AMREP Corporation
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $123.3M
- Price
- $23.25
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.75%
- Volume
- 13.0K
About
Established in 1961 and headquartered in Havertown, Pennsylvania, AMREP Corporation is primarily involved in the real estate industry, operating through its subsidiaries. The company's operations are divided into two main divisions: land development and home construction. It markets both raw and prepared land parcels to residential builders, commercial and industrial property developers, and other clients. By July 1, 2022, AMREP's land portfolio encompassed approximately 17,000 acres in Sandoval County, New Mexico, alongside a roughly 160-acre property in Brighton, Colorado. Furthermore, the corporation holds mineral rights spanning about 55,000 surface acres in Sandoval County, New Mexico, and possesses oil, gas, and mineral interests across approximately 147 surface acres in Brighton, Colorado. In addition to its land sales, AMREP focuses on building and selling single-family detached and attached residences.
Quick stats
Shares outstanding5.3M
Computed float2.4M
Float / shares45.7%
Key info
SectorReal Estate
IndustryReal Estate - Development
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000006207
Websitehttps://amrepcorp.com
AI Summary
AI-generated1/6
standardmixedearnings
AMREP Reports Fiscal 2026 Results
AMREP reported fiscal 2026 net income of $10.3 million, or $1.91 per diluted share, a decrease from the $12.7 million, or $2.37 per share, recorded in the prior year.
Revenues for the year ended April 30, 2026, rose to $52.8 million compared to $49.7 million in fiscal 2025.
Management noted that margins and selling prices can vary significantly by period depending on transaction timing and property location, suggesting prior results are not always indicative of future performance.
Red flags
- Net income and EPS declined ~19% YoY despite revenue growth
- Margins compressed significantly in the fiscal year