About Extended Stay America (NYSE:STAY)
Extended Stay America, Inc. is a owner/operator of company-branded hotels in North America. The Company operates in the extended stay lodging industry. The Company owns and operates approximately 700 hotel properties consisting of approximately 75,900 rooms located in 44 states across the United States of America and in Canada. The Company owns and operates hotels under the core brand, Extended Stay America. In addition, the Company owns and operates three Extended Stay Canada hotels, 49 hotels in the economy extended stay segment under the Crossland Economy Studios and Hometown Inn brands, and also manage two Extended Stay America hotels.
Industry, Sector and Symbol:
- Market Cap: $3.91614 billion
- Outstanding Shares: 192,345,000
- 50 Day Moving Avg: $20.06
- 200 Day Moving Avg: $18.89
- 52 Week Range: $13.26 - $20.95
Sales & Book Value:
- Trailing P/E Ratio: 26.14
- Foreward P/E Ratio: 18.85
- P/E Growth: 4.29
- Annual Revenue: $1.28 billion
- Price / Sales: 3.06
- Book Value: $6.88 per share
- Price / Book: 2.96
- Annual Dividend: $0.84
- Dividend Yield: 4.1%
- EBITDA: $603.98 million
- Net Margins: 5.24%
- Return on Equity: 14.53%
- Return on Assets: 4.79%
- Debt-to-Equity Ratio: 0.96%
- Current Ratio: 0.07%
- Quick Ratio: 0.07%
- Average Volume: 1.65 million shs.
- Beta: 1.06
- Short Ratio: 2.76
Frequently Asked Questions for Extended Stay America (NYSE:STAY)
What is Extended Stay America's stock symbol?
Extended Stay America trades on the New York Stock Exchange (NYSE) under the ticker symbol "STAY."
How often does Extended Stay America pay dividends? What is the dividend yield for Extended Stay America?
Extended Stay America declared a quarterly dividend on Tuesday, August 1st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.21 per share on Tuesday, August 29th. This represents a $0.84 annualized dividend and a yield of 4.13%. The ex-dividend date is Friday, August 11th. View Extended Stay America's Dividend History.
How will Extended Stay America's stock buyback program work?
Extended Stay America announced that its Board of Directors has initiated a stock repurchase plan on Thursday, April 6th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.
How were Extended Stay America's earnings last quarter?
Extended Stay America, Inc. (NYSE:STAY) announced its quarterly earnings results on Tuesday, August, 1st. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.01. The firm had revenue of $338.36 million for the quarter, compared to analysts' expectations of $342.70 million. Extended Stay America had a net margin of 5.24% and a return on equity of 14.53%. Extended Stay America's revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.31 EPS. View Extended Stay America's Earnings History.
When will Extended Stay America make its next earnings announcement?
Where is Extended Stay America's stock going? Where will Extended Stay America's stock price be in 2017?
5 brokers have issued 12 month price objectives for Extended Stay America's shares. Their forecasts range from $19.00 to $22.00. On average, they anticipate Extended Stay America's stock price to reach $20.75 in the next year. View Analyst Ratings for Extended Stay America.
Who are some of Extended Stay America's key competitors?
Some companies that are related to Extended Stay America include Under Armour (UAA), Michael Kors Holdings Limited (KORS), Pearson, PLC (PSO), Ralph Lauren Corporation (RL), Liberty Global PLC (LBTYA), Gildan Activewear (GIL), Under Armour (UA), Toro Company (The) (TTC), Polaris Industries (PII), Leggett & Platt, Incorporated (LEG), HUGO BOSS (BOSSY), Dolby Laboratories (DLB), Sharp (SHCAY), Mattel (MAT), Skechers U.S.A. (SKX), H&R Block (HRB), Brunswick Corporation (BC) and Six Flags Entertainment Corporation New (SIX).
Who owns Extended Stay America stock?
Extended Stay America's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Meeder Asset Management Inc. (0.02%) and Quantitative Systematic Strategies LLC (0.02%). Company insiders that own Extended Stay America stock include Centerbridge Credit Partners G, Douglas Gerard Geoga, Jonathan S Halkyard, Paulson & Co Inc, Richard F Wallman and Tom Seddon. View Institutional Ownership Trends for Extended Stay America.
Who sold Extended Stay America stock? Who is selling Extended Stay America stock?
Extended Stay America's stock was sold by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC. Company insiders that have sold Extended Stay America stock in the last year include Centerbridge Credit Partners G and Paulson & Co Inc. View Insider Buying and Selling for Extended Stay America.
Who bought Extended Stay America stock? Who is buying Extended Stay America stock?
Extended Stay America's stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. Company insiders that have bought Extended Stay America stock in the last two years include Douglas Gerard Geoga, Jonathan S Halkyard, Richard F Wallman and Tom Seddon. View Insider Buying and Selling for Extended Stay America.
How do I buy Extended Stay America stock?
Shares of Extended Stay America can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Extended Stay America's stock price today?
MarketBeat Community Rating for Extended Stay America (NYSE STAY)MarketBeat's community ratings are surveys of what our community members think about Extended Stay America and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Extended Stay America stock can currently be purchased for approximately $20.36.
