{"filings":[{"id":1304927,"accession_number":"0000885508-26-000033","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-06-26T20:30:27+00:00","items":["2.01","8.01","9.01"],"status":"ready","headline":"Stratus completes sale of Jones Crossing – Retail for $46.5M, net cash $21.7M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale price $46.5M cash; pre-tax net proceeds ~$21.7M after costs and loan repayment.","Sold 154,092 sq ft retail including H-E-B, 22 undeveloped acres; Stratus retains 21-acre multi-family.","Fourth stabilized retail sale; part of Plan of Liquidation approved by stockholders June 1, 2026.","Pro forma total assets $522M, equity $375M post-transaction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1027396,"accession_number":"0000885508-26-000031","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-06-12T20:08:54+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stratus subsidiary Holden Hills amends construction loan, increases commitment to $36M and extends maturity to Aug 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Loan commitment increased by ~$9.9M to ~$36.0M for Holden Hills Phase 1 development in Austin, TX.","Maturity extended to August 8, 2027; interest rate set at 1-month SOFR + 3.00% with a 3.50% floor.","Outstanding balance as of June 10, 2026 is ~$12.6M with ~$12.8M available for future draws.","Holden Hills L.P. is a 50%-owned subsidiary of Stratus Properties; Stratus guarantees the loan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":777796,"accession_number":"0000885508-26-000029","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-06-01T20:04:45+00:00","items":["5.07"],"status":"ready","headline":"Stratus Properties shareholders approve complete liquidation and dissolution","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal to approve liquidation plan passed with 4,905,081 for, 5,612 against, 13,432 abstain.","Class I directors elected: Laurie L. Dotter, James E. Joseph, Michael D. Madden (three-year terms).","Advisory 'say-on-pay' passed: 3,894,628 for, 1,028,203 against, 1,294 abstain.","Ratification of CohnReznick LLP as auditor for 2026 approved: 6,129,967 for.","Adjournment proposal not needed as all items had sufficient votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":722356,"accession_number":"0000885508-26-000027","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-05-28T20:20:16+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stratus signs $46.5M deal to sell Jones Crossing retail to Brixmor, expects ~$20M net proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase price $46.5M cash; pre-tax net proceeds estimated at ~$20M after costs and loan repayment.","Sale covers 154,092 sq ft retail (including H-E-B), undeveloped commercial land; Stratus retains 21-acre multi-family component.","Closing expected Q2/Q3 2026; no financing condition; buyer deposits $930K earnest money in two installments.","H-E-B declined its right of first refusal; buyer may terminate for any reason before May 29, 2026 inspection deadline.","Stratus is in a Plan of Liquidation; proceeds will support future stockholder distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":22842,"accession_number":"0000885508-26-000021","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-05-12T12:17:32+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties to liquidate; board approves plan, estimated distributions $29.73-$37.69 per share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board unanimously approved complete liquidation and dissolution; stockholder vote at June 1, 2026 annual meeting.","Estimated liquidating distributions of $29.73 to $37.69 per share.","Q1 net income $6.6M ($0.82 diluted EPS) vs loss $(2.9M) ($(0.36)) in prior year.","Sold Kingwood Place for $60.8M; received $16.2M net; recorded $13.4M pre-tax gain.","Received $46.5M offer for Jones Crossing retail; contracts for New Caney land (~$12.7M) and Amarra Villas ($3.6M)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115435,"accession_number":"0000885508-26-000015","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Stratus Properties Inc. announces plan to liquidate and dissolve; estimates distributions of $29.73-$37.69 per share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved plan of complete liquidation and dissolution on March 24, 2026; subject to stockholder approval.","Estimated liquidating distributions of $29.73 to $37.69 per share; after-tax NAV $38.51 per share as of Dec 31, 2025.","Net income attributable to common stockholders $12.0M ($1.47 diluted EPS) for 2025 vs $2.0M ($0.24) in 2024.","Completed sales of Kingwood Place ($60.8M) and Lantana Place – Retail ($57.5M); cash and cash equivalents $74.3M at Dec 31, 2025.","Stock repurchase program: 235,421 shares bought in 2026 for $5.2M; $19.8M remaining from $25.0M authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115434,"accession_number":"0000885508-26-000006","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-03-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stratus Properties board approves plan to dissolve, estimates $29.73-$37.69 per share distributions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board unanimously approved complete liquidation and dissolution after strategic review initiated March 11, 2026.","Estimated total stockholder distributions of $29.73 to $37.69 per share from asset sales.","Plan subject to stockholder approval; proxy statement to be filed with SEC.","Board expects to reduce overhead costs and may voluntarily delist from Nasdaq.","Company reports 20-year record of profitable asset sales: 39% average pre-tax gain on $1.3B total sales."