Fairholme Capital holds 76% in St. Joe, sees strong Q2 growth; adds Pfizer, Campbell Soup, UPS for diversification.
Fairholme Capital, managed by Bruce Berkowitz, has concentrated 76.43% of its portfolio in St. Joe Company, a land developer which reported its highest Q2 revenue in 20 years. Despite this high concentration, Fairholme has begun diversifying by adding positions in Pfizer, Campbell Soup, and UPS, indicating a shift towards more stable, cash-generating sectors. This move suggests a safer entry point for retail investors looking for diversification, as the high concentration in St. Joe poses risks.
The St. Joe Company Releases the Latest Issue of the Watersound Club® Member “Watersound Lifestyle®” Magazine
The St. Joe Company (NYSE: JOE) has released the latest issue of its "Watersound Lifestyle" magazine for Watersound Club members. The magazine highlights the people, places, and experiences of Northwest Florida, featuring stories from residents and showcasing national achievements, sporting pursuits, and amenity updates at Watersound Club. The publication is available in print and online, and includes forward-looking statements about the company's development activities.
The St. Joe Company Releases the Latest Issue of the Watersound Club® Member "Watersound Lifestyle®" Magazine
The St. Joe Company (NYSE: JOE) has released the latest issue of its "Watersound Lifestyle" magazine for Watersound Club members. The magazine highlights the community and experiences in Northwest Florida, featuring stories from residents and showcasing club amenities and events. It is available in print and online.
Watersound Club Magazine Highlights Residents, Events and 30°60°
The St. Joe Company released the latest issue of its "Watersound Lifestyle" magazine, a publication for Watersound Club members. The magazine celebrates the people, places, and experiences of Northwest Florida, featuring stories from residents and showcasing club amenities and events like Rhythm on the Range and the expanded 30°60° gathering place. The company emphasizes its real estate development activities in Northwest Florida.
Did Strong Q2 2026 Earnings and Capital Returns Just Shift St. Joe’s (JOE) Investment Narrative?
St. Joe Company (JOE) reported strong Q2 2026 results with increased sales, revenue, net income, and EPS, alongside a declared cash dividend and ongoing share repurchases. These results reinforce the company's investment narrative, suggesting current projects are successfully converting into profits and highlighting a shareholder-friendly capital return approach. However, the article notes that risks such as high debt, real estate cyclicality, and potentially high expectations still remain.
Did Strong Q2 2026 Earnings and Capital Returns Just Shift St. Joe’s (JOE) Investment Narrative?
St. Joe Company recently reported strong Q2 2026 earnings, with increased sales, revenue, net income, and diluted EPS, alongside declaring a cash dividend and continuing share repurchases. These results reinforce the company's investment narrative, suggesting current projects are generating profits and highlighting a shareholder-friendly capital return strategy. However, the article also notes risks such as leverage and real estate cyclicality, despite a Simply Wall St Community fair value view indicating potential undervaluation.
St. Joe (JOE) Could Be 127% Below Fair Value Following Record Second Quarter Results
St. Joe (JOE) reported record second-quarter revenue and net income, alongside an ongoing dividend and share repurchases. While a Discounted Cash Flow (DCF) model suggests the stock could be significantly undervalued at $152.60 per share compared to its current price of $67.35, its Price-to-Earnings (P/E) ratio of 31.2x is higher than industry averages, indicating investors are already paying a premium for current earnings. The article advises investors to review the details themselves due to these mixed signals.
Renaissance Technologies LLC Raises Stake in St. Joe Company (The) $JOE
Renaissance Technologies LLC significantly increased its stake in St. Joe Company by 516.9% in the first quarter, now holding 54,900 shares valued at approximately $3.45 million. Institutional investors collectively own 86.67% of the company, and St. Joe recently received an upgrade from "hold" to "buy" by Weiss Ratings. The company reported quarterly earnings of $0.71 per share and declared a quarterly dividend of $0.16.
Licensable picture: Advertising for the St. Joe Company's Windmark Beach development is pictured on July 27, 2026.
This article provides details about a licensable picture from USA TODAY Network, available through Reuters Connect. The image shows advertising for The St. Joe Company's Windmark Beach development, captured on July 27, 2026. It includes metadata like dimensions, credit, source, and byline for licensing purposes.
Licensable picture: Windmark Beach, a St. Joe Company development, is pictured on July 27, 2026.
This article presents a licensable picture of Windmark Beach, a development by The St. Joe Company, taken on July 27, 2026. The image is provided by the USA TODAY Network via Reuters Connect for professional media customers. The metadata includes details like dimensions, credit, source, and photographer.
Licensable picture: The sign for Watersound, a St Joe Company development project, is pictured on July 27, 2026.
This Reuters Connect content features a licensable picture of the Watersound development project sign, which belongs to The St Joe Company. The photograph was taken on July 27, 2026, and is provided by USA TODAY Network. It is made available to professional media customers for news purposes.
Is Dividend Hike And Buybacks-Fueled Capital Return Altering The Investment Case For St. Joe (JOE)?
St. Joe Company (JOE) recently reported strong Q2 2026 results, including US$158.83 million in revenue and US$40.47 million in net income, and declared a US$0.16 per-share dividend. These results, coupled with ongoing share repurchases, reinforce the company's focus on shareholder returns. While the news supports St. Joe's long-term investment narrative of developing Northwest Florida and generating recurring income, it doesn't radically change it, especially given the company's high debt load and premium valuation.
Is Dividend Hike And Buybacks-Fueled Capital Return Altering The Investment Case For St. Joe (JOE)?
St. Joe (JOE) recently reported strong Q2 2026 results, including increased revenue and net income, alongside a reaffirmed dividend and continued share buybacks. While these actions support the company's long-term growth narrative in Northwest Florida and emphasize shareholder returns, they don't fundamentally change the investment case. Key concerns remain the company's high debt load and premium valuation, with market reactions suggesting the news is incremental rather than transformative.
Taylor Larza to lead new PulteGroup Florida Panhandle division
PulteGroup has established a new Florida Panhandle division, appointing Taylor Larza as its vice president and market manager. This expansion builds on a previous agreement with The St. Joe Company for up to 2,653 homesites in Bay County, with initial development expected in 2027. The move aims to capitalize on strong demand in Florida and introduce PulteGroup's brands to the Northwest Florida market.
St. Joe Company (The) $JOE Shares Sold by Healthcare of Ontario Pension Plan Trust Fund
Healthcare of Ontario Pension Plan Trust Fund significantly reduced its stake in St. Joe Company, selling 88.8% of its shares in the first quarter and retaining 5,462 shares. Despite this, institutional investors still hold 86.67% of the company. St. Joe recently reported earnings of $0.71 per share, a market capitalization of $3.53 billion, and a dividend yield of 1.0%, though analyst sentiment remains cautious with a "Hold" rating.
First Trust Advisors LP Increases Stock Position in St. Joe Company (The) $JOE
First Trust Advisors LP significantly increased its stake in St. Joe Company, purchasing an additional 93,736 shares in the first quarter, bringing their total holdings to 127,557 shares valued at $8 million. Despite this, some insider selling occurred, with major shareholder Bruce R. Berkowitz selling 140,400 shares, and Weiss Ratings downgrading the stock to a "hold" rating. The company reported quarterly EPS of $0.71 on $158.86 million in revenue and declared a quarterly dividend of $0.16 per share.
Is St. Joe (JOE) Fairly Valued As Fresh Results Highlight A Big DCF Gap?
