Apple Hospitality REIT(APLE)

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The 7 Smartest Stocks to Buy With $100 Right Now
Investor Place· 2024-06-27 14:05
If you’re feeling uncertain about the market’s direction, you’re not alone. Despite positive economic and stock market indicators suggesting renewed financial strength, the sentiment on the ground often tells a different story. With that in mind, when finding smart stocks to buy, it’s important to remain grounded in solid investment principles rather than purely emotional reactions.Finding smart stocks to buy now is a challenge amid this uncertainty. Questions linger: Have you missed the boat on Nvidia (NAS ...
Apple Hospitality (APLE) Grows Portfolio With Embassy Suites
ZACKS· 2024-06-24 18:15
Apple Hospitality REIT (APLE) recently announced the opening and strategic acquisition of the Embassy Suites by Hilton Madison Downtown, marking a significant expansion for the company. With a focus on expanding its portfolio and enhancing shareholder value, Apple Hospitality's move aligns with its commitment to growth and adaptability in the dynamic hospitality market.The acquisition of the 262-room Embassy Suites by Hilton Madison Downtown was finalized at approximately $79.5 million, reflecting a price o ...
7 Stocks to Buy Now: June 2024
Investor Place· 2024-06-18 18:30
You aren’t alone if you’re nervous about where markets are going. Though economic and stock news alike points toward renewed national financial and monetary strength, on-the-ground vibes seem to negate the apparent facts. And, though we can’t always pick stocks to buy now on a vibes-based investment thesis, it’s important to keep the overall uneasy consumer sentiment in mind even as the stock market hits new all-time highs.That’s why finding stocks to buy now isn’t easy – did you miss the boat on Nvidia (NA ...
3 Reasons Why 50% Of My Portfolio Is Placed In REITs
Seeking Alpha· 2024-06-17 07:54
Dragon Claws By reading the title of this article, I bet that for the majority of the audience, the first immediate thing that comes into their minds is either the concentration or low growth risks, which come along with having 50% of the exposure tilted towards equity REITs. The truth is that I fully agree that these risks are present and most probably by allocating into more growth biased stocks and diversifying more into the other equity segments, the overall risk-adjusted return profile for the port ...
7 Low-Cost Dividend Stocks to Boost Your Portfolio
InvestorPlace· 2024-05-09 19:04
While passive income should be a high priority in your overall investment strategy, acquiring quality names can be expensive, which brings us to low-cost dividend stocks. By moving away from the spotlight, you can find some attractive ideas.Of course, dividends are like anything. You can find some incredibly high-paying enterprises at the risk of sustainability threats. On the other hand, you can prioritize restful sleep but at the expense of robust yield.With low-cost dividend stocks, I’m trying to meet yo ...
Apple Hospitality REIT(APLE) - 2024 Q1 - Earnings Call Transcript
2024-05-07 17:37
Apple Hospitality REIT, Inc. (NYSE:APLE) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Kelly Clarke - Vice President, Investor Relations Justin Knight - Chief Executive Officer and Director Liz Perkins - Senior Vice President and Chief Financial Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Anthony Powell - Barclays Michael Bellisario - Baird Chris Darling - Green Street Operator Greetings, and welcome to the Apple Hospitality REIT First Qua ...
Apple Hospitality REIT (APLE) Q1 FFO Meet Estimates
Zacks Investment Research· 2024-05-06 23:21
Apple Hospitality REIT (APLE) came out with quarterly funds from operations (FFO) of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.34 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this hotel-owning real estate investment trust would post FFO of $0.31 per share when it actually produced FFO of $0.31, delivering no surprise.Over the last four quarters, the company has not been able to surpass consensus FFO ...
Apple Hospitality REIT(APLE) - 2024 Q1 - Quarterly Report
2024-05-06 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares, no par value APLE New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO _______ Commission File ...
Apple Hospitality REIT(APLE) - 2024 Q1 - Quarterly Results
2024-05-06 20:15
Exhibit 99.1 Apple Hospitality REIT Reports Results of Operations for First Quarter 2024 RICHMOND, Va. (May 6, 2024) – Apple Hospitality REIT, Inc. (NYSE: APLE) (the "Company" or "Apple Hospitality") today announced results of operations for the first quarter ended March 31, 2024. 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, | --- | --- | ...
Apple Hospitality REIT Announces Monthly Distribution and Date for 2024 Annual Meeting of Shareholders
Businesswire· 2024-03-18 13:00
RICHMOND, Va.--(BUSINESS WIRE)--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 April 15, 2024, to shareholders of record as of March 28, 2024. Based on the Company’s common stock closing price of $16.18 on March 15, 2024, the annualized distribution of $0.96 per common share represents an annual yield of approximately 5.9%. In ...