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4 - ST JOE Co (0000745308) (Issuer)
4 - ST JOE Co (0000745308) (Issuer)
4 - ST JOE Co (0000745308) (Issuer)
8-K - ST JOE Co (0000745308) (Filer)
8-K - ST JOE Co (0000745308) (Filer)
10-Q - ST JOE Co (0000745308) (Filer)
Today, Minto Communities USA ("Minto"), The St. Joe Company (NYSE:JOE) ("St. Joe") and Margaritaville Holdings ("Margaritaville") announced that even more amenities are now open at Latitude Margaritaville Watersound's Latitude Town Square. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250619191336/en/ Award-winning Latitude Margaritaville communities offer a laid-back lifestyle of fun, food, music and escapism that has captured the imagination of today's vibrant 55 and better home buyers who are growing older…but not up. These new offerings add even more exciting options for residents. A colorful Workin' N' Playin' Center com
The St. Joe Company (NYSE:JOE) ("St. Joe") announces plans for construction of a Publix Super Market ("Publix") at Watersound West Bay Center located at the entrance to the Latitude Margaritaville® Watersound community. The new Publix, planned for approximately 50,000 square feet, including a pharmacy, deli, bakery and an adjacent liquor store, is anticipated to break ground later this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250529616783/en/ "Publix at Watersound West Bay Center will provide customers with a convenient location, minutes from area beaches, an international airport and a new medical campus," said Hann
The St. Joe Company (NYSE:JOE) ("St. Joe") announces Johnnie-O as the latest national retail tenant to join Watersound Town Center, St. Joe's open-air, lifestyle center at the entrance to the Watersound Origins® residential community in Inlet Beach, Florida. The Johnnie-O retail store will be located in the approximately 13,000 square foot multi-tenant retail building currently under construction with new storefront retail leasing opportunities currently available. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250528741676/en/Conceptual rendering of the multi-tenant retail building currently under construction at Watersound Tow
The St. Joe Company (NYSE:JOE) ("St. Joe") announces Johnnie-O as the latest national retail tenant to join Watersound Town Center, St. Joe's open-air, lifestyle center at the entrance to the Watersound Origins® residential community in Inlet Beach, Florida. The Johnnie-O retail store will be located in the approximately 13,000 square foot multi-tenant retail building currently under construction with new storefront retail leasing opportunities currently available. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250528741676/en/Conceptual rendering of the multi-tenant retail building currently under construction at Watersound Tow
The St. Joe Company (NYSE:JOE) ("St. Joe") launches a boutique real estate brokerage specializing in home sales along Northwest Florida's gulf coast. The new venture is led by industry veteran Diane Hausler who serves as Senior Vice President and manages the brokerage's day-to-day operations. "The time is right for St. Joe to open this brokerage, as the Northwest Florida housing market has grown and evolved into one of the most desirable places to own a home in the country, and Diane is the ideal fit to lead its operations," said Jorge Gonzalez, President and Chief Executive Officer of The St. Joe Company. "This new brokerage is consistent with St. Joe's strategy of growing ‘asset-light'
Highlights for the first quarter of 2025 as compared to the first quarter of 2024: Quarterly net income attributable to the Company increased by 26% to $17.5 million from $13.9 million. Quarterly revenue increased by 7% to $94.2 million from $87.8 million, the highest first quarter revenue outside of the one-off timberland sale in 2014. Real estate revenue increased by 12% to $38.3 million from $34.2 million. Homesite closings volume increased by 15% to 249 homesites from 216 homesites. Leasing revenue increased by 14% to a quarterly record of $16.3 million from $14.3 million. In the first quarter of 2025, the Company funded $32.7 million in capital expenditures, paid $8.2 million
Highlights for the fourth quarter of 2024 compared to the fourth quarter of 2023: Quarterly net income attributable to the Company increased by 43% to $18.9 million from $13.2 million. Quarterly revenue increased by 20% to $104.3 million from $86.7 million. Real estate revenue increased by 23% to $46.5 million from $37.7 million. Homesite closings volume increased 82% to a single quarter record of 331 homesites from 182 homesites. Hospitality revenue increased by 19% to $42.2 million from $35.4 million. Leasing revenue increased by 15% to $15.6 million from $13.6 million. As of December 31, 2024, 95% of the 1,182,000 net rentable square feet were leased. In the fourth quar
Hospitality revenue increased by 17% for the third quarter of 2024 to $55.4 million from $47.4 million and increased 34% for the first nine months of 2024 to $157.0 million from $117.0 million. Hospitality gross margin increased to 34.1% in the third quarter of 2024 as compared to 23.8% in the third quarter of 2023 and increased to 33.3% for the first nine months of 2024 as compared to 21.0% for the first nine months of 2023. Leasing revenue increased by 19% for the third quarter of 2024 to $15.6 million from $13.1 million and increased 20% for the first nine months of 2024 to $44.7 million from $37.2 million. The leasable square feet increased by 9% to 1,179,000 square feet with the per
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