St. Joe (NYSE:JOE) Posts Quarterly Earnings Results

St. Joe (NYSE:JOE) issued its earnings results on Wednesday. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, Zacks reports. St. Joe had a return on equity of 9.58% and a net margin of 17.76%.

St. Joe Price Performance

Shares of St. Joe stock traded up $0.19 on Wednesday, hitting $46.43. 300,320 shares of the company traded hands, compared to its average volume of 223,784. St. Joe has a 52 week low of $42.94 and a 52 week high of $64.69. The business has a 50-day simple moving average of $46.51 and a 200 day simple moving average of $52.10. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market capitalization of $2.71 billion, a P/E ratio of 39.35 and a beta of 1.28.

About St. Joe

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers.