The St. Joe Co. is a real estate development, asset management and operating company. Co. owns 168,000 acres of land in Northwest Florida. Its segments include residential, hospitality and commercial. Residential Segment develops communities into homesites for sale to homebuilders and on a limited basis to retail customers. Its projects include Watersound Origins West, Watersound Camp Creek, Breakfast Point East, Titus Park, Ward Creek, and others. Hospitality Segment owns a beach club, club amenities and three golf courses that are situated in or near its residential communities. It owns the WaterColor Inn, The Pearl Hotel, Camp Creek Inn, Hilton Garden Inn Panama City Airport, and others. We show 65 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
