Apple Hospitality REIT (APLE) Competitors

$14.70
-0.16 (-1.08%)
(As of 05/8/2024 ET)

APLE vs. IRT, CUZ, SLG, HHH, SBRA, KRC, PECO, GRP.U, EPR, and BXMT

Should you be buying Apple Hospitality REIT stock or one of its competitors? The main competitors of Apple Hospitality REIT include Independence Realty Trust (IRT), Cousins Properties (CUZ), SL Green Realty (SLG), Howard Hughes (HHH), Sabra Health Care REIT (SBRA), Kilroy Realty (KRC), Phillips Edison & Company, Inc. (PECO), Granite Real Estate Inc. Staple (GRP.U), EPR Properties (EPR), and Blackstone Mortgage Trust (BXMT). These companies are all part of the "real estate investment trusts" industry.

Apple Hospitality REIT vs.

Apple Hospitality REIT (NYSE:APLE) and Independence Realty Trust (NYSE:IRT) are both mid-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, community ranking, media sentiment, profitability, dividends, valuation, analyst recommendations and institutional ownership.

Apple Hospitality REIT pays an annual dividend of $0.96 per share and has a dividend yield of 6.5%. Independence Realty Trust pays an annual dividend of $0.64 per share and has a dividend yield of 3.9%. Apple Hospitality REIT pays out 123.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Independence Realty Trust pays out -2,132.6% of its earnings in the form of a dividend.

89.7% of Apple Hospitality REIT shares are held by institutional investors. Comparatively, 88.3% of Independence Realty Trust shares are held by institutional investors. 6.8% of Apple Hospitality REIT shares are held by insiders. Comparatively, 0.7% of Independence Realty Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Apple Hospitality REIT has a net margin of 13.21% compared to Independence Realty Trust's net margin of -1.26%. Apple Hospitality REIT's return on equity of 5.54% beat Independence Realty Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Apple Hospitality REIT13.21% 5.54% 3.69%
Independence Realty Trust -1.26%-0.23%-0.13%

In the previous week, Apple Hospitality REIT had 13 more articles in the media than Independence Realty Trust. MarketBeat recorded 16 mentions for Apple Hospitality REIT and 3 mentions for Independence Realty Trust. Independence Realty Trust's average media sentiment score of 1.80 beat Apple Hospitality REIT's score of 0.40 indicating that Independence Realty Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Apple Hospitality REIT
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Independence Realty Trust
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Apple Hospitality REIT has higher revenue and earnings than Independence Realty Trust. Independence Realty Trust is trading at a lower price-to-earnings ratio than Apple Hospitality REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Apple Hospitality REIT$1.34B2.65$177.49M$0.7818.87
Independence Realty Trust$660.98M5.61-$17.23M-$0.03-548.48

Independence Realty Trust received 29 more outperform votes than Apple Hospitality REIT when rated by MarketBeat users. Likewise, 60.85% of users gave Independence Realty Trust an outperform vote while only 57.19% of users gave Apple Hospitality REIT an outperform vote.

CompanyUnderperformOutperform
Apple Hospitality REITOutperform Votes
330
57.19%
Underperform Votes
247
42.81%
Independence Realty TrustOutperform Votes
359
60.85%
Underperform Votes
231
39.15%

Apple Hospitality REIT currently has a consensus target price of $18.40, indicating a potential upside of 24.49%. Independence Realty Trust has a consensus target price of $17.00, indicating a potential upside of 3.28%. Given Apple Hospitality REIT's higher probable upside, research analysts plainly believe Apple Hospitality REIT is more favorable than Independence Realty Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Apple Hospitality REIT
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Independence Realty Trust
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60

Apple Hospitality REIT has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500. Comparatively, Independence Realty Trust has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500.

Summary

Apple Hospitality REIT beats Independence Realty Trust on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding APLE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

APLE vs. The Competition

MetricApple Hospitality REITReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$3.57B$6.48B$8.93B$17.70B
Dividend Yield6.54%6.89%10.46%3.52%
P/E Ratio18.8737.7857.1124.73
Price / Sales2.656.873,490.6710.52
Price / Cash9.3114.5027.6815.59
Price / Book1.012.192.445.10
Net Income$177.49M$151.15M$996.09M$967.29M
7 Day Performance-0.84%1.36%1.60%2.73%
1 Month Performance-9.16%-1.96%-0.34%-1.26%
1 Year Performance-3.98%2.01%15.30%105.21%

Apple Hospitality REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRT
Independence Realty Trust
3.8634 of 5 stars
$15.79
-1.1%
$17.00
+7.7%
-1.9%$3.55B$660.98M-525.99952Positive News
CUZ
Cousins Properties
3.801 of 5 stars
$22.93
-1.5%
$23.67
+3.2%
+11.6%$3.49B$802.87M46.80305Analyst Downgrade
SLG
SL Green Realty
1.2535 of 5 stars
$49.82
-3.4%
$47.00
-5.7%
+126.7%$3.28B$913.71M-6.031,188Positive News
HHH
Howard Hughes
2.6697 of 5 stars
$65.17
-0.7%
$97.00
+48.8%
N/A$3.27B$1.02B-5.86608
SBRA
Sabra Health Care REIT
0.8186 of 5 stars
$13.92
-1.8%
$15.77
+13.3%
+30.6%$3.22B$647.51M278.4048News Coverage
Positive News
KRC
Kilroy Realty
3.8399 of 5 stars
$33.80
-1.7%
$39.00
+15.4%
+19.9%$3.97B$1.13B18.78248Positive News
PECO
Phillips Edison & Company, Inc.
1.6804 of 5 stars
$32.70
+0.1%
$38.14
+16.6%
+8.5%$4.00B$610.12M71.09290Dividend Increase
GRP.U
Granite Real Estate Inc. Staple
0 of 5 stars
$49.67
-3.4%
N/A-16.3%$3.14B$386.07M31.24N/APositive News
Gap Down
EPR
EPR Properties
4.2698 of 5 stars
$40.57
-1.1%
$48.05
+18.4%
-1.9%$3.07B$705.67M20.5955Analyst Forecast
BXMT
Blackstone Mortgage Trust
3.559 of 5 stars
$17.63
-1.6%
$19.93
+13.1%
+2.3%$3.06B$2.04B587.50N/APositive News

Related Companies and Tools

This page (NYSE:APLE) was last updated on 5/8/2024 by MarketBeat.com Staff

From Our Partners