Axos Financial (AX) Stock Forecast, Price & News

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 "buy" AX shares.
View AX analyst ratings or view top-rated stocks.

4 analysts have issued 1 year price targets for Axos Financial's shares. Their AX share price forecasts range from $47.00 to $58.00. On average, they expect the company's share price to reach $49.67 in the next year. This suggests a possible upside of 20.1% from the stock's current price.
View analysts price targets for AX or view top-rated stocks among Wall Street analysts.

Axos Financial's stock was trading at $38.22 on January 1st, 2023. Since then, AX stock has increased by 8.2% and is now trading at $41.34.
View the best growth stocks for 2023 here.

Axos Financial saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,820,000 shares, an increase of 7.3% from the April 15th total of 3,560,000 shares. Based on an average daily volume of 579,500 shares, the short-interest ratio is presently 6.6 days. Currently, 7.3% of the shares of the company are short sold.
View Axos Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our AX earnings forecast.

Axos Financial, Inc. (NYSE:AX) released its earnings results on Thursday, April, 27th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.14. The firm had revenue of $231.23 million for the quarter, compared to the consensus estimate of $222.94 million. Axos Financial had a net margin of 25.02% and a trailing twelve-month return on equity of 17.46%. The business's revenue was up 29.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 earnings per share.

ETFs with the largest weight of Axos Financial (NYSE:AX) stock in their portfolio include 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), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Small Cap Value AlphaDEX Fund (FYT) and Avantis U.S. Small Cap Equity ETF (AVSC).

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.

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).

Axos Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AX."

Axos Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.73%), State Street Corp (4.52%), Dimensional Fund Advisors LP (4.17%), Wasatch Advisors LP (2.63%), Ameriprise Financial Inc. (2.30%) and Davis Asset Management L.P. (2.03%). Insiders that own company stock include Andrew J Micheletti, Brian D Swanson, David X Park, Mosich Nick, Paul Grinberg, Ron Pitters and Thomas M Constantine.
View institutional ownership trends.

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.
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One share of AX stock can currently be purchased for approximately $41.34.

Axos Financial (NYSE:AX) has a market capitalization of $2.44 billion and generates $773.09 million in revenue each year. The company earns $240.72 million in net income (profit) each year or $4.60 on an earnings per share basis.

The company employs 1,335 workers across the globe.

Axos Financial's mailing address is 9205 West Russell Road STE 400, Las Vegas NV, 89148. The official website for the company is axosfinancial.com. The company can be reached via phone at (858) 649-2218, via email at investors@axosfinancial.com, or via fax at 858-350-0443.