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
Industry LEISURE SERVICES
Trailing P/E Ratio19.96
Forward P/E Ratio18.15
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales2.97
Cash Flow$2.24 per share
Price / Cash8.93
Book Value$7.00 per share
Price / Book2.85
Net Income$78.84 million
Return on Equity14.42%
Return on Assets4.71%
Extended Stay America (NYSE:STAY) Frequently Asked Questions
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 announced a quarterly dividend on Wednesday, February 28th. Shareholders of record on Tuesday, March 13th will be paid a dividend of $0.21 per share on Tuesday, March 27th. This represents a $0.84 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Monday, March 12th. 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 Tuesday, February 27th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.
How were Extended Stay America's earnings last quarter?
Extended Stay America Inc (NYSE:STAY) issued its earnings results on Tuesday, February, 27th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm earned $302.50 million during the quarter, compared to analyst estimates of $299.75 million. Extended Stay America had a net margin of 6.15% and a return on equity of 14.42%. The firm's quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.20 earnings per share. 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 2018?
8 Wall Street analysts have issued 12-month price targets for Extended Stay America's stock. Their forecasts range from $18.00 to $23.00. On average, they expect Extended Stay America's stock price to reach $20.94 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 International Game Technology (IGT), Madison Square Garden (MSG), SJM (SJMHF), Six Flags Entertainment (SIX), Merlin Entertainme (MERLY), Choice Hotels (CHH), Ladbrokes Coral Group (LDCOY), Cinemark (CNK), Hilton Grand Vacations (HGV), The Stars Group (TSG), ILG (ILG), William Hill (WIMHY), Planet Fitness (PLNT), Marriott Vacations Worldwide (VAC), Cedar Fair (FUN), Boyd Gaming (BYD), Red Rock Resorts (RRR) and Churchill Downs (CHDN).
Who are Extended Stay America's key executives?
Extended Stay America's management team includes the folowing people:
- Douglas G. Geoga, Independent Chairman of the Board (Age 61)
- Gerardo I. Lopez, President, Chief Executive Officer, Director (Age 58)
- Jonathan S. Halkyard, Chief Financial Officer (Age 52)
- Thomas J. Bardenett, Chief Operating Officer (Age 54)
- Kevin A. Henry, Chief Human Resource Officer (Age 49)
- M. Thomas Buoy, Executive Vice President - Marketing and Revenue Management (Age 48)
- Simon Mendy, Executive Vice President - Operations (Age 40)
- Howard J. Weissman, Chief Accounting Officer, Corporate Controller (Age 48)
- Ames B. Flynn, Chief Information Officer (Age 52)
- John R. Dent, General Counsel, Corporate Secretary (Age 53)
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 BlackRock Inc. (4.93%), Investec Asset Management LTD (4.52%), Hamlin Capital Management LLC (2.70%), River Road Asset Management LLC (1.93%), Goldman Sachs Group Inc. (1.93%) and Burgundy Asset Management Ltd. (1.75%). Company insiders that own Extended Stay America stock include Centerbridge Credit Partners G, Douglas Gerard Geoga, Jonathan S Halkyard, Kevin A Henry and Paulson & Co Inc. 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 CI Global Investments Inc., Millennium Management LLC, AEW Capital Management L P, Cornerstone Capital Management Holdings LLC., Jane Street Group LLC, Teachers Advisors LLC, Fred Alger Management Inc. and Franklin Street Advisors Inc. NC. Company insiders that have sold Extended Stay America company stock in the last year include Kevin A Henry 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 acquired by a variety of institutional investors in the last quarter, including Engine Capital Management LLC, Burgundy Asset Management Ltd., Arrowstreet Capital Limited Partnership, Vaughan Nelson Investment Management L.P., Corsair Capital Management L.P., OppenheimerFunds Inc., Schwab Charles Investment Management Inc. and Capital Fund Management S.A.. Company insiders that have bought Extended Stay America stock in the last two years include Douglas Gerard Geoga and Jonathan S Halkyard. 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Extended Stay America's stock price today?
One share of Extended Stay America stock can currently be purchased for approximately $19.96.
How big of a company is Extended Stay America?
Extended Stay America has a market capitalization of $3.81 billion and generates $1.28 billion in revenue each year. The company earns $78.84 million in net income (profit) each year or $0.41 on an earnings per share basis. Extended Stay America employs 8,400 workers across the globe.
How can I contact Extended Stay America?
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]
MarketBeat Community Rating for Extended Stay America (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.
