Amrep Corp. (AXR)
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AXR Chart
AXR vs. FPH: Which Land Development Stock Is the Better Buy Now?
AMREP and Five Point face different models, footprints and valuations, but which land development stock looks better positioned right now? Let's dive in.
AMREP Corporation: A Focus On Downside Protection
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.
AXR vs. TCI: Which Real Estate Developer Stock Offers More Upside?
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 Corp. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DR Donna Rittershausen Koss-Olinger Consulting LLC | 15,779 | $316,368.95 | $404,729.77 | $88,360.82 | 27.93% |
| RG Robert Glass AlphaCentric Advisors LLC | 44,496 | $866,701.8 | $1.13M | $266,611.32 | 30.76% |
| PLC Peapod Lane Capital LLC Peapod Lane Capital LLC | 46,062 | $1.44M | $1.16M | -$272,936.21 | -19.02% |
| WM William Mueller Mink Brook Asset Management LLC | 50,621 | $1.21M | $1.3M | $81,922.66 | 6.75% |
Amrep Corp. (AXR) FAQ
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Amrep Corp. Profile
| Real Estate Management & Development Industry | Real Estate Sector | Christopher V. Vitale CEO | NYSE Exchange | 032159105 CUSIP |
| US Country | 49 Employees | 8 Aug 2007 Last Dividend | 2 Dec 1986 Last Split | - IPO Date |
Overview
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.
Products and Services
- Land Development:
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.
- Homebuilding:
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.
- Landscaping Services:
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.
