St. Joe
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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. The last earnings update was 19 days ago. More info.
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JOE Share Price and Events
7 Day Returns
1 Year Returns
JOE Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| St. Joe (JOE) | -2% | -5.3% | 3.1% | -7.9% | -2.1% | -27.6% |
| US Real Estate | -0.9% | -6.6% | -8.6% | -15.7% | 22.9% | 4.2% |
| US Market | -0.7% | -2% | 2.4% | 3% | 39.2% | 42% |
1 Year Return vs Industry and Market
- JOE outperformed the Real Estate industry which returned -15.7% over the past year.
- JOE underperformed the Market in United States of America which returned 3% over the past year.
Value
Is St. Joe undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
St. Joe
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for St. Joe.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 10% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Real Estate Unlevered Beta | Simply Wall St/ S&P Global | 1.11 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.11 (1 + (1- 21%) (25.57%)) |
1.224 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.22 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.224 * 5.96%) |
10.03% |
Discounted Cash Flow Calculation for NYSE:JOE using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for St. Joe is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 10.03%) |
|
|---|---|---|---|
| 2019 | 29.10 | Est @ -17.65% | 26.45 |
| 2020 | 25.74 | Est @ -11.54% | 21.27 |
| 2021 | 23.88 | Est @ -7.26% | 17.93 |
| 2022 | 22.86 | Est @ -4.26% | 15.60 |
| 2023 | 22.36 | Est @ -2.16% | 13.87 |
| 2024 | 22.21 | Est @ -0.7% | 12.52 |
| 2025 | 22.28 | Est @ 0.33% | 11.41 |
| 2026 | 22.52 | Est @ 1.05% | 10.48 |
| 2027 | 22.87 | Est @ 1.56% | 9.68 |
| 2028 | 23.30 | Est @ 1.91% | 8.96 |
| Present value of next 10 years cash flows | $148.16 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $23.30 × (1 + 2.73%) ÷ (10.03% – 2.73%) |
$328.08 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $328.08 ÷ (1 + 10.03%)10 |
$126.18 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $148.16 + $126.18 |
$274.35 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $274.35 / 60.20 |
$4.56 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $4.56 |
| Current discount | Discount to share price of
$16.58
= -1 x ($16.58 - $4.56) / $4.56 |
-263.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of St. Joe is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for St. Joe's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
St. Joe's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $0.55 |
| NYSE:JOE Share Price ** | NYSE (2019-05-17) in USD | $16.58 |
| United States of America Real Estate Industry PE Ratio | Median Figure of 26 Publicly-Listed Real Estate Companies | 15.37x |
| United States of America Market PE Ratio | Median Figure of 3,088 Publicly-Listed Companies | 17.89x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of St. Joe.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:JOE Share Price ÷ EPS (both in USD) = 16.58 ÷ 0.55 |
30.31x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- St. Joe is overvalued based on earnings compared to the US Real Estate industry average.
- St. Joe is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
St. Joe's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 30.31x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
23.8%per year |
| United States of America Real Estate Industry PEG Ratio | Median Figure of 12 Publicly-Listed Real Estate Companies | 0.44x |
| United States of America Market PEG Ratio | Median Figure of 2,117 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for St. Joe, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
St. Joe's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $8.53 |
| NYSE:JOE Share Price * | NYSE (2019-05-17) in USD | $16.58 |
| United States of America Real Estate Industry PB Ratio | Median Figure of 52 Publicly-Listed Real Estate Companies | 1.44x |
| United States of America Market PB Ratio | Median Figure of 5,195 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:JOE Share Price ÷ Book Value per Share (both in USD) = 16.58 ÷ 8.53 |
1.94x |
* Primary Listing of St. Joe.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- St. Joe is overvalued based on assets compared to the US Real Estate industry average.
Value checks
We assess St. Joe's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check) St. Joe has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is St. Joe expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
- No analysts cover St. Joe, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- St. Joe's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- St. Joe's earnings growth is expected to exceed the United States of America market average.
