---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001430"
form_type: "8-K"
ticker: "JOE"
cik: "0000745308"
company_name: "ST JOE Co"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:30:08.535903+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# St. Joe reports 54% revenue increase in 2023 to $389.2M; record hospitality and leasing; declares $0.12 dividend

## Summary
- Full year 2023 revenue $389.2M (+54% YoY); operating income $90.7M (+48% YoY).
- Q4 2023 net income $13.2M ($0.23 EPS) vs Q4 2022 $28.1M due to prior-year gains on JV sale and insurance.
- Hospitality record: revenue $152.4M (+57%); Watersound Club membership up 713 to 3,317.
- Leasing record: revenue $50.8M (+30%); 95% leased on 1.082M sq ft.
- Dividend declared: $0.12 per share, payable March 27, 2024 to record shareholders March 4, 2024.

## SEC filing metadata
- accession: 0001558370-24-001430
- form_type: 8-K
- ticker: JOE
- cik: 0000745308
- company_name: ST JOE Co
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745308/000155837024001430/0001558370-24-001430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745308/000155837024001430/joe-20240221x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001430
- JSON: https://secwatch.observer/filing/0001558370-24-001430.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001430.txt

## Key facts
- Earnings Releases
  ST JOE Co reported financial results for the fourth quarter and year ended December 31, 2023.
  - Period: the fourth quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 21, 2024, The St. Joe Company (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/745308/000155837024001430/0001558370-24-001430-index.htm

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