JOE - Dividend announcements

Highlights for the first quarter of 2026 as compared to the first quarter of 2025: Quarterly revenue increased by 5% to $99.1 million from $94.2 million, the Company's highest first quarter revenue outside of the one-off timberland sale in 2014. Hospitality revenue increased by 13% to a first quarter record of $44.7 million from $39.6 million. Real estate revenue increased by 4% to $39.7 million from $38.3 million. Quarterly operating income increased by 8% to $18.2 million from $16.9 million. Equity in income from unconsolidated joint ventures decreased by $6.7 million primarily due to lower home closing volume related to the Latitude Margaritaville Watersound unconsolidated jo

Highlights for the fourth quarter of 2025 as compared to the fourth quarter of 2024: Quarterly net income attributable to the Company increased by 58% to $29.9 million, or $0.52 per share, from $18.9 million, or $0.32 per share. Total quarterly revenue increased by 24% to $128.9 million from $104.3 million. Real estate revenue increased by 47% to $68.2 million from $46.5 million. Hospitality revenue increased by 10% to a fourth quarter record of $46.5 million from $42.2 million. In the fourth quarter of 2025, the Company funded $18.5 million in capital expenditures, paid $9.2 million in cash dividends, repurchased $15.1 million of the Company's common stock and repaid a net a

Highlights for the third quarter of 2025 as compared to the third quarter of 2024: Quarterly net income attributable to the Company increased by 130% to $38.7 million, or $0.67 per share, from $16.8 million, or $0.29 per share. Quarterly revenue increased by 63% to $161.1 million from $99.0 million. Real estate revenue increased by 199% to $83.8 million from $28.0 million. Residential real estate revenue increased by 94% to $36.8 million from $19.0 million. The average homesite base sales price increased to $150,000 from $86,000 and gross margin increased to 53% from 39%. Hospitality revenue increased by 9% to a third quarter record of $60.6 million from $55.4 million. Leasin

Highlights for the second quarter of 2025 as compared to the second quarter of 2024: Quarterly net income attributable to the Company increased by 20% to $29.5 million, or $0.51 per share, from $24.5 million, or $0.42 per share. Quarterly revenue increased by 16% to $129.1 million from $111.6 million. Real estate revenue increased by 27% to $43.8 million from $34.5 million. Homesite closings volume increased by 21% to 225 homesites from 186 homesites. There were 482 homesites placed under contract during the second quarter of 2025. Hospitality revenue increased by 10% to a quarterly record of $68.8 million from $62.3 million. Leasing revenue increased by 11% to a quarterly re

Highlights for the first quarter of 2025 as compared to the first quarter of 2024: Quarterly net income attributable to the Company increased by 26% to $17.5 million from $13.9 million. Quarterly revenue increased by 7% to $94.2 million from $87.8 million, the highest first quarter revenue outside of the one-off timberland sale in 2014. Real estate revenue increased by 12% to $38.3 million from $34.2 million. Homesite closings volume increased by 15% to 249 homesites from 216 homesites. Leasing revenue increased by 14% to a quarterly record of $16.3 million from $14.3 million. In the first quarter of 2025, the Company funded $32.7 million in capital expenditures, paid $8.2 million

Highlights for the fourth quarter of 2024 compared to the fourth quarter of 2023: Quarterly net income attributable to the Company increased by 43% to $18.9 million from $13.2 million. Quarterly revenue increased by 20% to $104.3 million from $86.7 million. Real estate revenue increased by 23% to $46.5 million from $37.7 million. Homesite closings volume increased 82% to a single quarter record of 331 homesites from 182 homesites. Hospitality revenue increased by 19% to $42.2 million from $35.4 million. Leasing revenue increased by 15% to $15.6 million from $13.6 million. As of December 31, 2024, 95% of the 1,182,000 net rentable square feet were leased. In the fourth quar

Hospitality revenue increased by 17% for the third quarter of 2024 to $55.4 million from $47.4 million and increased 34% for the first nine months of 2024 to $157.0 million from $117.0 million. Hospitality gross margin increased to 34.1% in the third quarter of 2024 as compared to 23.8% in the third quarter of 2023 and increased to 33.3% for the first nine months of 2024 as compared to 21.0% for the first nine months of 2023. Leasing revenue increased by 19% for the third quarter of 2024 to $15.6 million from $13.1 million and increased 20% for the first nine months of 2024 to $44.7 million from $37.2 million. The leasable square feet increased by 9% to 1,179,000 square feet with the per

