Axis Capital Holdings Limited Company Profile (NYSE:AXS)

About Axis Capital Holdings Limited (AXS)

Axis Capital Holdings Limited logoAXIS Capital Holdings Limited is a holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe, Australia and Singapore. It operates in two segments: AXIS Insurance and AXIS Re. Its insurance segment operates through offices in Bermuda, the United States, Canada, Europe, Australia and Singapore and offers specialty insurance products to various markets. Its insurance segment's offerings include property, marine, terrorism, aviation, professional lines, liability and accident and health. Its reinsurance segment operates through offices in Bermuda, the United States, Switzerland, Singapore, Brazil, and Canada. The reinsurance segment provides non-life reinsurance to insurance companies. Its reinsurance segment's offering include catastrophe; property; professional lines; credit and surety; motor; liability; engineering, and agriculture.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Property & Casualty Insurance
  • Exchange: NYSE
  • Symbol: AXS
  • CUSIP: G0692U10
Key Metrics:
  • Previous Close: $66.77
  • 50 Day Moving Average: $68.283
  • 200 Day Moving Average: $62.554
  • 52-Week Range: $51.01 - $71.06
  • Trailing P/E Ratio: 13.144
  • Foreward P/E Ratio: 13.63
  • P/E Growth: 3.980
  • Market Cap: $5.75B
  • Outstanding Shares: 86,118,000
  • Beta: 0.55
Profitability:
  • Net Margins: 12.82%
  • Return on Equity: 8.36%
  • Return on Assets: 2.12%
Debt:
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 0.49%
  • Quick Ratio: 0.49%

Analyst Ratings

Consensus Ratings for Axis Capital Holdings Limited (NYSE:AXS) (?)
Ratings Breakdown: 4 Sell Ratings, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.70)
Consensus Price Target: $63.50 (4.90% downside)

Analysts' Ratings History for Axis Capital Holdings Limited (NYSE:AXS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/15/2017Deutsche Bank AGReiterated RatingHold$66.00 -> $64.00LowView Rating Details
2/3/2017BMO Capital MarketsReiterated RatingMarket Perform$64.00 -> $67.00N/AView Rating Details
2/2/2017MKM PartnersUpgradeNeutral -> Buy$80.00N/AView Rating Details
1/17/2017MacquarieDowngradeNeutral -> Underperform$55.00N/AView Rating Details
1/9/2017Wells Fargo & CoDowngradeMarket Perform -> UnderperformN/AView Rating Details
11/22/2016Citigroup IncInitiated CoverageSell$55.00N/AView Rating Details
11/15/2016Goldman Sachs Group IncDowngradeNeutral -> SellN/AView Rating Details
7/28/2016Morgan StanleyBoost Price TargetEqual Weight$59.00 -> $60.00N/AView Rating Details
5/26/2016Langen McalennDowngradeBuy -> NeutralN/AView Rating Details
5/26/2016Janney Montgomery ScottDowngradeBuy -> NeutralN/AView Rating Details
1/19/2016JMP SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
9/21/2015Sterne Agee CRTInitiated CoverageNeutral$59.00N/AView Rating Details
9/8/2015Bank of America CorpDowngradeBuy -> NeutralN/AView Rating Details
8/5/2015Keefe, Bruyette & WoodsReiterated RatingBuyN/AView Rating Details
(Data available from 3/29/2015 forward)

