Stratus Prop Stock Price, News & Analysis

Stratus Properties (NASDAQ: STRS) reported third-quarter and nine-month 2025 results showing weaker operating performance but strengthened liquidity. Q3 2025 net loss attributable to common stockholders was $(5.0) million, or $(0.62) per diluted share; nine-month 2025 net loss was $(7.6) million, or $(0.94) per diluted share.

Total revenues were $5.0 million in Q3 2025 and $21.6 million for nine months; declines were driven by fewer real estate sales versus 2024. Cash and equivalents were $55.0 million at September 30, 2025, and Stratus entered into an agreement to sell Lantana Place – Retail for ~ $57.4 million, expected to close Q4 2025.

Stratus Properties (NASDAQ: STRS) reported Q2 2025 results with net income of $0.3 million ($0.03/share), compared to a net loss of $(1.7) million in Q2 2024. Revenues increased to $11.6 million from $8.5 million year-over-year.

Key developments include: formation of a joint venture for Holden Hills Phase 2 development yielding $47.8 million cash distribution, sale of West Killeen Market retail project for $13.3 million generating a $5.0 million pre-tax gain, and completion of The Saint George multi-family project. The company held $59.4 million in cash with no revolving credit facility draws as of June 30, 2025.

The Board increased the share repurchase program from $5.0 million to $25.0 million, with $22.0 million remaining available after purchasing 135,620 shares at an average price of $22.13.

Stratus Properties (NASDAQ: STRS) has completed the sale of its West Killeen Market retail property for $13.3 million, generating pre-tax net cash proceeds of $7.8 million after expenses and repayment of a $5.2 million project loan. The sales price represents a premium to the property's gross value from December 2024. The H-E-B shadow-anchored retail project, located near Fort Cavazos in Killeen, Texas, consists of 44,493 square feet of commercial space. The development began in 2015 when Stratus acquired 21 acres and sold 11 acres to H-E-B for a 90,000 square-foot grocery store. Construction was completed in 2017, and three pad sites were sold between 2020 and 2022.

Stratus Properties (NASDAQ: STRS) reported a net loss of $(2.9) million, or $(0.36) per diluted share, in Q1 2025, compared to net income of $4.6 million in Q1 2024. Revenues decreased to $5.0 million from $26.5 million year-over-year, primarily due to no property sales in Q1 2025 compared to significant land and home sales in Q1 2024.

The company had $12.0 million in cash and $34.5 million available under its revolving credit facility. Key developments include: the opening of The Saint George units in April 2025, advancing construction of Amarra Villas homes and Holden Hills Phase 1, and a contract to sell West Killeen Market for $13.3 million. Stratus also refinanced project loans at lower interest rates, generating $4.2 million in additional cash proceeds.

Stratus Properties (NASDAQ: STRS) reported strong financial results for 2024, with net income of $2.0 million ($0.24 per diluted share), compared to a net loss of $14.8 million in 2023. Revenues surged to $54.2 million from $17.3 million, primarily driven by property sales including five Amarra Villas homes ($18.9 million), Magnolia Place land ($14.5 million), and increased leasing revenue from The Saint June.

The company maintained a solid financial position with $20.2 million in cash and $39.0 million available under its revolving credit facility. Through March 2025, STRS has repurchased 83,380 shares at an average price of $23.98 per share, with $3.0 million remaining in the buyback program.

Key developments include the successful lease-up of The Saint June, a 182-unit luxury project, and ongoing construction of Holden Hills Phase 1 and The Saint George, expected to complete in H1 2025. The company also refinanced several project loans, securing lower interest rates and generating additional cash proceeds of $7.7 million.

Stratus Properties (NASDAQ: STRS) has successfully completed a $24.0 million non-recourse loan refinancing for its retail property at Jones Crossing, a H-E-B anchored mixed-use project in College Station, Texas. The new loan, maturing April 1, 2028, features a lower interest rate than the previous loan and generated approximately $1.2 million in net cash proceeds.

This refinancing follows similar recent transactions at Kingwood Place and Lantana Place, aligning with Stratus' strategy to capitalize on lower interest rates while extending debt maturities. The company aims to retain these cash-flowing properties until real estate market conditions improve.

Stratus primarily focuses on real estate development and management in Austin and select Texas markets, with a portfolio including approximately 1,600 acres of commercial and residential projects. Their revenue streams come from property sales, leasing of retail, mixed-use and multi-family properties, and development and asset management fees.

Stratus Properties (NASDAQ: STRS) has successfully completed a $29.8 million refinancing for its Lantana Place retail property in Austin, Texas. The new loan, maturing February 1, 2029, replaces the existing construction loan and features a lower interest rate with interest-only payments for the first year.

The refinancing of the 99,377-square-foot retail property has resulted in approximately $3.0 million in distributions to Stratus. The company maintains full ownership of Lantana Place, which is part of a larger mixed-use development project located south of Barton Creek.

Stratus' portfolio includes approximately 1,600 acres of commercial and residential projects under development or undeveloped land. The company generates revenue through property sales, leasing of retail, mixed-use and multi-family properties, and development and asset management fees.

Stratus Properties (NASDAQ: STRS) has secured a $33.0 million non-recourse loan to refinance the construction loan for Kingwood Place, an H-E-B-anchored retail project in Kingwood, Texas. The company owns approximately 60% of the property through a partnership. The new loan, maturing December 1, 2027, features a tighter interest rate spread than the previous loan and is expected to generate payments and distributions of about $2.0 million to Stratus. The refinancing follows successful construction and substantial lease-up of the retail space, including the H-E-B grocery store.

Stratus Properties (NASDAQ: STRS) reported its Q3 and nine-month 2024 results, showing significant improvement from the previous year. The company reduced its Q3 net loss to $0.4 million ($0.05 per share) from $2.8 million in Q3 2023. Revenues increased to $8.9 million in Q3 2024 from $3.7 million in Q3 2023, driven by a $4.0 million Amarra Villas home sale and increased rental revenue from The Saint June. The company completed property sales totaling $38.6 million in the first nine months of 2024, including land sales at Magnolia Place and four Amarra Villas homes. The Saint June achieved 97% occupancy, and the company maintained strong liquidity with $19.6 million in cash and $39.6 million available under its revolving credit facility.