Q3 EPS Estimates for Axis Capital Lowered by Zacks Research

Axis Capital Holdings Limited (NYSE:AXS) – Investment analysts at Zacks Research dropped their Q3 2026 earnings estimates for shares of Axis Capital in a research note issued to investors on Tuesday, August 11th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings per share of $2.87 for the quarter, down from their previous forecast of $3.38. The consensus estimate for Axis Capital’s current full-year earnings is $12.58 per share. Zacks Research also issued estimates for Axis Capital’s Q4 2026 earnings at $3.45 EPS, FY2026 earnings at $12.58 EPS, Q2 2027 earnings at $3.43 EPS, Q3 2027 earnings at $3.29 EPS, FY2027 earnings at $13.64 EPS and Q2 2028 earnings at $3.76 EPS.

Axis Capital (NYSE:AXS) last released its earnings results on Wednesday, July 29th. The insurance provider reported $2.84 earnings per share 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 for the quarter, compared to analysts’ expectations of $1.74 billion. During the same period in the prior year, the firm posted $3.29 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis.

A number of other equities research analysts have also weighed in on AXS. Wells Fargo & Company dropped their price objective on shares of Axis Capital from $134.00 to $126.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Weiss Ratings raised Axis Capital from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, July 30th. Atlantic Securities set a $122.00 price target on Axis Capital in a research note on Wednesday, July 15th. UBS Group cut their price objective on Axis Capital from $131.00 to $126.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Finally, Keefe, Bruyette & Woods reduced their price objective on Axis Capital from $131.00 to $125.00 and set an “outperform” rating for the company in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $120.50.

Axis Capital Trading Down 1.4%

NYSE AXS opened at $99.29 on Thursday. Axis Capital has a 12-month low of $88.07 and a 12-month high of $119.99. The company has a fifty day simple moving average of $107.27 and a two-hundred day simple moving average of $103.31. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The stock has a market cap of $7.24 billion, a P/E ratio of 7.05, a P/E/G ratio of 4.33 and a beta of 0.50.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AXS. Royal Bank of Canada grew its position in Axis Capital by 12.4% during the 1st quarter. Royal Bank of Canada now owns 63,457 shares of the insurance provider’s stock worth $6,361,000 after purchasing an additional 7,023 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Axis Capital by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 205,553 shares of the insurance provider’s stock valued at $20,605,000 after buying an additional 12,680 shares during the period. Jane Street Group LLC lifted its holdings in shares of Axis Capital by 86.2% in the 1st quarter. Jane Street Group LLC now owns 47,277 shares of the insurance provider’s stock valued at $4,739,000 after buying an additional 21,892 shares during the period. Focus Partners Wealth lifted its holdings in shares of Axis Capital by 42.1% in the 1st quarter. Focus Partners Wealth now owns 10,417 shares of the insurance provider’s stock valued at $1,044,000 after buying an additional 3,085 shares during the period. Finally, Sivia Capital Partners LLC boosted its stake in shares of Axis Capital by 33.6% in the second quarter. Sivia Capital Partners LLC now owns 3,924 shares of the insurance provider’s stock worth $407,000 after buying an additional 987 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Key Axis Capital News

Here are the key news stories impacting Axis Capital this week:

• Positive Sentiment: AXS continues to benefit from its specialty-insurance focus, premium growth and capital-return potential. Its valuation remains comparatively attractive, with a price-to-earnings ratio near 7 based on the provided data. However, catastrophe losses and competitive pressure could limit underwriting-margin expansion. AXS Lags Industry, Trades at a Discount: Here’s How to Play the Stock
• Neutral Sentiment: Zacks maintained its current full-year consensus estimate for 2026 at $12.58 per share and projects 2027 earnings of $13.64 per share. Those figures imply continued earnings growth, although the estimates were revised lower from prior forecasts.
• Negative Sentiment: Zacks reduced its Q3 2026 EPS forecast to $2.87 from $3.38 and its Q4 2026 forecast to $3.45 from $3.58. The resulting 2026 estimate of $12.58 is down from $13.54 previously, signaling weaker near-term expectations for Axis Capital’s earnings.
• Negative Sentiment: Forecasts for 2027 were also cut: Q1 EPS fell to $3.25 from $3.40, Q2 to $3.43 from $3.71, Q3 to $3.29 from $3.69, and full-year EPS to $13.64 from $14.35. Such broad revisions may pressure the stock because they suggest analysts see less earnings momentum than previously expected.
• Negative Sentiment: Longer-term estimates were trimmed as well. Q1 2028 EPS declined to $3.59 from $3.78, Q2 2028 to $3.76 from $3.88, and FY2028 to $14.62 from $14.97. Although Zacks raised its Q4 2027 estimate modestly to $3.66 from $3.56, the overall pattern remains unfavorable.

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.