Earnings

Earnings History for Axis Capital Holdings Limited (NYSE:AXS)
Earnings by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Earnings History by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/1/2017Q416$0.87$1.14$602.70 million$464.39 millionViewListenView Earnings Details
10/26/2016Q316$1.05$1.78$710.69 million$595.43 millionViewN/AView Earnings Details
7/26/2016Q216$0.32$0.51$983.53 million$1.06 billionViewN/AView Earnings Details
4/26/2016Q116$1.08$1.07$1.48 billion$1.69 billionViewN/AView Earnings Details
2/2/2016Q415$1.13$1.23$567.11 million$595.00 millionViewN/AView Earnings Details
10/27/2015Q315$0.65$0.51$686.67 million$677.22 millionViewListenView Earnings Details
7/28/2015Q215$0.94$0.93$1.02 billion$946.54 millionViewListenView Earnings Details
4/29/2015Q115$1.23$1.35$1.66 billionViewN/AView Earnings Details
2/3/2015Q414$1.12$1.18$669.41 millionViewN/AView Earnings Details
10/29/2014Q314$1.20$1.27$744.53 million$687.00 millionViewN/AView Earnings Details
7/29/2014Q214$1.20$1.63$1.04 billionViewN/AView Earnings Details
4/29/2014Q114$1.34$1.24$1.65 billion$1.04 billionViewN/AView Earnings Details
2/4/2014Q413$1.30$1.41$1.05 million$1.08 millionViewN/AView Earnings Details
10/30/2013Q313$0.86$1.21$705.07 million$1.04 billionViewN/AView Earnings Details
7/30/2013Q2 2013$0.54$0.43$855.76 million$1.05 billionViewN/AView Earnings Details
4/25/2013Q1 2013$1.17$1.92$1.29 billion$1.03 billionViewN/AView Earnings Details
2/4/2013Q4 2012($1.09)($0.23)$945.73 million$975.50 millionViewN/AView Earnings Details
10/31/2012Q312$1.08$1.63$691.33 millionViewN/AView Earnings Details
7/31/2012$0.96$0.90ViewN/AView Earnings Details
4/26/2012$1.09$1.07ViewN/AView Earnings Details
2/7/2012$0.37$0.53ViewN/AView Earnings Details
11/1/2011$0.78$0.74ViewN/AView Earnings Details
8/3/2011$0.53$0.65ViewN/AView Earnings Details
4/28/2011($3.35)($3.39)ViewN/AView Earnings Details
2/8/2011$1.21$1.41ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Axis Capital Holdings Limited (NYSE:AXS)
Current Year EPS Consensus Estimate: $4.46 EPS
Next Year EPS Consensus Estimate: $4.90 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.69$0.69$0.69
Q2 20162$0.38$1.10$0.74
Q3 20162$0.70$0.99$0.85
Q4 20162$1.27$1.37$1.32
Q1 20172$1.14$1.39$1.27
Q2 20172$1.12$1.23$1.18
Q3 20172$0.58$1.01$0.80
Q4 20171$1.17$1.17$1.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Axis Capital Holdings Limited (NYSE:AXS)
Next Dividend:4/17/2017
Annual Dividend:$1.52
Dividend Yield:2.28%
Dividend Growth:11.90% (3 Year Average)
Payout Ratio:29.57% (Trailing 12 Months of Earnings)
34.08% (Based on This Year's Estimates)
31.02% (Based on Next Year's Estimates)
Track Record:10 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Axis Capital Holdings Limited (NYSE:AXS)

