Free Historical Stock Data on The St. Joe Company
Stock Symbol: JOE
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The St. Joe Company is a real estate operating company and a private landowner in the State of Florida. The majority of its land is located in Northwest Florida. As of December 31, 2003, the Company owned approximately 850,000 acres. Its acreage includes hundreds of miles of frontage on the Gulf of Mexico, bays, rivers and waterways, with nearly 40 miles of Gulf of Mexico coastline, including five miles of beachfront. Approximately 387,000 acres of its land is within ten miles of the coast. The Company is engaged in community and resort development, commercial and industrial land sales and commercial real estate services. In addition, it also has interests in timber. Its four operating segments are Community Development, Commercial Real Estate Development and Services, Land Sales and Forestry.
For the nine months ended 9/30/04, revenues rose 25% to $660.2 million. Net income from continuing operations increased 22% to $57 million. Revenues reflect higher primary home sales due to low interest rates. Net income was partially offset by an increase in depreciation and amortization expenses.