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
- Sub-Industry: Thrifts & Mortgage Finance
- Symbol: NASDAQ:BOFI
- CUSIP: 05566U10
- Web: www.bofiholding.com
Capitalization:- Market Cap: $1.73 billion
- Outstanding Shares: 63,605,000
Average Prices:- 50 Day Moving Avg: $26.66
- 200 Day Moving Avg: $25.24
- 52 Week Range: $17.95 - $32.57
P/E:- Trailing P/E Ratio: 13.08
- Foreward P/E Ratio: 9.79
- P/E Growth: 1.11
Sales & Book Value:- Annual Revenue: $370.3 million
- Price / Sales: 4.67
- Book Value: $13.05 per share
- Price / Book: 2.09
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: 619,544 shs.
- Beta: 0.4
- Short Ratio: 39.13
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 earnings results on Tuesday, April, 25th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.63 by $0.00. The firm had revenue of $111.73 million for the quarter, compared to the consensus estimate of $109.89 million. BofI Holding had a net margin of 29.53% and a return on equity of 17.35%. During the same period last 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 target prices 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 twelve months. View Analyst Ratings for BofI Holding.
Are investors shorting BofI Holding?
BofI Holding saw a drop in short interest during the month of August. As of August 15th, there was short interest totalling 23,754,209 shares, a drop of 6.7% from the July 31st total of 25,450,093 shares. Based on an average daily volume of 676,299 shares, the days-to-cover ratio is currently 35.1 days. Currently, 42.6% of the shares of the stock are short sold.
Who are some of BofI Holding's key competitors?
Some companies that are related to BofI Holding include Ita? CorpBanca (ITCB), Valley National Bancorp (VLY), Washington Federal (WAFD), BancorpSouth (BXS), TCF Financial (TCF), TCF Financial Corporation (TCF), Glacier Bancorp (GBCI), Community Bank System (CBU), Metro Bank PLC (MTRO), Cybg Plc (CYBG), International Bancshares Corporation (IBOC), CVB Financial Corporation (CVBF), Old National Bancorp (ONB), First Midwest Bancorp (FMBI), Close Brothers Group plc (CBG), Astoria Financial Corporation (AF), First Interstate BancSystem (FIBK) and Capital Bank Financial Corp. (CBF).
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 variety of of retail and institutional investors. Top institutional investors 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, 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 acquired 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 $27.21.
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 (20.05% 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 9/25/2015 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: 6.24%
Institutional Ownership Percentage: 88.15%
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 |
|---|
 | Here's Why the Best Is Yet to Come for BofI Holding - Motley Fool
www.fool.com - September 22 at 10:55 AM |
| Better Buy: BofI Holding, Inc. vs. Ally Financial -- The Motley Fool - Motley Fool
www.fool.com - September 22 at 10:55 AM |
| Better Buy: BofI Holding, Inc. vs. Ally Financial
www.fool.com - September 21 at 8:36 AM |
 | Here's Why the Best Is Yet to Come for BofI Holding
finance.yahoo.com - September 20 at 5:26 PM |
| BofI Holding, Inc. Makes Fortune Magazine’s 100 Fastest-Growing Companies List
finance.yahoo.com - September 20 at 5:26 PM |
| Here's Why the Best Is Yet to Come for BofI Holding
www.fool.com - September 20 at 8:08 AM |
| 3 Growth Stocks for Nest-Egg Building -- The Motley Fool - Motley Fool
www.fool.com - September 19 at 4:43 PM |
 | Bullish Two Hundred Day Moving Average Cross - BOFI - Nasdaq.com - Nasdaq
www.nasdaq.com - September 14 at 5:21 PM |
 | BofI Holding, Inc. (BOFI) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - September 12 at 8:44 PM |
 | Stock Performance Review on Savings and Loans Industry -- BofI Holding, Brookline Bancorp, Capitol Federal Financial, and Investors Bancorp
www.bizjournals.com - September 12 at 5:05 PM |
| ETFs with exposure to BofI Holding, Inc. : September 12, 2017
finance.yahoo.com - September 11 at 10:22 PM |
| BofI Holding, Inc. breached its 50 day moving average in a Bearish Manner : BOFI-US : September 8, 2017
finance.yahoo.com - September 8 at 5:04 PM |
| ETFs with exposure to BofI Holding, Inc. : August 31, 2017
finance.yahoo.com - August 31 at 9:35 PM |
 | Form 4 BofI Holding, Inc. For: Aug 26 Filed by: Nick Mosich
www.streetinsider.com - August 30 at 5:59 PM |
| BofI Holding, Inc. (BOFI) Downgraded to "Buy" at ValuEngine
www.americanbankingnews.com - August 27 at 2:26 PM |
| BofI Holding, Inc. (BOFI) Short Interest Update
www.americanbankingnews.com - August 27 at 2:22 AM |
| Form 4 BofI Holding, Inc. For: Aug 24 Filed by: Micheletti Andrew J
www.streetinsider.com - August 25 at 6:21 PM |
| BofI Holding, Inc. :BOFI-US: Earnings Analysis: 2017 By the Numbers : August 25, 2017
finance.yahoo.com - August 25 at 6:21 PM |
| Form 4 BofI Holding, Inc. For: Aug 24 Filed by: Micheletti Andrew J - StreetInsider.com
www.streetinsider.com - August 25 at 4:19 AM |
| BofI Holding Inc (BOFI) Files 10-K for the Fiscal Year Ended on June 30, 2017 - Nasdaq
www.nasdaq.com - August 25 at 4:19 AM |
| Why I Love BofI Holding Inc. -- The Motley Fool - Motley Fool
www.fool.com - August 24 at 9:43 PM |
| Analysts Expect BofI Holding, Inc. (BOFI) Will Announce Quarterly Sales of $93.97 Million
www.americanbankingnews.com - August 24 at 1:44 AM |
| Why I Love BofI Holding Inc.
finance.yahoo.com - August 23 at 9:54 PM |
| BofI Holding, Inc. (BOFI) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 19 at 7:46 PM |
| 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 |
BofI Holding (BOFI) Chart for Monday, September, 25, 2017
