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Recent Updates — JOE

July 29, 2026View Source ↗

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.