Zacks Research Reduces Earnings Estimates for Axis Capital

Axis Capital Holdings Limited (NYSE:AXS) – Investment analysts at Zacks Research cut their Q4 2026 EPS estimates for Axis Capital in a report issued on Friday, September 11th. Zacks Research analyst Team now anticipates that the insurance provider will earn $3.43 per share for the quarter, down from their previous estimate of $3.45. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Axis Capital’s current full-year earnings is $12.38 per share. Zacks Research also issued estimates for Axis Capital’s Q1 2027 earnings at $3.17 EPS, Q2 2027 earnings at $3.24 EPS, Q4 2027 earnings at $3.57 EPS, FY2027 earnings at $13.37 EPS, Q1 2028 earnings at $3.19 EPS and FY2028 earnings at $14.33 EPS.

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

AXS has been the subject of several other research reports. Atlantic Securities set a $122.00 price objective on Axis Capital in a report on Wednesday, July 15th. Weiss Ratings raised shares of Axis Capital from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, September 2nd. Wells Fargo & Company dropped their target price on shares of Axis Capital from $134.00 to $126.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Capital One Financial set a $108.00 target price on shares of Axis Capital in a research report on Wednesday, July 29th. Finally, Mizuho cut their price target 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $121.23.

Axis Capital Stock Performance

NYSE:AXS opened at $100.59 on Monday. The business’s 50-day moving average price is $104.97 and its two-hundred day moving average price is $102.66. Axis Capital has a twelve month low of $88.07 and a twelve month high of $119.99. The stock has a market cap of $7.34 billion, a P/E ratio of 7.14, a PEG ratio of 4.37 and a beta of 0.49. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.26.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AXS. Sequoia Financial Advisors LLC increased its holdings in 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 purchasing an additional 159 shares during the period. MCF Advisors LLC purchased a new stake in Axis Capital in the 2nd quarter worth approximately $44,000. WINTON GROUP Ltd purchased a new stake in Axis Capital in the 2nd quarter worth approximately $387,000. Integrated Wealth Concepts LLC grew its position in shares of Axis Capital by 2.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 46,190 shares of the insurance provider’s stock worth $4,963,000 after buying an additional 1,133 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of Axis Capital by 6.8% in the 2nd 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 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.