Dividend History by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/28/2017quarterly$0.382.19%3/29/20173/31/20174/17/2017
12/12/2016Quarterly$0.382.34%12/28/201612/30/20161/17/2017
9/22/2016Quarterly$0.352.57%9/29/201610/3/201610/17/2016
5/9/2016quarterly$0.352.57%6/28/20166/30/20167/15/2016
2/29/2016quarterly$0.352.61%3/29/20163/31/20164/15/2016
12/7/2015Quarterly$0.3512/29/201512/31/20151/15/2016
9/11/2015$0.299/28/20159/30/201510/15/2015
5/11/2015quarterly$0.292.1%6/26/20156/30/20157/15/2015
2/23/2015quarterly$0.292.22%3/27/20153/31/20154/15/2015
12/5/2014quarterly$0.292.26%12/29/201412/31/20141/15/2015
9/12/2014quarterly$0.272.25%9/26/20149/30/201410/15/2014
5/8/2014quarterly$0.272.39%6/26/20146/30/20147/15/2014
2/21/2014quarterly$0.272.51%3/27/20143/31/20144/15/2014
12/9/2013quarterly$0.272.24%12/27/201312/31/20131/15/2014
9/18/2013quarterly$0.252.3%9/27/201310/1/201310/15/2013
5/3/2013quarterly$0.252.24%6/26/20136/28/20137/15/2013
2/22/2013quarterly$0.252.5%3/26/20133/28/20134/15/2013
12/17/2012quarterly$0.252.85%12/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Axis Capital Holdings Limited (NYSE:AXS)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 90.07%
Insider Trades by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Institutional Ownership by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Insider Trades by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/4/2017Michael A ButtDirectorSell158,946$65.38$10,391,889.48View SEC Filing  
10/14/2016Michael A ButtDirectorSell40,673$57.01$2,318,767.73View SEC Filing  
9/9/2016Richard T Gieryn JrEVPSell10,400$56.15$583,960.00View SEC Filing  
5/20/2016Richard T Gieryn JrEVPSell14,967$54.37$813,755.79View SEC Filing  
5/3/2016Wilhelm ZellerDirectorSell9,700$53.31$517,107.00View SEC Filing  
3/4/2016Richard T Gieryn JrEVPSell15,697$54.99$863,178.03View SEC Filing  
12/10/2015Richard T Gieryn JrGeneral CounselSell17,700$56.60$1,001,820.00View SEC Filing  
11/20/2014Henry B SmithDirectorSell8,000$49.23$393,840.00View SEC Filing  
11/20/2014Richard T Gieryn JrGeneral CounselSell24,500$49.79$1,219,855.00View SEC Filing  
6/10/2014Richard T Gieryn JrEVPSell10,000$46.46$464,600.00View SEC Filing  
11/6/2013Dennis RedingCOOSell40,000$48.03$1,921,200.00View SEC Filing  
9/5/2013John GressierCEOBuy176,000$42.47$7,474,720.00View SEC Filing  
5/21/2013Donald J GreeneDirectorSell8,000$43.56$348,480.00View SEC Filing  
5/14/2013Richard T Gieryn JrEVPSell12,060$45.53$549,091.80View SEC Filing  
8/30/2012John Drake NicholsCEOBuy30,000$33.60$1,008,000.00View SEC Filing  
8/9/2012Richard T Gieryn JrEVPSell6,000$34.14$204,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Axis Capital Holdings Limited (NYSE:AXS)
Latest Headlines for Axis Capital Holdings Limited (NYSE:AXS)
Source:
DateHeadline
nasdaq.com logoAXS Crosses Above Average Analyst Target
www.nasdaq.com - March 29 at 4:01 PM
finance.yahoo.com logoAXIS Insurance Named Official Insurance Partner of SolarPower Europe
finance.yahoo.com - March 29 at 12:47 PM
uk.finance.yahoo.com logoAXIS Capital to Release First Quarter Financial Results on April 26, 2017
uk.finance.yahoo.com - March 28 at 8:45 PM
americanbankingnews.com logoAxis Capital Holdings Limited (AXS) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - March 23 at 8:05 AM
americanbankingnews.com logoAxis Capital Holdings Limited (AXS) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 21 at 12:01 PM
zacks.com logoAXIS Capital's (AXS) Prospects Look Bright: Time to Buy?
www.zacks.com - March 15 at 4:00 PM
streetinsider.com logoAxis Capital (AXS) to Recognize $50M Pre-Tax from Ogden Rate Change
www.streetinsider.com - March 8 at 9:28 PM
uk.finance.yahoo.com logoAXIS Capital Announces Estimated Impact of Ogden Rate Change
uk.finance.yahoo.com - March 6 at 11:01 AM
finance.yahoo.com logoAxis Capital Holdings Limited Redeems All Outstanding 6.875% Series C Preferred Shares
finance.yahoo.com - March 2 at 9:01 PM
finance.yahoo.com logoAXIS CAPITAL HOLDINGS LTD Financials
finance.yahoo.com - March 2 at 3:59 PM
biz.yahoo.com logoAXIS CAPITAL HOLDINGS LTD Files SEC form 10-K, Annual Report
