JOE News and Press, St. Joe Company From 09/30/21

Bruce Berkowitz’s 13F stock portfolio value increased this quarter from $1.21B to $1.27B. Several small positions were dropped, and new ones added during the quarter. The 13F portfolio is mostly invested in St. Joe Company. For further details see: Tracking Bruce ...

The St. Joe Company owns 170,000 acres of land in one of the hottest real estate markets in the United States. Revenues are growing over 40% with a huge development pipeline. The stock will rerate much higher once investors discover that the growth and earnings are sustainable. ...

2021 has seen a big surge in cost pressures that seem to be accelerating. Energy and rent are two big components of this rising inflation. This inflation has eaten up all wage gains of the past year and recently we have seen sharply falling consumer sentiment and a very disappointing ...

The St. Joe Company (NYSE: JOE) (“St. Joe”) announces the commencement of development of a new 554-acre master planned community in Mexico Beach, Florida. Site work has started on the first phase of the community which is planned for 42 townhomes. Future phases of the comm...

The St. Joe Company’s (NYSE: JOE) (“St. Joe”) diverse portfolio of leasable space approaches 1 million square feet with new projects under construction and strong leasing activity on planned projects. This portfolio includes a multitude of asset types in Northwest F...

The St. Joe Company (NYSE: JOE) (“St. Joe”) releases the summer/fall issue of “Watersound Lifestyle,” the Watersound Club member magazine. The biannual magazine provides insight into club amenities and shines a light on interesting stories from the commun...

The St. Joe Company (NYSE: JOE) (the “Company”) today announced revenue for the second quarter of 2021 increased by 100% to $72.2 million as compared to $36.1 million for the second quarter of 2020. The increase was broad-based with a 133% increase in real estate revenue, ...

Interview with Harris Kupperman, aka Kuppy, of Praetorian Capital, and Adventures in Capitalism. He recently launched Kuppy's Event-Driven Monitor service or KEDM.com. Event-driven investing is right up my alley and I'm very excited to learn more from Kuppy on how he uses it and w...

The St. Joe Company has a history for growth, but the market demands a premium in exchange for that. I previously thought shares were overpriced, and they are very lofty today, but my concerns about the company have eased. Investors should be cautious, but if growth continues as i...

The St. Joe Company (NYSE: JOE) (“St. Joe”) today announces plans for a Home2 Suites by Hilton hotel in Santa Rosa Beach, Florida. St. Joe intends to build the hotel on its property near West Hewett Road just north of US Highway 98. Plans call for the four-story hotel ...