DA Davidson Predicts Increased Earnings for Axos Financial

Axos Financial, Inc. (NYSE:AX) – DA Davidson upped their FY2026 earnings estimates for Axos Financial in a report released on Thursday, December 19th. DA Davidson analyst G. Tenner now anticipates that the company will post earnings per share of $7.26 for the year, up from their prior 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 analysts also recently issued reports on AX. Wedbush decreased their price target 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 boosted their price target on shares of Axos Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. StockNews.com raised shares of Axos Financial from a “sell” rating to a “hold” rating in a report on Monday, December 9th. Finally, Keefe, Bruyette & Woods raised their target price on Axos Financial from $74.00 to $91.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $83.20.

Axos Financial Trading Up 0.9 %

Shares of Axos Financial stock opened at $71.73 on Friday. The firm has a fifty day moving average price of $75.41 and a 200 day moving average price of $67.05. The stock has a market cap of $4.10 billion, a PE ratio of 8.68 and a beta of 1.42. Axos Financial has a 1 year low of $44.10 and a 1 year high of $88.46. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.08 and a quick ratio of 1.08.

Axos Financial (NYSE:AX) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.16. The business had revenue of $512.87 million for the quarter, compared to analyst estimates of $299.59 million. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. During the same period in the prior year, the company earned $1.41 earnings per share.

Institutional Investors Weigh In On Axos Financial

A number of hedge funds have recently added to or reduced their stakes in AX. Hancock Whitney Corp raised its holdings in Axos Financial by 1.3% in the third quarter. Hancock Whitney Corp now owns 10,931 shares of the company’s stock valued at $687,000 after acquiring an additional 142 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Axos Financial by 4.4% in the third quarter. Crossmark Global Holdings Inc. now owns 3,836 shares of the company’s stock valued at $241,000 after purchasing an additional 162 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of Axos Financial by 5.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 5,291 shares of the company’s stock worth $302,000 after purchasing an additional 266 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Axos Financial by 45.7% in the 3rd quarter. GAMMA Investing LLC now owns 982 shares of the company’s stock worth $62,000 after acquiring an additional 308 shares during the period. Finally, Foundry Partners LLC boosted its holdings in shares of Axos Financial by 5.8% in the second quarter. Foundry Partners LLC now owns 5,779 shares of the company’s stock valued at $330,000 after acquiring an additional 316 shares in the last quarter. 83.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Axos Financial

In related news, CEO Gregory Garrabrants sold 125,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $81.89, for a total value of $10,236,250.00. Following the sale, the chief executive officer now owns 1,340,377 shares in the company, valued at approximately $109,763,472.53. The trade was a 8.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Edward James Ratinoff sold 4,002 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $79.41, for a total transaction of $317,798.82. Following the completion of the transaction, the director now directly 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 position. The disclosure for this sale can be found here. 5.07% of the stock is currently owned by insiders.

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.