Every material Form 8-K St. Joe filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
St. Joe reported third-quarter 2024 total revenue of $99.0 million, down 2% from $101.4 million, and net income attributable to the company of $16.8 million, down 13% from $19.4 million. Real estate revenue fell 32%, while hospitality and leasing revenue rose 17% and 19%. Chairman Bruce R. Berkowitz retired from the board effective October 23, 2024, and CEO Jorge L. Gonzalez became chairman.
Q3 2024 total revenue was $99.0 million versus $101.4 million; net income was $16.8 million, or $0.29 per share, versus $19.4 million, or $0.33 per share.
Real estate revenue fell 32% to $28.0 million, while hospitality revenue rose 17% to $55.4 million and leasing revenue rose 19% to $15.6 million.
Bruce R. Berkowitz retired as chairman effective October 23, 2024; Jorge L. Gonzalez was named chairman and Howard S. Frank was named Independent Lead Director.
The board declared a quarterly cash dividend of $0.14 per share, payable December 6, 2024, to shareholders of record on November 7, 2024.
The St. Joe Company reported second-quarter 2024 revenue of $111.6 million, down 13% from $128.1 million a year earlier, and net income attributable to the Company of $24.5 million, or $0.42 per share, down from $34.7 million, or $0.60 per share. The company said hospitality and leasing revenue grew while real estate revenue fell 51%, and its board raised the quarterly dividend 17% to $0.14 per share.
Q2 2024 total revenue $111.6 million, down 13% from $128.1 million in Q2 2023
Q2 2024 net income attributable to the Company $24.5 million ($0.42 per share), down from $34.7 million ($0.60 per share)
Hospitality revenue rose 38% to $62.3 million; real estate revenue fell 51% to $34.5 million
Quarterly dividend raised to $0.14 per share from $0.12, payable September 6, 2024, to holders of record August 9, 2024
St. Joe reported first quarter 2024 results with revenue up 20% to $87.8 million and net income attributable to the Company up 34% to $13.9 million, or $0.24 per share. The board also declared a quarterly dividend of $0.12 per share, payable June 13, 2024, to holders of record on May 15, 2024, while real estate revenue fell 7%.
Revenue rose 20% to $87.8 million; hospitality revenue rose 60% to $39.3 million
Net income attributable to the Company rose 34% to $13.9 million, or $0.24 per share, versus $10.4 million, or $0.18, a year earlier
Quarterly dividend of $0.12 per share payable June 13, 2024, to shareholders of record May 15, 2024
Total real estate revenue fell 7% to $34.2 million; 216 homesites sold at an average base price of about $117,000
St. Joe reported fourth-quarter and full-year 2023 results on February 21, 2024. Full-year revenue rose 54% to $389.2 million and net income attributable to the company rose 10% to $77.7 million, but fourth-quarter net income fell to $13.2 million from $28.1 million a year earlier. The board also declared a quarterly dividend of $0.12 per share.
Full-year 2023 revenue was $389.2 million, up from $252.3 million in 2022; net income attributable to the company was $77.7 million, or $1.33 per share, versus $70.9 million, or $1.21 per share.
Fourth-quarter 2023 revenue rose 41% to $86.7 million, but net income attributable to the company fell to $13.2 million, or $0.23 per share, from $28.1 million, or $0.48 per share.
The board declared a $0.12 per share cash dividend, payable March 27, 2024, to shareholders of record as of March 4, 2024.
Full-year 2022 net income included about $16.2 million after-tax gain on the Sea Sound Apartments sale and about $7.3 million after-tax gain on insurance recoveries.
St. Joe issued a press release on February 1, 2024 reporting record 2023 operating activity across its residential, hospitality and commercial segments. The release gives operating metrics only, with no revenue, profit or EPS figures, and says full fourth quarter and full year 2023 results will be released after the market close on February 21, 2024.
1,704 total sales of homes and homesites in 2023, the most in company history
Watersound Club membership rose by 713 members to 3,317 at year-end, a record increase
Commercial portfolio of 1,028,831 square feet under lease, about 95% occupancy, with 44 new leases signed
Full fourth quarter and 2023 financial results expected after market close on February 21, 2024
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every St. Joe filing is on SEC EDGAR ↗. 8-K briefs of other companies →