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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$18.00 as of 2026-10-20 close
  • Market cap$144M as of 2026-04-30 (share count; price 2026-10-20)
  • 1-year return-8.4% 2025-10-20 close $19.64 → 2026-10-20 close $18.00
  • P/En/a not reported by our data source
  • Net margin+9.4% FY2025, SEC XBRL
  • ROE+0.8% FY2025, SEC XBRL
  • ROICn/a No figure: its filing tags none of the debt lines we read, which is not evidence of zero debt.
  • Debt / equityn/a No figure: its filing tags none of the debt lines we read, which is not evidence of zero debt.
  • Revenue growth (YoY)-44.8% FY2025, SEC XBRL
  • Revenue CAGR (3y)-7.3% SEC XBRL
  • Beta1.21 as of 2026-09-02
  • Last reported earnings2026-05-12 SEC EDGAR Form 8-K (Item 2.02)

Dividend: pays a dividend.

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How STRS compares in its sector

  • net profit marginmiddle range 154 covered Real Estate peers, as of 2026-09-02
  • operating marginmiddle range 96 covered Real Estate peers, as of 2026-09-02
  • return on equitymiddle range 158 covered Real Estate peers, as of 2026-09-02
  • 3-year revenue CAGRbottom 10% 155 covered Real Estate peers

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.

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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.

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Quarterly results

QuarterRevenueOperating incomeNet incomeDiluted EPSOperating cash flow
Q1 FY2026 2026-03-31$4M$15M$14M$0.82-$16M
Q4 FY2025 2025-12-31$8M†$23M†$17M†$2.41†-$6M†
Q3 FY2025 2025-09-30$5M-$8M-$8M-$0.62-$9M†
Q2 FY2025 2025-06-30$12M-$759000-$2M$0.03-$2M†
Q1 FY2025 2025-03-31$5M-$4M-$4M-$0.36-$13M
Q4 FY2024 2024-12-31$10M†-$1M†-$1M†-$0.06†-$3M†
Q3 FY2024 2024-09-30$9M-$2M-$1M-$0.05-$686000†
Q2 FY2024 2024-06-30$8M-$3M-$3M-$0.21-$8M†

† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.

Balance sheet at 2026-03-31

  • Cash and equivalents$74M
  • Total debtnot shown the filing tags none of the debt lines we read — not evidence of zero debt

From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.

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How STRATUS PROPERTIES INC looks technically

STRATUS PROPERTIES INC (STRS) is trading 29.3% 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 57 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 2 trading days ago. It is 2.4% above its 52-week low (its lowest price of the past year). Trading volume is running unusually high — about 2.5× its 30-day average, a sign of heightened interest.

Trend

8
Distance from the 200-dayit is trading 29.3% below its 200-day average, the long-term trend line — a long-term downtrend-29.3%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $18.59$18.59
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $25.47$25.47
Swing structureeach 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 nextlower highs and lower lows
Last swing turnits last significant turn was a swing low 28 calendar days ago — the swings before that are what the structure reading is measured on28 sessions
Wave structureits recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that downward direction; the labelling fails if price closes above 18.71. It is the only labelling that fits, and it describes the swings already printed, not what comes next.possible downward five-wave sequence, in wave 4
Since the 50/200 crossits 50-day average crossed below its 200-day average about 57 trading days ago — a "death cross", a bearish long-term signal57 sessions
Trend strength (14-day ADX)there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend)16.4

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30)42.5
Position in its 14-day rangeit is trading in the lower half of its 14-day range ($17.58 to $18.80) — its "stochastic" reading is 34 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 climbing within that range over the last few sessions.34.4
Since the MACD crossed zeroMACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish)57 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $32.93$32.93
From the 52-week highit is 45.3% below its 52-week high (its highest price of the past year)-45.3%
Above the 52-week lowit is 2.4% above its 52-week low (its lowest price of the past year)+2.4%
Below the 52-week highit is 45.3% below its highest point of the past year45.3%
Since a 20-day breakoutit made a new 20-day low about 2 trading days ago2 sessions
Since a 55-day breakoutit made a new 55-day low about 2 trading days ago2 sessions
All-time highits highest closing price on record is $46.44 (set on 2022-06-03)$46.44
Given back of the 52-week moveover the past year its closes ranged ($17.76 to $32.34), and it has recovered essentially none of its fall from last year’s high — 2% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $26.77 to $27.24. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.1.6%
From the all-time highit is 61.2% below its all-time high-61.2%
Nearest price levelit is trading 0.6% below a resistance level at $18.11 — a price it turned at four times since 2025-01-14, most recently on 2026-09-22. Since 2024-10-21 it has 2 such levels below the current price and 15 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.+0.6%
All-time lowits lowest closing price on record is $4.50 (set on 2009-07-17)$4.50
Above the all-time lowit is 300.0% above its all-time low+300.0%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 76% of it)24th percentile
Typical daily rangein a typical session it travels about $0.296 between its high and its low — about 1.6% 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$0.296
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $17.67 and $18.64 — 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$17.67 – $18.16 – $18.64
Typical daily range (% of price)its price moves about 1.6% in a typical session — among the calmest in the catalog. 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 price1.6%
Stretch from the 200-day averageit is trading 25.2 daily ranges below its 200-day average price (29.3% 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 scale25.2 daily ranges below its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is running unusually high — about 2.5× its 30-day average, a sign of heightened interest2.48×

