When a company such as St. Joe splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the JOE split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into St. Joe shares, starting with a $10,000 purchase of JOE, presented on a split-history-adjusted basis factoring in the complete JOE split history.

About St. Joe

St. Joe is a real estate development, asset management and operating company. Co.'s operations are reported in three segments: residential, which typically plans and develops residential communities of various sizes across a range of price points and sells homesites to homebuilders or retail consumers; hospitality, which features a private membership club, hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas and other entertainment assets; and commercial, which includes leasing of commercial property, multi-family, senior living, self-storage and other assets. According to our JOE split history records, St. Joe has had 1 split.

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