AMREP (AXR)
Develops Rio Rancho land and sells homes through two real-estate segments.
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Develops and sells land in Rio Rancho while building homes through a separate segment. Revenue comes from property sales to builders and other developers and from home sales, with the business shaped by land readiness, infrastructure, water, and required approvals.
Operates land-development and homebuilding businesses anchored by a large land position in Rio Rancho, New Mexico. The portfolio serves residential, commercial, and industrial uses.
Land development sells developed and undeveloped property to builders and commercial or industrial developers. It manages planning, entitlements, infrastructure, water availability, roads, and amenities needed to prepare those properties.
Homebuilding sells homes as a separate segment, linking its land inventory with residential construction.
A substantial portion of operations is concentrated in Rio Rancho and adjoining Sandoval County, where development depends on land planning, entitlements, infrastructure, and water availability.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 31, 2026Cash & short-term investments $48.7M · Total debt $17.0K · Total assets $145.7M · Shareholders' equity $141.1M
- Revenue
- $6.1M
- Operating income
- −$163.0K
- Net income
- $276.0K
No dividends on record.
| Institutions | 41.39% | 2.20M shares | |
|---|---|---|---|
| 38 holders · as of Jun 30, 2026 | |||
| Insiders | 21.28% | 1.13M shares | |
| 4 holders · as of Jul 30, 2026 | |||
| Other | 37.33% | 1.99M shares | |
| remainder | |||
5.32M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
James H. Dahl1Insider10 percent owner | 18.76% | 998,729 | filed Jun 24, 2026 |
Robotti RobertInstitution | 9.80% | 521,765 | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 3.70% | 197,258 | as of Jun 30, 2026 |
Cerity Partners LLCInstitution | 3.15% | 167,642 | as of Jun 30, 2026 |
Truffle Hound Capital, LLCInstitution | 3.00% | 160,000 | as of Jun 30, 2026 |
- James H. Dahl's transaction reports restate only vehicles that traded; the 2026 ownership statement (998.7K) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 30, 2026 | Adrienne Uleau | officer: CFO and VP | −4,000 | $23.49 |
| Jun 22, 2026 | James H. Dahl | 10 percent owner | +3,075 | $25.58 |
| Jun 2, 2026 | James H. Dahl | 10 percent owner | +1,500 | $26.62 |
| May 29, 2026 | James H. Dahl | 10 percent owner | +4,000 | $26.16 |
| May 20, 2026 | James H. Dahl | 10 percent owner | +5,000 | $24.50 |
- D.R. Horton
Large Rio Rancho production-home builder with multiple communities
- PulteGroup
Rio Rancho new-construction builder operating Pulte communities
- LGI Homes
Rio Rancho builder expanding affordable single-family community supply
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| AMREP | $22.48 | −1.64% | $121.2M | 20.9 | 22.9 | 3.0 | −66.1% |
| D.R. Horton | $143.44 | +3.01% | $38.95B | 13.3 | 12.9 | 1.2 | +0.0% |
| PulteGroup | $121.76 | +2.35% | $22.96B | 12.2 | 11.5 | 1.4 | −9.6% |
| LGI Homes | $51.84 | +3.86% | $1.16B | 17.5 | 15.7 | 0.7 | +6.7% |
| Median | 13.3 | 12.9 | 1.2 | +0.0% |