Extended Stay America (NYSE:STAY) Earnings History and Estimates Chart
Extended Stay America (NYSE STAY) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/27/2018||Q4 2017||$0.17||$0.19||$299.75 million||$302.50 million||View||Listen|
|11/7/2017||Q3 2017||$0.37||$0.35||$359.70 million||$350.86 million||View||N/A|
|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|
|2/26/2014||Q4 2013||$0.13||($0.06)||$271.09 million||$268.77 million||View||N/A|
Extended Stay America (NYSE:STAY) Earnings Estimates
Current Year EPS Consensus Estimate: $1.1 EPS
Next Year EPS Consensus Estimate: $1.14 EPS
Extended Stay America (NYSE:STAY) Dividend Information
|Dividend Growth:||15.70% (3 Year Average)|
|Payout Ratio:||204.88% (Trailing 12 Months of Earnings) |
76.36% (Based on This Year's Estimates)
73.68% (Based on Next Year's Estimates)
|Track Record:||3 Years of Consecutive Dividend Growth|
Extended Stay America (NYSE:STAY) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Extended Stay America (NYSE STAY) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.57%
Institutional Ownership Percentage: 98.89%
Extended Stay America (NYSE STAY) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/8/2018||Kevin A Henry||Insider||Sell||10,000||$19.23||$192,300.00||117,196|| |
|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||126,408|| |
|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||319,566|| |
|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||112,234|| |
|11/16/2015||Tom Seddon||Insider||Buy||18,900||$16.84||$318,276.00||264,455|| |
|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|| |
Extended Stay America (NYSE STAY) News Headlines
|Extended Stay America Inc (STAY) Insider Sells $192,300.00 in Stock|
www.americanbankingnews.com - March 8 at 6:44 PM
|HGI Capital Management LLC Takes $2.43 Million Position in Extended Stay America Inc (STAY)|
www.americanbankingnews.com - March 6 at 2:54 PM
|Landscape Capital Management L.L.C. Sells 97,156 Shares of Extended Stay America Inc (STAY)|
www.americanbankingnews.com - March 6 at 1:04 PM
|Simcoe Capital Management LLC Increases Stake in Extended Stay America Inc (STAY)|
www.americanbankingnews.com - March 6 at 9:51 AM
|Extended Stay America to Participate at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum|
finance.yahoo.com - March 5 at 9:25 AM
|$288.71 Million in Sales Expected for Extended Stay America Inc (STAY) This Quarter|
www.americanbankingnews.com - March 4 at 2:22 AM
|Extended Stay America Inc (STAY) Expected to Announce Earnings of $0.16 Per Share|
www.americanbankingnews.com - March 2 at 7:16 PM
|Teacher Retirement System of Texas Buys 48,957 Shares of Extended Stay America Inc (STAY)|
www.americanbankingnews.com - March 2 at 7:01 PM
|Extended Stay America Inc (STAY) Shares Sold by Investec Asset Management LTD|
www.americanbankingnews.com - March 1 at 4:58 PM
|Extended Stay America, Inc. 2017 Q4 - Results - Earnings Call Slides|
seekingalpha.com - March 1 at 8:59 AM
|Extended Stay America Inc Declares Quarterly Dividend of $0.21 (STAY)|
www.americanbankingnews.com - February 28 at 5:18 PM
|Extended Stay America (STAY) PT Raised to $22.00|
www.americanbankingnews.com - February 28 at 1:40 PM
|Extended Stay (STAY) Surpasses Q4 Earnings & Sales Estimates|
finance.yahoo.com - February 27 at 5:12 PM
|Extended Stay America Inc (STAY) Receives Average Rating of "Buy" from Brokerages|
www.americanbankingnews.com - February 27 at 3:40 PM
|Extended Stay America (STAY) to Buyback $100.00 million in Outstanding Shares|
www.americanbankingnews.com - February 27 at 11:30 AM
|Extended Stay America (STAY) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS|
www.americanbankingnews.com - February 27 at 9:46 AM
|Extended Stay America, Inc. to Host Earnings Call|
finance.yahoo.com - February 27 at 9:16 AM
|Extended Stay America Announces Distributions for Fourth Quarter 2017|
finance.yahoo.com - February 27 at 9:16 AM
|Extended Stay America and Three Wall Capital Announce Completed 25 Hotel Sale and Management Contract|
finance.yahoo.com - February 27 at 9:16 AM
|Extended Stay America Announces Fourth Quarter And Full Year 2017 Results|
finance.yahoo.com - February 27 at 9:16 AM
|Extended Stay America Target of Unusually High Options Trading (STAY)|
www.americanbankingnews.com - February 27 at 8:38 AM
|What's in the Cards for Extended Stay (STAY) in Q4 Earnings?|
finance.yahoo.com - February 26 at 5:06 PM
|Extended Stay America Inc (STAY) Stake Raised by OppenheimerFunds Inc.|
www.americanbankingnews.com - February 26 at 1:48 PM
|Extended Stay America Inc (STAY) Shares Bought by State of Wisconsin Investment Board|
www.americanbankingnews.com - February 26 at 11:46 AM
|Extended Stay America, Inc. Announces Appointment of Ellen Keszler to Board of Directors|
finance.yahoo.com - February 26 at 9:08 AM
|Extended Stay America Inc (STAY) Holdings Lifted by Swiss National Bank|
www.americanbankingnews.com - February 26 at 8:26 AM
|Burgundy Asset Management Ltd. Acquires 847,811 Shares of Extended Stay America Inc (STAY)|
www.americanbankingnews.com - February 26 at 5:19 AM
|Arrowstreet Capital Limited Partnership Boosts Position in Extended Stay America Inc (STAY)|
www.americanbankingnews.com - February 25 at 4:20 AM
|Zacks Investment Research Upgrades Extended Stay America (STAY) to Buy|
www.americanbankingnews.com - February 21 at 2:34 PM
|Top Ranked Income Stocks to Buy for February 20th|
www.zacks.com - February 20 at 5:03 PM
|Building a Board for a Private Equity Portfolio Company: Who Makes the Cut?|
www.bizjournals.com - February 20 at 5:03 PM
|Extended Stay America (STAY) Scheduled to Post Quarterly Earnings on Monday|
www.americanbankingnews.com - February 19 at 4:30 AM
|Zacks: Analysts Anticipate Extended Stay America Inc (STAY) Will Announce Quarterly Sales of $301.06 Million|
www.americanbankingnews.com - February 16 at 11:06 AM
|Should Value Investors Pick Extended Stay America (STAY) Stock?|
finance.yahoo.com - February 15 at 4:44 PM
|Extended Stay America Inc (STAY) Expected to Post Earnings of $0.17 Per Share|
www.americanbankingnews.com - February 14 at 3:18 AM
|Extended Stay America Announces Dates for Fourth Quarter Earnings Release, Conference Call and Annual Meeting|
finance.yahoo.com - February 12 at 4:22 PM
|Extended Stay America Inc (STAY) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - February 2 at 3:50 PM
|Extended Stay America Inc (STAY) Expected to Post Quarterly Sales of $301.06 Million|
www.americanbankingnews.com - January 30 at 9:58 AM
|Extended Stay America Announces Tax Treatment for 2017 Distributions|
finance.yahoo.com - January 30 at 9:47 AM
|$0.17 Earnings Per Share Expected for Extended Stay America Inc (STAY) This Quarter|
www.americanbankingnews.com - January 28 at 3:18 AM
|Investors Buy Large Volume of Extended Stay America Call Options (STAY)|
www.americanbankingnews.com - January 27 at 1:44 AM
|Extended Stay America Inc (STAY) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - January 8 at 3:40 PM
|BRIEF-Extended Stay America Inc Announces Extension Of Paired Share Repurchase Authorization|
www.reuters.com - January 3 at 3:54 PM
|Extended Stay America Announces Extension of Paired Share Repurchase Authorization|
finance.yahoo.com - January 2 at 4:20 PM
|ETFs with exposure to Extended Stay America, Inc. : December 27, 2017|
finance.yahoo.com - December 27 at 12:19 PM
|$0.16 Earnings Per Share Expected for Extended Stay America Inc (STAY) This Quarter|
www.americanbankingnews.com - December 25 at 3:24 PM
|Extended Stay America, Inc. breached its 50 day moving average in a Bullish Manner : STAY-US : December 21, 2017|
finance.yahoo.com - December 21 at 11:04 AM
|First Week of February 2018 Options Trading For Extended Stay America (STAY)|
www.nasdaq.com - December 19 at 3:53 PM
|Extended Stay America's Stock Gains on Raised 2017 Guidance|
www.zacks.com - December 19 at 11:07 AM
|Extended Stay America Announces Leadership Transition and Updates 2017 Guidance|
finance.yahoo.com - December 19 at 11:07 AM
Extended Stay America (NYSE:STAY) SEC Filings
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Extended Stay America (NYSE:STAY) Income Statement, Balance Sheet and Cash Flow Statement
Extended Stay America (NYSE STAY) Stock Chart for Sunday, March, 18, 2018