Consensus Ratings for Extended Stay America (NYSE:STAY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$20.75 (1.92% upside)|Consensus Price Target History for Extended Stay America (NYSE:STAY)
Analysts' Ratings History for Extended Stay America (NYSE:STAY)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||Robert W. Baird||Reiterated Rating||Buy||$21.00||N/A|
|6/29/2017||Stifel Nicolaus||Reiterated Rating||Buy -> Buy||$20.00 -> $21.00||Medium|
|2/14/2017||Barclays PLC||Set Price Target||Buy||$22.00||N/A|
|12/15/2016||Bank of America Corporation||Upgrade||Neutral -> Buy||N/A|
|12/5/2016||MKM Partners||Upgrade||Neutral -> Buy||$15.00 -> $19.00||N/A|
|9/26/2016||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral||$14.00||N/A|
|8/17/2016||Citigroup Inc.||Lower Price Target||Neutral||$15.50 -> $15.00||N/A|
|7/29/2016||Deutsche Bank AG||Lower Price Target||Buy||$22.00 -> $21.00||N/A|
|4/26/2016||Morgan Stanley||Reiterated Rating||Hold||N/A|
|1/29/2016||Susquehanna Bancshares Inc||Lower Price Target||Neutral||$22.00 -> $14.00||N/A|
Earnings History for Extended Stay America (NYSE:STAY)Earnings History by Quarter for Extended Stay America (NYSE STAY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.32||$0.31||$342.70 million||$338.36 million||View||Listen|
|4/27/2017||Q1 2017||$0.12||$0.15||$290.20 million||$291.00 million||View||N/A|
|2/28/2017||Q416||$0.14||$0.20||$292.55 million||$295.70 million||View||Listen|
|10/25/2016||Q316||$0.34||$0.36||$268.77 million||$354.50 million||View||Listen|
|7/28/2016||Q216||$0.29||$0.31||$337.47 million||$332.80 million||View||Listen|
|4/26/2016||Q116||$0.12||$0.13||$285.37 million||$287.60 million||View||Listen|
|2/23/2016||Q415||$0.13||$0.15||$295.84 million||$296.30 million||View||Listen|
|10/27/2015||Q315||$0.31||$0.33||$358.96 million||$360.50 million||View||Listen|
|7/30/2015||Q215||$0.28||$0.33||$341.62 million||$340.30 million||View||Listen|
|4/30/2015||Q115||$0.14||$0.15||$285.70 million||$287.60 million||View||N/A|
|2/26/2015||Q414||$0.14||$0.16||$280.94 million||$282.70 million||View||N/A|
|11/7/2014||Q314||$0.34||$0.29||$344.00 million||$338.60 million||View||N/A|
|7/31/2014||Q214||$0.28||$0.27||$319.11 million||$321.90 million||View||N/A|
|5/7/2014||Q114||$0.12||$0.11||$267.88 million||$270.30 million||View||N/A|
Earnings Estimates for Extended Stay America (NYSE:STAY)
Current Year EPS Consensus Estimate: $1.04 EPS
Next Year EPS Consensus Estimate: $1.08 EPS
Current Dividend Information for Extended Stay America (NYSE:STAY)
|Most Recent Dividend:||8/29/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||247.06% (Trailing 12 Months of Earnings) |
80.77% (Based on This Year's Estimates)
77.78% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Extended Stay America (NYSE STAY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Extended Stay America (NYSE:STAY)
Insider Ownership Percentage: 0.49%Insider Trades by Quarter for Extended Stay America (NYSE:STAY)
Institutional Ownership Percentage: 99.39%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/3/2017||Paulson & Co. Inc.||Major Shareholder||Sell||10,250,000||$17.23||$176,607,500.00|| |
|3/10/2017||Douglas Gerard Geoga||Director||Buy||15,000||$16.46||$246,900.00|| |
|12/16/2016||Centerbridge Credit Partners G||Major Shareholder||Sell||4,375,000||$16.41||$71,793,750.00|| |
|11/4/2016||Jonathan S Halkyard||Insider||Buy||10,000||$13.83||$138,300.00|| |
|10/4/2016||Paulson & Co. Inc.||Major Shareholder||Sell||4,983,333||$14.16||$70,563,995.28|| |
|3/3/2016||Richard F Wallman||Director||Buy||5,000||$15.00||$75,000.00|| |
|2/26/2016||Richard F Wallman||Director||Buy||30,000||$14.95||$448,500.00|| |
|11/18/2015||Paulson & Co. Inc.||Major Shareholder||Sell||5,000,000||$16.64||$83,200,000.00|| |
|11/16/2015||Richard F Wallman||Director||Buy||40,000||$16.96||$678,400.00|| |
|11/16/2015||Tom Seddon||Insider||Buy||18,900||$16.84||$318,276.00|| |
|5/15/2015||Richard F Wallman||Director||Sell||39,000||$20.10||$783,900.00|| |
|11/26/2014||Howard J Weissman||Insider||Sell||18,606||$18.58||$345,699.48|| |
|11/26/2014||William A Kussell||Director||Sell||15,960||$18.63||$297,334.80|| |
|11/14/2014||Tom Seddon||Insider||Buy||26,450||$18.39||$486,415.50|| |
|11/12/2014||James Donald||Insider||Buy||14,000||$17.86||$250,040.00|| |
|8/12/2014||Real Estate Partner Blackstone||Major Shareholder||Sell||8,050,000||$21.10||$169,855,000.00|| |
Headline Trends for Extended Stay America (NYSE:STAY)
Latest Headlines for Extended Stay America (NYSE:STAY)
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Extended Stay America (STAY) Chart for Sunday, October, 22, 2017