Stratus Properties (STRS)
NASDAQ:STRS
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Stratus Properties
(NASDAQ:STRS)
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Rating:59Neutral
Price Target:
$32.00
▲(31.26% Upside)
Action:ReiteratedDate:03/28/26
The score is held back mainly by weak cash generation (negative operating and free cash flow) and historically volatile results, despite a much stronger balance sheet with debt eliminated. Technicals are supportive with the stock above major moving averages, and valuation appears reasonable at ~16x earnings. Corporate events add upside optionality via the liquidation plan and indicated distribution range, balanced by approval and execution/timing risk.
Positive Factors
Debt elimination & stronger balance sheet
Eliminating all corporate debt materially lowers financial risk and interest exposure, giving the company flexibility to execute asset sales and manage contingencies during a wind-down. A stronger capital structure supports orderly monetization and reduces refinancing pressure over the next several quarters.
Negative Factors
Negative operating & free cash flow
Persistent negative operating and free cash flow indicate the underlying development business is not self-funding and relies on asset dispositions or external capital. Over several months this raises risk that proceeds must prioritize liabilities, slowing distributions and increasing execution complexity during liquidation.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt elimination & stronger balance sheet
Eliminating all corporate debt materially lowers financial risk and interest exposure, giving the company flexibility to execute asset sales and manage contingencies during a wind-down. A stronger capital structure supports orderly monetization and reduces refinancing pressure over the next several quarters.
Read all positive factors
Stratus Properties (STRS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$241.31M
Dividend YieldN/A
Average Volume (3M)5.83K
Price to Earnings (P/E)2.5
Beta (1Y)1.08
Revenue Growth-33.73%
EPS Growth-602.19%
CountryUS
Employees34
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)2.46
Shares Outstanding7,982,525
10 Day Avg. Volume6,400
30 Day Avg. Volume5,831
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.95
Price to Sales (P/S)6.49
P/FCF Ratio-5.11
Enterprise Value/Market Cap1.35
Enterprise Value/Revenue10.91
Enterprise Value/Gross Profit-23.11
Enterprise Value/Ebitda26.53
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Stratus Properties Business Overview & Revenue Model
Company Description
Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties primarily in Texas. The company operates in tw...
How the Company Makes Money
Stratus Properties makes money primarily by creating value in real estate projects and then realizing that value through property transactions. Key revenue sources include: (1) Sales of developed properties and land: The company acquires and/or co...
Stratus Properties Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
70
Positive
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 29.91M | 54.18M | 17.27M | 37.50M | 28.24M |
| Gross Profit | -14.12M | 11.17M | -1.78M | 5.71M | 9.47M |
| EBITDA | 16.57M | 1.78M | -12.69M | -3.07M | -10.52M |
| Net Income | 11.98M | 1.96M | -14.81M | 90.43M | 57.39M |
Balance Sheet | |||||
| Total Assets | 563.43M | 532.61M | 517.77M | 445.14M | 541.23M |
| Cash, Cash Equivalents and Short-Term Investments | 74.29M | 20.18M | 31.40M | 37.67M | 24.23M |
| Total Debt | 158.99M | 210.29M | 191.03M | 137.61M | 120.63M |
| Total Liabilities | 216.35M | 235.04M | 223.16M | 173.07M | 332.61M |
| Stockholders Equity | 204.49M | 194.71M | 191.48M | 207.25M | 158.14M |
Cash Flow | |||||
| Free Cash Flow | -38.04M | -34.98M | -97.22M | -110.07M | -73.17M |
| Operating Cash Flow | -29.90M | -5.84M | -51.25M | -55.26M | -53.61M |
| Investing Cash Flow | 61.03M | -21.54M | -46.95M | 50.00M | 188.94M |
| Financing Cash Flow | 22.34M | 16.10M | 84.93M | -19.17M | -99.37M |
Stratus Properties Technical Analysis
Positive
24.38
Price Trends
30.05
Positive
26.76
Positive
22.85
Positive
Market Momentum
0.12
Positive
50.34
Neutral
35.53
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For STRS, the sentiment is Positive. The current price of 24.38 is below the 20-day moving average (MA) of 30.38, below the 50-day MA of 30.05, and above the 200-day MA of 22.85, indicating a neutral trend. The MACD of 0.12 indicates Positive momentum. The RSI at 50.34 is Neutral, neither overbought nor oversold. The STOCH value of 35.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for STRS.
Stratus Properties Risk Analysis
Stratus Properties disclosed 30 risk factors in its most recent earnings report. Stratus Properties reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Stratus Properties Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $3.89B | 29.60 | 15.45% | 0.98% | 26.89% | 53.54% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | $1.77B | 18.46 | 5.33% | 2.17% | 3.37% | ― | |
59 Neutral | $241.31M | 2.48 | 6.20% | ― | -33.73% | -602.19% | |
56 Neutral | $1.18B | 16.06 | 5.29% | 7.31% | 5.95% | 5.06% | |
45 Neutral | $70.97M | -3.35 | -7.25% | 4.71% | -14.68% | -13.53% |
* Real Estate Sector Average
STRS
Stratus Properties
30.23
9.32
44.57%
FSP
Franklin Street Properties
0.68
-0.85
-55.35%
VRE
Veris Residential
18.92
3.76
24.81%
JOE
St Joe Company
67.52
24.67
57.57%
AAT
American Assets
19.20
1.89
10.93%
Stratus Properties Corporate Events
Business Operations and StrategyStock BuybackFinancial DisclosuresM&A Transactions
Stratus Properties Board Approves Complete Liquidation and Dissolution
Positive
Mar 27, 2026
Stratus Properties reported results for the year ended December 31, 2025, highlighting a strategic pivot in March 2026 when its board approved a plan of complete liquidation and dissolution, with an estimated liquidating distribution range of $29....
Business Operations and StrategyDelistings and Listing Changes
Stratus Properties Board Approves Complete Liquidation and Dissolution
Negative
Mar 25, 2026
On March 24, 2026, Stratus announced that its board unanimously approved a plan of complete liquidation and dissolution following a recently completed strategic review, opting to wind down the company rather than continue as a standalone public re...
Business Operations and Strategy
Stratus Properties Announces Plan for Liquidation and Dissolution
Negative
Mar 12, 2026
On March 11, 2026, Stratus Properties Inc. said its board had unanimously decided, after a strategic alternatives review launched in December 2025, to pursue a plan of liquidation and dissolution involving the sale of all or substantially all asse...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Stratus Properties extends credit facility and sells Kingwood asset
Positive
Feb 5, 2026
On January 30, 2026, Stratus Properties Inc. and several wholly owned subsidiaries amended their secured revolving credit facility with Comerica Bank, extending the maturity of the loan to March 27, 2028; at that date the facility had a $27.4 mill...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.