4 - ST JOE Co (0000745308) (Issuer)
4 - ST JOE Co (0000745308) (Issuer)
4 - ST JOE Co (0000745308) (Issuer)
SC 13D/A - ST JOE Co (0000745308) (Subject)
SC 13D/A - ST JOE Co (0000745308) (Subject)
SC 13G/A - ST JOE Co (0000745308) (Subject)
Latitude Margaritaville Watersound development partners have announced that Latitude Margaritaville Watersound has again been named among the top 50 master-planned communities in the U.S. on the RCLCO Real Estate Consulting mid-2024 listing. Latitude Margaritaville Watersound is being developed in a dynamic partnership between The St. Joe Company (NYSE:JOE) ("St. Joe") and master developer Minto Communities USA ("Minto"), under licensing from global lifestyle brand Margaritaville Holdings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821725207/en/ Latitude Margaritaville Watersound is located on Northwest Florida's Emerald
The St. Joe Company (NYSE:JOE) ("St. Joe") announces new homebuilder relationships with Holiday Builders and Harris Doyle Homes. With the addition of these regional homebuilders, St. Joe's builder program now includes 19 builders within its residential portfolio of 16 active communities throughout Northwest Florida. Holiday Builders, headquartered in Melbourne, Florida, recently executed a contract with St. Joe for the purchase of homesites in St. Joe's Salt Creek at Mexico Beach community—the first contract for single family homesites in this new community. Holiday Builders has been in business for more than 40 years, building homes throughout the state of Florida and southern Alabama.
The St. Joe Company (NYSE:JOE) ("St. Joe" or "The Company") recently released its second quarter 2024 results, which showed record-breaking performance for its hospitality segment. Hospitality revenue increased by 38% to $62.3 million in the second quarter of 2024 as compared to $45.1 million in the second quarter of 2023. Similarly, gross margin for the hospitality segment increased to 39.2% for the second quarter of 2024 as compared to 26.2% for the same period in 2023. St. Joe attributes these results to several factors including new property openings in 2023, enhanced operational efficiencies at existing properties and continued increased visitation to Northwest Florida. This press rel
10-Q - ST JOE Co (0000745308) (Filer)
8-K - ST JOE Co (0000745308) (Filer)
8-K - ST JOE Co (0000745308) (Filer)
Hospitality revenue increased substantially above the prior Company quarterly record achieved in the third quarter of 2023. Hospitality gross margin increased to 39.2% in the second quarter of 2024 as compared to 26.2% in the second quarter of 2023. Hospitality revenue increased by 38%, leasing revenue increased by 19%, while real estate revenue decreased by 51% as compared to the second quarter 2023. Overall revenue in the quarter was $111.6 million as compared to $128.1 million in 2023. For the first six-months of 2024, total revenue decreased by 1% to $199.4 million from 2023 and net income attributable to the Company decreased to $38.4 million, as compared to $45.1 million in 202
Highlights for the first quarter of 2024 as compared to the first quarter of 2023: Revenue increased by 20%. Operating income increased by 42%. Net income attributable to the Company increased by 34%. The St. Joe Company (NYSE:JOE) (the "Company," "We," or "Our") today reports first quarter 2024 results. Jorge Gonzalez, the Company's President and Chief Executive Officer, said, "St. Joe continues to show solid organic growth following record performance in 2023. Hospitality revenue grew by 60% with new hotels and increased Watersound Club memberships. Leasing revenue grew by 21% with over 1,000 leased multi-family and senior living units as of March 31, 2024. Residential real
Highlights for the full year 2023 as compared to full year 2022: Revenue increased by 54% to $389.2 million from $252.3 million. Operating income increased by 48% to $90.7 million from $61.4 million. Net income attributable to the Company increased by 10% to $77.7 million from $70.9 million. (Prior year net income attributable to the Company includes approximately $16.2 million after-tax gain on one unconsolidated joint venture and approximately $7.3 million after-tax gain on insurance recoveries.) The St. Joe Company (NYSE:JOE) (the "Company") today reported fourth quarter and full year 2023 results. Jorge Gonzalez, the Company's President and Chief Executive Officer, said,
St. Joe (NYSE:JOE) reported quarterly earnings of $0.24 per share. This is a 33.33 percent increase over earnings of $0.18 per share from the same period last year. The company reported $87.79 million in sales this quarter. This is a 20.26 percent increase over sales of $73.00 million the same period last year.
St. Joe (NYSE:JOE) reported quarterly earnings of $0.23 per share. This is a 52.08 percent decrease over earnings of $0.48 per share from the same period last year. The company reported $86.70 million in sales this quarter. This is a 40.75 percent increase over sales of $61.60 million the same period last year.