AMREP Corporation (AXR)

$11.02

+0.02 (+0.18%)
Rating:
Recommendation:
Buy
Symbol AXR
Price $11.02
Beta 0.782
Volume Avg. 0.01M
Market Cap 57.748M
Shares () -
52 Week Range 9.88-18.8
1y Target Est -
DCF Unlevered AXR DCF ->
DCF Levered AXR LDCF ->
ROE 10.60% Buy
ROA 9.30% Neutral
Operating Margin -
Debt / Equity 10.42% Neutral
P/E 8.61 Strong Buy
P/B 0.85 Buy
Annual
Quarter

Earnings

Consensus EPS

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Latest AXR news


Mr. Christopher Vitale
Real Estate
Real Estate—Development
New York Stock Exchange

AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. It operates through two segments, Land Development and Homebuilding. The company sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. As of July 1, 2021, it owned approximately 18,000 acres in Rio Rancho, New Mexico. The company owns tracts of land in Colorado, including 1 property of approximately 160 acres planned for approximately 410 homes. It also owns subsurface oil, gas, and mineral interests covering an area of approximately 55,000 surface acres of land located in Rio Rancho. Additionally, the company focuses on developing single-family detached homes and attached townhomes. AMREP Corporation was incorporated in 1961 and is headquartered in Havertown, Pennsylvania.