Q3 EPS Estimates for Axis Capital Raised by Zacks Research

Axis Capital Holdings Limited (NYSE:AXS) – Analysts at Zacks Research boosted their Q3 2026 earnings estimates for Axis Capital in a research note issued to investors on Monday, June 15th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings of $3.38 per share for the quarter, up from their previous estimate of $3.37. The consensus estimate for Axis Capital’s current full-year earnings is $13.25 per share. Zacks Research also issued estimates for Axis Capital’s Q4 2026 earnings at $3.58 EPS, Q4 2027 earnings at $3.56 EPS, Q1 2028 earnings at $3.78 EPS and FY2028 earnings at $14.97 EPS.

Axis Capital (NYSE:AXS) last issued its earnings results on Wednesday, April 29th. The insurance provider reported $3.42 earnings per share for the quarter, topping the consensus estimate of $3.33 by $0.09. Axis Capital had a return on equity of 18.12% and a net margin of 16.00%.The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same period in the prior year, the business earned $3.17 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year.

A number of other equities analysts also recently commented on AXS. Mizuho set a $137.00 target price on shares of Axis Capital in a report on Monday, May 4th. Keefe, Bruyette & Woods reduced their price objective on shares of Axis Capital from $130.00 to $126.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Wells Fargo & Company decreased their target price on shares of Axis Capital from $123.00 to $119.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Bank of America lowered their target price on shares of Axis Capital from $115.00 to $106.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, Weiss Ratings lowered Axis Capital from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $122.10.

Axis Capital Price Performance

Shares of AXS opened at $102.82 on Wednesday. The stock has a market capitalization of $7.58 billion, a PE ratio of 7.66, a PEG ratio of 3.10 and a beta of 0.51. The company has a 50 day moving average price of $99.33 and a 200-day moving average price of $101.80. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.65 and a current ratio of 0.65. Axis Capital has a fifty-two week low of $88.07 and a fifty-two week high of $110.34.

Axis Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Axis Capital’s payout ratio is 13.11%.

Insider Buying and Selling at Axis Capital

In related news, Director Henry B. Smith sold 2,542 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $98.69, for a total transaction of $250,869.98. Following the sale, the director owned 46,347 shares in the company, valued at approximately $4,573,985.43. This trade represents a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Axis Capital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AXS. Activest Wealth Management acquired a new position in shares of Axis Capital during the 4th quarter worth about $30,000. Assetmark Inc. boosted its holdings in Axis Capital by 80.8% in the 1st quarter. Assetmark Inc. now owns 396 shares of the insurance provider’s stock worth $40,000 after buying an additional 177 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in Axis Capital during the 1st quarter worth approximately $43,000. Fideuram Asset Management Ireland dac purchased a new stake in Axis Capital during the 4th quarter worth approximately $47,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in shares of Axis Capital during the fourth quarter valued at approximately $51,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

About Axis Capital

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.