CSIMarket
 
Stratus Properties Inc   (STRS)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 
Price: $24.6500 $-0.77 -3.029%
Day's High: $24.66 Week Perf: -1.79 %
Day's Low: $ 23.18 30 Day Perf: -0.4 %
Volume (M): 5 52 Wk High: $ 29.99
Volume (M$): $ 116 52 Wk Avg: $25.49
Open: $23.18 52 Wk Low: $20.30



 Market Capitalization (Millions $) 201
 Shares Outstanding (Millions) 8
 Employees 114
 Revenues (TTM) (Millions $) 38
 Net Income (TTM) (Millions $) -7
 Cash Flow (TTM) (Millions $) -38
 Capital Exp. (TTM) (Millions $) 44

Stratus Properties Inc

We are a diversified real estate company engaged primarily in the development, management, operation and/or sale of commercial, hotel, entertainment, and multi- and single-family residential real estate properties located in Texas, primarily in the Austin area. We generate revenues from sales of developed properties, from our hotel and entertainment operations and from rental income from our commercial properties.

Developed property sales can include an individual tract of land that has been developed and permitted for residential use, a developed lot with a home already built on it or condominium units at the W Austin Hotel & Residences project. We may sell properties under development, undeveloped properties or commercial properties, if opportunities arise that we believe will maximize overall asset values as part of our business plan.

Our principal executive offices are located in Austin, Texas, and our company was incorporated under the laws of the state of Delaware on March 11, 1992. Stratus Properties Inc. was formed to hold, operate and develop the domestic real estate and oil and gas properties of our former parent company. We sold all of our oil and gas properties during the 1990s and have since focused solely on our real estate properties. Our overall strategy has been to enhance the value of our properties by securing and maintaining development entitlements and developing and building real estate projects on these properties for sale or investment. We have also pursued opportunities for new projects that offer the possibility of acceptable returns and risks.

Real Estate Operations. A developed lot is an individual tract of land that has been developed and permitted for residential use. Developed acreage or acreage under development includes real estate for which infrastructure work over the entire property has been completed, is currently being completed or is able to be completed and for which necessary permits have been obtained. The undeveloped acreage shown in the table below is presented according to anticipated uses for multi- and single-family lots and commercial development based upon our understanding of the properties’ existing entitlements. However, there is no assurance that the undeveloped acreage will be developed because of the nature and cost of the approval and development process and market demand for a particular use.

Hotel. The W Austin Hotel includes 251 luxury rooms and suites, a full service spa, gym, rooftop pool and 9,750 square feet of meeting space. We have an agreement with Starwood Hotels & Resorts Worldwide, Inc. (Starwood) for the management of hotel operations at our W Austin Hotel & Residences project.

Entertainment. The entertainment space at the W Austin Hotel & Residences project is occupied by Austin City Limits Live at the Moody Theater (ACL Live) and includes a live music and entertainment venue and production studio with a maximum capacity of approximately 3,000 people. In addition to hosting concerts and private events, this venue is the home of Austin City Limits, a television program showcasing popular music legends.

 



   Company Address: 212 Lavaca Street, Suite 300 Austin 78701 TX
   Company Phone Number: 478-5788   Stock Exchange / Ticker: NASDAQ STRS
   


Customers Net Income grew by STRS's Customers Net Profit Margin grew to

41.12 %

39.58 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
JOE   -3.42%    
• View Complete Report
   



Stratus Properties Inc

Revenue Skyrockets and EPS Turns Positive at Stratus Properties Inc in Q1 20242.

Financial News Report: Stratus Properties Inc Reports Impressive Revenue Rise and Surplus; Announces Successful Sale of Magnolia Place Property
Stratus Properties Inc, a diversified real estate company operating primarily in the Austin, Texas area, has reported an astonishing revenue rise of 356.86% year on year, reaching $26.51 million in its financial span closing March 31, 2024. With earnings per share (EPS) at $0.56, the company has successfully turned a surplus. Stratus Properties Inc has outperformed its sector contemporaries, as the Construction Services sector displayed only a 10.99% revenue rise in the same period.
Compared to the previous reporting season, Stratus Properties Inc's income per share has turned positive, improving from $-0.12 per share. Additionally, revenue has more than doubled by 520.918%, rising from $4.27 million. The company achieved a net income of $3.697 million in the financial span ending March 31, 2024, showing significant improvement compared to the net loss of $-6.273 million in the same reporting season a year ago.

Stratus Properties Inc

Stratus Properties Inc. Bounces Back from Turbulent Year with Improved Financial Performance

tratus Properties Inc. (NASDAQ: STRS), a diversified real estate company operating primarily in Austin, Texas, has released its financial results for the period ending December 31, 2023. Despite a challenging year for the construction services industry, the company showed signs of recovery, reducing losses and improving its revenue performance.
During the October to December 31, 2023 fiscal interval, Stratus Properties Inc. reported a loss per share of $-0.12, a significant improvement from the $-0.75 loss recorded in the previous year. Moreover, income per share increased from $-0.35 to -$0.12 over the same period, illustrating the company's efforts to stabilize its financial position.

Contract

Stratus Properties Inc. Successfully Completes Sale of Magnolia Place, Demonstrating Resilience Amid Revenue Declines

Published Tue, Feb 27 2024 9:15 PM UTC

In a significant milestone for Stratus Properties Inc. (NASDAQ: STRS), the company proudly announced the completion of the sale of approximately 47 acres at Magnolia Place for an impressive sum of $14.5 million. This strategic move signifies Stratus Properties Inc.'s commitment to adapt and thrive in an ever-changing real estate market.This sale generated pre-tax net cash pr...

Business Update

Stratus Properties Inc. Receives Unsolicited Acquisition Proposal Amidst Declining Revenue and Growing Market Share

Published Wed, Feb 21 2024 9:30 PM UTC

Texas-based real estate developer, Stratus Properties Inc. (NASDAQ: STRS), recently confirmed receiving an unsolicited acquisition proposal from NXSTEP Opportunity Partners (NXSTEP) on January 24, 2024. The non-binding proposal offered a cash buyout of $27.18 per share, subject to adjustments. However, Stratus's Board of Directors carefully reviewed the offer and found sever...

Stratus Properties Inc

Stratus Properties Inc Faces Arduous Financial Reporting Period Throughout July to September 30, 2023



Stratus Properties Inc, a diversified real estate company based in Austin, Texas, recently announced its financial results for the third quarter of 2023. While the reported figures indicate a challenging period, it's essential to delve deeper into the numbers and consider their potential impact on the company's future.
Financial Performance:
During the past 5 trading days, Stratus Properties Inc shares experienced a minor decline of -0.15%. However, the year-to-date performance stands strong, with an impressive growth of 39.72%. This upward trend suggests that despite recent setbacks, the company has shown resilience and has the potential to recover.






 

Stratus Properties Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Stratus Properties Inc does not provide revenue guidance.

Earnings Outlook
Stratus Properties Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com