St. Joe Downgraded by Raymond James to Market Perform (JOE)
St. Joe (NYSE:JOE) was downgraded by stock analysts at Raymond James from an “outperform” rating to a “market perform” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
Shares of St. Joe (NYSE:JOE) opened at 22.85 on Tuesday. St. Joe has a 52-week low of $16.82 and a 52-week high of $26.64. The stock has a 50-day moving average of $23.59 and a 200-day moving average of $21.08. The company has a market cap of $2.109 billion and a P/E ratio of 4.85.
St. Joe (NYSE:JOE) last released its earnings data on Thursday, August 7th. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.01 by $0.15. On average, analysts predict that St. Joe will post $-0.02 earnings per share for the current fiscal year.
The St. Joe Company owns land, timber and resort assets located primarily in Northwest Florida, Jacksonville, Florida and Tallahassee, Florida.
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