AXIS Capital - AXS Stock Forecast, Price & News

4 Wall Street equities research 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 1 buy rating for the stock. The consensus among Wall Street equities 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.

4 analysts have issued 12 month target prices for AXIS Capital's shares. Their AXS share price forecasts range from $55.00 to $66.00. On average, they predict the company's stock price to reach $61.50 in the next twelve months. This suggests a possible upside of 19.3% 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 $54.17 at the start of the year. Since then, AXS stock has decreased by 4.9% and is now trading at $51.54.
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AXIS Capital saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,040,000 shares, an increase of 10.3% from the February 13th total of 942,500 shares. Based on an average trading volume of 505,600 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.4% of the company's shares are sold short.
View AXIS Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our AXS earnings forecast.

AXIS Capital will be holding an earnings conference call on Thursday, April 27th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8475853".

AXIS Capital Holdings Limited (NYSE:AXS) posted its earnings results on Thursday, January, 26th. The insurance provider reported $1.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.70 by $0.25. The insurance provider had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.06 billion. AXIS Capital had a trailing twelve-month return on equity of 12.72% and a net margin of 4.34%. The business's quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.13 earnings per share.

AXIS Capital declared a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Friday, March 31st will be given a dividend of $0.44 per share on Tuesday, April 18th. This represents a $1.76 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for AXS.

ETFs with the largest weight of AXIS Capital (NYSE:AXS) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), iShares Focused Value Factor ETF (FOVL), SPDR S&P Insurance ETF (KIE), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), First Trust Financial AlphaDEX Fund (FXO), iShares U.S. Insurance ETF (IAK), Avantis U.S. Small Cap Value ETF (AVUV) and Victoryshares Dividend Accelerator ETF (VSDA).

AXIS Capital (NYSE:AXS) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.21%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 78.22%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AXS will have a dividend payout ratio of 20.71% 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 variety of institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (12.04%), Pzena Investment Management LLC (6.55%), Dimensional Fund Advisors LP (4.54%), American Century Companies Inc. (2.79%), River Road Asset Management LLC (2.16%) and Jennison Associates LLC (2.12%). Insiders that own company stock include Anne Melissa Dowling and Charles A Davis.
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 $51.54.

AXIS Capital (NYSE:AXS) has a market capitalization of $4.37 billion and generates $5.14 billion in revenue each year. The insurance provider earns $223.08 million in net income (profit) each year or $2.25 on an earnings per share basis.

The company employs 2,064 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.