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115433,"accession_number":"0000885508-26-000004","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stratus Properties to pursue liquidation, sell all assets, distribute proceeds to stockholders","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board unanimously concluded strategic alternatives review; will pursue plan of liquidation and dissolution.","Plan entails sale of all or substantially all assets, distribution of net proceeds to stockholders, then dissolution.","Recently sold Kingwood Place, Lantana Place, West Killeen Market at premium to Dec 2024 gross values, boosting cash.","Proxy statement to be filed with SEC for stockholder approval; lender and third-party consents required.","Eastdil Secured serving as financial advisor; Jones Walker, Sidley Austin, Morris Nichols as legal advisors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115432,"accession_number":"0000885508-26-000002","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["1.01","2.01","8.01","9.01"],"status":"ready","headline":"Stratus completes Kingwood Place sale for $60.8M; extends credit facility to March 2028","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold Kingwood Place (H-E-B-anchored retail, 151,877 sq ft) for $60.8M cash; pre-tax net proceeds $27.1M.","Sale price was 9.3% premium to Stratus' pre-tax NAV; Stratus received $16.2M distribution after reserves.","Recognized pre-tax gain on sale of ~$13.7M (net of noncontrolling interests).","Tenth Modification extended revolving credit facility maturity to March 27, 2028; $17.4M available at closing.","Board's strategic alternatives process remains ongoing; no timetable set."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131856,"accession_number":"0000885508-25-000072","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-12-22T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Stratus Properties announces strategic alternatives review and $60.8M Kingwood Place sale","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board initiates review of strategic alternatives including sale of company, dissolution, or share repurchases.","Kingwood Place sold for $60.8M; expected pre-tax net cash proceeds of ~$26M after costs and loan payoff.","Sale expected to close Q1 2026; buyer deposited $1M earnest money with additional $1M after inspection.","Recent sales of Lantana Place and West Killeen Market completed; portfolio streamlined.","Eastdil Secured, Jones Walker, Sidley Austin engaged as advisors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131855,"accession_number":"0000885508-25-000069","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-11-20T23:59:59+00:00","items":["2.01","8.01","9.01"],"status":"ready","headline":"Stratus completes $57.5M sale of Lantana Place Retail; net cash ~$26.9M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale price $57.5M cash; pre-tax net proceeds ~$26.9M after loan payoff and costs.","Proceeds used to fully repay $29.8M project loan; cash balances increased to ~$82M pro forma.","Retains The Saint Julia (~210-unit multifamily) and 160k sq ft commercial entitlements.","Sales price a premium to Dec 2024 gross NAV per investor presentation.","Transaction improves balance sheet liquidity and reduces debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131854,"accession_number":"0000885508-25-000065","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties Q3 net loss $5.0M; revenue down 44% YoY; signs $57.4M Lantana Place sale","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common stockholders of $(5.0)M ($0.62 per share) in Q3 2025 vs $(0.4)M loss in Q3 2024.","Revenue fell to $5.0M from $8.9M YoY; no real estate sales in Q3 vs one Amarra Villas home sale in prior year.","Agreed to sell Lantana Place – Retail for ~$57.4M, expected Q4 2025; proceeds to repay $29.8M project loan.","Cash and equivalents $55.0M; no revolver draw; $21.1M remaining under $25M share repurchase program.","Board evaluating uses of cash including share repurchases, deleveraging, reinvesting, or other stockholder returns."