<div id="readability-page-1"><p>Axos Financial (NYSE:AX - Get Free Report) declared that its board has approved a share repurchase plan on Monday, May 12th, RTT News reports. The company plans to repurchase $100.00 million in  outstanding  shares. This repurchase authorization allows the company to repurchase up to 2.5% of its stock  through open market purchases. Stock  repurchase plans are usually a sign that the company's board believes its stock is undervalued.</p><div><p><span></span><span>Get <strong>Axos Financial</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Buffett's Top 5 Stock Holdings Ahead of Next 13F Filing</li></ul><p>Several research firms have recently commented on AX. Needham &amp; Company LLC  restated a &#34;buy&#34; rating and set a $88.00 price target on shares of Axos Financial in a research report on Thursday, May 1st. Piper Sandler lowered their price target on Axos Financial from $84.00 to $80.00 and set an &#34;overweight&#34; rating for the company in a research report on Thursday, May 1st. Raymond James  restated an &#34;outperform&#34; rating and set a $72.00 price target (down from $80.00) on shares of Axos Financial in a research report on Friday, May 2nd. Keefe, Bruyette &amp; Woods lowered their price target on Axos Financial from $91.00 to $90.00 and set a &#34;market perform&#34; rating for the company in a research report on Wednesday, January 29th. Finally, DA Davidson lowered their price target on Axos Financial from $88.00 to $84.00 and set a &#34;buy&#34; rating for the company in a research report on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and four have assigned  a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $81.50.</p><p><b>Get Our Latest Research Report on Axos Financial</b></p><h2>Axos Financial Stock Up 4.9%</h2><ul><li>American Express: Affluent Customers Don’t Leave Home Without It </li></ul><p>NYSE:AX traded up $3.40 during midday trading on Monday, reaching $72.19. The company had a trading volume of 341,503 shares, compared to its average volume of 521,051. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 9.70 and a beta of 1.25. The stock's fifty day simple moving average is $62.92 and its 200-day simple moving average is $69.68. Axos Financial has a 12-month low of $44.10 and a 12-month high of $88.46. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. </p><p>Axos Financial (NYSE:AX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.74 by $0.07. The company had revenue of $432.72 million during the quarter, compared to the consensus estimate of $305.04 million. Axos Financial had a return on equity of 18.67% and a net margin of 22.10%. During the same period in the previous year, the business earned $1.91 EPS.  On average, sell-side analysts anticipate that  Axos Financial will post 7.22 earnings per share for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><ul><li>American Express Is a Stock You Want to Own in 2025</li></ul><p>In other news, Director Paul Grinberg sold 30,000 shares of Axos Financial stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $68.09, for a total transaction of $2,042,700.00. Following the sale, the director now owns 113,295 shares in the company, valued at approximately $7,714,256.55. The trade was a 20.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, Director Sara Wardell-Smith bought 3,000 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average price of $64.73 per share, for a total transaction of $194,190.00. Following the transaction, the director now directly owns 10,250 shares of the company's stock, valued at approximately $663,482.50. This represents a 41.38% increase in their position. The disclosure for this purchase can be found here. 5.07% of the stock is owned by company insiders. </p><h2>Axos Financial Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Axos Financial</li><li>What is diluted earnings per share (Diluted EPS)?</li><li>Palantir’s Latest Deal Could Put a Freeze on Its Stock Price</li><li>How to Evaluate a Stock Before Buying </li><li>4 Automaker Stocks React to Tariffs: Winners and Losers</li><li>About the Markup Calculator</li><li>Here's Why Call Option Traders Love Dutch Bros Stock </li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Axos Financial Right Now?</h2><p>Before you consider Axos Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Axos Financial wasn't on the list.</p><p>While Axos Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Axos Financial (NYSE:AX) announced a stock repurchase plan on May 12, authorizing the repurchase of up to $100 million in shares, representing 2.5% of its stock. This move suggests management believes the shares are undervalued. Recent analyst ratings include a "buy" from Needham with a target of $88, while Piper Sandler lowered their target to $80. The stock rose 4.9% to $72.19 following the announcement, with an average target price of $81.50 from analysts.</p>

Stock Repurchase Plan Announced by Axos Financial (NYSE:AX) Board of Directors