The St. Joe Company

https://www.joe.com

The St. Joe Company is a Florida-based real estate development, asset management, and operating company, primarily focused on land development in Northwest Florida. Headquartered in Panama City Beach, Florida, the company's mission involves creating long-term value for shareholders by developing resort and residential communities and fostering economic growth in the region. It leverages its extensive land holdings to create integrated master-planned communities and promote regional development.

The company operates through three main segments: Residential, Hospitality, and Commercial. The Residential segment plans and develops large-scale, mixed-use communities, selling homesites to builders and retail customers. Its Hospitality segment owns and operates a diverse portfolio of assets, including hotels, resorts, a private membership club, golf courses, beach clubs, and marinas. The Commercial segment manages and leases various commercial properties, such as retail, multi-family, senior living, office, and industrial spaces, and also engages in rural land sales.

Under the leadership of President, CEO, and Chairman Jorge Gonzalez, The St. Joe Company maintains a significant market position as a major real estate developer and landowner in Northwest Florida. In the first quarter of 2026, the company reported a 5% year-over-year revenue increase to $99.1 million, driven by strong performance in its hospitality and real estate segments, despite a 21% decline in net income due to lower equity income from joint ventures. Recent achievements include Hotel Indigo Panama City Marina receiving IHG's Torchbearer Award and Camp Creek Inn earning a Four-Star rating from Forbes Travel Guide. The company also continues to expand its homesite contracts, with 3,204 homesites under contract as of March 31, 2026.

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CID: 3485