Apple Hospitality REIT, Inc. Common Shares (APLE) Company Bio
Apple Hospitality REIT owns portfolios of upscale, select service hotels in the United States. The company was founded in 2007 and is based in Richmond, Virginia.
APLE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Apple Hospitality REIT Inc. To summarize, we found that Apple Hospitality REIT Inc ranked in the 5th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for APLE, they are:
The company's compound free cash flow growth rate over the past 5.67 years comes in at -0.22%; that's greater than only 7.17% of US stocks we're applying DCF forecasting to.
Apple Hospitality REIT Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.42. This coverage rate is greater than that of merely 23.6% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Apple Hospitality REIT Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as APLE, try MAC, ESS, ILPT, MLP, and SVC.
With 40% net total debt to total capitalization, Apple Hospitality REIT ([[APLE]] +5.0%) indicates a conservative capital structure with staggered maturities and a no cash burn bolsters its liquidity position.All of the company's 235 hotels (99% rooms-focused) are open and receiving reservations leading to a positive cash flow in July 2020; it...
One of the most interesting REITs on the market just reported its quarterly earnings. The upscale room focused hotel REIT Apple Hospitality (APLE) reported one of the worst quarters a REIT investor will witness in his/her career as shelter in place orders and the following recession did a number on...
Image source: The Motley Fool. Apple Hospitality REIT (NYSE:APLE)Q2 2020 Earnings CallAug 07, 2020, 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to Apple Hospitality REIT’s second-quarter 2020 earnings conference call. [Operator instructions] Please note, this conference is being recorded. It is now my pleasure to turn the […]