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Extended Stay America, Inc. (STAY)

Jun 15, 2021 - STAY was delisted (reason: acquired by Blackstone and Starwood Capital Group)
Stock Price: $20.46 USD 0.00 (0.00%)
Updated Jun 15, 2021 4:00 PM EDT
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
Dividend Yield 0.98%
Trading Day Jun 23, 2021
Last Price $20.46
Previous Close $20.46
Change ($) 0.00
Change (%) 0.00%
Day's Open -
Day's Range 20.44 - 20.47
Day's Volume 1
52-Week Range 10.31 - 20.47

News

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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”) (...

6 days ago - GlobeNewsWire

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”) (...

1 week ago - GlobeNewsWire

Extended Stay America (STAY) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

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)...

Other stocks mentioned: CFFN, GBL, WSBF
2 weeks ago - GuruFocus

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. ...

2 weeks ago - Business Wire

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”)...

2 weeks ago - Business Wire

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

2 weeks ago - GlobeNewsWire

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

Amid the current market correction, we have shortlisted five stocks from the relevant sectors, ONEW, VSTO, STAY, ASO, AXL.

Other stocks mentioned: ASO, AXL, ONEW, VSTO
2 weeks ago - Zacks Investment Research

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...

3 weeks ago - Business Wire

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.

Other stocks mentioned: BX
3 weeks ago - Reuters

Represents “Best and Final” Offer from Blackstone and Starwood Capital and Provides Enhanced, Immediate and Certain Value

3 weeks ago - GlobeNewsWire

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...

3 weeks ago - Business Wire

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...

3 weeks ago - Business Wire

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

1 month ago - GlobeNewsWire

New Letter to Shareholders Provides Comprehensive Discussion of the Transaction Rationale and the Immediate, Certain and Compelling $19.50 Per Paired Share Cash Value

1 month ago - GlobeNewsWire

Extended Stay's (STAY) first-quarter 2021 performance is hurt by dismal RevPAR and increased hotel operating expenses.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

Other stocks mentioned: HLT, MAR, RLH
1 month ago - GuruFocus

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...

Other stocks mentioned: HLT, MAR, RLH
1 month ago - GuruFocus

Extended Stay America (STAY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia” or “we”), is one of the largest shareholders of Extended Stay America, Inc. (NY...

1 month ago - Business Wire

Sets June 8, 2021 as Special Meeting Date to Vote on the Transaction

1 month ago - GlobeNewsWire

Transaction Provides Immediate, Certain and Compelling Value to Shareholders

2 months ago - GlobeNewsWire

Extended Stay America (STAY) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

CHARLOTTE, N.C., March 25, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) today...

2 months ago - GlobeNewsWire

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC, together with certain of its affiliates and the funds it manages (“Tarsadia” or “we”), is one of the largest shareholders of Extended Stay America, Inc....

3 months ago - Business Wire

NEW YORK, March 20, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class ...

3 months ago - PRNewsWire

Extended Stay America (STAY) has reached an agreement to be acquired by a 50/50 joint venture between Blackstone and Starwood Capital Group for $6 billion.

Other stocks mentioned: BX
3 months ago - Zacks Investment Research

Extended Stay America (STAY) has reached an agreement to be acquired by a 50/50 joint venture between Blackstone and Starwood Capital Group for $6 billion.

Other stocks mentioned: BX
3 months ago - Zacks Investment Research

Extended Stay America (STAY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength ...

3 months ago - Zacks Investment Research

Blackstone and Starwood Capital have agreed to acquire Extended Stay America, a press release says, with the deal going forward for around $6 billion. “Travel and leisure is one of Blackstone's highest ...

Other stocks mentioned: BX
3 months ago - PYMNTS

WILMINGTON, Del., March 15, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Extended Stay America, Inc. (“Extended Stay”) (NASDAQ GS: STAY) regarding possible breaches of...

3 months ago - GlobeNewsWire

NEW YORK, March 15, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Extended Stay America, Inc. ("Extended...

3 months ago - PRNewsWire

A buyout is pushing shares sharply higher.

3 months ago - The Motley Fool

NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Extended St...

3 months ago - GlobeNewsWire

Looking to take advantage of value opportunities in the hospitality sector, Blackstone Group Inc. (NYSE:BX) and Starwood Capital Group announced on March 15 they agreed to buy hotel owner and operator E...

Other stocks mentioned: BX
3 months ago - GuruFocus

Blackstone, Starwood Capital to buy Extended Stay America for $6B

YouTube video

CNBC's Seema Mody reports on the travel industry's recovery as the Carnival CEO says cruise lines face at least two tough years ahead, and Blackstone buys Extended Stay America with Starwood Capital.

Other stocks mentioned: BX
3 months ago - CNBC Television

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Extended Stay America, Inc. (NASDAQ: STAY) to a joint venture between funds managed b...

3 months ago - Business Wire

The lodging sector has been one of the hardest hit during the pandemic, which caused most tourism, conventions, and business travel to dry up.

Other stocks mentioned: BX
3 months ago - Fox Business

SAN DIEGO, March 15, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Extended Stay America, Inc., (NASDAQ: STAY) brea...

3 months ago - PRNewsWire

Extended Stay America, a bright spot for the beleaguered hotel industry, has been taken private in a $6 billion deal.

3 months ago - CNN Business

Extended Stay's (STAY) fourth-quarter 2020 top line was hurt by dismal RevPAR due to the coronavirus pandemic.

3 months ago - Zacks Investment Research

Shares of Extended Stay America (NASDAQ:STAY) increased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 14.29% year over year to $0.16, which ...

3 months ago - Benzinga

-  Net income of $65.7 million in the Fourth Quarter, $96.3 million for the Full Year 2020-   Adjusted EBITDA 1 of $89.3 million in the Fourth Quarter, $374.1 million for the Full Year 2020-   Comparabl...

3 months ago - GlobeNewsWire

Extended Stay America Premier Suites to launch with more than 30 properties. Extended Stay America Premier Suites to launch with more than 30 properties.

3 months ago - GlobeNewsWire

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.

Industry
Lodging
IPO Date
Nov 13, 2013
CEO
Jonathan Halkyard
Country
United States
Stock Exchange
NASDAQ
Ticker Symbol
STAY
Full Company Profile

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 Statements