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":21617000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131853,"accession_number":"0000885508-25-000063","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-10-23T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Stratus Properties to sell Lantana Place Retail for ~$57.4M; expects Q4 2025 close","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase price ~$57.4M; proceeds to repay ~$29.8M project loan.","Stratus retains The Saint Julia (210-unit multi-family) and 160K sq ft commercial entitlements.","Purchaser is Scripps CMH LLC (75.412%) and Lantana SRB LLC (24.588%) as tenants-in-common.","Earnest money $250K nonrefundable; no financing condition; inspection period expired.","Sale expected to close in Q4 2025, subject to customary closing conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131852,"accession_number":"0000885508-25-000061","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Stratus subsidiary amends construction loan, extends maturity to Oct 2027 and adds $1.5M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["The Saint June 182-unit Austin multifamily project loan amended: maturity extended to Oct 2, 2027.","Outstanding principal increased by $1.5M to $32.9M; interest rate margin reduced from 2.35% to 2.00%.","Monthly principal payments eliminated; new minimum debt yield covenant (≥8%) replaces DSCR covenant.","Partnership may distribute up to $1.5M to partners; Stratus's 50% guaranty remains in effect.","Stratus required to open $5M deposit account with Texas Capital Bank as part of amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148438,"accession_number":"0000885508-25-000055","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-08-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus reports Q2 net income $0.3M vs loss; cash rises on $47.8M JV distribution and asset sale","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income $0.3M ($0.03 EPS) vs net loss $1.7M ($0.21 loss) in Q2 2024.","Entered JV for Holden Hills Phase 2, received $47.8M cash distribution; sold West Killeen Market for $13.3M with $5.0M gain.","Cash and equivalents $59.4M at June 30; no revolver drawn; $17.7M availability.","Board raised share repurchase authorization from $5M to $25M; $22M remains.","Completed The Saint George multi-family and last two Amarra Villas; infrastructure for Holden Hills Phase 1 substantially complete."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":16648000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167245,"accession_number":"0000885508-25-000049","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["1.01","8.01"],"status":"ready","headline":"Stratus Properties forms JV for Holden Hills Phase 2, boosts buyback to $25M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Contributed land valued at $95.7M to Phase 2 JV; partner contributed $47.9M cash; Stratus received $47.9M distribution and holds 50% equity.","Borrowing base under Comerica revolving credit facility reduced from $54.1M to $23.3M as Phase 2 property released from collateral.","Share repurchase program increased from $5M to $25M; $23M remaining after $2M already repurchased.","Phase 1 partnership amended to align buy-sell provisions with Phase 2.","JV aims to develop 570-acre mixed-use project adjacent to Holden Hills Phase 1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167244,"accession_number":"0000885508-25-000047","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stratus completes $13.3M sale of West Killeen Market, generating ~$7.8M net proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale price of $13.3M is a premium to gross value in Dec 31, 2024 NAV calculation.","Net cash proceeds of ~$7.8M after transaction expenses and repayment of $5.2M project loan.","Property is a 44,493 SF retail center shadow-anchored by H-E-B in Killeen, TX near Fort Cavazos.","All three pad sites previously sold (2020-2022); development completed in 2017.","CEO cites strengthened financial position and enhanced shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167243,"accession_number":"0000885508-25-000042","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties reports Q1 net loss of $2.9M; revenue drops to $5.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common stockholders of $2.9M ($0.36 diluted) vs net income of $4.6M ($0.56) in Q1 2024.","Revenue fell to $5.0M from $26.5M, driven by no land or home sales in Q1 2025 vs 47 acres and two villas sold in prior year.","EBITDA negative $2.3M compared to positive $5.2M in Q1 2024.","First units at The Saint George available in April 2025; completion of Amarra Villas and Holden Hills Phase 1 expected in Q2 2025.","Entered contract to sell West Killeen Market for $13.3M, expected to close Q2 2025; project refinancings raised ~$4.2M net cash."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":5043000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167242,"accession_number":"0000885508-25-000027","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stratus Properties shareholders elect directors, approve say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected William H. Armstrong III and Kate B. Henriksen as Class III directors for three-year terms.","Advisory vote on executive compensation approved: 4,000,076 for, 1,423,435 against.","Frequency vote favored 1 year (4,970,561 votes) for future advisory say-on-pay.","Ratified CohnReznick LLP as independent auditor for 2025 with 7,327,295 votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184594,"accession_number":"0000885508-25-000020","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-03-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Stratus Properties reports full-year 2024 net income $2.0M vs loss $14.8M; revenue triples to $54.