Q3 EPS Estimates for Axis Capital Raised by Zacks Research

Axis Capital Holdings Limited (NYSE:AXS) – Investment analysts at Zacks Research raised their Q3 2026 EPS estimates for Axis Capital in a report issued on Thursday, August 13th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $2.92 per share for the quarter, up from their previous forecast of $2.87. Zacks Research 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 $12.62 EPS and Q4 2027 earnings at $3.59 EPS.

A number of other equities analysts also recently issued reports on the stock. Weiss Ratings raised shares of Axis Capital from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, July 30th. Wells Fargo & Company cut their price objective on Axis Capital from $134.00 to $126.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Atlantic Securities set a $122.00 target price on Axis Capital in a research report on Wednesday, July 15th. Capital One Financial set a $108.00 target price on Axis Capital in a research report on Wednesday, July 29th. Finally, Mizuho lowered their target price on 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 investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $120.50.

Axis Capital Trading Down 1.3%

Shares of AXS opened at $99.88 on Monday. The firm’s 50-day moving average price is $107.49 and its 200-day moving average price is $103.27. The firm has a market capitalization of $7.29 billion, a price-to-earnings ratio of 7.09, a PEG ratio of 4.41 and a beta of 0.50. 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 has a 1-year low of $88.07 and a 1-year high of $119.99.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AXS. AQR Capital Management LLC boosted its stake in Axis Capital by 30.9% during the fourth quarter. AQR Capital Management LLC now owns 4,592,270 shares of the insurance provider’s stock worth $491,786,000 after acquiring an additional 1,083,579 shares in the last quarter. Norges Bank bought a new position in shares of Axis Capital during the fourth quarter valued at approximately $103,001,000. Freestone Grove Partners LP bought a new position in shares of Axis Capital during the third quarter valued at approximately $56,705,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Axis Capital by 147.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 745,591 shares of the insurance provider’s stock valued at $79,845,000 after purchasing an additional 443,761 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Axis Capital by 374.7% during the third quarter. Millennium Management LLC now owns 553,565 shares of the insurance provider’s stock valued at $53,032,000 after purchasing an additional 436,944 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

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.