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 twelve months. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AX shares.
View AX analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 1 year price targets for Axos Financial's stock. Their AX share price forecasts range from $48.00 to $56.00. On average, they expect the company's stock price to reach $51.00 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
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 33.8% and is now trading at $51.14.
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Axos Financial saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,060,000 shares, an increase of 7.9% from the December 15th total of 1,910,000 shares. Based on an average trading volume of 308,000 shares, the short-interest ratio is presently 6.7 days. Approximately 3.9% 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, April 27th 2023.
View our AX earnings forecast.

Axos Financial, Inc. (NYSE:AX) posted its quarterly earnings data on Thursday, January, 26th. The company reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.23 by $0.15. The firm had revenue of $228.24 million for the quarter, compared to the consensus estimate of $217.27 million. Axos Financial had a trailing twelve-month return on equity of 16.49% and a net margin of 28.47%. The business's quarterly revenue was up 29.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 earnings per share.

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 number of retail and institutional investors. Top institutional investors include Rice Hall James & Associates LLC (1.12%), Pembroke Management LTD (0.80%), Redwood Investments LLC (0.64%), CCG Wealth Management LLC (0.62%), Scout Investments Inc. (0.36%) and Allspring Global Investments Holdings LLC (0.25%). Insiders that own company stock include Andrew J Micheletti, Brian D Swanson, David X Park, Eshel Bar-Adon, J Brandon Black, Mosich Nick, Paul Grinberg, Ron Pitters and Thomas M Constantine.
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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 $51.14.

Axos Financial (NYSE:AX) has a market capitalization of $3.07 billion and generates $792.68 million in revenue each year. The company earns $240.72 million in net income (profit) each year or $4.30 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.