AMREP Corporation (AXR)

In the third quarter of fiscal year 2026, AMREP reported a net income increase to $3,147,000, or $0.58 per diluted share, with revenues increasing to $14,573,000. The second quarter of fiscal year 2026 saw a decline in revenues and net income due to reduced land sale revenues, with total revenues decreasing to $9.4 million. The first quarter of fiscal year 2026 results were also reported. James H. Dahl, a 10% owner, purchased 3,200 common shares. As of March 27, 2026, AMREP's stock price was $25.900, with the stock trading between $29.00 and $17.60 over the last year and up 37.77% year-to-date.

AMREP Corporation Common Stock exhibits seasonal patterns, with December being the strongest month historically, averaging an 8.61% return, and October being the weakest, averaging a -1.19% return. The stock has an average annual return of 23.03%, but past performance does not guarantee future results, as demand is subject to economic conditions.

AMREP Corporation is a real estate development company operating in the Real Estate sector. Its core business includes land sales and lease activities, involving the sale of developed and undeveloped lots. The company is also involved in homebuilding and holds subsurface oil, gas, and mineral interests, with the majority of its revenue coming from the Land Development segment.

AMREP Corp. primarily operates in the United States, owning a significant amount of land in Rio Rancho, New Mexico. It previously owned property in Brighton, Colorado, which was sold in 2024. The company's real estate segment focuses on acquiring, developing, and marketing residential lots in planned communities across New Mexico and Colorado.

Direct information on AMREP Corp.'s brand reputation is not explicitly available. The company's financial performance, including a gross profit margin of 39% and an operating margin of 24% in fiscal 2025, can indirectly influence its reputation. Operational challenges, such as elevated costs and delays, and analyst sentiment, with a consensus rating of "Hold", also play a role.

AMREP Corporation has 54 institutional owners and shareholders holding 2,297,861 shares, including Robotti Robert and Dimensional Fund Advisors Lp. Nick G. Karabots is the largest individual shareholder, owning 44.89% of the company. Other major insider owners include Gate City Capital Management LLC and Albert Russo. Four of the company's shareholders beneficially owned approximately 59% of the outstanding common stock as of July 19, 2024.