Q4 EPS Estimates for Axis Capital Lifted by Zacks Research

Axis Capital Holdings Limited (NYSE:AXS - Free Report) - Stock analysts at Zacks Research lifted their Q4 2026 earnings estimates for Axis Capital in a research report issued to clients and investors on Monday, October 12th. Zacks Research analyst Team now anticipates that the insurance provider will earn $3.44 per share for the quarter, up from their prior estimate of $3.43. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Axis Capital's current full-year earnings is $12.41 per share. Zacks Research also issued estimates for Axis Capital's Q3 2027 earnings at $3.38 EPS, Q4 2027 earnings at $3.58 EPS, Q2 2028 earnings at $3.77 EPS and Q3 2028 earnings at $3.27 EPS.

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

Several other research analysts have also issued reports on the stock. TD Cowen reissued a "buy" rating and issued a $130.00 price target on shares of Axis Capital in a research report on Tuesday, August 25th. Wells Fargo & Company dropped their price target on Axis Capital from $126.00 to $112.00 and set an "overweight" rating for the company in a report on Monday. Keefe, Bruyette & Woods dropped their target price on shares of Axis Capital from $131.00 to $125.00 and set an "outperform" rating for the company in a research note on Tuesday, August 4th. UBS Group dropped their target price 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. Finally, BMO Capital Markets restated a "market perform" rating on shares of Axis Capital in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $119.08.

Axis Capital Stock Performance

Shares of NYSE AXS opened at $97.70 on Wednesday. Axis Capital has a one year low of $88.07 and a one year high of $119.99. The firm has a market capitalization of $7.13 billion, a price-to-earnings ratio of 7.63, a PEG ratio of 4.24 and a beta of 0.45. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $98.69 and a 200 day simple moving average of $101.85.

Axis Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.44 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.8%. Axis Capital's dividend payout ratio (DPR) is 12.50%.

Institutional Trading of Axis Capital

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Assetmark Inc. increased its holdings in shares of Axis Capital by 80.8% during the 1st quarter. Assetmark Inc. now owns 396 shares of the insurance provider's stock worth $40,000 after acquiring an additional 177 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in Axis Capital in the 1st quarter valued at about $43,000. MCF Advisors LLC bought a new position in Axis Capital in the 2nd quarter valued at about $44,000. Global Assets Advisory LLC bought a new position in shares of Axis Capital during the first quarter worth approximately $68,000. Finally, Root Financial Partners LLC increased its position in Axis Capital by 133.1% during the 1st quarter. Root Financial Partners LLC now owns 802 shares of the insurance provider's stock worth $81,000 after buying an additional 458 shares during the period. Institutional investors own 93.44% of the company's stock.

About Axis Capital

AXIS Capital Holdings Limited is a global specialty insurance and reinsurance company headquartered in Bermuda. Through its insurance and reinsurance operations, the company provides coverage and risk-transfer solutions for businesses, institutions, and other insurers.

Its insurance offerings include commercial property and casualty coverage, professional liability, cyber insurance, marine and aviation insurance, accident and health products, and other specialty lines. Its reinsurance business supports primary insurers across property, casualty, specialty, and other risks, using both treaty and facultative arrangements.

Founded in 2001, AXIS serves clients and distribution partners through operations in key insurance markets, including Bermuda, the United States, Canada, the United Kingdom, Europe, and other international locations.

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