Hospitality revenue increased substantially above the prior Company quarterly record achieved in the third quarter of 2023. Hospitality gross margin increased to 39.2% in the second quarter of 2024 as compared to 26.2% in the second quarter of 2023. Hospitality revenue increased by 38%, leasing revenue increased by 19%, while real estate revenue decreased by 51% as compared to the second quarter 2023. Overall revenue in the quarter was $111.6 million as compared to $128.1 million in 2023. For the first six-months of 2024, total revenue decreased by 1% to $199.4 million from 2023 and net income attributable to the Company decreased to $38.4 million, as compared to $45.1 million in 202

Highlights for the first quarter of 2024 as compared to the first quarter of 2023: Revenue increased by 20%. Operating income increased by 42%. Net income attributable to the Company increased by 34%. The St. Joe Company (NYSE:JOE) (the "Company," "We," or "Our") today reports first quarter 2024 results. Jorge Gonzalez, the Company's President and Chief Executive Officer, said, "St. Joe continues to show solid organic growth following record performance in 2023. Hospitality revenue grew by 60% with new hotels and increased Watersound Club memberships. Leasing revenue grew by 21% with over 1,000 leased multi-family and senior living units as of March 31, 2024. Residential real

Highlights for the full year 2023 as compared to full year 2022: Revenue increased by 54% to $389.2 million from $252.3 million. Operating income increased by 48% to $90.7 million from $61.4 million. Net income attributable to the Company increased by 10% to $77.7 million from $70.9 million. (Prior year net income attributable to the Company includes approximately $16.2 million after-tax gain on one unconsolidated joint venture and approximately $7.3 million after-tax gain on insurance recoveries.) The St. Joe Company (NYSE:JOE) (the "Company") today reported fourth quarter and full year 2023 results. Jorge Gonzalez, the Company's President and Chief Executive Officer, said,

Highlights for the third quarter of 2023 compared to the third quarter of 2022: Quarterly net income attributable to the Company increased by 57% to $19.4 million from $12.4 million. Quarterly revenue increased by 76% to $101.4 million from $57.6 million. Real estate revenue increased by 131% to $39.9 million from $17.3 million. Hospitality revenue increased by 63% to a quarterly record of $47.4 million from $29.0 million. Leasing revenue increased by 30% to $13.1 million from $10.1 million. As of September 30, 2023, the 1,082,000 net rentable square feet were 96% leased. Homesite closings volume increased 226% to 254 homesites from 78 homesites. Latitude Margaritaville

Highlights for the second quarter of 2023 compared 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 $153,000 as compared to $83,000. Hospitality revenue increased by 52% to a quarterly record of $45.1 million from $29.6 million. Leasing revenue increased by 33% to $12.4 million from $9.3 million. As of June 30, 2023, the 1,041,000 of net rentable square feet were 98%

Highlights for the first quarter of 2023 compared to the first quarter of 2022: Quarterly revenue increased by 12% to $73.0 million from $64.9 million. Hospitality revenue increased by 50%. Leasing revenue increased by 34%. Real estate revenue decreased by 5%. Homesite closings volume increased 81% to 327 homesites from 181 homesites. Latitude Margaritaville Watersound unconsolidated joint venture completed 149 home sales compared to 18 home sales. Net income attributable to the Company decreased to $10.4 million compared to $13.4 million with pre-opening expenses of $2.4 million in the first quarter of 2023 for new hotels, and other cost increases partially offse

Continued execution of the long-term strategic goal of diversifying and growing recurring revenue streams while increasing the intrinsic value of development and operating assets. Hospitality revenue for the full year 2022 increased by 29%, leasing revenue increased by 45%, while real estate revenue decreased by 31%, compared to the full year 2021. Overall revenue for the full year 2022 was $252.3 million compared to $267.0 million in 2021. Net income attributable to the Company for the full year 2022 decreased by 4.8% to $70.9 million primarily due to timing and product mix of sales in residential communities. For the full year 2022, the Company invested $356.7 million in capital

