St Joe Stock Price, News & Analysis

The St. Joe Company (NYSE: JOE) has announced that Johnnie-O will join Watersound Town Center as its latest national retail tenant. The California-based clothier, celebrating its 20th anniversary, will open its 13th branded retail store in a new 13,000 square foot multi-tenant retail building currently under construction. Watersound Town Center, located at the entrance to the Watersound Origins residential community in Inlet Beach, Florida, will feature approximately 169,000 square feet of leasable retail, restaurant, and office space, with plans to expand to 400,000 square feet at build-out. Current tenants include Publix Super Market, Starbucks, J.McLaughlin, and Ambrosia Prime Seafood and Steaks. The center benefits from a built-in customer base of affluent year-round residents and over five million annual visitors to South Walton.

The St. Joe Company (NYSE: JOE) announces expanded nonstop daily flights between Northwest Florida Beaches International Airport (ECP) and LaGuardia Airport (LGA), starting November 6, 2025. This expansion follows Delta Air Lines' previously announced seasonal Saturday service for Summer 2025. The year-round service will utilize Embraer 175 aircraft.

The summer seasonal service begins June 14, 2025, with weekly Saturday flights through Labor Day using Delta's CRJ-900 aircraft. Additionally, daily service will be available from June 28 to July 6, 2025, specifically for Fourth of July holiday travel.

St. Joe, which owns and operates 12 hotels in Northwest Florida, views this enhanced connectivity as strategic for increasing visitation from the Northeast and potentially converting visitors into residents.

The St. Joe Company (NYSE: JOE) successfully concluded its 2025 Annual Meeting of Shareholders on May 13, 2025, in Panama City Beach, Florida. The event included a presentation and a market driving tour, allowing shareholders to view the company's operating assets and ongoing development projects. CEO Jorge Gonzalez emphasized the importance of shareholders experiencing firsthand the projects that will impact future financial performance.

St. Joe Company operates as a diversified real estate development, asset management, and operating company in Northwest Florida. The company focuses on residential, hospitality, and commercial ventures, leveraging its significant land-use entitlements while actively pursuing development opportunities to maximize the value of its real estate assets.

The St. Joe Company (NYSE: JOE) reported strong Q1 2025 results with net income up 26% to $17.5 million and revenue increasing 7% to $94.2 million. Key performance highlights include:

• Real estate revenue grew 12% to $38.3 million with homesite closings up 15% to 249 units
• Leasing revenue reached a quarterly record of $16.3 million, up 14%
• Hospitality revenue increased 1% to $39.6 million
• Cash and equivalents rose to $94.5 million

The company maintained strong execution of its capital allocation strategy, funding $32.7 million in capital expenditures, paying $8.2 million in dividends, repurchasing $5.7 million in stock, and reducing debt by $2.5 million. The Board declared a quarterly dividend of $0.14 per share.

The St. Joe Company (NYSE: JOE) announces that its Homewood Suites Panama City Beach has received the prestigious Hilton 'Award of Excellence', placing it among the top 5% of Homewood Suites hotels. The hotel earned a 96% score on Hilton's quality assessment, with high marks in guest ratings and cleanliness scores.

Opened in 2022, the hotel features 131 one- and two-bedroom suites with full kitchens, and is strategically located next to the 160-acre Publix Sports Park. The property offers amenities including a swimming pool, fitness center, and complimentary breakfast.

The recognition adds to St. Joe's growing list of hospitality accolades, with other properties in their 12-hotel portfolio also receiving awards in 2025, including Camp Creek Inn, The Pearl Hotel, WaterColor Inn and Resort, and Hotel Indigo Panama City Marina.

The St. Joe Company (NYSE: JOE) reports significant growth in its Walton County residential communities, coinciding with the county's educational achievements. The Walton County School District has been ranked No. 1 in education across Florida by the Florida Policy Institute's 2025 Child Well-Being Index and No. 2 in high school graduation rate according to the Florida Department of Education.

Since 2017, the district has improved from 35th to 3rd place in state academic testing and increased graduation rates by over 20%. St. Joe's three major communities in Walton County - Watersound Origins, Watersound Origins West, and Watersound Camp Creek - have expanded to include over 1,000 completed homes and 3,500 homesites in various development stages as of December 31, 2024.

The company maintains a strong partnership with the Walton County School District, exemplified by their 2019 collaboration on the Magnet Innovation Center, a STEAM high school facility.

The St. Joe Company (NYSE: JOE) announces that its Hotel Indigo Panama City Marina has received the prestigious 'IHG Newcomer of the Year' award from IHG Hotels & Resorts. The 124-room hotel, which opened in June 2023, achieved the highest occupancy percentage among all St. Joe hotels in 2024.

The five-story waterfront property features two restaurants: Tarpon's, offering Southern coastal cuisine, and Steam on 5, a rooftop venue with bay views. The hotel's success is attributed to its strategic location in downtown Panama City's year-round business district, contributing to consistent occupancy rates regardless of seasonal fluctuations.

The property is part of St. Joe's 12-hotel portfolio and is managed by Ethan Register, who also oversees the company's Harrison's Kitchen and Bar. The award recognizes excellence in guest experience and operational standards among IHG's network of over 6,000 hotels globally.

The St. Joe Company (NYSE: JOE) announces a historic first-ever nonstop flight service between Northwest Florida Beaches International Airport (ECP) and New York's LaGuardia Airport (LGA). Delta Air Lines will operate this seasonal service starting June 14, 2025, running through Labor Day with weekly Saturday flights and daily service during the Fourth of July holiday period (June 28-July 6, 2025).

The announcement follows ECP's record-breaking 2024 performance, with over 1.8 million passengers, marking a 13% increase from 2023. The new route aims to enhance connectivity between the Northeast and Northwest Florida, potentially benefiting St. Joe's portfolio of 12 hotels and resorts, including luxury properties like The Pearl Hotel and Camp Creek Inn.

The St. Joe Company (NYSE: JOE) has announced the opening of its newest Watersound Club golf course, 'The Third,' designed by Love Golf Design Founders Davis Love III and Mark Love, along with Lead Architect Scot Sherman. Opening March 20, this 18-hole course represents the third golf course in the Watersound Club collection, located north of Shark's Tooth golf course.

The expansion responds to growing membership demand, adding to the club's existing 54 holes of championship golf. Recent additions to the club include the Watersound Camp Creek amenities featuring a wellness center, tennis and pickleball courts, pool complex, dining venues, and the Watersound Club Sporting Preserve. The Third is designed to complement existing courses while offering varied difficulty levels through strategic tee placement and green designs.