Source: Americanbankingnews

Axis Capital: Zacks Research Has Positive View of AXIS Capital Q1 Earnings

AXIS Capital Holdings Limited ( NYSE:AXS - Free Report ) - Analysts at Zacks Research lifted their Q1 2025 earnings per share estimates for AXIS Capital in a research note issued on Wednesday, January 15th. Zacks Research analyst T. De now expects that the insurance provider will post earnings per share of $2.96 for the quarter, up from their prior estimate of $2.94. The consensus estimate for AXIS Capital's current full-year earnings is $10.88 per share. Zacks Research also issued estimates for AXIS Capital's Q3 2025 earnings at $2.45 EPS, FY2025 earnings at $11.69 EPS, Q2 2026 earnings at $3.43 EPS, Q3 2026 earnings at $3.07 EPS, Q4 2026 earnings at $3.64 EPS and FY2026 earnings at $12.85 EPS. Several other equities research analysts have also issued reports on AXS. Bank of America lifted their price objective on shares of AXIS Capital from $81.00 to $96.00 and gave the company a "buy" rating in a research note on Thursday, October 10th. TD Cowen boosted their price target on AXIS Capital from $118.00 to $127.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. UBS Group raised their price objective on AXIS Capital from $92.00 to $98.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Jefferies Financial Group upped their target price on AXIS Capital from $88.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of AXIS Capital from $108.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $99.25. AXIS Capital Price Performance NYSE AXS opened at $90.19 on Friday. The company has a 50 day moving average price of $89.29 and a two-hundred day moving average price of $81.20. AXIS Capital has a 12-month low of $54.31 and a 12-month high of $94.89. The stock has a market capitalization of $7.54 billion, a PE ratio of 12.51, a price-to-earnings-growth ratio of 0.28 and a beta of 0.95. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.27. AXIS Capital ( NYSE:AXS - Get Free Report ) last announced its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.16. AXIS Capital had a return on equity of 19.24% and a net margin of 10.82%. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the company earned $2.34 EPS. AXIS Capital Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 1.95%. The ex-dividend date was Tuesday, December 31st. AXIS Capital's payout ratio is currently 24.41%. Institutional Trading of AXIS Capital Several hedge funds and other institutional investors have recently bought and sold shares of the stock. True Wealth Design LLC bought a new stake in shares of AXIS Capital during the third quarter valued at approximately $40,000. Point72 Asia Singapore Pte. Ltd. increased its holdings in AXIS Capital by 32.6% in the 2nd quarter. Point72 Asia Singapore Pte. Ltd. now owns 602 shares of the insurance provider's stock valued at $43,000 after buying an additional 148 shares during the period. Versant Capital Management Inc raised its stake in shares of AXIS Capital by 24.0% in the 4th quarter. Versant Capital Management Inc now owns 671 shares of the insurance provider's stock valued at $59,000 after buying an additional 130 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of AXIS Capital by 424.6% during the 3rd quarter. Blue Trust Inc. now owns 1,217 shares of the insurance provider's stock worth $97,000 after acquiring an additional 985 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in shares of AXIS Capital during the 3rd quarter valued at about $99,000. 93.44% of the stock is currently owned by institutional investors and hedge funds. About AXIS Capital ( Get Free Report ) 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. See Also Five stocks we like better than AXIS Capital What is the Dow Jones Industrial Average (DJIA)? Top ETFs That Beat the Market in 2024 and Could Do It Again Canada Bond Market Holiday: How to Invest and Trade J.B. Hunt Leads Truckers Lower: Buy Them While They're Down? Diversification Can Smooth Returns And Mitigate Portfolio Risk MarketBeat Week in Review - 01/13 - 01/17 Receive News & Ratings for AXIS Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AXIS Capital and related companies with MarketBeat.com's FREE daily email newsletter .

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
Salil Pitale's photo - Co-CEO of Axis Capital

Co-CEO

Salil Pitale

CEO Approval Rating

81/100

Read more