Axos Financial, Inc. (NYSE:AX – Free Report) – DA Davidson raised their FY2026 earnings per share (EPS) estimates for Axos Financial in a 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.
A number of other research firms also recently commented on AX. Needham & Company LLC increased their price objective on shares of Axos Financial from $82.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. StockNews.com upgraded shares of Axos Financial from a “sell” rating to a “hold” rating in a research note on Monday, December 9th. Wedbush decreased 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. Finally, Keefe, Bruyette & Woods boosted their price objective on Axos Financial from $74.00 to $91.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $83.20.
Axos Financial Stock Down 1.2 %
AX stock opened at $71.12 on Friday. 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 50 day simple moving average of $75.20 and a 200-day simple moving average of $67.02. The company has a market capitalization of $4.06 billion, a P/E ratio of 8.61 and a beta of 1.42. Axos Financial has a twelve month low of $44.10 and a twelve month high of $88.46.
Axos Financial (NYSE:AX – Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $1.96 earnings per share (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 company had revenue of $512.87 million for the quarter, compared to the consensus estimate of $299.59 million. During the same period in the previous year, the business earned $1.41 EPS.
Insider Activity
In other news, Director Edward James Ratinoff sold 4,002 shares of Axos Financial stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $79.41, for a total transaction of $317,798.82. Following the sale, the director now owns 46,209 shares of the company’s stock, valued at approximately $3,669,456.69. The trade was a 7.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gregory Garrabrants sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $81.89, for a total value of $10,236,250.00. Following the completion of the sale, the chief executive officer now 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 disclosure for this sale can be found here. Company insiders own 5.07% of the company’s stock.
Hedge Funds Weigh In On Axos Financial
Institutional investors and hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its stake in Axos Financial by 27.9% during the 3rd quarter. Principal Financial Group Inc. now owns 320,717 shares of the company’s stock valued at $20,167,000 after purchasing an additional 70,017 shares in the last quarter. World Investment Advisors LLC bought a new stake in shares of Axos Financial in the 3rd quarter worth $221,000. Sanctuary Advisors LLC lifted its holdings in shares of Axos Financial by 98.8% in the third quarter. Sanctuary Advisors LLC now owns 20,631 shares of the company’s stock valued at $1,297,000 after buying an additional 10,252 shares during the period. Virtu Financial LLC bought a new position in Axos Financial during the third quarter valued at about $277,000. Finally, Geode Capital Management LLC boosted its stake in Axos Financial by 6.8% during the third quarter. Geode Capital Management LLC now owns 1,444,756 shares of the company’s stock valued at $90,861,000 after buying an additional 91,797 shares in the last quarter. 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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