St. Joe (NYSE:JOE – Get Free Report) posted its earnings results on Wednesday. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $111.60 million during the quarter. St. Joe had a return on equity of 10.07% and a net margin of 18.32%.
St. Joe Stock Up 0.2 %
JOE traded up $0.10 on Friday, reaching $63.70. The company’s stock had a trading volume of 235,161 shares, compared to its average volume of 173,671. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 45.51 and a beta of 1.27. St. Joe has a 1 year low of $45.93 and a 1 year high of $65.99. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.33 and a quick ratio of 1.47. The business’s 50 day moving average is $56.19 and its 200 day moving average is $55.98.
St. Joe Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Friday, August 9th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, August 9th. This represents a $0.56 dividend on an annualized basis and a yield of 0.88%. This is an increase from St. Joe’s previous quarterly dividend of $0.12. St. Joe’s dividend payout ratio is currently 34.29%.
Insider Activity at St. Joe
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.
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