Zacks Research Reduces Earnings Estimates for AXIS Capital

AXIS Capital Holdings Limited (NYSE:AXS) – Stock analysts at Zacks Research reduced their Q2 2025 EPS estimates for shares of AXIS Capital in a research note issued on Monday, October 28th. Zacks Research analyst T. De now expects that the insurance provider will earn $3.08 per share for the quarter, down from their previous forecast of $3.10. The consensus estimate for AXIS Capital’s current full-year earnings is $10.73 per share. Zacks Research also issued estimates for AXIS Capital’s FY2025 earnings at $11.58 EPS, Q3 2026 earnings at $2.46 EPS and FY2026 earnings at $12.96 EPS.

AXIS Capital (NYSE:AXS) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $2.71 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.21. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. AXIS Capital had a return on equity of 19.83% and a net margin of 10.82%. During the same period last year, the company earned $2.34 EPS.

Several other equities research analysts also recently issued reports on AXS. Bank of America increased their price target on AXIS Capital from $81.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. UBS Group lifted their target price on AXIS Capital from $82.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday, July 9th. Jefferies Financial Group upped their price target on shares of AXIS Capital from $88.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Wells Fargo & Company raised their price objective on AXIS Capital from $74.00 to $78.00 and gave the company an “underweight” rating in a research report on Thursday, October 10th. Finally, Roth Mkm raised their target price on shares of AXIS Capital from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $92.86.

AXIS Capital Stock Performance

Shares of AXIS Capital stock opened at $79.06 on Thursday. The firm has a fifty day moving average of $79.37 and a two-hundred day moving average of $73.39. The stock has a market capitalization of $6.66 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 0.27 and a beta of 0.89. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.62. AXIS Capital has a 52 week low of $52.90 and a 52 week high of $83.19.

AXIS Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Monday, September 30th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.23%. The ex-dividend date was Monday, September 30th. AXIS Capital’s payout ratio is currently 24.41%.

Hedge Funds Weigh In On AXIS Capital

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Toronto Dominion Bank bought a new stake in AXIS Capital in the first quarter valued at $5,137,000. Foundry Partners LLC raised its holdings in shares of AXIS Capital by 35.6% in the 1st quarter. Foundry Partners LLC now owns 85,803 shares of the insurance provider’s stock worth $5,579,000 after purchasing an additional 22,540 shares during the period. Connecticut Wealth Management LLC purchased a new position in shares of AXIS Capital during the 1st quarter valued at $838,000. Illinois Municipal Retirement Fund purchased a new stake in AXIS Capital during the first quarter valued at about $1,101,000. Finally, Jennison Associates LLC lifted its stake in shares of AXIS Capital by 1.7% during the 1st quarter. Jennison Associates LLC now owns 1,246,288 shares of the insurance provider’s stock valued at $81,034,000 after buying an additional 20,746 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

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.