ST JOE Co — Form 8-K
Filed July 29, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 62/100
What the filing says
St. Joe reported Q2 2026 net income of $40.5M ($0.71/share), up 37% YoY from $29.5M ($0.51/share), with total revenue up 23% to $158.8M (highest Q2 in 20 years). Real estate revenue surged 59% to $69.6M and hospitality revenue grew 8% to $74.2M (quarterly record). The Board declared a quarterly cash dividend of $0.16/share payable September 18, 2026. Capital allocation: 43% to stock repurchases ($32.7M in Q2; $37.7M YTD, up 133% vs. prior year), 31% to capex, 14% to debt repayment, 12% to dividends. Share count reached lowest since 1997 at 56.99M shares.
Why this rating
Strong earnings growth and record revenue are real gains; aggressive buybacks signal confidence. At ~$1.8B market cap, Q2 EPS of $0.71 annualizes to ~$2.84/share. However, growth partly seasonal/cyclical; reliant on real estate sales timing and Florida market demand. Meaningful but not transformational.
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