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Stock impact report

The St. Joe Company: The Strategy Is Just Starting To Play Out [Seeking Alpha]

St. Joe Company (The) (JOE) 
Last st. joe company (the) earnings: 10/31 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.joe.com
Company Research Source: Seeking Alpha
New strategies and investments by management several years ago are starting to come to fruition due to the slow-moving nature of real estate development. An emphasis on repeatable, scalable revenue from income-producing commercial properties is driving strong top-line growth which should result in increased profitability once mature. The St. Joe Company ( NYSE: JOE ), a real estate company located in Northwest Florida, has many secular trends in its favor over the next five to 10 years. Baby boomers are retiring, and many are looking to move South, which has caused a major migration to Florida . In addition, after climbing over the last two years, interest rates are expected to fall over the next 12 months, which should finally help sellers in the Northeast and Midwest attract buyers to further propel this migration. St. Joe has several real estate communities under development, both on its own and with its joint venture partners, and it is in the perfect position to capitalize o Show less Read more
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