Apple Hospitality REIT Inc (APLE) Stock AnalysisAPLEStock AnalysisApple Hospitality REIT Inc

Apple Hospitality REIT, Inc. is a real estate investment trust (REIT) that owns a diverse portfolio of upscale, rooms-focused hotels in the United States. The Company is self-advised and invests in income-producing real estate. The hotels are operated and managed under separate management agreements with one of 16 hotel management companies, none of which are affiliated with the Company. The Company's portfolio consists of approximately 217 hotels with approximately 29,600 guest rooms located in 84 markets throughout 37 states and the District of Columbia. The Company’s portfolio consists of 96 Marriott-branded hotels, 115 Hilton-branded hotels, five Hyatt-branded hotels and one independent hotel. The Company's brands include Hilton Garden Inn, Courtyard, Hampton, Residence Inn, Homewood Suites, Fairfield, Home2 Suites, SpringHill Suites, TownePlace Suites, Embassy Suites, AC Hotels, Hyatt Place, Hyatt House, Marriott, Motto, Independent, and Aloft Hotels. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).

Apple Hospitality REIT Inc (APLE) is a good buy right now due to its current price of $16.55, which is below the average analyst price target of $17.5, suggesting potential upside of approximately 5.7%. Additionally, the stock has shown a year-to-date change of +37.23%, indicating strong performance in the market. The recent declaration of a $0.08 monthly dividend reflects a forward yield of 5.7%, appealing to income-focused investors. However, a risk to consider is the current ratio of 0.26, indicating potential liquidity concerns.

3 analysts cover APLE: 1 rate it Buy, 2 Hold and 0 Sell. The average price target is 13.33.