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Market Cap

US$2.6b

Last Updated

2021/04/13 22:10 UTC

Data Sources

Company Financials

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. More Details


Snowflake Analysis

Proven track record with imperfect balance sheet.


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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: JOE's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

2.8%

JOE

-5.2%

US Real Estate

1.3%

US Market


1 Year Return

143.0%

JOE

93.3%

US Real Estate

53.9%

US Market

Return vs Industry: JOE exceeded the US Real Estate industry which returned 99.1% over the past year.

Return vs Market: JOE exceeded the US Market which returned 57.9% over the past year.


Shareholder returns

JOEIndustryMarket
7 Day2.8%-5.2%1.3%
30 Day-9.7%-7.3%2.8%
90 Day0.6%-1.6%6.6%
1 Year143.9%143.0%97.6%93.3%56.6%53.9%
3 Year146.2%145.2%26.6%18.5%62.7%52.3%
5 Year158.8%157.7%56.8%36.6%120.5%95.9%

Long-Term 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

Valuation

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

58.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JOE ($44.11) is trading above our estimate of fair value ($6.78)

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 (57.6x) compared to the US Real Estate industry average (31.6x).

PE vs Market: JOE is poor value based on its PE Ratio (57.6x) compared to the US market (22.3x).


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 (4.7x) compared to the US Real Estate industry average (1.4x).


Future Growth

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

41.6%

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.


Past Performance

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

18.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JOE has a large one-off gain of $21.6M impacting its December 31 2020 financial results.

Growing Profit Margin: JOE's current net profit margins (28.2%) are higher than last year (21%).


Past Earnings Growth Analysis

Earnings Trend: JOE has become profitable over the past 5 years, growing earnings by 18.1% per year.

Accelerating Growth: JOE's earnings growth over the past year (69.1%) exceeds its 5-year average (18.1% per year).

Earnings vs Industry: JOE earnings growth over the past year (69.1%) exceeded the Real Estate industry -24.7%.


Return on Equity

High ROE: JOE's Return on Equity (8%) is considered low.


Financial Health

How is St. Joe's financial position?


Financial Position Analysis

Short Term Liabilities: JOE's short term assets ($210.4M) exceed its short term liabilities ($38.8M).

Long Term Liabilities: JOE's short term assets ($210.4M) do not cover its long term liabilities ($430.3M).


Debt to Equity History and Analysis

Debt Level: JOE's debt to equity ratio (59.2%) is considered high.

Reducing Debt: JOE's debt to equity ratio has increased from 34.2% to 59.2% over the past 5 years.

Debt Coverage: JOE's debt is not well covered by operating cash flow (11.1%).

Interest Coverage: JOE's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


Dividend

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

0.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JOE's dividend (0.73%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).

High Dividend: JOE's dividend (0.73%) is low compared to the top 25% of dividend payers in the US market (3.5%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether JOE's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if JOE's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.1%), JOE's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

7.1yrs

Average management tenure


CEO

Jorge Gonzalez (55 yo)

5.42yrs

Tenure

US$1,041,626

Compensation

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 ($USD1.04M) is below average for companies of similar size in the US market ($USD5.10M).

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


Leadership Team

Experienced Management: JOE's management team is seasoned and experienced (7.1 years average tenure).


Board Members

Experienced Board: JOE's board of directors are considered experienced (9.9 years average tenure).


Ownership

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$2.597b
  • Shares outstanding: 58.88m
  • Website: https://www.joe.com

Number of Employees


Location

  • The St. Joe Company
  • 130 Richard Jackson Boulevard
  • Suite 200
  • Panama City Beach
  • Florida
  • 32407
  • United States

Listings


Biography

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 three segmen...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 22:10
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.