- Unable to compare St. Joe's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:JOE Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 23.8% |
| United States of America Real Estate Industry Earnings Growth Rate | Market Cap Weighted Average | 6.9% |
| United States of America Real Estate Industry Revenue Growth Rate | Market Cap Weighted Average | 6.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.9% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 106 | 38 | 34 |
| 2018-12-31 | 110 | 41 | 32 |
| 2018-09-30 | 116 | 50 | 71 |
| 2018-06-30 | 126 | 46 | 71 |
| 2018-03-31 | 106 | 49 | 56 |
| 2017-12-31 | 100 | 54 | 60 |
| 2017-09-30 | 97 | 52 | 24 |
| 2017-06-30 | 90 | 47 | 21 |
| 2017-03-31 | 89 | 16 | 12 |
| 2016-12-31 | 97 | 11 | 16 |
| 2016-09-30 | 98 | -3 | 11 |
| 2016-06-30 | 99 | -4 | 11 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from St. Joe Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 0.55 |
| 2018-12-31 | 0.52 |
| 2018-09-30 | 1.11 |
| 2018-06-30 | 1.08 |
| 2018-03-31 | 0.82 |
| 2017-12-31 | 0.84 |
| 2017-09-30 | 0.33 |
| 2017-06-30 | 0.28 |
| 2017-03-31 | 0.16 |
| 2016-12-31 | 0.21 |
| 2016-09-30 | 0.14 |
| 2016-06-30 | 0.14 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if St. Joe will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess St. Joe's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
St. Joe has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has St. Joe performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- St. Joe's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- St. Joe's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- St. Joe's 1-year earnings growth is negative, it can't be compared to the US Real Estate industry average.
Earnings and Revenue History
All data from St. Joe Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 106.43 | 33.61 | 0.07 | |
| 2018-12-31 | 110.28 | 32.37 | 0.07 | |
| 2018-09-30 | 115.86 | 70.94 | 0.08 | |
| 2018-06-30 | 126.18 | 71.40 | 0.08 | |
| 2018-03-31 | 106.39 | 55.97 | 0.08 | |
| 2017-12-31 | 100.04 | 59.58 | 0.08 | |
| 2017-09-30 | 96.90 | 23.78 | 0.04 | |
| 2017-06-30 | 90.10 | 20.55 | 0.03 | |
| 2017-03-31 | 89.00 | 11.60 | 0.13 | |
| 2016-12-31 | 96.86 | 15.90 | 0.13 | |
| 2016-09-30 | 98.10 | 10.65 | 0.09 | |
| 2016-06-30 | 98.74 | 10.70 | 0.25 | |
| 2016-03-31 | 107.03 | 8.67 | 0.15 | |
| 2015-12-31 | 103.87 | -1.73 | 0.15 | |
| 2015-09-30 | 98.44 | -10.29 | 13.89 | |
| 2015-06-30 | 94.56 | -13.11 | 9.99 | |
| 2015-03-31 | 124.88 | 1.72 | 13.74 | |
| 2014-12-31 | 701.87 | 406.45 | 13.74 | |
| 2014-09-30 | 720.07 | 418.11 | 3.91 | |
| 2014-06-30 | 732.95 | 422.36 | 11.90 | |
| 2014-03-31 | 698.57 | 410.46 | 12.64 | |
| 2013-12-31 | 131.26 | 4.99 | 1.75 | |
| 2013-09-30 | 120.00 | -4.20 | 18.52 | |
| 2013-06-30 | 139.08 | 6.94 | 17.48 | |
| 2013-03-31 | 135.65 | 4.41 | 17.91 | |
| 2012-12-31 | 139.40 | 6.01 | 18.00 | |
| 2012-09-30 | 136.60 | -313.97 | 16.90 | |
| 2012-06-30 | 107.44 | -331.74 | 16.53 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- St. Joe has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- St. Joe used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
- St. Joe has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess St. Joe's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
St. Joe has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is St. Joe's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up St. Joe's finances.
The net worth of a company is the difference between its assets and liabilities.
