Professional
Added to YB: 2026-05-19
Pitch date: 2026-04-22
JOE [neutral]
The St. Joe Company
-5.88%
current return
Author Info
Praetorian Capital is a hedge fund managed by Harris “Kuppy” Kupperman dedicated to seeking non-correlated, asymmetric and absolute returns. Sign up for the newsletter.
Company Info
The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in the United States.
Market Cap
$3.6B
Pitch Price
$68.35
Price Target
N/A
Dividend
1.01%
EV/EBITDA
18.77
P/E
32.89
EV/Sales
7.88
Sector
Real Estate Management and Development
Category
growth
Praetorian Capital Portfolio Holding: The St. Joe Company
JOE (holding update): Owns ~165k acres in FL Panhandle. Population hit critical mass, attracting wealthy refugees fleeing high-tax cities. Rapid revenue growth expected, earnings growing faster. Trades at attractive AFFO multiple w/ substantial asset value free. High ROIC. Land appreciates in inflation. Urban chaos & tax increases = catalysts.
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