St. Joe Co (NYSE:JOE) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Zacks has also assigned St. Joe an industry rank of 179 out of 256 based on the ratings given to its competitors.
A number of analysts have weighed in on the stock. Zacks Investment Research raised shares of St. Joe from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research report on Monday, April 29th. TheStreet downgraded shares of St. Joe from a “b-” rating to a “c+” rating in a research report on Wednesday, May 29th.
JOE stock traded up $0.06 during midday trading on Tuesday, reaching $18.06. The company had a trading volume of 4,432 shares, compared to its average volume of 122,994. St. Joe has a 1 year low of $12.63 and a 1 year high of $19.65. The company has a market capitalization of $1.09 billion, a P/E ratio of 106.29 and a beta of 0.96. The company has a 50 day moving average of $17.89 and a two-hundred day moving average of $16.78.
Hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new position in St. Joe during the 4th quarter worth $6,506,000. Front Street Capital Management Inc. lifted its holdings in shares of St. Joe by 107.2% in the 2nd quarter. Front Street Capital Management Inc. now owns 779,510 shares of the financial services provider’s stock valued at $13,470,000 after buying an additional 403,385 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of St. Joe by 18.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,848,278 shares of the financial services provider’s stock valued at $24,342,000 after buying an additional 292,503 shares during the period. GMT Capital Corp acquired a new position in shares of St. Joe in the 1st quarter valued at about $3,238,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of St. Joe by 64.8% in the 2nd quarter. Renaissance Technologies LLC now owns 498,800 shares of the financial services provider’s stock valued at $8,619,000 after buying an additional 196,100 shares during the period. 93.65% of the stock is currently owned by institutional investors.
St. Joe Company Profile
The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida, the United States. It operates through four segments: Residential Real Estate, Hospitality, Commercial Leasing and Sales, and Forestry. The Residential Real Estate segment plans and develops residential communities of various sizes.
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