STRATUS PROPERTIES INC (STRS)
Real Estate · Real estate development and investment · NASDAQ
Stratus Properties is an Austin-based real estate developer focused on the high-growth Texas market through multi-family, single-family, and commercial projects.
What STRATUS PROPERTIES INC does
Stratus Properties is a real estate development and investment company that develops, owns, and operates real estate properties across multiple segments. The company generates revenue from real estate operations (development and sales), leasing operations on held properties, and gains from asset sales. As of Q1 2026, the company holds a substantial portfolio of real estate under development, land available for development, real estate held for sale, and real estate held for investment.
Themes: Real estate development, Property leasing and rental income, Land banking and acquisition, Real estate monetization
Fundamentals
- Price$19.07 as of 2026-08-26 close
- Market cap$152M as of 2026-08-26
- 1-year return-0.6% 2025-08-26 close $19.18 → 2026-08-26 close $19.07
- P/E7.46 as of 2026-08-26
- Net margin+75.0% as of 2026-08-26
- Gross margin-8.0% as of 2026-08-26
- ROE+10.8% as of 2026-08-26
- Debt / equity0.68 as of 2026-08-26
- Revenue growth (YoY)-12.4% as of 2026-08-26
- Revenue CAGR (3y)-7.3% SEC XBRL
- Beta1.27 as of 2026-08-26
- Last reported earnings2026-05-12 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +0.0%; pays a dividend.
How STRS compares in its sector
- price-to-earnings ratiobottom 10% 123 covered Real Estate peers, as of 2026-08-26
- net profit margintop 10% 161 covered Real Estate peers, as of 2026-08-26
- operating margintop 10% 161 covered Real Estate peers, as of 2026-08-26
- gross marginbottom 10% 156 covered Real Estate peers, as of 2026-08-26
- return on equitytop 25% 162 covered Real Estate peers, as of 2026-08-26
- 3-year revenue CAGRbottom 10% 155 covered Real Estate peers
- indicated dividend yieldbottom 10% 138 covered Real Estate peers, as of 2026-08-26
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, STRS's dividend was covered by reported results (earnings payout 9%). This describes past coverage, not a forecast.
- Earnings payout9% dividends / net income
- Free-cash-flow payoutnot assessable operating cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How STRATUS PROPERTIES INC looks technically
STRATUS PROPERTIES INC (STRS) is trading 26.9% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 19 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 33, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 12 trading days ago. It is 42.1% below its highest point of the past year. Trading volume is unusually light — only about 11% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 26.9% below its 200-day average, the long-term trend line — a long-term downtrend | -26.9% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $22.60 | $22.60 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $26.09 | $26.09 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Wave structure | its recent swings can be read as a completed five-part downward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes below 18.71. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible five-wave downward sequence, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 19 trading days ago — a "death cross", a bearish long-term signal | 19 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control | 34.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 33, neither overbought (above 70) nor oversold (below 30) | 33.4 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($18.71 to $20.38) — its "stochastic" reading is 22 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 21.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 19 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $32.93 | $32.93 |
|---|---|---|
| From the 52-week high | it is 42.1% below its 52-week high (its highest price of the past year) | -42.1% |
| Above the 52-week low | it is 7.1% above its 52-week low (its lowest price of the past year) | +7.1% |
| Below the 52-week high | it is 42.1% below its highest point of the past year | 42.1% |
| Since a 20-day breakout | it made a new 20-day low about 12 trading days ago | 12 sessions |
| Since a 55-day breakout | it made a new 55-day low about 12 trading days ago | 12 sessions |
| All-time high | its highest closing price on record is $46.44 (set on 2022-06-03) | $46.44 |
| Given back of the 52-week move | over the past year its closes ranged ($18.03 to $32.34), and it has given back almost all of its rise from last year’s low — 93% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $23.04 to $23.50. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 92.7% |
| From the all-time high | it is 58.9% below its all-time high | -58.9% |
| Nearest price level | it is sitting right on a resistance level at $19.14 — a price it turned at three times since 2025-03-13, most recently on 2025-10-10. Since 2024-08-26 it has 4 such levels below the current price and 16 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.4% |
| All-time low | its lowest closing price on record is $4.50 (set on 2009-07-17) | $4.50 |
| Above the all-time low | it is 323.8% above its all-time low | +323.8% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 75% of it) | 25th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6882 between its high and its low — about 3.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6882 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $18.63 and $20.03 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $18.63 – $19.33 – $20.03 |
