S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Most profitable less than $5 stock in the world? (Ad)pixel
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Most profitable less than $5 stock in the world? (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Most profitable less than $5 stock in the world? (Ad)pixel
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Most profitable less than $5 stock in the world? (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Most profitable less than $5 stock in the world? (Ad)pixel
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Most profitable less than $5 stock in the world? (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Most profitable less than $5 stock in the world? (Ad)pixel
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Most profitable less than $5 stock in the world? (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
NYSE:AX

Axos Financial - AX Stock Forecast, Price & News

$43.08
+0.28 (+0.65%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$42.25
$43.09
50-Day Range
$34.31
$43.08
52-Week Range
$34.11
$62.44
Volume
248,078 shs
Average Volume
348,626 shs
Market Capitalization
$2.57 billion
P/E Ratio
11.40
Dividend Yield
N/A
Price Target
$51.00

Axos Financial MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.2% Upside
$51.33 Price Target
Short Interest
Healthy
3.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.11mentions of Axos Financial in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$122,504 Sold Last Quarter
Proj. Earnings Growth
8.31%
From $4.09 to $4.43 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Finance Sector

480th out of 885 stocks

Federal Savings Institutions Industry

17th out of 38 stocks

AX stock logo

About Axos Financial (NYSE:AX) Stock

Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through Banking Business and Securities Business segments. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts. It also provides single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate term unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text messaging banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. 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 Las Vegas, Nevada.

Axos Financial Price Performance

AX Stock traded up $0.28 during midday trading on Tuesday, reaching $43.08. 248,078 shares of the company's stock traded hands, compared to its average volume of 348,626. The company has a 50-day simple moving average of $37.98 and a two-hundred day simple moving average of $43.03. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. Axos Financial has a 1-year low of $34.11 and a 1-year high of $62.44. The company has a market cap of $2.57 billion, a price-to-earnings ratio of 11.34 and a beta of 1.46.

Axos Financial (NYSE:AX - Get Rating) last announced its earnings results on Thursday, August 4th. The company reported $0.96 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by ($0.03). Axos Financial had a net margin of 31.52% and a return on equity of 16.50%. The business had revenue of $192.50 million during the quarter, compared to analyst estimates of $179.34 million. During the same quarter last year, the business posted $0.92 earnings per share. The business's quarterly revenue was up 21.5% compared to the same quarter last year. On average, analysts anticipate that Axos Financial will post 4.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AX. B. Riley dropped their price target on shares of Axos Financial from $58.00 to $49.00 in a research report on Monday, July 11th. Keefe, Bruyette & Woods upgraded Axos Financial from a "market perform" rating to an "outperform" rating and raised their target price for the stock from $52.00 to $56.00 in a research report on Monday, July 11th. Wedbush cut Axos Financial from an "outperform" rating to a "neutral" rating and set a $40.00 price target on the stock. in a research report on Thursday, June 30th. DA Davidson lifted their price objective on Axos Financial to $53.00 in a report on Tuesday. Finally, Piper Sandler lowered their target price on shares of Axos Financial from $62.00 to $50.00 in a report on Friday, April 29th.

Insiders Place Their Bets

In other news, Director Paul Grinberg sold 2,985 shares of the stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $41.04, for a total transaction of $122,504.40. Following the sale, the director now directly owns 59,749 shares of the company's stock, valued at $2,452,098.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 4.73% of the company's stock.

Receive AX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Axos Financial and its competitors with MarketBeat's FREE daily newsletter.

AX Stock News Headlines

Best Midwest Cities for Millennials
Axos Personal Loans Review 2022
Robo Advisory Global Market Report 2022
Axos Financial, Inc. Attending Investor Conferences
Axos Financial (AX) Q3 2022 Earnings Call Transcript
Axos Financial Tops Q3 EPS by 5c
Axos Financial's Earnings Outlook
See More Headlines
Receive AX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Axos Financial and its competitors with MarketBeat's FREE daily newsletter.

