Stratus Properties
Market Cap
US$232.8m
Last Updated
2019/11/19 23:46 UTC
Data Sources
Company Financials
Executive Summary
Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas.
Snowflake
Fundamentals
Worrying balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Stratus Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STRS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.7%
STRS
1.0%
US Real Estate
0.9%
US Market
1 Year Return
9.6%
STRS
13.9%
US Real Estate
16.8%
US Market
Return vs Industry: STRS underperformed the US Real Estate industry which returned 13.9% over the past year.
Return vs Market: STRS underperformed the US Market which returned 16.8% over the past year.
Shareholder returns
| STRS | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.7% | 1.0% | 0.9% |
| 30 Day | 6.5% | 4.7% | 4.5% |
| 90 Day | 11.4% | 7.7% | 6.2% |
| 1 Year | 9.6%9.6% | 14.9%13.9% | 19.4%16.8% |
| 3 Year | -0.9%-4.4% | 30.7%27.5% | 47.5%38.0% |
| 5 Year | 122.5%114.5% | 9.9%6.3% | 62.0%44.1% |
Price Volatility Vs. Market
How volatile is Stratus Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
How Much Of Stratus Properties Inc. (NASDAQ:STRS) Do Insiders Own?2 months ago | Simply Wall St
Is Stratus Properties Inc.'s (NASDAQ:STRS) CEO Being Overpaid?3 months ago | Simply Wall St
If You Had Bought Stratus Properties (NASDAQ:STRS) Stock Five Years Ago, You Could Pocket A 76% Gain TodayValuation
Is Stratus Properties undervalued compared to its fair value and its price relative to the market?
2x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate STRS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate STRS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: STRS is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.
PE vs Market: STRS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate STRS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: STRS is overvalued based on its PB Ratio (2x) compared to the US Real Estate industry average (1.4x).
Next Steps
Future Growth
How is Stratus Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.1%
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.
Next Steps
- Take a look at our analysis of STRS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Stratus Properties performed over the past 5 years?
-43.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STRS has large one-off items impacting its financial results.
Growing Profit Margin: STRS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: STRS is unprofitable, and losses have increased over the past 5 years at a rate of -43.8% per year.
Accelerating Growth: Unable to compare STRS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: STRS is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-25.2%).
Return on Equity
High ROE: STRS has a negative Return on Equity (-2.45%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Stratus Properties's financial position?
Financial Position Analysis
Short Term Liabilities: STRS's short term assets ($236.6M) exceeds its short term liabilities ($80.7M)
Long Term Liabilities: STRS's short term assets ($236.6M) do not cover its long term liabilities (349.6M)
Debt to Equity History and Analysis
Debt Level: STRS's debt to equity ratio (267%) is considered high.
Reducing Debt: STRS's debt to equity ratio has increased from 111% to 267% over the past 5 years.
Debt Coverage: STRS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STRS is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Inventory Level: STRS has a high level of physical assets or inventory.
Debt Coverage by Assets: STRS's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is Stratus Properties's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate STRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate STRS's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of STRS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Stratus Properties's salary, the management and board of directors tenure and is there insider trading?
21.3yrs
Average management tenure
CEO
Beau Armstrong (54yo)
21.5yrs
Tenure
US$1,771,969
Compensation
Mr. William H. Armstrong, III, also known as Beau, is the Chairman of the Board at Stratus Properties Inc. since August 1998, Chief Executive Officer since May 1998 and President since August 1996. Mr. Arm ...
CEO Compensation Analysis
Compensation vs Market: Beau's total compensation ($USD1.77M) is above average for companies of similar size in the US market ($USD1.14M).
Compensation vs Earnings: Beau's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
21.3yrs
Average Tenure
57yo
Average Age
Experienced Management: STRS's management team is seasoned and experienced (21.3 years average tenure).
Board Age and Tenure
6.8yrs
Average Tenure
64yo
Average Age
Experienced Board: STRS's board of directors are considered experienced (6.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Beau Armstrong (54yo)
Chairman of the Board
- Tenure: 21.5yrs
- Compensation: US$1.77m
Kenneth Jones (59yo)
General Counsel & Secretary
- Tenure: 21.3yrs
Erin Pickens (57yo)
Senior VP & CFO
- Tenure: 10.4yrs
- Compensation: US$597.67k
C. Whitmire
VP & Controller
- Tenure: 0yrs
Douglas Currault
Assistant Secretary
- Tenure: 0yrs
Board Members
Mike Madden (70yo)
Lead Independent Director
- Tenure: 6.8yrs
- Compensation: US$136.06k
Beau Armstrong (54yo)
Chairman of the Board
- Tenure: 21.5yrs
- Compensation: US$1.77m
Jim Leslie (64yo)
Independent Director
- Tenure: 23.8yrs
- Compensation: US$97.56k
John Schweitzer (74yo)
Independent Director
- Tenure: 3.7yrs
- Compensation: US$91.06k
James Joseph (58yo)
Independent Director
- Tenure: 3.9yrs
- Compensation: US$96.06k
Charles Porter (67yo)
Independent Director
- Tenure: 7.7yrs
- Compensation: US$90.06k
Ella Benson (33yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$83.56k
Company Information
Stratus Properties Inc.'s company bio, 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
- Market Cap: US$232.803m
- Shares outstanding: 8.20m
- 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 |
Biography
Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family reside ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/19 23:46 |
| End of Day Share Price | 2019/11/19 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.