St. Joe (JOE) recently reported strong Q2 2026 results, including increased revenue, earnings, a dividend declaration, and share repurchases, leading to significant share price momentum. Despite a discounted cash flow (DCF) model suggesting a fair value of $149.53 per share against its current $62.24, implying undervaluation, the stock trades at a high P/E ratio compared to its industry and peers. This discrepancy suggests investors are paying a premium for current earnings, raising questions about whether the current business mix justifies this higher multiple.
St. Joe (NYSE:JOE) - Stock Analysis
This Simply Wall St report provides a detailed stock analysis of The St. Joe Company (NYSE:JOE), highlighting its performance, financial health, and dividend information. The company operates in real estate development, asset management, and operations in the United States, with a current market cap of US$3.7 billion. The analysis covers historical stock prices, recent news including dividend declarations and earnings reports, and expert opinions from various sources like Seeking Alpha.
St. Joe Q2 Earnings Call Highlights
St. Joe reported strong Q2 results with revenue up 23% to $158.9 million and net income up 37% to $40.5 million, marking its highest second-quarter revenue in 20 years and highest net income in company history (excluding a 1996 gain). The company saw increased gross margins across all operating segments and a significant 39% year-over-year increase in residential real estate revenue. St. Joe also strategically allocated capital, repurchasing $32.7 million in common stock and investing in future growth, while planning new utility corridors to support residential development and considering waterfront opportunities.
St. Joe Q2 2026: Revenue Hits $158.8M, Up 23% Year-Over-Year
The St. Joe Company (NYSE: JOE) reported Q2 2026 revenue of $158.8M, a 23% increase year-over-year, and basic net income per share of $0.71, matching analyst expectations. The company's growth was primarily driven by strong hospitality operations and steady real estate sales in Northwest Florida, with its hospitality segment leading all business lines with $74.2M in revenue. Despite solid operational results, the stock declined 2.5%, reflecting market skepticism and concerns about valuation and the housing market.
Front Street Capital Management Inc. Sells 47,365 Shares of St. Joe Company (The) $JOE
Front Street Capital Management Inc. reduced its stake in The St. Joe Company (NYSE:JOE) by 14.3% in the first quarter, selling 47,365 shares and retaining 282,984 shares valued at $17.8 million. The company's stock, trading at $63.14, has institutional ownership of 86.67%, with insiders selling 1 million shares recently. St. Joe also declared a quarterly dividend of $0.16 per share, yielding 1.0%, and maintains a consensus "Hold" rating from analysts.
Dimensional Fund Advisors LP Sells 39,399 Shares of St. Joe Company (The) $JOE
Dimensional Fund Advisors LP reduced its stake in The St. Joe Company (NYSE:JOE) by 2.9% in the first quarter, selling 39,399 shares. Other institutional investors adjusted their holdings, while Weiss Ratings downgraded St. Joe to a "Hold." The company recently announced a quarterly dividend and its stock performance metrics are detailed.
ETFs Investing in St. Joe Company Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of The St. Joe Company (JOE). It provides detailed data for each ETF, including market value, weight of JOE stock, issuer, management style, expense ratio, AUM, price, and 3-year NAV total return. The ETFs predominantly focus on small-cap and extended market strategies, with some specializing in real estate or dividend achievers.
St. Joe Q2 Earnings Call Highlights
St. Joe reported strong Q2 earnings with revenue up 23% to $158.9 million and net income increasing 37% to $40.5 million, marking its highest second-quarter results in 20 and 28 years respectively. The company saw higher gross margins across all operating segments and made significant capital allocations towards stock repurchases, capital expenditures, debt reduction, and dividends. St. Joe also outlined plans for future residential and commercial development, including two new utility corridors and an academic health center model hospital, while maintaining a focus on Northwest Florida's growing demand and strategic land pipeline.
The St. Joe | 8-K: THE ST. JOE COMPANY REPORTS SECOND QUARTER AND FIRST HALF 2026 RESULTS AND DECLARES A QUARTERLY DIVIDEND OF $0.16 PER SHARE
The St. Joe Company reported its second quarter and first half 2026 financial results, including a significant increase in revenue and net income compared to the previous year. The company saw growth across all its segments, particularly in residential and commercial real estate, and declared a quarterly dividend of $0.16 per share. This performance is attributed to the continued demand for residential and commercial properties in its primary markets.
St. Joe Company 2026 Q2 10-Q: Joint Ventures, Equity Investments, and Real Estate Segment Insights
The St. Joe Company (NYSE: JOE) has released its Q2 2026 financial report, detailing strong activity in joint ventures, robust equity method investment transactions, and an ongoing share repurchase program. The report highlights the company's complex debt structure with hedging activities, dividend payments for Q3 2026, and extensive fair value disclosures. Key insights for shareholders include potential price-sensitive issues related to share repurchases, dividend payments, and the company's hedging strategies in a volatile interest rate environment.
St. Joe Q2 net income surges 37% to record $40.5M on margin gains
The St. Joe Company reported a record second quarter, with net income increasing 37% to $40.5 million and revenue growing 23% to $158.8 million, driven by gross margin expansion across all segments. The company's strategy involves a "Virtuous Circle of Value Creation," converting hotel guests into residential buyers and commercial customers, while capital allocation focused on share repurchases, dividends, and capital expenditures. This performance was supported by strong real estate and hospitality revenues, despite a decline in leasing revenue due to a strategic divestment.
Tranche Update on The St. Joe Company's Equity Buyback Plan announced on August 13, 1998.
The St. Joe Company has provided an update on its equity buyback plan, initially announced on August 13, 1998. Between April 1, 2026, and June 30, 2026, the company repurchased 499,700 shares for $32.69 million, representing 0.87% of its equity. Cumulatively, the company has now repurchased 63,430,460 shares, or 76.51%, for a total of $1,537.11 million under this long-standing buyback program.
Earnings Flash (JOE) The St. Joe Company Reports Q2 Revenue $158.8M
The St. Joe Company (JOE) announced its second-quarter revenue reached $158.8 million. This financial update follows previous reports of increased Q2 earnings and revenue, which led to a rise in shares after hours. The company is primarily involved in real estate development, asset management, and operations in Northwest Florida.
St. Joe's $40.5M Q2 Net Income Highest in 30 Years
The St. Joe Company (NYSE: JOE) reported its second-quarter and first-half 2026 results, achieving a 37% increase in quarterly net income to $40.5 million, marking its highest second-quarter net income in 30 years. Total quarterly revenue grew by 23% to $158.8 million, the highest in 20 years, driven by significant increases in real estate and hospitality revenues. The company also declared a quarterly dividend of $0.16 per share and outlined its strategy for continued growth through its diverse real estate portfolio and capital allocation initiatives.
Hotel Indigo, a St Joe Company project in downtown Panama City, Florida, pictured on July 27, 2026.
This article provides a licensable picture of the Hotel Indigo project by The St. Joe Company, located in downtown Panama City, Florida. The image was taken on July 27, 2026, and is available through USA TODAY Network via Reuters Connect for professional media customers. The asset details include dimensions, credit, source, and byline.
St. Joe Company Revenue Breakdown – FWB:JOE
The St. Joe Company (FWB:JOE) generated €352.62 million in revenue last year. Its top-performing segment was Hospitality, bringing in €187.95 million. The majority of the contribution, €436.99 million, came from the United States region.
St. Joe (JOE) Stock Could Be A Bargain Despite Its 44% Run
St. Joe (JOE) stock has seen a 43.8% gain over five years, with a Discounted Cash Flow (DCF) analysis suggesting it is 49.2% undervalued despite other valuation methods indicating it's expensive. The DCF model projects an intrinsic value of $122 per share based on growing free cash flow from its Northwest Florida projects. However, its P/E ratio of 31.8x is significantly higher than the industry average, signaling that the market is paying a premium for its current earnings.
