Apple Hospitality REIT Gains 1.4% YTD While Finance Sector Drops 2.7%
Apple Hospitality REIT has returned 1.4% year-to-date, outperforming the Finance sector’s average loss of 2.7%. Its full-year consensus earnings estimate has risen 1.4% over the past 90 days and it holds a #2 rating in an earnings momentum model.
1. Year-to-Date Performance
Apple Hospitality REIT has delivered a 1.4% return since January 1, outperforming the average Finance sector return of -2.7% over the same period.
2. Earnings Outlook Improvement
The consensus full-year earnings estimate for Apple Hospitality REIT has increased by 1.4% over the past 90 days, reflecting stronger analyst sentiment, and the stock holds a #2 rating in an earnings momentum model.
3. Sector and Industry Positioning
Within the Finance sector, the group ranks fifth out of 16 based on average member ratings, while in the REIT and Equity Trust – Other industry, Apple Hospitality REIT ranks 56th among 91 firms; this industry has averaged a 5.8% gain year-to-date, slightly above APLE’s performance.