ST JOE (JOE)
Real Estate · Real estate development and asset management · NYSE
Large-scale Florida Gulf Coast real estate developer with 165,000 acres generating revenue across residential communities, branded hotels, and income-producing commercial properties.
What ST JOE does
St. Joe is a diversified real estate development, asset management and operating company that owns 165,000 acres of land in Northwest Florida. The company operates three main segments: residential (developing and selling homesites and active adult communities), hospitality (hotels, golf courses, beach clubs, and vacation rentals), and commercial (multi-family, senior living, retail, office, industrial properties and timber operations). The company has extensive entitlements to develop over 170,000 residential units, 22 million square feet of commercial space, and 3,000+ hotel rooms within the Bay-Walton Sector Plan in Florida's Bay and Walton counties.
Themes: ["Residential real estate development","Active adult / 55+ communities","Hospitality and hotels","Commercial property leasing and management","Land development and entitlements","Timber and natural resources","Florida Gulf Coast markets"]
Fundamentals
- Price$61.27 as of 2026-07-09 close
- Market cap$3.4B as of 2026-07-10
- 1-year return+20.7% as of 2026-07-09 close
- P/E30.62 as of 2026-07-10
- Net margin+21.6% as of 2026-07-10
- Gross margin+43.1% as of 2026-07-10
- ROE+14.8% as of 2026-07-10
- Debt / equity0.73 as of 2026-07-10
- Revenue growth (YoY)+26.6% as of 2026-07-10
- Revenue CAGR (3y)+26.7% SEC XBRL
- Beta1.31 as of 2026-07-10
Dividend: yield +1.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Concentration risk: approximately 87% of real estate holdings and 90% of land within fifteen miles of the Gulf are located in Florida's Bay, Gulf, and Walton counties, exposing the company to regional economic downturns and hurricane/coastal weather events","Long development cycles and capital intensity: large-scale residential and commercial projects require significant upfront investment with extended approval and development timelines before generating returns","Market cyclicality and real estate sensitivity: residential sales and hospitality revenues are exposed to economic cycles, interest rate fluctuations, and consumer spending patterns"]
Competitors & peers
- Lennar Corporation (LEN)
- D.R. Horton (DHI)
- Toll Brothers (TOL)
- Pulte Homes (PHM)
- Ryland Group
- Xinyuan Real Estate (XRE)
- Tanger Factory Outlet Centers (SKT)
- Chatham Lodging Trust (CLDT)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.