FY2025 EPS Estimate for Axos Financial Increased by Analyst

Axos Financial, Inc. (NYSE:AX - Free Report) - Investment analysts at DA Davidson boosted their FY2025 earnings per share estimates for shares of Axos Financial in a research note issued on Thursday, May 1st. DA Davidson analyst G. Tenner now expects that the company will post earnings of $7.35 per share for the year, up from their previous forecast of $7.11. DA Davidson currently has a "Buy" rating and a $84.00 target price 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.

Axos Financial (NYSE:AX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.07. Axos Financial had a net margin of 22.10% and a return on equity of 18.67%. The business had revenue of $432.72 million during the quarter, compared to the consensus estimate of $305.04 million. During the same period in the prior year, the firm earned $1.91 EPS.

Several other brokerages have also issued reports on AX. Keefe, Bruyette & Woods lowered their price target on Axos Financial from $91.00 to $90.00 and set a "market perform" rating on the stock in a research note on Wednesday, January 29th. Raymond James reissued an "outperform" rating and issued a $72.00 target price (down previously from $80.00) on shares of Axos Financial in a research note on Friday, May 2nd. Piper Sandler dropped their target price on Axos Financial from $84.00 to $80.00 and set an "overweight" rating for the company in a report on Thursday, May 1st. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $88.00 price target on shares of Axos Financial in a research report on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Axos Financial currently has an average rating of "Moderate Buy" and a consensus price target of $81.50.

Axos Financial Stock Performance

Shares of AX stock traded up $0.32 during trading hours on Friday, reaching $67.47. 152,520 shares of the company's stock were exchanged, compared to its average volume of 520,241. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. Axos Financial has a fifty-two week low of $44.10 and a fifty-two week high of $88.46. The business has a fifty day moving average price of $62.61 and a 200-day moving average price of $69.55. The stock has a market capitalization of $3.80 billion, a P/E ratio of 9.08 and a beta of 1.25.

Insider Activity

In related news, Director Sara Wardell-Smith purchased 3,000 shares of the stock in a transaction on Tuesday, March 4th. The shares were purchased at an average cost of $64.73 per share, with a total value of $194,190.00. Following the acquisition, the director now directly owns 10,250 shares in the company, valued at $663,482.50. The trade was a 41.38 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 5.07% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Axos Financial

A number of institutional investors have recently modified their holdings of AX. Heck Capital Advisors LLC acquired a new position in shares of Axos Financial during the 4th quarter worth approximately $35,000. Kestra Investment Management LLC acquired a new position in Axos Financial in the 4th quarter valued at $52,000. NewEdge Advisors LLC raised its holdings in Axos Financial by 1,700.0% in the 4th quarter. NewEdge Advisors LLC now owns 900 shares of the company's stock valued at $63,000 after acquiring an additional 850 shares in the last quarter. R Squared Ltd bought a new stake in shares of Axos Financial during the 4th quarter valued at $66,000. Finally, SRS Capital Advisors Inc. increased its position in shares of Axos Financial by 238.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,097 shares of the company's stock worth $77,000 after purchasing an additional 773 shares during the period. Institutional investors 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.