AMREP Corp
AXR
Market cap $171M

32.40 USD

-0.90

2.70%

At close Nov 15, 4:00 PM EST

1 day

-2.70%

5 days

2.66%

1 month

11.11%

3 months

39.53%

6 months

53.41%

Year to date

47.27%

1 year

107.29%

5 years

459.59%

10 years

701.98%

About: Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.

Employees: 28

Real Estate Land Subdividers & Developers, Except Cemeteries

0

Funds holding %

of 6,704 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

67% more capital invested

Capital invested by funds: $39.3M [Q2] → $65.5M (+$26.2M) [Q3]

25% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 8

21% more funds holding

Funds holding: 29 [Q2] → 35 (+6) [Q3]

2.4% more ownership

Funds ownership: 39.47% [Q2] → 41.87% (+2.4%) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for AXR.

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

2 Small Caps: Should You Bet the "House"?

HOV and AXR are two housing plays approaching different geographical markets.

2 Small Caps: Should You Bet the "House"?

AXR Experiences Stock Surge Amidst Real Estate Sector Volatility

Amrep Corp (AXR, Financial), a player in the real estate sector, witnessed a significant stock movement with a 5.23% rise in share price. The stock reached $29.99 per share with a trading volume of 14,994 shares and a turnover rate of 0.28%.

AXR Experiences Stock Surge Amidst Real Estate Sector Volatility

AMREP Corporation's Assets Are Perfectly Placed To Benefit From Future Rate Cuts

AMREP offers an enormous amount of value at a very cheap price, while concurrently having better safety nets than most other businesses, real estate, or otherwise. The company has demonstrated consistent revenue growth and profitability, making it a compelling investment opportunity. AMREP's owns over 16,000 acres of property just outside of Albuquerque, New Mexico.

AMREP Corporation's Assets Are Perfectly Placed To Benefit From Future Rate Cuts

Zacks Investment Research

AXR Stock Flat Despite Q1 Earnings Surge, Improvement in Revenues

AMREP's overall top line benefits from growth in all the revenue sources.

AXR Stock Flat Despite Q1 Earnings Surge, Improvement in Revenues

AMREP Reports First Quarter Fiscal 2025 Results

HAVERTOWN, Pa., Sept. 13, 2024 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $4,064,000, or $0.76 per diluted share, for its 2025 fiscal first quarter ended July 31, 2024 compared to net income of $1,346,000, or $0.25 per diluted share, for the same period of the prior year. Revenues were $19,091,000 for the first quarter of 2025 and $10,289,000 for the first quarter of 2024.

AMREP Reports First Quarter Fiscal 2025 Results

Zacks Investment Research

Zacks Initiates Coverage of AMREP With Neutral Recommendation

Discover why Zacks rates AMREP as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore AXR's strategic positioning and financial health amid market challenges.

Zacks Initiates Coverage of AMREP With Neutral Recommendation

Zacks Investment Research

AMREP (AXR) FY24 Earnings Decline, Revenues Record Improvement

AMREP's (AXR) overall top line benefits from revenue growth in the majority of the revenue sources.

AMREP (AXR) FY24 Earnings Decline, Revenues Record Improvement

AMREP Reports Fiscal 2024 Results

HAVERTOWN, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $6,690,000, or $1.25 per diluted share, for its 2024 fiscal year ended April 30, 2024 compared to net income of $21,790,000, or $4.11 per diluted share, for the same period of the prior year. Revenues were $51,369,000 for fiscal 2024 and $48,676,000 for fiscal 2023.

AMREP Reports Fiscal 2024 Results

Long-Term Growth Prospects On AMREP's Assets

AMREP Corporation owns a significant amount of land in Rio Rancho, New Mexico, positioning them to benefit from population growth in the area. The company has, to an extent, control over the rate at which subdivisions and building projects are developed, providing price protection. Rio Rancho is experiencing a growing population due to Albuquerque's very limited ability to expand.

Long-Term Growth Prospects On AMREP's Assets

AMREP Reports Third Quarter Fiscal 2024 Results

HAVERTOWN, Pa., March 08, 2024 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $92,000, or $0.02 per diluted share, for its 2024 fiscal third quarter ended January 31, 2024 compared to net income of $16,574,000, or $3.12 per diluted share, for the same period of the prior year. For the first nine months of 2024, AMREP had net income of $2,546,000, or $0.48 per diluted share, compared to net income of $22,107,000, or $4.17 per diluted share, for the same period of 2023. Revenues were $12,689,000 and $31,833,000 for the third quarter and first nine months of 2024 and $9,117,000 and $35,975,000 for the third quarter and first nine months of 2023.

AMREP Reports Third Quarter Fiscal 2024 Results

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