Apple Hospitality REIT Inc (APLE) Stock Forecast & Price Target
Apple Hospitality REIT Inc · NYSE
$16.82-0.06 (-0.33%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering Apple Hospitality REIT Inc, 2 rate it Buy or better, 6 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $13.00 to $17.00, so the covering firms are broadly aligned. The average target of $15.43 sits 8% below the current $16.82. The rating mix has stayed broadly stable, with Buy-side ratings easing from 3 to 2 over recent months. On the fundamentals, the Street sees revenue growth near 1% this year and 2% next, consensus EPS building from about $0.21 next quarter toward $0.71 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy225%
Hold675%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to Apple Hospitality REIT Inc.
As of Jul, 2 of 8 firms rate APLE a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
APLE EPS & revenue forecast
EPS · NEXT QUARTER
$0.21
Range $0.20 – $0.22 · 4 analysts · +7% YoY
Next period, 4 analysts expect Apple Hospitality REIT Inc to earn $0.21 a share (range $0.20 – $0.22), versus $0.20 a year earlier. Full-year consensus is $0.70, growing to $0.71 the year after.
REVENUE · NEXT QUARTER
$378.2M
Range $369.9M – $386.3M · 4 analysts · +0% YoY
Revenue is expected to reach $378.2M (range $369.9M – $386.3M), +0.0% year-over-year. Full-year consensus is $1.4B, rising to $1.5B next year.
Top analysts covering Apple Hospitality REIT Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on APLE.
#1
Dori Kesten
Wells Fargo · Rank #58
Hold
$16.00-4.9% to target
Overall win rate
51%
+ Follow
#2
Tyler Batory
Oppenheimer · Rank #308
Buy
$18.00+7.0% to target
Overall win rate
25%
+ Follow
#3
Ari Klein
BMO Capital
Hold
$16.00-4.9% to target
Coverage
—
+ Follow
#4
Richard Hightower
Barclays
Buy
$16.00-4.9% to target
Coverage
—
+ Follow
#5
FV
Floris Van Dijkum
Ladenburg Thalmann
Hold
$17.00+1.0% to target
Coverage
—
+ Follow
APLE stock forecast FAQ
What is APLE's average 12-month price target?+
The 7 analysts with a live target average $15.43 for Apple Hospitality REIT Inc over the next 12 months, ranging from a $17.00 high to a $13.00 low.
Is APLE stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 2 are Buy or Strong Buy, 6 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for APLE?+
The Street-high target is $17.00 (Ladenburg Thalmann), and the Street-low is $13.00 (Baird). The average of all 7 active targets is $15.43.
How many Wall Street analysts cover APLE?+
8 analysts have an active rating on Apple Hospitality REIT Inc, and 7 firms carry a live 12-month price target.
Who is the most accurate analyst covering APLE?+
Among analysts who currently cover APLE, Dori Kesten of Wells Fargo has the strongest overall Quantellect track record (Rank #58). Their current call is Hold with a $16.00 target.
What is Apple Hospitality REIT Inc's projected EPS for next quarter?+
The consensus estimate is $0.21 per share (range $0.20 – $0.22) across 4 analysts. Full-year EPS is projected at $0.70, rising to $0.71 the following year.
How much revenue is Apple Hospitality REIT Inc expected to report next quarter?+
Consensus revenue is $378.2M (range $369.9M – $386.3M). Full-year revenue is projected at $1.4B, growing to $1.5B next year.
Have analysts been upgrading or downgrading APLE lately?+
As of Jul, 2 of 8 firms rate APLE a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their APLE calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.