Axos Financial, Inc. (NYSE:AX – Free Report) – Analysts at DA Davidson raised their FY2026 earnings per share (EPS) estimates for shares of Axos Financial in a research report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the company will earn $7.26 per share for the year, up from their prior estimate of $7.20. The consensus estimate for Axos Financial’s current full-year earnings is $7.07 per share.
Axos Financial (NYSE:AX – Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.16. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. The business had revenue of $512.87 million for the quarter, compared to analyst estimates of $299.59 million. During the same quarter last year, the company earned $1.41 earnings per share.
Axos Financial Price Performance
Axos Financial stock opened at $71.12 on Friday. The stock has a market capitalization of $4.06 billion, a P/E ratio of 8.61 and a beta of 1.42. Axos Financial has a 12-month low of $44.10 and a 12-month high of $88.46. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.08 and a quick ratio of 1.08. The firm’s 50-day moving average is $75.20 and its two-hundred day moving average is $67.02.
Insider Activity at Axos Financial
In other news, CEO Gregory Garrabrants sold 125,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $81.89, for a total value of $10,236,250.00. Following the completion of the sale, the chief executive officer now owns 1,340,377 shares of the company’s stock, valued at $109,763,472.53. This represents a 8.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Edward James Ratinoff sold 4,002 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $79.41, for a total transaction of $317,798.82. Following the completion of the transaction, the director now directly owns 46,209 shares in the company, valued at approximately $3,669,456.69. This represents a 7.97 % decrease in their position. The disclosure for this sale can be found here. 5.07% of the stock is owned by insiders.
Institutional Trading of Axos Financial
Institutional investors have recently added to or reduced their stakes in the business. 1620 Investment Advisors Inc. acquired a new position in shares of Axos Financial during the second quarter worth about $49,000. Louisiana State Employees Retirement System lifted its position in Axos Financial by 1.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 25,500 shares of the company’s stock worth $1,457,000 after acquiring an additional 400 shares in the last quarter. Argent Capital Management LLC boosted its holdings in Axos Financial by 39.6% in the 2nd quarter. Argent Capital Management LLC now owns 8,374 shares of the company’s stock worth $479,000 after acquiring an additional 2,375 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Axos Financial by 15.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 239,781 shares of the company’s stock worth $13,703,000 after acquiring an additional 31,890 shares during the period. Finally, Picton Mahoney Asset Management acquired a new stake in Axos Financial in the second quarter valued at approximately $166,000. 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.
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