| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
STRS Stock Overview
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.
Stratus Properties Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$23.80 |
| 52 Week High | US$46.44 |
| 52 Week Low | US$22.96 |
| Beta | 0.84 |
| 1 Month Change | -29.27% |
| 3 Month Change | -26.14% |
| 1 Year Change | -25.35% |
| 3 Year Change | -15.75% |
| 5 Year Change | -21.45% |
| Change since IPO | 693.33% |
Recent News & Updates
Shareholder Returns
| STRS | US Real Estate | US Market | |
|---|---|---|---|
| 7D | -4.7% | -3.2% | -2.0% |
| 1Y | -25.3% | -44.8% | -20.3% |
Return vs Industry: STRS exceeded the US Real Estate industry which returned -46.5% over the past year.
Return vs Market: STRS underperformed the US Market which returned -22.1% over the past year.
Price Volatility
| STRS volatility | |
|---|---|
| STRS Average Weekly Movement | 8.1% |
| Real Estate Industry Average Movement | 7.6% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.8% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: STRS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: STRS's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 58 | Beau Armstrong | https://www.stratusproperties.com |
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 two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use, and multi-family properties.
Stratus Properties Fundamentals Summary
| STRS fundamental statistics | |
|---|---|
| Market Cap | US$196.90m |
| Earnings (TTM) | US$59.01m |
| Revenue (TTM) | US$25.46m |
3.3x
P/E Ratio7.7x
P/S RatioIs STRS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| STRS income statement (TTM) | |
|---|---|
| Revenue | US$25.46m |
| Cost of Revenue | US$17.28m |
| Gross Profit | US$8.18m |
| Other Expenses | -US$50.83m |
| Earnings | US$59.01m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.13 |
| Gross Margin | 32.12% |
| Net Profit Margin | 231.81% |
| Debt/Equity Ratio | 36.7% |
How did STRS perform over the long term?
See historical performance and comparisonValuation
Is STRS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for STRS?
Other financial metrics that can be useful for relative valuation.
| What is STRS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$196.90m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 10.7x |
| Enterprise Value/EBITDA | -25.7x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does STRS's PE Ratio compare to its peers?
| STRS PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 11.2x | ||
MLP Maui Land & Pineapple Company | 30.4x | n/a | US$168.6m |
FOR Forestar Group | 3.4x | -24.2% | US$585.2m |
KANP Kaanapali Land | 7.4x | n/a | US$42.4m |
AXR AMREP | 3.8x | n/a | US$60.9m |
STRS Stratus Properties | 3.3x | n/a | US$196.9m |
Price-To-Earnings vs Peers: STRS is good value based on its Price-To-Earnings Ratio (3.3x) compared to the peer average (11.2x).
Price to Earnings Ratio vs Industry
How does STRS's PE Ratio compare vs other companies in the US Real Estate Industry?
Price-To-Earnings vs Industry: STRS is good value based on its Price-To-Earnings Ratio (3.3x) compared to the US Real Estate industry average (7.4x)
Price to Earnings Ratio vs Fair Ratio
What is STRS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 3.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate STRS's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of STRS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate STRS's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate STRS's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
Future Growth
How is Stratus Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
40.3%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Stratus Properties has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine Stratus Properties's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
Past Performance
How has Stratus Properties performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
51.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STRS has a high level of non-cash earnings.
Growing Profit Margin: STRS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: STRS has become profitable over the past 5 years, growing earnings by 51.7% per year.
Accelerating Growth: STRS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: STRS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (41.2%).
Return on Equity
High ROE: STRS's Return on Equity (18.5%) is considered low.
Discover strong past performing companies
Financial Health
How is Stratus Properties's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: STRS's short term assets ($369.9M) exceed its short term liabilities ($43.4M).
Long Term Liabilities: STRS's short term assets ($369.9M) exceed its long term liabilities ($128.6M).
Debt to Equity History and Analysis
Debt Level: STRS's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: STRS's debt to equity ratio has reduced from 170.6% to 36.7% over the past 5 years.
Debt Coverage: STRS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if STRS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Dividend
What is Stratus Properties's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
| Stratus Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (Stratus Properties) | n/a |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Real Estate) | 2.7% |
| Analyst forecast in 3 Years (Stratus Properties) | n/a |
Notable Dividend: Unable to evaluate STRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate STRS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if STRS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STRS's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as STRS has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
24.1yrs
Average management tenure
CEO
Beau Armstrong (57 yo)
24.08yrs
Tenure
US$3,561,628
Compensation
Mr. William H. Armstrong, III, also known as Beau, is the Chairman of the Board at Stratus Properties Inc. since August 1998, Chief Executive Officer since May 1998 and President since August 1996. Mr. Arm...
CEO Compensation Analysis
| Beau Armstrong's Compensation vs Stratus Properties Earnings |
|---|
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2022 | n/a | n/a | US$59m |
| Mar 31 2022 | n/a | n/a | US$54m |
| Dec 31 2021 | US$4m | US$500k | US$64m |
| Sep 30 2021 | n/a | n/a | -US$886k |
| Jun 30 2021 | n/a | n/a | -US$12m |
| Mar 31 2021 | n/a | n/a | -US$4m |
| Dec 31 2020 | US$2m | US$500k | -US$16m |
| Sep 30 2020 | n/a | n/a | -US$10m |
| Jun 30 2020 | n/a | n/a | US$2m |
| Mar 31 2020 | n/a | n/a | -US$4m |
| Dec 31 2019 | US$2m | US$500k | -US$2m |
| Sep 30 2019 | n/a | n/a | -US$5m |
| Jun 30 2019 | n/a | n/a | -US$4m |
| Mar 31 2019 | n/a | n/a | -US$3m |
| Dec 31 2018 | US$2m | US$492k | -US$5m |
| Sep 30 2018 | n/a | n/a | -US$12m |
| Jun 30 2018 | n/a | n/a | US$5m |
| Mar 31 2018 | n/a | n/a | US$5m |
| Dec 31 2017 | US$2m | US$450k | US$4m |
| Sep 30 2017 | n/a | n/a | US$11m |
| Jun 30 2017 | n/a | n/a | -US$5m |
| Mar 31 2017 | n/a | n/a | -US$7m |
| Dec 31 2016 | US$2m | US$442k | -US$6m |
| Sep 30 2016 | n/a | n/a | -US$6m |
| Jun 30 2016 | n/a | n/a | US$6m |
| Mar 31 2016 | n/a | n/a | US$8m |
| Dec 31 2015 | US$2m | US$400k | US$9m |
Compensation vs Market: Beau's total compensation ($USD3.56M) is above average for companies of similar size in the US market ($USD1.69M).
Compensation vs Earnings: Beau's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: STRS's management team is seasoned and experienced (24.1 years average tenure).
Board Members
Experienced Board: STRS's board of directors are considered experienced (8.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: STRS insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Date | Value | Name | Entity | Role | Shares | Max Price |
|---|---|---|---|---|---|---|
| 16 Sep 22 | BuyUS$86,874 | Laurie Dotter | Individual | 2,967 | US$29.28 | |
| 08 Sep 22 | SellUS$270,518 | James Leslie | Individual | 7,500 | US$36.07 | |
| 31 Aug 22 | BuyUS$1,120 | Laurie Dotter | Individual | 33 | US$33.95 | |
| 22 Aug 22 | BuyUS$16,896 | Laurie Dotter | Individual | 528 | US$32.00 | |
| 15 Dec 21 | SellUS$237,583 | James Leslie | Individual | 6,780 | US$35.04 |
Ownership Breakdown
| Owner Type | Number of Shares | Ownership Percentage |
|---|---|---|
| Hedge Funds | 1,199,744 | 14.5% |
| Individual Insiders | 1,305,615 | 15.8% |
| General Public | 2,749,955 | 33.2% |
| Institutions | 3,017,954 | 36.5% |
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
| Ownership | Name | Shares | Current Value | Change % | Portfolio % | |
|---|---|---|---|---|---|---|
| 1,199,744 | $28.6m | 0.01% | 2.45% | |||
| 922,142 | $21.9m | 0.21% | 1.18% | |||
| 625,000 | $14.9m | 0% | no data | |||
| 530,263 | $12.6m | 0% | no data | |||
| 435,052 | $10.4m | 0.54% | no data | |||
| 355,488 | $8.5m | 7.33% | no data | |||
| 295,972 | $7.0m | 633.18% | no data | |||
| 133,131 | $3.2m | 0% | 0.26% | |||
| 121,441 | $2.9m | -14.98% | 0.27% | |||
| 110,482 | $2.6m | 64.97% | no data | |||
| 76,883 | $1.8m | -3.79% | 0.4% | |||
| 75,000 | $1.8m | 0% | 1.74% | |||
| 60,670 | $1.4m | 161.66% | no data | |||
| 53,594 | $1.3m | 246.28% | no data | |||
| 47,600 | $1.1m | -11.74% | 0.12% | |||
| 42,125 | $1.0m | 4.14% | no data | |||
| 40,175 | $956.2k | -12.66% | no data | |||
| 40,105 | $954.5k | 0% | no data | |||
| 37,074 | $882.4k | 0% | no data | |||
| 26,908 | $640.4k | 18.6% | no data | |||
| 26,505 | $630.8k | -22.38% | 0.15% | |||
| 26,020 | $619.3k | 0% | 0.29% | |||
| 25,050 | $596.2k | 0% | 0.01% | |||
| 17,300 | $411.7k | 0% | 0.01% | |||
| 17,125 | $407.6k | 10.84% | no data |
Company Information
Stratus Properties Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Stratus Properties Inc.
- Ticker: STRS
- Exchange: NasdaqGS
- Founded: 1992
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: US$196.904m
- Shares outstanding: 8.27m
- Website: https://www.stratusproperties.com
Number of Employees
Location
- Stratus Properties Inc.
- 212 Lavaca Street
- Suite 300
- Austin
- Texas
- 78701
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STRS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jul 1992 |
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/09/28 00:00 |
| End of Day Share Price | 2022/09/28 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.