ST JOE (JOE) Company Report

The St. Joe Company's Watersound Town Center is now 98% leased.
New leases have been executed for a multi-tenant retail building currently under construction, with tenants such as FP Movement, Monkee's, Johnnie-O, Hemline, and Sunset Shoes & Lifestyles anticipated to open in mid-2026.
Additional new tenants, including Art-of-Facts (anticipated to open in November 2025), Lagree 30A, Jersey Mike's Subs, and Fischer Homes (anticipated to open in early 2026), have also signed leases in newly constructed buildings.
The Watersound Town Center currently features approximately 150,000 square feet of space and has plans for a total of 400,000 square feet, supported by the expansion of nearby residential communities with over 1,500 completed homes.

Nov 6, 2025, 9:15 PM

The St. Joe Company Reports Strong Q3 2025 Financial Performance

JOE

Earnings

Dividends

Share Buyback

The St. Joe Company reported strong Q3 2025 performance with 63% growth in revenue and 130% growth in net income compared to Q3 2024.
Residential real estate revenue increased 94% to $36.8 million in Q3 2025, with the average homesite base price rising to $150,000 and gross margin to 53%. The company also had 1,992 residential units under contract by the end of Q3 2025.
Recurring revenue streams continued to grow, with leasing revenue reaching an all-time quarterly record of $16.7 million (up 7%) and hospitality revenue achieving an all-time third-quarter record of $60.6 million (up 9%).
The company monetized its Watercress Senior Living property for $41 million, generating a $19.4 million gross profit. Capital allocation for Q3 2025 included $8.7 million for share repurchases and an increased quarterly dividend of $0.16 per share.

Oct 30, 2025, 3:00 PM

The St. Joe Company Reports Strong Q3 2025 Financial Performance and Strategic Capital Allocation

JOE

Earnings

Share Buyback

Dividends

The St. Joe Company reported strong Q3 2025 financial results, with revenue growing 63% and net income increasing 130% year-over-year.
The residential real estate segment saw revenue increase 94% to $36.8 million, with the average homesite base price rising to $150,000 and gross margin to 53%.
Recurring revenues also showed significant growth, with leasing revenue reaching an all-time quarterly record of $16.7 million and hospitality revenue an all-time third-quarter record of $60.6 million.
The company executed strategic capital allocation, including the sale of Watercress Senior Living for $41 million (gross profit of $19.4 million), $8.7 million in share repurchases, and a 14% increase in the quarterly dividend to $0.16 per share.

Oct 30, 2025, 3:00 PM

The St. Joe Company Reports Strong Q3 2025 Performance and Strategic Capital Allocation

JOE

Earnings

Dividends

Share Buyback

The St. Joe Company reported solid performance in Q3 2025, with 63% growth in revenue and 130% growth in net income compared to Q3 2024.
Residential real estate revenue increased 94% to $36.8 million in Q3 2025 from $19 million in Q3 2024, with the average homesite base price rising to $150,000 from $86,000.
Recurring revenue streams also grew, with leasing revenue increasing 7% to an all-time quarterly record of $16.7 million and hospitality revenue increasing 9% to an all-time third-quarter record of $60.6 million.
The company executed a multifaceted capital allocation strategy in Q3 2025, including $8.7 million for share repurchases (totaling $24.9 million for the first nine months of 2025) and a 14% increase in the quarterly dividend to $0.16 per share.
A key monetization event was the sale of Watercrest Senior Living for $41 million, generating a gross profit of $19.4 million, as part of a strategy to develop and potentially monetize operating properties.

Oct 30, 2025, 3:00 PM

The St. Joe Company Reports Strong Q3 2025 Results and Increases Quarterly Dividend

JOE

Earnings

Dividends

Share Buyback

Net income attributable to the Company rose 130% to $38.7 million, or $0.67 per share, in Q3 2025, up from $16.8 million, or $0.29 per share, in Q3 2024.
Total revenue increased by 63% to $161.1 million in Q3 2025, compared to $99.0 million in Q3 2024, primarily due to a 199% increase in real estate revenue to $83.8 million.
The St. Joe Company's Board of Directors increased the quarterly cash dividend by 14% to $0.16 per share, payable on December 12, 2025.
During Q3 2025, the company repurchased $8.7 million of its common stock and repaid a net amount of $28.4 million of debt.

Oct 29, 2025, 8:10 PM

St. Joe Company Reports Strong Q3 and Nine-Month 2025 Results, Increases Dividend

JOE

Earnings

Dividends

Share Buyback

The St. Joe Company reported a 130% increase in net income attributable to the Company for the third quarter of 2025, reaching $38.7 million, or $0.67 per share, compared to $16.8 million, or $0.29 per share, in the third quarter of 2024.
Total consolidated revenue for the third quarter of 2025 increased by 63% to $161.1 million from $99.0 million in the third quarter of 2024, primarily driven by a 199% increase in real estate revenue to $83.8 million.
The Company's Board of Directors declared a cash dividend of $0.16 per share, payable on December 12, 2025, which represents a 14% increase from the third quarter 2025 dividend of $0.14 per share.
In the third quarter of 2025, the Company funded $20.4 million in capital expenditures, repaid a net amount of $28.4 million of debt, and repurchased $8.7 million of its common stock.