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NYSE:AX

Axos Financial (AX) Stock Price, News & Analysis

Axos Financial logo
$79.72 +0.10 (+0.13%)
(As of 11/20/2024 ET)

About Axos Financial Stock (NYSE:AX)

Key Stats

Today's Range
$78.59
$80.63
50-Day Range
$59.90
$84.01
52-Week Range
$36.93
$85.54
Volume
569,592 shs
Average Volume
581,791 shs
Market Capitalization
$4.55 billion
P/E Ratio
9.65
Dividend Yield
N/A
Price Target
$79.80
Consensus Rating
Moderate Buy

Company Overview

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. It also provides residential single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text message banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.

Axos Financial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
28th Percentile Overall Score

AX MarketRank™: 

Axos Financial scored higher than 28% of companies evaluated by MarketBeat, and ranked 815th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Axos Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Axos Financial has only been the subject of 3 research reports in the past 90 days.

  • Read more about Axos Financial's stock forecast and price target.
  • Earnings Growth

    Earnings for Axos Financial are expected to grow by 4.70% in the coming year, from $7.02 to $7.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Axos Financial is 9.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Axos Financial is 9.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

  • Price to Book Value per Share Ratio

    Axos Financial has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Axos Financial's valuation and earnings.
  • Percentage of Shares Shorted

    9.79% of the float of Axos Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Axos Financial has a short interest ratio ("days to cover") of 9.6.
  • Change versus previous month

    Short interest in Axos Financial has recently decreased by 4.01%, indicating that investor sentiment is improving.
  • Dividend Yield

    Axos Financial does not currently pay a dividend.

  • Dividend Growth

    Axos Financial does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    9.79% of the float of Axos Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Axos Financial has a short interest ratio ("days to cover") of 9.6.
  • Change versus previous month

    Short interest in Axos Financial has recently decreased by 4.01%, indicating that investor sentiment is improving.
  • News Sentiment

    Axos Financial has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Axos Financial this week, compared to 10 articles on an average week.
  • Search Interest

    Only 4 people have searched for AX on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Axos Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Axos Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,882,135.00 in company stock.

  • Percentage Held by Insiders

    Only 5.07% of the stock of Axos Financial is held by insiders.

  • Percentage Held by Institutions

    83.79% of the stock of Axos Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Axos Financial's insider trading history.
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AX Stock News Headlines

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Analysts Set Axos Financial, Inc. (NYSE:AX) PT at $79.80
Axos Financial (NYSE:AX) Cut to "Sell" at StockNews.com
See More Headlines

AX Stock Analysis - Frequently Asked Questions

Axos Financial's stock was trading at $54.60 at the start of the year. Since then, AX stock has increased by 46.0% and is now trading at $79.72.
View the best growth stocks for 2024 here
.

Axos Financial, Inc. (NYSE:AX) released its quarterly earnings data on Wednesday, October, 30th. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.80 by $0.16. The company earned $512.87 million during the quarter, compared to analysts' expectations of $299.59 million. Axos Financial had a trailing twelve-month return on equity of 18.99% and a net margin of 24.07%.

Top institutional shareholders of Axos Financial include State Street Corp (5.57%), Geode Capital Management LLC (2.53%), Wasatch Advisors LP (2.02%) and FMR LLC (1.34%). Insiders that own company stock include Gregory Garrabrants, Andrew J Micheletti, Mosich Nick, Paul Grinberg, Edward James Ratinoff, Ron Pitters, Thomas M Constantine, Sara Wardell-Smith and Brian D Swanson.
View institutional ownership trends
.

Shares of AX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Axos Financial investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

Last Earnings
10/30/2024
Today
11/20/2024
Next Earnings (Estimated)
2/04/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Federal savings institutions
Sub-Industry
Banking
Employees
1,781
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$79.80
High Stock Price Target
$85.00
Low Stock Price Target
$74.00
Potential Upside/Downside
+0.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$450.01 million
Pretax Margin
33.95%

Debt

Sales & Book Value

Annual Sales
$1.88 billion
Cash Flow
$6.36 per share
Book Value
$40.21 per share

Miscellaneous

Free Float
54,197,000
Market Cap
$4.55 billion
Optionable
Optionable
Beta
1.38
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This page (NYSE:AX) was last updated on 11/21/2024 by MarketBeat.com Staff
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