Extended Stay America Company Profile (NYSE:STAY)

About Extended Stay America (NYSE:STAY)

Extended Stay America logoExtended 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: Capitalization:
  • Market Cap: $3.88 billion
  • Outstanding Shares: 194,080,000
Average Prices:
  • 50 Day Moving Avg: $19.15
  • 200 Day Moving Avg: $17.48
  • 52 Week Range: $13.00 - $20.18
P/E:
  • Trailing P/E Ratio: 24.20
  • Foreward P/E Ratio: 17.85
  • P/E Growth: 4.77
Sales & Book Value:
  • Annual Revenue: $1.27 billion
  • Price / Sales: 3.05
  • Book Value: $6.86 per share
  • Price / Book: 2.91
Dividend:
  • Annual Dividend: $0.84
  • Dividend Yield: 4.2%
Profitability:
  • EBIDTA: $597.63 million
  • Net Margins: 5.96%
  • Return on Equity: 14.43%
  • Return on Assets: 4.75%
Debt:
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 0.07%
  • Quick Ratio: 0.07%
Misc:
  • Average Volume: 3.02 million shs.
  • Beta: 1.06
  • Short Ratio: 0.52
 

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 Thursday, April 27th. Shareholders of record on Thursday, May 11th will be given a dividend of $0.21 per share on Thursday, May 25th. This represents a $0.84 annualized dividend and a yield of 4.20%. The ex-dividend date is Tuesday, May 9th. This is a positive change from Extended Stay America's previous quarterly dividend of $0.19. 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 approved a stock buyback program on Thursday, April 6th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 3.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

How were Extended Stay America's earnings last quarter?

Extended Stay America, Inc. (NYSE:STAY) posted its quarterly earnings data on Thursday, April, 27th. The company reported $0.15 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.03. The firm had revenue of $291 million for the quarter, compared to the consensus estimate of $290.20 million. Extended Stay America had a net margin of 5.96% and a return on equity of 14.43%. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 earnings per share. View Extended Stay America's Earnings History.

Where is Extended Stay America's stock going? Where will Extended Stay America's stock price be in 2017?

7 brokers have issued 12 month target prices for Extended Stay America's shares. Their forecasts range from $14.00 to $22.00. On average, they expect Extended Stay America's stock price to reach $18.67 in the next year. View Analyst Ratings for Extended Stay America.

Are investors shorting Extended Stay America?

Extended Stay America saw a increase in short interest during the month of June. As of June 30th, there was short interest totalling 8,445,954 shares, an increase of 120.2% from the June 15th total of 3,834,785 shares. Based on an average daily volume of 3,806,095 shares, the short-interest ratio is currently 2.2 days.

Who are some of Extended Stay America's key competitors?

Who owns Extended Stay America stock?

Extended Stay America's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (1.04%), Vaughan Nelson Investment Management L.P. (0.94%), First Quadrant L P CA (0.76%), Kirr Marbach & Co. LLC IN (0.32%), Reinhart Partners Inc. (0.07%) and Quantitative Systematic Strategies LLC (0.07%). 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 bought Extended Stay America stock? Who is buying Extended Stay America stock?

Extended Stay America's stock was bought by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., First Quadrant L P CA, James Investment Research Inc., Chesley Taft & Associates LLC, Round Table Services LLC, Quantitative Systematic Strategies LLC, Kirr Marbach & Co. LLC IN and 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?

One share of Extended Stay America stock can currently be purchased for approximately $19.99.


MarketBeat Community Rating for Extended Stay America (NYSE STAY)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  136 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  255
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.

Analyst Ratings

Consensus Ratings for Extended Stay America (NYSE:STAY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $18.67 (6.62% downside)

Analysts' Ratings History for Extended Stay America (NYSE:STAY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/29/2017Stifel NicolausReiterated RatingBuy -> Buy$20.00 -> $21.00MediumView Rating Details
2/14/2017Barclays PLCSet Price TargetBuy$22.00N/AView Rating Details
12/15/2016Bank of America CorporationUpgradeNeutral -> BuyN/AView Rating Details
12/5/2016MKM PartnersUpgradeNeutral -> Buy$15.00 -> $19.00N/AView Rating Details
9/26/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$14.00N/AView Rating Details
8/17/2016Citigroup Inc.Lower Price TargetNeutral$15.50 -> $15.00N/AView Rating Details
7/29/2016Deutsche Bank AGLower Price TargetBuy$22.00 -> $21.00N/AView Rating Details
6/6/2016NomuraReiterated RatingBuy$20.00N/AView Rating Details
4/26/2016Morgan StanleyReiterated RatingHoldN/AView Rating Details
2/26/2016MacquarieReiterated RatingOutperform$25.00N/AView Rating Details
2/16/2016Robert W. BairdLower Price Target$22.00 -> $18.00N/AView Rating Details
1/29/2016Susquehanna Bancshares IncLower Price TargetNeutral$22.00 -> $14.00N/AView Rating Details
(Data available from 7/21/2015 forward)

Earnings

Earnings History for Extended Stay America (NYSE:STAY)
Earnings by Quarter for Extended Stay America (NYSE:STAY)
Earnings History by Quarter for Extended Stay America (NYSE STAY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.12$0.15$290.20 million$291.00 millionViewN/AView Earnings Details
2/28/2017Q416$0.14$0.20$292.55 million$295.70 millionViewListenView Earnings Details
10/25/2016Q316$0.34$0.36$268.77 million$354.50 millionViewListenView Earnings Details
7/28/2016Q216$0.29$0.31$337.47 million$332.80 millionViewListenView Earnings Details
4/26/2016Q116$0.12$0.13$285.37 million$287.60 millionViewListenView Earnings Details
2/23/2016Q415$0.13$0.15$295.84 million$296.30 millionViewListenView Earnings Details
10/27/2015Q315$0.31$0.33$358.96 million$360.50 millionViewListenView Earnings Details
7/30/2015Q215$0.28$0.33$341.62 million$340.30 millionViewListenView Earnings Details
4/30/2015Q115$0.14$0.15$285.70 million$287.60 millionViewN/AView Earnings Details
2/26/2015Q414$0.14$0.16$280.94 million$282.70 millionViewN/AView Earnings Details
11/7/2014Q314$0.34$0.29$344.00 million$338.60 millionViewN/AView Earnings Details
7/31/2014Q214$0.28$0.27$319.11 million$321.90 millionViewN/AView Earnings Details
5/7/2014Q114$0.12$0.11$267.88 million$270.30 millionViewN/AView Earnings Details
12/18/2013Q3$0.28ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Extended Stay America (NYSE:STAY)
Current Year EPS Consensus Estimate: $1.03 EPS
Next Year EPS Consensus Estimate: $1.12 EPS

Dividends

Current Dividend Information for Extended Stay America (NYSE:STAY)
Most Recent Dividend:5/25/2017
Annual Dividend:$0.84
Dividend Yield:4.20%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:227.03% (Trailing 12 Months of Earnings)
81.55% (Based on This Year's Estimates)
75.00% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Extended Stay America (NYSE:STAY)

