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

St. Joe (NYSE:JOE) is scheduled to be announcing its earnings results after the market closes on Wednesday, April 24th.

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

St. Joe Stock Up 2.2 %

JOE stock opened at $56.07 on Tuesday. St. Joe has a 52-week low of $38.81 and a 52-week high of $65.99. The company’s 50 day simple moving average is $55.06 and its 200-day simple moving average is $54.32. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.47 and a quick ratio of 1.47. The firm has a market capitalization of $3.27 billion, a P/E ratio of 41.84 and a beta of 1.30.

St. Joe Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Monday, March 4th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, March 1st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.86%. St. Joe’s dividend payout ratio is currently 35.82%.

Insider Activity

In other news, Director Bruce R. Berkowitz sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $54.85, for a total transaction of $175,520.00. Following the sale, the director now owns 19,387,024 shares in the company, valued at $1,063,378,266.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other St. Joe news, Director Bruce R. Berkowitz sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $54.85, for a total value of $175,520.00. Following the transaction, the director now owns 19,387,024 shares in the company, valued at approximately $1,063,378,266.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Bruce R. Berkowitz sold 3,100 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $54.04, for a total transaction of $167,524.00. Following the completion of the transaction, the director now owns 19,327,424 shares in the company, valued at approximately $1,044,453,992.96. The disclosure for this sale can be found here. Insiders have sold 106,800 shares of company stock worth $5,780,959 over the last 90 days. 38.80% of the stock is owned by company insiders.

About St. Joe

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.