Axos Financial, Inc. (NYSE:AX – Free Report) – Stock analysts at DA Davidson upped their FY2026 earnings per share (EPS) estimates for Axos Financial in a research report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the company will post earnings of $7.26 per share for the year, up from their previous estimate of $7.20. The consensus estimate for Axos Financial’s current full-year earnings is $7.07 per share.
Several other equities research analysts have also issued reports on AX. Wedbush dropped their price target on Axos Financial from $80.00 to $75.00 and set a “neutral” rating for the company in a research note on Tuesday, September 24th. Keefe, Bruyette & Woods boosted their target price on Axos Financial from $74.00 to $91.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. Needham & Company LLC increased their price target 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. Finally, StockNews.com upgraded shares of Axos Financial from a “sell” rating to a “hold” rating in a report on Monday, December 9th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $83.20.
Axos Financial Stock Performance
NYSE AX opened at $71.73 on Friday. Axos Financial has a 52-week low of $44.10 and a 52-week high of $88.46. The company has a fifty day moving average of $75.57 and a 200-day moving average of $67.19. The company has a market capitalization of $4.10 billion, a P/E ratio of 8.68 and a beta of 1.42. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.08 and a current ratio of 1.08.
Axos Financial (NYSE:AX – Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.16. The business had revenue of $512.87 million during the quarter, compared to analyst estimates of $299.59 million. Axos Financial had a net margin of 24.07% and a return on equity of 18.99%. During the same period in the previous year, the business posted $1.41 earnings per share.
Institutional Trading of Axos Financial
Several large investors have recently added to or reduced their stakes in the stock. Kathleen S. Wright Associates Inc. purchased a new position in shares of Axos Financial during the 3rd quarter worth approximately $27,000. Hollencrest Capital Management bought a new position in Axos Financial in the second quarter worth $25,000. Farther Finance Advisors LLC lifted its position in Axos Financial by 881.8% during 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 period. Ashton Thomas Securities LLC bought a new stake in shares of Axos Financial during the 3rd quarter valued at $41,000. Finally, 1620 Investment Advisors Inc. purchased a new stake in shares of Axos Financial in the 2nd quarter worth about $49,000. Institutional investors own 83.79% of the company’s stock.
Insiders Place Their Bets
In other news, CEO Gregory Garrabrants sold 125,000 shares of the 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 completion of the sale, the chief executive officer now directly owns 1,340,377 shares in the company, valued at approximately $109,763,472.53. This represents a 8.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edward James Ratinoff sold 4,002 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $79.41, for a total value of $317,798.82. Following the transaction, the director now owns 46,209 shares in the company, valued at approximately $3,669,456.69. This represents a 7.97 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.07% of the company’s stock.
About Axos Financial
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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