Extended Stay America, Inc. (STAY)
| Market Cap | 3.64B |
| Revenue (ttm) | 1.04B |
| Net Income (ttm) | 20.63M |
| Shares Out | 177.83M |
| EPS (ttm) | 0.57 |
| PE Ratio | 36.15 |
| Forward PE | n/a |
| Dividend | $0.20 (0.98%) |
| Ex-Dividend Date | Mar 11, 2021 |
| Volume | 1 |
| Open | - |
| Previous Close | 20.46 |
| Day's Range | 20.44 - 20.47 |
| 52-Week Range | 10.31 - 20.47 |
| Beta | 1.92 |
| Analysts | Buy |
| Price Target | 19.50 (-4.7%) |
| Est. Earnings Date | Aug 9, 2021 |
About STAY
Extended Stay America, Inc., together with its subsidiaries, owns, operates, develops, and manages hotels in the United States. As of December 31, 2020, the company had a network of 646 hotels. It serves customers in the mid-priced extended stay segment. The company also licenses Extended Stay America brand to third-party franchisees. Extended Stay America, Inc. was founded in 1995 and is headquartered in Charlotte, North Carolina.
Financial Performance
In 2020, STAY's revenue was $1.04 billion, a decrease of -14.44% compared to the previous year's $1.22 billion. Earnings were $23.27 million, a decrease of -66.60%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for STAY stock is "Buy." The 12-month stock price forecast is 19.50, which is a decrease of -4.69% from the latest price.
News
As Pet Travel Grows, Hilton Extended Stay Hotels Go 100% Pet-Friendly By 2022
In a growing travel trend, people are traveling more with their pets. Hilton is taking notice by making all of its extended stay brands pet-friendly by 2022.
Extended Stay America Launches Premier Suites
Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties Across the U.S. Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties ...
Blackstone and Starwood Capital Group Complete Acquisition of Extended Stay America
CHARLOTTE, N.C., June 16, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and, together with ESA, “Extended Stay” or the “Company”) (...
Extended Stay America Shareholders Vote to Approve Transaction With Blackstone and Starwood Capital
CHARLOTTE, N.C., June 11, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and, together with ESA, “Extended Stay” or the “Company”) (...
Why Is Extended Stay America (STAY) Up 2.6% Since Last Earnings Report?
Extended Stay America (STAY) reported earnings 30 days ago. What's next for the stock?
3 Stocks Paying Special Dividends in June
According to the Upcoming Special Dividends page, a Premium feature of GuruFocus, three stocks that are paying a one-time cash dividend during June are Capitol Federal Financial Inc. ( CFFN , Financial)...
Tarsadia Issues Open Letter Urging Extended Stay America Shareholders to Vote Against Proposed Sale to Blackstone and...
NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today released an open letter to shareholders of Extended Stay America, Inc. ...
Glass Lewis Continues to Recommend Shareholders Reject Proposed Sale of Extended Stay America
NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that leading proxy advisor Glass, Lewis & Co. (“Glass Lewis”)...
ISS Recommends Extended Stay America Shareholders Vote for the Amended Transaction With Blackstone and Starwood Capital
Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price
Extended Stay America (STAY) Soars to 52-Week High, Time to Cash Out?
Extended Stay America (STAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Extended Stay America (STAY) Upgraded to Buy: What Does It Mean for the Stock?
Extended Stay America (STAY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
5 Discounted Picks as Americans Head Into Summer of Freedom
Amid the current market correction, we have shortlisted five stocks from the relevant sectors, ONEW, VSTO, STAY, ASO, AXL.
Tarsadia Comments on Updated Offer from Blackstone and Starwood to Acquire Extended Stay America
NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today commented on the updated offer from Blackstone Real Estate Partners and...
Blackstone, Starwood Capital raise offer for Extended Stay America to $20.50 per share
Extended Stay America on Tuesday said Blackstone Group and Starwood Capital Group raised their buyout bid for the hotel operator to $20.50 per paired share in cash.
Blackstone and Starwood Capital Increase Offer to Acquire Extended Stay America to $20.50 in Cash Per Paired Share an...
Represents “Best and Final” Offer from Blackstone and Starwood Capital and Provides Enhanced, Immediate and Certain Value
Both Leading Independent Proxy Advisory Firms Recommend Extended Stay America Shareholders Vote AGAINST Proposed Sale...
NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that both leading independent proxy advisory firms, Instituti...
Leading Independent Proxy Advisory Firm ISS Recommends Extended Stay America Shareholders Vote AGAINST Proposed Sale ...
NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that leading independent proxy advisory firm Institutional Sh...
Extended Stay America Files Investor Presentation in Support of Transaction with Blackstone and Starwood Capital
Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card
Extended Stay America Responds to Tarsadia and Highlights Compelling Reasons to Support the Transaction with Blacksto...
New Letter to Shareholders Provides Comprehensive Discussion of the Transaction Rationale and the Immediate, Certain and Compelling $19.50 Per Paired Share Cash Value
Extended Stay (STAY) Q1 Earnings & Revenues Beat Estimates
Extended Stay's (STAY) first-quarter 2021 performance is hurt by dismal RevPAR and increased hotel operating expenses.
Extended Stay America (STAY) Tops Q1 Earnings and Revenue Estimates
Extended Stay America (STAY) delivered earnings and revenue surprises of 500.00% and 2.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Extended Stay America Announces First Quarter 2021 Results
CHARLOTTE, N.C., May 10, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”) today announced consolidated results for the three...
Tarsadia Capital Files Definitive Proxy Statement to Solicit Votes in Opposition to Sale of Extended Stay America to ...
NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today sent a letter and proxy statement to shareholders of Extended Stay Amer...
EXTENDED STAY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequac...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Extended Stay Amer...
4 Outperforming Hotel Stocks to Consider as Room Rates Rise
As more and more Americans get Covid-19 vaccinations and lockdowns are being lifted, travel demand has begun to increase. Rates for hotel rooms are rising right along with it as hospitality companies st...