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to common stockholders of $2.0M ($0.24 diluted EPS) vs net loss of $14.8M ($1.85 loss per share) in 2023.","Revenue increased to $54.2M from $17.3M driven by sales of five Amarra Villas homes ($18.9M) and 47 acres at Magnolia Place ($14.5M).","After-tax Net Asset Value rose to $330.5M ($40.38/share) from $321.7M ($39.40/share) year-over-year.","Refinanced or amended project loans in Q4 2024 and Q1 2025, generating $7.7M in cash proceeds and lowering interest rates.","Cash and cash equivalents $20.2M at Dec 31, 2024; no balance on $39M revolving credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184593,"accession_number":"0000885508-25-000012","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["1.01","1.02","2.03","8.01","9.01"],"status":"ready","headline":"Stratus Properties completes $24M refinancing of Jones Crossing retail property","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $24.0M non-recourse loan matures April 1, 2028; initial rate 6.26% then SOFR+1.95% (floor 3%).","Net cash proceeds of ~$1.2M distributed to Stratus after repaying $22.6M existing loan and costs.","Loan is interest-only monthly, with prepayment subject to yield maintenance before April 1, 2026.","Old loan with Regions Bank terminated; H-E-B anchored project in College Station, Texas secures loan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184592,"accession_number":"0000885508-25-000002","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["1.01","1.02","2.03","8.01","9.01"],"status":"ready","headline":"Stratus Properties closes $29.8M refinancing of Lantana Place retail property","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $29.8M loan from Broadway National Bank, matures Feb 1, 2029; interest rate 6.83% then SOFR+2.35%.","Interest-only payments through Jan 31, 2026; thereafter principal & interest on 30-yr amortization.","Approx. $3.0M distributed to Stratus after repaying $25.7M of existing debt and $1.1M in costs/taxes.","Old loan with Southside Bank satisfied and terminated; new loan has lower rate and longer maturity.","Loan secured by 99,377-sf retail property within Stratus' Barton Creek mixed-use development."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201171,"accession_number":"0000885508-24-000074","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["1.01","1.02","2.03","8.01","9.01"],"status":"ready","headline":"Stratus closes $33M non-recourse refinancing of Kingwood Place; maturity Dec 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Loan of $33M at 1-month SOFR+1.80% (floor 3%), matures Dec 1, 2027; interest-only monthly.","Proceeds: ~$29M repaid existing Comerica loan, ~$800k transaction costs, ~$3.2M for expenses/distributions.","Stratus expects ~$2M in payments and distributions from the remaining proceeds.","Interest rate cap purchased at 6% strike with $33M notional through Dec 1, 2026; subsequent cap required.","Loan is non-recourse except customary carveout guaranty; no financial covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201170,"accession_number":"0000885508-24-000069","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Q3 net loss narrows to $0.4M; nine-month net income $2.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common stockholders Q3 2024: $0.4M ($0.05/share) vs loss $2.8M ($0.36) in Q3 2023.","Nine-month 2024 net income $2.5M ($0.30 diluted EPS) vs loss $13.9M ($1.74) in prior year.","Revenues Q3 $8.9M (up 142% YoY); nine-month $43.9M (up 238% YoY) driven by land and home sales.","Sold Magnolia Place – Retail for $8.9M (pre-tax gain $1.6M); one Amarra Villas home sold for $4.0M.","The Saint June occupancy 97%; no debt on revolving facility; new $5M share repurchase authorized."],"consensus_eps_estimate":null,"consensus_eps_actual":0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":43888000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201169,"accession_number":"0000885508-24-000065","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-10-15T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Stratus Properties subsidiary amends $32.3M construction loan for The Saint June, extends maturity to Oct 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Loan commitment increased by $2M to $32.3M; maturity extended to Oct 2, 2025.","Interest rate margin reduced from 2.85% to 2.35% (floating SOFR + 2.35%, floor 3.50%).","Exit fee of 1.0% on prepayments and repayments; monthly P&I ~$40,000.","Stratus guarantees loan; borrower is 34.13%-owned subsidiary The Saint June, L.P.","Proceeds used for operating reserves and repayment of partnership operating loans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217194,"accession_number":"0000885508-24-000061","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-08-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stratus