What is B. Riley’s Estimate for APLE FY2026 Earnings?

Apple Hospitality REIT, Inc. (NYSE:APLE) – Analysts at B. Riley lowered their FY2026 earnings estimates for Apple Hospitality REIT in a research report issued to clients and investors on Monday, November 11th. B. Riley analyst B. Maher now expects that the real estate investment trust will post earnings per share of $1.76 for the year, down from their prior forecast of $1.77. The consensus estimate for Apple Hospitality REIT’s current full-year earnings is $1.60 per share.

APLE has been the topic of several other research reports. Oppenheimer reissued an “outperform” rating and set a $18.00 price objective (up previously from $17.00) on shares of Apple Hospitality REIT in a report on Friday, November 8th. Wells Fargo & Company cut their price target on Apple Hospitality REIT from $16.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Friday, September 13th. Finally, StockNews.com cut shares of Apple Hospitality REIT from a “hold” rating to a “sell” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $16.50.

Apple Hospitality REIT Price Performance

NYSE:APLE traded up $0.10 on Thursday, hitting $15.99. The company had a trading volume of 34,325 shares, compared to its average volume of 2,054,640. The firm has a 50 day moving average of $14.94 and a two-hundred day moving average of $14.65. The stock has a market capitalization of $3.84 billion, a price-to-earnings ratio of 18.69 and a beta of 1.11. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.03. Apple Hospitality REIT has a 52 week low of $13.60 and a 52 week high of $17.90.

Apple Hospitality REIT (NYSE:APLE) last issued its earnings results on Monday, November 4th. The real estate investment trust reported $0.23 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.22). Apple Hospitality REIT had a return on equity of 6.17% and a net margin of 14.53%. The business had revenue of $378.84 million for the quarter, compared to analyst estimates of $377.56 million. During the same period in the previous year, the firm posted $0.45 EPS.

Hedge Funds Weigh In On Apple Hospitality REIT

Several institutional investors have recently added to or reduced their stakes in APLE. FORA Capital LLC bought a new stake in shares of Apple Hospitality REIT in the 3rd quarter valued at $571,000. Daiwa Securities Group Inc. grew its holdings in Apple Hospitality REIT by 6.2% in the third quarter. Daiwa Securities Group Inc. now owns 74,732 shares of the real estate investment trust’s stock worth $1,110,000 after purchasing an additional 4,369 shares during the period. Penserra Capital Management LLC increased its stake in Apple Hospitality REIT by 15.9% in the third quarter. Penserra Capital Management LLC now owns 97,497 shares of the real estate investment trust’s stock valued at $1,446,000 after purchasing an additional 13,402 shares in the last quarter. Citigroup Inc. raised its holdings in shares of Apple Hospitality REIT by 13.4% during the third quarter. Citigroup Inc. now owns 761,709 shares of the real estate investment trust’s stock valued at $11,311,000 after purchasing an additional 89,952 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Apple Hospitality REIT by 4.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,457,063 shares of the real estate investment trust’s stock worth $66,187,000 after purchasing an additional 182,917 shares in the last quarter. 89.66% of the stock is owned by institutional investors and hedge funds.

Apple Hospitality REIT Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend is Thursday, October 31st. Apple Hospitality REIT’s dividend payout ratio (DPR) is presently 112.94%.

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.