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Apple Hospitality Reit Inc   (APLE)
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Price: $16.3400 $0.25 1.554%
Day's High: $16.43 Week Perf: 2.25 %
Day's Low: $ 16.11 30 Day Perf: 1.74 %
Volume (M): 1,890 52 Wk High: $ 17.90
Volume (M$): $ 30,881 52 Wk Avg: $15.66
Open: $16.18 52 Wk Low: $13.66



 Market Capitalization (Millions $) 3,740
 Shares Outstanding (Millions) 229
 Employees 710
 Revenues (TTM) (Millions $) 1,330
 Net Income (TTM) (Millions $) 159
 Cash Flow (TTM) (Millions $) 29
 Capital Exp. (TTM) (Millions $) 255

Apple Hospitality Reit Inc
Apple Hospitality REIT Inc, commonly known as Apple Hospitality, is a publicly-traded Real Estate Investment Trust (REIT) that specializes in acquiring, owning, and managing upscale, select-service hotels across the United States. The company was founded in 2007 and had its initial public offering (IPO) in 2015.

Since its inception, the company has grown its portfolio to consist of 233 hotels across 35 states. Its hotels operate under well-established brands such as Hilton, Marriott, Hyatt, and Residence Inn, among others, and cater to a wide range of travelers, including business and leisure travelers.

Apple Hospitality's business model revolves around owning and managing hotel properties that generate stable, long-term income from a combination of room rentals, food and beverage sales, and other ancillary services. The company aims to provide its shareholders with consistent monthly income, long-term capital appreciation, and a high level of transparency and accountability.

The company's strategic approach to hotel ownership and management has led to consistent financial success since its inception. As of December 31, 2020, the company had total assets of $6.2 billion, with a market capitalization of over $3 billion. The company's total revenue for 2020 was $1.03 billion, with a net income of $102.2 million.

Apple Hospitality's management philosophy centers around providing high-quality service to its guests and building strong relationships with its hotel brand partners and employees. The company has a team of experienced hotel professionals who oversee the day-to-day operations of its properties, including marketing, sales, and revenue management.

In addition to its primary focus on hotel ownership and management, Apple Hospitality is committed to sustainable business practices and social responsibility. The company incorporates environmental sustainability initiatives into its operations, including energy efficiency, water conservation, and waste reduction. Additionally, the company actively supports charitable organizations and partners with local organizations to support the communities where its hotels are located.

Overall, Apple Hospitality REIT Inc is a reputable and reliable company that has established a successful track record in the hospitality industry. With its proven expertise and commitment to sustainability and social responsibility, Apple Hospitality is well-positioned to continue its success in the years to come.


   Company Address: 814 East Main Street Richmond 23219 VA
   Company Phone Number: 344-8121   Stock Exchange / Ticker: NYSE APLE
   


   

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Apple Hospitality Reit Inc

Reasonable Behavior at Apple Hospitality REIT Inc throughout the Third Quarter of 2023 Earnings Season: Exploring Steady Earnings and Promising Future Prospects



Apple Hospitality REIT Inc (APLE) has recently witnessed a significant gain in share value, resulting in a solid increase over the last five trading days. The company's shares have also shown an upward trend over the preceding 30 days. Although APLE shares are currently 7.5% below the 52-week high, the company's financial results indicate resilience and potential for further growth. This article will explore the latest financial figures of Apple Hospitality REIT Inc and discuss their potential impact on the company's future prospects.
1. Steady Earnings:
For the financial period ending September 30, 2023, Apple Hospitality REIT Inc reported unchanged earnings per share (EPS) of $0.26 compared to the previous year. However, profits fell by -10.34% from $0.29 per share in the previous reporting season. This decline in earnings presents a challenge for the company, requiring measures to boost profitability in future periods.

Apple Hospitality Reit Inc

Apple Hospitality REIT Inc. Reports Remarkable Revenue Rise in Q2 2023 Financial Figures



In an ever-changing stock market landscape, Apple Hospitality REIT Inc has managed to navigate the challenges and maintain a steady financial performance. As the company released its financial report for the period ending June 30, 2023, it revealed remarkable growth in earnings per share (EPS) and revenue while demonstrating strategic adaptability in improving sales. Let's delve into the key facts and figures that make Apple Hospitality REIT Inc a notable player in the real estate investment trusts (REITs) sector.
Earnings Per Share (EPS) and Revenue Performance:
Despite economic uncertainties, Apple Hospitality REIT Inc reported an earnings per share of $0.29, remaining unchanged from the previous year. However, what sets this period apart is the sequential growth in EPS, which witnessed an impressive increase of 107.14% from $0.14 per share in the preceding quarter. This upward trend indicates a positive growth trajectory for the company, leaving stakeholders optimistic about its future prospects.

Apple Hospitality Reit Inc

The company disclosed memorable conduct, during the first quarter of 2023 earnings season

Investors who are considering purchasing shares of Apple Hospitality Reit Inc may want to reconsider their decision based on the company's financial performance in its first quarter of 2023. Despite experiencing growth in revenue and net income, the company's return on assets (ROA) fell below its average and was lower than 53 other financial sector companies. With a ROA of 1.96%, the company's ranking has only advanced to 409 from its previously low standing at 1879.
Furthermore, while Apple Hospitality Reit Inc reported a net income growth of 1324.01% from the fourth quarter of 2022, this improvement did not translate to an improvement in ROA. The company's profitability seems to be improving, with an increase in net margin and operating margin. However, operating earnings only improved by 49.98% to $49.247 million, which is not an impressive figure for a REIT company.






 

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