REIT, Inc. (NYSE:APLE) is included among the 15 Extreme Dividend Stocks to Buy According to Hedge Funds.
Photo by
NeONBRAND on
Unsplash
On November 4, BofA downgraded Apple Hospitality REIT, Inc. (NYSE:APLE) from Buy to Neutral, lowering its price target to $11.50 from $15, as reported by The Fly. The analyst cited concerns over low-end softness and the government shutdown affecting certain service brands, as well as a K-shaped recovery dampening corporate demand. Following recent earnings reports, the firm became more cautious on the near-term RevPAR outlook across its lodging coverage.
In Q3 2025, the company’s portfolio fundamentals remained solid despite broader market uncertainties. Comparable Hotels saw occupancy of 76%, down 1.2% from the prior year, an ADR of $163, down 0.6%, and RevPAR of $124, down 1.8% versus Q3 2024. Preliminary data indicated that the government shutdown contributed to a roughly 3% YoY decline in Comparable Hotels RevPAR in October 2025.
Revenue for the quarter reached $373.88 million, down 1.3% from Q3 2024 but exceeding analysts’ estimates by $3 million. From the start of the year through October, the company sold three non-core assets for $37 million and acquired the Homewood Suites Tampa-Brandon for about $19 million. It also repurchased 3.8 million shares for roughly $48 million, reinvested over $50 million in portfolio improvements, and distributed $202 million to shareholders.
Apple Hospitality REIT, Inc. (NYSE:APLE) is a publicly traded REIT that owns one of the largest and most diverse collections of upscale, room-focused hotels in the US.
While we acknowledge the potential of APLE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Best Dividend Growth Stocks to Buy Now and 15 Overlooked Dividend Stocks to Buy Right Now
Disclosure: None.