Stock Analysis Report

Executive Summary

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida, the United States.

Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Similar Companies

Share Price & News

How has St. Joe's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: JOE has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




US Real Estate


US Market

1 Year Return




US Real Estate


US Market

Return vs Industry: JOE exceeded the US Real Estate industry which returned 6.5% over the past year.

Return vs Market: JOE exceeded the US Market which returned 17.9% over the past year.

Shareholder returns

7 Day-4.0%-1.6%-1.1%
30 Day0.9%1.5%1.4%
90 Day22.6%7.4%6.9%
1 Year32.4%32.4%7.4%6.5%20.3%17.9%
3 Year29.3%29.3%27.7%24.6%47.8%38.3%
5 Year26.7%26.7%15.0%11.2%71.9%53.0%

Price Volatility Vs. Market

How volatile is St. Joe's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is St. Joe undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: JOE ($21.53) is trading above our estimate of fair value ($0.3)

Significantly Below Fair Value: JOE is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: JOE is poor value based on its PE Ratio (72x) compared to the Real Estate industry average (22.8x).

PE vs Market: JOE is poor value based on its PE Ratio (72x) compared to the US market (18.2x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JOE's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: JOE is overvalued based on its PB Ratio (2.5x) compared to the US Real Estate industry average (1.4x).

Next Steps

Future Growth

How is St. Joe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Real Estate industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as St. Joe has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has St. Joe performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JOE has a large one-off gain of $5.7M impacting its September 30 2019 financial results.

Growing Profit Margin: JOE's current net profit margins (17.9%) are lower than last year (61.2%).

Past Earnings Growth Analysis

Earnings Trend: JOE's earnings have declined by -47.4% per year over the past 5 years.

Accelerating Growth: JOE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JOE had negative earnings growth (-74.6%) over the past year, making it difficult to compare to the Real Estate industry average (-31.1%).

Return on Equity

High ROE: JOE's Return on Equity (3.4%) is considered low.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is St. Joe's financial position?

Financial Position Analysis

Short Term Liabilities: JOE's short term assets ($211.0M) exceed its short term liabilities ($28.2M).

Long Term Liabilities: JOE's short term assets ($211.0M) do not cover its long term liabilities ($347.3M).

Debt to Equity History and Analysis

Debt Level: JOE's debt to equity ratio (50.2%) is considered high.

Reducing Debt: JOE's debt to equity ratio has increased from 24.2% to 50.2% over the past 5 years.

Debt Coverage: JOE's debt is not well covered by operating cash flow (3.8%).

Interest Coverage: JOE earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Inventory Level: JOE has a low level of unsold assets or inventory.

Debt Coverage by Assets: JOE's debt is not covered by short term assets (assets are 0.8x debt).

Next Steps


What is St. Joe's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market


Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate JOE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate JOE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JOE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JOE's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: JOE is not paying a notable dividend for the US market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JOE's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Jorge Gonzalez (54yo)





Mr. Jorge Luis Gonzalez has been the Chief Executive Officer and President of The St. Joe Company since November 2015 and serves as its Chief Operating Officer. Mr. Gonzalez served as Senior Vice President ...

CEO Compensation Analysis

Compensation vs Market: Jorge's total compensation ($USD905.60K) is below average for companies of similar size in the US market ($USD3.81M).

Compensation vs Earnings: Jorge's compensation has been consistent with company performance over the past year.

Leadership Team

Jorge Gonzalez
President4.3yrsUS$905.60k0.033% $423.7k
Marek Bakun
Executive VP6.3yrsUS$855.60k0.0078% $99.5k
Elizabeth Walters
Senior VP1.5yrsUS$329.49k0.0024% $31.0k
Patrick Murphy
Senior VP of Operations0yrsUS$315.40k0.0021% $27.4k
K. Goff
Senior VP & Chief Administrative Officer8.1yrsno datano data
David Harrelson
Senior Vice President of Timberland8yrsUS$268.30kno data
L. Brady
Special Advisor5.5yrsUS$892.35kno data


Average Tenure


Average Age

Experienced Management: JOE's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Jorge Gonzalez
President4.3yrsUS$905.60k0.033% $423.7k
Howard Frank
Independent Director8.9yrsUS$225.00k0.050% $645.9k
Cesar Alvarez
Independent Director7.8yrsUS$125.00k0.0079% $101.2k
Bruce Berkowitz
Independent Chairman of the Board8.9yrsno data2.64% $33.7m
Thomas Murphy
Independent Director8.8yrsUS$125.00k0.057% $734.5k
James Hunt
Independent Director2.8yrsUS$148.75k0.0093% $118.8k


Average Tenure


Average Age

Experienced Board: JOE's board of directors are considered experienced (8.3 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

The St. Joe Company's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: The St. Joe Company
  • Ticker: JOE
  • Exchange: NYSE
  • Founded: 1936
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: US$1.279b
  • Shares outstanding: 59.41m
  • Website: https://www.joe.com

Number of Employees


  • The St. Joe Company
  • 133 South Watersound Parkway
  • Watersound
  • Florida
  • 32461
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JOENYSE (New York Stock Exchange)YesCommon StockUSUSDMar 1976
JOEDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1976


The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida, the United States. It operates through four segments: Residential Real Estate, Hospitality, Commercial Leasing and Sales, and Forestry. The Residential Real Estate segment plans and develops residential communities of various sizes. It primarily sells developed homesites and parcels of entitled undeveloped land. The Hospitality segment owns and operates the WaterColor Inn hotel, lodging facilities, restaurants, three golf courses, a beach club, two marinas, and other resort amenities; and manages The Pearl Hotel. The Commercial Leasing and Sales segment leases retail, office, and commercial properties, as well as cell towers and other assets. It also plans, develops, entitles, manages, and sells commercial land holdings for retail, office, hotel, assisted-living, multi-family, and industrial uses. The Forestry segment grows and sells pulpwood, saw timber, and other forest products. As of December 31, 2018, it had approximately 115,000 acres in Northwest Florida. The St. Joe Company was founded in 1936 and is headquartered in Watersound, Florida. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 00:50
End of Day Share Price2020/02/21 00:00
Annual Earnings2018/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.