Key Points
- Major shareholder Bruce Berkowitz sold 21,100 shares on Mar. 17 at an average price of $72.22 for $1,523,842, trimming his stake by 0.13% to roughly 16,073,624 shares (≈$1.16B in value).
- St. Joe (NYSE: JOE) trades near $68.93 with a 52‑week range of $40.19–$73.54, a market cap of $3.97 billion and a P/E of 34.46, with 50‑ and 200‑day moving averages around $68.20 and $59.68 respectively.
- The firm pays a quarterly dividend of $0.16 (annualized $0.64, yield ≈0.9%; ex‑dividend Mar. 9, payable Mar. 26), is heavily institutionally held (~86.7% ownership), and has an average analyst rating of "Buy" despite some recent downgrades.
St. Joe Company (The) (NYSE:JOE - Get Free Report) major shareholder Bruce Berkowitz sold 21,100 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $72.22, for a total transaction of $1,523,842.00. Following the transaction, the insider owned 16,073,624 shares in the company, valued at $1,160,837,125.28. This represents a 0.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
St. Joe Stock Performance
Shares of NYSE JOE opened at $68.93 on Friday. St. Joe Company has a 1 year low of $40.19 and a 1 year high of $73.54. The firm has a market cap of $3.97 billion, a P/E ratio of 34.46 and a beta of 1.30. The stock has a fifty day moving average price of $68.20 and a two-hundred day moving average price of $59.68. The company has a debt-to-equity ratio of 0.73, a quick ratio of 2.68 and a current ratio of 2.68.
St. Joe (NYSE:JOE - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $0.52 earnings per share for the quarter. St. Joe had a return on equity of 15.23% and a net margin of 22.52%.The business had revenue of $128.89 million during the quarter.
St. Joe Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 9th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.64 annualized dividend and a dividend yield of 0.9%. St. Joe's payout ratio is currently 32.00%.
Key Headlines Impacting St. Joe
Here are the key news stories impacting St. Joe this week:
- Neutral Sentiment: Multiple local news pieces cover St. Joseph’s Day altars, parishes and community celebrations — these cultural stories (New Orleans, Metairie, Beaumont, etc.) are unrelated to The St. Joe Company’s business and are unlikely to move JOE materially. St. Joseph’s Day Altar at St. Francis Xavier in Metairie
- Neutral Sentiment: Coverage of regional St. Joseph’s Day events and guides (lists of altars, origin stories, festival reporting) is pervasive across outlets but carries no direct business impact for JOE. List: St. Joseph's Day altars 2026
- Neutral Sentiment: Portfolio coverage tracking Bruce Berkowitz’s Fairholme holdings provides context on his investment posture but does not by itself change St. Joe’s fundamentals. It’s useful background given Berkowitz’s large stake. Tracking Bruce Berkowitz's Fairholme Portfolio - Q4 2025 Update
- Negative Sentiment: Insider sale disclosed: Bruce R. Berkowitz sold 21,100 JOE shares on Mar. 17 at an average $72.22 (≈$1.52M). While the sale slightly reduces his percentage ownership (0.13% of his stake), he still holds ~16.07M shares (a very large position). The trade may exert modest near-term pressure or concern among investors, but the size is small relative to his overall holding. SEC filing: SEC Ownership Filing
Analyst Ratings Changes
JOE has been the topic of several recent research reports. Weiss Ratings restated a "buy (b-)" rating on shares of St. Joe in a research report on Monday, December 29th. Wall Street Zen lowered St. Joe from a "buy" rating to a "hold" rating in a research report on Saturday, February 28th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy".
Check Out Our Latest Research Report on St. Joe
Hedge Funds Weigh In On St. Joe
Several institutional investors and hedge funds have recently added to or reduced their stakes in JOE. Vanguard Group Inc. lifted its holdings in shares of St. Joe by 3.1% in the third quarter. Vanguard Group Inc. now owns 5,959,298 shares of the financial services provider's stock valued at $294,866,000 after purchasing an additional 179,877 shares in the last quarter. State Street Corp lifted its stake in St. Joe by 1.5% in the 4th quarter. State Street Corp now owns 1,430,583 shares of the financial services provider's stock worth $84,934,000 after acquiring an additional 21,309 shares in the last quarter. Geode Capital Management LLC boosted its position in St. Joe by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 994,963 shares of the financial services provider's stock worth $59,081,000 after acquiring an additional 11,621 shares during the period. Horizon Kinetics Asset Management LLC grew its stake in St. Joe by 1.0% during the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 555,891 shares of the financial services provider's stock valued at $26,516,000 after acquiring an additional 5,552 shares in the last quarter. Finally, Nitor Capital Management LLC acquired a new position in shares of St. Joe in the 4th quarter valued at about $31,789,000. 86.67% of the stock is currently owned by hedge funds and other institutional investors.
St. Joe Company Profile
(
Get Free Report)
The St. Joe Company (NYSE: JOE) is a leading real estate development and asset management firm focused on Northwest Florida. Headquartered in Jacksonville, the company owns and manages approximately 171,000 acres of land across Bay, Gulf, Franklin and Walton counties. St. Joe's core businesses include residential community development, commercial real estate, and hospitality, with an emphasis on master-planned neighborhoods, office and retail campuses, resort hotels and mixed-use town centers.
Founded in 1936 as a paper manufacturing company, St.
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