Dividend History by Quarter for Extended Stay America (NYSE STAY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.214.71%5/9/20175/11/20175/25/2017
2/28/2017Quarterly$0.194.4%3/10/20173/14/20173/28/2017
10/26/2016Quarterly$0.1911/4/201611/8/201611/22/2016
10/25/2016quarterly$0.195.48%11/4/201611/8/201611/25/2016
7/29/2016quarterly$0.195.37%8/9/20168/11/20168/25/2016
4/27/2016quarterly$0.194.82%5/6/20165/10/20165/24/2016
2/23/2016quarterly$0.174.95%3/4/20163/8/20163/22/2016
12/10/2015$0.2512/30/20151/4/20161/18/2016
10/28/2015quarterly$0.173.48%11/6/201511/10/201511/24/2015
7/30/2015quarterly$0.173.6%8/11/20158/13/20158/27/2015
5/1/2015quarterly$0.173.28%5/12/20155/14/20155/28/2015
2/27/2015quarterly$0.153.11%3/10/20153/12/20153/26/2015
11/7/2014quarterly$0.153.25%11/18/201411/20/201412/5/2014
7/31/2014quarterly$0.152.65%8/12/20148/14/20148/28/2014
4/24/2014quarterly$0.152.7%5/6/20145/8/20145/22/2014
2/26/2014quarterly$0.083/10/20143/12/20143/26/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Extended Stay America (NYSE:STAY)
Insider Ownership Percentage: 0.49%
Institutional Ownership Percentage: 92.27%
Insider Trades by Quarter for Extended Stay America (NYSE:STAY)
Institutional Ownership by Quarter for Extended Stay America (NYSE:STAY)
Insider Trades by Quarter for Extended Stay America (NYSE:STAY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/3/2017Paulson & Co. Inc.Major ShareholderSell10,250,000$17.23$176,607,500.00View SEC Filing  
3/10/2017Douglas Gerard GeogaDirectorBuy15,000$16.46$246,900.00View SEC Filing  
12/16/2016Centerbridge Credit Partners GMajor ShareholderSell4,375,000$16.41$71,793,750.00View SEC Filing  
11/4/2016Jonathan S HalkyardInsiderBuy10,000$13.83$138,300.00View SEC Filing  
10/4/2016Paulson & Co. Inc.Major ShareholderSell4,983,333$14.16$70,563,995.28View SEC Filing  
3/3/2016Richard F WallmanDirectorBuy5,000$15.00$75,000.00View SEC Filing  
2/26/2016Richard F WallmanDirectorBuy30,000$14.95$448,500.00View SEC Filing  
11/18/2015Paulson & Co. Inc.Major ShareholderSell5,000,000$16.64$83,200,000.00View SEC Filing  
11/16/2015Richard F WallmanDirectorBuy40,000$16.96$678,400.00View SEC Filing  
11/16/2015Tom SeddonInsiderBuy18,900$16.84$318,276.00View SEC Filing  
5/15/2015Richard F WallmanDirectorSell39,000$20.10$783,900.00View SEC Filing  
11/26/2014Howard J WeissmanInsiderSell18,606$18.58$345,699.48View SEC Filing  
11/26/2014William A KussellDirectorSell15,960$18.63$297,334.80View SEC Filing  
11/14/2014Tom SeddonInsiderBuy26,450$18.39$486,415.50View SEC Filing  
11/12/2014James DonaldInsiderBuy14,000$17.86$250,040.00View SEC Filing  
8/12/2014Real Estate Partner BlackstoneMajor ShareholderSell8,050,000$21.10$169,855,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Extended Stay America (NYSE:STAY)
Latest Headlines for Extended Stay America (NYSE:STAY)
Source:
DateHeadline
bizjournals.com logoExtended Stay America® Completes $1 Billion Renovation And Improvement Initiative
www.bizjournals.com - July 21 at 7:27 AM
finance.yahoo.com logoExtended Stay America Announces Dates for Second Quarter Earnings Release and Conference Call
finance.yahoo.com - July 18 at 8:31 AM
americanbankingnews.com logoExtended Stay America, Inc. (NYSE:STAY) Sees Significant Increase in Short Interest
www.americanbankingnews.com - July 18 at 7:18 AM
americanbankingnews.com logoExtended Stay America, Inc. (STAY) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - July 17 at 4:52 PM
americanbankingnews.com logoExtended Stay America, Inc. (STAY) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 8 at 4:06 PM
americanbankingnews.com logo$343.63 Million in Sales Expected for Extended Stay America, Inc. (STAY) This Quarter
www.americanbankingnews.com - July 7 at 2:14 PM
streetinsider.com logoExtended Stay America (STAY) Announces Appointment of Jodie McLean to Board of Directors
www.streetinsider.com - July 6 at 10:52 AM
businesswire.com logoExtended Stay America, Inc. Announces Appointment of Jodie W. McLean to Board of Directors
www.businesswire.com - July 6 at 10:52 AM
finance.yahoo.com logoPE firm Centerbridge to buy enterprise software firms from Clearlake
finance.yahoo.com - July 6 at 10:52 AM
americanbankingnews.com logo Brokerages Expect Extended Stay America, Inc. (STAY) Will Post Earnings of $0.32 Per Share
www.americanbankingnews.com - July 5 at 11:33 AM
americanbankingnews.com logoShort Interest in Extended Stay America, Inc. (NYSE:STAY) Increases By 161.2%
www.americanbankingnews.com - July 3 at 7:18 AM
americanbankingnews.com logoExtended Stay America's (NYSE:STAY) Buy Rating Reaffirmed at Stifel Nicolaus
www.americanbankingnews.com - July 2 at 12:32 AM
americanbankingnews.com logoBidaskClub Upgrades Extended Stay America, Inc. (STAY) to Strong-Buy
www.americanbankingnews.com - June 27 at 8:22 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for June 27th
finance.yahoo.com - June 27 at 8:06 PM
nasdaq.com logoExtended Stay America Reaches Analyst Target Price
www.nasdaq.com - June 27 at 8:42 AM
americanbankingnews.com logoExtended Stay America, Inc. (STAY) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 20 at 4:28 PM
