Extended Stay America(STAY) is having a Dividend Yield of 4.27% with the Annual cash Dividend per share of $0.74. The last quarter cash dividend per share pay out was $0.19. Extended Stay America has a 5 year average dividend yield of 3.31% and the stock has a Indicated annual dividend of $0.76. Extended Stay America(STAY) formally announced its most recent dividend on October 26, 2016 with a Dividend per share of $0.19. The new indicated annual dividend based on announced dividend per share is $0.76. The dividend yield based on the forward looking indicated annual dividend is 4.27%. Extended Stay America(STAY) has the most recent dividend payout ratio of 0.8 with a 5-year average payout ratio of 0.52. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.28. The 5 year historical dividend growth of Extended Stay America(STAY) is at the rate of 22.35% while the R-Squared dividend growth is 0.61. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Extended Stay America, Inc. (NYSE:STAY) witnessed a decline in the market cap on Thursday as its shares dropped 1.01% or 0.18 points. After the session commenced at $17.87, the stock reached the higher end at $17.87 while it hit a low of $17.585. With the volume soaring to 711,685 shares, the last trade was called at $17.61. The company has a 52-week high of $17.87. The company has a market cap of $3,278 million and there are 186,122,600 shares in outstanding. The 52-week low of the share price is $11.28. Shares of Extended Stay America, Inc. rose by 2.03% in the last five trading days and 11.81% for the last 4 weeks. Extended Stay America, Inc. is up 16.62% in the last 3-month period. Year-to-Date the stock performance stands at 9.04%.
Currently the company Insiders own 0.49% of Extended Stay America, Inc. shares according to the proxy statements. Institutional Investors own 88.14% of Extended Stay America, Inc. shares. Company has reported several Insider transactions to the SEC, on Nov 22, 2016, & Co. Inc. Paulson (10% owner) sold 4,675,000 shares at 14.76 per share price.On Nov 7, 2016, Jonathan S Halkyard (officer ) purchased 10,000 shares at 13.83 per share price.On Mar 4, 2016, William A Kussell (director) sold 40,000 shares at 14.76 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Stifel on Jan 25, 2017 to Buy, Raises Price Target to $ 18 from a previous price target of $16 .Company shares were Upgraded by MKM Partners on Dec 5, 2016 to Buy, Raises Price Target to $ 19 from a previous price target of $15 .
Extended Stay America Inc Last issued its quarterly earnings results on Oct 25, 2016. The company reported $0.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.34. The company had revenue of $354.50 million for the quarter, compared to analysts expectations of $351.91 million. The companys revenue was down -1.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.33 EPS.
Extended Stay America, Inc. owns and operates hotels under the core brand, Extended Stay America(R). It is the owner/operator of company-branded hotels in North America. The Company offers guest rooms, dining services, on-site laundry, local phone calls, personalized voicemail, pools, fitness centers, and pet friendly accommodations. Extended Stay America, Inc. is headquartered in Charlotte, North Carolina.