DA Davidson Raises Earnings Estimates for Axos Financial

Axos Financial, Inc. (NYSE:AX) – Stock analysts at DA Davidson boosted their FY2026 earnings per share (EPS) estimates for shares of Axos Financial in a report released on Friday, November 1st. DA Davidson analyst G. Tenner now expects that the company will post earnings per share of $7.20 for the year, up from their prior forecast of $7.18. The consensus estimate for Axos Financial’s current full-year earnings is $6.97 per share.

Axos Financial (NYSE:AX) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.16. The business had revenue of $512.87 million for the quarter, compared to analyst estimates of $299.59 million. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. During the same quarter in the previous year, the firm earned $1.41 earnings per share.

A number of other research analysts have also weighed in on AX. Wedbush cut their price objective on Axos Financial from $80.00 to $75.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th. Piper Sandler boosted their price objective on Axos Financial from $68.00 to $84.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Keefe, Bruyette & Woods raised their target price on Axos Financial from $72.00 to $74.00 and gave the stock a “market perform” rating in a report on Friday. Needham & Company LLC upped their price objective on Axos Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, Raymond James lifted their target price on shares of Axos Financial from $67.00 to $81.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $79.80.

Axos Financial Stock Down 1.0 %

NYSE:AX opened at $65.21 on Monday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.17. The company’s 50 day moving average is $64.88 and its two-hundred day moving average is $61.66. Axos Financial has a twelve month low of $32.05 and a twelve month high of $79.15. The company has a market cap of $3.72 billion, a PE ratio of 7.96 and a beta of 1.38.

Insider Activity at Axos Financial

In other news, EVP Andrew J. Micheletti sold 5,197 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $63.13, for a total value of $328,086.61. Following the transaction, the executive vice president now owns 424,149 shares in the company, valued at $26,776,526.37. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 5.07% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Axos Financial

Several hedge funds and other institutional investors have recently modified their holdings of the business. American Century Companies Inc. increased its stake in shares of Axos Financial by 26.2% in the 2nd quarter. American Century Companies Inc. now owns 1,549,748 shares of the company’s stock worth $88,568,000 after acquiring an additional 321,494 shares during the last quarter. Emerald Advisers LLC lifted its stake in Axos Financial by 14.4% during the 3rd quarter. Emerald Advisers LLC now owns 505,544 shares of the company’s stock worth $31,789,000 after acquiring an additional 63,458 shares in the last quarter. Emerald Mutual Fund Advisers Trust lifted its stake in Axos Financial by 10.5% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 422,460 shares of the company’s stock worth $26,564,000 after acquiring an additional 40,184 shares in the last quarter. Millennium Management LLC boosted its holdings in Axos Financial by 107.9% during the 2nd quarter. Millennium Management LLC now owns 367,251 shares of the company’s stock valued at $20,988,000 after acquiring an additional 190,584 shares during the period. Finally, Stieven Capital Advisors L.P. boosted its position in Axos Financial by 1.4% in the 2nd quarter. Stieven Capital Advisors L.P. now owns 328,433 shares of the company’s stock valued at $18,770,000 after buying an additional 4,400 shares during the period. 83.79% of the stock is owned by hedge funds and other institutional investors.

About Axos Financial

Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts.