St. Joe (JOE) Set to Announce Quarterly Earnings on Wednesday

St. Joe (NYSE:JOE) will be issuing its quarterly earnings data after the market closes on Wednesday, April 24th.

St. Joe (NYSE:JOE) last posted its quarterly earnings data on Wednesday, February 21st. The financial services provider reported $0.23 earnings per share (EPS) for the quarter. St. Joe had a net margin of 19.96% and a return on equity of 11.40%. The company had revenue of $86.70 million for the quarter.

St. Joe Price Performance

NYSE JOE opened at $56.07 on Tuesday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.90. St. Joe has a 12-month low of $38.81 and a 12-month high of $65.99. The company has a market capitalization of $3.27 billion, a PE ratio of 41.84 and a beta of 1.30. The firm’s 50 day moving average is $55.06 and its 200-day moving average is $54.32.

St. Joe Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Monday, March 4th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend was Friday, March 1st. St. Joe’s dividend payout ratio (DPR) is presently 35.82%.

Insider Activity at St. Joe

In related news, Director Bruce R. Berkowitz sold 7,300 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $54.28, for a total value of $396,244.00. Following the completion of the transaction, the director now owns 19,228,724 shares of the company’s stock, valued at $1,043,735,138.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other St. Joe news, Director Bruce R. Berkowitz sold 4,500 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $55.38, for a total transaction of $249,210.00. Following the completion of the transaction, the director now owns 19,390,224 shares of the company’s stock, valued at $1,073,830,605.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bruce R. Berkowitz sold 7,300 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $54.28, for a total value of $396,244.00. Following the transaction, the director now directly owns 19,228,724 shares of the company’s stock, valued at approximately $1,043,735,138.72. The disclosure for this sale can be found here. Insiders sold a total of 106,800 shares of company stock valued at $5,780,959 over the last quarter. 38.80% of the stock is owned by corporate insiders.

St. Joe Company Profile

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers.