AXIS Capital - AXS Stock Forecast, Price & News

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

3 Wall Street analysts have issued 12 month target prices for AXIS Capital's shares. Their AXS share price forecasts range from $57.00 to $66.00. On average, they anticipate the company's share price to reach $61.33 in the next year. This suggests a possible upside of 22.4% 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 $54.47 on January 1st, 2022. Since then, AXS stock has decreased by 8.0% and is now trading at $50.11.
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AXIS Capital saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,040,000 shares, an increase of 12.6% from the August 15th total of 923,700 shares. Based on an average daily trading volume, of 403,700 shares, the short-interest ratio is presently 2.6 days. Approximately 1.4% of the company's stock are short sold.
View AXIS Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our AXS earnings forecast.

AXIS Capital Holdings Limited (NYSE:AXS) issued its quarterly earnings data on Tuesday, July, 26th. The insurance provider reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.20. The insurance provider had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.30 billion. AXIS Capital had a trailing twelve-month return on equity of 11.81% and a net margin of 8.55%. During the same period in the previous year, the company posted $2.00 EPS.

AXIS Capital announced a quarterly dividend on Wednesday, September 21st. Investors of record on Monday, October 3rd will be paid a dividend of $0.43 per share on Tuesday, October 18th. This represents a $1.72 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend is Friday, September 30th.
Read our dividend analysis for AXS.

AXIS Capital (NYSE:AXS) pays an annual dividend of $1.72 per share and currently has a dividend yield of 3.52%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AXS will have a dividend payout ratio of 24.47% 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 retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (12.46%), Pzena Investment Management LLC (8.01%), Jennison Associates LLC (2.15%), River Road Asset Management LLC (2.05%), Allspring Global Investments Holdings LLC (2.01%) and State Street Corp (1.86%). Insiders that own company stock include Albert Benchimol, Anne Melissa Dowling, Charles A Davis, Henry B Smith, Michael A Butt and Peter Vogt.
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 $50.11.

AXIS Capital (NYSE:AXS) has a market capitalization of $4.24 billion and generates $5.32 billion in revenue each year. The insurance provider earns $618.61 million in net income (profit) each year or $4.84 on an earnings per share basis.

The company employs 2,082 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.