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St Joe - JOE STOCK NEWS

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.

Overview of St. Joe Co (JOE)

St. Joe Co is a Florida-based real estate development and management firm with an extensive portfolio that spans residential, hospitality, and commercial segments in northwest Florida. The company is deeply integrated into the region's growth trajectory, leveraging its significant land holdings, natural assets, and strategic planning expertise to create long‑term value through the development of resort and residential communities, commercial projects, and diverse lifestyle destinations. Keywords such as real estate development, asset management, and entitlement planning highlight the company's approach to harnessing the economic potential of northwest Florida.

Residential Segment

The Residential segment of St. Joe Co is dedicated to planning and developing high‑quality communities, with an emphasis on sustainable, mixed‑use environments that cater to those seeking to live, work, and play near Florida's renowned white sand beaches. By selling homesites to both retail consumers and homebuilders, the company delivers value through well‑designed communities that integrate essential living amenities with a lifestyle focused on leisure and connectivity.

Hospitality and Leisure

The Hospitality segment showcases the company's commitment to creating dynamic leisure and resort experiences. Operating a blend of private membership clubs, hotels, food and beverage services, golf courses, beach clubs, marinas, and various retail outlets, St. Joe Co delivers a well‑rounded hospitality portfolio. This integrated approach not only maximizes revenue from diversified streams but also enhances the allure of its resort communities by offering residents and visitors a rich array of recreational and entertainment options.

Commercial and Land Utilization

In its Commercial segment, St. Joe Co focuses on the development, leasing, and management of commercial properties, multi‑family dwellings, senior living accommodations, and self‑storage facilities. Additionally, the company oversees extensive planning, entitlement, and sale of commercial and rural land holdings. These efforts are designed to stimulate local economic growth, generate jobs, and support community development, solidifying its role as a pivotal player in the regional real estate market.

Integrated Asset Management

Beyond its development activities, St. Joe Co manages a diverse range of natural and tangible assets. The company conducts timber operations on thousands of acres and offers rural acreage for sale, adding another dimension to its asset management strategy. This diversified approach ensures that the company optimally leverages the various revenue potentials embedded in its extensive land portfolio.

Market Position and Value Proposition

St. Joe Co is uniquely positioned within northwest Florida due to its long‑term strategic vision and deep understanding of local market dynamics. The company not only addresses the immediate needs of residential and commercial development but also fosters broader economic growth by creating vibrant, multi‑purpose communities. Its operations, underpinned by rigorous planning, entitlement expertise, and a commitment to quality, reflect its comprehensive approach to real estate and asset management, ensuring that the intrinsic value of its land and natural assets is realized over time.

Operational Excellence and Regional Impact

With a focus on operational excellence and sustainable development, St. Joe Co continuously refines its methodology to address evolving market demands. The company invests in projects that enhance the quality of life for local residents while also bolstering the region's economic infrastructure. Its integration of hospitality, residential, and commercial developments provides a balanced portfolio that supports the multifaceted growth of northwest Florida, reinforcing its status as a cornerstone in the local real estate market.

Conclusion

In summary, St. Joe Co (JOE) stands out as a comprehensive real estate developer and asset management company with a multi‑sector, integrated approach. Its extensive land assets, combined with its diversified operations in residential, hospitality, and commercial developments, underline the company's commitment to fostering long‑term value and regional economic growth. Through its strategic use of natural resources and deep market insights, St. Joe Co continues to shape the landscape of northwest Florida, offering a rich variety of lifestyle and economic opportunities.

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The St. Joe Company (NYSE: JOE) reported a 12% increase in total revenue for Q1 2023, reaching $73.0 million, up from $64.9 million in Q1 2022. Hospitality revenue surged by 50% to $24.5 million, while leasing revenue rose by 34% to $11.8 million. However, real estate revenue declined by 5% to $35.0 million. Net income attributable to the company fell to $10.4 million from $13.4 million due to increased pre-opening expenses of $2.4 million for upcoming hotels. The company sold 327 homesites, a significant increase of 81% compared to 181 homesites in Q1 2022. A quarterly dividend of $0.10 per share is declared, payable on June 15, 2023.

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The St. Joe Company (NYSE: JOE) has launched the spring/summer edition of its member magazine, "Watersound Lifestyle." This biannual publication highlights new amenities at the Watersound Club, which include a new restaurant and various community stories. Additionally, it features insights into coastal ecology from an affiliated PhD and information about the recently reopened Point South Marina Port St. Joe. The magazine emphasizes the company's commitment to enhancing member experiences and promoting its real estate developments in Northwest Florida. The press release includes a cautionary note regarding forward-looking statements, urging investors to review the company’s SEC filings for detailed risks and factors.

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The St. Joe Company (NYSE: JOE) invites shareholders to its 2023 Annual Meeting on May 16, 2023, at the Embassy Suites by Hilton Panama City Beach Resort. The meeting will start at 9 a.m. CDT and will include a discussion on company performance and a Q&A session. Revenue has increased significantly from $96.9 million in 2016 to $252.3 million in 2022, with earnings per share rising from $0.21 to $1.21. A project tour will also take place on May 17, 2023, with limited space available. Shareholders are encouraged to reserve accommodations in advance. Additional information can be found on the company's website.

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FAQ

What is the current stock price of St Joe (JOE)?

The current stock price of St Joe (JOE) is $44.92 as of April 4, 2025.

What is the market cap of St Joe (JOE)?

The market cap of St Joe (JOE) is approximately 2.6B.

What are the primary business segments of St. Joe Co?

St. Joe Co operates through three main segments: Residential, Hospitality, and Commercial. Each segment focuses on different aspects of real estate development and asset management in northwest Florida.

How does the Residential segment create value?

The Residential segment plans and develops high‑quality communities, offering homesites to both homebuilders and retail consumers. This approach supports sustainable living environments near Florida’s attractive coastal areas.

What activities are included in the Hospitality segment?

The Hospitality segment encompasses private membership clubs, hotel operations, food and beverage services, golf courses, and beach clubs, among other leisure and entertainment assets. These operations are designed to enhance the resort community experience.

How does St. Joe Co contribute to local economic growth?

Through its commercial developments and extensive land use entitlements, St. Joe Co supports job creation and local business opportunities. Its integrated projects stimulate economic activity across residential, commercial, and hospitality sectors.

What geographic region does the company primarily serve?

St. Joe Co is concentrated primarily in northwest Florida. The region is known for its natural beauty, including white sand beaches, which play a substantial role in the company’s development and marketing strategies.

How is the company’s diverse asset management strategy structured?

The company not only focuses on real estate development but also manages timber operations and rural acreage. This diversification allows St. Joe Co to leverage multiple revenue streams inherent in its extensive land holdings.

How does St. Joe Co differentiate itself in the competitive real estate market?

St. Joe Co distinguishes itself through its integration of residential, hospitality, and commercial operations. Its focus on developing mixed‑use communities and leveraging natural assets provides a balanced approach that caters to both lifestyle and economic development.
St Joe

NYSE:JOE

JOE Rankings

JOE Stock Data

2.56B
58.04M
0.31%
86.27%
1.17%
Real Estate - Diversified
Land Subdividers & Developers (no Cemeteries)
Link
United States
PANAMA CITY BEACH