2 weeks Ago By ABMN Staff
Shares of AXIS Capital Holdings Limited ( NYSE:AXS – Get Free Report ) have been assigned a consensus rating of “Moderate Buy” from the five brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating and four have given a buy rating to the company.
The average twelve-month target price among analysts that have issued a report on the stock in the last year is $80.50. Several equities research analysts have issued reports on AXS shares.
UBS Group boosted their price target on shares of AXIS Capital from $82.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, July 9th.
Wells Fargo & Company boosted their price target on shares of AXIS Capital from $63.00 to $74.00 and gave the company an “underweight” rating in a report on Monday, August 12th.
Roth Mkm boosted their price target on shares of AXIS Capital from $75.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, July 31st.
Keefe, Bruyette & Woods boosted their price target on shares of AXIS Capital from $86.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th.
Finally, Bank of America upped their target price on shares of AXIS Capital from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, July 11th.
View Our Latest Analysis on AXS Institutional Investors Weigh In On AXIS Capital AXIS Capital Price Performance NYSE:AXS opened at $79.27 on Friday. The stock has a market cap of $6.
71 billion, a P/E ratio of 12.12, a PEG ratio of 0.26 and a beta of 0.
89. AXIS Capital has a one year low of $52.90 and a one year high of $80.
50. The company has a fifty day moving average price of $76.01 and a 200 day moving average price of $70.
60. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.
62 and a quick ratio of 0.62. AXIS Capital ( NYSE:AXS – Get Free Report ) last announced its quarterly earnings results on Tuesday, July 30th.
The insurance provider reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.
41. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.
49 billion. AXIS Capital had a net margin of 11.28% and a return on equity of 19.
70%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis.
During the same quarter in the previous year, the firm posted $2.23 EPS. Analysts anticipate that AXIS Capital will post 10.
71 earnings per share for the current year. AXIS Capital Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Monday, September 30th will be issued a $0.
44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.
22%. The ex-dividend date of this dividend is Monday, September 30th. AXIS Capital’s payout ratio is 26.
91%. AXIS Capital Company Profile ( Get Free Report 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. See Also Receive News & Ratings for AXIS Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AXIS Capital and related companies with MarketBeat.com's FREE daily email newsletter .
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