AXIS Capital - AXS Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AXIS Capital in the last twelve months. There are currently 1 sell rating, 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.

4 brokerages have issued 12 month price objectives for AXIS Capital's shares. Their AXS share price forecasts range from $55.00 to $66.00. On average, they expect the company's share price to reach $60.50 in the next year. This suggests a possible upside of 0.4% 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 $54.17 at the start of the year. Since then, AXS stock has increased by 11.3% and is now trading at $60.27.
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AXIS Capital saw a increase in short interest in December. As of December 30th, there was short interest totaling 1,040,000 shares, an increase of 13.3% from the December 15th total of 917,900 shares. Based on an average daily trading volume, of 520,700 shares, the short-interest ratio is presently 2.0 days. Approximately 1.3% of the shares of the stock 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 Holdings Limited (NYSE:AXS) issued its quarterly earnings data on Thursday, January, 26th. The insurance provider reported $1.95 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 12.66% and a net margin of 4.34%. The firm's revenue was up 15.7% on a year-over-year basis. During the same period last year, the business earned $2.13 EPS.

AXIS Capital announced a quarterly dividend on Thursday, December 8th. Investors of record on Friday, December 30th will be paid a dividend of $0.44 per share on Wednesday, January 18th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Thursday, December 29th. This is a boost from the stock's previous quarterly dividend of $0.43.
Read our dividend analysis for AXS.

AXIS Capital (NYSE:AXS) pays an annual dividend of $1.76 per share and currently has a dividend yield of 2.91%. 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 20.93% 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 many different institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (6.55%), River Road Asset Management LLC (2.16%), Allspring Global Investments Holdings LLC (1.97%), Scout Investments Inc. (1.38%), Wedge Capital Management L L P NC (0.95%) and Comerica Bank (0.28%). 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 $60.27.

AXIS Capital (NYSE:AXS) has a market capitalization of $5.10 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 2,082 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.