biz.yahoo.com - February 27 at 10:14 AM
finance.yahoo.com logoAXIS Capital Declares Quarterly Dividends on Common and Preferred Shares
finance.yahoo.com - February 24 at 1:06 PM
uk.finance.yahoo.com logoJulian Brown Joins AXIS Insurance to Lead London Market Professional Lines MGA Growth
uk.finance.yahoo.com - February 21 at 10:56 AM
biz.yahoo.com logoAXIS CAPITAL HOLDINGS LTD Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 17 at 10:25 AM
biz.yahoo.com logoAXIS CAPITAL HOLDINGS LTD Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 16 at 8:41 AM
uk.finance.yahoo.com logoJohn “Jay” Nichols Resigns as CEO of AXIS Re; Jan Ekberg Appointed Interim Head of Reinsurance
uk.finance.yahoo.com - February 14 at 3:16 PM
finance.yahoo.com logoIs AXIS Capital a Great Stock for Value Investors?
finance.yahoo.com - February 10 at 4:18 PM
finance.yahoo.com logoAXIS Insurance Appoints Kelly Dworniczek as Vice President, Public D&O and Fiduciary Product Manager
finance.yahoo.com - February 8 at 3:57 PM
uk.finance.yahoo.com logoAXIS Insurance Grows Cyber Insurance Team with Additions of Neil Arklie and Delvin Tillett
uk.finance.yahoo.com - February 7 at 4:43 PM
finance.yahoo.com logoAXIS Capital CEO Albert Benchimol to Present at Bank of America Merrill Lynch Insurance Conference 2017
finance.yahoo.com - February 7 at 4:43 PM
finance.yahoo.com logoEdited Transcript of AXS earnings conference call or presentation 2-Feb-17 3:00pm GMT
finance.yahoo.com - February 3 at 1:53 AM
finance.yahoo.com logoAXIS Capital (AXS) Q4 Earnings Beat, Revenues Miss; Up Y/Y
finance.yahoo.com - February 2 at 3:51 PM
wsj.com logo[$$] Axis Capital Operating Earnings Fall
us.rd.yahoo.com - February 2 at 1:56 AM
biz.yahoo.com logoQ4 2016 AXIS Capital Holdings Ltd Earnings Release - After Market Close
biz.yahoo.com - February 1 at 3:53 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for AXIS Capital (AXS)
finance.yahoo.com - January 31 at 3:57 PM
bizjournals.com logoPublic insurance giant opens its first Florida office in Miami
www.bizjournals.com - January 26 at 4:10 PM
finance.yahoo.com logoAXIS Capital Launches Miami Office to Expand Presence in Latin America and the Caribbean
finance.yahoo.com - January 26 at 4:10 PM
seekingalpha.com logoA Pair Trade Opportunity In AXIS Capital Holdings Preferred Stocks
seekingalpha.com - January 24 at 4:13 PM
uk.finance.yahoo.com logoAXIS Capital Updates Time for Fourth Quarter and Year End Conference Call
uk.finance.yahoo.com - January 23 at 8:54 PM
nasdaq.com logoAxis Capital Holdings Limited (AXS) Ex-Dividend Date Scheduled for December 28 ...
www.nasdaq.com - December 28 at 9:19 PM
rttnews.com logoAXIS Capital Holdings (AXS) Rose To A New High On Stock Repurchase News
www.rttnews.com - December 14 at 9:31 PM
streetinsider.com logoAxis Capital (AXS) Announces Conrad Brooks Promoted to General Counsel
www.streetinsider.com - December 14 at 1:51 AM
finance.yahoo.com logoAXIS Capital Promotes Conrad D. Brooks to General Counsel
finance.yahoo.com - December 13 at 8:49 PM
finance.yahoo.com logoAXIS Capital Okays New Share Buyback Plan, Hikes Dividend
finance.yahoo.com - December 12 at 3:53 PM
finance.yahoo.com logo8:31 am AXIS Capital authorizes $1 bln share repurchase and increases quarterly dividend to $0.38/share from $0.35/share
finance.yahoo.com - December 11 at 3:38 PM
us.rd.yahoo.com logoAXIS Capital Announces New $1 Billion Share Repurchase Authorization
us.rd.yahoo.com - December 9 at 3:47 PM
marketwatch.com logoAxis Capital unveils $1 billion share buyback program, raises quarterly dividend by 8%
us.rd.yahoo.com - December 9 at 3:47 PM
us.rd.yahoo.com logoAXIS Capital downgraded by Macquarie
us.rd.yahoo.com - December 2 at 4:13 PM
finance.yahoo.com logoShould Axis Capital (AXS) Stock Be in Your Portfolio Now?
finance.yahoo.com - November 30 at 3:46 PM
us.rd.yahoo.com logo4:30 pm AXIS Capital to acquire European specialty aviation insurer and reinsurer Aviabel; terms not disclosed
us.rd.yahoo.com - November 30 at 8:32 AM
businesswire.com logoAXIS Capital Announces Acquisition of Aviabel
www.businesswire.com - November 29 at 5:29 PM

