Stratus Properties Inc. (STRS)

Stratus Properties completed the sale of its Lantana Place retail project for $57.5 million in cash on November 20, 2025, generating approximately $26.9 million in pre-tax net cash proceeds. The company reported a net loss attributable to common stockholders of $(5.0) million in Q3 2025, compared to a net loss of $(0.4) million in Q3 2024. Stratus Properties amended a loan agreement for flexibility on October 6, 2025. The company reported net income attributable to common stockholders of $0.3 million in Q2 2025 and increased its share repurchase program to $25 million on August 12, 2025. Stratus Properties completed the sale of West Killeen Market on May 27, 2025. The company reported a net loss attributable to common stockholders of $(2.9) million in Q1 2025 on May 15, 2025.

Demand for real estate in Stratus Properties' markets, particularly Austin, experiences fluctuations. Sales of developed properties and rental revenue contribute to overall revenue, and variations in sales activity can impact financial performance.

Stratus Properties operates in the Real Estate Development & Operations sector, offering multi-family and single-family residential properties, commercial properties, and operating hotel and entertainment businesses. Their portfolio includes luxury residential developments like Amarra Villas homes and multi-family projects such as The Saint June and The Saint George, as well as retail and mixed-use properties. Historically, they operated the W Austin Hotel and ACL Live at The Moody Theater, part of the Block 21 mixed-use development, which was sold.

The company primarily focuses on the Austin, Texas area, with additional projects in select Texas markets. Their principal executive offices are located in Austin, Texas.

Stratus Properties Inc. is known for building high-quality residential and commercial communities in Central Texas, emphasizing sustainability and innovation. The company holds an A+ rating from the Better Business Bureau, although it is not a BBB Accredited Business. No specific events negatively impacted its brand reputation in the past year beyond general financial performance.

Major institutional owners of Stratus Properties Inc. include Oasis Management Co. Ltd., Ingalls & Snyder LLC, Vanguard Group Inc., Hodges Capital Management Inc., and BlackRock, Inc. Individual insiders hold 9.59% of the stock, while the general public holds 31.5%. William H. Armstrong III is the Chairman of the Board and Chief Executive Officer, and Austin Strickland is the Chief Executive Officer.