earnings
confidence high
sentiment positive
materiality 0.80
St. Joe Q2 net income up 37% to $40.5M; revenue record $158.8M, up 23% YoY
ST JOE Co
- Net income $40.5M ($0.71/sh) vs $29.5M ($0.51/sh) YoY, up 37%; highest Q2 net income in 30 years.
- Total revenue $158.8M, up 23% YoY; real estate revenue $69.6M (+59%), hospitality record $74.2M (+8%).
- Gross margins improved across all segments: residential 48% (from 45%), hospitality 42% (from 39%), commercial 65% (from 57%).
- Board declared $0.16/sh quarterly dividend, payable Sept 18, 2026 to holders of record Aug 21, 2026.
- Repurchased $32.7M of stock (499,700 shares) in Q2; outstanding shares lowest since 1997 at 56,991,651.