Axis Capital Q3 EPS Estimate Decreased by Zacks Research

Key Points

• Zacks Research lowered Axis Capital’s Q3 2026 EPS estimate to $2.87 from $2.92 and maintains a “Strong Sell” rating. Full-year consensus earnings are $12.39 per share.
• Axis Capital’s latest quarterly EPS of $2.84 missed estimates of $3.25, although revenue rose 7.4% year over year to $1.75 billion and exceeded expectations.
• Despite Zacks’ bearish view, analysts overall assign the stock a “Moderate Buy” consensus rating with an average price target of $121.23, while institutional investors hold 93.44% of shares.

Axis Capital Holdings Limited (NYSE:AXS - Free Report) - Research analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for Axis Capital in a report issued on Friday, September 11th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $2.87 per share for the quarter, down from their prior forecast of $2.92. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Axis Capital's current full-year earnings is $12.39 per share. Zacks Research also issued estimates for Axis Capital's FY2026 earnings at $12.56 EPS, Q3 2027 earnings at $3.40 EPS and Q2 2028 earnings at $3.78 EPS.

AXS has been the subject of a number of other reports. Capital One Financial set a $108.00 target price on shares of Axis Capital in a research note on Wednesday, July 29th. UBS Group reduced their price objective on Axis Capital from $131.00 to $126.00 and set a "buy" rating for the company in a research report on Monday, August 3rd. Keefe, Bruyette & Woods lowered their target price on Axis Capital from $131.00 to $125.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 4th. Atlantic Securities set a $122.00 target price on Axis Capital in a research note on Wednesday, July 15th. Finally, TD Cowen reiterated a "buy" rating and set a $130.00 price target on shares of Axis Capital in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $121.23.

Axis Capital Stock Performance

Shares of AXS opened at $100.11 on Tuesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.64 and a current ratio of 0.64. Axis Capital has a 1 year low of $88.07 and a 1 year high of $119.99. The firm has a fifty day moving average of $105.25 and a 200-day moving average of $102.68. The company has a market cap of $7.31 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of 4.28 and a beta of 0.49.

Axis Capital (NYSE:AXS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The insurance provider reported $2.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.25 by ($0.41). Axis Capital had a return on equity of 17.00% and a net margin of 16.23%.The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same period last year, the business posted $3.29 EPS. The company's revenue for the quarter was up 7.4% on a year-over-year basis.

Institutional Investors Weigh In On Axis Capital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC lifted its position in Axis Capital by 0.5% in the second quarter. Sequoia Financial Advisors LLC now owns 30,646 shares of the insurance provider's stock worth $3,293,000 after purchasing an additional 159 shares during the period. MCF Advisors LLC bought a new stake in shares of Axis Capital in the 2nd quarter worth $44,000. WINTON GROUP Ltd bought a new stake in shares of Axis Capital in the 2nd quarter worth $387,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Axis Capital by 2.5% in the second quarter. Integrated Wealth Concepts LLC now owns 46,190 shares of the insurance provider's stock valued at $4,963,000 after buying an additional 1,133 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in shares of Axis Capital by 6.8% in the second quarter. NewEdge Advisors LLC now owns 4,322 shares of the insurance provider's stock valued at $464,000 after buying an additional 276 shares during the period. Institutional investors own 93.44% of the company's stock.

Axis Capital Company Profile

AXIS Capital Holdings Limited NYSE: AXS is a Bermuda-based specialty insurance and reinsurance company. Through its subsidiaries, the company provides coverage and risk-management solutions for businesses, institutions and other insurance companies.

Its insurance operations offer products across property, casualty, professional liability, cyber, marine, aviation, accident and health, and other specialty lines. Its reinsurance business assumes risks from primary insurers through property, casualty and specialty reinsurance arrangements.

Founded in 2001, AXIS serves clients and distribution partners in major insurance markets across North America, Bermuda, Europe, Asia-Pacific and other international regions.

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