BofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners. The Bank has deposit and loan customers, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. Its mortgage-backed securities consist primarily of mortgage pass-through securities issued by government-sponsored entities and non-agency collateralized mortgage obligations and pass-through mortgage-backed securities issued by private sponsors.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: Thrifts & Mortgage Finance
- Symbol: NASDAQ:BOFI
- CUSIP: 05566U10
- Web: www.bofiholding.com
Capitalization:- Market Cap: $1.7015 billion
- Outstanding Shares: 63,536,000
Average Prices:- 50 Day Moving Avg: $25.75
- 200 Day Moving Avg: $25.87
- 52 Week Range: $17.71 - $32.57
P/E:- Trailing P/E Ratio: 12.74
- Foreward P/E Ratio: 9.49
- P/E Growth: 1.11
Sales & Book Value:- Annual Revenue: $370.3 million
- Price / Sales: 4.52
- Book Value: $13.05 per share
- Price / Book: 2.02
Profitability:- Net Margins: 29.53%
- Return on Equity: 17.35%
- Return on Assets: 1.61%
Debt:- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 1.16%
- Quick Ratio: 1.15%
Misc:- Average Volume: 706,198 shs.
- Beta: 0.42
- Short Ratio: 34.34
Frequently Asked Questions for BofI Holding (NASDAQ:BOFI)
What is BofI Holding's stock symbol?
BofI Holding trades on the NASDAQ under the ticker symbol "BOFI."
How were BofI Holding's earnings last quarter?
BofI Holding, Inc. (NASDAQ:BOFI) announced its quarterly earnings data on Tuesday, April, 25th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.00. The company earned $111.73 million during the quarter, compared to analysts' expectations of $109.89 million. BofI Holding had a net margin of 29.53% and a return on equity of 17.35%. During the same quarter in the prior year, the company posted $0.56 EPS. View BofI Holding's Earnings History.
When will BofI Holding make its next earnings announcement?
Where is BofI Holding's stock going? Where will BofI Holding's stock price be in 2017?
3 analysts have issued 12 month price targets for BofI Holding's shares. Their forecasts range from $30.00 to $35.00. On average, they anticipate BofI Holding's share price to reach $32.67 in the next year. View Analyst Ratings for BofI Holding.
Are investors shorting BofI Holding?
BofI Holding saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 25,450,093 shares, an increase of 0.3% from the July 14th total of 25,518,528 shares. Based on an average daily volume of 870,368 shares, the days-to-cover ratio is currently 29.2 days. Approximately 45.6% of the shares of the stock are sold short.
Who are some of BofI Holding's key competitors?
Some companies that are related to BofI Holding include Ita? CorpBanca (ITCB), Grupo Aval Acciones y Valores S.A. (AVAL), Valley National Bancorp (VLY), BBVA Banco Frances S.A. (BFR), Metro Bank PLC (MTRO), Washington Federal (WAFD), Community Bank System (CBU), BancorpSouth (BXS), Glacier Bancorp (GBCI), TCF Financial Corporation (TCF), Cybg Plc (CYBG), TCF Financial (TCF), International Bancshares Corporation (IBOC), Close Brothers Group plc (CBG), CVB Financial Corporation (CVBF), Old National Bancorp (ONB), First Midwest Bancorp (FMBI) and Renasant Corporation (RNST).
Who are BofI Holding's key executives?
BofI Holding's management team includes the folowing people:
- Paul J. Grinberg, Independent Chairman of the Board
- Gregory Garrabrants, President, Chief Executive Officer, Director
- Nicholas A. Mosich, Independent Vice Chairman of the Board
- Andrew J. Micheletti, Chief Financial Officer, Executive Vice President
- Eshel Bar-Adon, Executive Vice President, Specialty Finance and Chief Legal Officer
- Thomas M. Constantine, Executive Vice President, Chief Credit Officer of the Bank
- Brian Swanson, Executive Vice President, Chief Lending Officer of the Bank
- James S. Argalas, Independent Director
- John Gary Burke, Independent Director
- James J. Court, Independent Director
Who owns BofI Holding stock?
BofI Holding's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.95%), Vanguard Group Inc. (8.74%), Ameriprise Financial Inc. (3.84%), Dimensional Fund Advisors LP (3.48%), State Street Corp (2.27%) and Pembroke Management LTD (2.21%). Company insiders that own BofI Holding stock include Andrew J Micheletti, Edward James Ratinoff, Gregory Garrabrants, James John Court, Mosich Nick and Theodore C Allrich. View Institutional Ownership Trends for BofI Holding.
Who sold BofI Holding stock? Who is selling BofI Holding stock?
BofI Holding's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Kennedy Capital Management Inc., Thompson Siegel & Walmsley LLC, Fred Alger Management Inc., JPMorgan Chase & Co., Emerald Advisers Inc. PA, Tiverton Asset Management LLC and Prudential Financial Inc.. Company insiders that have sold BofI Holding stock in the last year include Mosich Nick and Theodore C Allrich. View Insider Buying and Selling for BofI Holding.
Who bought BofI Holding stock? Who is buying BofI Holding stock?
BofI Holding's stock was purchased by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Wasatch Advisors Inc., Royce & Associates LP, Stifel Financial Corp, BlackRock Inc., Menta Capital LLC, Vanguard Group Inc. and William Blair Investment Management LLC. Company insiders that have bought BofI Holding stock in the last two years include Andrew J Micheletti, Gregory Garrabrants and James John Court. View Insider Buying and Selling for BofI Holding.
How do I buy BofI Holding stock?
Shares of BofI Holding can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BofI Holding's stock price today?
One share of BofI Holding stock can currently be purchased for approximately $26.37.
MarketBeat Community Rating for BofI Holding (NASDAQ BOFI)MarketBeat's community ratings are surveys of what our community members think about BofI Holding and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for BofI Holding (NASDAQ:BOFI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $32.67 (23.88% upside) |
Analysts' Ratings History for BofI Holding (NASDAQ:BOFI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/12/2017 | DA Davidson | Reiterated Rating | Buy | $33.00 | Low |  |
| 4/3/2017 | FBR & Co | Reiterated Rating | Outperform | $35.00 | Medium | |
| 11/23/2016 | Stephens | Initiated Coverage | Overweight | $30.00 | N/A | |
| 4/7/2016 | Craig Hallum | Initiated Coverage | Buy | $35.00 | N/A | |
| 12/11/2015 | Raymond James Financial, Inc. | Lower Price Target | Strong-Buy | $36.25 -> $35.00 | N/A | |
| 11/20/2015 | Keefe, Bruyette & Woods | Boost Price Target | | $30.00 | N/A | |
| 10/15/2015 | Sandler O'Neill | Upgrade | Hold -> Buy | | N/A | |
(Data available from 8/19/2015 forward)
Earnings History for BofI Holding (NASDAQ:BOFI)Earnings History by Quarter for BofI Holding (NASDAQ BOFI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.49 | | | | | N/A | |
| 4/25/2017 | Q3 2017 | $0.63 | $0.63 | $109.89 million | $111.73 million | View | N/A | |
| 1/30/2017 | Q217 | $0.48 | $0.50 | $91.19 million | $93.06 million | View | N/A | |
| 10/27/2016 | Q117 | $0.45 | $0.45 | $86.52 million | $84.51 million | View | Listen | |
| 8/2/2016 | Q416 | $0.46 | $0.46 | $79.82 million | $86.17 million | View | N/A | |
| 4/28/2016 | Q316 | $0.56 | $0.56 | $75.86 million | $92.90 million | View | Listen | |
| 1/28/2016 | Q216 | $0.42 | $0.44 | $72.94 million | $79.39 million | View | Listen | |
| 10/29/2015 | Q116 | $1.51 | $1.60 | $57.06 million | $68.90 million | View | Listen | |
| 7/30/2015 | Q415 | $1.38 | $1.54 | $53.67 million | $55.29 million | View | Listen | |
| 4/30/2015 | Q315 | $1.27 | $1.35 | $56.23 million | $59.03 million | View | N/A | |
| 1/29/2015 | Q215 | $1.22 | $1.26 | $51.38 million | $54.81 million | View | N/A | |
| 11/4/2014 | Q1 2015 | $1.11 | $1.20 | $46.74 million | $50.12 million | View | N/A | |
| 8/7/2014 | Q214 | $1.02 | $1.09 | $41.26 million | $45.22 million | View | N/A | |
| 5/6/2014 | Q114 | $0.97 | $1.00 | $38.38 million | $40.88 million | View | N/A | |
| 2/4/2014 | Q413 | $0.79 | $0.91 | $28.50 million | | View | N/A | |
| 11/5/2013 | Q313 | $0.85 | $0.85 | | | View | N/A | |
| 5/8/2013 | Q3 2013 | $0.72 | $0.75 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for BofI Holding (NASDAQ:BOFI)2017 EPS Consensus Estimate: $2.71
2018 EPS Consensus Estimate: $2.39
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.45 | $2.38 | $1.03 |
| Q2 2017 | 3 | $0.45 | $0.56 | $0.50 |
| Q3 2017 | 3 | $0.61 | $0.67 | $0.65 |
| Q4 2017 | 3 | $0.51 | $0.57 | $0.54 |
| Q1 2018 | 2 | $0.49 | $0.51 | $0.50 |
| Q2 2018 | 2 | $0.53 | $0.53 | $0.53 |
| Q3 2018 | 2 | $0.74 | $0.75 | $0.75 |
| Q4 2018 | 2 | $0.59 | $0.63 | $0.61 |
(Data provided by Zacks Investment Research)
Dividend History for BofI Holding (NASDAQ:BOFI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for BofI Holding (NASDAQ:BOFI)Insider Ownership Percentage: 6.34%
Institutional Ownership Percentage: 88.97%
Insider Trades by Quarter for BofI Holding (NASDAQ:BOFI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 2/24/2017 | Mosich Nick | Director | Sell | 3,500 | $30.57 | $106,995.00 | |
| 12/13/2016 | Mosich Nick | Director | Sell | 6,532 | $28.48 | $186,031.36 | |
| 11/29/2016 | Theodore C Allrich | Director | Sell | 10,000 | $25.05 | $250,500.00 | |
| 11/22/2016 | Theodore C Allrich | Director | Sell | 5,000 | $24.25 | $121,250.00 | |
| 2/19/2016 | James John Court | Director | Buy | 2,000 | $16.77 | $33,540.00 | |
| 2/11/2016 | Andrew J Micheletti | CFO | Buy | 1,000 | $13.69 | $13,690.00 | |
| 12/9/2015 | Gregory Garrabrants | CEO | Buy | 1,000 | $18.47 | $18,470.00 | |
| 12/8/2015 | Gregory Garrabrants | CEO | Buy | 2,000 | $18.99 | $37,980.00 | |
| 11/4/2015 | Gregory Garrabrants | CEO | Buy | 1,605 | $93.91 | $150,725.55 | |
| 11/3/2015 | Gregory Garrabrants | CEO | Buy | 6,670 | $91.40 | $609,638.00 | |
| 8/25/2015 | Edward James Ratinoff | Director | Sell | 1,073 | $122.25 | $131,174.25 | |
| 8/18/2015 | James John Court | Director | Sell | 1,282 | $131.55 | $168,647.10 | |
| 8/13/2015 | Theodore C Allrich | Director | Sell | 4,319 | $130.59 | $564,018.21 | |
| 12/12/2014 | John Gary Burke | Director | Sell | 7,100 | $77.50 | $550,250.00 | |
| 11/14/2014 | John Gary Burke | Director | Sell | 3,801 | $80.33 | $305,334.33 | |
| 6/11/2014 | Edward James Ratinoff | Director | Sell | 1,988 | $77.36 | $153,791.68 | |
| 9/12/2013 | James John Court | Director | Sell | 1,569 | $63.64 | $99,851.16 | |
| 8/29/2013 | John Gary Burke | Director | Sell | 20,000 | $64.92 | $1,298,400.00 | |
| 8/16/2013 | Theodore Allrich | Director | Sell | 2,000 | $68.01 | $136,020.00 | |
| 8/12/2013 | Paul Grinberg | Director | Sell | 23,800 | $66.55 | $1,583,890.00 | |
| 11/23/2012 | Theodore C Allrich | Director | Sell | 5,000 | $26.90 | $134,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for BofI Holding (NASDAQ:BOFI)
Latest Headlines for BofI Holding (NASDAQ:BOFI)
| Source: |
|
| Date | Headline |
|---|
 | BofI Holding, Inc. (BOFI) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 18 at 8:36 PM |
| BofI Holding, Inc. (BOFI) Upgraded to "Strong-Buy" at BidaskClub
www.americanbankingnews.com - August 13 at 1:30 PM |
 | See what the IHS Markit Score report has to say about BofI Holding Inc.
finance.yahoo.com - August 10 at 5:49 PM |
 | BofI Holding, Inc. Named Top-5 Performing Bank by Bank Director for 3 - Business Wire (press release)
www.businesswire.com - August 8 at 4:27 PM |
| BofI Holding, Inc. Named Top-5 Performing Bank by Bank Director for 3rd Consecutive Year
finance.yahoo.com - August 7 at 5:10 PM |
| Zacks: Brokerages Anticipate BofI Holding, Inc. (BOFI) to Post $0.50 Earnings Per Share
www.americanbankingnews.com - August 4 at 6:26 PM |
 | BofI Holding, Inc. Continues to Bank Big Returns, Investing in Keeping the Growth Going - Motley Fool
www.fool.com - August 1 at 5:31 PM |
| BofI Holding, Inc. Continues to Bank Big Returns, Investing in Keeping the Growth Going
www.fool.com - August 1 at 10:10 AM |
| BofI Holding, Inc. (NASDAQ:BOFI) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - July 31 at 4:47 PM |
| DA Davidson Research Analysts Decrease Earnings Estimates for BofI Holding, Inc. (BOFI)
www.americanbankingnews.com - July 31 at 8:47 AM |
| This Group Could Be Worth $24 Trillion by 2020 -- Here's How to Invest in Them
finance.yahoo.com - July 30 at 4:09 PM |
 | Noteworthy Friday Option Activity: CACC, ALGN, BOFI - Nasdaq
www.nasdaq.com - July 28 at 6:09 PM |
| BofI Holding's Growth Story Is Still Alive and Well in 2017 - Motley Fool
www.fool.com - July 28 at 6:09 PM |
| BofI Holding's Growth Story Is Still Alive and Well in 2017
finance.yahoo.com - July 28 at 6:09 PM |
| Edited Transcript of BOFI earnings conference call or presentation 27-Jul-17 9:00pm GMT
finance.yahoo.com - July 28 at 6:09 PM |
| BofI Holding's Growth Story Is Still Alive and Well in 2017
www.fool.com - July 28 at 12:50 PM |
 | BofI Holding's (BOFI) CEO Greg Garrabrants on Q4 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 28 at 3:16 AM |
| Bofi misses Street 4Q forecasts
finance.yahoo.com - July 27 at 10:12 PM |
| BofI Holding, Inc. Announces Record Net Income for Fiscal 2017, up 13.0% - Business Wire (press release)
www.businesswire.com - July 27 at 5:09 PM |
| BofI Federal Bank Announces Expansion of H&R Block®-Branded Financial Products
finance.yahoo.com - July 27 at 5:09 PM |
| BofI Holding, Inc. Announces Record Net Income for Fiscal 2017, up 13.0%
finance.yahoo.com - July 27 at 5:09 PM |
| How BofI Holding Makes Most of Its Money
www.fool.com - July 27 at 8:25 AM |
| BofI Holding, Inc. (BOFI) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 24 at 8:52 PM |
| ETFs with exposure to BofI Holding, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 4:05 PM |
| Noteworthy Friday Option Activity: BOFI, PX, PETS - Nasdaq
www.nasdaq.com - July 21 at 6:13 PM |
| BofI Holding, Inc. (BOFI) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:40 AM |
 | Form 4 BofI Holding, Inc. For: Jul 12 Filed by: Walsh Derrick
