St. Joe Company (JOE)

In the past six months, St. Joe announced a 16% increase in total consolidated revenue for Q2 2025, with real estate revenue surging by 27%. The market reacted positively with a 1.79% uptick in JOE's stock on October 14, 2025. In October 2025, the stock price was hovering in the mid-$40s, showing a 5.46% rise compared to the previous week and a 4.49% rise over the last month, but a -4.91% decrease over the last year. St. Joe shares crossed below their 200-day moving average on October 7, 2025. There was noteworthy option activity for JOE stock on September 17, 2025. Major shareholder Bruce R. Berkowitz sold 104,100 shares of St. Joe stock for over $5.3 million on September 5, 2025. JOE crossed above a key moving average level on June 26, 2025, and there was an ex-dividend reminder on June 6, 2025. The resignation of Bruce Berkowitz from the Board of Directors on October 23, 2024, was noted as an unexpected risk.

Demand for The St. Joe Co.'s products and services is influenced by Florida's seasonal trends. Real estate activity peaks in the winter months (December through April) due to an influx of "snowbirds" and vacationers. The spring season (March through June) also sees a surge in both buyers and sellers. The summer months generally experience a slowdown in real estate activity due to heat, humidity, and the hurricane season. The company's hospitality segment also experiences seasonality, with the second and third quarters generally being stronger than the other two. Overall, the real estate revenue can be influenced by macro factors like interest rates and the economy, as well as company-specific development cycles.

The St. Joe Company (JOE), headquartered in Panama City Beach, Florida, is a real estate development, asset management, and operating company. Founded in 1936, it transitioned from paper and timber to real estate and is now a prominent player in residential, commercial, and hospitality development. The company develops master-planned residential communities with various housing options and sells homesites. It also develops and leases commercial properties like retail centers and office spaces. Additionally, St. Joe has a portfolio of hospitality assets, including hotels, resorts, and golf courses. The company still operates a forestry division, providing sawtimber, pulpwood, and other forest products. The company's sector is Real Estate, and its industry is Real Estate Development.

The St. Joe Company's land holdings and operations are primarily concentrated in Northwest Florida, mainly in Bay and Walton counties. The company owns approximately 167,000 to 170,000 acres of land in Northwest Florida. Of its 110,500 acres within the Bay-Walton Sector Plan, 53,000 acres have been placed into conservation. The company strategically leverages these land holdings for real estate development and asset management in the region.

The St. Joe Company is recognized for its strong brand in Northwest Florida, particularly for high-end residential developments and golf communities. The company's hospitality operations, including the Watersound Club and various hotels, also enhance its brand and attract a high-value clientele. The company focuses on creating exceptional places and preserving the natural beauty of its land, which contributes to its vision and reputation.

Institutional investors and hedge funds own approximately 86.67% of The St. Joe Co.'s stock. Janney Montgomery Scott LLC, Rossby Financial LCC, and Teacher Retirement System of Texas bought new stakes in the first quarter. Schwartz Investment Counsel Inc., Principal Financial Group Inc., Ameritas Investment Partners Inc., HRT Financial LP, GAMMA Investing LLC, and Smartleaf Asset Management LLC raised their positions in the first and second quarters. Bruce R. Berkowitz is a major shareholder, owning 16,324,624 shares after a sale in September 2025. The Alfred I. duPont Testamentary Trust and the Nemours Foundation together owned approximately 46.2% of the outstanding common stock, or 35,215,224 shares, prior to a share offering.