AMREP (AXR) Stock Price, News & Analysis

Company Overview

AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company operates through two segments, Land Development and Homebuilding. It sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. In addition, the company owns mineral interests covering an area of approximately 55,000 surface acres of land in Sandoval County, New Mexico; and owns oil, gas, and minerals and mineral interests covering an area of approximately 147 surface acres of land in Brighton, Colorado. Further, the company focuses on selling single-family detached homes and attached homes. As of April 30, 2023, it owned approximately 17,000 acres in Sandoval County, New Mexico. The company owns an approximately 160-acre property in Brighton, Colorado. AMREP Corporation was founded in 1961 and is headquartered in Havertown, Pennsylvania.

Key Stats

• Today's Range: $36.19 to $38.11
• 50-Day Range: $22.00 to $38.17
• 52-Week Range: $15.88 to $39.02
• Volume: 10,614 shs
• Average Volume: 14,357 shs
• Market Capitalization: $196.68 million
• P/E Ratio: 21.14
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

AMREP Stock Analysis - MarketRank™

AMREP scored higher than 71% of companies evaluated by MarketBeat, and ranked 375th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for AMREP.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of AMREP is 21.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of AMREP is 21.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.77.

Price to Book Value per Share Ratio

AMREP has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.82% of the float of AMREP has been sold short.

Short Interest Ratio / Days to Cover

AMREP has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AMREP has recently decreased by 6.17%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AMREP does not currently pay a dividend.

Dividend Growth

AMREP does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.82% of the float of AMREP has been sold short.

Short Interest Ratio / Days to Cover

AMREP has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AMREP has recently decreased by 6.17%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.46

News Sentiment

AMREP has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for AMREP this week, compared to 2 articles on an average week.

Search Interest

2 people have searched for AXR on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added AMREP to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, AMREP insiders have bought more of their company's stock than they have sold. Specifically, they have bought $298,160.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

37.60% of the stock of AMREP is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

59.85% of the stock of AMREP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AXR Stock Analysis - Frequently Asked Questions

How have AXR shares performed this year?

AMREP's stock was trading at $21.97 at the beginning of 2024. Since then, AXR stock has increased by 69.3% and is now trading at $37.20.
View the best growth stocks for 2024 here.

How were AMREP's earnings last quarter?

AMREP Co. (NYSE:AXR) released its quarterly earnings results on Friday, September, 13th. The business services provider reported $0.76 earnings per share (EPS) for the quarter. The business services provider earned $19.09 million during the quarter. AMREP had a trailing twelve-month return on equity of 8.05% and a net margin of 15.64%.

Who are AMREP's major shareholders?

Top institutional investors of AMREP include Cerity Partners LLC (5.09%), Empowered Funds LLC (0.81%), Geode Capital Management LLC (0.58%) and State Street Corp (0.14%). Insiders that own company stock include James H Dahl, Edward B Cloues II, Adrienne Uleau and Nick G Karabots.
View institutional ownership trends.

How do I buy shares of AMREP?

Shares of AXR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AMREP own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AMREP investors own include Axcelis Technologies (ACLS), ASML (ASML), UFP Technologies (UFPT), Copart (CPRT), inTEST (INTT), NVIDIA (NVDA) and Oracle (ORCL).

Company Calendar

• Last Earnings: 9/13/2024
• Today: 11/23/2024
• Next Earnings (Estimated): 12/09/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Subdividers & developers, not elsewhere classified
• Sub-Industry: Real Estate
• Current Symbol: NYSE:AXR
• CUSIP: N/A
• CIK: 6207
• Web: www.amrepcorp.com
• Phone: (610) 487-0905
• Fax: 609-716-8255
• Employees: 20
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.76
• Trailing P/E Ratio: 21.14
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $6.69 million
• Net Margins: 15.64%
• Pretax Margin: 19.32%
• Return on Equity: 8.05%
• Return on Assets: 7.73%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 9.14
• Quick Ratio: 9.14

Sales & Book Value

• Annual Sales: $60.17 million
• Price / Sales: 3.27
• Cash Flow: $1.32 per share
• Price / Cash Flow: 28.19
• Book Value: $22.40 per share
• Price / Book: 1.66

Miscellaneous

• Outstanding Shares: 5,287,000
• Free Float: 3,299,000
• Market Cap: $196.68 million
• Optionable: Not Optionable
• Beta: 0.89