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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Extended Stay America, Inc.    STAY

EXTENDED STAY AMERICA, INC.

(STAY)
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Extended Stay America Will Provide Aid to Those Impacted by Hurricane Dorian

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10/21/2019 | 10:28am EST

CHARLOTTE, N.C., Oct. 21, 2019 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NYSE:STAY) today announced their efforts to aid victims of Hurricane Dorian by providing temporary shelter assistance for those in need. Extended Stay America, a company that cares for people who are building a better future for themselves and their families, will offer a $500 travel credit that will be provided to hurricane victims who book a stay of 30 nights or more at any of its company-owned and operated hotel properties. Bahamian residents looking for temporary housing in the U.S. will be able to access this offer now through Dec. 31, 2019 by calling 1-877-885-7573 or visiting www.esa.com/extend-a-hand.

“The storm that hit The Bahamas was a shock to the country, and many residents have been displaced from their homes as a result. We would like to extend our support to the Bahamian residents seeking safe shelter in the U.S.,” said Mr. Jonathan Halkyard, Chief Executive Officer, Extended Stay America. “Extended Stay America wants to continue to put people first, and this offer to provide immediate shelter options to those affected by the storm is of the upmost importance to our company.”

For more information about Extended Stay America or to make a reservation at an Extended Stay America hotel, visit www.esa.com.

About Extended Stay America
Extended Stay America, Inc. (“ESA”) is the largest integrated hotel owner/operator in North America.  Its subsidiary, ESH Hospitality, Inc. (“ESH”), is the largest lodging REIT in North America by unit and room count, with over 620 hotels and approximately 68,000 rooms in the U.S. ESA manages all of ESH’s hotel properties, providing over 8,000 jobs at hotel properties and corporate headquarters. Extended Stay America® is the leading brand in the mid-priced extended stay segment, with approximately twice as many rooms as its nearest competitor. Visit www.esa.com for more information.

CONTACTS:      

Investors:           
Rob Ballew                               
(980) 345-1546       
investorrelations@esa.com   

Media:
Jon Alcorn
(980) 345-1714
jalcorn@esa.com

Chandler Smith
(212)-938-0896
csmith@coynepr.com 

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© GlobeNewswire 2019
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Financials (USD)
Sales 2019 1 217 M
EBIT 2019 347 M
Net income 2019 105 M
Debt 2019 2 243 M
Yield 2019 6,10%
P/E ratio 2019 23,0x
P/E ratio 2020 24,0x
EV / Sales2019 4,12x
EV / Sales2020 4,12x
Capitalization 2 774 M
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Technical analysis trends EXTENDED STAY AMERICA, INC
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 16,65  $
Last Close Price 14,72  $
Spread / Highest target 35,9%
Spread / Average Target 13,1%
Spread / Lowest Target -18,5%
EPS Revisions
Managers
NameTitle
Jonathan S. Halkyard President, Chief Executive Officer & Director
Douglas Gerard Geoga Chairman
Brian T. Nicholson Chief Financial Officer
Richard F. Wallman Independent Director
Kapila Kapur Anand Independent Director