Properties completes sale of Magnolia Place - Retail for $8.9M; cumulative sales $30.1M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale of 100% owned Magnolia Place – Retail for $8.9M yields pre-tax net cash proceeds of ~$8.6M.","Cumulative sales at Magnolia Place over 3 years total $30.1M; includes earlier pad sales and land.","Retains ~11 acres for 275 multi-family units and ~$12M in potential MUD reimbursement.","Construction loan for Magnolia Place development was repaid in full in February 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217193,"accession_number":"0000885508-24-000057","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties swings to net income in H1 2024; Q2 loss narrows to $0.21/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to common stockholders of $2.8M ($0.35/diluted) for H1 2024 vs. loss of $11.1M ($1.39) in H1 2023.","Q2 2024 net loss narrowed to $1.7M ($0.21/diluted) from $5.3M ($0.66) in Q2 2023.","Revenues rose to $35.0M in H1 2024 from $9.3M, driven by $14.5M land sale and $11.3M home sales.","The Saint June reached 98% occupancy; contract to sell Magnolia Place retail for $8.9M expected to close mid-August.","New $5.0M share repurchase program authorized; no purchases as of June 30."],"consensus_eps_estimate":null,"consensus_eps_actual":0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":34997000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236967,"accession_number":"0000885508-24-000049","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus swings to Q1 net income of $4.6M; revenue jumps to $26.5M on land sale","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to common stockholders $4.6M ($0.56 diluted) vs net loss of $5.8M ($0.73 loss) in Q1 2023.","Revenue surged to $26.5M from $5.8M YoY, driven by $14.5M sale of 47 acres at Magnolia Place.","Sold two Amarra Villas homes for total $7.6M at higher per-sq-ft vs one home for $2.5M a year ago.","Under contract to sell West Killeen Market for $12.8M; expected close Q2 2024 with ~$7.2M pre-tax net proceeds.","Cash $20.7M, no revolver drawn, $39.6M available; total debt $168.2M down from $175.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":26507000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236966,"accession_number":"0000885508-24-000035","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stratus Properties shareholders re-elect Porter and Rhone, approve say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected Charles W. Porter and Neville L. Rhone, Jr. as Class II directors for three-year terms.","Advisory vote on executive compensation received 3,920,475 for, 175,967 against, 15,827 abstentions.","Ratified appointment of CohnReznick LLP as independent auditor with 6,301,374 votes for, 1,038 against.","6,307,665 shares represented out of 8,065,322 outstanding, including 2,195,396 broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254563,"accession_number":"0000885508-24-000026","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-03-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Stratus Properties posts net loss of $14.8M in 2023 vs net income of $90.4M in 2022","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue fell to $17.3M from $37.5M; real estate ops revenue dropped to $2.6M from $24.8M.","EBITDA totaled -$10.7M in 2023 vs -$3.1M in 2022; operating loss widened to $16.9M.","After-tax NAV per share declined to $39.40 from $42.94; cash $31.4M, no revolver draws.","New $5M share repurchase program; completed prior $10M buyback at avg $25.68/share.","In Feb 2024 sold 47 acres at Magnolia Place for $14.5M; exploring sale of five retail properties."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254562,"accession_number":"0000885508-24-000016","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-03-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Stratus board unanimously rejects NXSTEP's unsolicited acquisition bid","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Board determined NXSTEP's Feb 20 proposal 'substantially undervalues' Stratus.","Stratus will continue executing its business strategy rather than pursue the bid.","Company will not comment further unless required or appropriate.","Lead independent director conveyed the decision in a letter dated March 4, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254561,"accession_number":"0000885508-24-000014","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-02-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stratus Properties completes ~47-acre sale at Magnolia Place for $14.5M, nets $5.3M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pre-tax net cash proceeds of ~$5.3M after expenses and repayment of $8.8M project loan.","Magnolia Place now has two fully-leased retail buildings (18,582 sq ft), 11 acres for ~275 multi-family units, and ~$12.1M in potential MUD reimbursements.","Combined with prior sales ($6.6M), total Magnolia Place sales reach $21.1M.","Sold land was planned for up to 600 multi-family units, second-phase retail, and seven pad sites."