AXR Grows Revenue by 6%, But Net Income Drops—Fiscal 2026 Earnings Reveal Margin Pressure
Market Chameleon (Mon, 27-Jul 7:20 AM ET)
AMREP Reports Fiscal 2026 Results
Globe Newswire (Fri, 24-Jul 4:35 PM ET)
Amrep Corp is engaged in real estate business. The company develops both residential lots and sites for commercial and industrial use as demand warrants. It offers for sale both developed and undeveloped real property to its internal homebuilder as well as national, regional, and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the company include land and site planning, obtaining governmental and environmental approvals, installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. It also provides landscaping services to homebuilders. It operates in two business segments: land development and homebuilding.
Amrep trades on the NYSE stock market under the symbol AXR.
As of August 25, 2026, AXR stock price climbed to $23.00 with 3,760 million shares trading.
AXR has a market cap of $122.04 million. This is considered a Micro Cap stock.
Last quarter Amrep reported $11 million in Revenue and $.23 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.20.
In the last 3 years, AXR traded as high as $39.68 and as low as $15.38.
The top ETF exchange traded funds that AXR belongs to (by Net Assets): VTI, DFMC, BSVO, VXF, DFAT.
AXR has underperformed the market in the last year with a return of +2.8%, while the SPY ETF gained +19.9%. In the last 3 month period, AXR fell short of the market, returning -11.6%, while SPY returned +3.0%. However, in the most recent 2 weeks AXR has outperformed the stock market by returning +5.6%, while SPY returned -0.9%.
AXR support price is $22.23 and resistance is $23.67 (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.