| Typical daily range (% of price) | its price moves about 3.6% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.6% |
| Stretch from the 200-day average | it is trading 10.2 daily ranges below its 200-day average price (26.9% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 10.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 11% of its 30-day average | 0.11× |
|---|
Candlestick patterns
1
| Since a bullish engulfing | 6 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 6 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-26 1.0% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.0% |
|---|---|---|
| Open gap | it gapped 18.0% below the previous close 32 sessions ago and has not traded back through the level it left behind at 26.05 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -18.0% |
| Gap filled | a 2.1% gap up opened on 2026-08-19 has been "filled" 5 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 5 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 7.5 percentage points (the stock lost 3.8% while the market gained 3.7%) | -7.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 35.8 percentage points (the stock lost 33.7% while the market gained 2.1%) | -35.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 49.6 percentage points (the stock lost 38.5% while the market gained 11.1%) | -49.6% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 19.3 percentage points (the stock lost 0.6% while the market gained 18.7%) | -19.3% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 23% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-21 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 2.9% of the share price. | -22.7% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 24% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $25.16 — a volume-weighted average of daily closes over 160 sessions, not a true tick-by-tick VWAP. | -24.2% |
|---|
Price levels it has turned at before
STRS last closed at $19.07 on 2026-08-26. Since 2024-08-26 it has turned at 4 prices below its last close and 16 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $19.14 | Resistance | 0.4% above the last close | turned there three times · 2025-03-13 to 2025-10-10 |
| $18.64 | Support | 2.2% below the last close | turned there four times · 2025-11-03 to 2026-08-11 |
| $18.15 | Support | 4.8% below the last close | turned there three times · 2025-01-14 to 2025-09-03 |
| $17.61 | Support | 7.7% below the last close | turned there five times · 2025-03-04 to 2025-07-15 |
| $20.67 | Resistance | 8.4% above the last close | turned there six times · 2025-01-21 to 2026-08-03 |
| $21.12 | Resistance | 10.8% above the last close | turned there twice · 2025-05-19 to 2025-07-10 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $18.71.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 5 trading days, since 2026-08-20.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Recent death cross (50-day crossed below 200-day) · Pulled back from the 12-month high · lagging the market · Stretched far below its 200-day average (6+ daily ranges) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Real estate impairment risk: significant carrying amounts in real estate under development and land available for development ($268.7M combined at Q1 2026) are subject to impairment if fair values decline or development timelines extend","Market cyclicality: revenue and profitability are highly dependent on real estate market conditions, sales pace, and pricing assumptions; YoY revenue declined 12.4% indicating market sensitivity","Leverage and debt service: the company carries $143.8M in debt obligations requiring capital allocation and limiting financial flexibility during downturns or extended development periods"]
What changed in the latest 10-Q
AI-assisted comparison of STRS's 10-Q filed 2026-05-12 against the prior one filed 2025-11-12.
Management's Discussion & Analysis (MD&A)
- Added:
- New paragraph in newer filing describing Board's December 2025 strategic alternatives review and March 24, 2026 approval of Plan of Liquidation with estimated liquidating distributions of $29.73 to $37.69 per share
- New BUSINESS STRATEGY section language in newer filing stating Plan of Liquidation will be submitted to stockholders for approval
- New language in newer filing describing near-term strategy pending stockholder approval of Plan of Liquidation, including asset preservation, monetization, debt management, and conditional continuation if stockholders reject the plan
- Statement in newer filing that 'current business and investment strategy reflected in this report does not reflect our anticipated business and investment strategy if stockholders approve the Plan of Liquidation'
- Reference to Part I, Item 1A Risk Factors in 2025 Form 10-K regarding Plan of Liquidation in newer filing
- Specific sale information added in newer filing: Lantana Place – Retail sale for approximately $26.9 million pre-tax cash proceeds and Kingwood Place sale for $16.2 million pre-tax cash proceeds
- Newer filing specifies consolidated cash of $73.5 million and $24.7 million available under revolving credit facility as of March 31, 2026
- Removed:
- Older filing's statement 'Our primary business objective is to create value for stockholders by methodically developing and enhancing the value of our properties and then selling them or holding them for lease' removed from newer filing
