St. Joe Company (The) (NYSE:JOE) Announces $0.16 Quarterly Dividend

St. Joe Company (The) (NYSE:JOE) announced a quarterly dividend on Wednesday, February 25th. Investors of record on Monday, March 9th will be given a dividend of 0.16 per share by the financial services provider on Thursday, March 26th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, March 9th.

St. Joe Price Performance

Shares of St. Joe stock traded down $0.56 during trading hours on Thursday, reaching $68.36. The stock had a trading volume of 48,947 shares, compared to its average volume of 177,283. The stock’s 50 day moving average is $64.96 and its 200 day moving average is $57.49. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.75. St. Joe has a twelve month low of $40.19 and a twelve month high of $71.90. The firm has a market capitalization of $3.95 billion, a PE ratio of 37.97 and a beta of 1.34.

St. Joe (NYSE:JOE) last announced its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $0.52 earnings per share for the quarter. The firm had revenue of $128.89 million during the quarter. St. Joe had a return on equity of 13.96% and a net margin of 21.40%.

Analysts Set New Price Targets

JOE has been the topic of a number of recent analyst reports. Wall Street Zen upgraded St. Joe from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of St. Joe in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

St. Joe Company Profile

The St. Joe Company (NYSE: JOE) is a leading real estate development and asset management firm focused on Northwest Florida. Headquartered in Jacksonville, the company owns and manages approximately 171,000 acres of land across Bay, Gulf, Franklin and Walton counties. St. Joe’s core businesses include residential community development, commercial real estate, and hospitality, with an emphasis on master-planned neighborhoods, office and retail campuses, resort hotels and mixed-use town centers.

Founded in 1936 as a paper manufacturing company, St.