- St. Joe is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- St. Joe's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from St. Joe Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 530.32 | 255.21 | 200.64 |
| 2018-12-31 | 533.11 | 246.15 | 204.11 |
| 2018-09-30 | 534.10 | 239.04 | 213.20 |
| 2018-06-30 | 549.54 | 235.82 | 227.49 |
| 2018-03-31 | 581.20 | 232.05 | 215.02 |
| 2017-12-31 | 592.58 | 232.17 | 192.08 |
| 2017-09-30 | 566.75 | 232.22 | 166.77 |
| 2017-06-30 | 657.87 | 231.92 | 247.18 |
| 2017-03-31 | 657.56 | 231.89 | 216.98 |
| 2016-12-31 | 686.80 | 231.35 | 241.11 |
| 2016-09-30 | 673.16 | 230.49 | 165.29 |
| 2016-06-30 | 668.82 | 230.41 | 183.48 |
| 2016-03-31 | 667.13 | 230.79 | 201.33 |
| 2015-12-31 | 673.45 | 230.57 | 212.77 |
| 2015-09-30 | 677.16 | 247.14 | 157.89 |
| 2015-06-30 | 979.84 | 245.67 | 337.97 |
| 2015-03-31 | 978.76 | 243.85 | 289.71 |
| 2014-12-31 | 979.70 | 241.15 | 34.52 |
| 2014-09-30 | 984.35 | 238.00 | 61.58 |
| 2014-06-30 | 985.18 | 231.55 | 50.88 |
| 2014-03-31 | 969.75 | 49.42 | 237.42 |
| 2013-12-31 | 563.53 | 44.22 | 21.89 |
| 2013-09-30 | 561.33 | 37.83 | 22.83 |
| 2013-06-30 | 556.23 | 38.21 | 54.18 |
| 2013-03-31 | 550.63 | 35.75 | 168.65 |
| 2012-12-31 | 552.33 | 36.06 | 165.98 |
| 2012-09-30 | 560.00 | 30.38 | 172.40 |
| 2012-06-30 | 544.76 | 51.70 | 169.90 |
- St. Joe's level of debt (48.1%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (5.3% vs 48.1% today).
- Debt is not well covered by operating cash flow (14.9%, less than 20% of total debt).
- St. Joe earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess St. Joe's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) St. Joe has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is St. Joe's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
St. Joe
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate St. Joe's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate St. Joe's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Real Estate Industry Average Dividend Yield | Market Cap Weighted Average of 16 Stocks | 2.7% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2000 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2009-11-03 | 0.000 | 0.000 |
| 2009-08-04 | 0.000 | 0.000 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as St. Joe has not reported any payouts.
- Unable to verify if St. Joe's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess St. Joe's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can St. Joe afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) St. Joe has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $905,598 |
| AGE | 53 |
| TENURE AS CEO | 3.5 years |
CEO Bio
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 of Development at The St. Joe Company since March 2015 to November 2015 and served as its Vice President of Entitlements. Mr. Gonzalez has been with Entitlements since 2002. His major areas of responsibility are in entitlements, land use, environmental, regulatory and public affairs. Immediately prior to joining St. Joe, Mr. Gonzalez was a consultant in private practice. Mr. Gonzalez has over 27 years of continuous experience in various planning and real estate related roles. Mr. Gonzalez serves on various community boards and organizations, including as the Chairman of the Bay County Economic Development Alliance and the Board of Directors of Florida Chamber of Commerce and was recently appointed by Governor Scott to serve on The Florida State University’s Board of Trustees. He serves as a Director of Enterprise Florida, Inc. He is Member of the Urban Land Institute and serves on various community boards and organizations including the FSU Panama City Campus Development Board and the Board of the Panama City Beach Chamber of Commerce. He has been a Director of The St. Joe Company since November 18, 2015. Mr. Gonzalez holds undergraduate and graduate degrees from The Florida State University.
CEO Compensation
- Jorge's compensation has been consistent with company performance over the past year.
- Jorge's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the St. Joe management team in years:
- The tenure for the St. Joe management team is about average.
Management Team
Jorge Gonzalez
President
$906K
53
3.5 yrs
Marek Bakun
Executive VP & CFO
$856K
46
5.6 yrs
Susan Mermer
Chief Accounting Officer
$290K
57
3.2 yrs
Lisa Walters
Senior VP
$329K
0.8 yrs
Patrick Murphy
Senior VP of Operations
$315K
47
K. Goff
Senior VP & Chief Administrative Officer
7.3 yrs
David Harrelson
Senior Vice President of Timberland
$268K
62
7.3 yrs
L. Brady
Special Advisor
$892K
70
4.8 yrs
Board of Directors Tenure
Average tenure and age of the St. Joe board of directors in years:
- The tenure for the St. Joe board of directors is about average.
