Axis Capital FY2025 EPS Estimate Boosted by Zacks Research

Key Points

• Zacks Research has increased its FY2025 EPS estimate for Axis Capital to $11.88, up from $11.84, while the consensus estimate is currently at $11.19.
• Axis Capital reported Q2 earnings of $3.29 per share, surpassing expectations by $0.41, but missed revenue estimates with $1.63 billion against a consensus of $1.68 billion.
• Several analysts have raised their target prices for Axis Capital, with Wells Fargo adjusting it from $104.00 to $105.00 and UBS increasing it to $119.00 from $115.00.

Axis Capital Holdings Limited (NYSE:AXS - Free Report) - Equities research analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Axis Capital in a report issued on Tuesday, September 2nd. Zacks Research analyst Team now anticipates that the insurance provider will earn $11.88 per share for the year, up from their previous estimate of $11.84. 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 Q4 2025 earnings at $2.96 EPS, Q3 2026 earnings at $2.98 EPS, Q4 2026 earnings at $3.04 EPS and Q1 2027 earnings at $3.71 EPS.

Axis Capital (NYSE:AXS - Get Free Report) last issued its earnings results on Tuesday, July 29th. The insurance provider reported $3.29 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.41. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.68 billion. Axis Capital had a net margin of 14.30% and a return on equity of 18.77%. Axis Capital's quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.93 EPS.

Several other equities research analysts also recently weighed in on the stock. Wells Fargo & Company raised 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. Cowen restated a "buy" rating on shares of Axis Capital in a research report on Wednesday, May 14th. UBS Group reissued a "buy" rating and set a $119.00 target price (up previously from $115.00) on shares of Axis Capital in a report on Monday, August 4th. Keefe, Bruyette & Woods raised their price target on shares of Axis Capital from $118.00 to $121.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 9th. Finally, Wall Street Zen downgraded shares of Axis Capital from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $111.43.

Axis Capital Stock Performance

Axis Capital stock opened at $98.24 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.69 and a quick ratio of 0.69. Axis Capital has a 1-year low of $74.68 and a 1-year high of $107.19. The firm has a market capitalization of $7.68 billion, a P/E ratio of 9.45, a price-to-earnings-growth ratio of 1.44 and a beta of 0.77. The company's 50-day moving average is $97.45 and its 200 day moving average is $97.59.

Insider Buying and Selling at Axis Capital

In other Axis Capital news, Director Henry B. Smith sold 3,500 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $98.67, for a total transaction of $345,345.00. Following the transaction, the director owned 47,295 shares of the company's stock, valued at approximately $4,666,597.65. This trade represents a 6.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Daniel J. Draper sold 4,305 shares of the company's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $97.57, for a total transaction of $420,038.85. Following the completion of the sale, the insider directly owned 16,269 shares of the company's stock, valued at $1,587,366.33. The trade was a 20.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,205 shares of company stock valued at $1,188,048 in the last 90 days. 0.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Smithfield Trust Co increased its holdings in Axis Capital by 94.0% in the second quarter. Smithfield Trust Co now owns 293 shares of the insurance provider's stock valued at $31,000 after buying an additional 142 shares in the last quarter. NBC Securities Inc. purchased a new position in Axis Capital in the first quarter valued at about $33,000. AlphaCore Capital LLC purchased a new position in shares of Axis Capital during the 2nd quarter worth approximately $37,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Axis Capital during the 2nd quarter worth approximately $41,000. Finally, IFP Advisors Inc increased its stake in shares of Axis Capital by 1,542.9% during the 1st quarter. IFP Advisors Inc now owns 575 shares of the insurance provider's stock worth $58,000 after purchasing an additional 540 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

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.

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