Axos Financial (NYSE:AX – Get Free Report) had its price objective hoisted by stock analysts at Keefe, Bruyette & Woods from $105.00 to $110.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price points to a potential upside of 11.67% from the stock’s current price.
AX has been the subject of several other reports. Zacks Research cut Axos Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Weiss Ratings upgraded Axos Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. Raymond James Financial upgraded shares of Axos Financial from an “outperform” rating to a “strong-buy” rating and cut their price target for the stock from $110.00 to $100.00 in a report on Tuesday, April 7th. Benchmark initiated coverage on shares of Axos Financial in a research report on Wednesday, July 8th. They set a “buy” rating and a $115.00 price target for the company. Finally, Needham & Company LLC upped their price objective on shares of Axos Financial from $110.00 to $128.00 and gave the company a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $113.33.
Check Out Our Latest Stock Report on AX
Axos Financial Price Performance
Axos Financial (NYSE:AX – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $2.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.37. Axos Financial had a return on equity of 16.48% and a net margin of 22.53%.The company had revenue of $379.77 million during the quarter, compared to analyst estimates of $375.54 million. During the same quarter last year, the business posted $1.94 EPS. On average, equities research analysts predict that Axos Financial will post 8.38 EPS for the current year.
Insider Buying and Selling at Axos Financial
In other news, EVP Michael James Watson sold 1,653 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $83.77, for a total transaction of $138,471.81. Following the completion of the sale, the executive vice president owned 4,592 shares of the company’s stock, valued at $384,671.84. The trade was a 26.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Roque A. Santi sold 500 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $87.77, for a total transaction of $43,885.00. Following the transaction, the director owned 7,646 shares of the company’s stock, valued at approximately $671,089.42. This trade represents a 6.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 4.85% of the company’s stock.
Institutional Investors Weigh In On Axos Financial
Several large investors have recently bought and sold shares of the company. Eurizon Capital SGR S.p.A. purchased a new position in shares of Axos Financial in the fourth quarter valued at approximately $26,000. Basepoint Wealth LLC purchased a new position in Axos Financial in the 4th quarter valued at $28,000. Brown Brothers Harriman & Co. acquired a new stake in Axos Financial during the 3rd quarter worth $29,000. State of Wyoming purchased a new stake in shares of Axos Financial during the first quarter worth $30,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Axos Financial by 294.7% in the second quarter. EverSource Wealth Advisors LLC now owns 446 shares of the company’s stock valued at $34,000 after buying an additional 333 shares during the last quarter. 83.79% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Axos Financial
Here are the key news stories impacting Axos Financial this week:
- Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Axos reported adjusted earnings of $2.53 per share, above the roughly $2.15–$2.16 consensus estimate, while revenue reached $379.77 million versus expectations of $375.54 million. Adjusted EPS also increased from $1.94 a year earlier. Axos Financial Beats Q4 Earnings and Revenue Estimates
- Positive Sentiment: Underlying profitability improved year over year. Fiscal fourth-quarter net income rose to $124.9 million from $110.7 million, and reported diluted EPS increased to $2.16 from $1.92 in the prior-year period. Axos posted a 22.53% net margin and 16.48% return on equity. Axos Financial Reports Fiscal Year 2026 Results
- Positive Sentiment: Management projects continued loan growth. Axos forecast low- to mid-teens loan growth and expects its net interest margin to remain stable, signaling confidence in lending demand and core banking performance. Axos Forecasts Loan Growth and Stable Net Interest Margin
- Neutral Sentiment: The Arc integration adds a near-term cost consideration. Management expects approximately $1 million per month in incremental expenses from the integration, which could restrain operating leverage even as the acquisition supports longer-term growth.
Axos Financial Company Profile
Axos Financial, Inc (NYSE: AX) is a diversified online banking and financial services holding company headquartered in San Diego, California. The firm traces its origins to 1999 with the launch of Bank of Internet USA and rebranded as Axos Financial in December 2018 to reflect an expanded suite of digital offerings. Axos Financial operates through its wholly owned subsidiary, Axos Bank, providing a technology-driven banking platform that serves both retail and commercial clients across the United States.
Through its digital banking platform, Axos Financial delivers a range of deposit products, including checking and savings accounts, money market and certificate of deposit accounts, as well as individual retirement accounts.
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