- Older filing's statement about selling properties when market conditions favorable removed from newer filing
- Older filing's statement about focus on 'development of pure residential and residential-centric mixed-use projects' removed from newer filing
- Older filing's statement about refinancing properties removed from newer filing
- Phrase 'From time to time, when deemed appropriate' replaced with 'When deemed appropriate' in newer filing
- Older filing's specific repurchase amount statement 'As of November 7, 2025, we had repurchased $3.9 million of our shares' removed from newer filing
- Older filing's language about 'cash distribution from the Holden Hills Phase 2 partnership and recent property sales' changed to specify completed sales in newer filing
- Older filing's pending sale language 'Subsequent to the end of the third quarter, we also entered into an agreement, as amended, to sell Lantana Place – Retail for approximately $57.4 million' removed from newer filing as sale now completed
- Older filing's statement 'Our Board is carefully exploring opportunities for the use of cash' removed from newer filing
- Older filing's statement about 'combination of further share repurchases, deleveraging, reinvesting in Stratus' project pipeline and/or other cash returns to stockholders' removed from newer filing
- Older filing's references to 2024 Form 10-K changed to 2025 Form 10-K in newer filing
- Older filing's discussion of historical sales and distributions (The Santal, The Saint Mary, Block 21, Holden Hills Phase 1 and Phase 2) removed from newer filing
- Older filing's statement about belief in 'unique nature and location of our assets' and team's execution ability removed from newer filing
- Older filing's discussion of material commitments to contribute cash to joint ventures removed from newer filing
- Older filing's detailed discussion of anticipated future operating loans to The Annie B removed from newer filing
- Reworded:
- Reference year changed from '2024 Form 10-K' to '2025 Form 10-K' for the annual report year ended December 31
- Risk Factors reference changed from 'Part II, Item 1A. Risk Factors herein' (in 2025 Q3 filing) to only reference to 2025 Form 10-K Risk Factors in newer filing
- Cash position statement changed from 'As of September 30, 2025' to 'As of March 31, 2026' reflecting different quarter end
- Consolidated cash changed from '$55.0 million' to '$73.5 million'
- Available revolving credit facility changed from '$17.5 million' to '$24.7 million'
- Letters of credit committed against facility changed from '$11.6 million' to '$3.4 million'
- 'Investment strategy' language replaced with 'current investment strategy' in newer filing
- Notes:
- The older filing appears truncated at the end, preventing full comparison of discussion of material commitments and anticipated future obligations
- The newer filing text also appears truncated at the end, preventing complete assessment of whether additional language was added or removed regarding sources of cash flow
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 7 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 7 sells ($5M) — 2 selling insiders
- Last 180 days0 buys · 30 sells ($11M) — 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-07-08. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about STRS's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding STRS as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 458,380
- Reported value $13,989,758
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 1 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
STRS had 118,847 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
STRS had 1.49% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.45 days to cover at the same settlement.
- Reported short interest (shares) 118,847
- Short interest (% of shares outstanding) 1.49%
- Prior settlement (shares) 105,737
- Reported change 12.4%
- Days to cover (reported) 1.45
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does STRATUS PROPERTIES INC (STRS) do?
Stratus Properties is a real estate development and investment company that develops, owns, and operates real estate properties across multiple segments. The company generates revenue from real estate operations (development and sales), leasing operations on held properties, and gains from asset sales. As of Q1 2026, the company holds a substantial portfolio of real estate under development, land available for development, real estate held for sale, and real estate held for investment.
What sector is STRATUS PROPERTIES INC (STRS) in?
STRATUS PROPERTIES INC (STRS) is classified in the Real Estate sector. Its industry is Real estate development and investment. It trades on NASDAQ.
Does STRS pay a dividend?
Yes — STRATUS PROPERTIES INC (STRS) pays a dividend, with an indicated yield of about 0.01% (market data, as of 2026-08-26). Informational only — not financial advice.
Who are STRATUS PROPERTIES INC's (STRS) competitors?
Notable peers of STRATUS PROPERTIES INC (STRS) include Meritage Homes, Lennar Corporation, KB Home, Toll Brothers and D.R. Horton. This peer set is informational only — not financial advice.
Is STRATUS PROPERTIES INC (STRS) overbought or oversold right now?
STRATUS PROPERTIES INC (STRS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 33, in the neutral middle (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on STRS come from?
Fundamentals and prices come from market data, as of 2026-08-26; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-26. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.