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Axos Financial
AX

$63.47
3.66%

Market Cap: $3.61B

 

About: Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking business segment and securities business segment . The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.

Employees: 1,781

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]

21% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 39

3% more funds holding

Funds holding: 305 [Q1] → 313 (+8) [Q2]

5% more capital invested

Capital invested by funds: $2.64B [Q1] → $2.77B (+$130M) [Q2]

0.87% less ownership

Funds ownership: 86.07% [Q1] → 85.21% (-0.87%) [Q2]

23% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 124

33% less call options, than puts

Call options by funds: $33.6M | Put options by funds: $50M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$79
24%
upside
Avg. target
$81
28%
upside
High target
$84
32%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
Keefe, Bruyette & Woods
Kelly Motta
71% 1-year accuracy
10 / 14 met price target
24%upside
$79
Market Perform
Downgraded
1 Aug 2024
Raymond James
David Feaster
89% 1-year accuracy
25 / 28 met price target
28%upside
$81
Outperform
Maintained
31 Jul 2024
Wedbush
David Chiaverini
65% 1-year accuracy
34 / 52 met price target
26%upside
$80
Neutral
Maintained
31 Jul 2024
Piper Sandler
Andrew Liesch
78% 1-year accuracy
21 / 27 met price target
32%upside
$84
Overweight
Maintained
31 Jul 2024

Financial journalist opinion

Based on 16 articles about AX published over the past 30 days