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. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date is Tuesday, November 19th. View Extended Stay America's Dividend History.

Extended Stay America announced that its board has authorized a share repurchase plan on Tuesday, February 27th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Extended Stay America (NYSE:STAY) posted its earnings results on Wednesday, November, 6th. The company reported $0.33 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.02. The business had revenue of $332.70 million for the quarter, compared to the consensus estimate of $331.69 million. Extended Stay America's revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.39 earnings per share. 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 (EPS) guidance of $0.93-1.01 for the period, compared to the Thomson Reuters consensus 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 twelve-month price targets for Extended Stay America's shares. Their forecasts range from $15.00 to $21.00. On average, they anticipate Extended Stay America's stock price to reach $17.22 in the next year. This suggests a possible upside of 19.2% 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.

Headlines about STAY stock have trended negative on Sunday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Extended Stay America earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Extended Stay America.

Some companies that are related to Extended Stay America include Melco Resorts & Entertainment (MLCO), 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) and Studio City International (MSC).

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 a number of of retail and institutional investors. Top institutional shareholders 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, 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 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 $14.45.

Extended Stay America has a market capitalization of $2.64 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]