AMREP Corporation, a small-cap real estate company, has a solid long-term growth record and outperformed the S&P 500 over 1, 5, and 10 years. Despite current economic challenges, including high inflation and mortgage rates, AMREP's fiscal 2025 performance has been strong, with significant revenue and earnings growth. AMREP's rock-solid balance sheet, with no long-term debt and substantial net cash, enhances its resilience and attractiveness, especially given its cheap valuation.
AMREP posts strong revenue growth in second-quarter fiscal 2025, driven by strong land and home sales, but rising costs and market challenges weigh on the outlook.
HOV and AXR are two housing plays approaching different geographical markets.
![]() AXR 8 Aug 2007 Paid | Other | $1 Per Share |
![]() AXR 27 Jul 2006 Paid | Other | $0.85 Per Share |
![]() AXR 15 Dec 2005 Paid | Other | $3.5 Per Share |
![]() AXR 22 Jul 2005 Paid | Other | $0.55 Per Share |
![]() AXR 23 Jul 2004 Paid | Other | $0.4 Per Share |
6 Mar 2025 Date | | - Cons. EPS | 0.13 EPS |
9 Dec 2024 Date | | - Cons. EPS | - EPS |
13 Sep 2024 Date | | - Cons. EPS | 0.76 EPS |
11 Sep 2024 Date | | - Cons. EPS | - EPS |
6 Sep 2024 Date | | - Cons. EPS | - EPS |
![]() AXR 8 Aug 2007 Paid | Other | $1 Per Share |
![]() AXR 27 Jul 2006 Paid | Other | $0.85 Per Share |
![]() AXR 15 Dec 2005 Paid | Other | $3.5 Per Share |
![]() AXR 22 Jul 2005 Paid | Other | $0.55 Per Share |
![]() AXR 23 Jul 2004 Paid | Other | $0.4 Per Share |
6 Mar 2025 Date | | - Cons. EPS | 0.13 EPS |
9 Dec 2024 Date | | - Cons. EPS | - EPS |
13 Sep 2024 Date | | - Cons. EPS | 0.76 EPS |
11 Sep 2024 Date | | - Cons. EPS | - EPS |
6 Sep 2024 Date | | - Cons. EPS | - EPS |
Real Estate - Development Industry | Real Estate Sector | Christopher V. Vitale CEO | NYSE Exchange | 032159105 Cusip |
US Country | 42 Employees | - Last Dividend | 2 Dec 1986 Last Split | - IPO Date |
AMREP Corporation is a diversified real estate company operating in the United States, primarily focused on land development and homebuilding. Founded in 1961, the company has established its headquarters in Havertown, Pennsylvania. Its operations are structured into two main segments: Land Development and Homebuilding. By efficiently navigating the complexities of the real estate and construction sectors, AMREP Corporation has managed to create a niche for itself, catering to the needs of homebuilders, commercial, and industrial property developers, as well as individual homebuyers.
This segment involves the marketing and selling of both developed and undeveloped lots to a wide range of clients, including homebuilders and commercial or industrial property developers. The process is facilitated through brokers and encompasses a comprehensive suite of services designed to prepare land for construction. These services include land and site planning, securing governmental and environmental approvals, and the installation of essential infrastructure such as utilities, storm drains, and water services. Additionally, AMREP ensures the construction of roads and community amenities, further enhancing the value and appeal of the developed lands.
Under this segment, AMREP operates as a homebuilder, specializing in the construction of single-family detached homes and attached homes. This branch of the company takes the developed lands a step further by constructing well-designed residential units that cater to the preferences and requirements of modern homebuyers. The homebuilding process is characterized by attention to detail in every aspect of construction, from architectural design to the final landscaping touches, ensuring that each home not only meets but exceeds industry standards.
As part of its comprehensive approach to real estate development, AMREP also offers landscaping services to homebuilders. This ensures that new constructions are complemented with aesthetically pleasing and environmentally sound landscapes. These services are aimed at enhancing the visual appeal of residential areas, contributing to the creation of vibrant communities that homeowners are proud to be part of.