St Joe Company (JOE) AI Stock Analysis

• Market Cap: $2.77B
• Dividend Yield: 1.18%
• Average Volume (3M): 246.52K
• Price to Earnings (P/E): 35.7
• Beta (1Y): 0.97
• Revenue Growth: 1.25%
• EPS Growth: -4.31%
• Country: US
• Employees: 863
• Sector: Real Estate
• Sector Strength: 58
• Industry: Real Estate - Diversified
• EPS (TTM): 1.33
• Shares Outstanding: 58,222,317
• 10 Day Avg. Volume: 292,547
• 30 Day Avg. Volume: 246,523
• PEG Ratio: 7.43
• Price to Book (P/B): 3.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 33.75
• Enterprise Value/Market Cap: 1.17
• Enterprise Value/Revenue: 2.05
• Enterprise Value/Gross Profit: 18.08
• Enterprise Value/Ebitda: 5.11
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: $54.00 ▲(9.60%Upside)

The St Joe Company's stock score is primarily supported by strong financial performance and positive corporate events. However, technical indicators suggest potential overbought conditions, and the valuation appears stretched with a high P/E ratio. Despite these concerns, strategic initiatives and solid financials provide a stable foundation for growth.

St Joe Company Business Overview & Revenue Model

Company Description

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 plans and develops residential communities of various sizes for homebuilders or retail consumers. It primarily sells developed homesites and parcels of entitled or undeveloped land. The Hospitality segment owns and operates a private membership club, golf courses, beach clubs, retail outlets, marinas, and other entertainment assets. This segment also engages in the hotel, food and beverage, and gulf-front vacation rental operations, as well as provides management services. The Commercial segment engages in leasing of commercial property, multi-family, a senior living community, and other assets. This segment also plans, develops, entitles, manages, and sells commercial land holdings for retail, office, hotel, senior living, multi-family, self-storage, and industrial uses; and grows and sells pulpwood, sawtimber, and other forest products. The company owns 170,000 acres of land in Northwest Florida. The St. Joe Company was incorporated in 1936 and is based in Panama City Beach, Florida.

How the Company Makes Money

St. Joe Company generates revenue through several key streams. Primarily, it earns money from the sale and development of residential and commercial real estate properties. This includes the planning, construction, and sale of homes and commercial spaces in master-planned communities. Additionally, the company derives income from its hospitality and leisure operations, which encompass resorts, golf clubs, and marinas that generate revenue through memberships, room bookings, and related services. St. Joe also capitalizes on its vast timber holdings by selling timber and leasing land for agriculture and hunting. Strategic partnerships with other developers and local governments further enhance its revenue generation by facilitating large-scale projects and infrastructure developments.

St Joe Company Financial Statement Overview

Summary

St Joe Company exhibits strong financial health with solid revenue growth, improved gross profit margin, and a strong balance sheet with zero debt. Cash flow has shown positive trends with significant free cash flow growth, indicating strong operational cash generation. Overall, the financials reflect a well-managed company with a stable and growing position in the real estate industry.

Income Statement

The company's income statement demonstrates solid performance with consistent revenue growth. TTM revenue increased by 4.9% compared to the previous year, showcasing a positive growth trajectory. The gross profit margin improved significantly, indicating better cost management and pricing strategies. However, the EBIT margin remained relatively stable, suggesting room for operational efficiency improvements. Net profit margin also showed a healthy increase, reflecting effective management of expenses relative to revenue growth.

Balance Sheet

The balance sheet is strong, with a notable improvement in the equity ratio, reaching 47% in TTM, which implies a robust capital structure. The company has eliminated its debt, reducing financial risk significantly. Return on Equity (ROE) is healthy at 10.7%, indicating efficient use of shareholder funds to generate profits. Overall, the balance sheet reflects financial stability and low leverage, positioning the company well in the real estate industry.

Cash Flow

Cash flow analysis reveals positive trends, with free cash flow growth of 48.7% in TTM, driven by strong operating cash flow. The operating cash flow to net income ratio is approximately 1.4, indicating that the company is generating ample operating cash relative to net income. The free cash flow to net income ratio also improved, reflecting enhanced cash generation capabilities. Despite previous years of negative free cash flow, recent improvements suggest a turnaround in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	409.15M	402.74M	389.29M	252.30M	267.00M	160.50M
Gross Profit	179.77M	167.22M	153.31M	105.70M	135.00M	82.80M
EBITDA	180.21M	141.97M	129.51M	84.36M	112.66M	57.87M
Net Income	77.73M	74.19M	77.71M	70.93M	74.55M	45.20M
Balance Sheet
Total Assets	1.55B	1.54B	1.52B	1.43B	1.21B	1.04B
Cash, Cash Equivalents and Short-Term Investments	94.53M	88.76M	86.07M	78.30M	159.20M	154.90M
Total Debt	617.94M	621.01M	632.89M	563.80M	400.60M	336.20M
Total Liabilities	808.33M	801.84M	825.04M	779.70M	582.10M	469.10M
Stockholders Equity	727.85M	724.28M	683.06M	651.10M	626.10M	568.20M
Cash Flow
Free Cash Flow	80.77M	58.06M	-36.12M	-210.94M	-41.70M	-84.44M
Operating Cash Flow	109.40M	107.99M	103.85M	48.22M	111.80M	37.33M
Investing Cash Flow	-42.26M	-50.38M	-99.14M	-189.78M	-196.09M	-164.50M
Financing Cash Flow	-59.71M	-52.07M	40.76M	112.46M	48.57M	48.61M

St Joe Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 49.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JOE, the sentiment is Positive. The current price of 49.27 is above the 20-day moving average (MA) of 46.30, above the 50-day MA of 44.65, and above the 200-day MA of 48.43, indicating a bullish trend. The MACD of 0.92 indicates Negative momentum. The RSI at 71.78 is Negative, neither overbought nor oversold. The STOCH value of 85.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JOE.

St Joe Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NHI	76 Outperform	$3.35B	22.85	10.56%	5.02%	7.44%	4.23%
HHH	73 Outperform	$3.32B	12.63	10.15%	―	82.64%	―
CURB	73 Outperform	$2.37B	186.98		2.84%	―	―
JOE	71 Outperform	$2.77B	35.72	10.96%	1.18%	1.25%	-4.31%
DEI	65 Neutral	$2.96B	46.95	2.49%	5.21%	-1.98%	―
Sector *	63 Neutral	$6.86B	18.71	-1.11%	7.23%	4.74%	-22.06%
BXMT	63 Neutral	$3.36B	―	-2.06%	9.60%	-20.46%	-1436.71%

St Joe Company Corporate Events

St. Joe Company Shareholders Approve 2025 Incentive Plan

On May 13, 2025, The St. Joe Company held its 2025 Annual Meeting of Shareholders where the shareholders approved the 2025 Performance and Equity Incentive Plan. This approval marks a significant step in aligning the company’s strategic goals with shareholder interests, potentially impacting its operational and financial strategies moving forward.

St Joe Company Highlights Strategic Growth Plans at Meeting

The St. Joe Company presented its strategic plans at the 2025 Annual Shareholders Meeting, emphasizing its consistent business strategy of expanding its portfolio of income-producing properties and developing scalable residential communities. The company highlighted its efficient capital allocation and strong financial performance, including a steady dividend program and significant growth in net income and earnings per share. The company’s joint venture developments and strategic land holdings are positioned to drive future growth, with a focus on maintaining low overhead costs while expanding its residential, hospitality, and commercial segments.