Axis Capital Holdings Limited (NYSE:AXS – Free Report) – Analysts at Zacks Research boosted their Q4 2026 earnings per share estimates for shares of Axis Capital in a research note issued on Monday, October 12th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $3.44 per share for the quarter, up from their prior estimate of $3.43. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Axis Capital’s current full-year earnings is $12.41 per share. Zacks Research also issued estimates for Axis Capital’s Q3 2027 earnings at $3.38 EPS, Q4 2027 earnings at $3.58 EPS, Q2 2028 earnings at $3.77 EPS and Q3 2028 earnings at $3.27 EPS.
Axis Capital (NYSE:AXS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The insurance provider reported $2.84 earnings per share for the quarter, missing the consensus estimate of $3.25 by ($0.41). The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.74 billion. Axis Capital had a return on equity of 17.00% and a net margin of 16.23%. Axis Capital’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.29 earnings per share.
Get Our Latest Analysis on Axis Capital
Axis Capital Trading Up 0.4%
AXS opened at $97.70 on Wednesday. The company’s 50 day moving average is $98.69 and its 200-day moving average is $101.85. Axis Capital has a 1-year low of $88.07 and a 1-year high of $119.99. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The company has a market cap of $7.13 billion, a P/E ratio of 7.63, a PEG ratio of 4.24 and a beta of 0.45.
Axis Capital Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.44 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.76 annualized dividend and a yield of 1.8%. Axis Capital’s dividend payout ratio (DPR) is currently 12.50%.
Institutional Investors Weigh In On Axis Capital
A number of institutional investors have recently added to or reduced their stakes in AXS. NorthCrest Asset Manangement LLC grew its holdings in Axis Capital by 10.5% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 7,255 shares of the insurance provider’s stock worth $707,000 after acquiring an additional 687 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Axis Capital by 23.8% during the third quarter. Farther Finance Advisors LLC now owns 1,414 shares of the insurance provider’s stock valued at $133,000 after acquiring an additional 272 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of Axis Capital by 8.0% during the second quarter. QRG Capital Management Inc. now owns 5,849 shares of the insurance provider’s stock valued at $628,000 after acquiring an additional 433 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of Axis Capital during the second quarter valued at $422,000. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Axis Capital by 0.5% during the second quarter. Sequoia Financial Advisors LLC now owns 30,646 shares of the insurance provider’s stock valued at $3,293,000 after acquiring an additional 159 shares during the last quarter. 93.44% of the stock is owned by institutional investors.
About Axis Capital
AXIS Capital Holdings Limited is a global specialty insurance and reinsurance company headquartered in Bermuda. Through its insurance and reinsurance operations, the company provides coverage and risk-transfer solutions for businesses, institutions, and other insurers.
Its insurance offerings include commercial property and casualty coverage, professional liability, cyber insurance, marine and aviation insurance, accident and health products, and other specialty lines. Its reinsurance business supports primary insurers across property, casualty, specialty, and other risks, using both treaty and facultative arrangements.
Founded in 2001, AXIS serves clients and distribution partners through operations in key insurance markets, including Bermuda, the United States, Canada, the United Kingdom, Europe, and other international locations.
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