Social

Frequently Asked Questions for Axis Capital Holdings Limited (NYSE:AXS)

What is Axis Capital Holdings Limited's stock symbol?

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

How often does Axis Capital Holdings Limited pay dividends? What is the dividend yield for Axis Capital Holdings Limited?

Axis Capital Holdings Limited announced a quarterly dividend on Tuesday, February 28th. Shareholders of record on Friday, March 31st will be given a dividend of $0.38 per share on Monday, April 17th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Wednesday, March 29th.

How were Axis Capital Holdings Limited's earnings last quarter?

Axis Capital Holdings Limited (NYSE:AXS) issued its earnings results on Wednesday, February, 1st. The company reported $1.14 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.27. The firm earned $464.39 million during the quarter, compared to the consensus estimate of $602.70 million. Axis Capital Holdings Limited had a return on equity of 8.36% and a net margin of 12.82%. The firm's revenue for the quarter was down 22.0% on a year-over-year basis. During the same period last year, the firm earned $1.23 EPS.

When will Axis Capital Holdings Limited make its next earnings announcement?

Axis Capital Holdings Limited is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What guidance has Axis Capital Holdings Limited issued on next quarter's earnings?

Axis Capital Holdings Limited issued an update on its second quarter earnings guidance on Monday, July, 13th. The company provided earnings per share guidance of $0.90-0.96 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.16.

Where is Axis Capital Holdings Limited's stock going? Where will Axis Capital Holdings Limited's stock price be in 2017?

10 equities research analysts have issued twelve-month price targets for Axis Capital Holdings Limited's stock. Their forecasts range from $55.00 to $80.00. On average, they anticipate Axis Capital Holdings Limited's stock price to reach $63.50 in the next year.

Who owns Axis Capital Holdings Limited stock?

Axis Capital Holdings Limited's stock is owned by many different of institutional and retail investors. Top institutional investors include Vulcan Value Partners LLC (9.19%), FMR LLC (7.96%), State Street Corp (3.44%), Dimensional Fund Advisors LP (2.98%), AQR Capital Management LLC (2.03%) and Norges Bank (1.66%). Company insiders that own Axis Capital Holdings Limited stock include Michael A Butt, Richard T Gieryn Jr and Wilhelm Zeller.

Who sold Axis Capital Holdings Limited stock? Who is selling Axis Capital Holdings Limited stock?

Axis Capital Holdings Limited's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vulcan Value Partners LLC, NWQ Investment Management Company LLC, FMR LLC, Franklin Resources Inc., Janus Capital Management LLC, Numeric Investors LLC and UBS Asset Management Americas Inc.. Company insiders that have sold Axis Capital Holdings Limited stock in the last year include Michael A Butt, Richard T Gieryn Jr and Wilhelm Zeller.

Who bought Axis Capital Holdings Limited stock? Who is buying Axis Capital Holdings Limited stock?

Axis Capital Holdings Limited's stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Russell Investments Group Ltd., Asset Management One Co. Ltd., Assenagon Asset Management S.A., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Bessemer Group Inc., State Street Corp and Marshall Wace LLP.

How do I buy Axis Capital Holdings Limited stock?

Shares of Axis Capital Holdings Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Axis Capital Holdings Limited stock cost?

One share of Axis Capital Holdings Limited stock can currently be purchased for approximately $66.77.

Axis Capital Holdings Limited (AXS) Chart for Wednesday, March, 29, 2017

This page was last updated on 3/29/2017 by MarketBeat.com Staff