AXIS Capital (AXS) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AXIS Capital in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AXS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AXS, but not buy additional shares or sell existing shares.
View AXS analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 1-year target prices for AXIS Capital's stock. Their AXS share price forecasts range from $58.00 to $73.00. On average, they anticipate the company's stock price to reach $64.00 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
View analysts price targets for AXS or view top-rated stocks among Wall Street analysts.

AXIS Capital's stock was trading at $54.17 at the start of the year. Since then, AXS stock has decreased by 2.7% and is now trading at $52.69.
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AXIS Capital saw a increase in short interest in May. As of May 15th, there was short interest totaling 955,400 shares, an increase of 21.5% from the April 30th total of 786,300 shares. Based on an average daily volume of 596,300 shares, the short-interest ratio is presently 1.6 days. Approximately 1.2% of the company's shares are sold short.
View AXIS Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our AXS earnings forecast.

AXIS Capital Holdings Limited (NYSE:AXS) posted its quarterly earnings data on Thursday, April, 27th. The insurance provider reported $2.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.44. The insurance provider had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.84 billion. AXIS Capital had a net margin of 4.87% and a trailing twelve-month return on equity of 13.34%. The firm's revenue for the quarter was down 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.09 EPS.

AXIS Capital announced a quarterly dividend on Wednesday, May 3rd. Investors of record on Friday, June 30th will be paid a dividend of $0.44 per share on Tuesday, July 18th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend is Thursday, June 29th.
Read our dividend analysis for AXS.

ETFs with the largest weight of AXIS Capital (NYSE:AXS) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco KBW Property & Casualty Insurance ETF (KBWP), iShares Focused Value Factor ETF (FOVL), SPDR S&P Insurance ETF (KIE), AB US High Dividend ETF (HIDV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), First Trust Financial AlphaDEX Fund (FXO) and Victoryshares Dividend Accelerator ETF (VSDA).

AXIS Capital (NYSE:AXS) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.34%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AXS will have a dividend payout ratio of 20.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AXS.

20 employees have rated AXIS Capital Chief Executive Officer Albert A. Benchimol on Glassdoor.com. Albert A. Benchimol has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other AXIS Capital investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Boeing (BA), NVIDIA (NVDA), Vermilion Energy (VET), AT&T (T) and Mastercard (MA).

AXIS Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXS."

AXIS Capital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (6.02%), Dimensional Fund Advisors LP (4.58%), BlackRock Inc. (4.48%), American Century Companies Inc. (3.00%), Jennison Associates LLC (2.29%) and River Road Asset Management LLC (2.17%).
View institutional ownership trends.

Shares of AXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AXS stock can currently be purchased for approximately $52.69.

AXIS Capital (NYSE:AXS) has a market capitalization of $4.49 billion and generates $5.14 billion in revenue each year. The insurance provider earns $223.08 million in net income (profit) each year or $2.61 on an earnings per share basis.

The company employs 2,064 workers across the globe.

AXIS Capital's mailing address is 92 PITTS BAY ROAD, PEMBROKE D0, HM 08. The official website for the company is www.axiscapital.com. The insurance provider can be reached via phone at (441) 496-2600, via email at investorrelations@axiscapital.com, or via fax at 441-405-2600.