AMREP Corporation·Real Estate

AMREP Corporation purchased a large chunk of land in Sandoval County, New Mexico, in the 1960s and early 70s. To generate the bulk of its revenue, AXR develops this land and sells it to homebuilders and property developers in the Sandoval County area. AXR's shares are already cheap relative to book value.

AMREP and Transcontinental Realty face different models, footprints and valuations, but which real estate stock looks better positioned right now? Let's dive in.

AMREP Corporation (NYSE: AXR - Get Free Report) major shareholder James Dahl acquired 1,000 shares of the company's stock in a transaction dated Friday, April 17th. The shares were bought at an average price of $27.66 per share, for a total transaction of $27,660.00. Following the acquisition, the insider owned 477,458 shares in the company, valued

AMREP Corporation (NYSE: AXR - Get Free Report) major shareholder James Dahl acquired 1,519 shares of the company's stock in a transaction that occurred on Monday, April 20th. The stock was purchased at an average cost of $27.25 per share, with a total value of $41,392.75. Following the acquisition, the insider directly owned 478,977 shares of

Grow Capital (OTCMKTS:GRWC - Get Free Report) and AMREP (NYSE: AXR - Get Free Report) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, analyst recommendations, profitability, dividends, earnings, risk and institutional ownership. Institutional and Insider Ownership 59.9% of AMREP shares

AMREP Corporation (NYSE: AXR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $22.68 and traded as high as $28.57. AMREP shares last traded at $27.9950, with a volume of 20,487 shares changing hands. Analyst Upgrades and Downgrades Separately, Weiss
AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company 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, 2022, it owned approximately 17,000 acres in Sandoval County, New Mexico. The company owns an approximately 160-acre property in Brighton, Colorado. It also owns mineral interests covering an area of approximately 55,000 surface acres of land in Sandoval County, New Mexico; and owns oil, gas, and minerals and mineral interests covering an area of approximately 147 surface acres of land in Brighton, Colorado. Additionally, the company focuses on selling single-family detached homes and attached homes. AMREP Corporation was founded in 1961 and is headquartered in Havertown, Pennsylvania.
Real Estate
Real Estate - Development
42
1973-05-03
1.15