St. Joe Company Stock News

St. Joe Company's Bay-Walton Sector Plan covers 110,500 acres, aiming to develop 170,200 residential units and 22 million sq. ft. of commercial space by 2064. Despite a challenging housing market, St. Joe's land is undervalued, trading at $15,449/acre versus an intrinsic value of $53,543/acre. Hospitality and commercial segments show strong growth, with hotel revenues up 22.3% and commercial le...

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) and its subsidiaries' (“St. Joe”) residential communities in Walton County continue to grow alongside the local school district's rise in statewide school rankings. Walton County School District recently announced its recognition as No. 1 in education across the State of Florida by the Florida Policy Institute's 2025 Chil...

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) is proud to announce that IHG Hotels & Resorts (“IHG”) has recognized Hotel Indigo Panama City Marina (“Hotel Indigo”) as “IHG Newcomer of the Year.” This award is a prestigious accolade within the IHG family—which includes 19 hotel brands and more than 6,000 hotels globally—recognizing new hotels that have ex...

The housing sector continues to be more than challenged triggering a recent sharp downturn in most housing related stocks. Housing affordability remains near historical lows, new home inventory is surging, and mortgage rates are stubbornly hovering near the 7% level. New tariffs are also pushing the price of lumber higher, which will hurt profit margins for the home builders.

I previously owned shares of the St. Joe Company, experienced mixed results, and recently revisited it for potential investment ideas. The St. Joe Company doesn't seem suitable for long-term investment but offers opportunities through conservative option strategies like covered calls and buy-writes. The company's current dividend yield is a low 1.17%, making it less attractive for income-focuse...

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) celebrates the announcement of a new nonstop flight between Northwest Florida Beaches International Airport (ECP) in Panama City, FL and LaGuardia Airport (LGA) in New York City. The seasonal service offered by Delta Air Lines, is the first-ever opportunity for vacationers in the Northeast to fly direct from N...

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) announces the opening of its newest Watersound Club golf course designed by Love Golf Design Founders Davis Love III and Mark Love and Lead Architect Scot Sherman. Named “The Third” in homage to both the PGA great who helped design the new course and its position as the third golf course in the Watersound Club...

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)-- #JOE--The St. Joe Company reports fourth quarter and full year 2024 results, declares a dividend of $0.14 and increases repurchase authority to $100 million.