Somewhat Favorable News Coverage Somewhat Unlikely to Impact St. Joe Company (The) (JOE) Stock Price
News articles about St. Joe Company (The) (NYSE:JOE) have trended somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. St. Joe Company (The) earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 47.5436450077148 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Joe Buck joins St. Louis’ bid for Amazon HQ (ksdk.com)
- St. Joseph fire sparks lawsuit against Kemper Arena developer Foutch Brothers (kansascity.com)
- 2016 St. Joseph fire prompts fraud claim (newspressnow.com)
- St. Joseph’s Jordan Davis voted GMC Football Player of Week (mycentraljersey.com)
- Illuminated crosses on St. Joseph Pierce Elevated building might go dark (click2houston.com)
Several equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of St. Joe Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. BidaskClub raised shares of St. Joe Company (The) from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 22nd.
St. Joe Company (NYSE:JOE) traded up 0.52% during midday trading on Wednesday, reaching $19.30. 100,125 shares of the company’s stock were exchanged. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 69.18 and a beta of 0.87. St. Joe Company has a 12-month low of $16.30 and a 12-month high of $21.90. The stock’s 50-day moving average is $18.71 and its 200-day moving average is $18.16.
St. Joe Company (The) (NYSE:JOE) last posted its earnings results on Thursday, August 3rd. The financial services provider reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.11. St. Joe Company (The) had a net margin of 23.02% and a return on equity of 3.08%. The company had revenue of $30.40 million during the quarter. On average, equities analysts forecast that St. Joe Company will post $0.25 earnings per share for the current year.
St. Joe Company (The) declared that its Board of Directors has initiated a share buyback plan on Thursday, September 21st that authorizes the company to buyback $66.00 million in outstanding shares. This buyback authorization authorizes the financial services provider to buy up to 5.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.
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St. Joe Company (The) Company Profile
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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