AMREP Corporation (AXR)
| Market Cap | 195.56M |
| Revenue (ttm) | 60.17M |
| Net Income (ttm) | 9.41M |
| Shares Out | 5.26M |
| EPS (ttm) | 1.76 |
| PE Ratio | 21.14 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,614 |
| Open | 36.86 |
| Previous Close | 36.86 |
| Day's Range | 36.19 - 38.11 |
| 52-Week Range | 15.88 - 39.02 |
| Beta | 0.89 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Dec 9, 2024 |
About AXR
AMREP Corporation, through its subsidiaries, engages in the real estate business in the United States. It operates through two segments, Land Development and Homebuilding. The company markets and sells developed and undeveloped lots to homebuilders, commercial, and industrial property developers through brokers. It also offers various services comprising land and site planning, obtaining of governmental and environmental approvals, installation of utilities and storm drains, ensuring availability of water services, building or improving of road... [Read more]
Financial Performance
In 2024, AMREP's revenue was $51.37 million, an increase of 5.53% compared to the previous year's $48.68 million. Earnings were $6.69 million, a decrease of -69.30%.
Financial StatementsNews
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...
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 consist...
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, 20...
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 compar...
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 w...
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, 20...
AMREP Reports Second Quarter Fiscal 2024 Results
HAVERTOWN, Pa., Dec. 11, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,108,000, or $0.21 per diluted share, for its 2024 fiscal second quarter ended October 31,...
AMREP Reports First Quarter Fiscal 2024 Results
HAVERTOWN, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,346,000, or $0.25 per diluted share, for its 2024 fiscal first quarter ended July 31, 20...
AMREP Reports Fiscal 2023 Results
HAVERTOWN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $21,790,000, or $4.11 per diluted share, for its 2023 fiscal year ended April 30, 2023 compa...
AMREP Reports Third Quarter Fiscal 2023 Results
HAVERTOWN, Pa., March 13, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $16,574,000, or $3.12 per diluted share, for its 2023 fiscal third quarter ended January 31...
6 Deep Value Microcaps With Decent Trading Momentum
With the overall U.S. stock market struggling for direction, stock picking is now of paramount importance. Little-followed microcaps offer an area where bargains can be found.
AMREP Trading At Value Price Even If The Balance Sheet Is Ignored
AMR is a land developer and homebuilder in Rio Rancho. The company has massive assets in the city, which have been the topic of debate among deep value investors.
AMREP Reports Second Quarter Fiscal 2023 Results
HAVERTOWN, Pa., Dec. 12, 2022 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $3,621,000, or $0.68 per diluted share, for its 2023 fiscal second quarter ended October 31,...
AMREP Corporation: Share Price Declining But Margins And Balance Sheet Remain Strong
AMREP Corporation's share price has fallen with the market year to date, down more than 20%, but financials have improved since. The balance sheet continues to grow and remains robust, while sales are...
AMREP Reports First Quarter Fiscal 2023 Results
HAVERTOWN, Pa., Sept. 07, 2022 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,912,000, or $0.36 per diluted share, for its 2023 fiscal first quarter ended July 31, 20...
AMREP Reports Fiscal 2022 Results
HAVERTOWN, Pa., July 21, 2022 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $15,862,000, or $2.21 per diluted share, for its 2022 fiscal year ended April 30, 2022 compa...
AMREP Reports Third Quarter Fiscal 2022 Results
HAVERTOWN, Penn., March 10, 2022 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $910,000, or $0.12 per diluted share, for its 2022 fiscal third quarter ended January 31,...
AMREP Reports Second Quarter Fiscal 2022 Results
HAVERTOWN, Pa., Dec. 08, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $3,326,000, or $0.45 per diluted share, for its 2022 fiscal second quarter ended October 31,...
AMREP Reports First Quarter Fiscal 2022 Results
HAVERTOWN, Pa., Sept. 14, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,637,000, or $0.22 per diluted share, for its 2022 fiscal first quarter ended July 31, 20...
AMREP Reports Fiscal 2021 Results
PLYMOUTH MEETING, Pa., July 27, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported net income of $7,392,000, or $0.95 per diluted share, for its 2021 fiscal year ended April 30, 202...
AMREP ANNOUNCES APPOINTMENT OF CHRISTOPHER VITALE AS A DIRECTOR
PLYMOUTH MEETING, Pa., July 13, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today announced that Christopher V. Vitale has been appointed as a director of AMREP. Mr. Vitale is AMREP's Chief...
AMREP Reports Third Quarter Fiscal 2021 Results
PLYMOUTH MEETING, Pa., March 11, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $2,093,000, or $0.29 per share, for its 2021 fiscal third quarter ended January 31, ...
AMREP Reports Second Quarter Fiscal 2021 Results
PLYMOUTH MEETING, Pa., Dec. 08, 2020 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported net income of $798,000, or $0.10 per share, for its 2021 fiscal second quarter ended October 31, 2...
AMREP: Over 90% Upside With $24 Million In Hidden Assets Held For Sale And New Homebuilding Unit
AMREP is a major land owner in the city of Rio Rancho, New Mexico, owning over 18,000 acres of land with a book value of $60 million. AMREP recently launched a homebuilding subsidiary which will help ...
Why Gate City Capital Believes Amrep Is Undervalued
Gate City Capital is a value fund focused on micro-caps. They own ~18% of Amrep.