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Axis Capital Holdings

Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.

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AXIS Capital Holdings Limited (NYSE: AXS) is poised to gain from its compelling and diversified product portfolio, underwriting excellence, digital capabilities and solid capital position. These, along with solid growth projections, make the stock worth retaining.


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Axis Capital Holdings Limited Common Stock

Axis Capital Holdings Ltd

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Axis Capital Holdings Limited Depositary Shares, each representing 1/100th interest in a share of a 5.50% Series E Preferred Shares

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<p>B of A Securities  analyst Joshua Shanker   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Buy and raises the price target from $74 to $78.</p>


B of A Securities Maintains Buy on Axis Capital Holdings, Raises Price Target to $78

<p>Analysts' ratings for Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Axis Capital Holdings, presenting an average target of $72.75, a high estimate of $86.00, and a low estimate of $57.00. Surpassing the previous average price target of $71.00, the current average has increased by 2.46%.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1720551709_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive Axis Capital Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Meredith</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$85.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$86.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$63.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$57.00</td>
<td>$59.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Axis Capital Holdings. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Axis Capital Holdings compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of Axis Capital Holdings's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Axis Capital Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/AXS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Axis Capital Holdings analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Axis Capital Holdings</h2>
<p>Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.</p>
<h3>Financial Insights: Axis Capital Holdings</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, Axis Capital Holdings showcased positive performance, achieving a revenue growth rate of <strong>7.84%</strong> as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Axis Capital Holdings's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>26.87%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> Axis Capital Holdings's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>8.02%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>1.25%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> Axis Capital Holdings's debt-to-equity ratio is below the industry average. With a ratio of <b>0.31</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Decoding 4 Analyst Evaluations For Axis Capital Holdings

<p>UBS  analyst Brian Meredith   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Buy and raises the price target from $82 to $85.</p>


UBS Maintains Buy on Axis Capital Holdings, Raises Price Target to $85

<p><strong>Axis Capital Holdings's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) short percent of float has fallen 18.18% since its last report. The company recently reported that it has <strong>1.18 million shares sold short</strong>, which is 1.71% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 2.11 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Axis Capital Holdings Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1719234921_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Axis Capital Holdings has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Axis Capital Holdings's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Axis Capital Holdings's peer group average for short interest as a percentage of float is 2.12%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


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How Is The Market Feeling About Axis Capital Holdings?

