St. Joe launches 35 homesites and The St. Joe Company stock is valued at USD 3.8 billion

Published on 10/07/2026 at 00:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue hit USD 158.86 million, with earnings per share of USD 0.71. The St. Joe Company stock had EUR 58.60 prior close on October 5, 2026.

JOE, US7901481009, Illustration mit AI erstellt.

The St. Joe Company (ISIN US7901481009) announced the launch of 35 custom homesites in a new 81-home Watersound community on October 6, 2026, according to StockTitan. The St. Joe Company stock had a market capitalization of USD 3.8 billion as of October 6, 2026.

Watersound starts with 35 homesites

The Gallery, a gated Watersound community in Inlet Beach, Florida, will feature 81 homesites. The first release includes 35 homesites offered through a competitive bidding process, with early access on October 15 and public bidding on October 17, 2026, StockTitan reported. The 35-home initial release represents 43.21 percent of the planned 81 homesites.

The launch adds another residential offering to The St. Joe Company's Northwest Florida development pipeline. The release said the company was developing 13 active residential communities alongside The Gallery, creating a broader range of housing options across its portfolio, according to StockTitan.

Quarterly revenue provides a second signal

For the quarter reported on July 29, 2026, MarketBeat reported revenue of USD 158.86 million and earnings per share of USD 0.71. The operating backdrop therefore combines a new residential release with a reported quarterly revenue figure that is materially larger than the 35-home initial offering alone, although the homesite release is an operating milestone rather than reported revenue.

A master-data profile identifies The St. Joe Company as listed on the NYSE under ticker JOE and assigns ISIN US7901481009, according to Makkler. The company operates across residential, hospitality and commercial real estate in Northwest Florida, so the homesite launch fits its residential growth strategy.

Prior close sets the market reference

The prior close at Lang & Schwarz was EUR 58.60 on October 5, 2026. The same reference shows a USD 46.37 to USD 73.54 52-week range on the primary listing, while the latest market capitalization was USD 3.8 billion as of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of The St. Joe Company stock.