AXIS Capital FY2025 EPS Estimate Boosted by Zacks Research

AXIS Capital Holdings Limited (NYSE:AXS) – Equities research analysts at Zacks Research lifted their FY2025 EPS estimates for AXIS Capital in a report released on Tuesday, March 25th. Zacks Research analyst T. De now anticipates 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 announced its earnings results on Wednesday, January 29th. The insurance provider reported $2.97 EPS for the quarter, beating the consensus estimate of $2.68 by $0.29. AXIS Capital had a return on equity of 18.89% and a net margin of 18.16%.

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

AXIS Capital Price Performance

AXIS Capital stock opened at $99.57 on Friday. The stock has a market capitalization of $8.04 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 3.96 and a beta of 0.91. AXIS Capital has a 52-week low of $60.45 and a 52-week high of $101.42. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.60 and a current ratio of 0.60. The stock’s 50 day moving average price is $93.00 and its two-hundred day moving average price is $87.74.

AXIS Capital Announces Dividend

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

Insider Activity at AXIS Capital

In related news, Director Charles A. Davis sold 2,139,037 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $93.50, for a total transaction of $199,999,959.50. Following the completion of the sale, the director now directly owns 2,404,133 shares of the company’s stock, valued at approximately $224,786,435.50. This trade represents a 47.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AXS. True Wealth Design LLC bought a new stake in shares of AXIS Capital during the 3rd quarter worth $40,000. Steward Partners Investment Advisory LLC bought a new stake in AXIS Capital in the fourth quarter worth about $53,000. Versant Capital Management Inc boosted its stake in AXIS Capital by 24.0% in the fourth quarter. Versant Capital Management Inc now owns 671 shares of the insurance provider’s stock valued at $59,000 after acquiring an additional 130 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of AXIS Capital by 73.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 671 shares of the insurance provider’s stock valued at $59,000 after acquiring an additional 285 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of AXIS Capital during the 4th quarter worth approximately $60,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

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.