JOE News & Events

Reports Q3 revenue $161.1M vs $99M. Jorge Gonzalez, the Company's President, Chief Executive Officer and Chairman of the Board, said, "All segments continue to reflect organic growth in revenue. Residential real estate revenue increased 94% to $36.8 million from $19.0 million. The average homesite base sales price increased from $86,000 to $150,000 per homesite while the gross margin on homesite sales increased from 39% to 53%. Leasing revenue increased to a single quarterly record of $16.7 million and hospitality revenue increased to a third quarter record of $60.6 million."

On February 26, 2025, the Board of Directors declared a cash dividend of $0.14 per share on the Company's common stock, payable on March 27, 2025, to shareholders of record as of the close of business on March 10, 2025. In addition, the Board of Directors approved an increase in the share repurchase authority under the Company's stock repurchase program from the remaining $76.7 million as of December 31, 2024, to $100.0 million.

Reports Q4 revenue $104.3M vs. $86.7M last year.

The company states: "The St. Joe Company launches a boutique real estate brokerage specializing in home sales along Northwest Florida's gulf coast. The new venture is led by industry veteran Diane Hausler who serves as Senior Vice President and manages the brokerage's day-to-day operations."