Stratus Properties to Announce Quarterly Earnings on Monday

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Stratus Properties Stock Fair Value – Stratus Properties ($NASDAQ:STRS) Inc. is a real estate company that owns, develops, and manages properties in the United States. Stratus Properties is set to announce their quarterly earnings on Monday, November 14, before the market opens, according to Zacks reports.

Stratus Properties has interests in a number of properties, including residential, commercial, hospitality, and mixed-use. In recent years, the company has been focused on developing residential properties in Austin, Texas.

Earnings

In its earning report, the company revealed that it earned a total revenue of 25.5 million USD, and a net income of 157.5 million USD. Compared to the previous year, this represents a 9.6% decrease in total revenue, and a 174.4% increase in net income. Nevertheless, it has been able to maintain a high level of profitability thanks to its focus on cost-cutting measures.

Looking ahead, Stratus Properties remains confident in its ability to weather the current economic conditions and emerge even stronger. It is well-positioned to take advantage of the eventual recovery in the housing market and continue growing its business.

Share Price

The company’s stock opened at $29.6 on Tuesday and closed at $29.1, down by 0.8% from its last closing price of $29.3. This will be STRATUS PROPERTIES‘ first earnings report since it announced a strategic restructuring in January. Under the new plan, the company will focus on its core real estate business and divest non-core assets. STRATUS PROPERTIES’ stock has been volatile in recent months as investors have reacted to the company’s shift in strategy.

However, the company’s shares have still outperformed the wider market over the past year. investors will be closely watching Monday’s earnings report for further clues on how the company is progressing with its turnaround plan.

VI Analysis – Stratus Properties Stock Fair Value Calculator

Stratus Properties is a real estate investment trust that owns, develops, and operates properties primarily in the United States. The company has a portfolio of office, retail, residential, hotel, and industrial properties. Stratus Properties is headquartered in Austin, Texas. The company’s fundamentals reflect its long term potential.

The intrinsic value of Stratus Properties’ share is around $55.0, calculated by VI Line. Now Stratus Properties stock is traded at $29.1, undervalued by 47%.

VI Peers

The company’s properties include office, retail, and residential properties. Stratus Properties Inc’s competitors include Cityland Development Corp, City & Land Developers Inc, and TAG Immobilien AG.

– Cityland Development Corp ($PSE:CDC)

Land Development Corporation is a real estate company that engages in the acquisition, development, and sale of commercial and residential properties in the United States. The company’s portfolio includes office buildings, retail centers, residential communities, and mixed-use properties. It also provides property management services.

– City & Land Developers Inc ($PSE:LAND)

City & Land Developers Inc is a publicly traded company with a market capitalization of 1.11 billion as of 2022. The company is engaged in the business of developing, owning and operating real estate properties, primarily in the Greater Toronto Area. City & Land has a diversified portfolio of residential, commercial and industrial properties. The company’s return on equity was 11.23% as of 2022.

– TAG Immobilien AG ($LTS:0JK4)

Deutsche Wohnen is one of the largest residential real estate companies in Europe with a market cap of 1.11B as of 2022. The company’s return on equity is 14.59%. Deutsche Wohnen is engaged in the business of developing, managing and selling residential properties. The company’s portfolio includes approximately 170,000 apartments, located in major German cities.

Summary

If you’re looking for a solid real estate investment, you may want to consider Stratus Properties. Based in Austin, Texas, the company owns, operates, and develops a diverse portfolio of real estate assets, including residential, commercial, retail, and mixed-use properties. Stratus Properties has a strong track record of delivering shareholder value, and its stock has outperformed the broader real estate market over the past five years.

The company is well-positioned for continued growth, with a strong balance sheet and a disciplined approach to capital allocation. Investors in Stratus Properties can expect to receive a healthy dividend yield, as well as the potential for capital appreciation as the company’s portfolio of assets continues to generate strong returns.