NYSE:AXSAxis Capital Stock Price, Forecast & News

$40.18

+1.40 (+3.61 %)

(As of 04/9/2020 08:00 AM ET)

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Today's Range

$38.47

Now: $40.18▼

$40.65

50-Day Range

$35.66

MA: $47.49▼

$63.42

52-Week Range

$31.82

Now: $40.18▼

$67.51

Volume549,400 shs

Average Volume1.08 million shs

Market Capitalization$3.38 billion

P/E Ratio12.03

Dividend Yield4.23%

Beta0.77

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 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $65.60, Axis Capital has a potential upside of 63.3% from its current price of $40.18.
Amount of Analyst Coverage
Axis Capital has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Axis Capital has received 335 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Axis Capital has received 519 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Axis Capital has received 60.77% “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 4.23%, 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 31.54 % next year. This indicates that Axis Capital will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axis Capital insiders have sold 48.91% more of their company's stock than they have bought. Specifically, they have bought $435,902.00 in company stock and sold $649,100.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Axis Capital is held by insiders.
Percentage Held by Institutions
91.01% 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 by 11.59% in the coming year, from $4.66 to $5.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axis Capital is 12.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axis Capital is 12.03, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 11.23.
Price to Earnings Growth Ratio
Axis Capital has a PEG Ratio of 1.66. 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 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.49 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

Webhttp://www.axiscapital.com/

Phone441-496-2600

Debt

Debt-to-Equity Ratio0.41

Current Ratio0.57

Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio12.03

Forward P/E Ratio8.62

P/E Growth1.66

Sales & Book Value

Annual Sales$5.17 billion

Price / Sales0.65

Cash Flow$4.63 per share

Price / Cash Flow8.68

Book Value$56.80 per share

Price / Book0.71

Profitability

EPS (Most Recent Fiscal Year)$2.52

Net Income$323.47 million

Net Margins6.25%

Return on Equity5.39%

Return on Assets0.99%

Miscellaneous

Employees1,667

Outstanding Shares84,000,000

Market Cap$3.38 billion

Next Earnings Date4/22/2020 (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 shares have decreased by 16.5% and is now trading at $40.18. View which stocks have been most impacted by Coronavirus.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axis Capital in the last year. There are currently 1 sell rating, 1 hold rating 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 Wednesday, April 22nd 2020. View our earnings forecast for Axis Capital.

How were Axis Capital's earnings last quarter?

Axis Capital Holdings Limited (NYSE:AXS) issued its earnings results on Wednesday, January, 29th. The insurance provider reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. The insurance provider earned $786.15 million during the quarter, compared to the consensus estimate of $741.78 million. Axis Capital had a net margin of 6.25% and a return on equity of 5.39%. Axis Capital's revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.61) 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, February 20th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.41 per share on Wednesday, April 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date of this dividend is Monday, March 30th. View Axis Capital's dividend history.

What price target have analysts set for AXS?

5 equities research analysts have issued twelve-month target prices for Axis Capital's stock. Their forecasts range from $47.00 to $75.00. On average, they anticipate Axis Capital's stock price to reach $65.60 in the next twelve months. This suggests a possible upside of 63.3% from the stock's current price. View analysts' price targets for Axis Capital.

Has Axis Capital been receiving favorable news coverage?

News headlines about AXS stock have trended very negative on Thursday, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Axis Capital earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutAxis Capital.

Are investors shorting Axis Capital?

Axis Capital saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 722,100 shares, a drop of 10.3% from the February 27th total of 805,000 shares. Based on an average trading volume of 508,800 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.9% of the shares of the company are short sold. 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), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cna Financial (CNA), Erie Indemnity (ERIE), Fidelity National Financial (FNF), First American Financial (FAF), Old Republic International (ORI), RLI (RLI) and Hanover Insurance Group (THG).

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."

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 $40.18.

How big of a company is Axis Capital?

Axis Capital has a market capitalization of $3.38 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. View additional information about Axis Capital.

What is Axis Capital's official website?

The official website for Axis Capital is http://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 4/9/2020 by MarketBeat.com Staff

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NYSE:AXSAxis Capital Stock Price, Forecast & News

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Adding Axis Capital Holdings Limited

Beat the Market (BTM) Rank™

3.2 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.0 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

5.0 Dividend Strength

Dividend Leadership

Dividend Growth

Dividend Coverage

Dividend Sustainability