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254560,"accession_number":"0000885508-24-000012","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-02-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stratus Properties rejects $27.18/share NXSTEP bid; receives revised $27.30 offer","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Received unsolicited, non-binding proposal from NXSTEP on Jan 24 at $27.18/share; Board unanimously rejected as undervaluing company.","On Feb 20, NXSTEP raised estimated net purchase price to ~$27.30/share, subject to same conditions and incorrect assumptions.","Stockholder Oasis Management filed Schedule 13D amendment supporting NXSTEP's proposal.","Board will consider updated proposal consistent with fiduciary duties and respond in due course."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254559,"accession_number":"0000885508-24-000004","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2024-01-19T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Stratus removes land from Austin ETJ under new Texas law; faces lawsuit challenging constitutionality","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Completed removal of Holden Hills and Section N from City of Austin's extraterritorial jurisdiction under Texas Senate Bill 2038.","Filed with Travis County to grandfather both projects under most laws in effect at the time of filings.","Several Texas cities filed suit challenging SB 2038 as an unconstitutional delegation of legislative authority.","If law upheld, expects streamlined permitting, reduced costs, and potential for increased development density.","Continuing Phase I of Holden Hills; anticipates starting home building or home site sales in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272037,"accession_number":"0000885508-23-000053","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties Q3 2023 net loss $2.8M ($0.35/share) vs loss $2.4M; revenue down 63% to $3.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common stockholders $2.8M ($0.35 diluted) vs $2.4M loss ($0.29) in Q3 2022.","Total revenue $3.7M, down from $10.0M; no real estate sales in Q3 2023 vs $6.9M in prior year.","EBITDA negative $1.9M vs negative $1.2M in Q3 2022.","Completed construction of The Saint June; 25% of units leased with rents above initial projections.","Board authorized new $5M share repurchase program; prior $10M program completed with 389,378 shares repurchased at avg $25.68."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":13001000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288872,"accession_number":"0000885508-23-000033","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties Q2 2023 net loss $5.3M; revenue down 68% on no property sales","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $5.3M ($0.64/diluted share) vs net income of $96.6M ($11.53) in Q2 2022; six-month loss $11.1M.","Total revenue fell to $3.53M from $11.1M; leasing revenue up to $3.47M but real estate ops revenue near zero.","EBITDA was negative $3.84M vs positive $1.46M a year ago; operating loss widened to $5.35M.","The Saint June (182-unit multifamily) began occupancy July 2023, completion expected Sept 2023.","Share buybacks consumed $9.8M of $10M authorization; cash $44.1M, no revolver drawn, debt $137.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":9332000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309570,"accession_number":"0000885508-23-000026","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties Q1 2023 net loss $5.8M vs prior-year profit; Holden Hills distribution $35.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $5.8M ($0.71 diluted EPS) vs net income of $2.3M ($0.27) in Q1 2022.","Revenue $5.8M (up 87% YoY) but EBITDA swung to -$4.2M from +$2.4M.","Obtained financing for Holden Hills (475 residences); JV distributed $35.8M cash to Stratus in Q1.","Share repurchases: 359,553 shares bought for $9.2M at avg $25.64; $0.8M remaining from $10M authorization.","Liquidity: $50.9M cash, $42.7M available on revolver; no borrowings outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":5802000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309569,"accession_number":"0000885508-23-000024","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Stratus Properties shareholders approve officer exculpation amendment and re-elect three Class I directors","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment to certificate of incorporation to add officer exculpation effective May 11, 2023 (approved 4,293,734 For, 148,833 Against, 10,470 Abstain).","Class I directors Laurie L. Dotter (4,343,404 For), James E. Joseph (4,200,419 For), Michael D. Madden (4,329,142 For) elected for three-year terms.","Advisory vote on executive compensation: 3,350,551 For, 1,091,513 Against, 10,944 Abstain (2,103,545 broker non-votes).","Ratification of CohnReznick LLP as auditor for 2023: 6,527,661 For, 15,773 Against, 13,148 Abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328286,"accession_number":"0000885508-23-000014","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-03-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Stratus Properties reports record net income of $90.4M for 2022; special dividend of $4.67/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to common stockholders $90.4M ($10.99 diluted EPS) vs $57.4M ($6.90) in 2021.","Completed sale of Block 21 for $260M, recording pre-tax gain of $119.7M in discontinued operations.","Paid special cash dividend of $4.67 per share ($40M total) and approved $10M share repurchase program.","Total stockholders' equity $207.2M at Dec 31, 2022, up from $158.1M; after-tax NAV $355.3M ($42.94 per share).","Began construction on Holden Hills (475 residences) and The Saint George (316-unit multifamily) in Austin."