DOWLING & PARTN Comments on Axis Capital FY2026 Earnings

Axis Capital Holdings Limited (NYSE:AXSFree Report) – Investment analysts at DOWLING & PARTN issued their FY2026 earnings estimates for shares of Axis Capital in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst N. Iacoviello anticipates that the insurance provider will post earnings per share of $13.15 for the year. The consensus estimate for Axis Capital’s current full-year earnings is $13.26 per share. DOWLING & PARTN also issued estimates for Axis Capital’s FY2027 earnings at $14.20 EPS.

Axis Capital (NYSE:AXSGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $3.42 EPS for the quarter, beating the consensus estimate of $3.33 by $0.09. Axis Capital had a net margin of 16.00% and a return on equity of 18.12%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same period last year, the firm posted $3.17 EPS. Axis Capital’s revenue was up 8.0% on a year-over-year basis.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company reduced their price target on shares of Axis Capital from $123.00 to $119.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Keefe, Bruyette & Woods reduced their price target on shares of Axis Capital from $130.00 to $126.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Mizuho set a $137.00 price target on shares of Axis Capital in a research report on Monday, May 4th. UBS Group reissued a “buy” rating on shares of Axis Capital in a research report on Monday, February 2nd. Finally, Weiss Ratings raised shares of Axis Capital from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, May 22nd. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $122.10.

View Our Latest Research Report on AXS

Axis Capital Stock Performance

AXS opened at $95.63 on Thursday. Axis Capital has a 12-month low of $88.07 and a 12-month high of $110.34. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $7.05 billion, a PE ratio of 7.13, a P/E/G ratio of 3.02 and a beta of 0.54. The firm has a 50 day moving average of $100.16 and a two-hundred day moving average of $102.09.

Axis Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.8%. Axis Capital’s dividend payout ratio (DPR) is presently 13.11%.

Insider Activity at Axis Capital

In other news, Director Henry B. Smith sold 2,542 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $98.69, for a total transaction of $250,869.98. Following the sale, the director owned 46,347 shares of the company’s stock, valued at $4,573,985.43. This trade represents a 5.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Axis Capital

A number of hedge funds and other institutional investors have recently made changes to their positions in AXS. Root Financial Partners LLC acquired a new stake in shares of Axis Capital during the 3rd quarter worth approximately $29,000. Activest Wealth Management acquired a new stake in shares of Axis Capital during the 4th quarter worth approximately $30,000. Assetmark Inc. grew its stake in shares of Axis Capital by 80.8% during the 1st quarter. Assetmark Inc. now owns 396 shares of the insurance provider’s stock worth $40,000 after purchasing an additional 177 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in shares of Axis Capital during the 3rd quarter worth approximately $43,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of Axis Capital during the 1st quarter worth approximately $43,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

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.

Further Reading

Earnings History and Estimates for Axis Capital (NYSE:AXS)

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