Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Apple Hospitality REIT, Inc. (APLE)
NYSEReal EstateReit - Hotel & MotelSnapshot 2026-11-04
$18.82+0.91%
Close 2026-11-04 · 1-day change
NYSEReal EstateReit - Hotel & MotelSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.74 → 0.75 EPS · FY ending Dec 31, 2027 · 3 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 3 to 3; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for APLE yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
5 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Capital expenditures between $80 million and $90 million in 2026 | A supporting condition in Apple Hospitality REIT, Inc.'s published investment case. The stated target is $80M to $90M. | Broken | Capex exceeds $90 million in FY26 | Capital expenditures: $14.224M FY2026-Q2; GAAP. Published target: $80M to $90M. Annual target cannot be compared with a quarterly or TTM observation. Aug 5, 202614,224,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
APLE is a hotel real estate investment with a recent-performance-led thesis, rather than a clear turnaround or high-growth story. The long-term thesis is intact, though company quality has recently weakened and management execution is rated neutral.
The valuation evidence points to APLE being cheap versus peers, with a small expectations gap and low fragility. The evidence labels the pricing as justified, but does not show which specific operating assumptions the market already expects.
Near term, recent financial performance is strong, and the company reported an earnings beat in August. Management has improved net debt to capitalization and extended maturities, while capital spending guidance rose modestly; the monthly dividend has remained consistent. A guidance cut on the next call is a meaningful risk, and the recent decline in company quality tempers the otherwise positive picture.
Over the next one to three years, the thesis depends in part on management maintaining operating performance and avoiding a guidance cut. Fed rate cuts could support rate-sensitive real estate, while weakening results or guidance from hotel peers could remove a sector tailwind. The evidence also notes a quiet near-term miss risk, despite a history of a deep miss in a high-miss-rate industry.
APLE’s multi-year view remains intact, with strong recent performance and a better debt profile balanced against weaker quality scores and meaningful guidance risk. The evidence supports a modest discount to peers, but the forward case depends on continued execution. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of 3 supplied quarters. Management reported: “We are a leading real estate investment company committed to increasing shareholder value through the distribution of attractive dividends and long-term capital appreciation.” “The Company anticipates investing approximately $80 million to $90 million in capital improvements during 2026, which includes comprehensive renovation projects for approximately 21 hotels, however, inflationary pressures, supply chain shortages or tariffs, among other issues, may result in increased costs and delays for anticipated projects.”
Maintain dividend at $0.24 per share | Apple Hospitality REIT keeps paying a steady dividend of $0.24 per share. | Intact | Dividend per share falls below $0.24 in any quarter | Dividend per share: $0.24 per share FY2026-Q2; GAAP. Published target: $0.24 per share monthly. Target period is not explicitly aligned with this observation. Aug 5, 20260.24 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 3 supplied quarters. Management reported: “We are a leading real estate investment company committed to increasing shareholder value through the distribution of attractive dividends and long-term capital appreciation.” “We are a leading real estate investment company committed to increasing shareholder value through the distribution of attractive dividends and long-term capital appreciation.” Delivery assessment Nov 4, 2026 |
Gross margin near 33% in FY2026 | Revenue is expected near $1.465 billion in 2026 with a gross margin around 33%. | Intact | Gross margin falls below 30% in FY26 | Gross margin: 43.47% FY2026-Q2; GAAP. Published target: ~32.9%. Annual target cannot be compared with a quarterly or TTM observation. Aug 5, 202643.465333 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue near $1.465 billion in FY2026 | Revenue is expected near $1.465 billion in 2026 with a gross margin around 33%. | Intact | Revenue falls below $1.3 billion in FY26 | Revenue: $402.553M FY2026-Q2; GAAP. Published target: ~$1.465 billion. Annual target cannot be compared with a quarterly or TTM observation. Aug 5, 2026402,553,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Repurchase up to $242.5 million in shares by July 2027 | The company has a $242.5 million share buyback program extended through July 2027. | Intact | No meaningful share repurchases executed by July 2027 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.71 → $0.75 · observed estimates
$1.47B → $1.49B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-07-25 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-07-26 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-07-27 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-07-28 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-07-29 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-07-30 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-07-31 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-01 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-02 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-03 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-04 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-05 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-06 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-07 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-08 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-09 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-10 | $0.71 | $1,470,675,530 | 4 / 7 |
| 2026-08-11 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-12 | $0.71 | $1,477,194,950 | 4 / 7 |
| 2026-08-13 | $0.73 | $1,480,704,510 | 4 / 7 |
| 2026-08-14 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-15 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-16 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-17 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-18 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-19 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-20 | $0.71 | $1,467,036,816 | 3 / 5 |
| 2026-08-21 | $0.73 | $1,478,973,813 | 3 / 5 |
| 2026-08-22 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-23 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-24 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-25 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-26 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-27 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-28 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-29 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-30 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-08-31 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-01 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-02 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-03 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-04 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-05 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-06 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-07 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-08 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-09 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-10 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-11 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-12 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-13 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-14 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-15 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-16 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-17 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-18 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-19 | $0.73 | $1,480,380,063 | 3 / 5 |
| 2026-09-20 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-21 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-22 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-23 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-24 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-25 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-26 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-27 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-28 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-29 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-09-30 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-01 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-02 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-03 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-04 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-05 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-06 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-07 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-08 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-09 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-10 | $0.74 | $1,482,521,215 | 3 / 5 |
| 2026-10-11 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-12 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-13 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-14 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-15 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-16 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-17 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-18 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-19 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-20 | $0.74 | $1,483,279,938 | 3 / 5 |
| 2026-10-21 | $0.74 | $1,484,398,563 | 3 / 5 |
| 2026-10-22 | $0.74 | $1,484,398,563 | 3 / 5 |
| 2026-10-23 | $0.75 | $1,486,059,682 | 3 / 5 |
| 2026-10-24 | $0.75 | $1,487,860,732 | 3 / 5 |
| 2026-10-25 | $0.75 | $1,487,860,732 | 3 / 5 |
| 2026-10-26 | $0.75 | $1,489,774,301 | 3 / 5 |
| 2026-10-27 | $0.75 | $1,489,774,301 | 3 / 5 |
| 2026-10-28 | $0.75 | $1,492,217,326 | 3 / 5 |
| 2026-10-29 | $0.75 | $1,492,217,326 | 3 / 5 |
| 2026-10-30 | $0.75 | $1,492,217,326 | 3 / 5 |
| 2026-10-31 | $0.75 | $1,492,217,326 | 3 / 5 |
| 2026-11-01 | $0.75 | $1,492,217,326 | 3 / 5 |
| 2026-11-02 | $0.75 | $1,492,217,326 | 3 / 5 |
| 2026-11-03 | $0.75 | $1,492,217,326 | 3 / 5 |
| 2026-11-04 | $0.75 | $1,492,217,326 | 3 / 5 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 3 Buy / Strong Buy · 8 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 3 recorded
1 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Nov 5, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings5 of 5 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.