Q1 EPS Estimates for Axis Capital Lowered by Zacks Research

Axis Capital Holdings Limited (NYSE:AXS) – Equities researchers at Zacks Research reduced their Q1 2027 earnings per share estimates for Axis Capital in a note issued to investors on Tuesday, November 10th. Zacks Research analyst Team now anticipates that the insurance provider will earn $3.07 per share for the quarter, down from their previous forecast of $3.16. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Axis Capital’s current full-year earnings is $12.47 per share. Zacks Research also issued estimates for Axis Capital’s Q2 2027 earnings at $3.16 EPS, FY2027 earnings at $13.22 EPS and Q1 2028 earnings at $3.44 EPS.

Axis Capital (NYSE:AXS) last posted its quarterly earnings data on Wednesday, October 28th. The insurance provider reported $3.12 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.27. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Axis Capital had a return on equity of 16.61% and a net margin of 14.62%. During the same quarter last year, the business posted $3.25 EPS.

AXS has been the subject of a number of other research reports. BMO Capital Markets reissued a “market perform” rating on shares of Axis Capital in a research note on Wednesday, July 29th. Roth Capital set a $115.00 target price on shares of Axis Capital in a research report on Thursday, October 29th. UBS Group lowered their target price on shares of Axis Capital from $131.00 to $126.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Keefe, Bruyette & Woods cut their price target on Axis Capital from $131.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Finally, Mizuho set a $123.00 price target on Axis Capital in a research note on Monday, November 2nd. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $120.00.

Axis Capital Price Performance

Axis Capital stock opened at $107.89 on Wednesday. The stock has a market capitalization of $7.74 billion, a P/E ratio of 8.24, a P/E/G ratio of 3.53 and a beta of 0.39. Axis Capital has a 12-month low of $93.02 and a 12-month high of $119.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.64 and a quick ratio of 0.64. The firm’s 50-day moving average is $99.80 and its two-hundred day moving average is $102.19.

Institutional Trading of Axis Capital

Institutional investors and hedge funds have recently made changes to their positions in the company. Assetmark Inc. raised its position in shares of Axis Capital by 80.8% in the 1st quarter. Assetmark Inc. now owns 396 shares of the insurance provider’s stock worth $40,000 after buying an additional 177 shares during the period. Cassaday & Co Wealth Management LLC purchased a new stake in Axis Capital during the first quarter valued at about $43,000. MCF Advisors LLC purchased a new stake in Axis Capital during the second quarter valued at about $44,000. Root Financial Partners LLC acquired a new stake in Axis Capital during the third quarter worth about $49,000. Finally, Global Assets Advisory LLC acquired a new stake in Axis Capital during the first quarter worth about $68,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Axis Capital

In related news, Director Henry Smith sold 4,893 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $106.15, for a total value of $519,391.95. Following the completion of the sale, the director directly owned 41,454 shares in the company, valued at approximately $4,400,342.10. The trade was a 10.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.60% of the company’s stock.

Axis Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.44 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.76 annualized dividend and a dividend yield of 1.6%. Axis Capital’s dividend payout ratio (DPR) is currently 13.45%.

Axis Capital Company Profile

AXIS Capital Holdings Limited is a global specialty insurer and reinsurer headquartered in Bermuda. Founded in 2001, the company serves businesses and other clients through insurance and reinsurance operations. Its insurance offerings include coverage for property and casualty risks, professional liability, cyber, marine, aviation, energy, and accident and health. Its reinsurance business provides protection to other insurers across property, casualty, and specialty lines. AXIS operates in markets around the world, including North America, Europe, and Asia-Pacific.