Board of Directors
Bruce Berkowitz
Chairman of the Board
59
8.2 yrs
Jorge Gonzalez
President
$906K
53
3.5 yrs
Howard Frank
Independent Director
$225K
77
8.2 yrs
Jim Hunt
Independent Director
$149K
62
2 yrs
Thomas Murphy
Independent Director
$125K
69
8 yrs
Cesar Alvarez
Independent Director
$125K
70
7 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by St. Joe insiders in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 07. May 19 | Buy | Elizabeth Walters | Individual | 06. May 19 | 06. May 19 | 1,438 | $17.13 | $24,633 | ||
| 07. May 19 | Buy | Jorge Gonzalez | Individual | 06. May 19 | 06. May 19 | 1,400 | $17.46 | $24,444 | ||
| 07. May 19 | Buy | Marek Bakun | Individual | 06. May 19 | 06. May 19 | 1,000 | $17.44 | $17,440 | ||
| 26. Nov 18 | Buy | Jorge Gonzalez | Individual | 21. Nov 18 | 21. Nov 18 | 1,700 | $14.59 | $24,803 | ||
| 12. Sep 18 | Buy | Jorge Gonzalez | Individual | 11. Sep 18 | 11. Sep 18 | 1,515 | $16.35 | $24,770 | ||
| 03. Aug 18 | Buy | Marek Bakun | Individual | 03. Aug 18 | 03. Aug 18 | 1,000 | $18.00 | $18,000 | ||
Management checks
We assess St. Joe's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) St. Joe has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Can The St. Joe Company (NYSE:JOE) Improve Its Returns?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.059 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleDoes The St. Joe Company's (NYSE:JOE) CEO Salary Reflect Performance?
This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Jorge Gonzalez's Compensation Compare With Similar Sized Companies. … We looked at a group of companies with market capitalizations from US$400m to US$1.6b, and the median CEO total compensation was US$2.2m.
Simply Wall St - – Full articleInvestors Who Bought St. Joe (NYSE:JOE) Shares A Year Ago Are Now Down 19%
Joe Company (NYSE:JOE) share price has gained 21% in the last three months. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … The share price fall of 19% isn't as bad as the reduction in earnings per share.
Simply Wall St - – Full articleIs The St. Joe Company's (NYSE:JOE) Balance Sheet Strong Enough To Weather A Storm?
Joe Company (NYSE:JOE) with its market cap of US$931m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … I believe these basic checks tell most of the story you need to know.
Simply Wall St - – Full articleAt US$15.98, Is It Time To Put The St. Joe Company (NYSE:JOE) On Your Watch List?
Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … So, could the stock still be trading at a low price relative to its actual value. … Joe’s outlook and value based on the most recent financial data to see if the opportunity still exists
Simply Wall St - – Full articleHow Does The St. Joe Company (NYSE:JOE) Affect Your Portfolio Volatility?
Joe Company (NYSE:JOE), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.
Simply Wall St - – Full articleWhat The St. Joe Company's (NYSE:JOE) ROE Can Tell Us
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.13 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleShould You Take Comfort From Insider Transactions At The St. Joe Company (NYSE:JOE)?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … That means that even when the share price was higher, an insider wanted to purchase shares. … Over the last year, we can see that insiders have bought 37.14k shares worth US$674k.
Simply Wall St - – Full articleWhat You Must Know About The St Joe Company's (NYSE:JOE) Financial Strength
While small-cap stocks, such as The St Joe Company (NYSE:JOE) with its market cap of US$914m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Assessing first and foremost the financial health is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Simply Wall St - – Full articleIs The St Joe Company (NYSE:JOE) Potentially Undervalued?
received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to $18.05 at one point, and dropping to the lows of $14.83. … Joe's current trading price of $15.02 reflective of the actual value of the? … Joe’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleCompany Info
Description
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.
Details
| Name: | The St. Joe Company |
| JOE | |
| Exchange: | NYSE |
| Founded: | 1936 |
| $998,124,853 | |
| 60,200,534 | |
| Website: | http://www.joe.com |
| Address: |
The St. Joe Company 133 South Watersound Parkway, Watersound, Florida, 32461, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | JOE | Common Stock | New York Stock Exchange | US | USD | 31. Mar 1976 | |
| DB | JOE | Common Stock | Deutsche Boerse AG | DE | EUR | 31. Mar 1976 |
Number of employees
Current staff
Industry
| Diversified Real Estate Activities | |
| Real Estate |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/20 01:40 |
| End of day share price update: | 2019/05/17 00:00 |
| Last estimates confirmation: | 2019/02/27 |
| Last earnings filing: | 2019/05/01 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
