Zacks Research Decreases Earnings Estimates for Axis Capital

Axis Capital Holdings Limited (NYSE:AXS) – Analysts at Zacks Research dropped their FY2026 earnings per share estimates for Axis Capital in a report released on Tuesday, November 10th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings per share of $12.44 for the year, down from their prior estimate of $12.57. 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 Q4 2026 earnings at $3.06 EPS, Q3 2027 earnings at $3.41 EPS, Q2 2028 earnings at $3.89 EPS, Q3 2028 earnings at $3.49 EPS and FY2028 earnings at $14.41 EPS.

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

Several other analysts have also recently weighed in on the stock. BMO Capital Markets reiterated a “market perform” rating on shares of Axis Capital in a research note on Wednesday, July 29th. TD Cowen restated a “buy” rating and set a $130.00 target price on shares of Axis Capital in a research report on Tuesday, August 25th. Capital One Financial set a $108.00 target price on shares of Axis Capital in a report on Wednesday, July 29th. Mizuho set a $123.00 price target on shares of Axis Capital in a research report on Monday, November 2nd. Finally, Weiss Ratings cut Axis Capital from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Wednesday, October 28th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Axis Capital has a consensus rating of “Moderate Buy” and an average price target of $120.00.

Axis Capital Trading Up 0.3%

AXS stock opened at $108.29 on Thursday. Axis Capital has a 52 week low of $93.02 and a 52 week high of $119.99. The company has a market capitalization of $7.77 billion, a PE ratio of 8.27, a price-to-earnings-growth ratio of 3.58 and a beta of 0.39. The company’s 50-day simple moving average is $99.97 and its 200 day simple moving average is $102.22. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.64 and a current ratio of 0.64.

Hedge Funds Weigh In On Axis Capital

Hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in shares of Axis Capital by 8.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,682,238 shares of the insurance provider’s stock valued at $373,412,000 after buying an additional 299,573 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Axis Capital by 1.2% during the 1st quarter. Janus Henderson Group PLC now owns 1,710,902 shares of the insurance provider’s stock worth $173,504,000 after acquiring an additional 21,001 shares during the period. Jennison Associates LLC boosted its position in shares of Axis Capital by 2.2% during the 1st quarter. Jennison Associates LLC now owns 1,071,887 shares of the insurance provider’s stock worth $108,700,000 after acquiring an additional 23,109 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Axis Capital by 31.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 979,944 shares of the insurance provider’s stock worth $99,376,000 after acquiring an additional 234,353 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Axis Capital by 3.5% during the 1st quarter. Bank of New York Mellon Corp now owns 468,946 shares of the insurance provider’s stock worth $47,556,000 after acquiring an additional 15,839 shares in the last quarter. 93.44% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Henry Smith sold 4,893 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $106.15, for a total transaction of $519,391.95. Following the completion of the sale, the director owned 41,454 shares of the company’s stock, valued at $4,400,342.10. This represents a 10.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.60% of the stock is owned by corporate insiders.

Axis Capital Dividend Announcement

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

Latest Axis Capital News

Investors following AXS have been watching these news items:

• Positive Sentiment: Zacks raised estimates for Q3 2027 and Q2–Q3 2028, and lifted its FY2028 forecast to $14.41 per share from $14.32. These revisions suggest improved expectations for some longer-term periods. Axis Capital coverage
• Positive Sentiment: An earlier revision also increased Zacks’ Q1 2028 EPS estimate to $3.44 from $3.19. Axis Capital coverage
• Neutral Sentiment: Zacks’ Hold rating was unchanged. Its FY2026 estimate of $12.44 per share is close to the stated consensus of $12.47, indicating limited deviation from market expectations. Axis Capital coverage

About Axis Capital

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.