ST JOE Co (JOE) The St. Joe Company, along with its affiliated entities, functions as a real estate development, asset management, and operational enterprise, primarily located in Northwest Florida. Its business activities are organized into three primary divisions: Residential, Hospitality, and Commercial. The Residential segment focuses on conceptualizing and constructing various-sized residential communities for either professional homebuilders or direct consumers. It mainly offers developed building lots and tracts of land, which may or may not be already entitled. Through its Hospitality segment, the company owns and operates diverse assets including an exclusive membership club, golf courses, beach facilities, retail outlets, marinas, and other entertainment venues. This division also manages hotels, food and beverage services, and beachfront vacation rentals, in addition to providing management services. The Commercial segment is involved in leasing various properties such as commercial spaces, multi-family units, a senior living community, and other assets. Furthermore, it undertakes the planning, development, entitlement, management, and sale of commercial land suitable for retail, office, hotel, senior living, multi-family, self-storage, and industrial applications. This segment also engages in the cultivation and sale of forestry products like pulpwood and sawtimber. A significant aspect of the company is its ownership of 170,000 acres of land throughout Northwest Florida. Founded in 1936, The St. Joe Company is headquartered in Panama City Beach, Florida.
Sector: Land Subdividers & Developers (No Cemeteries)
Industry: Real Estate - Development
The St. Joe Company NYSE:JOE Real Estate · Real Estate - Diversified
Mkt Cap $3.96B
Div Yield 0.91%
Prev close $69.80 Close $69.97 0.00% AH close $69.97
Mkt Cap $3.96B
Div Yield 0.91%
Press Release
Florida State University Announces Aerospace Research and Innovation Facility at The St. Joe Company's VentureCrossings® Enterprise Centre
Florida State University will build an aerospace research and advanced manufacturing facility at St. Joe's VentureCrossings Enterprise Centre in Panama City, with St. Joe donating the land.
Construction began Monday on phase one; future phases include a hypersonic wind tunnel with national defense applications. The project is backed by a $98.4 million Triumph Gulf Coast grant, a $65 million FSU commitment over 10 years, and an FSU pledge to secure over $235 million in additional grant funding.
The announcement strengthens St. Joe's long-term development strategy along the State Road 79 corridor, but involves a land donation rather than a near-term revenue event.
• 5d ago AI analysis › Press Release ⚠ 3
The St. Joe Company Reports Third Quarter and First Nine Months of 2026 Results and Increases Quarterly Dividend by 13% to $0.18 Per Share
St. Joe reported Q3 2026 revenue of $156.2 million, down 3% YoY, with net income of $36.9 million ($0.65/share), down 5%, against a prior-year quarter inflated by the $41.0 million Watercrest JV property sale.
Underlying results were stronger: operating income rose 16% to $61.5 million, and for the first nine months revenue grew 8% to $414.1 million with net income up 7% to $91.3 million.
Hospitality set a Q3 record of $66.0 million with gross margin improving to 37%, and the Latitude Margaritaville Watersound JV sold $50.4 million of additional land at $14,400/unit — a 44% price increase versus 2020 — expanding the community to ~7,200 planned homes.
The board raised the quarterly dividend 13% to $0.18 per share, and buybacks jumped 161% to $64.9 million for the nine months, cutting shares outstanding to 56.6 million, the lowest since 1997.
• 11d ago AI analysis › Press Release
The St. Joe Company Announces Key Leadership Appointments
St. Joe hired Scott Pjesky as SVP of Residential Real Estate and Jennifer Ottmann as Watersound Club VP, filling two senior operational roles.
Pjesky brings 25+ years in residential development, including 14 years at NVR building the Chicago land and homebuilding business; Ottmann oversaw a $150 million food-and-beverage portfolio at The Boca Raton.
The appointments support execution across St. Joe's 14 active residential communities and 3,500-member Watersound Club; no strategy or financial guidance changes were disclosed.
• 17d ago AI analysis › Press Release ⚠ 2
The St. Joe Company Provides Preliminary Update on Northwest Florida Properties Post Hurricane Isaias
St. Joe reported that its Northwest Florida properties are open for business following Hurricane Isaias, with power restored across its properties.