americanbankingnews.com logoHead to Head Review: Extended Stay America (STAY) and Belmond (BEL)
www.americanbankingnews.com - June 19 at 7:54 AM
americanbankingnews.com logoExtended Stay America, Inc. (STAY) Short Interest Update
www.americanbankingnews.com - June 17 at 7:10 AM
finance.yahoo.com logoExtended Stay America Announces Repurchase of Preferred Shares
finance.yahoo.com - June 15 at 4:25 PM
finance.yahoo.com logoExtended Stay America settles lawsuit over trade secrets against WoodSpring Hotels
finance.yahoo.com - June 15 at 1:23 AM
americanbankingnews.com logoHead-To-Head Comparison: Expedia (EXPE) and Extended Stay America (STAY)
www.americanbankingnews.com - June 13 at 4:48 PM
reuters.com logoBRIEF-Extended Stay America resolves lawsuit over trade secrets with competitors
www.reuters.com - June 12 at 7:28 PM
finance.yahoo.com logoExtended Stay America, Inc. Announces Resolution of Lawsuit Against WoodSpring Hotels LLC, Michael Docteroff and Bernadette Ruby
finance.yahoo.com - June 12 at 7:28 PM
americanbankingnews.com logoZacks: Analysts Expect Extended Stay America Inc (STAY) Will Post Quarterly Sales of $343.63 Million
www.americanbankingnews.com - June 11 at 9:44 AM
americanbankingnews.com logoExtended Stay America (STAY) vs. Morgans Hotel Group (MHGC) Financial Contrast
www.americanbankingnews.com - June 10 at 7:54 AM
americanbankingnews.com logo Brokerages Expect Extended Stay America Inc (STAY) Will Announce Earnings of $0.32 Per Share
www.americanbankingnews.com - June 9 at 7:40 AM
finance.yahoo.com logoExtended Stay America to Present at the 2017 Baird Global Consumer, Technology and Services Conference
finance.yahoo.com - June 5 at 10:10 PM
reuters.com logoBRIEF-Extended Stay America announces pricing of underwritten secondary offering of 25 mln paired shares
www.reuters.com - June 2 at 12:36 AM
americanbankingnews.com logoExtended Stay America's (STAY) Buy Rating Reaffirmed at Stifel Nicolaus
www.americanbankingnews.com - May 31 at 9:23 AM
streetinsider.com logoExtended Stay America (STAY) Announces 25M Secondary Offering & Repurchase of Paired Shares
www.streetinsider.com - May 30 at 7:39 PM
americanbankingnews.com logoValuEngine Upgrades Extended Stay America Inc (STAY) to "Buy"
www.americanbankingnews.com - May 27 at 3:14 PM
americanbankingnews.com logoExtended Stay America Inc (STAY) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 26 at 5:17 PM
americanbankingnews.com logoShort Interest in Extended Stay America Inc (STAY) Grows By 109.0%
www.americanbankingnews.com - May 25 at 7:00 PM
reuters.com logoBRIEF-Extended Stay America, ESH Hospitality elect new board members
www.reuters.com - May 25 at 3:22 AM
finance.yahoo.com logoExtended Stay America, Inc. and ESH Hospitality, Inc. Announce Election of New Board Members
finance.yahoo.com - May 23 at 7:26 PM
americanbankingnews.com logoExtended Stay America Inc (STAY) Expected to Post Quarterly Sales of $343.63 Million
www.americanbankingnews.com - May 17 at 1:14 PM
americanbankingnews.com logo$0.32 EPS Expected for Extended Stay America Inc (STAY) This Quarter
www.americanbankingnews.com - May 15 at 11:14 AM
finance.yahoo.com logoExtended Stay America, Inc. : STAY-US: Dividend Analysis : May 11th, 2017 (record date) : By the numbers : May 9, 2017
finance.yahoo.com - May 9 at 7:31 PM
americanbankingnews.com logoTheStreet Upgrades Extended Stay America Inc (STAY) to "B"
www.americanbankingnews.com - May 9 at 3:16 PM
nasdaq.com logoEx-Dividend Reminder: Extended Stay America, Wynn Resorts and TJX Companies
www.nasdaq.com - May 5 at 10:43 PM
americanbankingnews.com logoPaulson & Co. Inc. Sells 10,250,000 Shares of Extended Stay America Inc (STAY) Stock
www.americanbankingnews.com - May 5 at 7:55 PM
americanbankingnews.com logoExtended Stay America (STAY) Receives News Impact Rating of 0.04
www.americanbankingnews.com - May 2 at 9:04 PM
finance.yahoo.com logoETFs with exposure to Extended Stay America, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 5:52 PM
americanbankingnews.com logoExtended Stay America Inc (STAY) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 1 at 8:30 PM
finance.yahoo.com logoExtended Stay America, Inc. :STAY-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 7:13 PM
americanbankingnews.com logoPositive News Coverage Likely to Affect Extended Stay America (STAY) Share Price
www.americanbankingnews.com - April 29 at 10:22 PM
americanbankingnews.com logoExtended Stay America Inc (STAY) Posts Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - April 28 at 9:08 PM
finance.yahoo.com logoExtended Stay America Announces Distributions for First Quarter 2017
finance.yahoo.com - April 28 at 8:47 PM
finance.yahoo.com logoEdited Transcript of STAY earnings conference call or presentation 27-Apr-17 1:00pm GMT
finance.yahoo.com - April 28 at 8:47 PM
americanbankingnews.com logoStifel Nicolaus Reaffirms Buy Rating for Extended Stay America Inc (STAY)
www.americanbankingnews.com - April 28 at 5:46 PM

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Chart

Extended Stay America (STAY) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff