FY2026 EPS Estimate for Axos Financial Decreased by Analyst

Key Points

• DA Davidson has revised its FY2026 earnings per share estimate for Axos Financial to $7.92, down from $8.04, while maintaining a "Buy" rating and a target price of $106.00.
• The consensus estimate for Axos Financial's current full-year earnings is $7.22 per share, indicating analyst expectations differ significantly.
• Numerous analysts have reacted positively, with upgrades and increased price targets, yet institutional investors own a significant 83.79% of the company's stock.

Axos Financial, Inc (NYSE:AX - Free Report) - DA Davidson cut their FY2026 earnings per share estimates for Axos Financial in a report issued on Wednesday, September 24th. DA Davidson analyst G. Tenner now expects that the company will post earnings of $7.92 per share for the year, down from their prior forecast of $8.04. DA Davidson currently has a "Buy" rating and a $106.00 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 FY2027 earnings at $8.87 EPS.

A number of other equities analysts also recently commented on AX. Raymond James Financial restated an "outperform" rating and set a $100.00 price objective (up from $95.00) on shares of Axos Financial in a research note on Tuesday. Needham & Company LLC raised their price target on Axos Financial from $92.00 to $102.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Wall Street Zen upgraded Axos Financial from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Finally, Keefe, Bruyette & Woods increased their price objective on Axos Financial from $90.00 to $94.00 and gave the company a "market perform" rating in a report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $95.33.

Axos Financial Stock Performance

Shares of AX opened at $87.56 on Thursday. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 11.74 and a beta of 1.32. Axos Financial has a 12 month low of $54.46 and a 12 month high of $93.84. The firm has a fifty day simple moving average of $88.11 and a 200 day simple moving average of $75.44. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.17.

Axos Financial (NYSE:AX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $1.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.82 by $0.12. The business had revenue of $321.45 million during the quarter, compared to the consensus estimate of $311.73 million. Axos Financial had a return on equity of 17.11% and a net margin of 22.24%.Axos Financial's quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the company earned $1.83 earnings per share.

Hedge Funds Weigh In On Axos Financial

Several institutional investors and hedge funds have recently made changes to their positions in AX. GAMMA Investing LLC boosted its stake in Axos Financial by 6.9% in the second quarter. GAMMA Investing LLC now owns 1,960 shares of the company's stock valued at $149,000 after acquiring an additional 126 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Axos Financial by 1.8% in the second quarter. Cetera Investment Advisers now owns 8,197 shares of the company's stock valued at $623,000 after buying an additional 141 shares during the period. Intech Investment Management LLC lifted its position in shares of Axos Financial by 0.3% during the 2nd quarter. Intech Investment Management LLC now owns 42,289 shares of the company's stock valued at $3,216,000 after buying an additional 144 shares during the last quarter. MAI Capital Management grew its stake in shares of Axos Financial by 10.2% during the 2nd quarter. MAI Capital Management now owns 1,653 shares of the company's stock worth $126,000 after acquiring an additional 153 shares during the period. Finally, Summit Global Investments increased its holdings in Axos Financial by 1.6% in the 2nd quarter. Summit Global Investments now owns 9,988 shares of the company's stock worth $759,000 after acquiring an additional 159 shares during the last quarter. Institutional investors and hedge funds own 83.79% of the company's stock.

Insider Activity at Axos Financial

In related news, EVP Candace L. Thiele sold 700 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $90.14, for a total transaction of $63,098.00. Following the transaction, the executive vice president directly owned 23 shares of the company's stock, valued at approximately $2,073.22. The trade was a 96.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Andrew J. Micheletti sold 13,960 shares of the firm's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $85.38, for a total value of $1,191,904.80. Following the sale, the executive vice president directly owned 67,460 shares of the company's stock, valued at $5,759,734.80. This represents a 17.15% decrease in their position. The disclosure for this sale can be found here. Insiders own 5.07% 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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