AMREP CorpAXR
About: Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve obtaining approvals and selling both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. The Company accounts for land sales, home sales, and other revenues. 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: 42
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]
Research analyst outlook
We haven’t received any recent analyst ratings for AXR.
Financial journalist opinion
