News headlines about Extended Stay America (NYSE:STAY) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Extended Stay America earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.1186052660173 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of analysts recently issued reports on STAY shares. Zacks Investment Research upgraded Extended Stay America from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Tuesday, June 20th. BidaskClub downgraded Extended Stay America from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Stifel Nicolaus raised their price target on Extended Stay America from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, May 31st. ValuEngine upgraded Extended Stay America from a “hold” rating to a “buy” rating in a research report on Saturday, May 27th. Finally, Robert W. Baird reiterated a “buy” rating and set a $21.00 target price on shares of Extended Stay America in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $19.67.
Shares of Extended Stay America (NYSE:STAY) opened at 19.86 on Friday. The company has a market capitalization of $3.82 billion, a P/E ratio of 25.49 and a beta of 1.06. Extended Stay America has a 12-month low of $13.00 and a 12-month high of $20.51. The company has a 50 day moving average price of $19.20 and a 200 day moving average price of $18.22.
Extended Stay America (NYSE:STAY) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.01). Extended Stay America had a net margin of 5.24% and a return on equity of 14.53%. The firm had revenue of $338.36 million for the quarter, compared to analysts’ expectations of $342.70 million. During the same period last year, the firm posted $0.31 EPS. Extended Stay America’s revenue was up 1.7% on a year-over-year basis. Equities analysts anticipate that Extended Stay America will post $1.02 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Stockholders of record on Tuesday, August 15th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 4.23%. The ex-dividend date of this dividend was Friday, August 11th. Extended Stay America’s payout ratio is 247.06%.
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Extended Stay America Company Profile
Extended Stay America, Inc is a owner/operator of company-branded hotels in North America. The Company operates in the extended stay lodging industry. The Company owns and operates approximately 700 hotel properties consisting of approximately 75,900 rooms located in 44 states across the United States of America and in Canada.
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