DA Davidson Raises Earnings Estimates for Axos Financial

Axos Financial, Inc. (NYSE:AX) – Investment analysts at DA Davidson boosted their FY2026 earnings estimates for Axos Financial in a research note issued on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $7.26 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) last posted its earnings results on Wednesday, October 30th. The company reported $1.96 EPS for the quarter, topping 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 company had revenue of $512.87 million for the quarter, compared to the consensus estimate of $299.59 million. During the same period in the previous year, the business earned $1.41 earnings per share.

Several other analysts have also commented on AX. Wedbush lowered their price target on shares of Axos Financial from $80.00 to $75.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 24th. Needham & Company LLC raised their price objective on Axos Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. StockNews.com upgraded Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Axos Financial from $74.00 to $91.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Axos Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.20.

Axos Financial Price Performance

Axos Financial stock opened at $71.73 on Friday. The firm has a market capitalization of $4.10 billion, a PE ratio of 8.68 and a beta of 1.42. Axos Financial has a 52 week low of $44.10 and a 52 week high of $88.46. The firm’s 50-day simple moving average is $75.41 and its 200 day simple moving average is $67.05. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AX. Hancock Whitney Corp increased its stake in shares of Axos Financial by 1.3% in the third quarter. Hancock Whitney Corp now owns 10,931 shares of the company’s stock valued at $687,000 after purchasing an additional 142 shares during the period. Crossmark Global Holdings Inc. raised its stake in Axos Financial by 4.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,836 shares of the company’s stock valued at $241,000 after acquiring an additional 162 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Axos Financial by 5.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 5,291 shares of the company’s stock valued at $302,000 after acquiring an additional 266 shares in the last quarter. GAMMA Investing LLC boosted its position in Axos Financial by 45.7% during the 3rd quarter. GAMMA Investing LLC now owns 982 shares of the company’s stock worth $62,000 after acquiring an additional 308 shares during the period. Finally, Foundry Partners LLC grew its stake in shares of Axos Financial by 5.8% in the second quarter. Foundry Partners LLC now owns 5,779 shares of the company’s stock worth $330,000 after purchasing an additional 316 shares in the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Axos Financial news, Director Edward James Ratinoff sold 4,002 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $79.41, for a total value of $317,798.82. Following the transaction, the director now owns 46,209 shares of the company’s stock, valued at $3,669,456.69. This trade represents a 7.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gregory Garrabrants sold 125,000 shares of the business’s stock in a transaction that occurred 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 transaction, 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 position. The disclosure for this sale can be found here. 5.07% of the stock is currently owned by insiders.

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.