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The St Joe Company  (JOE)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 
Price: $52.7300 $0.47 0.899%
Day's High: $52.8399 Week Perf: -1.97 %
Day's Low: $ 51.95 30 Day Perf: -2.94 %
Volume (M): 328 52 Wk High: $ 65.99
Volume (M$): $ 17,317 52 Wk Avg: $51.69
Open: $52.00 52 Wk Low: $38.70



 Market Capitalization (Millions $) 3,081
 Shares Outstanding (Millions) 58
 Employees 61
 Revenues (TTM) (Millions $) 389
 Net Income (TTM) (Millions $) 74
 Cash Flow (TTM) (Millions $) 45
 Capital Exp. (TTM) (Millions $) 6

The St Joe Company

St. Joe was incorporated in 1936. We are a real estate development and operating company with real estate assets and operations currently concentrated primarily between Tallahassee and Destin, Florida, which we predominantly use, or intend to use, for or in connection with, our various residential or commercial real estate developments, resorts, leisure and leasing operations or our forestry operations on a limited basis.
We have significant residential and commercial land-use entitlements in hand or in process. We seek higher and better uses for our assets through a range of activities from strategic land planning and development, infrastructure improvements and promoting economic development in the regions where we operate. We may explore the sale of such assets opportunistically or when we believe they have reached their highest and best use.

We intend to use our land holdings and our cash and cash equivalents and investments to create long-term value for our shareholders. We believe that our present liquidity position can provide us with numerous opportunities to create long-term value for our shareholders by allowing us to focus on our core business activity of real estate development, including opportunities in Northwest Florida in the active adult market; resorts, leisure and leasing operations; and the Port of Port St. Joe.

We currently operate our business in four reportable operating segments: (1) residential real estate, (2) commercial real estate, (3) resorts, leisure and leasing operations and (4) forestry.

Our residential real estate segment typically plans and develops mixed-use resort, primary and seasonal residential communities of various sizes, primarily on our existing land. We own land in Northwest Florida, including Gulf of Mexico beach frontage, and other waterfront properties concentrated primarily between Tallahassee and Destin, Florida.

Our real estate investment strategy focuses on projects that meet our risk-adjusted investment return criteria. We adopted a rate of return against which we evaluate our capital expenditures and investments. The time frame for these expenditures and investments will vary based on the type of project. However, we will only incur such expenditures if our analysis indicates that the project will generate a return equal to or greater than the threshold return over its life.

In our commercial real estate segment we plan, develop and sell real estate, including commercial operating property, for commercial purposes. We provide development opportunities for national and super regional retailers and our strategic partners in Northwest Florida. We offer land for commercial and light industrial uses. We also develop commercial parcels within or near existing residential development projects. Our commercial real estate also includes industrial parks and several commerce parks. We have large land holdings surrounding the Northwest Florida Beaches International Airport, along roadways and near or within business districts in the region. Adjacent to the Northwest Florida Beaches International Airport, is one of our industrial parks, VentureCrossings Enterprise Centre, a commercial and industrial development. We are soliciting global office, retail and industrial users for this prime development location.

Our resorts, leisure and leasing operations segment includes recurring revenue streams from (i) our resort and leisure businesses and (ii) our leasing operations.

WaterColor Inn and Vacation Rentals. Our WaterColor Inn and Resort is an award winning boutique hotel, which provides guests with a beach club, spa, tennis center, an award-winning restaurant and complementary retail and commercial space. In addition, our vacation rental business rents private homes in the WaterColor, WaterSound Beach and surrounding communities, to individuals who are vacationing in the area. Our resorts and leisure businesses are managed for us by a third party management company.
Clubs and Resorts. We own four golf courses in Northwest Florida. Three of them are in the Panama City Beach area and the fourth is located in Tallahassee. The golf courses are situated in or near our residential communities. We also own and operate two marinas. Our golf courses and marinas are managed for us by a third party management company.

