Axos Financial - AX Stock Forecast, Price & News

4 Wall Street 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 analysts is that investors should "buy" AX shares.
View AX analyst ratings or view top-rated stocks.

4 brokers have issued 12-month price targets for Axos Financial's shares. Their AX share price forecasts range from $48.00 to $56.00. On average, they anticipate the company's stock price to reach $51.00 in the next twelve months. This suggests a possible upside of 34.0% 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 shares have decreased by 0.4% and is now trading at $38.07.
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Axos Financial saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 2,620,000 shares, an increase of 21.3% from the February 28th total of 2,160,000 shares. Based on an average trading volume of 453,200 shares, the days-to-cover ratio is currently 5.8 days. Currently, 4.9% 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) announced its quarterly earnings results on Thursday, January, 26th. The company reported $1.38 EPS 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 analysts' expectations of $217.27 million. Axos Financial had a net margin of 27.07% and a trailing twelve-month return on equity of 17.06%. The business's quarterly revenue was up 29.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.04 earnings per share.

ETFs with the largest weight of Axos Financial (NYSE:AX) stock in their portfolio include Schwab Crypto Thematic ETF (STCE), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), First Trust Small Cap Value AlphaDEX Fund (FYT), Avantis U.S. Small Cap Equity ETF (AVSC), Avantis U.S. Small Cap Value ETF (AVUV) and iShares S&P Small-Cap 600 Growth ETF (IJT).

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 institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.82%), Fred Alger Management LLC (1.83%), Geode Capital Management LLC (1.70%), Davis Asset Management L.P. (1.69%), Jarislowsky Fraser Ltd (1.48%) and Epoch Investment Partners Inc. (1.47%). 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 $38.07.

Axos Financial (NYSE:AX) has a market capitalization of $2.28 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.