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":5802000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328280,"accession_number":"0000885508-23-000019","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K/A","filed_at":"2023-03-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Stratus Properties reports record FY2022 net income of $90.4M; sells Block 21 for $260M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record net income attributable to common stockholders of $90.4M ($10.99 diluted EPS) vs $57.4M ($6.90) in 2021.","Completed sale of Block 21 for $260M, recording pre-tax gain of $119.7M in discontinued operations.","Paid special cash dividend of $4.67/share ($40M total) and initiated $10M share repurchase program (bought $8.7M through March 27, 2023).","Total stockholders' equity rose to $207.2M from $158.1M; after-tax NAV per share $42.94 vs $48.80 (decrease due to dividend).","New projects: Holden Hills (475 residences) broke ground in Q1 2023; The Saint George (316 units) construction started; The Saint June (182 units) expected completion Q3 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":5802000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328285,"accession_number":"0000885508-23-000012","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-03-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Stratus Properties reclassifies director Charles W. Porter and reduces board size to 7","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Charles W. Porter moved from Class III (term until 2025) to Class II (term until 2024) to fill vacancy from James C. Leslie's Nov 2022 retirement.","Board size reduced from 8 to 7 directors to rebalance classes as nearly equal as required by charter.","Current classes: Class I (Dotter, Joseph, Madden) expiring 2023; Class II (Porter, Rhone) expiring 2024; Class III (Armstrong, Henriksen) expiring 2025.","Porter remains designated director for LCHM Holdings under Investor Rights Agreement; no committee assignments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328284,"accession_number":"0000885508-23-000009","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-03-14T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Stratus Properties amends credit facility; extends maturity to March 27, 2025, raises BSBY floor to 0.5%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fifth Modification effective March 10, 2023 extends revolving credit facility maturity to March 27, 2025.","BSBY rate floor increased from 0.0% to 0.5%; interest now one-month BSBY + 4.0% (floor 0.5%).","Maximum borrowing capacity $53.7M; $42.7M available after $11.0M in letters of credit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328283,"accession_number":"0000885508-23-000007","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-03-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Stratus Properties adopts new executive incentive plans (AIP and LTIP) effective 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Compensation Committee approved Executive Annual Incentive Plan (AIP) and Long-Term Incentive Plan (LTIP) on Feb 24, 2023.","AIP provides annual cash awards based on pre-established performance goals for executive officers and key employees.","LTIP amends and restates prior PPIP; ties long-term awards to development project success with NAV-based and AIP performance adjustments.","For executive officers, LTIP payouts may be reduced up to 25% if NAV targets not met, and 5-10% if AIP average below target.","Executives receive the greater of LTIP or AIP payout for a given year, not both."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328282,"accession_number":"0000885508-23-000005","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-02-14T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Stratus Properties secures $26.1M loan for Holden Hills residential project, construction begins","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Secured $26.1M construction loan from Comerica Bank for Phase I of Holden Hills, a 495-acre, 475-home project in Barton Creek community.","Loan matures Feb 2026, interest at 1-month BSBY + 3.0% (floor 0.5%), interest-only payments, secured by Phase I and II land.","Stratus guaranteed loan and completion; must maintain Net Asset Value ≥$125M and Debt-to-Gross-Asset ≤50%.","Joint venture with unrelated third-party contributed 50% of