All hotels in Bay and Walton counties and all restaurants are operating, while The Third and Origins golf courses are expected to reopen Wednesday and Thursday, with Camp Creek and Shark's Tooth dates still to be determined.
No financial impact or damage-cost figures were disclosed; the Watersound Beach Club remains limited by beach access erosion and boardwalk damage.
• 27d ago AI analysis › Press Release
The St. Joe Company Announces the Launch of Custom Homesite Sales in Its Newest Watersound® Community
St. Joe launched custom homesite sales at The Gallery, its newest gated Watersound community in Inlet Beach, Florida, featuring 81 exclusive homesites.
Given strong early buyer interest, 35 homesites will be released via competitive bidding, opening with Founders List early access on October 15 and general public bidding on October 17.
The launch underscores continued demand for Northwest Florida residential development, where St. Joe has 13 other active communities in development.
• 1mo ago AI analysis › Press Release ⚠ 2
The St. Joe Company Announces Year-Over-Year Growth Across Its Portfolio of 12 Hotels and Resorts During the Summer Season
St. Joe announced year-over-year growth in both occupancy and average daily rate across its portfolio of 12 hotels and resorts in Bay and Walton counties during the 2026 summer season.
Guests traveled from all 50 states, with the New York metropolitan area the fastest-growing feeder market in revenue and room nights, aided by nonstop Delta flights from LGA to ECP and expanded marketing.
The company plans to continue New York-area marketing into the 2026-2027 winter season, citing nonstop service connecting the region to seven of the ten largest MSAs as an expansion opportunity.
No quantified revenue, occupancy, or ADR figures were disclosed; the release is promotional rather than a financial results disclosure.
• 1mo ago AI analysis › Press Release
CREATOR TV'S JOE OCHOA TO JOIN MARKETECTURE LIVE PANEL ON THE CHANGING FACE OF SPORTS FANDOM
prnewswire.com • 1mo ago Press Release ⚠ 2
The St. Joe Company Announces Plans for Additional 3,500 Homes in the Latitude Margaritaville Watersound® Community
St. Joe is expanding its joint venture with Minto Communities to add a second phase of approximately 3,500 homes at Latitude Margaritaville Watersound in Panama City Beach, bringing total planned homes to about 7,200 from the initial 3,700.
The expansion is demand-driven: home sale contracts rose 27% year to date in 2026 versus the same period in 2025 and have reached 2,635, with buyers from all 50 states. The new phase carries updated financial terms reflecting the increased value of the region and the community.
Beyond housing, St. Joe is building out the State Road 79 corridor with Watersound West Bay Center, a mixed-use town center planned for a minimum of approximately 500,000 square feet anchored by a Publix under construction, plus a planned marina and a nearby FSU Health hospital campus. The company is developing 13 active residential communities across Northwest Florida.
• 1mo ago AI analysis › Press Release
The St. Joe Company Announces the Creation of a New Business, Watersound℠ Weddings & Events
St. Joe (NYSE: JOE) has created a new business, Watersound Weddings & Events, a centralized planning resource for weddings and special events across its Northwest Florida hospitality portfolio in Bay and Walton counties.
CEO Jorge Gonzalez framed the venture as another implementation of the company's complementary asset-light strategy, requiring minimal capital investment while leveraging existing hotels, resorts and venues to drive utilization.
Services are bookable now via watersound.com/weddings, with a physical storefront at Watersound Town Center in Inlet Beach, Florida anticipated to open in early 2027; the team is led by Executive Director Cheryl Walton.
Management positioned the business as a potential significant contributor to its family of service companies alongside Watersound Real Estate, Watersound Insurance and Watersound Title Agency, citing the region's nonstop air service to 7 of the 10 largest U.S. metro areas.
• 1mo ago AI analysis › Press Release
Former St. Joe Company Headquarters Is Home to One of Florida’s Top-Ranked Public High Schools
The Magnet Innovation Center, a public STEAM high school operating in St. Joe's former corporate headquarters, ranked #17 among Florida public high schools and #136 nationally in the 2026-2027 U.S. News & World Report Best High Schools rankings.
