Several brokerages have updated their recommendations and price targets on shares of Apple Hospitality REIT (NYSE: APLE) in the last few weeks:
- 6/1/2026 – Apple Hospitality REIT had its price target raised by Barclays PLC from $13.00 to $16.00. They now have an “overweight” rating on the stock.
- 6/1/2026 – Apple Hospitality REIT had its price target raised by Wells Fargo & Company from $12.00 to $15.00. They now have an “equal weight” rating on the stock.
- 6/1/2026 – Apple Hospitality REIT is now covered by JPMorgan Chase & Co.. They set a “neutral” rating and a $15.00 price target on the stock.
- 5/28/2026 – Apple Hospitality REIT was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 5/13/2026 – Apple Hospitality REIT had its price target raised by Cantor Fitzgerald from $14.00 to $16.00. They now have an “overweight” rating on the stock.
- 4/22/2026 – Apple Hospitality REIT had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 4/7/2026 – Apple Hospitality REIT had its price target lowered by Barclays PLC from $14.00 to $13.00. They now have an “overweight” rating on the stock.
Apple Hospitality REIT Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.08 dividend. The ex-dividend date is Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 6.4%. Apple Hospitality REIT’s dividend payout ratio is currently 131.51%.
Insider Buying and Selling
In other news, Chairman Glade M. Knight acquired 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of $13.96 per share, for a total transaction of $69,800.00. Following the completion of the acquisition, the chairman owned 747,191 shares of the company’s stock, valued at approximately $10,430,786.36. This represents a 0.67% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.90% of the company’s stock.
Apple Hospitality REIT (NYSE: APLE) is a publicly traded real estate investment trust that focuses on acquiring, owning and operating high-quality, upscale, select-service hotels. The company’s portfolio primarily consists of properties operated under premium franchise agreements with leading lodging brands such as Marriott, Hilton and Hyatt. Apple Hospitality REIT is self-managed and internally advised, overseeing property management, revenue optimization and asset-level operations through its in-house team of hospitality professionals.
The company’s holdings encompass over 200 hotels featuring more than 30,000 guest rooms across a diverse array of markets in the United States.
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