Apple Hospitality REIT Extends Share Repurchase Program

Apple Hospitality REIT ( (APLE) ) has issued an update.

On May 19, 2025, Apple Hospitality REIT, Inc. held its Annual Meeting where shareholders elected nine directors, ratified KPMG LLP as the accounting firm for 2025, approved executive compensation, and endorsed the Employee Stock Purchase Plan. Additionally, the Board extended the share repurchase program until July 2026, allowing for up to $262.6 million in repurchases, reflecting a strategic move to enhance shareholder value.

The most recent analyst rating on (APLE) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Apple Hospitality REIT stock, see the APLE Stock Forecast page.

Spark’s Take on APLE Stock

According to Spark, TipRanks’ AI Analyst, APLE is a Neutral.

Apple Hospitality REIT’s overall score reflects strong financial health and robust asset management. The high dividend yield and strategic asset management are notable positives. However, reduced earnings guidance and mixed technical indicators present challenges. Despite these challenges, the company’s stable balance sheet and commitment to shareholder value through strategic moves offer potential upside.

To see Spark’s full report on APLE stock, click here.

More about Apple Hospitality REIT

Apple Hospitality REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on the ownership of upscale, select-service hotels. The company primarily invests in hotels in the United States, offering a diversified portfolio aimed at generating income through hotel operations.

Average Trading Volume: 3,083,679

Technical Sentiment Signal: Sell

Current Market Cap: $2.87B

For a thorough assessment of APLE stock, go to TipRanks’ Stock Analysis page.