Apple Hospitality REIT Takes Steps to Mitigate Impact of COVID-19

Q4 2019 Apple Hospitality REIT Inc Earnings Call

Apple Hospitality REIT Reports Results of Operations for First Quarter 2020

Apple Hospitality REIT Announces Executive Leadership Team

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Many investors define successful investing as beating the market average over the long term. But its virtually certain...

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of September […]

If you own shares in Apple Hospitality REIT, Inc. (NYSE:APLE) then it's worth thinking about how it contributes to the...

It's been a mediocre week for Apple Hospitality REIT, Inc. (NYSE:APLE) shareholders, with the stock dropping 11% to...

Apple Hospitality REIT Provides Update on 2020 Outlook Due to Evolving Impact of COVID-19

Q3 2019 Apple Hospitality REIT Inc Earnings Call

Apple Hospitality REIT (APLE) delivered FFO and revenue surprises of 0.00% and 0.86%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Apple Hospitality REIT Announces Dates for First Quarter 2020 Earnings Release and Conference Call

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

Let's see if Apple Hospitality REIT (APLE) stock is a good choice for value-oriented investors right now from multiple angles.

The financial markets shifted into bear territory weeks ago, seeing the worst stock losses since the Great Depression. It’s clear now that the coronavirus pandemic has pushed us into recession; the unanswered question is, how long will it be? For now, though, we have a record to ponder: this has been the worst first quarter for US stocks since record keeping began.Last week, however, the major indexes have showed some gains. Investors are uncertain if this marks a true turnaround, or just a short-lived rally in a larger bear market. The consensus seems to be toward the latter. Jeffrey Solomon, CEO of the Cowen investment bank, sums it up with great clarity: “I think the activity we’ve seen particularly over the last week has largely been a lot of index rebalancing. Obviously it feels a little bit like a bear market rally. We’ve seen those. They tend to be fast and furious and certainly there for the three days last week…”Whether this is a short-term rally or the start of something bigger, market expert Jim Cramer believes that now is the time for dividend stocks. Not every stock pays out dividends, but those that do are generally outperforming all other asset returns. Cramer puts it this way: “The idea that you can pick an equity, pick a stock and have a good yield is something that’s very quaint and I think it’s a shame because it’s the way you can really make money now.” In his view, long-term commitment to dividend stocks are the way to go right now.There are deals to be found in today’s market, and stocks that are practically begging investors to buy then. We’ve opened up the TipRanks database to find three of them, stocks with a combination of attractive features: low cost, high upside, and in a better feature for investors, dividend yields to provide sure returns. Let’s dive in.Suncor Energy (SU)We’ll start with a major player in Alberta’s oil industry. Calgary-based Suncor produces synthetic crude oil from the vast oil sands region of the Plains province. The deposits, also known as tar sands, are the world’s largest deposits of bitumen, a form of semi-solid heavy crude oil. Alberta’s oil sands put Canada’s petroleum industry on the global map. Altogether, the oil sands region contains approximately 178 billion barrels of economically recoverable reserves.SU posted 39 cents EPS in Q4, more than enough to pay out the company’s 35 cent quarterly dividend. That dividend annualizes to $1.40, and like LADR above makes for a high payout ratio of 90%. Suncor has raised its dividend payment three times in the past three years, and has a reliable payment history stretching back to 2011.The real attraction in SU’s dividend, however, is the yield. SU offers investors a high return of 10.38%. While not off the charts, it is still 5x higher than the 2% average yield among S&P listed companies – and it blows away US Treasure bonds, which are currently averaging below a 1% yield.Writing on Suncor for Morgan Stanley, analyst Benny Wong sees some cause for concern in current low oil prices, but believes that Suncor has the resources to weather the storm. He says, “We believe the budget update is encouraging for Suncor and should help alleviate some concerns that the company would be unable/unwilling to cut back spending enough. The update brings SU's budget into the C$3.5-4.5 Bn range and in line with the company's disciplined capital allocation framework in a

Even if it's not a huge purchase, we think it was good to see that Glade Knight, the Executive Chairman of Apple...

