Amrep CORP

Market Movers (8-K)

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NYSE
AMREP Corporation announced its fiscal year 2026 results, reporting a decrease in net income and an increase in revenues compared to the prior year.
Worse than expected
NYSE
AMREP Corporation announced executive compensation adjustments, including cash bonuses and restricted stock awards, along with salary increases for its President and CEO, and CFO.
NYSE
AMREP Corporation announced a significant increase in net income and revenues for its third fiscal quarter and first nine months ended January 31, 2026.
Better than expected
NYSE
AMREP Corporation announced the appointment of Timothy S. McNaney to its Board of Directors, effective January 27, 2026, alongside an increase in board size and termination of a director stock ownership policy.
NYSE
AMREP Corporation announced a significant drop in net income and revenues for its second fiscal quarter and first six months ended October 31, 2025.
Worse than expected
NYSE
AMREP Corporation's 2025 Annual Meeting saw shareholders elect a new director and approve executive compensation and auditor appointments.

Quarterly Earnings (10-Q)

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NYSE
AMREP Corporation reported a significant increase in net income and revenues for the third quarter, driven by strong land and home sales, despite ongoing market headwinds and operational delays.
Better than expected
Delay expected
NYSE
AMREP Corporation reported a significant decline in net income and diluted EPS for the second quarter and first six months of fiscal 2026, primarily driven by a sharp decrease in land sale revenues.
Delay expected
Worse than expected
NYSE
AMREP Corporation reported a 15% increase in net income for Q1 2026, driven by improved land and home sale gross margins despite a slight dip in total revenues.
Better than expected
Capital raise
NYSE
AMREP Corp reports a rise in net income for the third quarter of fiscal year 2025, despite facing headwinds in the land development and homebuilding sectors.
Better than expected
Delay expected
NYSE
AMREP Corporation's second quarter results show a significant increase in net income, driven by strong performance in both land and home sales.
Better than expected
Delay expected
NYSE
AMREP Corporation's first quarter of fiscal year 2025 saw a significant increase in net income, driven by substantial growth in both land and home sales revenues.
Better than expected
Delay expected

Annual Reports (10-K)

NYSE
AMREP Corporation's annual report for the fiscal year ended April 30, 2026, details mixed results with increased home sales offsetting a decline in land sales, alongside operational challenges and a focus on affordability.
Worse than expected
Delay expected
NYSE
AMREP Corporation announced a significant increase in net income and diluted earnings per share for fiscal year 2025, driven by improved land sale margins and a tax benefit, despite a slight overall revenue decline and ongoing challenges in the homebuilding sector.
Delay expected
Better than expected
Capital raise
NYSE
AMREP Corporation's net income decreased in fiscal year 2024 compared to 2023, primarily due to market challenges and delays in approvals.
Worse than expected
Delay expected

Insider Trading (Form 4)

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NYSE
Adrienne Uleau, CFO and VP of Amrep Corp., sold 4,000 shares of common stock on July 30, 2026 for $23.49 per share.
NYSE
Adrienne Uleau, CFO and VP of Amrep Corp., received 2,250 shares of common stock on July 13, 2026.
NYSE
Christopher Vitale V, President and CEO and a Director of Amrep Corp., received 8,700 shares of common stock on July 13, 2026.
NYSE
AMREP Corp. reports insider transactions by James H. Dahl and Rainey E. Lancaster involving common shares.
NYSE
AMREP Corp. reports insider James H. Dahl acquired 1,500 common shares for approximately $40,000, increasing his direct holdings.
NYSE
10% owner James H. Dahl acquired 4,000 additional common shares of AMREP Corp. on May 29, 2026.

Proxy Statements (Def-14A)

NYSE
AMREP Corporation reported fiscal year 2025 revenues of $49.7 million and net income of $12.7 million, navigating a slowing real estate market with a strong cash position and minimal debt.
Delay expected
NYSE
AMREP Corporation announces its 2025 Annual Meeting of Shareholders to address director election, executive compensation, and auditor ratification.
NYSE
AMREP Corporation announces its 2024 financial results, highlighting $51.4 million in revenues and $6.7 million in net income despite challenging market conditions.
Delay expected
NYSE
AMREP Corporation will hold its 2024 Annual Meeting of Shareholders on September 12, 2024, to elect directors and vote on executive compensation.

Schedule 13D - Activist Investments

NYSE
Reporting persons James H. Dahl and Rainey E. Lancaster disclosed an increased beneficial ownership stake in AMREP Corp. totaling 18.8% for Dahl.
NYSE
James H. Dahl and Rainey E. Lancaster have increased their beneficial ownership in AMREP Corporation, with Dahl now holding 17.8% of outstanding shares.
Better than expected