St. Joe Company (The) (NYSE:JOE – Get Free Report) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Friday, August 21st will be paid a dividend of 0.16 per share by the financial services provider on Friday, September 18th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st.
St. Joe has raised its dividend payment by an average of 0.5%annually over the last three years and has increased its dividend every year for the last 3 years.
St. Joe Price Performance
Shares of NYSE JOE opened at $63.14 on Friday. St. Joe has a twelve month low of $46.37 and a twelve month high of $73.54. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average of $63.17 and a two-hundred day moving average of $65.70. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 29.51 and a beta of 1.29.
Analysts Set New Price Targets
Separately, Weiss Ratings cut shares of St. Joe from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 22nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.
View Our Latest Stock Analysis on JOE
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.
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