Stratus Properties to liquidate; board approves plan, estimated distributions $29.73-$37.69 per share

STRATUS PROPERTIES INC

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).

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

STRATUS PROPERTIES INC reported first-quarter 2026 results: revenue $3.8 million, net income $6.6 million, EPS $0.82 per diluted share.

Period: first-quarter 2026
Revenue: $3.8 million
Net income: $6.6 million
EPS: $0.82 per diluted share
Result: reported results

Exact text from the filing

$3.6 million, which is subject to satisfaction of closing conditions. In April 2026, Stratus sold one Amarra Villas home for $3.6 million. • Revenues for first-quarter 2026 were $3.8 million compared to revenues of $5.0 million for first-quarter 2025. The decrease was primarily due to decreased revenue from Lantana Place – Retail, which was sold in fourth-quarter

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STRATUS PROPERTIES INC filing history →

Source: SEC EDGAR

accession 0000885508-26-000021

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