St. Joe
Market Cap
US$2.7b
Last Updated
2021/01/15 23:10 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
Rewards
Risk Analysis
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 +/- 8% a week.
Volatility Over Time: JOE's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
3.2%
JOE
-1.3%
US Real Estate
-0.9%
US Market
1 Year Return
119.4%
JOE
4.7%
US Real Estate
19.6%
US Market
Return vs Industry: JOE exceeded the US Real Estate industry which returned 5.2% over the past year.
Return vs Market: JOE exceeded the US Market which returned 21% over the past year.
Shareholder returns
| JOE | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.2% | -1.3% | -0.9% |
| 30 Day | 13.5% | 1.4% | 3.0% |
| 90 Day | 74.9% | 8.0% | 11.5% |
| 1 Year | 119.9%119.4% | 7.4%4.7% | 22.3%19.6% |
| 3 Year | 145.8%145.2% | 12.7%4.8% | 45.3%35.7% |
| 5 Year | 178.9%178.3% | 40.2%23.5% | 124.8%99.9% |
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
2 weeks ago | Simply Wall St
St. Joe's (NYSE:JOE) Earnings Are Growing But Is There More To The Story?1 month ago | Simply Wall St
The St. Joe Company's (NYSE:JOE) Stock Is Going Strong: Have Financials A Role To Play?1 month ago | Simply Wall St
Did St. Joe's (NYSE:JOE) Share Price Deserve to Gain 77%?Valuation
Is St. Joe undervalued compared to its fair value and its price relative to the market?
77.69x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JOE ($44.8) is trading above our estimate of fair value ($5.25)
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 (77.7x) compared to the US Real Estate industry average (37.6x).
PE vs Market: JOE is poor value based on its PE Ratio (77.7x) compared to the US market (21.3x).
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 (4.9x) compared to the US Real Estate industry average (1.3x).
Next Steps
Future Growth
How is St. Joe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
49.9%
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
- Check out St. Joe's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- St. Joe competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has St. Joe performed over the past 5 years?
23.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JOE has a large one-off gain of $19.4M impacting its September 30 2020 financial results.
Growing Profit Margin: JOE's current net profit margins (24.5%) are higher than last year (17.9%).
Past Earnings Growth Analysis
Earnings Trend: JOE has become profitable over the past 5 years, growing earnings by 23.3% per year.
Accelerating Growth: JOE's earnings growth over the past year (88.3%) exceeds its 5-year average (23.3% per year).
Earnings vs Industry: JOE earnings growth over the past year (88.3%) exceeded the Real Estate industry -7.9%.
Return on Equity
High ROE: JOE's Return on Equity (6.2%) is considered low.
Next Steps
Financial Health
How is St. Joe's financial position?
Financial Position Analysis
Short Term Liabilities: JOE's short term assets ($200.3M) exceed its short term liabilities ($38.6M).
Long Term Liabilities: JOE's short term assets ($200.3M) do not cover its long term liabilities ($412.9M).
Debt to Equity History and Analysis
Debt Level: JOE's debt to equity ratio (58%) is considered high.
Reducing Debt: JOE's debt to equity ratio has increased from 36.4% to 58% over the past 5 years.
Debt Coverage: JOE's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: JOE's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Next Steps
Dividend
What is St. Joe current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JOE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JOE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
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
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Jorge Gonzalez (55 yo)
5.17yrs
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 ($USD4.98M).
Compensation vs Earnings: Jorge's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.17yrs | US$1.04m | 0.036% $ 953.4k | |
| Executive VP | 7.25yrs | US$731.63k | 0.0097% $ 258.9k | |
| Senior VP & Chief Administrative Officer | 9yrs | US$222.64k | no data | |
| Senior VP | 2.42yrs | US$556.63k | 0.0049% $ 129.4k | |
| Senior Vice President of Timberland | 8.92yrs | US$268.30k | no data | |
| Senior VP of Operations | no data | US$315.40k | no data | |
| Special Advisor | 6.42yrs | US$892.35k | no data |
6.8yrs
Average Tenure
55yo
Average Age
Experienced Management: JOE's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.17yrs | US$1.04m | 0.036% $ 953.4k | |
| Independent Director | 9.83yrs | US$225.00k | 0.051% $ 1.4m | |
| Independent Director | 8.67yrs | US$125.00k | 0.0080% $ 212.5k | |
| Independent Chairman of the Board | 9.83yrs | no data | 2.65% $ 70.6m | |
| Independent Director | 9.67yrs | US$125.00k | 0.058% $ 1.5m |
9.7yrs
Average Tenure
71yo
Average Age
Experienced Board: JOE's board of directors are considered experienced (9.7 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$2.663b
- Shares outstanding: 58.88m
- Website: https://www.joe.com
Number of Employees
Location
- The St. Joe Company
- 133 South Watersound Parkway
- Watersound
- Florida
- 32461
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JOE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Mar 1976 |
| JOE | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1976 |
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 four segment...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 23:10 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.