St. Joe (NYSE:JOE) Major Shareholder Bruce Berkowitz Sells 21,100 Shares of Stock

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 21,100 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $72.22, for a total transaction of $1,523,842.00. Following the completion of the sale, the insider directly owned 16,073,624 shares of the company’s stock, valued at $1,160,837,125.28. This represents a 0.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

St. Joe Stock Performance

Shares of NYSE:JOE traded down $0.24 on Thursday, reaching $68.93. 256,975 shares of the company’s stock were exchanged, compared to its average volume of 199,581. St. Joe Company has a twelve month low of $40.19 and a twelve month high of $73.54. The company has a fifty day moving average of $68.09 and a 200-day moving average of $59.61. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 34.46 and a beta of 1.30. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 0.73.

St. Joe (NYSE:JOE) last released its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $0.52 earnings per share for the quarter. The company had revenue of $128.89 million during the quarter. St. Joe had a net margin of 22.52% and a return on equity of 15.23%.

St. Joe Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 9th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.64 annualized dividend and a yield of 0.9%. St. Joe’s payout ratio is currently 32.00%.

Trending Headlines about St. Joe

Here are the key news stories impacting St. Joe this week:

• Positive Sentiment: Local marketing/brand tie-in — St. Joe’s partnered with Sterling Pig Brewery to create a Hawk Hill–themed beer, a community-level promotion that could boost local awareness of JOE hospitality/retail assets and drive modest incremental foot traffic to branded locations. St. Joe’s teams up with Sterling Pig Brewery
• Neutral Sentiment: Investor holdings update (may mention JOE) — Seeking Alpha’s Fairholme portfolio Q4 2025 update could influence sentiment if the piece reports notable position changes in JOE by activist/large investors, but the headline alone doesn’t confirm buys or sells. Monitor the full note for position detail. Tracking Bruce Berkowitz’s Fairholme Portfolio – Q4 2025 Update
• Neutral Sentiment: Multiple lifestyle and local-interest pieces covering St. Joseph’s Day (altars, celebrations, food traditions). These are national/local cultural stories that do not appear to materially affect JOE’s fundamentals or near-term guidance. Here’s where you can view a St. Joseph’s Altar
• Neutral Sentiment: Regional coverage listing St. Joseph’s Day altars and local celebrations (New Orleans, Old Metairie) — community interest, limited investor impact. List: St. Joseph’s Day altars 2026
• Neutral Sentiment: Background features on St. Joseph’s Day origins, recipes (zeppole), and how communities celebrate — cultural color, no clear JOE impact. Sweet Treats for a Saint
• Neutral Sentiment: Local governance and incident reporting for cities named St. Joseph (parking plan, swatting charge) — unrelated to The St. Joe Company’s operations; unlikely to move the stock. St. Joseph city commissioners approve scaled-back downtown parking plan

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on JOE shares. Wall Street Zen cut St. Joe from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of St. Joe in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Institutional Investors Weigh In On St. Joe

Large investors have recently modified their holdings of the business. Camelot Portfolios LLC bought a new position in shares of St. Joe in the 4th quarter valued at $30,000. Financial Consulate Inc. acquired a new stake in St. Joe in the third quarter valued at about $31,000. EverSource Wealth Advisors LLC grew its position in St. Joe by 155.7% in the second quarter. EverSource Wealth Advisors LLC now owns 652 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 397 shares during the last quarter. Kestra Advisory Services LLC bought a new position in St. Joe in the fourth quarter valued at about $32,000. Finally, Quarry LP acquired a new position in St. Joe during the third quarter worth about $39,000. Institutional investors and hedge funds own 86.67% of the company’s stock.

About St. Joe

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.