Zacks Research Decreases Earnings Estimates for AXIS Capital

AXIS Capital Holdings Limited (NYSE:AXS - Free Report) - Research analysts at Zacks Research decreased their Q2 2025 earnings estimates for shares of AXIS Capital in a research report issued on Monday, October 28th. Zacks Research analyst T. De now anticipates that the insurance provider will earn $3.08 per share for the quarter, down from their previous forecast of $3.10. The consensus estimate for AXIS Capital's current full-year earnings is $10.72 per share. Zacks Research also issued estimates for AXIS Capital's FY2025 earnings at $11.58 EPS, Q3 2026 earnings at $2.46 EPS and FY2026 earnings at $12.96 EPS.

AXIS Capital (NYSE:AXS - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.21. The firm had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.57 billion. AXIS Capital had a net margin of 11.28% and a return on equity of 19.70%. During the same period in the prior year, the firm earned $2.34 EPS.

AXS has been the topic of several other reports. Keefe, Bruyette & Woods raised their target price on shares of AXIS Capital from $86.00 to $88.00 and gave the stock an "outperform" rating in a report on Wednesday, August 7th. Roth Mkm raised their target price on shares of AXIS Capital from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, July 31st. TD Cowen began coverage on shares of AXIS Capital in a report on Friday, October 4th. They set a "buy" rating and a $118.00 target price on the stock. Bank of America raised their target price on shares of AXIS Capital from $81.00 to $96.00 and gave the stock a "buy" rating in a report on Thursday, October 10th. Finally, Jefferies Financial Group raised their target price on shares of AXIS Capital from $88.00 to $95.00 and gave the stock a "buy" rating in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $92.86.

AXIS Capital Stock Performance

AXIS Capital stock traded down $2.57 during trading hours on Thursday, hitting $78.26. The company had a trading volume of 994,557 shares, compared to its average volume of 579,151. AXIS Capital has a one year low of $52.90 and a one year high of $83.19. The firm has a 50-day moving average of $79.33 and a 200 day moving average of $73.36. The firm has a market cap of $6.59 billion, a PE ratio of 10.85, a PEG ratio of 0.27 and a beta of 0.89. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.62 and a quick ratio of 0.62.

Institutional Trading of AXIS Capital

Several large investors have recently made changes to their positions in the company. Versant Capital Management Inc boosted its position in AXIS Capital by 55.6% in the second quarter. Versant Capital Management Inc now owns 462 shares of the insurance provider's stock valued at $33,000 after buying an additional 165 shares in the last quarter. GAMMA Investing LLC boosted its position in AXIS Capital by 80.4% in the second quarter. GAMMA Investing LLC now owns 507 shares of the insurance provider's stock valued at $36,000 after buying an additional 226 shares in the last quarter. Covestor Ltd boosted its position in AXIS Capital by 45.9% in the first quarter. Covestor Ltd now owns 588 shares of the insurance provider's stock valued at $38,000 after buying an additional 185 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its position in AXIS Capital by 32.6% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 602 shares of the insurance provider's stock valued at $43,000 after buying an additional 148 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in AXIS Capital by 424.6% in the third quarter. Blue Trust Inc. now owns 1,217 shares of the insurance provider's stock valued at $97,000 after buying an additional 985 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

AXIS Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Monday, September 30th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.76 annualized dividend and a dividend yield of 2.25%. AXIS Capital's dividend payout ratio is 24.41%.

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.