Glade Knight - Apple Hospitality Chairman

APLE Stock  USD 15.52  0.13  0.84%   

Chairman

Mr. Glade M. Knight is Executive Chairman of the Board of the Company. Mr. Knight is the founder of the Company and has served as Executive Chairman since May 2014, and previously served as Chairman and Chief Executive Officer of the Company since its inception. Mr. Knight was also the founder of each of the former Apple REIT Companies and served as their Chairman and Chief Executive Officer from their inception until the companies were sold to a third party or merged with the Company, as described in Note 1 below. In addition, Mr. Knight served as Chairman and Chief Executive Officer of Cornerstone Realty Income Trust, Inc., a REIT, from 1993 until it merged with Colonial Properties Trust, a REIT, in 2005. Following the merger in 2005 until April 2011, Mr. Knight served as a trustee of Colonial Properties Trust. Cornerstone Realty Income Trust, Inc. owned and operated apartment communities in Virginia, North Carolina, South Carolina, Georgia and Texas. Mr. Knight is a partner and Chief Executive Officer of Energy 11 GP, LLC, the general partner of Energy 11, L.P., and Energy Resources 12 GP, LLC, the general partner of Energy Resources 12, L.P., partnerships focused on investments in the oil and gas industry since 2014.
Age 81
Tenure 11 years
Phone804 344 8121
Webhttps://www.applehospitalityreit.com
Knight is the founding Chairman of Southern Virginia University in Buena Vista, Virginia. He also is a member of the Advisory Board to the Graduate School of Real Estate and Urban Land Development at Virginia Commonwealth University. Additionally, he serves on the National Advisory Council for Brigham Young University and is a founding member of the University’s Entrepreneurial Department of the Graduate School of Business Management. The Board of Directors believes his extensive REIT executive experience and extensive background in real estate, corporate finance and strategic planning, as well as his entrepreneurial background, provide him with the skills and qualifications to serve as a director.

Glade Knight Latest Insider Activity

Tracking and analyzing the buying and selling activities of Glade Knight against Apple Hospitality stock is an integral part of due diligence when investing in Apple Hospitality. Glade Knight insider activity provides valuable insight into whether Apple Hospitality is net buyers or sellers over its current business cycle. Note, Apple Hospitality insiders must abide by specific rules, including filing SEC forms every time they buy or sell Apple Hospitality'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Apple Hospitality Management Efficiency

The company has return on total asset (ROA) of 0.0348 % which means that it generated a profit of $0.0348 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0634 %, meaning that it created $0.0634 on every $100 dollars invested by stockholders. Apple Hospitality's management efficiency ratios could be used to measure how well Apple Hospitality manages its routine affairs as well as how well it operates its assets and liabilities.
Apple Hospitality REIT currently holds 1.48 B in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. Apple Hospitality REIT has a current ratio of 1.74, which is within standard range for the sector. Note, when we think about Apple Hospitality's use of debt, we should always consider it together with its cash and equity.

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is a publicly traded real estate investment trust that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Concentrated with industry-leading brands, the Companys portfolio consists of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels. Apple Hospitality operates under REITHotel Motel classification in the United States and is traded on New York Stock Exchange. It employs 63 people. Apple Hospitality REIT (APLE) is traded on New York Stock Exchange in USA. It is located in 814 East Main Street, Richmond, VA, United States, 23219-3306 and employs 63 people. Apple Hospitality is listed under Trading category by Fama And French industry classification.

Management Performance

Apple Hospitality REIT Leadership Team

Elected by the shareholders, the Apple Hospitality's board of directors comprises two types of representatives: Apple Hospitality inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Apple. The board's role is to monitor Apple Hospitality's management team and ensure that shareholders' interests are well served. Apple Hospitality's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Apple Hospitality's outside directors are responsible for providing unbiased perspectives on the board's policies.
Elizabeth Perkins, Chief Financial Officer, Senior Vice President
Rachel CPA, Senior Officer
Karen CPA, Senior COO
CFA CPA, Senior Advisor
Matthew JD, Chief VP
Glenn Bunting, Independent Director
Karen Gallagher, Chief Operating Officer, Senior Vice President
Jon Fosheim, Lead Independent Director
Jeanette Clarke, Senior Vice President and Chief Capital Investments Officer
Kristian Gathright, COO, Executive Vice President
Matthew Rash, Senior Vice President and Chief Legal Officer, Secretary
Justin Knight, Chief Executive Officer, Director
Howard Woolley, Independent Director
Glade Knight, Founder, Executive Chairman and Chairman of Executive Committee
Daryl Nickel, Independent Director
Blythe McGarvie, Independent Director
Nelson Knight, Executive VP and Chief Investment Officer
L Redd, Independent Director
Kristian CPA, Executive Director
Rachel Labrecque, Senior Vice President Chief Accounting Officer
Kelly Clarke, Vice President Investor Relations

Apple Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Apple Hospitality a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Apple Hospitality REIT is a strong investment it is important to analyze Apple Hospitality's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple Hospitality's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple Hospitality. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Apple Hospitality REIT is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Apple Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple Hospitality's market value can be influenced by many factors that don't directly affect Apple Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.