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Last $24.09 USD
Change Today +0.11 / 0.46%
Volume 1.3M
LQ On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

la quinta holdings inc (LQ) Snapshot

Open
$24.01
Previous Close
$23.98
Day High
$24.16
Day Low
$23.89
52 Week High
03/25/15 - $24.38
52 Week Low
05/5/14 - $16.01
Market Cap
3.2B
Average Volume 10 Days
1.2M
EPS TTM
--
Shares Outstanding
130.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LA QUINTA HOLDINGS INC (LQ)

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la quinta holdings inc (LQ) Details

La Quinta Holdings Inc. owns, operates, and franchises select-service hotels under the La Quinta brand. It serves the upper-midscale and midscale segments. As of February 24, 2015, the company owned and franchised portfolio consisted of 850 La Quinta Inn & Suites, and La Quinta Inn branded hotels with approximately 86,000 rooms located in 47 states, as well as in Canada and Mexico. The company was founded in 1968 and is headquartered in Irving, Texas.

6,557 Employees
Last Reported Date: 02/25/15
Founded in 1968

la quinta holdings inc (LQ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $675.9K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $414.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $398.3K
Chief Development Officer and Executive Vice ...
Total Annual Compensation: $417.2K
Executive Vice President, General Counsel and...
Total Annual Compensation: $329.3K
Compensation as of Fiscal Year 2014.

la quinta holdings inc (LQ) Key Developments

La Quinta Inns & Suites Hotels Announces Executive Appointments

La Quinta Inns & Suites hotels, announced the hiring of Vicki Cutwright as Vice President of Consumer Insights & Analytics and David Sims as Vice President of Loyalty Marketing. Both will be based at La Quinta's headquarters in Irving, Texas and will work cross-functionally across the organization to collaborate with members of the Marketing, Finance, Sales, Operations and Information Technology teams on various strategic initiatives. As Vice President of Consumer Insights & Analytics, Ms. Cutwright will lead Guest Insights and Analysis for La Quinta Inns & Suites and will manage the brand's market research function as well as the internal analysis team responsible for measuring performance and providing actionable insights to drive incremental revenue and profit. In this role, she will provide data-driven insight that will help optimize the guest experience, as well as programs in Marketing, Ecommerce, Media, Loyalty and Sales. In the role of Vice President of Loyalty Marketing, Mr. Sims will be responsible for the design, development, ongoing management and long-term enhancement of the La Quinta Returns program, which has more than nine million members. He will create and drive the strategy to improve member acquisition, activation and retention of customers through various initiatives and promotions. Mr. Sims will also partner with franchisees to share strategic insight and articulate the benefits of the La Quinta Returns program.

La Quinta Holdings Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the Ended December 31, 2015

La Quinta Holdings Inc. reported unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenues of $228,222,000 against $200,509,000 a year ago. Operating income was $22,156,000 against $27,909,000 a year ago. Income from continuing operations before income taxes was $2,828,000 compared to loss from continuing operations before income taxes of $9,969,000 a year ago. Net loss from continuing operations, net of tax was $4,117,000 against $11,041,000 a year ago. Net loss attributable to the company's stockholders was $4,193,000 against $4,672,000 a year ago. Total pro forma revenue was $228,222,000 compared to $209,016,000 a year ago. Pro forma operating income was $37,093,000 against $30,491,000 a year ago. Pro forma income from continuing operations before income taxes was $18,021,000 against $6,250,000 a year ago. Pro forma income from continuing operations, net of tax was $10,812,000 against $3,750,000 a year ago. Pro forma net income attributable to the company's stockholders was $10,736,000 against $3,656,000 a year ago. Pro forma EBITDA was $84,437,000 against $72,236,000 a year ago. Pro forma adjusted EBITDA was $79,630,000 against $76,784,000 a year ago. Adjusted Earnings per share, basic and diluted was $0.08 compared to adjusted loss per share, basic and diluted $0.04 a year ago. For the year, the company reported total revenues of $976,938,000 against $873,893,000 a year ago. Operating income was $136,669,000 against $156,181,000 a year ago. Income from continuing operations before income taxes was $16,955,000 compared to $8,614,000 a year ago. Net loss from continuing operations, net of tax was $332,904,000 against net income from continuing operations, net of tax of $5,016,000 a year ago. Net loss attributable to the company's stockholders was $337,297,000 against net income attributable to the company's stockholders of $3,976,000 a year ago. Total pro forma revenue was $988,858,000 compared to $909,433,000 a year ago. Pro forma operating income was $187,115,000 against $164,839,000 a year ago. Pro forma income from continuing operations before income taxes was $95,455,000 against $67,754,000 a year ago. Pro forma income from continuing operations, net of tax was $57,273,000 against $40,652,000 a year ago. Pro forma net income attributable to the company's stockholders was $56,872,000 against $40,255,000 a year ago. Pro forma EBITDA was $365,687,000 against $336,288,000 a year ago. Pro forma adjusted EBITDA was $375,549,000 against $340,212,000 a year ago. Adjusted Earnings per share, basic and diluted was $0.29 compared to $0.03 a year ago. For full year 2014, capital expenditures totaled $78.6 million and relate primarily to ongoing hotel maintenance, cycle renovations and investments in technology. Capital expenditure as a percentage of total owned revenue remain between 8.5% and 9% on average. The company provided earnings guidance for the ended December 31, 2015. For the year, the company expects adjusted EBITDA to be $398 million to $410 million. Net income Attributable to La Quinta Holdings' stockholders to range from $71,478,000 to $78,678,000. EBITDA to range from $384,150,000 to $396,150,000. The company anticipates RevPAR on a systemwide comparable hotel basis to increase between 5.5% and 7%, as compared to 2014. Total interest expense for 2015 to be approximately $87 million, which includes cash interest on term loan, effects of swap and unused revolver commitment fees as well as noncash interest related to amortization of deferred finance costs.

La Quinta Holdings Inc. to Report Q4, 2014 Results on Feb 24, 2015

La Quinta Holdings Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 24, 2015

 

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LQ

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Price/Earnings NM Not Meaningful
Price/Sales 3.2x
Price/Book 3.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.2x
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