Axis Capital (NYSE:AXS) Announces Earnings Results

Axis Capital (NYSE:AXS) announced its earnings results on Monday. The insurance provider reported $2.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.41), FiscalAI reports. Axis Capital had a return on equity of 18.12% and a net margin of 16.00%.The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the previous year, the company earned $3.29 EPS. The business’s revenue for the quarter was up 7.4% on a year-over-year basis.

Axis Capital Stock Up 1.8%

Shares of AXS opened at $119.19 on Wednesday. Axis Capital has a one year low of $88.07 and a one year high of $119.99. The company has a market cap of $8.79 billion, a P/E ratio of 8.88, a P/E/G ratio of 3.42 and a beta of 0.49. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.65 and a quick ratio of 0.65. The firm has a 50 day simple moving average of $105.91 and a two-hundred day simple moving average of $103.14.

Axis Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Axis Capital’s dividend payout ratio (DPR) is 13.11%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AXS. UBS Group boosted their price target on Axis Capital from $129.00 to $131.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded Axis Capital from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, July 7th. Wells Fargo & Company lifted their price objective on Axis Capital from $119.00 to $134.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Mizuho upped their target price on Axis Capital from $137.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Finally, Atlantic Securities set a $122.00 price target on Axis Capital in a research report on Wednesday, July 15th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $124.45.

Insiders Place Their Bets

In other Axis Capital news, Director Henry B. Smith sold 2,542 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $98.69, for a total value of $250,869.98. Following the sale, the director owned 46,347 shares of the company’s stock, valued at approximately $4,573,985.43. This trade represents a 5.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.60% of the stock is owned by insiders.

Institutional Trading of Axis Capital

Several institutional investors and hedge funds have recently modified their holdings of AXS. Royal Bank of Canada grew its position in Axis Capital by 12.4% in the first quarter. Royal Bank of Canada now owns 63,457 shares of the insurance provider’s stock valued at $6,361,000 after acquiring an additional 7,023 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Axis Capital by 6.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 205,553 shares of the insurance provider’s stock worth $20,605,000 after purchasing an additional 12,680 shares in the last quarter. Jane Street Group LLC lifted its stake in Axis Capital by 86.2% in the 1st quarter. Jane Street Group LLC now owns 47,277 shares of the insurance provider’s stock valued at $4,739,000 after purchasing an additional 21,892 shares during the last quarter. Focus Partners Wealth lifted its stake in Axis Capital by 42.1% in the 1st quarter. Focus Partners Wealth now owns 10,417 shares of the insurance provider’s stock valued at $1,044,000 after purchasing an additional 3,085 shares during the last quarter. Finally, Sivia Capital Partners LLC boosted its position in Axis Capital by 33.6% in the second quarter. Sivia Capital Partners LLC now owns 3,924 shares of the insurance provider’s stock valued at $407,000 after buying an additional 987 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.

Key Headlines Impacting Axis Capital

Here are the key news stories impacting Axis Capital this week:

• Positive Sentiment: AXIS reported second-quarter net income available to common shareholders of $251 million, or $3.38 per diluted share, up from $216 million, or $2.72 per share, a year earlier. Revenue rose 7.4% year over year to approximately $1.75 billion. AXIS Capital second-quarter results
• Positive Sentiment: Underwriting metrics were favorable: gross premiums written increased 6% to $2.7 billion, the combined ratio was a profitable 93.1%, and underwriting income reached $143 million. Insurance premiums grew 15%, helping offset a 25% decline in reinsurance premiums. AXIS Capital Q2 net income report
• Positive Sentiment: Book value per diluted share rose to $80.67, up 4.5% from year-end 2025 and 14.7% from a year earlier. Six-month net income reached $498 million, while operating return on average common equity was 15.9%, reinforcing the company’s profitability and capital-generation profile. AXIS Capital financial results
• Neutral Sentiment: AXS is trending in Russell 1000 coverage, while valuation commentary has highlighted its relatively low earnings multiple and potential bargain characteristics. That may support investor interest, but valuation alone is unlikely to outweigh earnings trends. Why AXIS Capital is trending
• Negative Sentiment: Operating EPS was $2.84, below consensus estimates ranging from $3.23 to $3.25, and declined from $3.29 a year ago. The earnings shortfall is the primary factor limiting the positive reaction to the otherwise solid quarter. AXIS Capital misses Q2 estimates

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.