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AXIS Capital (AXS) Stock Price, News & Analysis

AXIS Capital logo
$86.59 +1.21 (+1.42%)
(As of 11/20/2024 ET)

About AXIS Capital Stock (NYSE:AXS)

Key Stats

Today's Range
$85.20
$86.62
50-Day Range
$76.29
$86.73
52-Week Range
$53.49
$86.92
Volume
391,632 shs
Average Volume
476,523 shs
Market Capitalization
$7.24 billion
P/E Ratio
12.01
Dividend Yield
2.03%
Price Target
$95.86
Consensus Rating
Moderate Buy

Company Overview

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. This segment also provides marine and aviation insurance services for offshore energy, renewable offshore energy, cargo, liability, including kidnap and ransom, fine art, specie, and hull war, hull and liability, and specific war coverage for passenger airlines, cargo operations, general aviation operations, airports, aviation authorities, security firms, and product manufacturers; personal accident, travel insurance, specialty health products for employer and affinity groups, and pet insurance products; and liability, cyber, and credit and political risk insurance services. The Reinsurance segment offers agriculture, marine and aviation, catastrophe, accidental and health, credit and surety, motor, professional, travel, life, engineering, property, and liability reinsurance products. AXIS Capital Holdings Limited was founded in 2001 and is headquartered in Pembroke, Bermuda.

AXIS Capital Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

AXS MarketRank™: 

AXIS Capital scored higher than 98% of companies evaluated by MarketBeat, and ranked 14th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AXIS Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 6 buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    AXIS Capital has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about AXIS Capital's stock forecast and price target.
  • Earnings Growth

    Earnings for AXIS Capital are expected to grow by 6.98% in the coming year, from $10.89 to $11.65 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AXIS Capital is 12.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AXIS Capital is 12.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.

  • Price to Earnings Growth Ratio

    AXIS Capital has a PEG Ratio of 0.29. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    AXIS Capital has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about AXIS Capital's valuation and earnings.
  • Percentage of Shares Shorted

    1.32% of the float of AXIS Capital has been sold short.
  • Short Interest Ratio / Days to Cover

    AXIS Capital has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AXIS Capital has recently decreased by 3.81%, indicating that investor sentiment is improving.
  • Dividend Yield

    AXIS Capital pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    AXIS Capital has been increasing its dividend for 23 years.

  • Dividend Coverage

    The dividend payout ratio of AXIS Capital is 24.41%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, AXIS Capital will have a dividend payout ratio of 15.11% next year. This indicates that AXIS Capital will be able to sustain or increase its dividend.

  • Read more about AXIS Capital's dividend.
  • Percentage of Shares Shorted

    1.32% of the float of AXIS Capital has been sold short.
  • Short Interest Ratio / Days to Cover

    AXIS Capital has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AXIS Capital has recently decreased by 3.81%, indicating that investor sentiment is improving.
  • News Sentiment

    AXIS Capital has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for AXIS Capital this week, compared to 6 articles on an average week.
  • Search Interest

    Only 4 people have searched for AXS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added AXIS Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AXIS Capital insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.50% of the stock of AXIS Capital is held by insiders.

  • Percentage Held by Institutions

    93.44% of the stock of AXIS Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AXIS Capital's insider trading history.
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AXS Stock News Headlines

Zacks Research Decreases Earnings Estimates for AXIS Capital
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Axis Capital (AXS) Receives a Rating Update from a Top Analyst
See More Headlines

AXS Stock Analysis - Frequently Asked Questions

AXIS Capital's stock was trading at $55.37 at the beginning of the year. Since then, AXS shares have increased by 56.4% and is now trading at $86.59.
View the best growth stocks for 2024 here
.

AXIS Capital Holdings Limited (NYSE:AXS) released its quarterly earnings data on Wednesday, October, 30th. The insurance provider reported $2.71 EPS for the quarter, topping analysts' consensus estimates of $2.55 by $0.16. The insurance provider earned $1.61 billion during the quarter, compared to analysts' expectations of $1.57 billion. AXIS Capital had a trailing twelve-month return on equity of 19.24% and a net margin of 10.82%.

Top institutional shareholders of AXIS Capital include Janus Henderson Group PLC (2.42%), River Road Asset Management LLC (2.16%), State Street Corp (2.00%) and Jennison Associates LLC (1.94%). Insiders that own company stock include Henry B Smith, W Marston Becker, Stanley A Galanski and Michael Millegan.
View institutional ownership trends
.

Shares of AXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that AXIS Capital investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), General Electric (GE) and ServiceNow (NOW).

Company Calendar

Ex-Dividend for 10/18 Dividend
9/30/2024
Dividend Payable
10/18/2024
Last Earnings
10/30/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/29/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
G0692U10
Employees
2,048
Year Founded
2001

Price Target and Rating

Average Stock Price Target
$95.86
High Stock Price Target
$118.00
Low Stock Price Target
$78.00
Potential Upside/Downside
+10.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$376.29 million
Pretax Margin
9.31%

Debt

Sales & Book Value

Annual Sales
$5.85 billion
Cash Flow
$10.57 per share
Book Value
$55.29 per share

Miscellaneous

Free Float
83,237,000
Market Cap
$7.24 billion
Optionable
Optionable
Beta
0.90

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This page (NYSE:AXS) was last updated on 11/21/2024 by MarketBeat.com Staff
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