---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001159"
form_type: "8-K"
ticker: "JOE"
cik: "0000745308"
company_name: "ST JOE Co"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:33:08.025562+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# St. Joe Q2 net income up 104% to $34.7M; dividend raised 20%

## Summary
- Revenue jumped 88% to $128.1M; real estate revenue +148% to $69.3M, hospitality record $45.1M.
- Homesite sales rose 30% to 300 units; average price per homesite $153K vs $83K YoY.
- Quarterly dividend increased 20% to $0.12/share, payable Sept 8, record Aug 11.
- EPS $0.60 vs $0.29; EBITDA $59.7M (+99%).
- Unconsolidated JV had $88.9M revenue; 164 home sales at Latitude Margaritaville.

## SEC filing metadata
- accession: 0001157523-23-001159
- form_type: 8-K
- ticker: JOE
- cik: 0000745308
- company_name: ST JOE Co
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745308/000115752323001159/0001157523-23-001159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745308/000115752323001159/a53483236.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001159
- JSON: https://secwatch.observer/filing/0001157523-23-001159.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001159.txt

## Key facts
- Earnings Releases
  ST JOE Co reported first six months of 2023 results: revenue $201.1 million, net income $45.1 million, EPS $0.77 per share.
  - Period: first six months of 2023
  - Revenue: $201.1 million
  - Net income: $45.1 million
  - EPS: $0.77 per share
  - Result: reported results
  source text: For the six months ended June 30, 2023, total consolidated revenue increased by 51% to $201.1 million, as compared to $133.1 million for the first six months of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/745308/000115752323001159/0001157523-23-001159-index.htm
- Earnings Releases
  ST JOE Co reported the quarter ended June 30, 2023 results: revenue $128.1 million, net income $34.7 million, EPS $0.60 per share.
  - Period: the quarter ended June 30, 2023
  - Revenue: $128.1 million
  - Net income: $34.7 million
  - EPS: $0.60 per share
  - Result: reported results
  source text: to the second quarter of 2022: Quarterly net income attributable to the Company increased by 104% to $34.7 million from $17.0 million. Quarterly revenue increased by 88% to $128.1 million from $68.2 million. Real estate revenue increased by 148% to $69.3 million from $28.0 million with average base revenue, excluding homesite residuals, per homesite sold of
  evidence_url: https://www.sec.gov/Archives/edgar/data/745308/000115752323001159/0001157523-23-001159-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.