Stock events for AMREP Corp. (AXR)
AMREP Corp. stock has experienced a 31.92% increase in the last six months. As of April 9, 2026, the share price was $27.84, a 43.58% increase from the previous year. Recent earnings reports show third-quarter fiscal 2026 net income of $3,147,000, or $0.58 per diluted share, exceeding estimates. The stock price moved over -5.57% on April 15, 2026, and trading volume exceeded the daily average by +23.07% on April 14, 2026. Analyst ratings have varied, with Wall Street Zen upgrading AMREP to a "buy" rating and Freedom Capital lowering it to a "hold", resulting in a consensus "Hold" rating. Insiders acquired 42,026 shares worth approximately $1.07 million in the 90 days leading up to May 2, 2026.
Demand Seasonality affecting AMREP Corp.’s stock price
The provided information does not explicitly detail demand seasonality for AMREP Corp.'s products and services. Demand is likely influenced by real estate market trends, interest rates, economic conditions, and seasonal factors related to construction and home-buying activity. Revenues, average selling prices, and gross margins from land and home sales can vary significantly due to the nature and timing of transactions.
Overview of AMREP Corp.’s business
AMREP Corporation is a real estate company focused on land development and homebuilding, operating in the Real Estate sector. Its products include developed and undeveloped real property sales to homebuilders and commercial developers, as well as single-family homes. Founded in 1961 and headquartered in Havertown, Pennsylvania, AMREP previously had a media services division but now focuses solely on real estate.
AXR’s Geographic footprint
AMREP Corp. operates throughout the United States, with a significant concentration of its business in New Mexico. It is a major landholder, developer, and homebuilder in Rio Rancho and Sandoval County, New Mexico, where it owns approximately 17,000 acres as of April 30, 2024, acquired between 1961 and 1971.
AXR Corporate Image Assessment
Specific details about AMREP Corp.'s brand reputation in the past year are not readily available. Historically, the company faced lawsuits due to aggressive sales tactics for land development in Rio Rancho, New Mexico, but there is no recent information suggesting similar issues.
Ownership
AMREP Corporation has a mixed ownership structure including institutional, retail, and individual investors. Insiders own approximately 42.67% of the stock. Institutional investors hold between 9.96% and 14.81% of the stock. Public companies and retail investors own around 42.53% of the stock. Major institutional owners include Robotti Robert, Dimensional Fund Advisors Lp, and Renaissance Technologies Llc. James Dahl owns the most shares among individual investors.
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$24.72