Zacks Research Expects Reduced Earnings for Axis Capital

Key Points

• Zacks Research lowered Axis Capital’s Q4 2026 EPS estimate to $3.43 from $3.45 and maintains a “Strong Sell” rating. Its full-year 2026 consensus earnings estimate is $12.39 per share.
• Despite Zacks’ bearish view, analysts overall rate the stock “Moderate Buy,” with an average price target of $121.23; recent targets range from $108 to $126.
• Axis Capital’s latest quarterly results missed expectations, reporting $2.84 EPS versus the $3.25 consensus, although revenue rose 7.4% year over year to $1.75 billion.

Axis Capital Holdings Limited (NYSE:AXS - Free Report) - Equities researchers at Zacks Research reduced their Q4 2026 EPS estimates for shares of Axis Capital in a research note issued on Friday, September 11th. Zacks Research analyst Team now forecasts that the insurance provider will earn $3.43 per share for the quarter, down from their prior forecast of $3.45. 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 Q1 2027 earnings at $3.17 EPS, Q2 2027 earnings at $3.24 EPS, Q4 2027 earnings at $3.57 EPS, FY2027 earnings at $13.37 EPS, Q1 2028 earnings at $3.19 EPS and FY2028 earnings at $14.33 EPS.

A number of other equities research analysts also recently weighed in on the company. BMO Capital Markets restated a "market perform" rating on shares of Axis Capital in a research report on Wednesday, July 29th. Atlantic Securities set a $122.00 price objective on Axis Capital in a research note on Wednesday, July 15th. UBS Group cut their price objective on Axis Capital from $131.00 to $126.00 and set a "buy" rating for the company in a report on Monday, August 3rd. Wells Fargo & Company lowered their target price on Axis Capital from $134.00 to $126.00 and set an "overweight" rating on the stock in a report on Thursday, July 30th. Finally, Capital One Financial set a $108.00 price target on shares of Axis Capital in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Axis Capital currently has a consensus rating of "Moderate Buy" and an average target price of $121.23.

Axis Capital Trading Up 0.1%

Axis Capital stock opened at $98.29 on Monday. Axis Capital has a 12-month low of $88.07 and a 12-month high of $119.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.64 and a quick ratio of 0.64. The stock has a market capitalization of $7.17 billion, a PE ratio of 6.98, a price-to-earnings-growth ratio of 4.28 and a beta of 0.49. The firm has a 50 day simple moving average of $105.51 and a 200-day simple moving average of $102.70.

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

Hedge Funds Weigh In On Axis Capital

A number of hedge funds and other institutional investors have recently modified their holdings of AXS. Assetmark Inc. raised its holdings in 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 buying an additional 177 shares during the period. MCF Advisors LLC acquired a new position in shares of Axis Capital in the second quarter worth about $44,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Axis Capital in the first quarter worth about $43,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Axis Capital in the fourth quarter worth approximately $47,000. Finally, DV Equities LLC purchased a new position in shares of Axis Capital in the fourth quarter worth approximately $54,000. Institutional investors and hedge funds 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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