Quarterly revenue increased by 7% to $57.6 million, compared to $53.9 million in 2021 due to strong growth in leasing and hospitality revenue, which we believe is recurring. Leasing revenue increased by 42% and hospitality revenue increased by 30%. Real estate revenue decreased by 26% due to timing of homesite closings. Net income attributable to the Company for the quarter decreased by 18% to $12.4 million compared to $15.2 million in the same period in 2021. In 2021, the Company received a one-time payment of $3.6 million related to Hurricane Michael. For the first nine months of 2022, revenue increased by 14% to $190.7 million and net income attributable to the Company increased t

Quarterly revenue decreased by 6% to $68.2 million compared to $72.2 million in 2021 due to timing of homesite sales and mix of sales from different residential communities while the homesite units volume increased 34% to 231 homesites. Leasing revenue increased by 45% and hospitality revenue increased by 31%. Net Income decreased by 30% to $17.0 million compared to $24.2 million in 2021 due to timing of homesite sales and mix of sales from different residential communities, particularly the sale of homesites at the Watersound Camp Creek community in the second quarter of 2021, which are anticipated in the second half of 2022. Net Cash Provided by Operating Activities decreased by 75

Revenue increased by 57% to $64.9 million compared to $41.3 million in 2021 Net Income increased by 319% to $13.4 million compared to $3.2 million in 2021 Net Cash Provided by Operating Activities increased by 102% to $19.8 million compared to $9.8 million in 2021 The St. Joe Company (NYSE:JOE) (the "Company") today reports first quarter 2022 results. Revenue for the first quarter of 2022 increased by 57% to $64.9 million, as compared to $41.3 million for the first quarter of 2021. Revenue growth includes a 75% increase in real estate revenue, a 57% increase in leasing revenue and a 24% increase in hospitality revenue. Operating income increased by 267% to $20.2 million for the th

Revenue for the full year 2021 increased by 66% to $267.0 million compared to $160.5 million in 2020 Net Income for the full year 2021 increased by 65% to $74.5 million compared to $45.2 million in 2020 Net Cash Provided by Operating Activities for the full year 2021 increased by 200% to $111.8 million compared to $37.3 million in 2020 The St. Joe Company (NYSE:JOE) (the "Company") today announced fourth quarter and full year 2021 results. Revenue for the fourth quarter of 2021 increased by 56% to $99.5 million, as compared to $63.9 million for the fourth quarter of 2020. Revenue growth includes a 70% increase in leasing revenue, a 59% increase in real estate revenue and a 37% incre

Net Income up 94% for the third quarter of 2021 versus the third quarter of 2020 Net Cash from Operations up 79% for the third quarter of 2021 versus the third quarter of 2020 Record residential backlog totaling 1,661 homesites and 299 Latitude Margaritaville Watersound homes The St. Joe Company (NYSE:JOE) (the "Company") today announced revenue for the third quarter of 2021 increased by 28% to $53.9 million as compared to $42.0 million for the third quarter of 2020. The revenue growth includes a 44% increase in leasing revenue, a 31% increase in hospitality revenue and a 27% increase in real estate revenue. Operating income increased by 46% to $16.1 million for the three months en

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, a 95% increase in hospitality revenue and a 31% increase in leasing revenue. Operating income increased by 177% to $30.7 million for the three months ended June 30, 2021 as compared to $11.1 million for the three months ended June 30, 2020. Net income increased by 26% to $24.2 million, or $0.41 per share, compared to net income of $19.2 million, or $0.33 per share, for the same period in 2020. The three months ended June 30

The St. Joe Company (NYSE:JOE) (the "Company") today announced revenue for the first quarter of 2021 increased 122% to $41.3 million as compared to $18.6 million for the first quarter of 2020. The increase was broad-based with a 262% increase in real estate revenue, a 98% increase in hospitality revenue and a 30% increase in leasing revenue. Operating income increased by $6.8 million to $5.5 million for the three months ended March 31, 2021 as compared to a loss of ($1.3) million for the three months ended March 31, 2020. Net income increased by $4.7 million to $3.2 million, or $0.05 per share, compared to a net loss of ($1.5) million, or ($0.03) per share, for the same period in 2020. The