DA Davidson Raises FY2026 EPS Estimates for Axos Financial

Analysts from DA Davidson have recently updated their earnings per share (EPS) estimates for Axos Financial, Inc. (NYSE:AX). In a research report released on Thursday, December 19th, analyst G. Tenner adjusted the projections for fiscal year 2026, increasing the EPS estimate to $7.26, up from the previous forecast of $7.20. This comes in comparison to the consensus estimate for the current full-year earnings, which stands at $7.07 per share.

Axos Financial had a notable performance in its most recent quarterly earnings report, announcing an EPS of $1.96 for the quarter ending October 30th. This figure surpassed analysts' expectations of $1.80, representing a $0.16 beat. The company's impressive performance is highlighted by a return on equity of 18.99% and a net profit margin of 24.07%. During this quarter, Axos Financial recorded revenue of $512.87 million, significantly exceeding the anticipated $299.59 million. This marks an increase from $1.41 earned per share in the same quarter last year.

Recent Analyst Ratings and Price Targets

Axos Financial has been the subject of several analyses from different financial institutions. Recently, StockNews.com upgraded the company’s shares from a "sell" rating to a "hold" rating. Additionally, Keefe, Bruyette & Woods raised their price target for Axos Financial from $74.00 to $91.00 while maintaining a "market perform" rating. Needham & Company LLC also increased their target price from $82.00 to $85.00 and reiterated a "buy" rating. However, Wedbush set a lower price target, adjusting it from $80.00 to $75.00 while giving a "neutral" rating. Presently, three analysts are rating the stock as a hold, while another three suggest a buy. According to data from MarketBeat.com, Axos Financial has garnered an average rating of "Moderate Buy" with an average price target of approximately $83.20.

Current Stock Performance

Axos Financial's stock opened at $71.12 on the most recent trading day and has a market capitalization of $4.06 billion. The stock features a price-to-earnings (P/E) ratio of 8.61 and carries a beta value of 1.42. Over the last year, shares have fluctuated between a low of $44.10 and a high of $88.46. Financially, the company holds a debt-to-equity ratio of 0.17, with both a current and quick ratio of 1.08. Looking at recent price movements, the stock has a 50-day moving average of $75.20 and a 200-day moving average of $67.02.

Insider Transactions

In recent insider news, CEO Gregory Garrabrants sold 125,000 shares of Axos Financial stock on November 6th, receiving an average price of $81.89, which totaled $10,236,250. Following this sale, Garrabrants now owns 1,340,377 shares of the company, valued at $109,763,472.53, representing an 8.53% decrease in his ownership. Furthermore, Director Edward James Ratinoff sold 4,002 shares on November 15th for an average price of $79.41, a transaction amounting to $317,798.82, leaving him with 46,209 remaining shares valued at around $3,669,456.69. Currently, insiders own 5.07% of the stock.

Institutional Ownership Trends

There have also been recent movements among institutional investors regarding their stakes in Axos Financial. Notably, 1620 Investment Advisors Inc. acquired a fresh position in the stock during the second quarter, estimated at roughly $49,000. Louisiana State Employees Retirement System slightly increased their position by 1.6%, now holding 25,500 shares worth $1,457,000 after adding 400 additional shares. Argent Capital Management LLC boosted its holdings by 39.6% this same quarter, acquiring 2,375 more shares to own 8,374 total shares valued at $479,000. Allspring Global Investments also increased their position by 15.3% with an additional 31,890 shares, taking their total to 239,781 shares valued at $13,703,000. Institutions currently control about 83.79% of the company's stock.

About Axos Financial

Axos Financial is a financial services company that offers a variety of consumer and business banking products across the United States. It operates through two primary segments: the Banking Business and the Securities Business. The company provides several deposit products, including consumer and business checking accounts, savings accounts, and various types of money market accounts.

Axos, Financial, Earnings