Shares of The St. Joe Co. (NYSE:JOE) have earned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.
Zacks has also assigned The St. Joe an industry rank of 227 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered The St. Joe from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th.
The St. Joe (NYSE:JOE) opened at 18.41 on Friday. The stock’s 50 day moving average is $18.85 and its 200-day moving average is $17.64. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 135.37 and a beta of 0.96. The St. Joe has a 12 month low of $14.27 and a 12 month high of $21.64.
The St. Joe (NYSE:JOE) last announced its earnings results on Wednesday, August 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.01. The St. Joe had a return on equity of 0.25% and a net margin of 10.94%. On average, equities research analysts expect that The St. Joe will post $0.12 earnings per share for the current year.
Several large investors have recently bought and sold shares of JOE. PNC Financial Services Group Inc. raised its stake in The St. Joe by 563.3% in the second quarter. PNC Financial Services Group Inc. now owns 5,724 shares of the company’s stock valued at $101,000 after buying an additional 4,861 shares in the last quarter. Teacher Retirement System of Texas raised its stake in The St. Joe by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 7,384 shares of the company’s stock valued at $131,000 after buying an additional 892 shares in the last quarter. A.R.T. Advisors LLC purchased a new stake in The St. Joe during the first quarter valued at about $182,000. Parametric Portfolio Associates LLC raised its stake in The St. Joe by 14.1% in the second quarter. Parametric Portfolio Associates LLC now owns 11,504 shares of the company’s stock valued at $204,000 after buying an additional 1,420 shares in the last quarter. Finally, Capital Fund Management S.A. purchased a new stake in The St. Joe during the second quarter valued at about $246,000. 95.02% of the stock is currently owned by institutional investors and hedge funds.
The St. Joe Company Profile
The St. Joe Company is a real estate development and operating company, asset management and operating company with real estate assets and operations concentrated primarily between Tallahassee and Destin, Florida. The Company has residential and commercial land-use entitlements in hand or in process.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for The St. Joe Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The St. Joe Co. and related companies with MarketBeat.com's FREE daily email newsletter.