The St. Joe Company (NYSE:JOE) Not Lagging Market On Growth Or Pricing
May 14
U.S. Real Estate Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies118
- 7D-4.7%
- 3M0.1%
- 1Y9.3%
- YTD-5.0%
Over the last 7 days, the Real Estate industry has dropped 4.7%, driven by KE Holdings declining 13%. Meanwhile, Latam Logistic Properties actually outperformed within the industry, gaining 28% in the last week. Over the past 12 months, the industry was up 9.3%. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the U.S. Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | US$136.9b | US$110.6b | US$322.8m | 27.5x | 424.1x | 1.2x |
| Thu, 25 Apr 2024 | US$130.5b | US$113.4b | US$213.6m | 28.3x | 611x | 1.2x |
| Sat, 23 Mar 2024 | US$140.0b | US$113.5b | US$405.4m | 30x | 345.4x | 1.2x |
| Mon, 19 Feb 2024 | US$135.1b | US$114.0b | US$364.7m | 21.1x | 370.5x | 1.2x |
| Wed, 17 Jan 2024 | US$133.4b | US$115.3b | -US$638,425,809.00 | 24.7x | -209x | 1.2x |
| Fri, 15 Dec 2023 | US$134.9b | US$115.2b | -US$728,913,124.00 | 24.5x | -185x | 1.2x |
| Sun, 12 Nov 2023 | US$116.5b | US$115.9b | -US$789,669,703.00 | 23.3x | -147.5x | 1x |
| Tue, 10 Oct 2023 | US$120.1b | US$119.3b | -US$364,230,057.00 | 27.1x | -329.9x | 1x |
| Thu, 07 Sep 2023 | US$136.3b | US$118.0b | -US$161,057,038.00 | 30.8x | -846.2x | 1.2x |
| Sat, 05 Aug 2023 | US$137.1b | US$117.8b | -US$751,886,102.00 | 31.8x | -182.3x | 1.2x |
| Mon, 03 Jul 2023 | US$94.1b | US$119.9b | -US$497,783,509.00 | 24.5x | -189.1x | 0.8x |
| Wed, 31 May 2023 | US$86.8b | US$120.9b | -US$520,152,244.00 | 21.7x | -166.9x | 0.7x |
| Fri, 28 Apr 2023 | US$86.3b | US$125.1b | -US$90,669,984.00 | 12.9x | -952x | 0.7x |
| Sun, 26 Mar 2023 | US$87.6b | US$125.3b | -US$433,408,118.00 | 12.6x | -202.2x | 0.7x |
| Tue, 21 Feb 2023 | US$102.1b | US$120.8b | US$1.2b | 13.4x | 81.9x | 0.8x |
| Thu, 19 Jan 2023 | US$98.8b | US$128.1b | US$1.1b | 9.9x | 92.5x | 0.8x |
| Sat, 17 Dec 2022 | US$86.2b | US$127.7b | US$1.2b | 9.2x | 71.4x | 0.7x |
| Mon, 14 Nov 2022 | US$88.7b | US$127.6b | US$833.2m | 9.5x | 106.4x | 0.7x |
| Wed, 12 Oct 2022 | US$82.7b | US$129.9b | US$1.4b | 7.8x | 58.3x | 0.6x |
| Fri, 09 Sep 2022 | US$98.9b | US$130.1b | US$1.4b | 8.5x | 72x | 0.8x |
| Sun, 07 Aug 2022 | US$101.5b | US$131.5b | US$1.8b | 10.1x | 55x | 0.8x |
| Tue, 05 Jul 2022 | US$100.9b | US$125.8b | US$2.7b | 10.6x | 37.1x | 0.8x |
| Thu, 02 Jun 2022 | US$99.8b | US$124.5b | US$3.0b | 10.9x | 33.6x | 0.8x |
| Sat, 30 Apr 2022 | US$107.5b | US$113.3b | US$2.9b | 13.6x | 37.4x | 0.9x |
| Mon, 28 Mar 2022 | US$120.9b | US$113.6b | US$2.9b | 16x | 41.5x | 1.1x |
| Wed, 23 Feb 2022 | US$137.1b | US$105.5b | US$2.6b | 15.2x | 53.5x | 1.3x |
| Fri, 21 Jan 2022 | US$140.2b | US$100.8b | US$2.8b | 15.6x | 49.3x | 1.4x |
| Sun, 19 Dec 2021 | US$146.1b | US$99.4b | US$2.8b | 16.5x | 53x | 1.5x |
| Tue, 16 Nov 2021 | US$161.8b | US$98.7b | US$2.9b | 18.6x | 56.1x | 1.6x |
| Thu, 14 Oct 2021 | US$140.5b | US$86.8b | US$2.9b | 24.9x | 47.8x | 1.6x |
| Sat, 11 Sep 2021 | US$130.5b | US$87.1b | US$2.9b | 19.3x | 45.2x | 1.5x |
| Mon, 09 Aug 2021 | US$132.4b | US$85.8b | US$2.8b | 20.1x | 46.6x | 1.5x |
Price to Earnings Ratio
106.5x
Current Industry PE
- Investors are optimistic on the American Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 424x which is higher than its 3-year average PE of -35.4x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 40% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | -0.33% | |
| Real Estate | -3.08% | |
| Real Estate | -4.66% | |
| Real Estate Operating Companies | -0.51% | |
| Diversified Real Estate | -2.22% | |
| Real Estate Development | -3.22% | |
| Real Estate Services | -5.25% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 47.0x.
- Analysts are expecting annual earnings decline of 5.0%, which is lower than the prior year's growth of 12.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 78% over the next 5 years.
- This is better than its past earnings growth rate of 46% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings decline by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LPA Latam Logistic Properties | US$28.00 | 175.9% +US$566.0m | 176.4% | n/a | |
| FRPH FRP Holdings | US$30.97 | 5.9% +US$32.7m | 14.7% | PE97.6x | |
| LUXH LuxUrban Hotels | US$0.33 | 23.7% +US$14.2m | -90.6% | PS0.2x | |
| TRC Tejon Ranch | US$18.03 | 1.5% +US$7.0m | 6.5% | PE837.4x | |
| AEI Alset | US$0.81 | 55.5% +US$2.7m | -56.0% | PS0.3x |
