NYSE:AXSAxis Capital Stock Price, Forecast & News

Axis Capital's stock was trading at $48.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AXS shares have decreased by 15.7% and is now trading at $40.56. View which stocks have been most impacted by Coronavirus.

6 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Axis Capital.

Axis Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Axis Capital.

Axis Capital Holdings Limited (NYSE:AXS) issued its quarterly earnings results on Monday, May, 4th. The insurance provider reported ($1.94) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.92) by $0.02. The insurance provider earned $1.68 billion during the quarter, compared to the consensus estimate of $1.94 billion. Axis Capital had a negative return on equity of 0.38% and a net margin of 0.73%. The business's revenue for the quarter was down 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.24 EPS. View Axis Capital's earnings history.

Axis Capital announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, June 29th will be paid a dividend of $0.41 per share on Wednesday, July 15th. This represents a $1.64 annualized dividend and a dividend yield of 4.04%. The ex-dividend date is Friday, June 26th. View Axis Capital's dividend history.

6 brokerages have issued 12-month price objectives for Axis Capital's stock. Their forecasts range from $40.00 to $75.00. On average, they expect Axis Capital's share price to reach $59.50 in the next year. This suggests a possible upside of 46.7% from the stock's current price. View analysts' price targets for Axis Capital.

News articles about AXS stock have been trending very negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Axis Capital earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Axis Capital.

Axis Capital saw a decrease in short interest in June. As of June 15th, there was short interest totaling 1,120,000 shares, a decrease of 47.9% from the May 31st total of 2,150,000 shares. Based on an average daily trading volume, of 953,600 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.4% of the shares of the stock are short sold. View Axis Capital's Current Options Chain.

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

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).

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

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.

One share of AXS stock can currently be purchased for approximately $40.56.

Axis Capital has a market capitalization of $3.42 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.

The official website for Axis Capital is www.axiscapital.com.

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]