Recent Updates — JOE

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.

The St. Joe Company reported second quarter 2026 financial results, announcing a 37% increase in net income to $40.5 million ($0.71 per share) and a 23% rise in total revenue to $158.8 million, driven by a 59% surge in real estate revenue to $69.6 million and record hospitality revenue of $74.2 million. The Board declared a quarterly cash dividend of $0.16 per share, payable on September 18, 2026, to shareholders of record as of August 21, 2026. Additionally, the company repurchased $32.7 million in common stock and funded $24.0 million in capital expenditures during the quarter. The St. Joe Company operates as a diversified real estate development, asset management, and operating company focused on residential, hospitality, and commercial ventures in Northwest Florida.