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The St. Joe Company: Making A Bet On Florida

03:44am, Wednesday, 15'th Nov 2023
St. Joe Company is a real estate developer focused on the northwest Florida region, particularly Panama City. JOE owns a variety of properties including residential, hospitality, and business services
Bruce Berkowitz (Trades, Portfolio), leader of Fairholme Capital Management, revealed earlier this week he curbed his investment in The St. Joe Co. ( JOE , Financial) by 3.28%.

Bruce Berkowitz Trims Stake in The St. Joe Co

08:39am, Wednesday, 02'nd Aug 2023
On July 28, 2023, Bruce Berkowitz (Trades, Portfolio), the founder and Managing Member of the Fairholme Fund (Trades, Portfolio), reduced his stake in The St. Joe Co ( JOE , Financial), a prominent re
Delays in homesite and home deliveries from supply chain disruptions have increased construction costs. Net income attributable to the Company in the reporting period was down 18 percent.
Fairholme Capital Management recently disclosed its 13F portfolio updates for the second quarter of 2022, which ended on June 30.
The St. Joe Company has benefited from the exodus out of the Northeast and places like Chicago since the pandemic, given its large land holdings in Florida. However, the shares have lost a third of th

Have Rising Mortgage Rates Hit This Developer?

07:45am, Wednesday, 03'rd Aug 2022
St. Joe's quarterly revenue looked concerning on the surface, but a closer look reveals the company continues to grow quickly.
These stocks can still deliver outstanding returns for investors.
St. Joe's all-of-the-above approach to building seems to be paying off.

Should You Start Disposing Your St. Joe Company (JOE) Shares?

12:38pm, Friday, 11'th Mar 2022 Insider Monkey
Nitor Capital, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here.

St Joe GAAP EPS of $0.54, revenue of $99.5M (NYSE:JOE)

10:39pm, Wednesday, 23'rd Feb 2022 Seeking Alpha
St Joe press release (NYSE:JOE): Q4 GAAP EPS of $0.54.Revenue of $99.5M (+55.7% Y/Y).Shares +6.38% AH.

St Joe raises quarterly dividend by 25% to $0.10 (NYSE:JOE)

09:23pm, Wednesday, 23'rd Feb 2022 Seeking Alpha
The St. Joe Company (NYSE:JOE) declares $0.10/share quarterly dividend, 25.0% increase from prior dividend of $0.08.Forward yield 0.87%Payable March 29; for shareholders of record March 7;.
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)-- #JOE--The St. Joe Company Reports Fourth Quarter and Full Year 2021 Results and Increases Quarterly Dividend By 25%

St. Joe, Electric Cart form JV for golf cart and LSV sales (NYSE:JOE)

10:30pm, Wednesday, 16'th Feb 2022 Seeking Alpha
The St. Joe Company (JOE) has established a joint venture with Electric Cart Company to bring golf cart and low speed vehicle ((LSV)) sales to two of its lifestyle shopping…
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company and Electric Cart Company, LLC announce a joint venture to bring golf cart sales to two of St. Joe’s Lifestyle Shopping Centers.
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