www.streetinsider.com - July 18 at 11:08 PM |
| Form 4 BofI Holding, Inc. For: Jul 12 Filed by: Walsh Derrick - StreetInsider.com
www.streetinsider.com - July 17 at 10:04 PM |
| $94.19 Million in Sales Expected for BofI Holding, Inc. (BOFI) This Quarter
www.americanbankingnews.com - July 15 at 8:42 AM |
| 3 Stocks With Tesla-Like Return Potential -- The Motley Fool - Motley Fool
www.fool.com - July 14 at 6:35 PM |
| ETFs with exposure to BofI Holding, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 6:35 PM |
| Zacks: Brokerages Anticipate BofI Holding, Inc. (NASDAQ:BOFI) Will Announce Earnings of $0.51 Per Share
www.americanbankingnews.com - July 13 at 12:31 PM |
 | Savings and Loans Stocks on Investors' Radar -- Investors Bancorp ... - PR Newswire (press release)
www.prnewswire.com - July 12 at 5:14 PM |
| BofI Holding, Inc. to Announce Fourth Quarter 2017 Results on July 27, 2017 - Business Wire (press release)
www.businesswire.com - July 11 at 5:38 PM |
| BofI Holding, Inc. to Announce Fourth Quarter 2017 Results on July 27, 2017
finance.yahoo.com - July 10 at 4:42 PM |
| Form 4 BofI Holding, Inc. For: Jun 30 Filed by: Garrabrants Gregory
www.streetinsider.com - July 3 at 9:49 PM |
| 2 Top Bank Stocks to Buy In 2017
finance.yahoo.com - June 30 at 4:43 PM |
| Noteworthy Wednesday Option Activity: MKC, BOFI, UFS
www.nasdaq.com - June 28 at 4:43 PM |
| BofI Holding, Inc. – Value Analysis (NASDAQ:BOFI) : June 28, 2017
finance.yahoo.com - June 28 at 4:43 PM |
| BofI Holding, Inc. (BOFI) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 27 at 4:44 PM |
| BofI Holding, Inc. breached its 50 day moving average in a Bullish Manner : BOFI-US : June 27, 2017
finance.yahoo.com - June 27 at 4:14 PM |
| 3 Value Stocks for Long-Term Investors
finance.yahoo.com - June 24 at 4:10 PM |
| BofI Holding, Inc. (BOFI) Expected to Post Quarterly Sales of $94.19 Million
www.americanbankingnews.com - June 21 at 10:38 AM |
| BofI Holding, Inc. (BOFI) Lifted to Hold at BidaskClub
www.americanbankingnews.com - June 20 at 9:50 PM |
| BofI Holding, Inc. (BOFI) Expected to Post Earnings of $0.51 Per Share
www.americanbankingnews.com - June 19 at 12:22 PM |
| 3 Stocks With Amazon-Like Growth Potential - Motley Fool
www.fool.com - June 19 at 11:57 AM |
| DA Davidson Reiterates "Buy" Rating for BofI Holding, Inc. (BOFI)
www.americanbankingnews.com - June 12 at 6:06 PM |
| BofI Holding, Inc. (BOFI) Cut to "Buy" at ValuEngine
www.americanbankingnews.com - June 12 at 12:10 AM |
| Why BofI Holding Inc. Shareholders Have Nothing to Worry About - Motley Fool
www.fool.com - June 9 at 9:34 PM |
| Why BofI Holding Inc. Shareholders Have Nothing to Worry About
finance.yahoo.com - June 9 at 4:33 PM |
BofI Holding (BOFI) Chart for Saturday, August, 19, 2017
