NYSE:STAY - Extended Stay America Stock Price, Forecast & News

Extended Stay America trades on the New York Stock Exchange (NYSE) under the ticker symbol "STAY."

Extended Stay America declared a quarterly dividend on Wednesday, November 6th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.23 per share on Wednesday, December 4th. This represents a $0.92 annualized dividend and a yield of 6.42%. The ex-dividend date of this dividend is Tuesday, November 19th. View Extended Stay America's Dividend History.

Extended Stay America declared that its Board of Directors has initiated a stock buyback program on Tuesday, February 27th 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its stock is undervalued.

Extended Stay America (NYSE:STAY) issued its quarterly earnings data on Wednesday, November, 6th. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.02. The company earned $332.70 million during the quarter, compared to the consensus estimate of $331.69 million. Extended Stay America's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period last year, the business earned $0.39 EPS. View Extended Stay America's Earnings History.

Extended Stay America is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Extended Stay America.

Extended Stay America issued an update on its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share guidance of $0.93-1.01 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.04. The company issued revenue guidance of $1.205-1.215 billion, compared to the consensus revenue estimate of $1.22 billion.

9 equities research analysts have issued 12 month target prices for Extended Stay America's stock. Their forecasts range from $15.00 to $21.00. On average, they anticipate Extended Stay America's share price to reach $17.22 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for Extended Stay America.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extended Stay America in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Extended Stay America.

News coverage about STAY stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Extended Stay America earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Extended Stay America.

Some companies that are related to Extended Stay America include Huazhu Group (HTHT), Caesars Entertainment (CZR), Hyatt Hotels (H), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Wyndham Destinations (WYND), Eldorado Resorts (ERI), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO), Red Rock Resorts (RRR), Penn National Gaming (PENN), Xenia Hotels & Resorts (XHR), Studio City International (MSC) and GreenTree Hospitality Group (GHG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Extended Stay America investors own include Energy Transfer LP Unit (ET), Ford Motor (F), AT&T (T), Activision Blizzard (ATVI), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), Broadcom (AVGO), Best Buy (BBY), ANNALY CAP MGMT/SH (NLY) and Procter & Gamble (PG).

Extended Stay America's stock is owned by many different of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (2.98%), Barclays PLC (1.37%), State Street Corp (1.30%), Voya Investment Management LLC (1.21%), Peregrine Capital Management LLC (0.75%) and SG Americas Securities LLC (0.70%). Company insiders that own Extended Stay America stock include Ames Flynn, Brian T Nicholson, Bruce N Haase, Douglas Gerard Geoga, Jonathan S Halkyard, Kevin A Henry and Richard F Wallman. View Institutional Ownership Trends for Extended Stay America.

STAY stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Peregrine Capital Management LLC, Voya Investment Management LLC, Man Group plc, Millennium Management LLC, Engine Capital Management LP, Russell Investments Group Ltd. and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Extended Stay America.

STAY stock was purchased by a variety of institutional investors in the last quarter, including Barclays PLC, Boston Partners, Mackay Shields LLC, River Road Asset Management LLC, SG Americas Securities LLC, Stephens Inc. AR, Squarepoint Ops LLC and California Public Employees Retirement System. Company insiders that have bought Extended Stay America stock in the last two years include Ames Flynn, Brian T Nicholson, Bruce N Haase, Douglas Gerard Geoga and Jonathan S Halkyard. View Insider Buying and Selling for Extended Stay America.

Shares of STAY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of STAY stock can currently be purchased for approximately $14.33.

Extended Stay America has a market capitalization of $2.62 billion. View Additional Information About Extended Stay America.

The official website for Extended Stay America is http://www.extendedstayamerica.com/.

Extended Stay America's mailing address is 11525 N. COMMUNITY HOUSE ROAD SUITE 100, CHARLOTTE NC, 28277. The company can be reached via phone at 980-345-1600 or via email at [email protected]