Axis Capital (AXS) Expected to Announce Quarterly Earnings on Tuesday

Axis Capital (NYSE:AXS - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect Axis Capital to post earnings of $2.92 per share and revenue of $1.68 billion for the quarter.

Axis Capital (NYSE:AXS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The insurance provider reported $3.17 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.53. Axis Capital had a net margin of 14.54% and a return on equity of 19.01%. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the firm posted $3.07 earnings per share. The business's revenue for the quarter was up 6.8% on a year-over-year basis. 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 Trading Up 1.0%

Shares of AXS traded up $0.99 during midday trading on Friday, hitting $96.92. The stock had a trading volume of 85,213 shares, compared to its average volume of 703,118. Axis Capital has a 1 year low of $70.16 and a 1 year high of $107.19. The firm has a market cap of $7.62 billion, a PE ratio of 9.61, a price-to-earnings-growth ratio of 1.17 and a beta of 0.81. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.68 and a quick ratio of 0.68. The stock's 50 day moving average is $100.94 and its 200 day moving average is $96.21.

Axis Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend was Monday, June 30th. Axis Capital's dividend payout ratio is currently 17.46%.

Hedge Funds Weigh In On Axis Capital

Several hedge funds and other institutional investors have recently modified their holdings of AXS. Jane Street Group LLC raised its position in shares of Axis Capital by 86.2% in the 1st quarter. Jane Street Group LLC now owns 47,277 shares of the insurance provider's stock valued at $4,739,000 after purchasing an additional 21,892 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Axis Capital by 6.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 205,553 shares of the insurance provider's stock valued at $20,605,000 after purchasing an additional 12,680 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Axis Capital by 12.4% during the 1st quarter. Royal Bank of Canada now owns 63,457 shares of the insurance provider's stock valued at $6,361,000 after purchasing an additional 7,023 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in Axis Capital by 42.1% in the 1st quarter. Focus Partners Wealth now owns 10,417 shares of the insurance provider's stock valued at $1,044,000 after acquiring an additional 3,085 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AXS. Wells Fargo & Company increased their target price on shares of Axis Capital from $104.00 to $105.00 and gave the company an "equal weight" rating in a research note on Thursday, July 10th. Keefe, Bruyette & Woods upped their price target on shares of Axis Capital from $118.00 to $121.00 and gave the stock an "outperform" rating in a report on Wednesday, July 9th. JMP Securities restated a "market perform" rating on shares of Axis Capital in a report on Thursday, May 1st. Wall Street Zen upgraded shares of Axis Capital from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Finally, Cowen reiterated a "buy" rating on shares of Axis Capital in a report on Wednesday, May 14th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $108.25.

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.