AMREP - AXR Stock Forecast, Price & News

AMREP's stock was trading at $15.20 at the start of the year. Since then, AXR shares have increased by 5.7% and is now trading at $16.07.
View the best growth stocks for 2022 here.

AMREP saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 29,000 shares, an increase of 38.8% from the June 15th total of 20,900 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is presently 5.2 days. Currently, 0.8% of the shares of the company are sold short.
View AMREP's Short Interest.

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

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

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."

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 $16.07.

AMREP (NYSE:AXR) has a market capitalization of $84.45 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 employs 19 workers across the globe.

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.