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.
Key figures
- Eps
- 0.24
- Revenue
- $99.1 million
- Revenue Yoy
- 5%
- Ebitda
- $33.6 million
- Net income
- $13.9 million
- Dividend declared
- $0.16
- Hospitality revenue
- $44.7 million
- Homesites contract q1
- 1380
- Total homesites contract
- 3204
AI analysis
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