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.
Key figures
- Eps
- 0.65
- Revenue
- 156200000
- Revenue Yoy
- -3%
- Cash
- 117900000
- Q3 ebitda
- 64100000
- Q3 buyback
- 27200000
- Q3 ebitda yoy
- -7%
- Q3 net income
- 36900000
- Nine month eps
- 1.6
- Nine month ebitda
- 167400000
- Q3 net income yoy
- -5%
- Dividend per share
- 0.18
- Nine month buyback
- 64900000
- Nine month revenue
- 414100000
- Shares outstanding
- 56578851
- Q3 operating income
- 61500000
- Dividend increase pct
- 13%
- Hospitality margin q3
- 37%
- Nine month net income
- 91300000
- Hospitality revenue q3
- 66000000
- Nine month revenue yoy
- 8%
- Q3 operating income yoy
- 16%
- Land sale contractual value
- 50400000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.