Extended Stay America Announces Second Quarter 2015 Results

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Baird Upgrades Extended Stay (STAY) to Outperform

August 3, 2015 6:36 AM EDT

Baird upgraded Extended Stay (NYSE: STAY) from Neutral to Outperform with a price target of $23.00.

For an analyst ratings summary and ratings history on Extended Stay click here. For more ratings news on Extended Stay click here.

Shares of Extended Stay closed at $19.00 yesterday.

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Extended Stay America (STAY) Declares $0.15 Quarterly Dividend; 3.3% Yield

July 30, 2015 7:13 AM EDT

Extended Stay America (NYSE: STAY) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on August 27, 2015, to stockholders of record on August 13, 2015, with an ex-dividend date of August 11, 2015.

The annual yield on the dividend is 3.3... More

Extended Stay America (STAY) Tops Q2 EPS by 4c

July 30, 2015 7:13 AM EDT

Extended Stay America (NYSE: STAY) reported Q2 EPS of $0.33, $0.04 better than the analyst estimate of $0.29. Revenue for the quarter came in at $340.3 million versus the consensus estimate of $341.62 million.

RevPAR grew 6.1% to $48.49.

Extended Stay America sees FY2015 revenue of $1.28-1.295 billion, versus... More