equity; construction has begun, home sales expected late 2024.","MUD reimbursements estimated up to $6.4M for off-site improvements and $8.0M for on-site; applied to principal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328281,"accession_number":"0000885508-23-000002","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2023-02-06T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Stratus Properties forms JV for Holden Hills project; receives $30M cash, retains 50% stake","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Class A LP contributes land valued at $70M; Class B LP (Bartoni, LLC) contributes $40M cash, $30M distributed to Class A LP.","Stratus holds 50% equity interest in the Partnership; potential returns may increase above relative equity upon negotiated hurdles.","Partnership pursuing $26.1M construction loan guaranteed by Stratus for Phase I development.","Holden Hills Project: 495 acres in Austin, TX, planned for 475 residences across two phases (Phase I: 337 luxury sites + 12 estate lots).","Comerica borrowing base reduced from $60M to $52.4M after releasing Holden Hills property from collateral pool."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345945,"accession_number":"0000885508-22-000062","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2022-11-14T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Stratus Properties changes auditor from BKM to CohnReznick after BKM merger","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["BKM resigned as auditor effective Nov 15, 2022, after its business combination with CohnReznick LLP.","Audit committee approved CohnReznick as successor auditor for FY2022, effective Nov 15, 2022.","No disagreements or reportable events between Stratus and BKM during 2020-2022.","BKM's audit reports for FY2021 and FY2020 were unqualified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345944,"accession_number":"0000885508-22-000056","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2022-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Stratus Properties Q3 net loss $2.4M; declares $40M special dividend, $10M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common stockholders of $2.4M ($0.29 diluted) in Q3 2022 vs $3.8M loss ($0.46) in Q3 2021.","Board declared special cash dividend of $4.67/share ($40M total) paid Sept 29, 2022.","New $10M share repurchase program authorized; 105,415 shares bought for $2.6M at avg $25.02 through Nov 4.","Consolidated debt $124.2M, cash $63.5M at Sept 30, 2022; credit facility extended to March 2023.","Sold 28 acres at Magnolia Place for $3.2M and closed on Kingwood Place multifamily tract for $5.5M in Oct."],"consensus_eps_estimate":null,"consensus_eps_actual":11.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":24201000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345943,"accession_number":"0000885508-22-000053","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2022-11-07T23:59:59+00:00","items":["1.01","5.02"],"status":"ready","headline":"Stratus Properties repurchases 24,029 shares from retiring director, enters consulting agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["James C. Leslie retired from the Board after 26 years, effective November 4, 2022; no disagreement cited.","Stratus repurchased 24,029 shares for $732,884.50 under its share repurchase program.","Two-year consulting agreement for strategy and operations advice; aggregate fee of $200,000.","Transactions approved by Compensation, Audit Committees and Board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345942,"accession_number":"0000885508-22-000050","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2022-10-20T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Stratus Properties schedules Q3 2022 earnings release and conference call for Nov 14","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Q3 2022 financial results will be released before market open on November 14, 2022.","Conference call at 11:00 a.m. ET on November 14; domestic dial-in: 1-877-418-4843.","Replay available through November 28, 2022, access code 1633288."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":362357,"accession_number":"0000885508-22-000048","cik":885508,"company_name":"STRATUS PROPERTIES INC","ticker":"STRS","form_type":"8-K","filed_at":"2022-09-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stratus Properties declares $4.67 special dividend, authorizes $10M buyback","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special cash dividend of $4.67 per share, totalling ~$40M, payable Sept 29 to holders of record Sept 19.","New $10M share repurchase program authorized, replacing prior program with no expiration date.","Board obtained required debt-agreement consents; program reflects confidence in development pipeline.","Capital return funded by project sales and third-party financing; CEO cites strategic planning process."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.72,"calibrated_materiality_score":0.72,"market_cap_usd":227507612.37931034,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-09-02T23:59:59+00:00|362357"}