Zacks Research Predicts Reduced Earnings for Axis Capital

Axis Capital Holdings Limited (NYSE:AXS) – Equities research analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for Axis Capital in a note issued to investors on Friday, September 11th. Zacks Research analyst Team now anticipates that the insurance provider will earn $2.87 per share for the quarter, down from their previous estimate of $2.92. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Axis Capital’s current full-year earnings is $12.39 per share. Zacks Research also issued estimates for Axis Capital’s FY2026 earnings at $12.56 EPS, Q3 2027 earnings at $3.40 EPS and Q2 2028 earnings at $3.78 EPS.

Several other research analysts have also recently commented on the stock. Capital One Financial set a $108.00 target price on shares of Axis Capital in a report on Wednesday, July 29th. Mizuho decreased their target price on shares of Axis Capital from $142.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, August 3rd. Atlantic Securities set a $122.00 price objective on Axis Capital in a report on Wednesday, July 15th. TD Cowen reissued a “buy” rating and set a $130.00 price objective on shares of Axis Capital in a research report on Tuesday, August 25th. Finally, UBS Group dropped their target price on Axis Capital from $131.00 to $126.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $121.23.

Axis Capital Trading Up 1.9%

Shares of AXS opened at $100.11 on Tuesday. The business’s 50-day moving average price is $105.25 and its 200 day moving average price is $102.68. The stock has a market capitalization of $7.31 billion, a P/E ratio of 7.11, a P/E/G ratio of 4.28 and a beta of 0.49. Axis Capital has a 1-year low of $88.07 and a 1-year high of $119.99. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26.

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

Institutional Investors Weigh In On Axis Capital

A number of large investors have recently bought and sold shares of AXS. Sequoia Financial Advisors LLC increased its holdings in shares of Axis Capital by 0.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 30,646 shares of the insurance provider’s stock valued at $3,293,000 after acquiring an additional 159 shares during the last quarter. MCF Advisors LLC acquired a new position in Axis Capital during the second quarter valued at approximately $44,000. WINTON GROUP Ltd acquired a new position in Axis Capital during the second quarter valued at approximately $387,000. Integrated Wealth Concepts LLC raised its position in shares of Axis Capital by 2.5% in the second quarter. Integrated Wealth Concepts LLC now owns 46,190 shares of the insurance provider’s stock valued at $4,963,000 after purchasing an additional 1,133 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of Axis Capital by 6.8% in the second quarter. NewEdge Advisors LLC now owns 4,322 shares of the insurance provider’s stock worth $464,000 after buying an additional 276 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Axis Capital Company Profile

AXIS Capital Holdings Limited (NYSE: AXS) is a Bermuda-based specialty insurance and reinsurance company. Through its subsidiaries, the company provides coverage and risk-management solutions for businesses, institutions and other insurance companies.

Its insurance operations offer products across property, casualty, professional liability, cyber, marine, aviation, accident and health, and other specialty lines. Its reinsurance business assumes risks from primary insurers through property, casualty and specialty reinsurance arrangements.

Founded in 2001, AXIS serves clients and distribution partners in major insurance markets across North America, Bermuda, Europe, Asia-Pacific and other international regions.