Should I buy or sell Axos Financial stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axos Financial in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AX shares. View AX analyst ratings or view top-rated stocks .

What is Axos Financial's stock price target for 2024?

4 brokerages have issued 12-month price objectives for Axos Financial's stock. Their AX share price targets range from $45.00 to $63.00. On average, they predict the company's share price to reach $53.75 in the next year. This suggests a possible upside of 23.5% from the stock's current price. View analysts price targets for AX or view top-rated stocks among Wall Street analysts .

How have AX shares performed in 2023?

Axos Financial's stock was trading at $38.22 on January 1st, 2023. Since then, AX stock has increased by 13.9% and is now trading at $43.53. View the best growth stocks for 2023 here .

Are investors shorting Axos Financial?

Axos Financial saw a increase in short interest in November. As of November 15th, there was short interest totaling 7,680,000 shares, an increase of 18.2% from the October 31st total of 6,500,000 shares. Based on an average trading volume of 786,100 shares, the days-to-cover ratio is currently 9.8 days. Approximately 14.8% of the shares of the stock are short sold. View Axos Financial's Short Interest .

When is Axos Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our AX earnings forecast .

How were Axos Financial's earnings last quarter?

Axos Financial, Inc. (NYSE:AX) issued its quarterly earnings results on Thursday, October, 26th. The company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.06. The company had revenue of $245.66 million for the quarter, compared to analyst estimates of $241.52 million. Axos Financial had a net margin of 23.25% and a trailing twelve-month return on equity of 18.03%.

What ETFs hold Axos Financial's stock?

ETFs with the largest weight of Axos Financial (NYSE:AX) stock in their portfolio include The Acquirers Fund (ZIG) , Schwab Crypto Thematic ETF (STCE) , AdvisorShares Alpha DNA Equity Sentiment ETF (SENT) , Invesco S&P SmallCap Financials ETF (PSCF) , SPDR S&P Regional Banking ETF (KRE) , Direxion Daily Regional Banks Bull 3x Shares (DPST) and Avantis U.S. Small Cap Equity ETF (AVSC) . SPDR S&P 600 Small Cap ETF (SLY) .

What is Gregory Garrabrants' approval rating as Axos Financial's CEO?

78 employees have rated Axos Financial Chief Executive Officer Gregory Garrabrants on Glassdoor.com . Gregory Garrabrants has an approval rating of 61% among the company's employees. This puts Gregory Garrabrants in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Axos Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axos Financial investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , Block (SQ) , Trade Desk (TTD) , Appian (APPN) , iQIYI (IQ) , Netflix (NFLX) , Roku (ROKU) , Alteryx (AYX) and Salesforce (CRM) .

Who are Axos Financial's major shareholders?

Axos Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Davis Asset Management L.P. (2.60%), American Century Companies Inc. (2.42%), Ameriprise Financial Inc. (2.38%), FMR LLC (1.46%), Morgan Stanley (1.17%) and Loomis Sayles & Co. L P (1.11%). Insiders that own company stock include Andrew J Micheletti , Brian D Swanson, David X Park, Gregory Garrabrants, Mosich Nick , Paul Grinberg, Ron Pitters and Thomas M Constantine . View institutional ownership trends .

How do I buy shares of Axos Financial?

Shares of AX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Axos Financial Stock Price, News & Analysis (NYSE:AX)

$43.53

+1.79 (+4.29%)

(As of 12/4/2023 ET)

Compare

Today's Range: $41.23
▼
$43.92
50-Day Range: $33.37
▼
$41.74
52-Week Range: $32.05
▼
$51.46

Volume: 1.23 million shs
Average Volume: 572,714 shs
Market Capitalization: $2.51 billion

P/E Ratio: 7.90
Dividend Yield: N/A
Price Target: $53.75

Axos Financial MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 23.5% Upside
$53.75 Price Target
Short Interest: Bearish
14.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.30
Based on 5 Articles This Week
Insider Trading: Selling Shares
$213,100 Sold Last Quarter
Proj. Earnings Growth: 5.25%
From $5.52 to $5.81 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Finance Sector

464th out of 823 stocks

Federal Savings Institutions Industry

23rd out of 39 stocks

2.4

Analyst's Opinion

Consensus Rating
Axos Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $53.75, Axos Financial has a forecasted upside of 23.5% from its current price of $43.53.
Amount of Analyst Coverage
Axos Financial has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
14.75% of the float of Axos Financial has been sold short.
Short Interest Ratio / Days to Cover
Axos Financial has a short interest ratio ("days to cover") of 9.8.
Change versus previous month
Short interest in Axos Financial has recently increased by 18.15%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Axos Financial does not currently pay a dividend.
Dividend Growth
Axos Financial does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AX.