St. Joe (JOE) Stock Could Be A Bargain Despite Its 44% Run
St. Joe's stock has seen a 43.8% gain over five years, and while a Discounted Cash Flow (DCF) analysis suggests it's 49.2% undervalued, other valuation metrics indicate it might be overvalued relative to its peers. The discrepancy highlights market skepticism about whether the projected cash flows from its Northwest Florida projects will translate into sustainable earnings. The article advises investors to consider if the current price reflects a true opportunity or if much of the long-term growth story is already priced in.
One Billionaire Fund Has Nearly 80% of Its Portfolio in a Single Stock
Bruce Berkowitz's Fairholme Capital Management holds nearly 80% of its portfolio in The St. Joe Company (NYSE:JOE), a Northwest Florida real estate developer. The conviction stems from St. Joe's strong financial performance in 2025, with significant revenue and net income growth driven by residential pricing power and recurring revenue from hospitality and leasing. Despite recent trimming of shares by Berkowitz, the fund retains a substantial stake, viewing JOE as a long-duration land compounder with significant intrinsic value based on undeveloped land.
Gabelli Funds LLC Trims Stock Position in St. Joe Company (The) $JOE
Gabelli Funds LLC reduced its stake in St. Joe Company by 13.3% in the first quarter, selling 80,100 shares, though institutional ownership remains high. Despite this, other hedge funds increased their positions. The company reported $0.24 EPS on $99.04 million in revenue and a $0.16 quarterly dividend, while an insider sold a significant number of shares.
St. Joe Company Revenue Breakdown – LSE:0A7U
The St. Joe Company (LSE:0A7U) generated $389.20 million in revenue last year, with its Hospitality segment being the top performer contributing $220.75 million. The United States was the company's largest geographical contributor, accounting for $513.25 million of its revenue. This article provides a breakdown of the company's revenue by segment and country.
JOE|St Joe Co|Price:62.050|Chg%:-0.070
TradingKey provides a comprehensive stock analysis for St Joe Co (JOE), detailing its financial health, valuation, earnings forecasts, price momentum, institutional confidence, and risk assessment. The company shows significant growth potential with steady revenue and high net income, alongside a stable dividend payout. Despite positive indicators like institutional buying and an "undervalued" status, the stock is expected to trend down in the medium term, currently trading sideways between support and resistance levels.
St. Joe Company (The) (JOE) Stock Forecasts
Argus has raised its target price for The St. Joe Company (JOE) to $67.00, from its current price of $62.12. This information was released on July 15, 2026, and is part of a premium research report. Other related reports cover companies like UDR, JLL, CPT, CUZ, and BXP with updated target prices or analyses.
JOE|St Joe Co|Price:62.150|Chg%:+0.330
St Joe Co (JOE) is a real estate development company with stable fundamentals and significant growth potential, though its stock price has performed weakly recently. The company owns 167,000 acres in Northwest Florida, operating through residential, hospitality, and commercial segments. While its valuation is considered fair, and it has high institutional ownership and consistent dividends, technical indicators suggest a sideways trading pattern.
The St. Joe Company (JOE) Has a Migration-and-Land Story, but Execution Still Drives the Return
The St. Joe Company (JOE) offers a way to invest in Northwest Florida's growth through land, residential development, hospitality, and commercial buildout. While the company's recent Q1 2026 performance shows progress in revenue and homesite contracts, profitability was impacted by lower equity income from unconsolidated joint ventures, highlighting that execution and timing remain critical for investor returns. Risks include slower monetization, interest rates affecting absorption, and disciplined capital deployment across its development pipeline.
ETFs Investing in St. Joe Company Stocks
This article lists the various Exchange Traded Funds (ETFs) that invest in The St. Joe Company (JOE) stocks, providing key details such as market value, weight, issuer, management style, expense ratio, and total return. It offers investors a comprehensive overview of ETFs with JOE holdings, making it easier to identify investment opportunities with potentially lower risk. The data is sorted by market value and includes passive and active management styles across small-cap, real estate, and extended market foci.
