Axos Financial, Inc. (NYSE:AX - Free Report) - Analysts at DA Davidson raised their FY2026 earnings estimates for Axos Financial in a research note issued to investors on Friday, November 1st. DA Davidson analyst G. Tenner now forecasts that the company will earn $7.20 per share for the year, up from their previous estimate of $7.18. The consensus estimate for Axos Financial's current full-year earnings is $6.97 per share.
Axos Financial (NYSE:AX - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $1.96 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $299.59 million. During the same quarter last year, the business posted $1.41 EPS.
A number of other research firms have also recently issued reports on AX. Keefe, Bruyette & Woods increased their target price on Axos Financial from $72.00 to $74.00 and gave the stock a "market perform" rating in a research note on Friday. Piper Sandler raised their price objective on shares of Axos Financial from $68.00 to $84.00 and gave the stock an "overweight" rating in a report on Wednesday, July 31st. Raymond James boosted their price objective on shares of Axos Financial from $67.00 to $81.00 and gave the company an "outperform" rating in a research report on Wednesday, July 31st. Wedbush lowered their target price on Axos Financial from $80.00 to $75.00 and set a "neutral" rating for the company in a report on Tuesday, September 24th. Finally, Needham & Company LLC boosted their price target on Axos Financial from $82.00 to $85.00 and gave the company a "buy" rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $79.80.
View Our Latest Report on Axos Financial
Axos Financial Stock Down 1.0 %
Shares of NYSE AX traded down $0.64 during mid-day trading on Monday, reaching $65.21. 325,338 shares of the company's stock were exchanged, compared to its average volume of 574,551. Axos Financial has a twelve month low of $32.05 and a twelve month high of $79.15. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $3.72 billion, a price-to-earnings ratio of 7.96 and a beta of 1.38. The business has a fifty day simple moving average of $64.88 and a 200 day simple moving average of $61.66.
Insider Transactions at Axos Financial
In other Axos Financial news, EVP Andrew J. Micheletti sold 5,197 shares of the business's 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 transaction, the executive vice president now owns 424,149 shares of the company's stock, valued at $26,776,526.37. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 5.07% of the company's stock.
Institutional Investors Weigh In On Axos Financial
A number of institutional investors and hedge funds have recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new stake in Axos Financial during the 3rd quarter valued at $41,000. Crossmark Global Holdings Inc. lifted its stake in shares of Axos Financial by 4.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,836 shares of the company's stock worth $241,000 after buying an additional 162 shares during the last quarter. Summit Global Investments boosted its holdings in shares of Axos Financial by 2.5% during the 3rd quarter. Summit Global Investments now owns 19,681 shares of the company's stock worth $1,238,000 after buying an additional 482 shares during the period. Principal Financial Group Inc. grew its stake in Axos Financial by 27.9% in the 3rd quarter. Principal Financial Group Inc. now owns 320,717 shares of the company's stock valued at $20,167,000 after buying an additional 70,017 shares during the last quarter. Finally, Amalgamated Bank grew its stake in Axos Financial by 2.1% in the 3rd quarter. Amalgamated Bank now owns 15,956 shares of the company's stock valued at $1,003,000 after buying an additional 322 shares during the last quarter. 83.79% of the stock is owned by institutional investors.
Axos Financial Company Profile
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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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