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AMREP Reports Third Quarter Fiscal 2026 Results
Globe Newswire (Thu, 12-Mar 4:30 PM ET)
Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve obtaining approvals and selling both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. The Company accounts for land sales, home sales, and other revenues. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.
Amrep trades on the NYSE stock market under the symbol AXR.
As of April 15, 2026, AXR stock price declined to $27.59 with 23,125 million shares trading.
AXR has a market cap of $146.39 million. This is considered a Micro Cap stock.
Last quarter Amrep reported $15 million in Revenue and $.58 earnings per share. This beat revenue expectation by $573,000 and exceeded earnings estimates by $.01.
In the last 3 years, AXR traded as high as $39.68 and as low as $13.46.
The top ETF exchange traded funds that AXR belongs to (by Net Assets): VTI, DFMC, BSVO, VXF, DFAT.
AXR has outperformed the market in the last year with a return of +31.9%, while the SPY ETF gained +31.2%. In the last 3 month period, AXR beat the market returning +26.9%, while SPY returned +1.6%. However, in the most recent 2 weeks AXR has underperformed the stock market by returning -1.9%, while SPY returned +7.6%.
AXR support price is $26.98 and resistance is $29.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AXR shares will trade within this expected range on the day.