St. Joe Company (The) (JOE) Receiving Somewhat Favorable News Coverage, Analysis Shows
Press coverage about St. Joe Company (The) (NYSE:JOE) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. St. Joe Company (The) earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.2526027407986 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- 34-year-old man arrested in death of St. Joseph woman (chron.com)
- Triumph Foods plans to expand St. Joseph, Mo., plant (nationalhogfarmer.com)
- Joe Alexander of The Martin Agency – making advertising great (richmond.com)
- St. Joseph Hospital bribery, kickback trial set; 1 key employee pleaded guilty (kentucky.com)
- Miller To Serve As Associate Director Of Men’s Basketball At St. Joe’s (courant.com)
Shares of St. Joe Company (JOE) traded up 1.05% during mid-day trading on Thursday, reaching $19.30. The company had a trading volume of 251,367 shares. The stock has a market capitalization of $1.36 billion, a P/E ratio of 69.18 and a beta of 0.87. St. Joe Company has a one year low of $16.30 and a one year high of $21.90. The firm has a 50 day moving average of $18.70 and a 200-day moving average of $18.09.
St. Joe Company (The) (NYSE:JOE) last announced its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.11. St. Joe Company (The) had a return on equity of 3.08% and a net margin of 23.02%. The business had revenue of $30.40 million for the quarter. Analysts forecast that St. Joe Company will post $0.25 EPS for the current fiscal year.
St. Joe Company (The) announced that its board has approved a share repurchase program on Thursday, September 21st that permits the company to repurchase $66.00 million in outstanding shares. This repurchase authorization permits the financial services provider to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.
A number of analysts recently issued reports on the company. BidaskClub cut St. Joe Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Zacks Investment Research raised St. Joe Company (The) from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Friday, July 14th.
About St. Joe Company (The)
The St. Joe Company is a real estate development, asset management and operating company. The Company operates through five segments: residential real estate; commercial real estate; resorts and leisure; leasing operations, and forestry. Its residential real estate segment plans and develops primary residential and resort residential communities of various sizes on its existing land.
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