FY2025 EPS Estimates for Axos Financial Lifted by Analyst

Axos Financial, Inc. (NYSE:AX - Free Report) - Equities research analysts at DA Davidson upped their FY2025 earnings per share estimates for shares of Axos Financial in a research report issued on Thursday, May 1st. DA Davidson analyst G. Tenner now anticipates that the company will post earnings per share of $7.35 for the year, up from their prior estimate of $7.11. DA Davidson has a "Buy" rating and a $84.00 price objective on the stock. The consensus estimate for Axos Financial's current full-year earnings is $7.22 per share. DA Davidson also issued estimates for Axos Financial's FY2026 earnings at $7.66 EPS.

Several other analysts have also commented on AX. Piper Sandler cut their target price on shares of Axos Financial from $84.00 to $80.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. Needham & Company LLC reiterated a "buy" rating and set a $88.00 price objective on shares of Axos Financial in a research report on Thursday, May 1st. Keefe, Bruyette & Woods reduced their price objective on Axos Financial from $91.00 to $90.00 and set a "market perform" rating for the company in a research note on Wednesday, January 29th. Finally, Raymond James reaffirmed an "outperform" rating and set a $72.00 target price (down from $80.00) on shares of Axos Financial in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $81.50.

Axos Financial Price Performance

NYSE AX traded down $0.37 on Friday, reaching $67.30. The company's stock had a trading volume of 262,220 shares, compared to its average volume of 522,037. The firm's 50 day moving average is $62.59 and its two-hundred day moving average is $69.56. The stock has a market cap of $3.79 billion, a PE ratio of 9.05 and a beta of 1.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 1.09. 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 announced its earnings results on Wednesday, April 30th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.07. The business had revenue of $432.72 million during the quarter, compared to analysts' expectations of $305.04 million. Axos Financial had a return on equity of 18.67% and a net margin of 22.10%. During the same quarter last year, the business posted $1.91 earnings per share.

Insider Activity at Axos Financial

In related news, Director Sara Wardell-Smith purchased 3,000 shares of the stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of $64.73 per share, for a total transaction of $194,190.00. Following the acquisition, the director now directly owns 10,250 shares in the company, valued at approximately $663,482.50. The trade was a 41.38 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.07% of the stock is owned by insiders.

Hedge Funds Weigh In On Axos Financial

A number of hedge funds have recently added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new position in shares of Axos Financial during the 4th quarter worth $35,000. Kestra Investment Management LLC bought a new stake in Axos Financial in the fourth quarter worth $52,000. NewEdge Advisors LLC boosted its holdings in Axos Financial by 1,700.0% in the fourth quarter. NewEdge Advisors LLC now owns 900 shares of the company's stock worth $63,000 after purchasing an additional 850 shares in the last quarter. R Squared Ltd acquired a new position in Axos Financial during the fourth quarter worth $66,000. Finally, SRS Capital Advisors Inc. raised its holdings in Axos Financial by 238.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,097 shares of the company's stock valued at $77,000 after buying an additional 773 shares in the last quarter. Institutional investors and hedge funds own 83.79% 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.