St Joe : to Announce Second Quarter 2026 Results and Hold Earnings Call for the Second Quarter
The St. Joe Company (NYSE: JOE) announced it will release its second quarter 2026 financial results after the market closes on Wednesday, July 29, 2026. The company will also host an earnings call on Friday, July 31, 2026, at 10:00 a.m. Central Time / 11:00 a.m. Eastern Time, allowing investors to submit written questions. A replay of the call will be available until September 1, 2026, on their website.
Schwartz Investment Counsel Inc. Decreases Stock Holdings in St. Joe Company (The) $JOE
Schwartz Investment Counsel Inc. reduced its stake in The St. Joe Company (NYSE:JOE) by 14.2% in the first quarter, selling 44,000 shares but still holding 266,400 shares valued at $16.7 million. Despite this reduction, institutional investors collectively own 86.67% of the stock. The company reported a Q1 EPS of $0.24 on $99.04 million in revenue and paid a quarterly dividend of $0.16 per share.
Watersound Town Center Expansion Might Change The Case For Investing In St. Joe (JOE)
The St. Joe Company (JOE) has expanded its Watersound Town Center, opening new retail and dining establishments with the complex already 98% leased and plans for further growth. This expansion reinforces St. Joe's strategy of integrating residential and commercial developments and transitioning from land sales to recurring commercial income. While the high occupancy is positive, investors should also consider the company's financial risks including a Q1 2026 dip in net income, a high earnings multiple, and a significant debt load.
Watersound Town Center Expansion Might Change The Case For Investing In St. Joe (JOE)
The St. Joe Company has expanded its Watersound Town Center, which is 98% leased and set to significantly grow, integrating retail and housing. This expansion reinforces St. Joe's strategy of converting its land bank into diverse income streams, supporting its long-term investment narrative by demonstrating strong tenant demand. However, short-term risks such as a recent dip in net income, high earnings multiples compared to peers, and a substantial debt load persist.
Watersound Town Center Expansion Might Change The Case For Investing In St. Joe (JOE)
The St. Joe Company has expanded its Watersound Town Center with new retailers, dining, wellness concepts, and offices, demonstrating its strategy of integrating retail and housing. The center is 98% leased and plans to grow significantly, reinforcing the investment narrative around converting its Northwest Florida land bank into recurring income. While this expansion highlights strong tenant demand, investors should still consider the company's Q1 2026 net income dip, relatively high earnings multiple, and debt load as ongoing risks.
St. Joe (JOE) Could Be 49% Undervalued After Watersound Town Center Expansion
St. Joe (JOE) is garnering investor attention following the expansion of its Watersound Town Center with new retail, dining, and office tenants. Despite a recent share price cooling, the company's long-term sentiment remains strong. While its P/E ratio is higher than peers, a discounted cash flow model suggests the stock could be significantly undervalued, indicating potential for growth if projects and profitability stay on track.
Watersound Town Center Expansion Might Change The Case For Investing In St. Joe (JOE)
The St. Joe Company's Watersound Town Center in Florida is undergoing significant expansion, with new retailers and offices opening and plans for further development, reinforcing the company's integrated retail and housing ecosystem strategy. While the 98% occupancy rate and tenant demand strengthen St. Joe's investment narrative, financial risks such as a recent dip in net income, a high earnings multiple, and substantial debt load remain concerns for investors. The article suggests exploring financial analysis tools and reports to form a comprehensive investment decision regarding St. Joe.
The St. Joe Company highlights its real estate platform as investors track US housing trends
The St. Joe Company operates a large-scale real estate platform in Florida, focusing on residential, commercial, and hospitality assets. This strategy provides investors with exposure to long-term US housing and tourism trends in a rapidly growing region. The company's diversified approach, combining land sales with recurring income from leased properties, helps to smooth cash flows and offers a long-term value proposition.