<p><strong>AXIS Capital Holdings Limited </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axs#NYSE">AXS</a>) is poised to gain from its compelling and diversified product portfolio, underwriting excellence, digital capabilities and solid capital position. These, along with solid growth projections, make the stock worth retaining.<br />
This leading specialty insurer and global reinsurer, carrying a Zacks rank #3 (Hold), aiming for leadership in specialty risks, has a VGM Score of B. This helps to identify stocks with the most attractive value, growth and momentum.</p>
<h3>An Outperformer</h3>
<p>Shares of AXS have rallied 25.7% year to date, compared with the industry&#39;s increase of 14.9%, the Finance sector&#39;s rise of 3.8% and the Zacks S&amp;P 500 composite&#39;s rise of 15%.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/95/69076.jpg?v=1050739775" /><br />
Image Source: Zacks Investment Research</p>
<h3>Return on Capital</h3>
<p>AXS&#39;s trailing 12-month return on equity is 19.%, ahead of the industry average of 7.8%. Return on equity, a profitability measure, reflects how effectively a company is utilizing its shareholders.<br />
Also, the return on invested capital&nbsp;in the trailing 12 months was 11.1%, better than the industry average of 5.9%. Its ROIC has been increasing over the last few quarters amid capital investment made over the same time frame. This reflects the company&#39;s efficiency in utilizing funds to generate income.</p>
<h3>Northbound Estimates</h3>
<p>The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 1 cent north each in the past seven days, reflecting analyst optimism.</p>
<h3>Optimistic Growth Projection</h3>
<p>The Zacks Consensus Estimate for 2024 earnings is pegged at $10.11, indicating an increase of 2.6% on 4.8% higher revenues of $6 billion. The consensus estimate for 2025 earnings is pegged at $11.01, indicating an increase of 8.9% on 9.1% higher revenues of $6.5 billion. &nbsp;<br />
The expected long-term earnings growth rate is pegged at 27.1%, better than the industry average of 10.2%. We expect 2026 EPS to witness a three-year CAGR of 6.9%.</p>
<h3>Growth Drivers</h3>
<p>AXS&#39;s focus on investing in growth areas, including wholesale insurance and lower middle markets, should drive growth. Exiting the volatile catastrophe and property reinsurance space and reducing risk exposure while concentrating on accident and health, casualty, credit and surety, and specialty reinsurance lines should help AXIS Capital achieve its goal of being a leading specialty underwriter.<br />
While a diversified portfolio of global specialty business, leadership positions and growth opportunities across major business lines drives the Insurance segment, the Reinsurance business should benefit from strong cycle management that focuses on improving the business mix.<br />
AXIS Capital is also working with its distribution partners to use expanding digital capabilities to create new business growth in desirable smaller accounts.</p>
<h3>Risks</h3>
<p>Despite the upside potential, there are a few factors that investors should keep an eye on. AXIS Capital is highly exposed to losses resulting from natural disasters, man-made catastrophes and other catastrophic events, which induce volatility in its underwriting profitability. &nbsp;<br />
This apart, this insurer has been witnessing rising expenses over the last few years due to higher net losses and loss expenses, general and administrative expenses, higher acquisition costs and an increase in interest expense as well as financing costs, which are hurting margins.&nbsp; &nbsp;</p>
<h3>Impressive Dividend History</h3>
<p>Axis Capital has an impressive history of distributing wealth to shareholders via dividends and share buybacks. It hiked its dividend for 18 straight years. Its dividend yield is currently 2.5%, way above the industry average of 0.3%. The insurer boasts one of the highest dividend yields among its peers.</p>
<h3>Stocks to Consider&nbsp;&nbsp; &nbsp;</h3>
<p>Some top-ranked stocks from the insurance industry are <strong>HCI Group, Inc</strong>. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hci#NYSE">HCI</a>), <strong>Palomar Holdings </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plmr#NASDAQ">PLMR</a>) and <strong>ProAssurance </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pra#NYSE">PRA</a>). Each stock presently sports a Zacks Rank #1 (Strong Buy).<br />
HCI Group&#39;s earnings surpassed estimates in each of the last four quarters, the average beat being 139.15%. In the past year, shares of HCI have gained 7.8%.<br />
The Zacks Consensus Estimate for HCI&#39;s 2024 and 2025 earnings implies 57.6% and 4.3% year-over-year growth, respectively.<br />
Palomar&#39;s earnings surpassed estimates in each of the last four quarters, the average earnings surprise being 15.10%. In the past year, PLMR&#39;s stock has surged 45%.<br />
The Zacks Consensus Estimate for PLMR&#39;s 2024 and 2025 earnings indicates 26% and 18% year-over-year growth, respectively.<br />
ProAssurance earnings surpassed estimates in two of the last four quarters and missed in the other two. In the past year, PRA&#39;s stock has lost 9.1%.<br />
The Zacks Consensus Estimate for PRA&#39;s 2024 and 2025 earnings implies 371.4% and 72.6% year-over-year growth, respectively.</p>
<p><a href="https://www.zacks.com/stock/news/2290001/here-s-why-you-should-stay-invested-in-axis-capital-axs?cid=CS-BENZ-FT-analyst_blog|rank_focused-2290001">To read this article on Zacks.com click here.</a></p>


Here's Why You Should Stay Invested in AXIS Capital

<p>Throughout the last three months, 5 analysts have evaluated Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Axis Capital Holdings, presenting an average target of $72.2, a high estimate of $86.00, and a low estimate of $57.00. Surpassing the previous average price target of $70.40, the current average has increased by 2.56%.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1718643668_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>A comprehensive examination of how financial experts perceive Axis Capital Holdings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$86.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$63.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$57.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$75.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Axis Capital Holdings. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Axis Capital Holdings compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Axis Capital Holdings's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>For valuable insights into Axis Capital Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/AXS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Axis Capital Holdings analyst ratings.</strong></a></p>
<h2>Get to Know Axis Capital Holdings Better</h2>
<p>Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.</p>
<h3>Key Indicators: Axis Capital Holdings's Financial Health</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Axis Capital Holdings's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of <strong>7.84%</strong>. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> Axis Capital Holdings's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>26.87%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>8.02%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Axis Capital Holdings's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of <strong>1.25%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Debt Management:</strong> Axis Capital Holdings's debt-to-equity ratio stands notably higher than the industry average, reaching <strong>0.31</strong>. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Cracking The Code: Understanding Analyst Reviews For Axis Capital Holdings

