DOWLING & PARTN Comments on Axis Capital FY2026 Earnings

Axis Capital Holdings Limited (NYSE:AXS) – Research analysts at DOWLING & PARTN issued their FY2026 EPS estimates for Axis Capital in a report released on Wednesday, May 20th. DOWLING & PARTN analyst N. Iacoviello expects that the insurance provider will earn $13.15 per share 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.

A number of other equities research analysts also recently issued reports on AXS. Mizuho set a $137.00 price target on shares of Axis Capital in a research note on Monday, May 4th. Keefe, Bruyette & Woods decreased their price target on shares of Axis Capital from $130.00 to $126.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Jefferies Financial Group reaffirmed a “buy” rating and set a $122.00 price target on shares of Axis Capital in a research note on Friday, January 30th. Wells Fargo & Company cut their price objective on shares of Axis Capital from $123.00 to $119.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada boosted their price objective on shares of Axis Capital from $125.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $122.10.

Axis Capital Price Performance

Axis Capital stock opened at $95.63 on Thursday. The company has a market cap of $7.05 billion, a price-to-earnings ratio of 7.13, a PEG ratio of 3.02 and a beta of 0.54. The firm’s fifty day moving average is $100.16 and its 200 day moving average is $102.09. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.25. Axis Capital has a 52-week low of $88.07 and a 52-week high of $110.34.

Axis Capital (NYSE:AXS) last released its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $3.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.33 by $0.09. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.72 billion. Axis Capital had a net margin of 16.00% and a return on equity of 18.12%. Axis Capital’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.17 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in shares of Axis Capital during the third quarter valued at about $29,000. Activest Wealth Management purchased a new stake in shares of Axis Capital during the fourth quarter valued at about $30,000. Assetmark Inc. lifted its position in shares of Axis Capital by 80.8% during the first quarter. Assetmark Inc. now owns 396 shares of the insurance provider’s stock valued at $40,000 after buying an additional 177 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new stake in shares of Axis Capital during the third quarter valued at about $43,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of Axis Capital during the first quarter valued at about $43,000. Institutional investors own 93.44% of the company’s stock.

Insiders Place Their Bets

In other Axis Capital news, Director Henry B. Smith sold 2,542 shares of the business’s stock in a transaction 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 transaction, the director owned 46,347 shares in the company, valued at $4,573,985.43. The trade was a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is owned by company insiders.

Axis Capital Announces Dividend

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

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.