Axis Capital Holdings Limited (AXS) Earns News Impact Rating of 0.07
News headlines about Axis Capital Holdings Limited (NYSE:AXS) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Axis Capital Holdings Limited earned a news impact score of 0.07 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 46.3434484789629 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern’s analysis:
- Axis Capital Holdings Limited (AXS) Short Interest Update (americanbankingnews.com)
- Is AXIS Capital Holdings Limited (AXS) A Buy At Its Current Price? (finance.yahoo.com)
- Axis Capital Holdings Limited (AXS) Downgraded by Zacks Investment Research to “Sell” (americanbankingnews.com)
- AXIS Capital Holdings Limited (AXS) stock plunged -11.51% during recent three months – Street Observer (press release) (streetobserver.com)
- AXIS Capital Holdings Limited (AXS) Stock Price trades -11.76% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
AXS has been the subject of several recent analyst reports. Zacks Investment Research upgraded Axis Capital Holdings Limited from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. ValuEngine lowered shares of Axis Capital Holdings Limited from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Wells Fargo & Company reiterated a “sell” rating on shares of Axis Capital Holdings Limited in a report on Thursday, July 6th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $67.00 target price on shares of Axis Capital Holdings Limited in a research report on Friday, August 18th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $70.00 target price (up from $68.00) on shares of Axis Capital Holdings Limited in a research report on Thursday, July 6th. Six research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $65.30.
Shares of Axis Capital Holdings Limited (AXS) opened at 57.22 on Tuesday. Axis Capital Holdings Limited has a one year low of $52.15 and a one year high of $71.06. The stock’s 50 day moving average price is $59.35 and its 200-day moving average price is $63.72. The stock has a market cap of $4.76 billion, a PE ratio of 12.63 and a beta of 0.59.
Axis Capital Holdings Limited (NYSE:AXS) last released its earnings results on Wednesday, July 26th. The insurance provider reported $1.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.19 by $0.12. Axis Capital Holdings Limited had a net margin of 10.81% and a return on equity of 9.17%. The firm had revenue of $956.02 million during the quarter, compared to analysts’ expectations of $989.95 million. During the same period in the prior year, the company earned $0.51 EPS. The business’s quarterly revenue was down 5.1% compared to the same quarter last year. On average, equities analysts predict that Axis Capital Holdings Limited will post $4.02 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Monday, October 9th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 2.66%. This is a positive change from Axis Capital Holdings Limited’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, October 5th. Axis Capital Holdings Limited’s dividend payout ratio (DPR) is currently 33.70%.
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Axis Capital Holdings Limited Company Profile
AXIS Capital Holdings Limited is a holding company. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe and Singapore. Its business consists of two global underwriting platforms: AXIS Insurance and AXIS Re.
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