---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-001600"
form_type: "8-K"
ticker: "JOE"
cik: "0000745308"
company_name: "ST JOE Co"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T04:04:35.390878+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# St. Joe Q4 net income +43%, revenue +20%; records in homesites, hospitality, leasing; $0.14 dividend, buyback to $100M

## Summary
- Q4 net income attributable to Company rose 43% to $18.9M ($0.32 EPS) vs $13.2M ($0.23) YoY.
- Q4 revenue $104.3M (+20%); real estate +23%, hospitality +19%, leasing +15%. Record 331 homesite closings.
- Full year 2024: revenue $402.7M (+3%); hospitality record $199.2M, leasing record $60.3M; net income $74.2M (-5%) due to higher depreciation.
- Board declared quarterly dividend $0.14/share (payable Mar 27, record Mar 10) and increased share repurchase authority to $100M.
- Unconsolidated JV revenue $378.2M in 2024 ($351M in 2023); total invested $66.5M, pre-tax income $23.6M.

## SEC filing metadata
- accession: 0001558370-25-001600
- form_type: 8-K
- ticker: JOE
- cik: 0000745308
- company_name: ST JOE Co
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745308/000155837025001600/0001558370-25-001600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745308/000155837025001600/joe-20250226x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-001600
- JSON: https://secwatch.observer/filing/0001558370-25-001600.json
- Plain text: https://secwatch.observer/filing/0001558370-25-001600.txt

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