AMREP - AXR Stock Forecast, Price & News

AMREP's stock was trading at $15.20 at the beginning of the year. Since then, AXR stock has increased by 5.3% and is now trading at $16.00.
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AMREP saw a decline in short interest in July. As of July 31st, there was short interest totaling 29,300 shares, a decline of 7.6% from the July 15th total of 31,700 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is currently 4.4 days. Currently, 0.8% of the shares of the stock are short sold.
View AMREP's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 13th 2022.
View our AXR earnings forecast.

AMREP Co. (NYSE:AXR) announced its quarterly earnings results on Thursday, July, 21st. The business services provider reported $1.41 EPS for the quarter. The business services provider earned $25.92 million during the quarter. AMREP had a net margin of 25.39% and a trailing twelve-month return on equity of 17.47%.

2 employees have rated AMREP Chief Executive Officer Theodore J. Gaasche on Glassdoor.com. Theodore J. Gaasche has an approval rating of 100% among the company's employees. This puts Theodore J. Gaasche in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other AMREP investors own include Carnival Co. & (CCL), Blackrock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced International Dividend Trust (BGY), Bank of Nova Scotia (BNS), General Mills (GIS), Kohl's (KSS), Permian Basin Royalty Trust (PBT), Putnam Premier Income Trust (PPT), AbbVie (ABBV) and Algonquin Power & Utilities (AQN).

AMREP trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXR."

AMREP's stock is owned by many different institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (0.05%). Insiders that own company stock include Edward B Cloues II, Nick G Karabots, Robert Robotti and Theodore J Gaasche.
View institutional ownership trends.

Shares of AXR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AXR stock can currently be purchased for approximately $16.00.

AMREP (NYSE:AXR) has a market capitalization of $84.08 million and generates $62.48 million in revenue each year. The business services provider earns $15.86 million in net income (profit) each year or $2.20 on an earnings per share basis.

AMREP's mailing address is 620 WEST GERMANTOWN PIKE SUITE 175, PLYMOUTH MEETING PA, 19462. The official website for the company is www.amrepcorp.com. The business services provider can be reached via phone at (610) 487-0905 or via fax at 609-716-8255.