Extended Stay America (NASDAQ: STAY) Stocks To Watch

Extended Stay America day trading at USD 11.07 per share, then rallying to 11.25 and closing at USD 10.99 per share. A net loss of -0.72% for the day. Long term pricing analysis shows the stock trading at 34.59% lower than it’s 52week high and -102.43% higher than the 52week low. The share volume traded for the day was 1,746K which was 0 times the 50 Day Average Volume.

Extended Stay America had a market cap of 1,950,528K as of 25th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $0.27.

Extended Stay America headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. It is publicly traded as a “paired share” with ESH Hospitality, Inc., a real estate investment trust, and the owner of the hotels.

Financial Results

Extended Stay America Reports First Quarter Of Fiscal 2020.

  • Net income of $7.8 million
  • Total revenues of $266.3 million
  • Comparable system-wide Revenue Per Available Room (“RevPAR”) declined 5.8% to $43.98
  • Adjusted EBITDA1 of $97.7 million
  • Adjusted Funds From Operations (“Adjusted FFO”)1 of $0.31 per diluted Paired Share
  • Adjusted Paired Share Income1 of $0.07 per diluted Paired Share
  • Comparable system-wide RevPAR index of 107, a 12% increase compared to the first quarter of 2019, with a RevPAR index of 122 in March 2020, a 32% increase compared to March 2019

Extended Stay America (25th June 2020): The Institutional Ownership as of today stood at 93.72% and the Total Value of Holdings (millions) is $ $ 1,878

New Institutional Holders and other activity – As of today, the total number of shares held is, 166,331,058 by 301 institutional holders.

LATEST NEWS:

21-June-2020:- Schroder Investment Management Group Sells 1,913,989 Shares of Extended Stay America (NYSE: STAY)

Schroder Investment Management Group reduced its holdings in shares of Extended Stay America (NYSE: STAY) by 37.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,144,204 shares of the company’s stock after selling 1,913,989 shares during the quarter.

18-June-2020:- Weiss Multi Strategy Advisers LLC Buys 583,146 Shares of Extended Stay America (NYSE: STAY)

Weiss Multi Strategy Advisers LLC grew its stake in shares of Extended Stay America (NYSE: STAY) by 96.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,187,026 shares of the company’s stock after purchasing an additional 583,146 shares during the period.

17-June-2020:- Asset Management One Co. Ltd. Buys 9,575 Shares of Extended Stay America (NYSE: STAY)

Asset Management One Co. Ltd. grew its stake in Extended Stay America (NYSE: STAY) by 11.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,330 shares of the company’s stock after acquiring an additional 9,575 shares during the quarter.

 

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