ratio is 2.08% and 4.87% in the 30-day chart. Further, Apple Hospitality REIT Inc (APLE) has a beta value of 1.08, and an average true range (ATR) of 0.44. Analysts have given the company’s stock an average 52-week price target of $18, forecast between a low of $18 and high of $18. Looking at the price targets, the low is -51.13% off recent price level in today’s trading while to achieve the yearly target high, it has to move -51.13%. Nonetheless, investors will most likely welcome a -51.13% jump to $18 which is the analysts’ median price.
If we refocus on Apple Hospitality REIT Inc (NYSE:APLE), historical trading data shows that trading volumes averaged 2.4 over the past 10 days and 2.80 million over the past 3 months. The company’s latest data on shares outstanding shows there are 239.77 million shares.
The 7.02% of Apple Hospitality REIT Inc’s shares are in the hands of company insiders while institutional holders own 86.20% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 11.61 million on 2025-04-15, giving us a short ratio of 3.5. The data shows that as of 2025-04-15 short interest in Apple Hospitality REIT Inc (APLE) stood at 778.00006 of shares outstanding, with shares short rising to 6.86 million registered in 2025-03-14. Current price change has pushed the stock -22.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the APLE stock continues to rise going into the next quarter.
