AXIS Capital (AXS) to Release Quarterly Earnings on Wednesday

AXIS Capital (NYSE:AXS) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect AXIS Capital to post earnings of $2.66 per share and revenue of $1.83 billion for the quarter.

AXIS Capital (NYSE:AXS) last posted its earnings results on Wednesday, January 29th. The insurance provider reported $2.97 EPS for the quarter, topping the consensus estimate of $2.68 by $0.29. AXIS Capital had a return on equity of 18.89% and a net margin of 18.16%. On average, analysts expect AXIS Capital to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

AXIS Capital Price Performance

AXIS Capital stock opened at $96.03 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.60 and a quick ratio of 0.60. The company has a market capitalization of $7.55 billion, a PE ratio of 7.78, a price-to-earnings-growth ratio of 3.96 and a beta of 0.67. AXIS Capital has a one year low of $60.85 and a one year high of $101.42. The business has a 50 day simple moving average of $94.70 and a 200 day simple moving average of $90.28.

AXIS Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were given a dividend of $0.44 per share. The ex-dividend date was Monday, March 31st. This represents a $1.76 annualized dividend and a dividend yield of 1.83%. AXIS Capital’s dividend payout ratio (DPR) is presently 14.25%.

Insider Buying and Selling at AXIS Capital

In other AXIS Capital news, Director Charles A. Davis sold 2,139,037 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $93.50, for a total transaction of $199,999,959.50. Following the transaction, the director now directly owns 2,404,133 shares in the company, valued at approximately $224,786,435.50. This represents a 47.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on AXS shares. JMP Securities restated a “market perform” rating on shares of AXIS Capital in a research report on Monday, February 3rd. StockNews.com upgraded AXIS Capital from a “hold” rating to a “buy” rating in a report on Saturday, April 12th. Wells Fargo & Company lifted their price target on AXIS Capital from $97.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, April 10th. BMO Capital Markets started coverage on shares of AXIS Capital in a research report on Monday, January 13th. They set a “market perform” rating and a $93.00 price target on the stock. Finally, UBS Group upped their price target on shares of AXIS Capital from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, April 9th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $106.75.

About AXIS Capital

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.