The school resulted from a 2019 partnership between St. Joe and the Walton County School District and was evaluated among approximately 27,000 eligible public high schools nationwide and 1,267 in Florida.
CEO Jorge Gonzalez framed the headquarters repurposing as a deliberate long-term regional investment, part of St. Joe's broader placemaking strategy across Northwest Florida communities.
The release contains no financial figures, guidance, or transaction terms; it is a community-reputation piece rather than a business update.
• 2mo ago AI analysis › Press Release
Watersound® Town Center Continues Retail Momentum With Anthropologie Lease and Johnnie-O Opening
The St. Joe Company announced a new lease with Anthropologie for approximately 9,000 square feet and the opening of apparel brand Johnnie-O at Watersound Town Center.
The property currently features about 170,000 square feet of space and is 98% leased, with plans to expand to approximately 400,000 square feet.
Management highlighted the strength of the 30A trade area and the destination wedding business as drivers for continued tenant interest.
• 2mo ago AI analysis › Press Release
The St. Joe Company Releases the Latest Issue of the Watersound Club® Member “Watersound Lifestyle®” Magazine
The St. Joe Company released the latest issue of its "Watersound Lifestyle" magazine, a publication for members of the Watersound Club.
The issue features stories on Northwest Florida communities, resident experiences, and updates on club amenities including the expansion of the Watersound Beach Club.
This release is a standard marketing update and does not contain financial guidance or material operational developments.
• 2mo ago AI analysis › Press Release ● Major
The St. Joe Company Reports Second Quarter and First Half 2026 Results and Declares a Quarterly Dividend of $0.16 Per Share
The St. Joe Company reported Q2 2026 revenue of $158.8 million, up 23% year-over-year and the highest second-quarter revenue in 20 years, driven by a 59% surge in real estate revenue.
Net income increased 37% to $40.5 million, or $0.71 per share, while EBITDA rose 24% to $69.7 million on improved margins across all segments.
Capital allocation was aggressive in the quarter, with $32.7 million spent on share repurchases and the declaration of a $0.16 per share quarterly dividend.
• 3mo ago AI analysis › Press Release
New Retailer Openings Mark Next Phase of Growth at Watersound® Town Center
The St. Joe Company announced the opening of new elevated retailers at Watersound Town Center, featuring brands like FP Movement, Hemline, and Monkee’s.
The lifestyle center is currently 98% leased with 160,000 square feet of space, with plans to expand to approximately 400,000 square feet as two new buildings break ground later this year.
Growth in the commercial sector is supported by the expansion of nearby residential communities, which have over 1,700 completed homes and townhomes.
• 4mo ago AI analysis › Press Release
The St. Joe Company Hosts 2026 Annual Meeting of Shareholders
The St. Joe Company hosted its 2026 Annual Meeting of Shareholders on May 12, 2026, in Inlet Beach, Florida.
The meeting was held at the Company’s Forbes Four-Star rated, 30A boutique hotel, Camp Creek(®) Inn, and was followed by a reception at the Watersound Beach Club(®).
President, CEO, and Chairman of the Board Jorge Gonzalez emphasized the opportunity for shareholders to engage directly with the team and experience the Company’s growing asset portfolio along the Emerald Coast.
• 5mo ago AI analysis › Press Release ⚠ 3
The St. Joe Company Reports First Quarter 2026 Results and Declares a Quarterly Dividend of $0.16 Per Share
St. Joe reported Q1 2026 revenue of $99.1 million, up 5% year-over-year, while net income decreased 21% to $13.9 million due to lower equity income from unconsolidated joint ventures.
Operational progress remained robust with 1,380 homesites placed under contract during the quarter, bringing the total backlog to 3,204, and the company signed a deal with PulteGroup for up to 2,653 homesites.
The board declared a quarterly dividend of $0.16 per share payable June 25, 2026, and the company ended the quarter with $136.3 million in cash and cash equivalents.
• 6mo ago AI analysis › 
