Previous Close | 22.02 |
Open | 22.01 |
Bid | 8.88 x 2900 |
Ask | 24.50 x 3000 |
Day's Range | 22.01 - 22.57 |
52 Week Range | 18.55 - 29.99 |
Volume | |
Avg. Volume | 7,518 |
Market Cap | 176.311M |
Beta (5Y Monthly) | 1.18 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.50 |
Earnings Date | Mar 29, 2024 - Apr 02, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Sep 16, 2022 |
1y Target Est | N/A |
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AUSTIN, Texas, February 27, 2024--Stratus Properties Inc. (NASDAQ: STRS) ("Stratus" or the "Company") today announced that it completed the previously disclosed sale of approximately 47 acres at Magnolia Place for $14.5 million. The sale generated pre-tax net cash proceeds to Stratus of approximately $5.3 million, after transaction expenses and payment of the remaining $8.8 million project loan. With the completion of this sale and prior sales of portions of the project, Magnolia Place, which is
AUSTIN, Texas, February 21, 2024--Stratus Properties Inc. (NASDAQ: STRS) ("Stratus" or the "Company") today confirmed that on January 24, 2024 it received an unsolicited, non-binding proposal from NXSTEP Opportunity Partners ("NXSTEP") to acquire Stratus for $27.18 per share in cash, subject to adjustments. NXSTEP’s proposal was subject to a number of conditions and assumptions, including important assumptions that were incorrect.
Key Insights Given the large stake in the stock by institutions, Stratus Properties' stock price might be vulnerable to...