Axos Financial, Inc (NYSE:AX – Free Report) – Stock analysts at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for shares of Axos Financial in a research report issued on Friday, June 27th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings of $7.37 per share for the year, up from their previous forecast of $7.35. DA Davidson currently has a “Buy” rating and a $84.00 price target on the stock. The consensus estimate for Axos Financial’s current full-year earnings is $7.22 per share. DA Davidson also issued estimates for Axos Financial’s Q4 2025 earnings at $1.84 EPS and FY2026 earnings at $7.71 EPS.
Axos Financial (NYSE:AX – Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.74 by $0.07. Axos Financial had a return on equity of 17.58% and a net margin of 21.93%. The company had revenue of $432.72 million during the quarter, compared to analyst estimates of $305.04 million. During the same period in the previous year, the business earned $1.91 EPS.
Read Our Latest Research Report on Axos Financial
Axos Financial Price Performance
NYSE:AX opened at $76.77 on Monday. Axos Financial has a 12 month low of $54.46 and a 12 month high of $88.46. The stock has a 50 day moving average of $69.63 and a two-hundred day moving average of $68.08. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.19. The firm has a market cap of $4.33 billion, a P/E ratio of 10.46 and a beta of 1.29.
Axos Financial announced that its Board of Directors has authorized a share buyback plan on Monday, May 12th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.
Insider Buying and Selling at Axos Financial
In other Axos Financial news, Director Paul Grinberg sold 30,000 shares of the firm’s stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $68.09, for a total transaction of $2,042,700.00. Following the transaction, the director now owns 113,295 shares of the company’s stock, valued at approximately $7,714,256.55. This trade represents a 20.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.07% of the stock is owned by insiders.
Hedge Funds Weigh In On Axos Financial
Several hedge funds have recently made changes to their positions in AX. New York State Common Retirement Fund grew its holdings in shares of Axos Financial by 1.1% during the first quarter. New York State Common Retirement Fund now owns 17,143 shares of the company’s stock worth $1,106,000 after buying an additional 181 shares during the last quarter. Versor Investments LP grew its holdings in shares of Axos Financial by 5.3% during the fourth quarter. Versor Investments LP now owns 4,000 shares of the company’s stock worth $279,000 after buying an additional 200 shares during the last quarter. SummerHaven Investment Management LLC grew its holdings in shares of Axos Financial by 1.6% during the first quarter. SummerHaven Investment Management LLC now owns 13,386 shares of the company’s stock worth $864,000 after buying an additional 206 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Axos Financial by 1.4% during the first quarter. Exchange Traded Concepts LLC now owns 15,844 shares of the company’s stock worth $1,022,000 after buying an additional 223 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of Axos Financial by 3.4% during the fourth quarter. Stifel Financial Corp now owns 7,310 shares of the company’s stock worth $511,000 after buying an additional 241 shares during the last quarter. Hedge funds and other institutional investors own 83.79% of the company’s stock.
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.
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