Axos Financial, Inc. (NYSE:AX – Free Report) – Stock analysts at DA Davidson raised their FY2026 earnings per share estimates for Axos Financial in a report released on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $7.26 for the year, up from their previous forecast of $7.20. The consensus estimate for Axos Financial’s current full-year earnings is $7.07 per share.
AX has been the subject of a number of other reports. StockNews.com raised Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Wedbush decreased their price objective on Axos Financial from $80.00 to $75.00 and set a “neutral” rating for the company in a report on Tuesday, September 24th. Needham & Company LLC increased their target price on Axos Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Keefe, Bruyette & Woods boosted their price objective on Axos Financial from $74.00 to $91.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $83.20.
Axos Financial Price Performance
Shares of NYSE AX opened at $71.73 on Friday. The company has a market capitalization of $4.10 billion, a PE ratio of 8.68 and a beta of 1.42. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.17. Axos Financial has a twelve month low of $44.10 and a twelve month high of $88.46. The firm has a fifty day simple moving average of $75.57 and a 200 day simple moving average of $67.19.
Axos Financial (NYSE:AX – Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.16. The company had revenue of $512.87 million for the quarter, compared to the consensus estimate of $299.59 million. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. During the same quarter last year, the business posted $1.41 EPS.
Insiders Place Their Bets
In related news, Director Edward James Ratinoff sold 4,002 shares of Axos Financial stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $79.41, for a total value of $317,798.82. Following the completion of the sale, the director now owns 46,209 shares of the company’s stock, valued at approximately $3,669,456.69. This trade represents a 7.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory Garrabrants sold 125,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $81.89, for a total transaction of $10,236,250.00. Following the sale, the chief executive officer now directly owns 1,340,377 shares in the company, valued at approximately $109,763,472.53. This trade represents a 8.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.07% of the company’s stock.
Institutional Investors Weigh In On Axos Financial
Several institutional investors have recently made changes to their positions in AX. 1620 Investment Advisors Inc. purchased a new stake in Axos Financial during the 2nd quarter worth about $49,000. Louisiana State Employees Retirement System boosted its position in shares of Axos Financial by 1.6% in the second quarter. Louisiana State Employees Retirement System now owns 25,500 shares of the company’s stock valued at $1,457,000 after acquiring an additional 400 shares during the period. Argent Capital Management LLC grew its stake in Axos Financial by 39.6% during the second quarter. Argent Capital Management LLC now owns 8,374 shares of the company’s stock valued at $479,000 after acquiring an additional 2,375 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Axos Financial by 15.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 239,781 shares of the company’s stock worth $13,703,000 after acquiring an additional 31,890 shares during the period. Finally, Picton Mahoney Asset Management purchased a new stake in Axos Financial in the 2nd quarter worth approximately $166,000. Hedge funds and other institutional investors own 83.79% of the company’s stock.
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.
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