Axos Financial (AX) Stock Forecast, Price & News

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

4 equities research analysts have issued 1 year price objectives for Axos Financial's stock. Their AX share price forecasts range from $48.00 to $63.00. On average, they predict the company's share price to reach $54.60 in the next twelve months. This suggests a possible upside of 42.6% 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 at the beginning of 2023. Since then, AX shares have increased by 0.2% and is now trading at $38.28.
View the best growth stocks for 2023 here.

Axos Financial saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 4,540,000 shares, an increase of 9.7% from the July 31st total of 4,140,000 shares. Based on an average daily volume of 443,300 shares, the days-to-cover ratio is currently 10.2 days. Approximately 8.6% 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, October 26th 2023.
View our AX earnings forecast.

Axos Financial, Inc. (NYSE:AX) issued its quarterly earnings results on Thursday, July, 27th. The company reported $1.50 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.23. The business earned $236.46 million during the quarter, compared to analysts' expectations of $227.98 million. Axos Financial had a net margin of 24.04% and a trailing twelve-month return on equity of 18.00%.

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).

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.21%), State Street Corp (5.00%), Dimensional Fund Advisors LP (4.31%), Wasatch Advisors LP (2.51%), Geode Capital Management LLC (1.81%) and Epoch Investment Partners Inc. (1.58%). 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.

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 $38.28.

Axos Financial (NYSE:AX) has a market capitalization of $2.30 billion and generates $890.18 million in revenue each year. The company earns $307.17 million in net income (profit) each year or $5.10 on an earnings per share basis.

The company employs 1,455 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.