Axis Capital Holdings Limited Company Profile (NYSE:AXS)

About Axis Capital Holdings Limited (NYSE:AXS)

Axis Capital Holdings Limited logoAXIS Capital Holdings Limited is a holding company. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe and Singapore. Its business consists of two global underwriting platforms: AXIS Insurance and AXIS Re. Its segments include Insurance and Reinsurance. The insurance segment operates through offices in Bermuda, the United States, Canada, Europe, Singapore and the Middle East. Its reinsurance segment operates through offices in Bermuda, the United States, Switzerland, Singapore, Brazil and Canada. The business lines in its insurance segment include property, marine, terrorism, aviation, credit and political risk, professional lines, liability, and accident and health. The business lines in its Reinsurance segment include catastrophe; property; professional lines; credit and surety; motor; liability; agriculture; engineering, and marine and other.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Reinsurance
  • Sub-Industry: Property & Casualty Insurance
  • Symbol: NYSE:AXS
  • CUSIP: G0692U10
  • Web: www.axiscapital.com
Capitalization:
  • Market Cap: $4.74 billion
  • Outstanding Shares: 83,154,000
Average Prices:
  • 50 Day Moving Avg: $56.98
  • 200 Day Moving Avg: $62.73
  • 52 Week Range: $52.15 - $71.06
P/E:
  • Trailing P/E Ratio: 12.59
  • Foreward P/E Ratio: 12.27
  • P/E Growth: -6.99
Sales & Book Value:
  • Annual Revenue: $4.16 billion
  • Price / Sales: 1.14
  • Book Value: $61.51 per share
  • Price / Book: 0.93
Dividend:
  • Annual Dividend: $1.52
  • Dividend Yield: 2.6%
Profitability:
  • EBITDA: $510.55 million
  • Net Margins: 10.81%
  • Return on Equity: 9.17%
  • Return on Assets: 2.25%
Debt:
  • Debt-to-Equity Ratio: 0.19%
  • Current Ratio: 0.49%
  • Quick Ratio: 0.49%
Misc:
  • Average Volume: 625,883 shs.
  • Beta: 0.59
  • Short Ratio: 2.67
 

Frequently Asked Questions for Axis Capital Holdings Limited (NYSE:AXS)

What is Axis Capital Holdings Limited's stock symbol?

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

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

Axis Capital Holdings Limited declared a quarterly dividend on Wednesday, September 27th. Shareholders of record on Monday, October 9th will be given a dividend of $0.38 per share on Monday, October 16th. This represents a $1.52 annualized dividend and a yield of 2.66%. The ex-dividend date is Thursday, October 5th. This is a boost from Axis Capital Holdings Limited's previous quarterly dividend of $0.29. View Axis Capital Holdings Limited's Dividend History.

How were Axis Capital Holdings Limited's earnings last quarter?

Axis Capital Holdings Limited (NYSE:AXS) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.19 by $0.12. The company earned $956.02 million during the quarter, compared to analyst estimates of $989.95 million. Axis Capital Holdings Limited had a net margin of 10.81% and a return on equity of 9.17%. The company's quarterly revenue was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.51 EPS. View Axis Capital Holdings Limited's Earnings History.

When will Axis Capital Holdings Limited make its next earnings announcement?

Axis Capital Holdings Limited is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Axis Capital Holdings Limited.

Where is Axis Capital Holdings Limited's stock going? Where will Axis Capital Holdings Limited's stock price be in 2017?

11 analysts have issued 12-month price targets for Axis Capital Holdings Limited's shares. Their forecasts range from $55.00 to $70.00. On average, they expect Axis Capital Holdings Limited's stock price to reach $64.00 in the next twelve months. View Analyst Ratings for Axis Capital Holdings Limited.

What are analysts saying about Axis Capital Holdings Limited stock?