These dividend stocks tick both boxes: a very high yield and a bullish outlook from the Street. This is pretty crucial as not all dividend stocks make appealing investing propositions. Looking for those with a bullish analysis from the Street is one way to sort the wheat from the chaff.We’ve used the TipRanks' Stock Screener tool to pick out three buy-rated stocks with dividends exceeding 7%. This puts their yield 3.5x higher than the S&P average of 2.1%, and makes them a sure source of income of return-minded investors. The stocks come from the real estate investment trust and energy sectors, two segments of the market that have – for different reasons – developed a reputation for high-yield dividend returns.“A commitment to a dividend can indicate a strong business and a management priority on returning cash to shareholders, both important drivers of long-term stock appreciation” writes JP Morgan. So with this bullish analysis in mind, let’s take a look at these 3 high-yield dividend stocks:Apple Hospitality REIT (APLE)We’ll start in the real estate sector. Real Estate Investment Trusts, or REITs, are companies formed to realize the gains inherent in the real estate business. The REIT owns, and usually oversees the operations of groups of real estate investments. REITs can focus on commercial properties, office spaces, residential properties, hotels, warehouses, retail spaces, or any combination of these. Some REITs focus solely on property equity, others focus on mortgages, and some invest in both to varying degrees. By law, REITs are required to return as much as 90% of their profits to shareholders.Apple Hospitality, as its name suggests, focuses on hotel and other properties in the hospitality industry. The company owns 235 hotels with over 30,000 guest rooms, and has a presence in 87 markets across 34 states. In its recent Q3 release, APLE reported a return to shareholders for the previous 12 months in excess of $370 million. $100 million of that was in share buybacks, and $270 million was paid in dividends.The company’s current dividend yield is 7.33%, with a quarterly payment of 30 cents per share, annualizing to $1.20. The payout ratio is 150%, a decidedly unhealthy number – the ratio indicates that the company is paying out 50% more in dividends than it is seeing in earnings. Normally, that would be an unsustainable situation, but REITs are a special case. As pointed out above, these companies are required to pay out a high percentage of their profits as dividends. APLE shares are up 15% year-to-date, however; while that is lower than the broader market’s 23% gain, it is sufficient to keep the payout ratio sustainable.B. Riley FBR analyst Bryan Maher points out the advantages of APLE in its sector: “[T]he REIT has struck a very good balance between delivering consistent earnings results, a conservative balance sheet, and a well-covered dividend, all while implementing a steady capital recycling (upgrade) program. And, while it might not be the most exciting REIT in the U.S., APLE shareholders can count on their $1.20/share annual dividend even if the economy were to experience a modest downdraft.” That steady, reliable return is key in REIT investing. Maher gives APLE an $18 price target, with a 9.9% upside. (To watch Maher's track record, click here)APLE is not widely covered by the Street’s analyst corps; among those who do cover the stock, however, the consensus is a Moderate Buy. APLE shows an average price target of $18.00, implying room for a 10% upside from the current trading value of $16.37. (See Apple Hospitality stock analysis on TipRanks)Redwood Trust (RWT)Our second company with a 7%+ dividend yield is another REIT. Redwood focuses on mortgage activities, investing its capital in residential mortgage funds and engaging in mortgage banking. The company’s main source of real estate income is from prime jumbo residential loans. The residential mortgage banking side of the operation acquires and sells packages of such residential loans.The model is usually profitable, and Redwood has beaten its earnings expectations twice in the past four quarters. The most recent quarter, however, reported at the end of October, showed a miss. EPS came in at 37 cents per share, below both the forecast of 38 cents and the year-ago quarter’s earnings of 39 cents. Revenues, at $34 million, were just about half the year-ago figure of $67 million, and 23.6% below the quarterly forecast.The earnings miss does not hurt the dividend, however. At 7.35%, and with an annual payout of $1.20, RWT’s dividend is almost exactly the same as APLE’s. The difference is in the payout ratio. RWT pays out 30 cents per quarter, and just reported earnings of 37 cents per share, leading to a payout ratio of 78%.5-star analyst Steven Delaney, of JMP Securities, reviewed RWT, just after the company’s earnings release. He set a $17.50 price target, and wrote of the stock, “Redwood Trust announced third quarter 2019 results that were marked by solid, albeit sequentially lower, core earnings and continued book value stability… We maintain our Market Outperform rating and our price target of $17.50, as we continue to believe the company should trade at a material premium to peers due to its unique market positioning and reputation.” His price target indicates room for a 7.7% upside. (To watch Delaney's track record, click here)Redwood Trust stock has a resounding “yes” on Wall Street. TipRanks analytics show that out of three analysts, all three are bullish. The price target of $17.83 shows a potential upside of about 10%. (See Redwood Trust stock analysis on TipRanks)Crestwood Equity Partners (CEQP)With our third high-yield dividend stock, we move into the oil industry. Crestwood is a midstream service provider with operations in 19 states. The company’s primary focus is in the Bakken Shale, the Delaware Permian Basin, and the Marcellus Shale. As a midstream operator, Crestwood doesn’t engage in drilling activities; the company’s operations are in three segments: Gathering & Processing, Storage & Transportation, and Marketing, Supply & Logistics.To support its high dividend, Crestwood can stand on a Q3 net income of $33.6 million. The adjusted EBITDA figure, $140.9 million, was a healthy 39% higher than the year-ago quarter. Year-to-date earnings were revised upwards, to the $520 to $535 million range. From an investor perspective, the best news was the dividend, declared at 60 cents per share to be paid out on November 14 to shareholders of record as of November 7.CEO Robert Phillips was upbeat in the company’s earnings call, saying, “So far, 2019 has been another stand-out year for Crestwood as we near the end of a successful three-year, approximately $1.0 billion, capital investment program in the Bakken, Powder River and Delaware Basins.” Rising income and a reliable dividend simply underscore the CEO’s optimism.SunTrust Robinson analyst Tristan Richardson agrees that the Phillips’ positive outlook is justified. In his recent report on CEQP, Richardson writes, “CEQP has not only executed on its large projects, setting the table for a strong exit to the year, but also was able to message a capital allocation strategy that resonates with what we see as the best path to outperformance in midstream. Operationally, core growth areas are performing in-line to better than guided as growth projects set the stage for volume acceleration.” He sets a $40 price target on this stock, indicating confidence in a 25% upside potential. (To watch Richardson's track record, click here)Richardson is in-line with the analyst consensus on this stock, a Strong Buy based on 3 buys and 1 hold set in recent months. The average price target of $41.50 implies an upside of 30% from the share price of $31.94. (See Crestwood’s price targets and analyst ratings on TipRanks).