Wolfe Research initiated coverage on Apple Hospitality REIT
$APLE
Real Estate Investment Trusts
Real Estate
Wolfe Research initiated coverage of Apple Hospitality REIT with a rating of Peer Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2024 | $15.00 | Neutral | Wedbush |
| 1/8/2024 | $19.00 → $18.00 | Buy → Neutral | BofA Securities |
| 12/8/2023 | $18.00 → $17.00 | Overweight → Equal Weight | Wells Fargo |
| 9/28/2023 | Peer Perform | Wolfe Research | |
| 3/30/2023 | $18.00 → $17.00 | Equal Weight → Overweight | Wells Fargo |
| 3/22/2023 | $22.00 → $17.00 | Buy → Neutral | Compass Point |
| 8/29/2022 | $16.00 → $17.00 | Underweight → Equal Weight | Wells Fargo |
| 6/16/2022 | Neutral → Buy | B. Riley Securities |
4 - Apple Hospitality REIT, Inc. (0001418121) (Issuer)
4 - Apple Hospitality REIT, Inc. (0001418121) (Issuer)
4 - Apple Hospitality REIT, Inc. (0001418121) (Issuer)
Apple Hospitality REIT, Inc. (NYSE:APLE) (the "Company" or "Apple Hospitality") today announced results of operations for the first quarter ended March 31, 2021. Apple Hospitality REIT, Inc. Selected Statistical and Financial Data As of and For the Three Months Ended March 31 (Unaudited) (in thousands, except statistical and per share amounts)(1) Three Months Ended March 31, 2021 2020 % Change Net loss $(46,435) $(2,769) n/m Net loss per share $(0.21) $(0.01) n/m Adjusted EBITDAre $27,308
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (“Apple Hospitality” or the “Company”) today announced the appointment of Howard Woolley to its Board of Directors (the “Board”), effective March 1, 2021. Mr. Woolley will stand for election as a Board-recommended nominee at the Company’s 2021 Annual Meeting of Shareholders. “We are delighted to welcome Howard to our Board of Directors,” said Glade Knight, Executive Chairman of Apple Hospitality. “When we began the search to expand our Board last year, we sought individuals with leadership experience in finance, technology or government affairs. Howard brings tremendous experience to our Board, as a leader in
Apple Hospitality REIT (NYSE:APLE) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.35 by 2.86 percent. This is unchanged from the same period last year. The company reported quarterly sales of $329.51 million which beat the analyst consensus estimate of $323.08 million by 1.99 percent. This is a 5.80 percent increase over sales of $311.45 million the same period last year.
4 - Apple Hospitality REIT, Inc. (0001418121) (Issuer)
4 - Apple Hospitality REIT, Inc. (0001418121) (Issuer)
4 - Apple Hospitality REIT, Inc. (0001418121) (Issuer)
Apple Hospitality REIT, Inc. (NYSE:APLE) (the "Company" or "Apple Hospitality") today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share. The distribution is payable on November 15, 2024, to shareholders of record as of October 31, 2024. Based on the Company's common stock closing price of $15.23 on October 17, 2024, the annualized distribution of $0.96 per common share represents an annual yield of approximately 6.3%. About Apple Hospitality REIT, Inc. 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-focus
Apple Hospitality REIT, Inc. (NYSE:APLE) (the "Company" or "Apple Hospitality") today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share. The distribution is payable on October 15, 2024, to shareholders of record as of September 30, 2024. Based on the Company's common stock closing price of $14.46 on September 18, 2024, the annualized distribution of $0.96 per common share represents an annual yield of approximately 6.6%. About Apple Hospitality REIT, Inc. 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-fo
Apple Hospitality REIT, Inc. (NYSE:APLE) (the "Company" or "Apple Hospitality") today announced that it plans to report third quarter 2024 financial results after the market closes on Monday, November 4, 2024, and host a conference call for investors and interested parties at 10:00 a.m. Eastern Time on Tuesday, November 5, 2024, to discuss the results. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial 877-407-9039, and participants from outside the U.S. should dial 201-689-8470. Participants may also access the call via live webcast by visiting the Investor Information section of the Company's website at
Apple Hospitality REIT, Inc. (NYSE:APLE) (the "Company" or "Apple Hospitality") today announced that it plans to report third quarter 2024 financial results after the market closes on Monday, November 4, 2024, and host a conference call for investors and interested parties at 10:00 a.m. Eastern Time on Tuesday, November 5, 2024, to discuss the results. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial 877-407-9039, and participants from outside the U.S. should dial 201-689-8470. Participants may also access the call via live webcast by visiting the Investor Information section of the Company's website at
Apple Hospitality REIT, Inc. (NYSE:APLE) (the "Company" or "Apple Hospitality") today announced results of operations for the second quarter ended June 30, 2024. Apple Hospitality REIT, Inc. Selected Statistical and Financial Data As of and For the Three and Six Months Ended June 30 (Unaudited) (in thousands, except statistical and per share amounts)(1) Three Months Ended Six Months Ended June 30, June 30, 2024 2023 % Change 2024 2023 % Change
Apple Hospitality REIT, Inc. (NYSE:APLE) (the "Company" or "Apple Hospitality") today announced the opening and acquisition of the 262-room Embassy Suites by Hilton Madison Downtown (the "Hotel") for approximately $79.5 million, or $303,000 per key. "We are pleased to expand our portfolio with the acquisition of the newly constructed, custom Embassy Suites Madison Downtown and increase our presence within the dynamic and business-friendly Madison market," said Nelson Knight, President, Real Estate and Investments of Apple Hospitality. "Through our longstanding relationship with one of the industry's leading and most trusted developers, we secured a fixed-price, take-out contract ahead of
Wedbush initiated coverage of Apple Hospitality REIT with a rating of Neutral and set a new price target of $15.00
BofA Securities downgraded Apple Hospitality REIT from Buy to Neutral and set a new price target of $18.00 from $19.00 previously
Wells Fargo downgraded Apple Hospitality REIT from Overweight to Equal Weight and set a new price target of $17.00 from $18.00 previously
8-K - Apple Hospitality REIT, Inc. (0001418121) (Filer)
10-Q - Apple Hospitality REIT, Inc. (0001418121) (Filer)
8-K - Apple Hospitality REIT, Inc. (0001418121) (Filer)
SC 13G/A - Apple Hospitality REIT, Inc. (0001418121) (Subject)
SC 13G - Apple Hospitality REIT, Inc. (0001418121) (Subject)
SC 13G/A - Apple Hospitality REIT, Inc. (0001418121) (Subject)