NYSE:AXS

AXIS Capital Stock Forecast, Price & News

$50.92

-0.74 (-1.43 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$50.84

Now: $50.92▼

$51.62

50-Day Range

$49.03

MA: $51.16▼

$53.33

52-Week Range

$31.82

Now: $50.92▼

$66.15

Volume356,283 shs

Average Volume333,919 shs

Market Capitalization$4.29 billion

P/E RatioN/A

Dividend Yield3.27%

Beta0.82

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. 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; marine and aviation reinsurance products; and personal accident, specialty health, accidental death, travel, life and disability reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.

MarketRank^™

Overall MarketRank^™

1.88 out of 5 stars

Finance Sector

316th out of 1,705 stocks

Fire, Marine, & Casualty Insurance Industry

27th out of 80 stocks

2.1 Analyst's Opinion

Consensus Rating
AXIS Capital has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $56.50, AXIS Capital has a forecasted upside of 11.0% from its current price of $50.92.
Amount of Analyst Coverage
AXIS Capital has only been the subject of 3 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
AXIS Capital has received 338 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AXIS Capital has received 534 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AXIS Capital has received 61.24% “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.

2.5 Dividend Strength

Dividend Yield
AXIS Capital pays a meaningful dividend of 3.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
AXIS Capital has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of AXIS Capital is 66.67%. 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 38.89% next year. This indicates that AXIS Capital will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AXIS Capital insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.20% of the stock of AXIS Capital is held by insiders.
Percentage Held by Institutions
91.06% of the stock of AXIS Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for AXIS Capital are expected to grow in the coming year, from ($1.09) to $4.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AXIS Capital is -27.38, 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 -27.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
AXIS Capital has a PEG Ratio of 2.38. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AXIS Capital has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees1,667

Debt

Debt-to-Equity Ratio0.37

Current Ratio0.56

Quick Ratio0.56

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E Growth2.38

Sales & Book Value

Annual Sales$5.17 billion

Price / Sales0.83

Cash Flow$4.43 per share

Price / Cash Flow11.49

Book Value$56.80 per share

Price / Book0.90

Profitability

EPS (Most Recent Fiscal Year)$2.52

Net Income$323.47 million

Net Margins-2.53%

Return on Equity-2.79%

Return on Assets-0.50%

Miscellaneous

Outstanding Shares84,320,000

Market Cap$4.29 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$50.92

-0.74 (-1.43 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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AXIS Capital (NYSE:AXS) Frequently Asked Questions

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

AXIS Capital's stock was trading at $48.11 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AXS shares have increased by 5.8% and is now trading at $50.92.
View which stocks have been most impacted by COVID-19.

Is AXIS Capital a buy right now?

5 Wall Street 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 analysts is that investors should "hold" AXIS Capital stock. 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 analyst ratings for AXIS Capital or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than AXIS Capital?

Wall Street analysts have given AXIS Capital a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but AXIS Capital wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is AXIS Capital's next earnings date?

AXIS Capital is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for AXIS Capital.

How can I listen to AXIS Capital's earnings call?

AXIS Capital will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were AXIS Capital's earnings last quarter?

AXIS Capital Holdings Limited (NYSE:AXS) announced its quarterly earnings results on Monday, November, 2nd. The insurance provider reported ($0.77) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.93) by $0.16. The insurance provider earned $1.19 billion during the quarter. AXIS Capital had a negative net margin of 2.53% and a negative return on equity of 2.79%.
View AXIS Capital's earnings history.

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

AXIS Capital declared a quarterly dividend on Thursday, December 3rd. Shareholders of record on Thursday, December 31st will be paid a dividend of $0.42 per share on Friday, January 15th. This represents a $1.68 annualized dividend and a yield of 3.30%. The ex-dividend date is Wednesday, December 30th. This is a positive change from AXIS Capital's previous quarterly dividend of $0.41.
View AXIS Capital's dividend history.

Is AXIS Capital a good dividend stock?

AXIS Capital pays an annual dividend of $1.68 per share and currently has a dividend yield of 3.27%. AXIS Capital does not yet have a strock track record of dividend growth. The dividend payout ratio of AXIS Capital is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AXIS Capital will have a dividend payout ratio of 38.89% next year. This indicates that AXIS Capital will be able to sustain or increase its dividend.
View AXIS Capital's dividend history.

What price target have analysts set for AXS?

5 analysts have issued 12-month price objectives for AXIS Capital's stock. Their forecasts range from $44.00 to $65.00. On average, they anticipate AXIS Capital's share price to reach $56.50 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts' price targets for AXIS Capital or view Wall Street analyst' top-rated stocks.

Are investors shorting AXIS Capital?

AXIS Capital saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,090,000 shares, a decline of 19.9% from the December 15th total of 1,360,000 shares. Based on an average trading volume of 448,900 shares, the short-interest ratio is presently 2.4 days. Approximately 1.5% of the company's shares are sold short.
View AXIS Capital's Short Interest.

Who are some of AXIS Capital's key competitors?

Some companies that are related to AXIS Capital include (BRK.B) (BRK.B), The Progressive (PGR), The Travelers Companies (TRV), The Allstate (ALL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), Markel (MKL), W. R. Berkley (WRB), Fidelity National Financial (FNF), Erie Indemnity (ERIE), CNA Financial (CNA), First American Financial (FAF), Old Republic International (ORI), RLI (RLI) and The Hanover Insurance Group (THG).
View all of AXS's 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 Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), The Boeing (BA), NVIDIA (NVDA), Vermilion Energy Inc. (VET.TO) (VET), AT&T (T) and Mastercard (MA).

Who are AXIS Capital's key executives?

AXIS Capital's management team includes the following people:

Mr. Albert A. Benchimol, CEO, Pres & Director (Age 62, Pay $2.53M)
Mr. Peter John Vogt FSA MAAA, CFO & Exec. VP (Age 56, Pay $1.19M)
Mr. David Samuel Phillips CFA, Chief Investment Officer (Age 51, Pay $1.26M)
Mr. Peter Whittmore Wilson, Chief Exec. Officer of AXIS Insurance (Age 60, Pay $1.53M)
Mr. Steve K. Arora, Chief Exec. Officer of AXIS Reinsurance (Age 44, Pay $1.77M)
Mr. Kent W. Ziegler, Global Corp. Controller & Principal Accounting Officer (Age 57)
Mr. Dan Trueman, Global Head of Cyber & Technology
Mr. Keith Schlosser, Global Chief Information Officer
Mr. Matthew Jay Rohrmann, Head of Investor Relations
Mr. Conrad D. Brooks, Gen. Counsel & Corp. Sec.

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 retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.95%), Raymond James Trust N.A. (0.01%) and First Midwest Bank Trust Division (0.01%). Company insiders that own AXIS Capital stock include Albert Benchimol, Anne Melissa Dowling, Charles A Davis, 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 Wedge Capital Management L L P NC, First Midwest Bank Trust Division, and Raymond James Trust N.A..
View insider buying and selling activity for AXIS Capital or view top insider-selling stocks.

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 WeBull, 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 $50.92.

How big of a company is AXIS Capital?

AXIS Capital has a market capitalization of $4.29 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 1/16/2021 by MarketBeat.com Staff

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