JOE Stock Summary and Trading Ideas (St. Joe Company | NYSE:JOE)

The St. Joe Co is a real estate development, asset management, and operating company and it has three operating segments; the Residential segment plans and develops residential communities and sells homesites to homebuilders or retail consumers, the Hospitality segment features a private membership club (the Watersound Club), hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas, and other entertainment assets, and Commercial segment include leasing of commercial property, multi-family, senior living, self-storage, and other assets and it also oversees the planning, development, entitlement, management, and sale of commercial and rural land holdings.

St. Joe Company trades on the NYSE stock market under the symbol JOE.

As of April 26, 2024, JOE stock price climbed to $58.53 with 213,887 million shares trading.

JOE has a beta of 1.62, meaning it tends to be more sensitive to market movements. JOE has a correlation of 0.35 to the broad based SPY ETF.

JOE has a market cap of $3.42 billion. This is considered a Mid Cap stock.

In the last 3 years, JOE stock traded as high as $65.99 and as low as $31.11.

The top ETF exchange traded funds that JOE belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.

JOE has outperformed the market in the last year with a price return of +46.8% while the SPY ETF gained +26.8%. However, in the short term, JOE had mixed performance relative to the market. It has underperformed in the last 3 months, returning +3.7% vs +4.5% return in SPY. But in the last 2 weeks, JOE shares have fared better than the market returning +1.7% compared to SPY -1.9%.

JOE support price is $56.57 and resistance is $59.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JOE stock will trade within this expected range on the day.