Welcome to our dedicated page for St Joe news (Ticker: JOE), a resource for investors and traders seeking the latest updates and insights on St Joe stock.
St. Joe Co (JOE) is a leading real estate developer and asset manager focused on Northwest Florida's growth through residential communities, hospitality ventures, and commercial properties. This page serves as the definitive source for official company announcements and market-moving developments.
Investors and industry observers will find timely updates on earnings reports, strategic partnerships, project milestones, and regulatory filings. The curated news collection provides insights into JOE's operational priorities across its core segments: residential land sales, resort management, and commercial leasing activities.
Key updates include community development progress, hospitality expansions, land entitlement approvals, and financial performance metrics. All content is sourced directly from verified company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to St. Joe Co's latest business developments. Regularly updated to reflect new announcements, this resource supports informed analysis of JOE's position in Florida's dynamic real estate market.
The St. Joe Company (NYSE: JOE) reported strong Q1 2025 results with net income up 26% to $17.5 million and revenue increasing 7% to $94.2 million. Key performance highlights include:
- Real estate revenue grew 12% to $38.3 million with homesite closings up 15% to 249 units
- Leasing revenue reached a quarterly record of $16.3 million, up 14%
- Hospitality revenue increased 1% to $39.6 million
- Cash and equivalents rose to $94.5 million
The company maintained strong execution of its capital allocation strategy, funding $32.7 million in capital expenditures, paying $8.2 million in dividends, repurchasing $5.7 million in stock, and reducing debt by $2.5 million. The Board declared a quarterly dividend of $0.14 per share.
The St. Joe Company (NYSE: JOE) announces that its Homewood Suites Panama City Beach has received the prestigious Hilton 'Award of Excellence', placing it among the top 5% of Homewood Suites hotels. The hotel earned a 96% score on Hilton's quality assessment, with high marks in guest ratings and cleanliness scores.
Opened in 2022, the hotel features 131 one- and two-bedroom suites with full kitchens, and is strategically located next to the 160-acre Publix Sports Park. The property offers amenities including a swimming pool, fitness center, and complimentary breakfast.
The recognition adds to St. Joe's growing list of hospitality accolades, with other properties in their 12-hotel portfolio also receiving awards in 2025, including Camp Creek Inn, The Pearl Hotel, WaterColor Inn and Resort, and Hotel Indigo Panama City Marina.
The St. Joe Company (NYSE: JOE) reports significant growth in its Walton County residential communities, coinciding with the county's educational achievements. The Walton County School District has been ranked No. 1 in education across Florida by the Florida Policy Institute's 2025 Child Well-Being Index and No. 2 in high school graduation rate according to the Florida Department of Education.
Since 2017, the district has improved from 35th to 3rd place in state academic testing and increased graduation rates by over 20%. St. Joe's three major communities in Walton County - Watersound Origins, Watersound Origins West, and Watersound Camp Creek - have expanded to include over 1,000 completed homes and 3,500 homesites in various development stages as of December 31, 2024.
The company maintains a strong partnership with the Walton County School District, exemplified by their 2019 collaboration on the Magnet Innovation Center, a STEAM high school facility.
The St. Joe Company (NYSE: JOE) announces that its Hotel Indigo Panama City Marina has received the prestigious 'IHG Newcomer of the Year' award from IHG Hotels & Resorts. The 124-room hotel, which opened in June 2023, achieved the highest occupancy percentage among all St. Joe hotels in 2024.
The five-story waterfront property features two restaurants: Tarpon's, offering Southern coastal cuisine, and Steam on 5, a rooftop venue with bay views. The hotel's success is attributed to its strategic location in downtown Panama City's year-round business district, contributing to consistent occupancy rates regardless of seasonal fluctuations.
The property is part of St. Joe's 12-hotel portfolio and is managed by Ethan Register, who also oversees the company's Harrison's Kitchen and Bar. The award recognizes excellence in guest experience and operational standards among IHG's network of over 6,000 hotels globally.
