St. Joe (NYSE:JOE – Get Free Report) announced its earnings results on Wednesday. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $156.19 million for the quarter. St. Joe had a return on equity of 15.90% and a net margin of 22.45%.
St. Joe Trading Up 5.6%
JOE traded up $3.82 during midday trading on Thursday, reaching $71.95. 71,634 shares of the company were exchanged, compared to its average volume of 234,030. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.84 and a current ratio of 1.84. The stock has a market capitalization of $4.10 billion, a P/E ratio of 33.61 and a beta of 1.28. The stock’s 50-day simple moving average is $66.49 and its 200 day simple moving average is $65.96. St. Joe has a one year low of $51.34 and a one year high of $73.54.
St. Joe Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. This is a boost from St. Joe’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, November 12th. St. Joe’s payout ratio is currently 29.91%.
Institutional Trading of St. Joe
Institutional investors and hedge funds have recently bought and sold shares of the business. Fifth Third Wealth Advisors LLC acquired a new stake in shares of St. Joe during the 3rd quarter worth $326,000. Sterling Capital Management LLC lifted its position in shares of St. Joe by 836.5% during the 3rd quarter. Sterling Capital Management LLC now owns 1,283 shares of the financial services provider’s stock worth $84,000 after buying an additional 1,146 shares during the last quarter. Vest Financial LLC lifted its position in shares of St. Joe by 3.5% during the 3rd quarter. Vest Financial LLC now owns 30,544 shares of the financial services provider’s stock worth $2,009,000 after buying an additional 1,029 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in St. Joe by 6.0% in the third quarter. Nisa Investment Advisors LLC now owns 2,700 shares of the financial services provider’s stock valued at $178,000 after buying an additional 153 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its stake in St. Joe by 11.8% in the third quarter. Annex Advisory Services LLC now owns 33,457 shares of the financial services provider’s stock valued at $2,201,000 after buying an additional 3,539 shares in the last quarter. Institutional investors own 86.67% of the company’s stock.
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of St. Joe from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on St. Joe
St. Joe News Summary
Here are the key news stories impacting St. Joe this week:
- Positive Sentiment: St. Joe increased its quarterly dividend by 12.5% to $0.18 per share, or $0.72 annually, implying a yield of approximately 1.1%. The dividend is payable December 11 to shareholders of record November 12. The St. Joe Company reports third quarter 2026 results and increases quarterly dividend
- Neutral Sentiment: Third-quarter earnings were $0.65 per share on revenue of $156.19 million. St. Joe reported a 22.45% net margin and 15.90% return on equity, indicating continued profitability, although the quarter included a reported 3% decline in revenue. The St. Joe Company Reports Third Quarter and First Nine Months of 2026 Results
- Neutral Sentiment: Paid parking operations associated with St. Joseph generated more than $100,000 during the summer, but the parking kiosks have not yet recovered their purchase cost. The financial contribution appears modest relative to St. Joe’s overall business and may have limited impact on the stock. St. Joseph nets over $100K from summer paid parking
- Negative Sentiment: One market analysis said JOE appears fully valued, with its earnings carrying a premium. The shares trade at roughly 31.8 times earnings, making further gains more dependent on accelerating profit or revenue growth. St. Joe Stock Looks Fully Valued As Earnings Face A Premium
St. Joe Company Profile
The St. Joe Company (NYSE: JOE) is a real estate development and asset management company focused primarily on Northwest Florida. The company plans, develops and manages residential, commercial and hospitality properties, with activities concentrated in the communities and coastal markets surrounding Panama City and Destin.
St. Joe’s residential business includes the development of master-planned communities and residential neighborhoods, while its commercial activities include office, retail, medical and industrial properties.
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