Wedbush Analysts Boost Earnings Estimates for Axos Financial, Inc. (NYSE:AX)

Axos Financial, Inc. (NYSE:AX - Free Report) - Equities researchers at Wedbush raised their Q2 2025 EPS estimates for shares of Axos Financial in a research note issued to investors on Wednesday, May 1st. Wedbush analyst D. Chiaverini now forecasts that the company will earn $1.78 per share for the quarter, up from their previous forecast of $1.76. Wedbush currently has a "Neutral" rating and a $60.00 target price on the stock. The consensus estimate for Axos Financial's current full-year earnings is $6.45 per share. Wedbush also issued estimates for Axos Financial's Q3 2025 earnings at $1.75 EPS, Q4 2025 earnings at $1.85 EPS, FY2025 earnings at $7.15 EPS, Q1 2026 earnings at $1.94 EPS and Q2 2026 earnings at $1.95 EPS.

Axos Financial (NYSE:AX - Get Free Report) last released its earnings results on Tuesday, April 30th. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.21. Axos Financial had a net margin of 24.39% and a return on equity of 19.05%. The company had revenue of $476.73 million during the quarter, compared to analyst estimates of $277.85 million. During the same period in the prior year, the firm posted $1.35 EPS.

A number of other equities research analysts have also issued reports on AX. Raymond James increased their price objective on shares of Axos Financial from $45.00 to $62.00 and gave the company an "outperform" rating in a report on Wednesday, January 31st. StockNews.com raised shares of Axos Financial from a "sell" rating to a "hold" rating in a report on Monday, February 5th. Piper Sandler increased their target price on Axos Financial from $65.00 to $68.00 and gave the company an "overweight" rating in a research report on Wednesday. Finally, Keefe, Bruyette & Woods reiterated an "outperform" rating and set a $79.00 target price (up from $77.00) on shares of Axos Financial in a research report on Thursday. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $67.25.

Axos Financial Price Performance

AX traded up $1.79 during trading on Thursday, reaching $57.29. 805,011 shares of the company traded hands, compared to its average volume of 553,352. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.07 and a current ratio of 1.07. Axos Financial has a 12-month low of $32.05 and a 12-month high of $60.00. The firm has a fifty day simple moving average of $51.37 and a 200 day simple moving average of $48.63. The company has a market cap of $3.26 billion, a P/E ratio of 7.54 and a beta of 1.42.

Insider Buying and Selling

In other news, EVP Andrew J. Micheletti sold 2,500 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $52.89, for a total transaction of $132,225.00. Following the completion of the sale, the executive vice president now directly owns 422,583 shares of the company's stock, valued at $22,350,414.87. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Sara Wardell-Smith bought 5,000 shares of the stock in a transaction dated Friday, March 15th. The stock was purchased at an average cost of $49.75 per share, with a total value of $248,750.00. Following the completion of the purchase, the director now owns 5,000 shares of the company's stock, valued at $248,750. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Andrew J. Micheletti sold 2,500 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $52.89, for a total transaction of $132,225.00. Following the sale, the executive vice president now directly owns 422,583 shares of the company's stock, valued at $22,350,414.87. The disclosure for this sale can be found here. 4.82% of the stock is owned by corporate insiders.

Institutional Trading of Axos Financial

Several institutional investors and hedge funds have recently made changes to their positions in AX. Dimensional Fund Advisors LP raised its holdings in Axos Financial by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,724,331 shares of the company's stock worth $148,755,000 after purchasing an additional 134,266 shares in the last quarter. Davis Asset Management L.P. raised its holdings in Axos Financial by 5.3% in the third quarter. Davis Asset Management L.P. now owns 1,500,000 shares of the company's stock worth $56,790,000 after purchasing an additional 75,000 shares in the last quarter. American Century Companies Inc. raised its holdings in Axos Financial by 152.8% in the third quarter. American Century Companies Inc. now owns 1,395,715 shares of the company's stock worth $52,842,000 after purchasing an additional 843,606 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Axos Financial by 5.7% in the third quarter. Ameriprise Financial Inc. now owns 1,376,615 shares of the company's stock worth $52,119,000 after purchasing an additional 74,649 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Axos Financial by 114.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 795,381 shares of the company's stock worth $43,428,000 after purchasing an additional 423,930 shares in the last quarter. 83.79% of the stock is currently owned by institutional investors.

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.