NYSE:AXS

AXIS Capital Stock Forecast, Price & News

$44.52

-0.10 (-0.22 %)

(As of 10/29/2020 04:47 PM ET)

Add

Compare

Today's Range

$43.14

Now: $44.52▼

$45.50

50-Day Range

$42.78

MA: $45.25▼

$48.24

52-Week Range

$31.82

Now: $44.52▼

$66.15

Volume886,681 shs

Average Volume824,839 shs

Market Capitalization$3.75 billion

P/E RatioN/A

Dividend Yield3.68%

Beta0.7

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^™

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 $53.80, AXIS Capital has a forecasted upside of 20.8% from its current price of $44.52.
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 338 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AXIS Capital has received 528 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AXIS Capital has received 60.97% “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 3.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
AXIS Capital does not have a long track record of dividend growth.
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 38.23% 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 $111,993,739.00 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
91.52% 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 ($0.92) to $4.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AXIS Capital is -67.45, 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 -67.45, 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 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.37 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

Employees1,667

Debt

Debt-to-Equity Ratio0.35

Current Ratio0.59

Quick Ratio0.59

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.17 billion

Price / Sales0.73

Cash Flow$4.12 per share

Price / Cash Flow10.80

Book Value$56.80 per share

Price / Book0.78

Profitability

EPS (Most Recent Fiscal Year)$2.52

Net Income$323.47 million

Net Margins-0.41%

Return on Equity-1.85%

Return on Assets-0.33%

Miscellaneous

Outstanding Shares84,307,000

Market Cap$3.75 billion

Next Earnings Date2/3/2021 (Estimated)

OptionableOptionable

$44.52

-0.10 (-0.22 %)

(As of 10/29/2020 04:47 PM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive AXS News and Ratings via Email

Sign-up to receive the latest news and ratings for AXS and its competitors with MarketBeat's FREE daily newsletter.

AXIS Capital (NYSE:AXS) Frequently Asked Questions

How has AXIS Capital's stock been impacted by 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 (WHO). Since then, AXS shares have decreased by 7.5% and is now trading at $44.49.
View which stocks have been most impacted by COVID-19.

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, 2 hold ratings and 2 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, February 3rd 2021.
View our earnings forecast for AXIS Capital.

How were AXIS Capital's earnings last quarter?

AXIS Capital Holdings Limited (NYSE:AXS) posted its earnings results on Wednesday, October, 28th. The insurance provider reported ($0.77) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.87) by $0.10. AXIS Capital had a negative return on equity of 1.85% and a negative net margin of 0.41%.
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 Wednesday, September 16th. Shareholders of record on Friday, October 2nd will be given a dividend of $0.41 per share on Thursday, October 15th. This represents a $1.64 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Thursday, October 1st.
View AXIS Capital's dividend history.

What price target have analysts set for AXS?

5 brokers have issued 1 year price targets for AXIS Capital's shares. Their forecasts range from $46.00 to $62.00. On average, they anticipate AXIS Capital's stock price to reach $53.80 in the next year. This suggests a possible upside of 20.9% from the stock's current price.
View analysts' price targets for AXIS Capital.

Are investors shorting AXIS Capital?

AXIS Capital saw a decrease in short interest in October. As of October 15th, there was short interest totaling 1,950,000 shares, a decrease of 20.4% from the September 30th total of 2,450,000 shares. Based on an average trading volume of 790,100 shares, the short-interest ratio is currently 2.5 days. Currently, 2.7% of the shares of the stock are short sold.
View AXIS Capital's Short Interest.

Who are some of AXIS Capital's key competitors?

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

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 number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (2.15%), LSV Asset Management (1.54%), Cambiar Investors LLC (0.22%), Hunter Perkins Capital Management LLC (0.15%), State of New Jersey Common Pension Fund D (0.08%) and First Hawaiian Bank (0.02%). 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 major investors are selling AXIS Capital stock?

AXS stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Hunter Perkins Capital Management LLC, Nisa Investment Advisors LLC, State of New Jersey Common Pension Fund D, Envestnet Asset Management Inc., First Midwest Bank Trust Division, First Hawaiian Bank, and Clear Harbor Asset Management LLC.
View insider buying and selling activity for AXIS Capital.

Which major investors are buying AXIS Capital stock?

AXS stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Clear Street Markets LLC, CWM LLC, Cambridge Investment Research Advisors Inc., Cambiar Investors LLC, and Raymond James Trust N.A.. Company insiders that have bought AXIS Capital stock in the last two years include Albert Benchimol, Anne Melissa Dowling, Charles A Davis, 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 $44.49.

How big of a company is AXIS Capital?

AXIS Capital has a market capitalization of $3.75 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 10/29/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings