Stratus Properties (NASDAQ:STRS) Announces Quarterly Earnings Results

Stratus Properties (NASDAQ:STRS) announced its quarterly earnings results on Thursday. The financial services provider reported ($0.13) EPS for the quarter, Bloomberg Earnings reports. Stratus Properties had a negative return on equity of 3.43% and a negative net margin of 3.57%. The company had revenue of $28.13 million during the quarter.

Shares of STRS stock opened at $16.75 on Friday. The company has a 50 day moving average price of $17.12 and a 200-day moving average price of $23.43. Stratus Properties has a 52 week low of $12.00 and a 52 week high of $33.40. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.77.

Separately, ValuEngine upgraded shares of Stratus Properties from a “hold” rating to a “buy” rating in a research note on Friday, March 27th.

About Stratus Properties

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through four segments: Real Estate Operations, Leasing Operations, Hotel, and Entertainment.

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Earnings History for Stratus Properties (NASDAQ:STRS)

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