Apple Hospitality REIT (NYSE:APLE) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Apple Hospitality REIT (NYSE:APLE) announced its quarterly earnings data on Thursday. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04, FiscalAI reports. Apple Hospitality REIT had a net margin of 12.17% and a return on equity of 5.56%. The firm had revenue of $398.33 million for the quarter, compared to analysts’ expectations of $384.64 million.

Apple Hospitality REIT Stock Up 3.9%

Shares of APLE stock traded up $0.70 during trading hours on Friday, hitting $18.85. 5,795,465 shares of the company were exchanged, compared to its average volume of 2,506,206. The business has a 50 day moving average of $16.71 and a two-hundred day moving average of $14.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.51. Apple Hospitality REIT has a 52 week low of $11.23 and a 52 week high of $18.98. The company has a market capitalization of $4.45 billion, a PE ratio of 23.86, a PEG ratio of 2.12 and a beta of 0.93.

Apple Hospitality REIT Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 30th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Friday, October 30th. Apple Hospitality REIT’s dividend payout ratio is 129.73%.

Key Apple Hospitality REIT News

Here are the key news stories impacting Apple Hospitality REIT this week:

• Positive Sentiment: Apple Hospitality raised its 2026 RevPAR growth forecast to 5.1%–6.1%, citing October RevPAR growth of about 10%. The stronger recent trend suggests improving revenue per available room and supports the company’s outlook. Article: Apple Hospitality raises 2026 RevPAR growth outlook
• Positive Sentiment: Third-quarter FFO was $0.50 per share, ahead of the $0.47 consensus estimate and up from $0.42 a year earlier. Revenue of $398.33 million also exceeded expectations of $384.64 million; reported EPS of $0.26 topped the $0.22 estimate. Article: Apple Hospitality Q3 FFO and revenues surpass estimates

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on APLE. JPMorgan Chase & Co. raised their price target on Apple Hospitality REIT from $16.00 to $17.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Compass Point upgraded Apple Hospitality REIT from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $17.50 to $18.50 in a research report on Friday, August 7th. Barclays upped their price target on Apple Hospitality REIT from $17.00 to $18.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 13th. Zacks Research downgraded shares of Apple Hospitality REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Apple Hospitality REIT in a report on Friday, August 21st. Three equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Apple Hospitality REIT currently has an average rating of “Hold” and a consensus target price of $17.31.

About Apple Hospitality REIT

Apple Hospitality REIT, Inc is a self-administered and self-managed real estate investment trust that owns a portfolio of upscale, select-service hotels across the United States. The company’s properties primarily operate under well-known hospitality brands affiliated with Marriott International, Hilton Worldwide Holdings and Hyatt Hotels Corporation.

Apple Hospitality’s hotels provide lodging and related guest services, including accommodations, meeting facilities, food and beverage offerings, and other amenities.