DA Davidson Forecasts Increased Earnings for Axos Financial

Axos Financial, Inc. (NYSE:AX) – Analysts at DA Davidson boosted their FY2026 EPS estimates for shares of Axos Financial in a research note issued to investors on Friday, November 1st. DA Davidson analyst G. Tenner now expects that the company will post earnings of $7.20 per share for the year, up from their prior forecast of $7.18. The consensus estimate for Axos Financial’s current full-year earnings is $6.98 per share.

Axos Financial (NYSE:AX) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.16. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. The business had revenue of $512.87 million for the quarter, compared to analyst estimates of $299.59 million. During the same period in the previous year, the company posted $1.41 earnings per share.

Other equities research analysts also recently issued research reports about the stock. Wedbush lowered their price objective on shares of Axos Financial from $80.00 to $75.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 24th. Raymond James raised their price target on shares of Axos Financial from $67.00 to $81.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Needham & Company LLC upped their price objective on shares of Axos Financial from $82.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Piper Sandler lifted their target price on Axos Financial from $68.00 to $84.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. Finally, Keefe, Bruyette & Woods upped their price target on Axos Financial from $72.00 to $74.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $79.80.

Axos Financial Stock Performance

Shares of NYSE AX opened at $67.70 on Monday. Axos Financial has a 12 month low of $32.05 and a 12 month high of $79.15. The company has a market cap of $3.86 billion, a P/E ratio of 8.17 and a beta of 1.38. The business’s 50 day moving average is $64.81 and its two-hundred day moving average is $61.77. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in AX. Hollencrest Capital Management bought a new stake in Axos Financial during the 2nd quarter worth approximately $25,000. EntryPoint Capital LLC boosted its stake in Axos Financial by 816.7% in the first quarter. EntryPoint Capital LLC now owns 495 shares of the company’s stock worth $27,000 after purchasing an additional 441 shares in the last quarter. Kathleen S. Wright Associates Inc. bought a new stake in shares of Axos Financial during the third quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Axos Financial in the third quarter valued at $41,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Axos Financial by 881.8% in the third quarter. Farther Finance Advisors LLC now owns 648 shares of the company’s stock valued at $41,000 after buying an additional 582 shares during the last quarter. 83.79% of the stock is owned by institutional investors.

Insider Activity at Axos Financial

In other Axos Financial news, EVP Andrew J. Micheletti sold 5,197 shares of Axos Financial stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $63.13, for a total transaction of $328,086.61. Following the sale, the executive vice president now directly owns 424,149 shares of the company’s stock, valued at approximately $26,776,526.37. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.07% of the stock is currently owned by insiders.

Axos Financial Company Profile

Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts.