About Extended Stay America (NYSE:STAY)
Extended Stay America, Inc., together with its subsidiaries, owns, operates, and manages hotels in the United States. As of February 27, 2018, it had 599 hotels and approximately 66,000 rooms, as well as managed 26 hotels under the Extended Stay America brand. It serves customers in the mid-priced extended stay segment. The company also relicenses Extended Stay America brand to unaffiliated third parties. Extended Stay America, Inc. was founded in 1995 and is headquartered in Charlotte, North Carolina.
Industry, Sector and Symbol
Industry Hotels & motels
Trailing P/E Ratio19.93
Forward P/E Ratio17.79
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales2.97
Cash Flow$2.2194 per share
Price / Cash8.98
Book Value$7.00 per share
Price / Book2.85
EPS (Most Recent Fiscal Year)$1.00
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. Investors 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 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date 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 has approved a stock buyback plan on Tuesday, February 27th 2018, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.
How were Extended Stay America's earnings last quarter?
Extended Stay America (NYSE:STAY) announced its quarterly earnings results on Tuesday, February, 27th. The company reported $0.19 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.02. The business had revenue of $302.50 million for the quarter, compared to analysts' expectations of $299.75 million. Extended Stay America had a net margin of 6.15% and a return on equity of 14.42%. Extended Stay America's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the company posted $0.20 EPS. View Extended Stay America's Earnings History.
When is Extended Stay America's next earnings date?
What price target have analysts set for STAY?
8 brokerages have issued 12-month price targets for Extended Stay America's shares. Their predictions range from $20.00 to $23.00. On average, they expect Extended Stay America's share price to reach $21.3125 in the next twelve months. 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 InterContinental Hotels Group (IHG), Wyndham Worldwide (WYN), Hyatt (H), Huazhu Hotels Group (HTHT), Caesars Entertainment (CZR), Park Hotels & Resorts (PK), Choice Hotels (CHH), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO), Red Rock Resorts (RRR), Eldorado Resorts (ERI), Penn National Gaming (PENN), La Quinta (LQ), Xenia Hotels & Resorts (XHR) and Pinnacle Entertainment (PNK).
Who are Extended Stay America's key executives?
Extended Stay America's management team includes the folowing people:
- Mr. Jonathan S. Halkyard, Pres, CEO & Director (Age 53)
- Mr. John R. Dent, Gen. Counsel and Corp. Sec. (Age 54)
- Mr. Kevin A. Henry, Chief HR Officer and Exec. VP of HR (Age 50)
- Mr. Gerardo I. Lopez, Sr. Advisor (Age 59)
- Mr. David Clarkson, Interim Chief Financial Officer (Age 46)
Has Extended Stay America been receiving favorable news coverage?
News stories about STAY stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Extended Stay America earned a media sentiment score of 0.09 on Accern's scale. They also gave press coverage about the company an impact score of 45.38 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Extended Stay America's stock price today?
One share of STAY stock can currently be purchased for approximately $19.93.
How big of a company is Extended Stay America?
Extended Stay America has a market capitalization of $3.84 billion and generates $1.28 billion in revenue each year. The company earns $78.84 million in net income (profit) each year or $1.00 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 STAY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STAY will underperform the S&P 500 over the long term. You may vote once every thirty days.
Extended Stay America (NYSE:STAY) Dividend Information
Extended Stay America pays an annual dividend of $0.84 per share, with a dividend yield of 4.21%. STAY's most recent quarterly dividend payment was Tuesday, March 27. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 15.70% each year. Extended Stay America pays out 84.00% of its earnings out as a dividend.
|Most Recent Dividend:||3/27/2018|
|Dividend Growth:||15.70% (3 Year Average)|
|Payout Ratio:||84.00% (Trailing 12 Months of Earnings) |
75.00% (Based on This Year's Estimates)
70.59% (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: 0.72%
Extended Stay America (NYSE STAY) Insider Trading History
(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 (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 Tuesday, April, 24, 2018