1.8

News and Social Media Coverage

News Sentiment
Axos Financial has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Axos Financial this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for AX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
2 people have added Axos Financial to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axos Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $213,100.00 in company stock.
Percentage Held by Insiders
Only 4.82% of the stock of Axos Financial is held by insiders.
Percentage Held by Institutions
80.23% of the stock of Axos Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Axos Financial are expected to grow by 5.25% in the coming year, from $5.52 to $5.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axos Financial is 7.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axos Financial is 7.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.63.
Price to Book Value per Share Ratio
Axos Financial has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Axos Financial Stock (NYSE:AX)

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. It also provides residential single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text message banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.

AX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AX Stock News Headlines

December 1, 2023 | markets.businessinsider.com

Piper Sandler Keeps Their Sell Rating on Territorial Bancorp (TBNK)

December 1, 2023 | money.usnews.com

Wordline Shares Surge on Report Credit Agricole Could Take Stake

December 4, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.

November 30, 2023 | usatoday.com

Nationwide CD rates of November 2023

November 29, 2023 | finance.yahoo.com

Axos Announces the Election of Sara Wardell-Smith as an Independent Member of the Board of Directors

November 26, 2023 | latimes.com

Breaking Barriers

November 25, 2023 | cnn.com

Axos CashBack Checking account review 2023

November 24, 2023 | forbes.com

Best Online Checking Accounts Of November 2023

December 4, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

November 24, 2023 | morningstar.com

Axos Financial Inc AX

November 24, 2023 | americanbankingnews.com

Axos Financial, Inc. (NYSE:AX) Receives Consensus Rating of "Moderate Buy" from Brokerages

November 22, 2023 | cnn.com

Types of checking accounts

November 20, 2023 | fool.com

Axos Basic Business Checking Account Review

November 16, 2023 | fool.com

Act Now: Earn Up to $300 Opening One of These Checking Accounts

November 16, 2023 | finance.yahoo.com

Here's Why We Think Axos Financial (NYSE:AX) Might Deserve Your Attention Today

November 15, 2023 | newsweek.com

6 Best Business Checking Accounts of November 2023

November 15, 2023 | edition.cnn.com

Axos Bank Rewards Checking account review 2023

November 15, 2023 | finance.yahoo.com

Wolters Kluwer Names the Winner of Its 2023 Excellence in Data Analytics Award

November 14, 2023 | nasdaq.com

Axos Financial Inc. Shares Close the Day 16.4% Higher - Daily Wrap

November 13, 2023 | forbes.com

Best Business Bank Accounts Of November 2023

November 11, 2023 | msn.com

SoFi retreats, while F&G Annuities climbs: Week's financials roundup

October 31, 2023 | finance.yahoo.com

Donald Trump lender Axos hits back against short sellers

October 31, 2023 | finance.yahoo.com

Axos Advisor Services Expands Alternative Investment Capabilities with Crystal Capital Partners

October 31, 2023 | investing.com

Axos Financial sees positive outlook with potential 57% surge

October 30, 2023 | markets.businessinsider.com

Piper Sandler Keeps Their Hold Rating on First Hawaiian (FHB)

October 30, 2023 | finance.yahoo.com

The Axos Financial Inc (AX) Company: A Short SWOT Analysis

October 27, 2023 | finance.yahoo.com

Q1 2024 Axos Financial Inc Earnings Call

See More Headlines

Receive AX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Axos Financial and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 10/26/2023
Today: 12/04/2023
Next Earnings (Estimated): 1/25/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Federal savings institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:AX
CUSIP: N/A
CIK: 1299709
Web: axosfinancial.com
Phone: (858) 649-2218
Fax: 858-350-0443
Employees: 1,455
Year Founded: 2000

Price Target and Rating

Average Stock Price Target: $53.75
High Stock Price Target: $63.00
Low Stock Price Target: $45.00
Potential Upside/Downside: +23.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.51
Trailing P/E Ratio: 7.90
Forward P/E Ratio: 7.89
P/E Growth: N/A
Net Income: $307.17 million
Net Margins: 23.25%
Pretax Margin: 32.77%
Return on Equity: 18.03%
Return on Assets: 1.70%

Debt

Debt-to-Equity Ratio: 0.29
Current Ratio: 1.08
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $1.28 billion
Price / Sales: 1.97
Cash Flow: $6.11 per share
Price / Cash Flow: 7.12
Book Value: $32.30 per share
Price / Book: 1.35

