How did the residential and retail segments perform individually in terms of occupancy rates, rent growth, and net operating income?

The Stratus Properties release does not break out the residential and retail portfolios separately, so we can’t quote specific occupancy rates, rent‑growth percentages, or net operating income (NOI) for each segment from the information provided. The headline highlights only the consolidated net income for the quarter (a modest $0.3 million) and do not include the operating metrics that typically differentiate the two asset classes.

Given the absence of segment‑level data, the prudent trading approach is to treat the stock’s valuation on a “whole‑company” basis until the detailed earnings deck or the forthcoming conference call supplies the missing granularity. Compare Stratus’ aggregate NOI and rent‑growth trends to peer REITs that have disclosed residential vs. retail performance; if peers are showing a widening gap—e.g., retail NOI lagging behind a robust residential recovery—any weakness in Stratus’ retail exposure could weigh on the stock. Conversely, if the residential side is holding occupancy at >95% with double‑digit rent growth, that would support a bullish stance.

Actionable take‑aways

1. Hold‑or‑adjust pending data: Keep the position unchanged while you wait for the segment‑level metrics in the full 10‑K or the management commentary.
   
2. Watch for retail headwinds: If the upcoming call reveals retail occupancy slipping below 85% or rent growth turning negative, consider a short‑term defensive tilt or a stop‑loss around the current support level.
   
3. Benchmark against peers: Track comparable Texas‑focused REITs that report residential vs. retail performance. A divergence in those peers can serve as a proxy for Stratus until the company releases its own segment data.