The St. Joe Company (NYSE:JOE – Get Free Report) shares were down 4.7% on Thursday . The company traded as low as $54.00 and last traded at $54.15. Approximately 120,279 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 172,962 shares. The stock had previously closed at $56.81.
St. Joe Stock Down 6.4 %
The company has a debt-to-equity ratio of 0.87, a current ratio of 1.33 and a quick ratio of 1.33. The stock’s 50 day simple moving average is $58.65 and its two-hundred day simple moving average is $57.54. The firm has a market cap of $3.11 billion, a P/E ratio of 43.61 and a beta of 1.26.
St. Joe (NYSE:JOE – Get Free Report) last released its earnings results on Wednesday, July 24th. The financial services provider reported $0.42 EPS for the quarter. The business had revenue of $111.60 million for the quarter. St. Joe had a return on equity of 10.07% and a net margin of 18.32%.
Insider Buying and Selling at St. Joe
Institutional Investors Weigh In On St. Joe
A number of hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its holdings in St. Joe by 263.6% in the first quarter. EverSource Wealth Advisors LLC now owns 589 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 427 shares during the period. Quest Partners LLC boosted its holdings in shares of St. Joe by 72,300.0% in the second quarter. Quest Partners LLC now owns 724 shares of the financial services provider’s stock worth $40,000 after buying an additional 723 shares during the last quarter. Blue Trust Inc. grew its position in St. Joe by 549.1% during the third quarter. Blue Trust Inc. now owns 727 shares of the financial services provider’s stock valued at $40,000 after buying an additional 615 shares during the period. nVerses Capital LLC increased its holdings in St. Joe by 100.0% during the second quarter. nVerses Capital LLC now owns 800 shares of the financial services provider’s stock valued at $44,000 after buying an additional 400 shares during the last quarter. Finally, Lowe Wealth Advisors LLC bought a new position in St. Joe in the second quarter worth approximately $63,000. 86.67% of the stock is currently owned by hedge funds and other institutional investors.
About St. Joe
The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers.
Read More
- Five stocks we like better than St. Joe
- What is the S&P 500 and How It is Distinct from Other Indexes
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- 3 Monster Growth Stocks to Buy Now
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- What is Insider Trading? What You Can Learn from Insider Trading
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for St. Joe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for St. Joe and related companies with MarketBeat.com's FREE daily email newsletter.