Last $19.87 USD
Change Today +0.35 / 1.79%
Volume 88.1K
STAY On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 2:36 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

extended stay america inc (STAY) Snapshot

Open
$19.53
Previous Close
$19.52
Day High
$19.88
Day Low
$19.43
52 Week High
03/7/14 - $26.42
52 Week Low
11/13/14 - $17.40
Market Cap
4.1B
Average Volume 10 Days
340.5K
EPS TTM
$0.24
Shares Outstanding
204.5M
EX-Date
03/10/15
P/E TM
84.5x
Dividend
$0.60
Dividend Yield
2.67%
Current Stock Chart for EXTENDED STAY AMERICA INC (STAY)

extended stay america inc (STAY) Related Businessweek News

View More BusinessWeek News

extended stay america inc (STAY) Details

Extended Stay America, Inc. develops, owns, and operates hotels in the United States and Canada. As of December 31, 2013, the company had 684 hotels with approximately 76,200 rooms consisting of 632 hotels with approximately 69,600 rooms under the Extended Stay America brand; 3 hotels with 500 rooms under the Extended Stay Canada brand; 47 hotels with approximately 5,900 rooms under the Crossland Economy Studios brand; and 2 hotels with 265 rooms under the Hometown Inn brand. It serves customers in the mid-priced extended stay segment. Extended Stay America, Inc. was founded in 1995 and is headquartered in Charlotte, North Carolina.

4,000 Employees
Last Reported Date: 02/26/15
Founded in 1995

extended stay america inc (STAY) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $900.0K
Chief Financial Officer
Total Annual Compensation: $1.7M
Executive Vice President of Pricing & Revenue...
Total Annual Compensation: $373.3K
Chief Marketing Officer
Total Annual Compensation: $521.1K
Compensation as of Fiscal Year 2013.

extended stay america inc (STAY) Key Developments

Extended Stay America, Inc. Presents at J.P. Morgan Gaming, Lodging, Restaurent & Leisure Management Acess Forum, Mar-05-2015 08:45 AM

Extended Stay America, Inc. Presents at J.P. Morgan Gaming, Lodging, Restaurent & Leisure Management Acess Forum, Mar-05-2015 08:45 AM. Venue: Wynn Las Vegas, Las Vegas, Nevada, United States. Speakers: Jonathan S. Halkyard, Chief Financial Officer.

Extended Stay America, Inc. Announces Unaudited Consolidated Earnings and Operating Results for the Fourth Quarter and Audited Consolidated Earnings Results for the Year Ended December 31, 2014; Reports Impairment of Long-Lived Assets for the Fourth Quarter of 2014; Provides Earnings Guidance for 2015

Extended Stay America, Inc. announced unaudited consolidated earnings and operating results for the fourth quarter and audited consolidated earnings results for the year ended December 31, 2014. Total revenues for the three months ended December 31, 2014 increased 5.2% over the comparable period in 2013 to $282.7 million. Adjusted EBITDA increased $2.8 million to $123.4 million, representing 2.4% growth over the comparable period in 2013. Net income for the three months ended December 31, 2014 was $28.0 million, compared to a net loss of $15.4 million in the comparable period in 2013. Income from operations was $68,700,000 against $53,250,000 a year ago. Income before income tax was $34,874,000 against loss before tax of $23,358,000 a year ago. Net loss attributable to common shareholders was $58,305,000 against $10,943,000 a year ago. The company invested $47.3 million in capital expenditures during the fourth quarter of 2014. EBITDA was $115,580,000 against $96,780,000 a year ago. For the year ended December 31, 2014, total revenues increased 7.1% over 2013 to $1,213.5 million. Adjusted EBITDA increased $38.1 million to $556.7 million, an increase of 7.3%. For the year ended December 31, 2014, net income was $150.6 million, compared to $82.7 million in the comparable period in 2013. Income from operations was $348,738,000 against $312,125,000 a year ago. Income before income tax was $195,611,000 against $77,666,000 a year ago. Net income attributable to common shareholders was $39,596,000 against $86,231,000 a year ago. The company invested $173.2 million in capital expenditures during the year ended December 31, 2014. EBITDA was $532,182,000 against $480,178,000 a year ago. Revenue per available room for the three months ended December 31, 2014 grew 5.3% over the comparable period in 2013, driven by an improvement in average daily rate (“ADR”) of 7.8% offset by an occupancy decline of 170 bps to 68.8%. The lower occupancy was the result of a strategic reduction in longer-term length of stay business, as the Company continues to seek to optimize its customer mix. ADR growth was driven by a combination of price increases and the ongoing shift toward shorter-stay, higher profit generating guests. For the year ended December 31, 2014, RevPAR grew 7.1% over the comparable period in 2013, driven by an improvement in ADR of 7.0% and a 10 bps increase in occupancy to 74.3%. For the year 2015, the company expects total revenue to increase 5% to 7% to $1.275 billion to $1.3 billion, adjusted EBITDA is expected to range from $585 million to $600 million, representing approximately 5% to 8% growth over 2014, depreciation and amortization of $190 million to $197.5 million, net interest expense of $127 million to $132 million, effective tax rate of approximately 23%, net income to range from $183.8 million to $205.6 million and capital expenditures of $190 million to $210 million. For the quarter, the company reported impairment of long-lived assets of $2,300,000.

Extended Stay America, Inc. to Report Q4, 2014 Results on Feb 26, 2015

Extended Stay America, Inc. announced that they will report Q4, 2014 results Pre-Market on Feb 26, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
STAY:US $19.87 USD +0.35

STAY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Choice Hotels International Inc $63.16 USD -0.08
Priceline Group Inc/The $1,232 USD +6.09
View Industry Companies
 

Industry Analysis

STAY

Industry Average

Valuation STAY Industry Range
Price/Earnings 100.0x
Price/Sales 3.3x
Price/Book 5.1x
Price/Cash Flow 17.6x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EXTENDED STAY AMERICA INC, please visit www.extendedstayamerica.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.