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2025-01-25
Europe facing economic, political turmoilApple Hospitality REIT, Inc. ( NYSE:APLE – Get Free Report ) declared a monthly dividend on Thursday, December 19th, Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.08 per share by the real estate investment trust on Wednesday, January 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date of this dividend is Tuesday, December 31st. Apple Hospitality REIT has a payout ratio of 112.9% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Apple Hospitality REIT to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 58.2%. Apple Hospitality REIT Trading Down 2.0 % Shares of APLE opened at $15.44 on Friday. Apple Hospitality REIT has a fifty-two week low of $13.60 and a fifty-two week high of $17.08. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.04 and a current ratio of 0.04. The company’s fifty day moving average is $15.64 and its 200 day moving average is $14.94. The stock has a market capitalization of $3.70 billion, a PE ratio of 18.16 and a beta of 1.13. Analysts Set New Price Targets APLE has been the subject of several analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $18.00 price objective (up from $17.00) on shares of Apple Hospitality REIT in a research note on Friday, November 8th. StockNews.com upgraded Apple Hospitality REIT from a “sell” rating to a “hold” rating in a research report on Friday, November 22nd. Wells Fargo & Company dropped their price objective on shares of Apple Hospitality REIT from $16.00 to $15.00 and set an “equal weight” rating for the company in a research note on Friday, September 13th. Finally, BMO Capital Markets initiated coverage on shares of Apple Hospitality REIT in a research note on Monday, December 9th. They issued an “outperform” rating and a $18.00 target price on the stock. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Apple Hospitality REIT presently has an average rating of “Hold” and a consensus target price of $16.80. Check Out Our Latest Analysis on Apple Hospitality REIT Apple Hospitality REIT Company Profile ( Get Free Report ) 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. Featured Articles Receive News & Ratings for Apple Hospitality REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple Hospitality REIT and related companies with MarketBeat.com's FREE daily email newsletter .Veralto Co. (NYSE:VLTO) Plans Quarterly Dividend of $0.11bookies gambling



Simmons scores 19 as Gardner-Webb takes down SE Louisiana 73-69First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) Declares Monthly Dividend of $0.14

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