Yousif Capital Management LLC Divests from The St. Joe Company, Selling 1177 Shares
November 9, 2023
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The St. Joe ($NYSE:JOE) Company, a publicly traded real estate investment trust (REIT), has recently seen 1177 of its shares sold by Yousif Capital Management LLC. However, the stock remains a popular choice among short-term investors due to its low volatility and steady dividend yield. Despite the recent divestment, The St. Joe Company has demonstrated consistent growth and profitability for its investors over the years.
Price History
JOE) experienced a 1.2% increase in its stock, from a prior closing price of 48.7 to a closing price of 49.3. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for St. Joe. More…
| Total Revenues | Net Income | Net Margin |
| 364.17 | 92.66 | 23.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for St. Joe. More…
| Operations | Investing | Financing |
| 110.25 | -132.12 | 98.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for St. Joe. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.54k | 848.47 | 11.6 |
Key Ratios Snapshot
Some of the financial key ratios for St. Joe are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 37.7% | 32.5% | 40.7% |
| FCF Margin | ROE | ROA |
| -27.7% | 13.8% | 6.0% |
Analysis
GoodWhale has conducted an analysis of ST. JOE‘s wellbeing and have developed a Star Chart to help illustrate our findings. JOE is quite strong in growth, but medium in asset, dividend, and profitability. According to our classification system, ST. JOE is a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. As a result of this analysis, we believe that ST. JOE may be of interest to investors who are looking for high-growth opportunities with some level of risk. JOE may not be the most stable investment, its health score of 8/10 shows that it is capable of paying off debt and funding future operations. Therefore, investors with a higher tolerance for risk may want to consider ST. JOE as an investment option. More…
Peers
As of February 2021, it ranked #426 on the Fortune 500 list of the largest United States corporations by total revenue. The company’s main competitors are Rockwell Land Corp, Bresler & Reiner Inc, and Cebu Landmasters Inc.
– Rockwell Land Corp ($PSE:ROCK)
Rockwell Land Corp is a real estate company that develops, manages, and markets properties in the Philippines. As of 2022, the company had a market capitalization of 7.95 billion US dollars and a return on equity of 10.07%. The company was founded in 1976 and is headquartered in Makati, Philippines. Rockwell Land Corp is one of the largest real estate developers in the Philippines and is known for developing luxury residential and commercial properties.
– Bresler & Reiner Inc ($OTCPK:BRER)
Bresler & Reiner Inc is a company that provides services to the oil and gas industry. It has a market cap of 3.83 million as of 2022 and a return on equity of -3.56%. The company has been in business for over 50 years and has a strong reputation in the industry. It is headquartered in Houston, Texas.
– Cebu Landmasters Inc ($PSE:CLI)
Cebu Landmasters Inc is a publicly-listed company in the Philippines with a market capitalization of PHP 9.25 billion as of March 31, 2022. The company is engaged in the business of real estate development, marketing, and selling of horizontal and vertical residential, office, retail, and industrial projects. As of December 31, 2020, Cebu Landmasters Inc had total assets of PHP 50.6 billion and total equity of PHP 30.4 billion. The company’s ROE for 2020 was 22.0%.
Summary
Yousif Capital Management LLC recently sold 1177 shares of The St. Joe Company, an American real estate investment trust (REIT) that focuses on residential, commercial and mixed-use land development in Florida. The sale of the shares could signal a shift in investor sentiment regarding the stock. Despite these declines, analysts still remain bullish on the stock due to its strong operating results and potential long-term growth prospects.
The company has consistently increased its dividend payout each year, which is an attractive feature for investors. Other positives include a large asset base, a low debt-to-equity ratio, and the ability to capitalize on an attractive market in Florida.
