Q1 EPS Estimates for Axis Capital Cut by Zacks Research

Axis Capital Holdings Limited (NYSE:AXS) – Stock analysts at Zacks Research reduced their Q1 2027 EPS estimates for Axis Capital in a research note issued on Tuesday, August 11th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings per share of $3.25 for the quarter, down from their previous forecast of $3.40. The consensus estimate for Axis Capital’s current full-year earnings is $12.58 per share. Zacks Research also issued estimates for Axis Capital’s Q4 2027 earnings at $3.66 EPS, Q1 2028 earnings at $3.59 EPS and FY2028 earnings at $14.62 EPS.

AXS has been the subject of a number of other research reports. BMO Capital Markets restated a “market perform” rating on shares of Axis Capital in a report on Wednesday, July 29th. UBS Group reduced their target price on Axis Capital from $131.00 to $126.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Mizuho decreased their target price on Axis Capital from $142.00 to $130.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Weiss Ratings raised shares of Axis Capital from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, July 30th. Finally, Atlantic Securities set a $122.00 price target on shares of Axis Capital in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $120.50.

Axis Capital Stock Performance

NYSE:AXS opened at $100.81 on Wednesday. The firm has a market capitalization of $7.36 billion, a PE ratio of 7.16, a PEG ratio of 4.37 and a beta of 0.50. The stock’s fifty day moving average is $107.17 and its 200 day moving average is $103.34. Axis Capital has a fifty-two week low of $88.07 and a fifty-two week high of $119.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.64 and a current ratio of 0.64.

Axis Capital (NYSE:AXS) last posted its earnings results on Wednesday, July 29th. The insurance provider reported $2.84 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.41). The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Axis Capital had a net margin of 16.23% and a return on equity of 17.00%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $3.29 earnings per share.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA raised its stake in Axis Capital by 27.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 439,989 shares of the insurance provider’s stock worth $47,118,000 after buying an additional 95,207 shares in the last quarter. Entropy Technologies LP boosted its position in Axis Capital by 31.4% during the 1st quarter. Entropy Technologies LP now owns 53,905 shares of the insurance provider’s stock valued at $5,467,000 after acquiring an additional 12,896 shares in the last quarter. M&T Bank Corp purchased a new position in shares of Axis Capital in the 4th quarter valued at $2,192,000. CWM LLC raised its position in shares of Axis Capital by 37.0% in the 4th quarter. CWM LLC now owns 92,101 shares of the insurance provider’s stock worth $9,863,000 after acquiring an additional 24,884 shares in the last quarter. Finally, Qsemble Capital Management LP raised its position in shares of Axis Capital by 258.4% in the 4th quarter. Qsemble Capital Management LP now owns 37,672 shares of the insurance provider’s stock worth $4,034,000 after acquiring an additional 27,160 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

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.