NYSE:AXSAxis Capital Stock Price, Forecast & News

$40.00

+0.96 (+2.46 %)

(As of 06/5/2020 09:24 AM ET)

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Today's Range

$38.58

Now: $40.00▼

$40.15

50-Day Range

$33.99

MA: $37.04▼

$41.87

52-Week Range

$31.82

Now: $40.00▼

$67.51

Volume765,613 shs

Average Volume761,365 shs

Market Capitalization$3.37 billion

P/E RatioN/A

Dividend Yield4.20%

Beta0.6

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine art, specie, hull, and war; and terrorism, aviation, credit and political risk, and liability insurance products. It also provides professional insurance products that cover directors' and officers' liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers. In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups, as well as accident and health reinsurance products through wholesale and retail brokers, managing general agents, and underwriters. The Reinsurance segment offers reinsurance products to insurance companies, including catastrophe reinsurance products; property reinsurance products covering property damage and related losses resulting from natural and man-made perils; professional lines; and credit and surety products. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; and marine, aviation, and personal accident reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Axis Capital has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $59.50, Axis Capital has a potential upside of 48.8% from its current price of $40.00.
Amount of Analyst Coverage
Axis Capital has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Axis Capital has received 337 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Axis Capital has received 525 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Axis Capital has received 60.90% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Axis Capital and other stocks. Vote “Outperform” if you believe AXS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AXS will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
Axis Capital is a leading dividend payer. It pays a dividend yield of 4.20%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Axis Capital has been increasing its dividend for 13 years.
Dividend Coverage
The dividend payout ratio of Axis Capital is 65.08 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Axis Capital will have a dividend payout ratio of 37.61 % next year. This indicates that Axis Capital will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axis Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $485,980.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Axis Capital is held by insiders.
Percentage Held by Institutions
91.03% of the stock of Axis Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Axis Capital are expected to grow by 425.30% in the coming year, from $0.83 to $4.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axis Capital is -2,000.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axis Capital is -2,000.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Axis Capital has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.33 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Fire, marine, & casualty insurance

Sub-IndustryProperty & Casualty Insurance

SectorFinance

Current SymbolNYSE:AXS

Previous Symbol

CUSIPG0692U10

CIK1214816

Webwww.axiscapital.com

Phone441-496-2600

Debt

Debt-to-Equity Ratio0.48

Current Ratio0.56

Quick Ratio0.56

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio48.19

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.17 billion

Price / Sales0.65

Cash Flow$4.58 per share

Price / Cash Flow8.74

Book Value$56.80 per share

Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)$2.52

Net Income$323.47 million

Net Margins0.73%

Return on Equity-0.38%

Return on Assets-0.07%

Miscellaneous

Employees1,667

Outstanding Shares84,300,000

Market Cap$3.37 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Axis Capital (NYSE:AXS) Frequently Asked Questions

How has Axis Capital's stock been impacted by COVID-19 (Coronavirus)?

Axis Capital's stock was trading at $48.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AXS stock has decreased by 16.9% and is now trading at $40.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Axis Capital?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axis Capital in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Axis Capital.

When is Axis Capital's next earnings date?

Axis Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Axis Capital.

How were Axis Capital's earnings last quarter?

Axis Capital Holdings Limited (NYSE:AXS) released its quarterly earnings results on Monday, May, 4th. The insurance provider reported ($1.94) EPS for the quarter, missing the Zacks' consensus estimate of ($1.92) by $0.02. The insurance provider had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.94 billion. Axis Capital had a net margin of 0.73% and a negative return on equity of 0.38%. The company's quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter last year, the company posted $1.24 EPS. View Axis Capital's earnings history.

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

Axis Capital announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, June 29th will be paid a dividend of $0.41 per share on Wednesday, July 15th. This represents a $1.64 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date is Friday, June 26th. View Axis Capital's dividend history.

What price target have analysts set for AXS?

6 Wall Street analysts have issued twelve-month price targets for Axis Capital's stock. Their forecasts range from $40.00 to $75.00. On average, they expect Axis Capital's share price to reach $59.50 in the next twelve months. This suggests a possible upside of 48.8% from the stock's current price. View analysts' price targets for Axis Capital.

Has Axis Capital been receiving favorable news coverage?

News coverage about AXS stock has trended very negative this week, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Axis Capital earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutAxis Capital.

Are investors shorting Axis Capital?

Axis Capital saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,180,000 shares, an increase of 16.8% from the April 30th total of 1,010,000 shares. Based on an average trading volume of 874,200 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.4% of the shares of the company are sold short. View Axis Capital's Current Options Chain.

Who are some of Axis Capital's key competitors?

Some companies that are related to Axis Capital include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cincinnati Financial (CINF), Fidelity National Financial (FNF), Cna Financial (CNA), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and RLI (RLI). View all competitors.

What other stocks do shareholders of Axis Capital own?

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), Vermilion Energy (VET), Rogers Communications (RCI), Wheaton Precious Metals (WPM), Open Text (OTEX) and Valeant Pharmaceuticals Intl (VRX).

Who are Axis Capital's key executives?

Axis Capital's management team includes the following people:

Mr. Albert A. Benchimol, CEO, Pres & Director (Age 61)
Mr. Peter John Vogt FSA MAAA, CFO & Exec. VP (Age 55)
Mr. David Samuel Phillips CFA, Chief Investment Officer (Age 50)
Mr. Peter Whittmore Wilson, Chief Exec. Officer of AXIS Insurance (Age 59)
Mr. Steve K. Arora, Chief Exec. Officer of AXIS Reinsurance (Age 43)

What is Axis Capital's stock symbol?

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

Who are Axis Capital's major shareholders?

Axis Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (6.09%), BlackRock Inc. (4.45%), Victory Capital Management Inc. (2.57%), Victory Capital Management Inc. (2.57%), Samlyn Capital LLC (2.40%) and Lord Abbett & CO. LLC (2.25%). Company insiders that own Axis Capital stock include Albert Benchimol, Anne Melissa Dowling, Henry B Smith, Michael A Butt and Peter Vogt. View institutional ownership trends for Axis Capital.

Which institutional investors are selling Axis Capital stock?

AXS stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Janus Henderson Group PLC, BlackRock Inc., JPMorgan Chase & Co., Pzena Investment Management LLC, Nuveen Asset Management LLC, Legal & General Group Plc, and WINTON GROUP Ltd. View insider buying and selling activity for Axis Capital.

Which institutional investors are buying Axis Capital stock?

AXS stock was acquired by a variety of institutional investors in the last quarter, including Johnson Investment Counsel Inc., Samlyn Capital LLC, Ceredex Value Advisors LLC, Wedge Capital Management L L P NC, Victory Capital Management Inc., Victory Capital Management Inc., Russell Investments Group Ltd., and Federated Hermes Inc.. Company insiders that have bought Axis Capital stock in the last two years include Albert Benchimol, Anne Melissa Dowling, Michael A Butt, and Peter Vogt. View insider buying and selling activity for Axis Capital.

How do I buy shares of Axis Capital?

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

What is Axis Capital's stock price today?

One share of AXS stock can currently be purchased for approximately $40.00.

How big of a company is Axis Capital?

Axis Capital has a market capitalization of $3.37 billion and generates $5.17 billion in revenue each year. The insurance provider earns $323.47 million in net income (profit) each year or $2.52 on an earnings per share basis. Axis Capital employs 1,667 workers across the globe.

What is Axis Capital's official website?

The official website for Axis Capital is www.axiscapital.com.

How can I contact Axis Capital?

Axis Capital's mailing address is 92 PITTS BAY ROAD, PEMBROKE D0, HM 08. The insurance provider can be reached via phone at 441-496-2600 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff