Earnings ·
Reports Q3 net income of $36.9M and declares quarterly dividend of $0.18 per share
JOEST JOE Co
The St. Joe Company reported third-quarter 2026 net income of $36.9 million, or $0.65 per share, a 5% decrease from the prior year period. Total revenue declined 3% to $156.2 million, driven by lower real estate sales partially offset by a record hospitality segment revenue of $66.0 million. The company also announced a quarterly cash dividend increase of 13% to $0.18 per share, payable on December 11, 2026, to shareholders of record as of November 12, 2026. Additionally, the firm repurchased $27.2 million in common stock during the quarter. The St. Joe Company is a diversified Florida real estate development, asset management and operating company.