Professional
Added to YB: 2025-10-28
Pitch date: 2025-10-23
JOE [neutral]
The St. Joe Company
+24.39%
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
$50.50
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
value
The Praetorian Capital Fund Portfolio Holding: The St. Joe Company
JOE (holding update): Owns 167k acres in Florida Panhandle, traded below liquidation value for years but population hitting critical mass creating growth catalyst. Revenue growing rapidly, earnings faster. Attractive AFFO multiple with substantial free asset value. Land appreciates during inflation, positioned for wealthy urban exodus trend.
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