The St. Joe Company (NYSE: JOE) announces a historic first-ever nonstop flight service between Northwest Florida Beaches International Airport (ECP) and New York's LaGuardia Airport (LGA). Delta Air Lines will operate this seasonal service starting June 14, 2025, running through Labor Day with weekly Saturday flights and daily service during the Fourth of July holiday period (June 28-July 6, 2025).
The announcement follows ECP's record-breaking 2024 performance, with over 1.8 million passengers, marking a 13% increase from 2023. The new route aims to enhance connectivity between the Northeast and Northwest Florida, potentially benefiting St. Joe's portfolio of 12 hotels and resorts, including luxury properties like The Pearl Hotel and Camp Creek Inn.
The St. Joe Company (NYSE: JOE) has announced the opening of its newest Watersound Club golf course, 'The Third,' designed by Love Golf Design Founders Davis Love III and Mark Love, along with Lead Architect Scot Sherman. Opening March 20, this 18-hole course represents the third golf course in the Watersound Club collection, located north of Shark's Tooth golf course.
The expansion responds to growing membership demand, adding to the club's existing 54 holes of championship golf. Recent additions to the club include the Watersound Camp Creek amenities featuring a wellness center, tennis and pickleball courts, pool complex, dining venues, and the Watersound Club Sporting Preserve. The Third is designed to complement existing courses while offering varied difficulty levels through strategic tee placement and green designs.
The St. Joe Company (NYSE: JOE) reported strong Q4 2024 results with notable growth across all segments. Q4 net income increased 43% to $18.9 million, while quarterly revenue grew 20% to $104.3 million.
Key Q4 highlights include:
- Real estate revenue up 23% to $46.5 million with record 331 homesite closings
- Hospitality revenue increased 19% to $42.2 million
- Leasing revenue rose 15% to $15.6 million with 95% occupancy rate
For full-year 2024:
- Total revenue reached $402.7 million, up 3% from 2023
- Record hospitality revenue of $199.2 million, up 31%
- Record leasing revenue of $60.3 million, up 19%
- The company maintained strong liquidity with $88.8 million in cash
The Board declared a quarterly dividend of $0.14 per share and increased stock repurchase authority to $100 million.
The St. Joe Company (NYSE: JOE) has launched a boutique real estate brokerage focused on home sales along Northwest Florida's gulf coast. The company appointed Diane Hausler as Senior Vice President to manage the brokerage's operations. Hausler brings over 22 years of real estate experience, previously serving as a sales executive at The Ebby Halliday Companies, where she led a team of up to 150 agents and contributed to $8.2 billion in total sales volume in 2023.
The brokerage plans to open its first office in St. Joe's WaterColor Town Center in spring, with plans for future expansion. This initiative aligns with St. Joe's strategy of growing 'asset-light' businesses, such as Watersound Insurance Agency and Watersound Title Agency, aiming to generate recurring revenue streams from residential community investments.
The St. Joe Company (NYSE: JOE) has released the fall/winter issue of Watersound Lifestyle, a biannual magazine for Watersound Club members. The publication showcases club amenities and community stories, featuring content about 'The Third', the newest Watersound Club golf course. The magazine also covers annual member traditions and documents the recent rapid expansion of club amenities. The issue is available in both print and digital formats.
Latitude Margaritaville Watersound, a joint venture between Minto Communities USA, The St. Joe Company (NYSE: JOE), and Margaritaville Holdings, has reached its 2,000th home sale since opening in May 2021. Located on Florida's Emerald Coast, the 55+ active adult community plans approximately 3,500 homes in its first phase.
The development features extensive amenities including the Latitude Town Square with an amphitheater, Paradise Pool, Fins Up! Fitness Center, and various recreational facilities. Home prices start from the $300s, with floor plans ranging from 1,210 to 4,048 square feet. The community is part of St. Joe's Bay-Walton Sector Plan, spanning 110,500 acres with 15 miles of Intracoastal Waterway frontage.
