Weekly Recap: Q3 results and Latitude Margaritaville home growth

St. Joe Company (NYSE:JOE) paired a 16% increase in operating income and a 13% dividend hike with expanding housing demand, including 24% sales growth and 3,500 planned homes at Latitude Margaritaville Watersound; its planned marina is nearing construction, pending final federal approval.

Previous Week Recap

• Q3 Results And Dividend Increase: St. Joe (JOE) posted Q3 revenue of $156.2 million, down 3% year over year, and earnings of $0.65 per share. Operating income rose 16%; the dividend increased 13% to $0.18.
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• Latitude Margaritaville Watersound Expansion: St. Joe (JOE) expanded Latitude Margaritaville Watersound by 3,500 planned homes. Home sales rose 24% in the first nine months of 2026, with 222 homes under contract at September-end, up from 149.
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• Marina Awaits Final Federal Approval: St. Joe Company (JOE) completed some grading for its planned Intracoastal Waterway marina and obtained most of the required permits. Construction is awaiting one final federal approval.
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