<p>Keefe, Bruyette &amp; Woods  analyst Meyer Shields   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Outperform and maintains $86 price target.</p>


Keefe, Bruyette & Woods Maintains Outperform on Axis Capital Holdings, Maintains $86 Price Target

<p><strong>W.R. Berkley Corporation</strong>&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wrb#NYSE">WRB</a>) board of directors approved a special cash dividend of 50 cents per share. Concurrently, the board also approved a 9.1% hike in annual cash dividend to 48 cents. Shareholders, as of the close of business on Jun 24, 2024, will receive the quarterly dividend on Jun 28, 2024.<br />
The recent dividend hike is the 19th straight increase by the insurer. It also pays special dividends. Notably, WRB has continually paid dividends for nearly five decades.<br />
W.R. Berkley, banking on operational strength, has a solid balance sheet with sufficient liquidity and strong cash flows. A strong capital position enables the nation&#39;s largest commercial lines property casualty insurance provider to distribute wealth to shareholders via share repurchases, special dividends and dividend hikes.<br />
Apart from dividends, the company resorts to regular share buybacks as another way to enhance shareholder value.<br />
Improved pricing, expansion of international business, reserve discipline, a solid balance sheet and a prudent capital management policy should help WRB maintain its streak of dividend hikes and special dividends. The company targets a return on equity of 15% over the long term.<br />
Additionally, the board of directors has also approved a 3-for-2 stock split in the form of a stock dividend to shareholders of record as of Jun 24, 2024. The split will take effect on Jul 10.<br />
Shares of WRB have gained 10.5% year to date, compared with the industry&#39;s 14.2% increase. Its solid insurance business, strong international business and a sturdy financial position should help drive shares.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/57/68790.jpg?v=1465104723" /><br />
Image Source: Zacks Investment Research</p>
<p>WRB currently carries a Zacks Rank #5 (Strong Sell).</p>
<h3>Other Shareholder-Friendly Moves in the Insurance Space</h3>
<p>The board of directors of <strong>Radian Group </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rdn#NYSE">RDN</a>) authorized a share buyback program to return more value to investors. With the latest authorization, the board increased the authorization by $600 million to $900 million. The program remains active through Jun 30, 2026.<br />
Improving mortgage insurance portfolio, declining claims, a well-performing homogenous segment and a solid capital position should help the insurer deliver impressive results. This, in turn, should poise the company well with sufficient liquidity and aid in boosting shareholders&#39; value.<br />
Recently, the board of directors of <strong>AXIS Capital Holdings Limited </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axs#NYSE">AXS</a>) authorized a share buyback program to return more value to investors. The latest authorization will allow the company to spend up to $300 million to repurchase its common stock.<br />
Intensified focus on specialty lines, continuous investment in growth areas, including wholesale insurance and lower middle markets, exit from the volatile catastrophe and property reinsurance space and reduction of risk exposure while concentrating on accident and health, casualty, credit and surety, and specialty reinsurance lines should help the insurer deliver impressive results. This, in turn, should poise the company well with sufficient liquidity and aid in boosting shareholders&#39; value.<br />
The board of <strong>RenaissanceRe </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rnr#NYSE">RNR</a>) approved a renewal of the authorized share repurchase program, bringing the total current authorization to $500 million. RenaissanceRe boosts shareholder value by banking on its ability to generate free cash flow. In February 2024, the company&#39;s board of directors approved a 2.6% hike in the quarterly dividend. The increased dividend marked the 29th straight year of a dividend hike. Its dividend yield of 0.7% remains higher than the industry average of 0.3%.<br />
Improving premiums in specialty lines given market dislocation and rate increases, higher demand for reinsurance in Florida, and the acquisition of Validus Re, AlphaCat and the Talbot Treaty reinsurance business from AIG enhance the scale of its global property and casualty reinsurance business. These also boost profitability and thus aid in enhancing shareholders&#39; value.</p>
<p><a href="https://www.zacks.com/stock/news/2287963/w-r-berkley-wrb-boosts-shareholders-value-via-several-moves?cid=CS-BENZ-FT-analyst_blog|company_news_finance_sector-2287963">To read this article on Zacks.com click here.</a></p>


W.R. Berkley Boosts Shareholders' Value Via Several Moves

Buybacks

AXIS Capital Board Approves New Share Repurchase Program Authorizing Up To $300M In Common Shares

<p>Wells Fargo  analyst Elyse Greenspan   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Underweight and raises the price target from $57 to $63.</p>


Wells Fargo Maintains Underweight on Axis Capital Holdings, Raises Price Target to $63

<p>Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) reported quarterly earnings of $2.57 per share which beat the analyst consensus estimate of $2.40 by 7.08 percent. This is a 10.3 percent increase over earnings of $2.33 per share from the same period last year.  The company reported quarterly sales of $1.425 billion which missed the analyst consensus estimate of $1.600 billion by 10.94 percent.  This is a 6.00 percent increase over sales of $1.344 billion the same period last year.</p>


Earnings Misses

Axis Capital Holdings Q1 2024 Adj EPS $2.57 Beats $2.40 Estimate, Sales $1.425B Miss $1.600B Estimate

<p>In an engaging conversation,<a href="https://twitter.com/AxieLima"> <strong>Osito Lima</strong></a> and <strong><a href="https://twitter.com/zioaxie">Zio</a></strong>, the masterminds behind<strong> <a href="https://twitter.com/Kind_HQ">Kind</a></strong>, revealed to&nbsp;<a href="https://www.benzinga.com/">Benzinga</a> the inner workings and ambitious scope of their project. Kind isn&#39;t just another agency; it&#39;s a Web3 content creator powerhouse based in Latin America, managing over 100 creators across the globe. The duo delved into the essence of Kind, touching on their own transformative journeys into the Web3 realm, their allies in the industry, and their take on the rapidly changing world of Web3 gaming.</p>
<p><strong>Kind: More Than an Agency, A Family</strong></p>
<p>Starting as a scholarship initiative within the<a href="https://www.benzinga.com/markets/cryptocurrency/23/06/32998612/exclusive-axie-infinitys-jihoz-discusses-gamefi-success-and-future-plans-at-crypto-unlocke"> Axie Infinity</a> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/axs/usd">AXS</a>) ecosystem in 2021, Kind has rapidly evolved into a beacon of support, freedom, and community for Web3 creators globally. Lima passionately described Kind as &quot;the dream that we can all evolve together,&quot; emphasizing the agency&#39;s dedication to a supportive environment devoid of racism and bullying.</p>
<p>Kind&#39;s mission is to nourish and accelerate creators&#39; careers, offering them a stress-free home to grow, evolve, and make meaningful connections.</p>
<p>Unlike traditional Web2 agencies, Kind doesn&#39;t dictate what creators should say or do; instead, it respects their freedom and creativity. &quot;We just want them to flourish and be happy with what they are constantly creating,&quot; Lima explained. This philosophy extends to their support for Web3 games through organic campaigns designed to onboard new users, showcasing the future of the industry through the eyes of its best creators.</p>
<p>This unique approach extends beyond content creation to include investments and strategic partnerships in the gaming sector, robust community engagement, and even language translation services, reflecting Kind&#39;s mission to break down barriers and unify creators worldwide.</p>
<p><strong>See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/23/06/32998612/exclusive-axie-infinitys-jihoz-discusses-gamefi-success-and-future-plans-at-crypto-unlocke">EXCLUSIVE: Axie Infinity&#39;s Co-Founder Discusses GameFi Success and Future Plans at Crypto Unlocked</a></strong></p>
<p><strong>A Journey from the Navy to Web3</strong></p>
<p>The narrative of Kind is deeply intertwined with the personal stories of its founders. Zio, a former Navy officer in Peru and systems engineer, found his calling in Web3 and blockchain technology through his passion for video games. His early fascination with Axie Infinity as a blend of gaming and blockchain innovation marked the beginning of Kind. Lima, has a strong background in content creation&nbsp;with more than 15 Million followers across all platforms. With Kind his community creation skills scale up to a whole new level. Additionally, Lima is also Ronin&#39;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">RON</a>) global embassador. Their journeys reflect Kind&#39;s mission: to empower individuals and communities through Web3 technology.</p>
<p><strong>A Deep Dive into Favorite Web3 Games</strong></p>
<p>When it comes to gaming, the founders of Kind have their favorites. Zio&#39;s love for strategy and interactive gameplay shines through his admiration for Axie Infinity, <a href="https://www.benzinga.com/markets/cryptocurrency/24/02/37252915/exclusive-pixels-web3-gaming-revolution-luke-barwikowski-tells-all">Pixels </a>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PIXEL</a>), and <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38115997/exclusive-foonie-magus-founder-unveils-apeirons-vision-and-launch-of-aprs">Apeiron </a>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">APRS</a>). He particularly highlighted Apeiron as the next big e-sport in Web3, drawing parallels with the immersive experience of Dota 2. Additionally, Wild Forest caught his interest, for strategy enthusiasts who relish focused gameplay. These games represent the vibrant diversity of the Web3 gaming landscape, resonating with Kind&#39;s ethos of innovation and community.</p>
<p>Lima and Zio also expressed their admiration for the CyberKongz community, citing it as a source of inspiration. &quot;We aim to be like them,&quot; Lima said, praising the community&#39;s respect and cohesion.</p>
<p><strong>See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/02/37252915/exclusive-pixels-web3-gaming-revolution-luke-barwikowski-tells-all">EXCLUSIVE: Pixels&#39; Web3 Gaming Revolution - Luke Barwikowski Tells All</a></strong></p>
<p><strong>Envisioning the Future</strong></p>
<p>The future of Kind is firmly rooted in its community of creators. &quot;The future of Kind is Kind Creators. Without the creators, we&#39;re nothing,&quot; emphasized Lima. This creator-first approach is driving Kind towards enhancing its educational programs, expanding its team, and exploring new revenue avenues for creators. The agency&#39;s long-term ambition is to foster a global community where kindness and creativity lead to mutual growth and success.</p>
<p>As Kind strides forward, its mission remains clear: to harness the transformative power of Web3 for the benefit of creators, gamers, and communities worldwide.</p>
<p><strong>See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38115997/exclusive-foonie-magus-founder-unveils-apeirons-vision-and-launch-of-aprs">EXCLUSIVE: Foonie Magus Founder Unveils Apeiron&#39;s Vision And Launch Of APRS</a></strong></p>
<h2><strong>Watch the full interview&nbsp;</strong></h2>
<p><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" frameborder="0" height="315" src="https://www.youtube.com/embed/EZb6DWu1XAk?si=wSXcfIXFJYEdBTxQ" width="560"></iframe></p>
<p>Image: Jos&eacute; Rodrigo Safdiye</p>


