FY2025 EPS Estimates for AXIS Capital Increased by Analyst

AXIS Capital Holdings Limited (NYSE:AXS) – Equities researchers at Zacks Research lifted their FY2025 earnings per share estimates for shares of AXIS Capital in a report issued on Tuesday, March 25th. Zacks Research analyst T. De now expects that the insurance provider will earn $11.24 per share for the year, up from their prior estimate of $11.22. The consensus estimate for AXIS Capital’s current full-year earnings is $11.19 per share. Zacks Research also issued estimates for AXIS Capital’s FY2026 earnings at $12.40 EPS and FY2027 earnings at $14.53 EPS.

AXIS Capital (NYSE:AXS) last released its quarterly earnings data on Wednesday, January 29th. The insurance provider reported $2.97 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.29. AXIS Capital had a net margin of 18.16% and a return on equity of 18.89%.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company lowered their price objective on AXIS Capital from $89.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods raised their price target on AXIS Capital from $118.00 to $120.00 and gave the company an “outperform” rating in a report on Friday. JMP Securities reissued a “market perform” rating on shares of AXIS Capital in a report on Monday, February 3rd. StockNews.com raised shares of AXIS Capital from a “hold” rating to a “buy” rating in a research note on Tuesday, March 4th. Finally, BMO Capital Markets began coverage on shares of AXIS Capital in a research note on Monday, January 13th. They issued a “market perform” rating and a $93.00 price target for the company. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $100.50.

AXIS Capital Stock Down 0.1 %

Shares of NYSE:AXS opened at $99.57 on Friday. The firm has a fifty day moving average price of $93.00 and a two-hundred day moving average price of $87.74. The company has a market cap of $8.04 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 3.96 and a beta of 0.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.60 and a quick ratio of 0.60. AXIS Capital has a one year low of $60.45 and a one year high of $101.42.

AXIS Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Monday, March 31st. AXIS Capital’s payout ratio is presently 14.25%.

Insiders Place Their Bets

In other AXIS Capital news, Director Charles A. Davis sold 2,139,037 shares of AXIS Capital stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $93.50, for a total value of $199,999,959.50. Following the transaction, the director now directly owns 2,404,133 shares of the company’s stock, valued at $224,786,435.50. The trade was a 47.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is currently owned by insiders.

Institutional Trading of AXIS Capital

A number of institutional investors have recently modified their holdings of AXS. Franklin Resources Inc. boosted its position in AXIS Capital by 48.6% during the 3rd quarter. Franklin Resources Inc. now owns 371,557 shares of the insurance provider’s stock valued at $30,070,000 after acquiring an additional 121,437 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of AXIS Capital during the third quarter valued at approximately $638,000. Verition Fund Management LLC purchased a new stake in AXIS Capital in the third quarter worth $453,000. Geode Capital Management LLC raised its holdings in AXIS Capital by 3.6% in the third quarter. Geode Capital Management LLC now owns 1,267,338 shares of the insurance provider’s stock worth $100,921,000 after purchasing an additional 43,687 shares in the last quarter. Finally, Summit Trail Advisors LLC purchased a new position in AXIS Capital during the fourth quarter valued at $300,000. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

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.