Candlestick patterns

4
Since a dojitoday it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session leveltoday
Since a hammer4 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close4 sessions ago
Since a bullish engulfing3 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 it3 sessions ago
Since a bearish engulfing4 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it4 sessions ago

Price gaps

2
Gap at the openit opened on 2026-10-20 1.4% above 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+1.4%
Gap filleda 2.1% gap up opened on 2026-08-19 has been "filled" 43 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it43 sessions ago

Price streaks

1
Closing streakit closed higher in its latest session, after a session that did not close higher — a single up day rather than a run1 session up

Relative strength

4
vs market, 1 monthover the past 1 month this stock lagged the market by 2.3 percentage points (the stock lost 1.4% while the market gained 1.0%)-2.3%
vs market, 3 monthsover the past 3 months this stock lagged the market by 14.9 percentage points (the stock lost 11.2% while the market gained 3.6%)-14.9%
vs market, 6 monthsover the past 6 months this stock lagged the market by 48.5 percentage points (the stock lost 40.0% while the market gained 8.5%)-48.5%
vs market, 12 monthsover the past 12 months this stock lagged the market by 22.9 percentage points (the stock lost 8.4% while the market gained 14.6%)-22.9%

Signal agreement

2
Bullish technical signals1 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 forecast1 of 9
Bearish technical signals5 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast5 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading 6.4% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-14 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 thick, spanning 25.6% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross.-6.4%

Volume-weighted price

1
Vs this year’s average price paidthe price is 27% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $24.69 — a volume-weighted average of daily closes over 198 sessions, not a true tick-by-tick VWAP.-27.1%

Price levels it has turned at before

STRS last closed at $18.00 on 2026-10-20. Since 2024-10-21 it has turned at 2 prices below its last close and 15 above; the 2 nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$18.11Resistance0.6% above the last closeturned there four times · 2025-01-14 to 2026-09-22
$17.61Support2.2% below the last closeturned there five times · 2025-03-04 to 2025-07-15
$18.69Resistance3.9% above the last closeturned there six times · 2025-11-03 to 2026-09-30
$19.14Resistance6.3% above the last closeturned there three times · 2025-03-13 to 2025-10-10
$15.43Support14.3% below the last closeturned there twice · 2025-04-04 to 2025-08-01

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 in leg 4 of five, a pullback against that direction.

This labelling fails — stops being a possible reading at all — if it closes above $18.71.

It is the only labelling that fits these swings, though its proportions are not the textbook ones.

On past moves of this shape the leg has usually ended somewhere between $18.46 and $18.71 — that is where it has tended to end if the count holds, not a forecast of where the price goes.

This reading has stood for 6 trading days, since 2026-10-13.

Read from daily closes as of 2026-10-20.

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.

Based on daily closing prices as of 2026-10-20. Describes past price behavior only — informational, not financial advice.

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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"]

See STRS's biggest risks from its latest 10-Q →

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.

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Insider activity (SEC Form 4)

No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-17. The 4 days since 2026-10-17 have not been checked yet.

  • Last 180 days · read to 2026-10-170 buys · 14 sells ($7M) — 2 selling insiders

Most recent open-market transaction: 2026-07-08. Based on Form 4 filings read through 2026-10-17; anything filed since is not yet included.

View full insider trading history → View SEC Form 3/4/5 filings

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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 2026-06-30 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 4
  • Reported shares held 131,252
  • Reported value $3,773,482

reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 1 increased, 3 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.

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Short interest (FINRA)

STRS had 89,218 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).

STRS had 1.12% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.92 days to cover at the same settlement.

  • Reported short interest (shares) 89,218
  • Short interest (% of shares outstanding) 1.12%
  • Prior settlement (shares) 89,417
  • Reported change -0.22%
  • Days to cover (reported) 4.92

Reported to FINRA as of the 2026-09-30 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.

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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 (market data, as of 2026-09-02). 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 43, in the neutral middle (as of 2026-10-20). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on STRS come from?

Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; 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: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-10-20.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.