Profile
Sector:
Real EstateIndustry:
DevelopmentCountry:
United StatesIPO:
03 May 1973Website:
http://amrepcorp.comNext earnings report:
11 December 2024Last dividends:
08 August 2007Next dividends:
N/APrice
regular market | Fri, 22 Nov 2024 21:00:02 GMTDividend
Analysts recommendations
Institutional Ownership
AXR Latest News
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's overall top line benefits from growth in all the revenue sources.
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.
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's (AXR) overall top line benefits from revenue growth in the majority of the revenue sources.
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