Shares of AMREP Corporation (AXR) have lost 6.8% since the company reported its earnings for the quarter ended Oct. 31, 2024, underperforming the S&P 500 Index’s 3.7% decline over the same period. Over the past month, AXR shares have plunged 9.1% compared with the 4.7% loss of the S&P 500, reflecting broader challenges in the company's operational environment.Revenue and Earnings GrowthAMREP reported total revenues of $11.9 million for the three months ended Oct. 31, 2024, a 34.5% year-over-year increase fr ...

HAVERTOWN, Pa., Dec. 13, 2024 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $4,042,000, or $0.75 per diluted share, for its 2025 fiscal second quarter ended October 31, 2024 compared to net income of $1,108,000, or $0.21 per diluted share, for the same period of the prior year. For the first six months of 2025, AMREP had net income of $8,106,000, or $1.51 per diluted share, compared to net income of $2,454,000, or $0.46 per diluted share, for the same period of 2024. Revenues ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 13, 2024 AMREP CORPORATION | --- | --- | |-----------------------------------------------------------------------------------------|---------------------------------------| | (Exact name of registrant as specified in its \nOklahoma 1-4702 | charter) \n59-0936128 | | | | | | | | (State ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 1-4702 AMREP Corporation (Exact Name of Registrant as Specified in its Charter) Oklahoma 59-093612 ...

The housing supply problem in the US is well-documented. And mortgage originations and refinancings have shown an acute sensitivity to the Fed funds rate. We believe the combination of this supply issue and possible falling rates could provide favorable catalysts for homebuilders, although the exact cadence of possible rate lowering by the Fed is unclear. Additionally, relative market location strength also plays a critical role in stock selection. Here we highlight two homebuilders with Zacks Outperform ra ...

I am placing a Strong Buy rating on the AMREP Corporation (NYSE: AXR ). While a strong buy is a rare rating that I have only given to two other stocks, I believe that AXR currently deserves this rating due mostlyA value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the compan ...

AMREP Corporation (AXR) delivered earnings per share of 76 cents for first-quarter fiscal 2025, indicating a 204% surge year over year.AMREP’s Revenues in DetailAMREP registered revenues of $19.1 million for first-quarter fiscal 2025, up 85.5% year over year.Solid revenues from its revenue sources boosted the top line.Shares of this company were flat in after-hours trading.AXR’s Segment DetailsAMREP derives revenues from three sources — Land sale revenues, Home sale revenues and Other revenues.For the fisca ...

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. More information about the Company’s financial performance may be found in AMREP Corporation’s financ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 13, 2024 AMREP CORPORATION | --- | --- | |-----------------------------------------------------------------------------------|-----------------------| | (Exact name of registrant as specified in its \nOklahoma 1-4702 | charter) \n59-0936128 | | (State or other jurisdiction of (Commiss ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 1-4702 AMREP Corporation (Exact Name of Registrant as Specified in its Charter) Oklahoma 59-0936128 S ...