NYSE:AX Axos Financial Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Axos Financial Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.74 +1.20 (+5.32 %) (As of 09/28/2020 02:45 PM ET) Add Compare Share Today's Range$23.11Now: $23.74▼$23.8850-Day Range$21.55MA: $24.23▼$25.3852-Week Range$13.69Now: $23.74▼$30.89Volume14,007 shsAverage Volume401,365 shsMarket Capitalization$1.42 billionP/E Ratio7.94Dividend YieldN/ABeta1.43 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial Media Axos Financial, Inc. operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the United States. The company offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; prime loans to customers secured by new and used automobiles; and term unsecured personal loans to individual borrowers, as well as overdraft lines of credit. In addition, the company offers prepaid card and refund transfer, debit card or ATM card, portfolio management, online bill payment, money transfer, overdraft protection, online and mobile banking, and text message banking services. 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 San Diego, California.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingAxos Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.38, Axos Financial has a forecasted upside of 16.0% from its current price of $23.60.Amount of Analyst CoverageAxos Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesAxos Financial has received 53 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAxos Financial has received 77 “underperform” votes. (Add your “underperform” vote.)Community SentimentAxos Financial has received 59.23% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Axos Financial and other stocks. Vote “Outperform” if you believe AX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAxos Financial does not currently pay a dividend.Dividend GrowthAxos Financial does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Axos Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.00% of the stock of Axos Financial is held by insiders.Percentage Held by Institutions74.20% of the stock of Axos Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Axos Financial are expected to grow by 8.80% in the coming year, from $2.50 to $2.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Axos Financial is 7.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Axos Financial is 7.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.83.Price to Book Value per Share RatioAxos Financial has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.48 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Federal savings institutions Sub-IndustryN/A SectorFinance Current SymbolNYSE:AX Previous Symbol CUSIPN/A CIKN/A Webaxosfinancial.com Phone858-649-2218Debt Debt-to-Equity Ratio0.40 Current Ratio1.09 Quick Ratio1.08Price-To-Earnings Trailing P/E Ratio7.94 Forward P/E Ratio9.50 P/E GrowthN/A Sales & Book Value Annual Sales$725.83 million Price / Sales1.95 Cash Flow$3.36 per share Price / Cash Flow7.07 Book Value$20.55 per share Price / Book1.16Profitability EPS (Most Recent Fiscal Year)$3.10 Net Income$183.44 million Net Margins25.24% Return on Equity16.22% Return on Assets1.51%Miscellaneous Employees1,099 Outstanding Shares59,703,000Market Cap$1.42 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $23.74 +1.20 (+5.32 %) (As of 09/28/2020 02:45 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive AX News and Ratings via Email Sign-up to receive the latest news and ratings for AX and its competitors with MarketBeat's FREE daily newsletter. Axos Financial (NYSE:AX) Frequently Asked Questions How has Axos Financial's stock price been impacted by COVID-19? Axos Financial's stock was trading at $18.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AX shares have increased by 28.3% and is now trading at $23.75. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Axos Financial? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axos Financial in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axos Financial. When is Axos Financial's next earnings date? Axos Financial is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Axos Financial. How were Axos Financial's earnings last quarter? Axos Financial Inc (NYSE:AX) issued its earnings results on Wednesday, July, 29th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.24. The company earned $146 million during the quarter, compared to analysts' expectations of $133.72 million. Axos Financial had a net margin of 25.24% and a return on equity of 16.22%. Axos Financial's revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.68 earnings per share. View Axos Financial's earnings history. What price target have analysts set for AX? 4 brokers have issued 1-year target prices for Axos Financial's stock. Their forecasts range from $26.00 to $28.50. On average, they expect Axos Financial's stock price to reach $27.38 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View analysts' price targets for Axos Financial. Who are some of Axos Financial's key competitors? Some companies that are related to Axos Financial include People's United Financial (PBCT), TFS Financial (TFSL), Umpqua (UMPQ), BankUnited (BKU), Flagstar Bancorp (FBC), Capitol Federal Financial (CFFN), Columbia Financial (CLBK), OceanFirst Financial (OCFC), Provident Financial Services (PFS), Brookline Bancorp (BRKL), Kearny Financial (KRNY), First Defiance Financial (FDEF), Northfield Bancorp (NFBK), NASB Financial (NASB) and Waterstone Financial (WSBF). View all competitors. 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), Square (SQ), Trade Desk (TTD), Netflix (NFLX), Appian (APPN), salesforce.com (CRM), IQIYI (IQ), JD.Com (JD) and Roku (ROKU). Who are Axos Financial's key executives? Axos Financial's management team includes the following people: Mr. Gregory Garrabrants C.F.A., J.D., Pres, CEO & Director (Age 47)Mr. Andrew J. Micheletti CPA(inactive), Exec. VP & CFO (Age 62)Mr. Eshel Bar-Adon, Exec. VP of Specialty Fin. & Strategic Partnerships and Chief Legal Officer (Age 64)Mr. Thomas M. Constantine, Exec. VP & Chief Credit Officer (Age 57)Mr. Brian Swanson, Exec. VP & Chief Lending Officer (Age 39) What is Axos Financial's stock symbol? Axos Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "AX." Who are Axos Financial's major shareholders? Axos Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.00%), Epoch Investment Partners Inc. (3.46%), Robeco Institutional Asset Management B.V. (1.72%), Wasatch Advisors Inc. (1.59%), Bank of New York Mellon Corp (1.25%) and Shaker Investments LLC OH (1.08%). Company insiders that own Axos Financial stock include Eshel Bar-Adon and J Brandon Black. View institutional ownership trends for Axos Financial. Which major investors are selling Axos Financial stock? AX stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Epoch Investment Partners Inc., Formula Growth Ltd., Balyasny Asset Management LLC, Wasatch Advisors Inc., Pembroke Management LTD, Goldman Sachs Group Inc., and Bank of New York Mellon Corp. View insider buying and selling activity for Axos Financial. Which major investors are buying Axos Financial stock? AX stock was purchased by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Marshall Wace LLP, Prudential Financial Inc., Foundry Partners LLC, Robeco Institutional Asset Management B.V., Cubist Systematic Strategies LLC, Tudor Investment Corp Et Al, and Charles Schwab Investment Management Inc.. Company insiders that have bought Axos Financial stock in the last two years include Eshel Bar-Adon, and J Brandon Black. View insider buying and selling activity for Axos Financial. How do I buy shares of Axos Financial? Shares of AX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Axos Financial's stock price today? One share of AX stock can currently be purchased for approximately $23.75. How big of a company is Axos Financial? Axos Financial has a market capitalization of $1.42 billion and generates $725.83 million in revenue each year. The company earns $183.44 million in net income (profit) each year or $3.10 on an earnings per share basis. Axos Financial employs 1,099 workers across the globe. What is Axos Financial's official website? The official website for Axos Financial is axosfinancial.com. How can I contact Axos Financial? Axos Financial's mailing address is 9205 West Russell Road STE 400, Las Vegas NV, 89148. The company can be reached via phone at 858-649-2218 or via email at [email protected] This page was last updated on 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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 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 Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
