NasdaqGS:STRS

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Executive Summary

Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, and multi-and single-family residential real estate properties primarily in Austin, Texas.


Snowflake Analysis

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.4%

STRS

4.9%

US Real Estate

4.0%

US Market


1 Year Return

-36.4%

STRS

-20.7%

US Real Estate

5.0%

US Market

Return vs Industry: STRS underperformed the US Real Estate industry which returned -20.6% over the past year.

Return vs Market: STRS underperformed the US Market which returned 4.9% over the past year.


Shareholder returns

STRSIndustryMarket
7 Day13.4%4.9%4.0%
30 Day-6.5%-9.5%-1.1%
90 Day3.3%23.4%21.1%
1 Year-36.4%-36.4%-20.1%-20.7%7.2%5.0%
3 Year-37.4%-37.4%-18.5%-20.4%36.0%27.1%
5 Year21.2%16.9%-23.7%-26.1%65.3%46.9%

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

Valuation

Is Stratus Properties undervalued compared to its fair value and its price relative to the market?

1.3x

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 (1.3x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Stratus Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.8%

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

Past Performance

How has Stratus Properties performed over the past 5 years?

-47.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STRS is currently unprofitable.

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 -47.3% 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 (-12.4%).


Return on Equity

High ROE: STRS has a negative Return on Equity (-4.39%), as it is currently unprofitable.


Next Steps

Financial Health

How is Stratus Properties's financial position?


Financial Position Analysis

Short Term Liabilities: STRS's short term assets ($192.3M) exceed its short term liabilities ($71.6M).

Long Term Liabilities: STRS's short term assets ($192.3M) do not cover its long term liabilities ($355.4M).


Debt to Equity History and Analysis

Debt Level: STRS's debt to equity ratio (282.5%) is considered high.

Reducing Debt: STRS's debt to equity ratio has increased from 113% to 282.5% 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


Next Steps

Dividend

What is Stratus Properties's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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.


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

How experienced are the management team and are they aligned to shareholders interests?

21.9yrs

Average management tenure


CEO

Beau Armstrong (55yo)

22.17yrs

Tenure

US$1,548,398

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 ($USD1.55M) is about average for companies of similar size in the US market ($USD1.35M).

Compensation vs Earnings: Beau's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Armstrong
Chairman of the Board22.17yrsUS$1.55m6.23% $9.7m
Erin Pickens
Senior VP & CFO11.08yrsUS$554.32k0.39% $612.2k
Kenneth Jones
General Counsel & Secretary21.92yrsno datano data
C. Whitmire
VP & Controllerno datano datano data
Douglas Currault
Assistant Secretaryno datano datano data

21.9yrs

Average Tenure

58yo

Average Age

Experienced Management: STRS's management team is seasoned and experienced (21.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Armstrong
Chairman of the Board22.17yrsUS$1.55m6.23% $9.7m
Michael Madden
Lead Independent Director7.5yrsUS$133.21k0.39% $605.1k
James Leslie
Independent Director24.5yrsUS$99.71k0.57% $896.4k
James Joseph
Independent Director4.58yrsUS$103.21k0.035% $54.1k
Charles Porter
Independent Director8.33yrsUS$92.21k0.14% $225.1k
Ella Benson
Independent Director3.5yrsUS$85.71k0.016% $25.6k

7.9yrs

Average Tenure

62yo

Average Age

Experienced Board: STRS's board of directors are considered experienced (7.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$155.993m
  • Shares outstanding: 8.21m
  • Website: https://www.stratusproperties.com

Number of Employees


Location

  • Stratus Properties Inc.
  • 212 Lavaca Street
  • Suite 300
  • Austin
  • Texas
  • 78701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STRSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 1992

Biography

Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use properties; and residences in multi-family apartment complexes. Stratus Properties Inc. was founded in 1992 and is headquartered in Austin, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 23:58
End of Day Share Price2020/07/02 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.