Pier Park North. Our commercial leasing operations include our Pier Park North joint venture. Our Pier Park North joint venture includes a 324,000 square foot retail lifestyle center in Panama City Beach, which we developed with Casto, our joint venture partner and one of the country’s leading developers of neighborhood and community retail centers.

Our forestry segment focuses on the management of our timber holdings in Northwest Florida. We grow and sell sawtimber, wood fiber and forest products and provide land management services for conservation properties. Subsequent to the AgReserves Sale, we have sold and plan to continue to sell product on site without the associated delivery costs.

 



   Company Address: 130 Richard Jackson Boulevard Panama City Beach 32407 FL
   Company Phone Number: 231-6400   Stock Exchange / Ticker: NYSE JOE
   


Customers Net Income fell by JOE's Customers Net Profit Margin fell to

-60.6 %

14.77 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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The St Joe Company

The St. Joe Company's Fourth Quarter Earnings Plunge - What Went Wrong?

The St. Joe Company (NYSE: JOE) recently announced its fourth-quarter earnings for 2023, and the results were far from impressive. The company reported a net profit per share of $0.23, which is a significant decline from the $0.48 per share earned in the same period last year. This drop in earnings is particularly concerning considering the company's revenue increased by 40.752% during the same timeframe.
In the previous financial reporting period, The St. Joe Company had a revenue of $101.39 million and earned $0.33 per share. However, in the October to December 2023 fiscal period, the company's earnings plummeted by a staggering 56.44% to $12.034 million from $27.625 million in the corresponding period the year before. This decline in earnings shows a concerning trend for the company's profitability.

Business Update

St Joe Company Reports Record 2023 Performance Amidst Market Challenges

Published Thu, Feb 1 2024 9:46 PM UTC

St. Joe Company Reports Record 2023 Performance Amidst Market ChallengesSt. Joe Company (NYSE: JOE) announced a record-setting performance in 2023, revealing robust growth across all its operational segments. The company, located in Panama City Beach, Florida achieved unprecedented activity in key performance metrics within its residential, hospitality, and commercial segmen...

Product Service News

Impressive Revenue Boost as The St. Joe Company Announces Starbucks Among New Tenants at Watersound Town Center

Published Mon, Dec 11 2023 11:05 PM UTC


In an exciting development, The St. Joe Company (NYSE: JOE) (St. Joe) has announced plans to infuse new life into the Watersound Town Center, with big-name tenants, including Starbucks, set to inhabit its open-air lifestyle center. Placed conveniently at the entrance to the Watersound Origins community in Inlet Beach, Florida, the addition of Starbucks along with a myri...

The St Joe Company

JOE Shines Bright: Remarkable Performance by The St Joe Company in Q3 2023

As I analyze the recent financial results of The St Joe Company, one word comes to mind: surprising. The Construction Services company has delivered an impressive performance in its third quarter of the 2023 financial year, with significant increases in both revenue and bottom-line figures.
To begin with, let's look at the revenue growth. The company's revenue soared by an astonishing 76.098% to reach $101.39 million. This is an exceptional achievement, especially when considering the overall decline of 2.74% in the Construction Services industry. While many companies in this sector struggled, The St Joe Company managed to buck the trend and experience substantial growth in their top-line figures.

The St Joe Company

Stellar Results for The St Joe Company in Q2 2023: Revenue Skyrockets with 87.79% Increase, Earnings More than Double!

The stock market has been a rollercoaster ride for investors lately, but there is one company that is doing exceptionally well. The Construction Services company, as seen in its recent Jun 30 2023 report, has delivered some truly bewildering results that have investors jumping for joy.
First and foremost, the company's revenue has soared by an incredible 87.79%. To put that in numbers, it went from $72.99 million to an astounding $128.17 million. This impressive growth is a testament to the company's strong performance and its ability to generate higher sales. With such an incredible surge in revenue, it's no wonder investors are taking notice.






 

The St Joe's Segments
 
 
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  Revenue Outlook
The St Joe does not provide revenue guidance.

Earnings Outlook
The St Joe Company does not provide earnings estimates.

 
Geographic Revenue Dispersion




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