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Apple Hospitality REIT, Inc. - APLE STOCK NEWS

Welcome to our dedicated news page for Apple Hospitality REIT (Ticker: APLE), a resource for investors and traders seeking the latest updates and insights on Apple Hospitality REIT.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Apple Hospitality REIT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Apple Hospitality REIT's position in the market.

Rhea-AI Summary
Apple Hospitality REIT, Inc. (NYSE: APLE) declares a regular monthly cash distribution of $0.08 per common share and a special cash distribution of $0.05 per common share, totaling $0.13 per common share. The distribution is payable on January 16, 2024, to shareholders of record as of December 29, 2023. With a closing price of $16.99 on December 18, 2023, the annualized regular monthly cash distribution of $0.96 per common share represents an annual yield of approximately 5.7%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
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none
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Rhea-AI Summary
Apple Hospitality REIT, Inc. (APLE) completed the acquisition of the 192-room Embassy Suites by Hilton South Jordan Salt Lake City for approximately $36.8 million. The hotel is ideally located in a thriving city with strong economic and population growth. The acquisition aims to enhance long-term shareholder value. Apple Hospitality has two additional hotels under contract for purchase, with revenue per available room in the Salt Lake City South, UT submarket improving by approximately 8%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
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-
Rhea-AI Summary
Apple Hospitality REIT, Inc. (NYSE: APLE) announced a regular monthly cash distribution of $0.08 per common share, payable on December 15, 2023, to shareholders of record as of November 30, 2023. With an annualized distribution of $0.96 per common share, the annual yield is approximately 5.8% based on the closing price of $16.49 on November 17, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
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none
Rhea-AI Summary
Apple Hospitality REIT, Inc. (NYSE: APLE) announced Q3 2023 results, with net income of $58.5M, a 1.1% decrease from Q3 2022, and Comparable Hotels RevPAR growth of 3%. The company acquired four hotels since the beginning of the year, with three additional hotels under contract for purchase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.46%
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-
Rhea-AI Summary
Apple Hospitality REIT completes acquisition of Residence Inn by Marriott Seattle South/Renton
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
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-
Rhea-AI Summary
Apple Hospitality REIT declares monthly cash distribution of $0.08 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
none
Rhea-AI Summary
Apple Hospitality REIT, Inc. announces acquisition of hotels in downtown Salt Lake City and plans for further portfolio expansion
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
-
Rhea-AI Summary
Apple Hospitality REIT declares monthly cash distribution of $0.08 per share, representing an annual yield of 6.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
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none
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Rhea-AI Summary
Apple Hospitality REIT, Inc. plans to report Q3 2023 financial results on November 7, 2023, and host a conference call on November 8, 2023, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
Rhea-AI Summary
Apple Hospitality REIT declares monthly cash distribution of $0.08 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
Apple Hospitality REIT, Inc.

NYSE:APLE

APLE Rankings

APLE Stock Data

3.60B
224.97M
6.62%
90.27%
4.12%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
RICHMOND

About APLE

apple hospitality reit, inc. (nyse: aple) is a publicly traded real estate investment trust (â“reitâ”) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the united states. apple hospitality's portfolio consists of 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. concentrated with industry-leading brands, the company's portfolio consists of 104 marriott-branded hotels, 126 hilton-branded hotels, three hyatt-branded hotels and two independent hotels.