AXIS Capital (AXS) to Release Earnings on Wednesday

AXIS Capital (NYSE:AXS - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect AXIS Capital to post earnings of $2.66 per share and revenue of $1.83 billion for the quarter.

AXIS Capital (NYSE:AXS - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The insurance provider reported $2.97 earnings per share for the quarter, beating analysts' consensus estimates of $2.68 by $0.29. AXIS Capital had a return on equity of 18.89% and a net margin of 18.16%. On average, analysts expect AXIS Capital to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

AXIS Capital Price Performance

Shares of NYSE AXS traded down $0.76 during trading hours on Friday, reaching $94.88. 593,511 shares of the stock traded hands, compared to its average volume of 602,616. The company's 50-day simple moving average is $94.61 and its two-hundred day simple moving average is $90.03. The company has a market capitalization of $7.46 billion, a P/E ratio of 7.68, a price-to-earnings-growth ratio of 3.96 and a beta of 0.67. AXIS Capital has a 52-week low of $60.64 and a 52-week high of $101.42. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.27.

AXIS Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend was Monday, March 31st. AXIS Capital's payout ratio is presently 14.25%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AXS. Keefe, Bruyette & Woods dropped their target price on shares of AXIS Capital from $120.00 to $114.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. JMP Securities reissued a "market perform" rating on shares of AXIS Capital in a report on Monday, February 3rd. UBS Group upped their target price on shares of AXIS Capital from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Wednesday, April 9th. StockNews.com upgraded AXIS Capital from a "hold" rating to a "buy" rating in a research report on Saturday, April 12th. Finally, Jefferies Financial Group upped their price objective on AXIS Capital from $116.00 to $119.00 and gave the company a "buy" rating in a research report on Friday, April 11th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $106.75.

Insider Activity

In related news, Director Charles A. Davis sold 2,139,037 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $93.50, for a total transaction of $199,999,959.50. Following the completion of the transaction, the director now owns 2,404,133 shares of the company's stock, valued at $224,786,435.50. This trade represents a 47.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.70% of the company's stock.

AXIS Capital Company Profile

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.