Zacks Research Forecasts Stronger Earnings for AXIS Capital

AXIS Capital Holdings Limited (NYSE:AXS) – Investment analysts at Zacks Research upped their Q3 2025 EPS estimates for AXIS Capital in a research note issued on Thursday, November 28th. Zacks Research analyst T. De now forecasts that the insurance provider will post earnings per share of $2.43 for the quarter, up from their prior forecast of $2.42. The consensus estimate for AXIS Capital’s current full-year earnings is $10.89 per share. Zacks Research also issued estimates for AXIS Capital’s FY2025 earnings at $11.64 EPS and Q3 2026 earnings at $3.06 EPS.

AXIS Capital (NYSE:AXS) last announced its earnings results on Wednesday, October 30th. The insurance provider reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.55 by $0.16. AXIS Capital had a net margin of 10.82% and a return on equity of 19.24%. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter last year, the firm earned $2.34 earnings per share.

AXS has been the subject of a number of other research reports. Jefferies Financial Group lifted their target price on shares of AXIS Capital from $88.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Wells Fargo & Company raised their price target on shares of AXIS Capital from $74.00 to $78.00 and gave the stock an “underweight” rating in a report on Thursday, October 10th. TD Cowen raised their price target on shares of AXIS Capital from $118.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Bank of America raised their price target on shares of AXIS Capital from $81.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Finally, UBS Group raised their price target on shares of AXIS Capital from $92.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.14.

AXIS Capital Price Performance

Shares of NYSE AXS opened at $93.95 on Monday. AXIS Capital has a twelve month low of $53.49 and a twelve month high of $94.42. The firm has a fifty day simple moving average of $83.15 and a 200 day simple moving average of $76.86. The company has a market capitalization of $7.86 billion, a PE ratio of 13.03, a P/E/G ratio of 0.31 and a beta of 0.90. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.27.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AXS. Victory Capital Management Inc. grew its holdings in shares of AXIS Capital by 8,717.0% during the second quarter. Victory Capital Management Inc. now owns 1,361,250 shares of the insurance provider’s stock valued at $96,172,000 after buying an additional 1,345,811 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of AXIS Capital by 24.4% during the third quarter. Jennison Associates LLC now owns 1,625,057 shares of the insurance provider’s stock valued at $129,371,000 after buying an additional 318,784 shares during the last quarter. Millennium Management LLC grew its holdings in shares of AXIS Capital by 1,644.8% during the second quarter. Millennium Management LLC now owns 240,754 shares of the insurance provider’s stock valued at $17,009,000 after buying an additional 226,956 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of AXIS Capital by 9.0% during the second quarter. AQR Capital Management LLC now owns 2,583,700 shares of the insurance provider’s stock valued at $182,538,000 after buying an additional 213,559 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in AXIS Capital by 12.5% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,417,464 shares of the insurance provider’s stock worth $100,144,000 after purchasing an additional 157,110 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

AXIS Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Monday, September 30th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend was Monday, September 30th. AXIS Capital’s dividend payout ratio is currently 24.41%.

AXIS Capital Company Profile

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.