Q3 EPS Estimates for AXIS Capital Boosted by Zacks Research

AXIS Capital Holdings Limited (NYSE:AXS - Free Report) - Research analysts at Zacks Research lifted their Q3 2025 earnings per share (EPS) estimates for AXIS Capital in a research report issued on Thursday, November 28th. Zacks Research analyst T. De now forecasts that the insurance provider will earn $2.43 per share for the quarter, up from their previous forecast of $2.42. The consensus estimate for AXIS Capital's current full-year earnings is $10.89 per share. Zacks Research also issued estimates for AXIS Capital's FY2025 earnings at $11.64 EPS and Q3 2026 earnings at $3.06 EPS.

Several other brokerages have also commented on AXS. UBS Group boosted their price objective on AXIS Capital from $92.00 to $98.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Jefferies Financial Group increased their price objective on AXIS Capital from $88.00 to $95.00 and gave the company a "buy" rating in a research note on Wednesday, October 9th. TD Cowen increased their price objective on AXIS Capital from $118.00 to $127.00 and gave the company a "buy" rating in a research note on Wednesday, November 27th. Keefe, Bruyette & Woods increased their price objective on AXIS Capital from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Wednesday, November 6th. Finally, Wells Fargo & Company upped their target price on AXIS Capital from $74.00 to $78.00 and gave the company an "underweight" rating in a report on Thursday, October 10th. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $97.14.

AXIS Capital Price Performance

Shares of NYSE AXS traded up $0.91 during midday trading on Monday, hitting $93.95. 552,044 shares of the company's stock were exchanged, compared to its average volume of 571,319. AXIS Capital has a 12-month low of $53.49 and a 12-month high of $94.42. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.27. The company has a market cap of $7.86 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 0.31 and a beta of 0.90. The business's fifty day moving average price is $82.84 and its two-hundred day moving average price is $76.69.

AXIS Capital (NYSE:AXS - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $2.71 EPS for the quarter, topping the consensus estimate of $2.55 by $0.16. AXIS Capital had a return on equity of 19.24% and a net margin of 10.82%. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the previous year, the firm earned $2.34 earnings per share.

AXIS Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Monday, September 30th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 1.87%. The ex-dividend date was Monday, September 30th. AXIS Capital's dividend payout ratio (DPR) is presently 24.41%.

Hedge Funds Weigh In On AXIS Capital

A number of hedge funds and other institutional investors have recently made changes to their positions in AXS. DekaBank Deutsche Girozentrale increased its position in shares of AXIS Capital by 11.6% in the first quarter. DekaBank Deutsche Girozentrale now owns 37,887 shares of the insurance provider's stock valued at $2,353,000 after buying an additional 3,943 shares in the last quarter. GAMMA Investing LLC increased its holdings in AXIS Capital by 80.4% during the 2nd quarter. GAMMA Investing LLC now owns 507 shares of the insurance provider's stock worth $36,000 after purchasing an additional 226 shares during the period. Versant Capital Management Inc increased its holdings in shares of AXIS Capital by 55.6% in the 2nd quarter. Versant Capital Management Inc now owns 462 shares of the insurance provider's stock valued at $33,000 after acquiring an additional 165 shares during the last quarter. CWM LLC increased its holdings in shares of AXIS Capital by 66.4% in the 2nd quarter. CWM LLC now owns 11,142 shares of the insurance provider's stock valued at $787,000 after acquiring an additional 4,448 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its position in shares of AXIS Capital by 5.0% in the 2nd quarter. QRG Capital Management Inc. now owns 8,032 shares of the insurance provider's stock valued at $567,000 after purchasing an additional 383 shares during the period. Institutional investors own 93.44% of the company's stock.

About AXIS Capital

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.