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JOE

St. JoeNYSE:JOE Stock Report

Market Cap

US$2.8b

7D

-3.8%

1Y

38.6%

Updated

03 Dec, 2021

Data

Company Financials
JOE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends0/6

JOE Stock Overview

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.

St. Joe Competitors

Five Point Holdings

NYSE:FPH

US$877.8m

Tejon Ranch

NYSE:TRC

US$471.3m

Weyerhaeuser

NYSE:WY

US$28.7b

Rexford Industrial Realty

NYSE:REXR

US$11.3b

Price History & Performance

Summary of all time highs, changes and price drops for St. Joe
Historical stock prices
Current Share PriceUS$47.82
52 Week HighUS$57.55
52 Week LowUS$32.52
Beta1.12
1 Month Change1.51%
3 Month Change2.64%
1 Year Change38.61%
3 Year Change241.33%
5 Year Change125.57%
Change since IPO217.04%

Recent News & Updates

Dec 01
Is St. Joe (NYSE:JOE) A Risky Investment?

Is St. Joe (NYSE:JOE) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Oct 31
St. Joe (NYSE:JOE) Will Pay A Dividend Of US$0.08

St. Joe (NYSE:JOE) Will Pay A Dividend Of US$0.08

The board of The St. Joe Company ( NYSE:JOE ) has announced that it will pay a dividend on the 10th of December, with...

Sep 29

The St. Joe Company: Get Exposure To The Booming Florida Real Estate Market

The St. Joe Company owns 170,000 acres of land in one of the hottest real estate markets in the United States. Revenues are growing over 40% with a huge development pipeline. The stock will rerate much higher once investors discover that the growth and earnings are sustainable.

Sep 02
Is St. Joe (NYSE:JOE) A Risky Investment?

Is St. Joe (NYSE:JOE) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

JOEUS Real EstateUS Market
7D-3.8%-4.1%-2.7%
1Y38.6%-27.3%16.6%

Return vs Industry: JOE exceeded the US Real Estate industry which returned -29% over the past year.

Return vs Market: JOE exceeded the US Market which returned 19.4% over the past year.

Price Volatility

Is JOE's price volatile compared to industry and market?
JOE volatility
JOE Average Weekly Movement4.5%
Real Estate Industry Average Movement7.8%
Market Average Movement6.1%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: JOE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: JOE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1936511Jorge Gonzalezhttps://www.joe.com

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 segments: Residential, Hospitality, and Commercial. The Residential segment plans and develops residential communities of various sizes for homebuilders or retail consumers.

St. Joe Fundamentals Summary

How do St. Joe's earnings and revenue compare to its market cap?
JOE fundamental statistics
Market CapUS$2.82b
Earnings (TTM)US$62.40m
Revenue (TTM)US$231.40m

45.1x

P/E Ratio

12.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JOE income statement (TTM)
RevenueUS$231.40m
Cost of RevenueUS$114.19m
Gross ProfitUS$117.21m
ExpensesUS$54.81m
EarningsUS$62.40m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.06
Gross Margin50.65%
Net Profit Margin26.97%
Debt/Equity Ratio62.4%

How did JOE perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

29%

Payout Ratio

Valuation

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

41.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JOE ($47.82) is trading below our estimate of fair value ($81.2)

Significantly Below Fair Value: JOE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JOE is poor value based on its PE Ratio (45.1x) compared to the US Real Estate industry average (17.2x).

PE vs Market: JOE is poor value based on its PE Ratio (45.1x) compared to the US market (16.9x).


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 (1.6x).


Future Growth

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

39.8%

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?

12.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JOE has high quality earnings.

Growing Profit Margin: JOE's current net profit margins (27%) are higher than last year (24.5%).


Past Earnings Growth Analysis

Earnings Trend: JOE's earnings have grown by 12.6% per year over the past 5 years.

Accelerating Growth: JOE's earnings growth over the past year (83%) exceeds its 5-year average (12.6% per year).

Earnings vs Industry: JOE earnings growth over the past year (83%) underperformed the Real Estate industry 83%.


Return on Equity

High ROE: JOE's Return on Equity (10.3%) is considered low.


Financial Health

How is St. Joe's financial position?


Financial Position Analysis

Short Term Liabilities: JOE's short term assets ($193.1M) exceed its short term liabilities ($49.8M).

Long Term Liabilities: JOE's short term assets ($193.1M) do not cover its long term liabilities ($488.2M).


Debt to Equity History and Analysis

Debt Level: JOE's net debt to equity ratio (40.7%) is considered high.

Reducing Debt: JOE's debt to equity ratio has increased from 34.2% to 62.4% over the past 5 years.

Debt Coverage: JOE's debt is well covered by operating cash flow (21.4%).

Interest Coverage: JOE's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Dividend

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

0.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JOE's dividend (0.67%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: JOE's dividend (0.67%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: JOE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: JOE is not paying a notable dividend for the US market, therefore no need to check if payments are 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

Management

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

6.7yrs

Average management tenure


CEO

Jorge Gonzalez (56 yo)

6.08yrs

Tenure

US$1,238,395

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 ($USD1.24M) is below average for companies of similar size in the US market ($USD5.28M).

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 (6.7 years average tenure).


Board Members

Experienced Board: JOE's board of directors are seasoned and experienced ( 10.6 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 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$2.816b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 23:53
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
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.