
Apple Hospitality REIT remains a Buy, with shares trading at a discount even to a conservative fair value estimate. APLE delivered strong Q2 results, raised guidance, and demonstrated robust balance sheet strength with refinanced debt and no major maturities until 2029. The REIT's 6% monthly dividend is well-covered, with an 80.4% payout ratio based on estimated AFFO, and $242.5 million remains available for buybacks.