AX Company Calendar

Last Earnings
8/04/2022
Today
8/09/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
N/A
Sector
Finance
Employees
1,280
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$51.33
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+18.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$215.71 million
Pretax Margin
44.43%

Debt

Sales & Book Value

Annual Sales
$723.12 million
Cash Flow
$3.87 per share
Book Value
$23.65 per share

Miscellaneous

Free Float
56,688,000
Market Cap
$2.57 billion
Optionable
Optionable
Beta
1.46

Key Executives

  • Mr. Gregory Garrabrants C.F.A. (Age 50)
    J.D., Pres, CEO & Director
    Comp: $5.18M
  • Mr. Raymond D. Matsumoto (Age 66)
    Exec. VP & COO
    Comp: $731.4k
  • Mr. Eshel Bar-Adon (Age 67)
    Exec. VP of Specialty Fin. & Chief Legal Officer
    Comp: $671.4k
  • Mr. Andrew J. Micheletti CPA(inactive) (Age 65)
    Exec. VP of Fin.
    Comp: $506.4k
  • Mr. Brian D. Swanson (Age 42)
    Exec. VP & Head of Consumer Bank
    Comp: $792.75k
  • Mr. Derrick K. Walsh CPA (Age 39)
    Exec. VP, CFO & Chief Accounting Officer
  • Mr. Johnny Y. Lai CFA
    VP of Corp. Devel. & Investor Relations
  • Mr. John Charles Tolla (Age 45)
    Exec. VP, Chief Governance, Risk & Compliance Officer
  • Mr. Thomas M. Constantine (Age 60)
    Exec. VP & Chief Credit Officer
  • Mr. Craig Cross
    Chief Operating Officer of 1st Mortgage Lending













AX Stock - Frequently Asked Questions

Should I buy or sell Axos Financial stock right now?

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

What is Axos Financial's stock price forecast for 2022?

4 analysts have issued 1-year price targets for Axos Financial's shares. Their AX share price forecasts range from $40.00 to $60.00. On average, they expect the company's share price to reach $51.33 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for AX
or view top-rated stocks among Wall Street analysts.

How has Axos Financial's stock price performed in 2022?

Axos Financial's stock was trading at $55.91 on January 1st, 2022. Since then, AX shares have decreased by 22.9% and is now trading at $43.08.
View the best growth stocks for 2022 here
.

When is Axos Financial's next earnings date?

Axos Financial is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our AX earnings forecast
.

How were Axos Financial's earnings last quarter?

Axos Financial, Inc. (NYSE:AX) released its quarterly earnings results on Thursday, August, 4th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by $0.03. The firm had revenue of $192.50 million for the quarter, compared to analysts' expectations of $179.34 million. Axos Financial had a net margin of 31.52% and a trailing twelve-month return on equity of 16.50%. Axos Financial's revenue for the quarter was up 21.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 EPS.

What is Gregory Garrabrants' approval rating as Axos Financial's CEO?

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.

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), Block (SQ), Trade Desk (TTD), Appian (APPN), iQIYI (IQ), Netflix (NFLX), Roku (ROKU), Alteryx (AYX) and Salesforce (CRM).

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 number of institutional and retail investors. Top institutional investors include Geneva Capital Management LLC (1.54%), Rice Hall James & Associates LLC (1.39%), abrdn plc (1.30%), Jarislowsky Fraser Ltd (1.03%), Loomis Sayles & Co. L P (0.99%) and Pembroke Management LTD (0.83%). 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 and Thomas M Constantine.
View institutional ownership trends
.

How do I buy shares of Axos Financial?

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.
Compare Top Brokerages Here.

What is Axos Financial's stock price today?

One share of AX stock can currently be purchased for approximately $43.08.

How much money does Axos Financial make?

Axos Financial (NYSE:AX) has a market capitalization of $2.57 billion and generates $723.12 million in revenue each year. The company earns $215.71 million in net income (profit) each year or $3.78 on an earnings per share basis.

How many employees does Axos Financial have?

Axos Financial employs 1,280 workers across the globe.

How can I contact Axos Financial?

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.

This page (NYSE:AX) was last updated on 8/10/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.