AXIS Capital (AXS) Projected to Post Earnings on Wednesday

AXIS Capital (NYSE:AXS - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect AXIS Capital to post earnings of $2.66 per share and revenue of $1.83 billion for the quarter.

AXIS Capital (NYSE:AXS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The insurance provider reported $2.97 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%. 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 0.8 %

Shares of AXS stock traded up $0.79 during mid-day trading on Monday, hitting $95.67. The company's stock had a trading volume of 100,960 shares, compared to its average volume of 600,624. AXIS Capital has a 52 week low of $60.85 and a 52 week high of $101.42. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.60 and a current ratio of 0.60. The company's fifty day simple moving average is $94.61 and its 200-day simple moving average is $90.17. The company has a market cap of $7.52 billion, a PE ratio of 7.74, a P/E/G ratio of 3.96 and a beta of 0.67.

AXIS Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were issued a $0.44 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.76 dividend on an annualized basis and a yield of 1.84%. AXIS Capital's payout ratio is currently 14.25%.

Insider Activity at AXIS Capital

In other AXIS Capital news, Director Charles A. Davis sold 2,139,037 shares of AXIS Capital stock in a transaction on 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 transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of AXIS Capital from $97.00 to $100.00 and gave the company an "equal weight" rating in a research note on Thursday, April 10th. UBS Group upped their price objective on shares of AXIS Capital from $105.00 to $115.00 and gave the company a "buy" rating in a report on Wednesday, April 9th. Keefe, Bruyette & Woods decreased their target price on AXIS Capital from $120.00 to $114.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. JMP Securities reissued a "market perform" rating on shares of AXIS Capital in a research note on Monday, February 3rd. Finally, Jefferies Financial Group increased their target price on AXIS Capital from $116.00 to $119.00 and gave the stock a "buy" rating in a report on Friday, April 11th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $106.75.

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.