St. Joe is a real estate development, asset management and operating company. Co.'s operations are reported in three segments: residential, which typically plans and develops residential communities of various sizes across a range of price points and sells homesites to homebuilders or retail consumers; hospitality, which features a private membership club, hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas and other entertainment assets; and commercial, which includes leasing of commercial property, multi-family, senior living, self-storage and other assets. We show 58 historical shares outstanding datapoints in our JOE shares outstanding history coverage, used to compute JOE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JOE market cap history over the course of time is important for investors
interested in comparing JOE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of JOE versus a peer is one thing; comparing
JOE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like JOE can fluctuate over the course of history.
With this page we aim to empower investors researching JOE by allowing them to research the JOE market cap history. |
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Video: The Importance of Market Cap
