Stratus Properties Inc. (STRS) To Go Ex-Dividend on July 13th

Stratus Properties Inc. (NASDAQ:STRS) announced a special dividend on Wednesday, July 1st. Stockholders of record on Monday, July 13th will be given a dividend of 5.00 per share by the financial services provider on Monday, July 20th. The ex-dividend date of this dividend is Monday, July 13th.

Stratus Properties Stock Down 4.1%

Stratus Properties stock opened at $27.59 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.70 and a quick ratio of 3.70. The stock has a market capitalization of $220.17 million, a PE ratio of 10.45 and a beta of 1.03. The business has a 50 day simple moving average of $29.06 and a 200-day simple moving average of $28.70. Stratus Properties has a 12 month low of $15.35 and a 12 month high of $32.93.

Stratus Properties (NASDAQ:STRS) last announced its earnings results on Tuesday, May 12th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter. The firm had revenue of $3.79 million for the quarter. Stratus Properties had a return on equity of 6.28% and a net margin of 74.96%.During the same quarter last year, the business earned ($0.36) EPS.

Wall Street Analyst Weigh In

STRS has been the topic of a number of research analyst reports. Weiss Ratings raised Stratus Properties from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, April 10th. Wall Street Zen lowered Stratus Properties from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Stratus Properties currently has a consensus rating of “Hold”.

Stratus Properties Company Profile

Stratus Properties, Inc (NASDAQ: STRS) is a publicly traded real estate investment and management company focused on acquiring, owning and operating single-tenant commercial properties in the United States. The company targets net?lease assets in the office, industrial and retail sectors, seeking long-term, creditworthy tenants under triple-net leases that transfer property-related expenses to lessees. Stratus Properties employs a disciplined investment strategy designed to generate stable, risk-adjusted returns for its shareholders.

Since its initial public offering in 2014, Stratus Properties has built a diversified portfolio of properties across major metropolitan and secondary markets.