Zacks Research Reduces Earnings Estimates for AXIS Capital

AXIS Capital Holdings Limited (NYSE:AXS - Free Report) - Equities researchers at Zacks Research cut their Q1 2025 earnings estimates for AXIS Capital in a report issued on Tuesday, March 25th. Zacks Research analyst T. De now forecasts that the insurance provider will earn $2.61 per share for the quarter, down from their previous estimate of $2.62. The consensus estimate for AXIS Capital's current full-year earnings is $11.19 per share. Zacks Research also issued estimates for AXIS Capital's Q3 2025 earnings at $2.62 EPS, Q2 2026 earnings at $3.46 EPS and Q3 2026 earnings at $3.34 EPS.

Other equities research analysts have also issued research reports about the company. Keefe, Bruyette & Woods upped their price target on AXIS Capital from $118.00 to $120.00 and gave the company an "outperform" rating in a research report on Friday. JMP Securities restated a "market perform" rating on shares of AXIS Capital in a report on Monday, February 3rd. Wells Fargo & Company decreased their price objective on shares of AXIS Capital from $89.00 to $85.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 14th. BMO Capital Markets started coverage on shares of AXIS Capital in a report on Monday, January 13th. They issued a "market perform" rating and a $93.00 target price on the stock. Finally, StockNews.com upgraded AXIS Capital from a "hold" rating to a "buy" rating in a report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $100.50.

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AXIS Capital Trading Up 0.6 %

Shares of NYSE:AXS traded up $0.58 during mid-day trading on Thursday, reaching $99.65. 87,763 shares of the company's stock were exchanged, compared to its average volume of 598,542. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.60 and a current ratio of 0.60. AXIS Capital has a twelve month low of $60.45 and a twelve month high of $101.42. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 3.96 and a beta of 0.91. The business's fifty day moving average price is $93.00 and its 200-day moving average price is $87.91.

AXIS Capital (NYSE:AXS - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The insurance provider reported $2.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.68 by $0.29. AXIS Capital had a net margin of 18.16% and a return on equity of 18.89%.

AXIS Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.44 per share. The ex-dividend date is Monday, March 31st. This represents a $1.76 dividend on an annualized basis and a yield of 1.77%. AXIS Capital's dividend payout ratio (DPR) is presently 14.25%.

Insiders Place Their Bets

In other news, Director Charles A. Davis sold 2,139,037 shares of the business's stock in a transaction dated 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 sale, the director now directly owns 2,404,133 shares of the company's stock, valued at $224,786,435.50. The trade was a 47.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.50% of the company's stock.

Hedge Funds Weigh In On AXIS Capital

A number of hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of AXIS Capital by 60.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 27,658 shares of the insurance provider's stock worth $2,451,000 after buying an additional 10,393 shares in the last quarter. Jefferies Financial Group Inc. boosted its position in AXIS Capital by 197.7% in the fourth quarter. Jefferies Financial Group Inc. now owns 24,542 shares of the insurance provider's stock worth $2,175,000 after purchasing an additional 16,298 shares during the last quarter. Mackenzie Financial Corp bought a new position in AXIS Capital in the 4th quarter valued at $610,000. Forum Financial Management LP bought a new position in AXIS Capital in the 4th quarter valued at $254,000. Finally, Vise Technologies Inc. purchased a new stake in shares of AXIS Capital during the 4th quarter valued at $224,000. Institutional investors and hedge funds own 93.44% 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.