St. Joe Q3 net income rises 57% to $19.4 million as revenue climbs 76%
St. Joe reported third-quarter 2023 net income attributable to the Company of $19.4 million, up 57% from a year earlier, on total revenue up 76% to $101.4 million. The board also declared a quarterly dividend of $0.12 per share, payable December 8, 2023. Depreciation expense rose to $10.7 million from $5.8 million as more operating assets were placed into service.
Key points
- Net income attributable to the Company rose 57% to $19.4 million, or $0.33 per share, from $12.4 million, or $0.21 per share, a year earlier.
- Total revenue rose 76% to $101.4 million; real estate revenue rose 131% to $39.9 million and hospitality revenue rose 63% to $47.4 million.
- Board declared a quarterly cash dividend of $0.12 per share, payable December 8, 2023, to holders of record on November 9, 2023.
- Depreciation, depletion and amortization rose to $10.7 million from $5.8 million in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 25, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.