Axis Capital (NYSE:AXS - Get Free Report) is expected to 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 released its quarterly earnings results on Wednesday, April 30th. The insurance provider reported $3.17 EPS for the quarter, topping analysts' consensus estimates of $2.64 by $0.53. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.83 billion. Axis Capital had a return on equity of 19.01% and a net margin of 14.54%. Axis Capital's revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm posted $3.07 earnings per share. 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 Stock Down 1.1%
Shares of NYSE AXS traded down $1.06 during mid-day trading on Thursday, reaching $96.29. 247,700 shares of the company's stock were exchanged, compared to its average volume of 704,186. The business has a fifty day simple moving average of $101.03 and a 200 day simple moving average of $96.16. Axis Capital has a twelve month low of $70.16 and a twelve month high of $107.19. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 9.56, a PEG ratio of 1.17 and a beta of 0.81. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.29.
Axis Capital Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Monday, June 30th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date was Monday, June 30th. Axis Capital's dividend payout ratio is presently 17.46%.
Institutional Trading of Axis Capital
Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its holdings in Axis Capital by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 205,553 shares of the insurance provider's stock valued at $20,605,000 after acquiring an additional 12,680 shares in the last quarter. Royal Bank of Canada raised its holdings in Axis Capital by 12.4% in the 1st quarter. Royal Bank of Canada now owns 63,457 shares of the insurance provider's stock valued at $6,361,000 after acquiring an additional 7,023 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Axis Capital by 86.2% during the 1st quarter. Jane Street Group LLC now owns 47,277 shares of the insurance provider's stock worth $4,739,000 after buying an additional 21,892 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in shares of Axis Capital by 42.1% during the 1st quarter. Focus Partners Wealth now owns 10,417 shares of the insurance provider's stock worth $1,044,000 after buying an additional 3,085 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on AXS shares. Cowen reissued a "buy" rating on shares of Axis Capital in a research report on Wednesday, May 14th. Wall Street Zen raised Axis Capital from a "hold" rating to a "buy" rating in a research report on Saturday, April 12th. JMP Securities reissued a "market perform" rating on shares of Axis Capital in a research report on Thursday, May 1st. UBS Group raised their price target on Axis Capital from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, April 9th. Finally, Wells Fargo & Company raised their price target on Axis Capital from $104.00 to $105.00 and gave the company an "equal weight" rating in a research note on Thursday, July 10th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $108.25.
Read Our Latest Stock Analysis on Axis Capital
Axis Capital Company Profile
(
Get Free Report)
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.
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