AXIS Capital (AXS) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AXIS Capital in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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.

6 Wall Street analysts have issued 1-year target prices for AXIS Capital's shares. Their AXS share price forecasts range from $51.00 to $73.00. On average, they anticipate the company's share price to reach $62.20 in the next twelve months. This suggests a possible upside of 9.2% 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 beginning of the year. Since then, AXS stock has increased by 5.2% and is now trading at $56.96.
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AXIS Capital saw a increase in short interest in August. As of August 31st, there was short interest totaling 805,500 shares, an increase of 9.8% from the August 15th total of 733,600 shares. Based on an average trading volume of 429,100 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.0% of the shares of the company are short sold.
View AXIS Capital's Short Interest.

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

AXIS Capital Holdings Limited (NYSE:AXS) issued its earnings results on Wednesday, August, 2nd. The insurance provider reported $2.23 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.46. The insurance provider earned $1.45 billion during the quarter, compared to analyst estimates of $1.39 billion. AXIS Capital had a net margin of 6.85% and a trailing twelve-month return on equity of 14.09%. The business's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the business posted $1.74 EPS.

AXIS Capital announced a quarterly dividend on Wednesday, September 20th. Stockholders of record on Monday, October 2nd will be paid a dividend of $0.44 per share on Wednesday, October 18th. This represents a $1.76 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date is Friday, September 29th.
Read our dividend analysis for AXS.

ETFs with the largest weight of AXIS Capital (NYSE:AXS) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), iShares Focused Value Factor ETF (FOVL), SPDR S&P Insurance ETF (KIE), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and iShares U.S. Insurance ETF (IAK).Dimensional U.S. Targeted Value ETF (DFAT).

AXIS Capital (NYSE:AXS) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.04%. 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 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AXS will have a dividend payout ratio of 18.90% 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 number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (5.52%), BlackRock Inc. (4.30%), Dimensional Fund Advisors LP (4.20%), Jennison Associates LLC (2.46%), River Road Asset Management LLC (2.28%) and Johnson Investment Counsel Inc. (2.07%).
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 $56.96.

AXIS Capital (NYSE:AXS) has a market capitalization of $4.85 billion and generates $5.14 billion in revenue each year. The insurance provider earns $223.08 million in net income (profit) each year or $3.96 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.