Here are some recent quotes from research analysts about Axis Capital Holdings Limited stock:

  • 1. According to Zacks Investment Research, "Stiff competition in the reinsurance industry, slowing growth and lowering profitability along with escalating expenses eating into margins remain concerns for AXIS Capital. Also, shares of AXIS Capital have underperformed the industry in a year’s time. However, Axis Capital continues to build on its Specialty Insurance, Reinsurance, Accident and Health to pave way for long-term growth. It remains focused on deploying resources prudently, enhancing efficiencies and better serving clients and brokers across the globe. It has also been improving its portfolio mix and underwriting profitability apart from strengthening the casualty and professional lines in the insurance segment. Its inorganic growth story remains impressive with strategic buyouts. In its recent endeavor, the company even raised the offer price to buy Novae Group as the same will place AXIS Capital as one of the top ten insurers at Lloyds. " (9/26/2017)
  • 2. Wells Fargo & Company analysts commented, "FFO/sh. Beat. 2Q FFO/sh. was $1.48 vs. Cantor/consensus (FactSet) $1.43/ $1.44. The variance to the estimates includes lower NOI offset by lower G&A and interest expense." (7/27/2017)

Are investors shorting Axis Capital Holdings Limited?

Axis Capital Holdings Limited saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,494,676 shares, an increase of 44.4% from the August 31st total of 1,035,157 shares. Based on an average daily volume of 1,052,187 shares, the short-interest ratio is presently 1.4 days. Currently, 1.8% of the company's stock are short sold.

Who are some of Axis Capital Holdings Limited's key competitors?

Who are Axis Capital Holdings Limited's key executives?

Axis Capital Holdings Limited's management team includes the folowing people:

  • Michael A. Butt, Chairman of the Board of Directors
  • Albert A. Benchimol, President, Chief Executive Officer, Director
  • Joseph C. Henry, Chief Financial Officer
  • Christopher N. DiSipio, Chief Executive Officer of AXIS Accident & Health
  • Jan Ekberg, Interim Chief Executive Officer - AXIS Reinsurance
  • Peter W. Wilson, Chief Executive Officer of AXIS Insurance
  • Peter Vogt, Chief Financial Officer
  • Jane Boisseau, Independent Director
  • Charles A. Davis, Independent Director
  • Robert L. Friedman, Independent Director

Who owns Axis Capital Holdings Limited stock?

Axis Capital Holdings Limited's stock is owned by many different of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (1.84%), APG Asset Management N.V. (1.17%), PGGM Investments (0.40%), Shell Asset Management Co. (0.23%) and Assenagon Asset Management S.A. (0.08%). Company insiders that own Axis Capital Holdings Limited stock include Michael A Butt, Richard T Gieryn Jr and Wilhelm Zeller. View Institutional Ownership Trends for Axis Capital Holdings Limited.

Who sold Axis Capital Holdings Limited stock? Who is selling Axis Capital Holdings Limited stock?

Axis Capital Holdings Limited's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V. and Assenagon Asset Management S.A.. View Insider Buying and Selling for Axis Capital Holdings Limited.

Who bought Axis Capital Holdings Limited stock? Who is buying Axis Capital Holdings Limited stock?

Axis Capital Holdings Limited's stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments and Shell Asset Management Co.. View Insider Buying and Selling for Axis Capital Holdings Limited.

How do I buy Axis Capital Holdings Limited stock?

Shares of Axis Capital Holdings Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Axis Capital Holdings Limited's stock price today?

One share of Axis Capital Holdings Limited stock can currently be purchased for approximately $57.04.


MarketBeat Community Rating for Axis Capital Holdings Limited (NYSE AXS)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  395
MarketBeat's community ratings are surveys of what our community members think about Axis Capital Holdings Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Axis Capital Holdings Limited (NYSE:AXS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.91)
Consensus Price Target: $64.00 (12.20% upside)
Consensus Price Target History for Axis Capital Holdings Limited (NYSE:AXS)
Price Target History for Axis Capital Holdings Limited (NYSE:AXS)
Analysts' Ratings History for Axis Capital Holdings Limited (NYSE:AXS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017MKM PartnersLower Price TargetBuy$80.00 -> $70.00N/AView Rating Details
10/13/2017Bank of America CorporationLower Price TargetBuy$73.00 -> $67.00N/AView Rating Details
10/2/2017Citigroup Inc.Lower Price TargetNeutral$59.00 -> $58.00LowView Rating Details
9/11/2017Buckingham ResearchInitiated CoverageNeutral -> Neutral$58.00LowView Rating Details
8/18/2017Keefe, Bruyette & WoodsReiterated RatingHold$67.00LowView Rating Details
7/27/2017Wells Fargo & CompanyReiterated RatingSellHighView Rating Details
7/6/2017Morgan StanleyReiterated RatingEqual Weight$68.00 -> $70.00LowView Rating Details
3/15/2017Deutsche Bank AGReiterated RatingHold$66.00 -> $64.00LowView Rating Details
2/3/2017BMO Capital MarketsReiterated RatingMarket Perform$64.00 -> $67.00N/AView Rating Details
1/17/2017MacquarieDowngradeNeutral -> Underperform$55.00N/AView Rating Details
11/15/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> SellN/AView Rating Details
5/26/2016Langen McalennDowngradeBuy -> NeutralN/AView Rating Details
5/26/2016Janney Montgomery ScottDowngradeBuy -> NeutralN/AView Rating Details
1/19/2016JMP SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Axis Capital Holdings Limited (NYSE:AXS)
Earnings by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Earnings History by Quarter for Axis Capital Holdings Limited (NYSE AXS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.89N/AView Earnings Details
7/26/20176/30/2017$1.19$1.31$989.95 million$956.02 millionViewN/AView Earnings Details
4/26/20173/31/2017$0.81$0.59$1.69 billion$1.51 billionViewN/AView Earnings Details
2/1/2017Q416$0.87$1.14$602.70 million$464.39 millionViewListenView Earnings Details
10/26/2016Q316$1.05$1.78$710.69 million$595.43 millionViewN/AView Earnings Details
7/26/2016Q216$0.32$0.51$983.53 million$1.06 billionViewN/AView Earnings Details
4/26/2016Q116$1.08$1.07$1.48 billion$1.69 billionViewN/AView Earnings Details
2/2/2016Q415$1.13$1.23$567.11 million$595.00 millionViewN/AView Earnings Details
10/27/2015Q315$0.65$0.51$686.67 million$677.22 millionViewListenView Earnings Details
7/28/2015Q215$0.93$0.93$1.02 billion$946.54 millionViewListenView Earnings Details
4/29/2015Q115$1.18$1.35$1.05 billion$1.01 billionViewN/AView Earnings Details
2/3/2015Q414$1.20$1.18$1.06 billion$1.03 billionViewN/AView Earnings Details
10/29/2014Q314$1.20$1.27$744.53 million$687.00 millionViewN/AView Earnings Details
7/29/2014Q214$1.23$1.63$1.10 billion$1.12 billionViewN/AView Earnings Details
4/29/2014Q114$1.31$1.24$1.65 billion$1.04 billionViewN/AView Earnings Details
2/4/2014Q413$1.30$1.41$1.05 million$1.08 millionViewN/AView Earnings Details
10/30/2013Q313$0.86$1.21$705.07 million$1.04 billionViewN/AView Earnings Details
7/30/2013Q2 2013$0.54$0.43$855.76 million$1.05 billionViewN/AView Earnings Details
4/25/2013Q1 2013$1.17$1.92$1.29 billion$1.03 billionViewN/AView Earnings Details
2/4/2013Q4 2012($1.09)($0.23)$945.73 million$975.50 millionViewN/AView Earnings Details
10/31/2012Q312$1.08$1.63$691.33 millionViewN/AView Earnings Details
7/31/2012$0.96$0.90ViewN/AView Earnings Details
4/26/2012$1.09$1.07ViewN/AView Earnings Details
2/7/2012$0.37$0.53ViewN/AView Earnings Details
11/1/2011$0.78$0.74ViewN/AView Earnings Details
8/3/2011$0.53$0.65ViewN/AView Earnings Details
4/28/2011($3.35)($3.39)ViewN/AView Earnings Details
2/8/2011$1.21$1.41ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Axis Capital Holdings Limited (NYSE:AXS)
2017 EPS Consensus Estimate: $4.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.14$1.39$1.27
Q2 20172$1.12$1.23$1.18
Q3 20172$0.58$1.01$0.80
Q4 20171$1.17$1.17$1.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Axis Capital Holdings Limited (NYSE:AXS)
Most Recent Dividend:10/16/2017
Annual Dividend:$1.52
Dividend Yield:2.66%
Dividend Growth:11.90% (3 Year Average)
Payout Ratio:33.70% (Trailing 12 Months of Earnings)
-83.98% (Based on This Year's Estimates)
32.69% (Based on Next Year's Estimates)
Track Record:10 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Axis Capital Holdings Limited (NYSE:AXS)

Dividend History by Quarter for Axis Capital Holdings Limited (NYSE AXS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/27/2017Quarterly$0.382.65%10/5/201710/9/201710/16/2017
6/15/2017Quarterly$0.382.33%6/28/20176/30/20177/17/2017
2/28/2017quarterly$0.382.19%3/29/20173/31/20174/17/2017
12/12/2016Quarterly$0.382.34%12/28/201612/30/20161/17/2017
9/22/2016Quarterly$0.352.57%9/29/201610/3/201610/17/2016
5/9/2016quarterly$0.352.57%6/28/20166/30/20167/15/2016
2/29/2016quarterly$0.352.61%3/29/20163/31/20164/15/2016
12/7/2015Quarterly$0.3512/29/201512/31/20151/15/2016
9/11/2015$0.299/28/20159/30/201510/15/2015
5/11/2015quarterly$0.292.1%6/26/20156/30/20157/15/2015
2/23/2015quarterly$0.292.22%3/27/20153/31/20154/15/2015
12/5/2014quarterly$0.292.26%12/29/201412/31/20141/15/2015
9/12/2014quarterly$0.272.25%9/26/20149/30/201410/15/2014
5/8/2014quarterly$0.272.39%6/26/20146/30/20147/15/2014
2/21/2014quarterly$0.272.51%3/27/20143/31/20144/15/2014
12/9/2013quarterly$0.272.24%12/27/201312/31/20131/15/2014
9/18/2013quarterly$0.252.3%9/27/201310/1/201310/15/2013
5/3/2013quarterly$0.252.24%6/26/20136/28/20137/15/2013
2/22/2013quarterly$0.252.5%3/26/20133/28/20134/15/2013
12/17/2012quarterly$0.252.85%12/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Axis Capital Holdings Limited (NYSE:AXS)
Insider Ownership Percentage: 1.89%
Institutional Ownership Percentage: 86.08%
Insider Trades by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Institutional Ownership by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Insider Trades by Quarter for Axis Capital Holdings Limited (NYSE:AXS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/4/2017Michael A ButtDirectorSell158,946$65.38$10,391,889.48View SEC Filing  
10/14/2016Michael A ButtDirectorSell40,673$57.01$2,318,767.73View SEC Filing  
9/9/2016Richard T Gieryn JrEVPSell10,400$56.15$583,960.00View SEC Filing  
5/20/2016Richard T Gieryn JrEVPSell14,967$54.37$813,755.79View SEC Filing  
5/3/2016Wilhelm ZellerDirectorSell9,700$53.31$517,107.00View SEC Filing  
3/4/2016Richard T Gieryn JrEVPSell15,697$54.99$863,178.03View SEC Filing  
12/10/2015Richard T Gieryn JrGeneral CounselSell17,700$56.60$1,001,820.00View SEC Filing  
11/20/2014Henry B SmithDirectorSell8,000$49.23$393,840.00View SEC Filing  
11/20/2014Richard T Gieryn JrGeneral CounselSell24,500$49.79$1,219,855.00View SEC Filing  
6/10/2014Richard T Gieryn JrEVPSell10,000$46.46$464,600.00View SEC Filing  
11/6/2013Dennis RedingCOOSell40,000$48.03$1,921,200.00View SEC Filing  
9/5/2013John GressierCEOBuy176,000$42.47$7,474,720.00View SEC Filing  
5/21/2013Donald J GreeneDirectorSell8,000$43.56$348,480.00View SEC Filing  
5/14/2013Richard T Gieryn JrEVPSell12,060$45.53$549,091.80View SEC Filing  
8/30/2012John Drake NicholsCEOBuy30,000$33.60$1,008,000.00View SEC Filing  
8/9/2012Richard T Gieryn JrEVPSell6,000$34.14$204,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Axis Capital Holdings Limited (NYSE:AXS)
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Axis Capital Holdings Limited (AXS) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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