Apple Hospitality REIT Inc (APLE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Apple Hospitality REIT Inc stock $17.69, price $18.88, that is 6.3% below the price, quality 60 out of 100. Rating: fairly valued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $9.54 – $18.88 · fair‑value band $10.33 – $26.68 · the $18.88 price screens above the $17.69 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
Follow Apple Hospitality REIT in your weekly email
Every Wednesday you see whether Apple Hospitality REIT is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust that owns largest and most diverse portfolios of upscale, rooms-focused hotels in the United States.
Show moreShow less
Apple Hospitality's portfolio consists of 217 hotels with approximately 29,600 guest rooms located in 84 markets throughout 37 states and the District of Columbia.
Concentrating with industry-leading brands, the Company's hotel portfolio consists of 96 Marriott-branded hotels, 115 Hilton-branded hotels, five Hyatt-branded hotels and one independent hotel. Apple Hospitality REIT, Inc. was established on November 08, 2007 and incorporated in 2007 in Virginia, USA
Stock analysis
Apple Hospitality REIT Inc (APLE) currently trades at $18.88, while our model-based Fair Value estimate is $17.69, so the stock looks roughly fairly valued today (gap 6.7%).
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $29.48 per share, and 5 of the 16 models we run sit above the $18.88 price.
Bear case: the Asset-Based group reads lowest at $8.86, and 11 of the 16 models stay below the price. Data coverage for this calculation is high.
Scenario range: $10.33 (bear) to $26.68 (bull), the price of $18.88 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Apple Hospitality REIT Inc reported revenue of $1.4B in FY2025 versus $934M in FY2021, a compound +10.9%/yr. Reported net income was $175M in FY2025, compounding +74.7%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap $4.5B Mid · P/E ratio 23.9 · P/S ratio 3.04 · EPS (TTM) $0.7900 · Dividend yield 5.1% · Net margin 12.6% · Return on equity 5.8% · Return on assets (EBIT) 4.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 79% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −32% fair-value upside, at −6%, APLE screens cheaper than that median.
Fair Value models
Bear$10.33Fair Value $17.69Bull$26.68
Price $18.88 · Downside -6.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director bought shares worth $69,850, on May 11, 2026.
BuyGlade M KnightExecutive Chairman, Director2× since Dec 11, 2025: 10,000 shares, avg. $12.94$129,400May 11, 2026
BuyRedd HughDirector1,000 shares at $11.75$11,750Nov 13, 2025
BuyHoward E. WoolleyDirector2,000 shares at $11.94$23,880Nov 11, 2025
Plus 8 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.89/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.6%
Start year 2020 (pandemic). Over 10 years: +4.6% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+32.7%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+16.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.6%
Dividend (yield on the price)5.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.6% vs 1.3%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−17% → 18%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+10.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +7.5% a year for the price and +0.0% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (86 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Efficient operations through brand concentration support steady cash generation for this hotel REIT, yet its results remain highly sensitive to shifts in occupancy and room rates amid travel cycles.
Main risk: Heavy dependence on hotel occupancy and room rates exposes cash flows to volatility from changes in broader travel demand patterns.
Apple Hospitality REIT runs a large portfolio of upscale rooms-focused hotels mostly under Hilton and Marriott brands. This setup supports steady cash generation with relatively contained operating expenses yet ties performance tightly to occupancy and room rates that shift with broader travel patterns. Does the focus on efficiency and brand concentration provide more stability than exposure to lodging cycles creates volatility?
Compare Apple Hospitality REIT Inc with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Hotel & Motel · 30 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside−6.3% · Below median
Profitability
Return on equity (12 months)5.8% · Above median
Return on assets3.6% · Above median
Net margin (12 months)12.6% · Below median
Operating margin (12 months)21.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)6.5% · Top 25%
Dividend yield (12 months)5.1% · Above median
Balance sheet
Debt / equity0.47× · Below median
Valuation Multiplesvs REIT - Hotel & Motel median · lower = cheaper
P/E (12 months)23.9× · Priciest 25%
P/B1.42× · Priciest 25%
P/S (12 months)3.04× · Pricier than median
Price / free cash flow (fiscal year)15.8× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Apple Hospitality REIT Inc (APLE) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $17.69 versus a price of $18.88, about 6% lower (fairly valued).
What is the fair value of APLE?
Our model-based fair value for Apple Hospitality REIT Inc is $17.69 (as of Nov 8, 2026), built from audited fundamentals. The current price: $18.88.
What is the quality score of APLE?
Apple Hospitality REIT Inc has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Apple Hospitality REIT Inc (APLE)?
Our model-based price target is the fair value of $17.69 (as of Nov 8, 2026) from 16 valuation models. Cautious scenario $10.33, optimistic scenario $26.68. It is a calculation from audited fundamentals, not an analyst target.
What is the Apple Hospitality REIT Inc stock forecast for 2026?
Our models put fair value at $17.69, about 6% lower versus a price of $18.88 (fairly valued). Cautious scenario $10.33, optimistic scenario $26.68. The calculation is refreshed regularly with new filings.
What is the revenue of Apple Hospitality REIT Inc (APLE)?
Apple Hospitality REIT Inc reported trailing-twelve-month revenue of about $1.5B (latest available figure, as of Nov 8, 2026).
Does Apple Hospitality REIT Inc pay a dividend?
Apple Hospitality REIT Inc currently shows a dividend yield of 5.08% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Apple Hospitality REIT Inc (APLE) and when is the ex-dividend date?
Apple Hospitality REIT Inc pays a dividend of $0.96 per share a year, a dividend yield of 5.1%. The last ex-dividend date was Oct 30, 2026. A dividend has been paid every year since at least 2015. The payout ratio is 122% of earnings. Free cash flow covers the dividend 1.25 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Apple Hospitality REIT Inc (APLE)?
For today's price to be fair in a discounted-cash-flow model, Apple Hospitality REIT Inc would have to grow free cash flow by +10.1 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +18.6 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of APLE use?
Our models discount Apple Hospitality REIT Inc at 9.6 %: a base by market capitalisation (mid), damped by beta 0.92, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Apple Hospitality REIT Inc that is +10.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has Apple Hospitality REIT Inc (APLE) delivered so far?
Over the past 5 years revenue at Apple Hospitality REIT Inc grew +18.6 % a year. The price currently implies free-cash-flow growth of +10.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Apple Hospitality REIT Inc (APLE) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Apple Hospitality REIT Inc (+10.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Apple Hospitality REIT Inc (APLE)?
The free-cash-flow yield on the price is 6.34 %: that much free cash flow Apple Hospitality REIT Inc produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Apple Hospitality REIT Inc (APLE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Apple Hospitality REIT Inc it is $17.69 per share (as of Nov 8, 2026), against a price of $18.88. It is the blended result of 16 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Apple Hospitality REIT Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, APLE trades above its calculated fair value: price $18.88, fair value $17.69, a gap of about −6% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of APLE?
No. The price is what the market pays today ($18.88); the fair value is what the company's own numbers justify ($17.69). For Apple Hospitality REIT Inc the two are $1.19 per share apart. That gap is exactly why we show both numbers side by side.
How much is Apple Hospitality REIT Inc worth?
The market values Apple Hospitality REIT Inc at about $4.5B (market capitalisation, as of Nov 8, 2026). Per share that is $18.88; our models calculate a fair value of $17.69 per share.
What do the bullish and bearish scenarios say about APLE?
Our models span a range for Apple Hospitality REIT Inc: cautious scenario $10.33, base $17.69, optimistic $26.68 per share (as of Nov 8, 2026, price $18.88). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of APLE?
Apple Hospitality REIT Inc trades at a price-to-earnings ratio of 23.9 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $17.69 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 21.5. Other multiples: P/B 1.4, P/S 3.0, EV/EBITDA 12.6.
How solid is the balance sheet of Apple Hospitality REIT Inc (APLE)?
Balance-sheet figures for Apple Hospitality REIT Inc (as of Nov 8, 2026): return on equity 5.8%, debt of 0.47 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is APLE from its 52-week high?
Apple Hospitality REIT Inc trades at $18.88, at its 52-week high of $18.88 and 79% above the low of $10.55 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $17.69 is for.
Which stocks are comparable to Apple Hospitality REIT Inc?
From the same area (Real Estate) we also value Host Hotels & Resorts, Inc, Ryman Hospitality Properties, Inc, COVH, Park Hotels & Resorts inc., among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Apple Hospitality REIT Inc stock attractive at the current price?
The data as of Nov 8, 2026: price $18.88, calculated fair value $17.69 (−6%), Quality Score 60/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of APLE calculated?
We run Apple Hospitality REIT Inc through 16 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $17.69 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Apple Hospitality REIT Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Apple Hospitality REIT Inc (APLE)?
The closing price on Nov 6, 2026 was $18.88. Our model-based fair value is $17.69, about 6% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Apple Hospitality REIT Inc right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($10.33 to $26.68) leaves room in how you read the outcome. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Apple Hospitality REIT Inc (APLE) come from?
Earnings per share at Apple Hospitality REIT Inc grew +5.8 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.1 %, EBIT margin +4.3 %, tax rate +0.1 %, residual (interest, one-offs) −0.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Apple Hospitality REIT Inc
How large is the market capitalisation of Apple Hospitality REIT Inc (APLE)?
The market capitalisation of Apple Hospitality REIT Inc is $4.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Apple Hospitality REIT Inc (APLE)?
The price-to-sales ratio of Apple Hospitality REIT Inc is 3.04 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Apple Hospitality REIT Inc (APLE)?
Earnings per share at Apple Hospitality REIT Inc are $0.7900 (price ÷ EPS = P/E 23.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Apple Hospitality REIT Inc (APLE)?
The dividend yield of Apple Hospitality REIT Inc is 5.1% (payout 122%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Apple Hospitality REIT Inc (APLE)?
The net margin of Apple Hospitality REIT Inc is 12.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Apple Hospitality REIT Inc (APLE)?
The return on equity (ROE) of Apple Hospitality REIT Inc is 5.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Apple Hospitality REIT Inc (APLE)?
On an EBIT basis the return on assets of Apple Hospitality REIT Inc is 4.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Apple Hospitality REIT Inc (APLE)?
The operating margin of Apple Hospitality REIT Inc is 21.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Apple Hospitality REIT Inc (APLE)?
Revenue at Apple Hospitality REIT Inc is growing +6.5% versus a year earlier (3y avg +4.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Apple Hospitality REIT Inc (APLE)?
Earnings per share at Apple Hospitality REIT Inc are growing +19.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Apple Hospitality REIT Inc (APLE) carry?
The net debt of Apple Hospitality REIT Inc is $1.7B (fiscal year 2025, ≈ 6.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Apple Hospitality REIT Inc in the live analysis
One click puts Apple Hospitality REIT Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 8, 2026