AMREP logo

AMREPNYSE: AXR

Profile

Industry:

Development

Country:

United States

IPO:

03 May 1973

Next earnings report:

11 December 2024

Last dividends:

08 August 2007

Next dividends:

N/A
$158.09 M
-2%vs. 3y high
18%vs. sector
-70%vs. 3y high
26%vs. sector
-10%vs. 3y high
52%vs. sector
-11%vs. 3y high
35%vs. sector

Price

after hours | Wed, 30 Oct 2024 20:08:01 GMT
$29.90+$0.35(+1.18%)

Dividend

No data over the past 3 years
$19.09 M$4.06 M

Analysts recommendations

Institutional Ownership

AXR Latest News

AMREP Corporation's Assets Are Perfectly Placed To Benefit From Future Rate Cuts
seekingalpha.com01 October 2024 Sentiment: POSITIVE

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.

AXR Stock Flat Despite Q1 Earnings Surge, Improvement in Revenues
zacks.com16 September 2024 Sentiment: POSITIVE

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

AMREP Reports First Quarter Fiscal 2025 Results
globenewswire.com13 September 2024 Sentiment: POSITIVE

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.

Zacks Initiates Coverage of AMREP With Neutral Recommendation
zacks.com29 July 2024 Sentiment: NEUTRAL

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.

AMREP (AXR) FY24 Earnings Decline, Revenues Record Improvement
zacks.com24 July 2024 Sentiment: POSITIVE

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

AMREP Reports Fiscal 2024 Results
globenewswire.com23 July 2024 Sentiment: NEUTRAL

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.

What type of business is AMREP?

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 roads for land development services, and construction of community amenities; and landscaping services to homebuilders. In addition, the company operates as a homebuilder; and sells single-family detached homes and attached homes. AMREP Corporation was founded in 1961 and is headquartered in Havertown, Pennsylvania.

What sector is AMREP in?

AMREP is in the Real Estate sector

What industry is AMREP in?

AMREP is in the Development industry

What country is AMREP from?

AMREP is headquartered in United States

When did AMREP go public?

AMREP initial public offering (IPO) was on 03 May 1973

What is AMREP website?

https://amrepcorp.com

Is AMREP in the S&P 500?

No, AMREP is not included in the S&P 500 index

Is AMREP in the NASDAQ 100?

No, AMREP is not included in the NASDAQ 100 index

Is AMREP in the Dow Jones?

No, AMREP is not included in the Dow Jones index

When was AMREP the previous earnings report?

No data

When does AMREP earnings report?

The next expected earnings date for AMREP is 11 December 2024