Miscellaneous

Outstanding Shares: 57,730,000
Free Float: 54,949,000
Market Cap: $2.51 billion
Optionable: Optionable
Beta: 1.47

Beginners Guide To Retirement Stocks

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Gregory Garrabrants C.F.A. (Age 51)
J.D., President, CEO & Director
Comp: $5.38M
Mr. Derrick K. Walsh CPA (Age 41)
Executive VP & CFO
Comp: $785.25k
Mr. Thomas M. Constantine (Age 61)
Executive VP & Chief Credit Officer - Axos Bank
Comp: $817.2k
Mr. Raymond D. Matsumoto (Age 67)
Executive VP & COO - Axos Bank
Comp: $962.2k
Mr. David X. Park (Age 40)
Executive Vice President of Commercial Banking & Treasury Management - Axos Bank
Comp: $823.25k
Ms. Candace L. Thiele
Executive VP & Chief Administrative Officer
Mr. Johnny Y. Lai CFA
Senior Vice President of Corporate Development & Investor Relations
Mr. Eshel Bar-Adon (Age 68)
Executive VP of Specialty Finance & Chief Legal Officer
Comp: $671.4k
Mr. John Charles Tolla (Age 46)
Executive VP, Chief Governance, Risk & Compliance Officer
Mr. Andrew J. Micheletti CPA(inactive) (Age 66)
Executive Vice President of Finance
Comp: $586.6k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AX Stock Analysis - Frequently Asked Questions

Should I buy or sell Axos Financial stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axos Financial in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AX shares.
View AX analyst ratings or view top-rated stocks.
What is Axos Financial's stock price target for 2024?: 4 brokerages have issued 12-month price objectives for Axos Financial's stock. Their AX share price targets range from $45.00 to $63.00. On average, they predict the company's share price to reach $53.75 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for AX or view top-rated stocks among Wall Street analysts.
How have AX shares performed in 2023?: Axos Financial's stock was trading at $38.22 on January 1st, 2023. Since then, AX stock has increased by 13.9% and is now trading at $43.53.
View the best growth stocks for 2023 here.
Are investors shorting Axos Financial?: Axos Financial saw a increase in short interest in November. As of November 15th, there was short interest totaling 7,680,000 shares, an increase of 18.2% from the October 31st total of 6,500,000 shares. Based on an average trading volume of 786,100 shares, the days-to-cover ratio is currently 9.8 days. Approximately 14.8% of the shares of the stock are short sold.
View Axos Financial's Short Interest.
When is Axos Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our AX earnings forecast.
How were Axos Financial's earnings last quarter?: Axos Financial, Inc. (NYSE:AX) issued its quarterly earnings results on Thursday, October, 26th. The company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.06. The company had revenue of $245.66 million for the quarter, compared to analyst estimates of $241.52 million. Axos Financial had a net margin of 23.25% and a trailing twelve-month return on equity of 18.03%.

What ETFs hold Axos Financial's stock?: ETFs with the largest weight of Axos Financial (NYSE:AX) stock in their portfolio include The Acquirers Fund (ZIG), Schwab Crypto Thematic ETF (STCE), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST) and Avantis U.S. Small Cap Equity ETF (AVSC).SPDR S&P 600 Small Cap ETF (SLY).
What is Gregory Garrabrants' approval rating as Axos Financial's CEO?: 78 employees have rated Axos Financial Chief Executive Officer Gregory Garrabrants on Glassdoor.com. Gregory Garrabrants has an approval rating of 61% among the company's employees. This puts Gregory Garrabrants in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Axos Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Axos Financial investors own include NVIDIA (NVDA), Alibaba Group (BABA), Block (SQ), Trade Desk (TTD), Appian (APPN), iQIYI (IQ), Netflix (NFLX), Roku (ROKU), Alteryx (AYX) and Salesforce (CRM).
Who are Axos Financial's major shareholders?: Axos Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Davis Asset Management L.P. (2.60%), American Century Companies Inc. (2.42%), Ameriprise Financial Inc. (2.38%), FMR LLC (1.46%), Morgan Stanley (1.17%) and Loomis Sayles & Co. L P (1.11%). Insiders that own company stock include Andrew J Micheletti, Brian D Swanson, David X Park, Gregory Garrabrants, Mosich Nick, Paul Grinberg, Ron Pitters and Thomas M Constantine.
View institutional ownership trends.
How do I buy shares of Axos Financial?: Shares of AX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:AX) was last updated on 12/4/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial