Professional
Added to YB: 2025-08-14
Pitch date: 2025-08-07
JOE [bullish]
The St. Joe Company
+25.19%
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
$3.3B
Pitch Price
$50.18
Price Target
N/A
Dividend
1.12%
EV/EBITDA
17.94
P/E
31.77
EV/Sales
7.71
Sector
Real Estate Management and Development
Category
growth
The Praetorian Capital Fund Portfolio Holding: The St. Joe Company
JOE: Owns 167,000 acres in Florida Panhandle trading at fraction of liquidation value. Now hitting critical mass as attractive destination (beauty, zero state income tax, fewer urban problems). Growing revenue rapidly with earnings expanding faster, trading at attractive AFFO multiple with free asset value. Land appreciates in inflation; benefits from wealthy exodus from cities.
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