$APRS

$PIXEL

$RON

EXCLUSIVE: Kind Founders Reveal How They're Building A Better Web3 For Creators, Gamers And Communities

<p>Wells Fargo  analyst Elyse Greenspan   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Underweight and lowers the price target from $59 to $57.</p>


Wells Fargo Maintains Underweight on Axis Capital Holdings, Lowers Price Target to $57

<p>Keefe, Bruyette &amp; Woods  analyst Meyer Shields   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Outperform and raises the price target from $75 to $80.</p>


Keefe, Bruyette & Woods Maintains Outperform on Axis Capital Holdings, Raises Price Target to $80

<p>5 analysts have shared their evaluations of Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $71.8, with a high estimate of $80.00 and a low estimate of $59.00. This current average has increased by 4.06% from the previous average price target of $69.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712070066_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>The standing of Axis Capital Holdings among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Brian Meredith</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$80.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$59.00</td>
<td>$56.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Axis Capital Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Axis Capital Holdings compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Axis Capital Holdings's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into Axis Capital Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/AXS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Axis Capital Holdings analyst ratings.</strong></a></p>
<h2>All You Need to Know About Axis Capital Holdings</h2>
<p>Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.</p>
<h3>Axis Capital Holdings's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
<p><strong>Revenue Growth:</strong> Axis Capital Holdings's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of <strong>2.34%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> Axis Capital Holdings's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of <strong>-10.63%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Axis Capital Holdings's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>-3.27%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Axis Capital Holdings's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of <strong>-0.5%,</strong> the company may encounter challenges in delivering satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> Axis Capital Holdings's debt-to-equity ratio surpasses industry norms, standing at <strong>0.32</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


What Analysts Are Saying About Axis Capital Holdings Stock

<p>Keefe, Bruyette &amp; Woods  analyst Meyer Shields   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Outperform and maintains $75 price target.</p>


Keefe, Bruyette & Woods Maintains Outperform on Axis Capital Holdings, Maintains $75 Price Target

<p>Analysts' ratings for Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $71.0, a high estimate of $80.00, and a low estimate of $59.00. Observing a 5.19% increase, the current average has risen from the previous average price target of $67.50. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710428489_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Axis Capital Holdings by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Brian Meredith</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$80.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$59.00</td>
<td>$56.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Axis Capital Holdings. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Axis Capital Holdings compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of Axis Capital Holdings's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Capture valuable insights into Axis Capital Holdings's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/AXS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Axis Capital Holdings analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Axis Capital Holdings</h2>
<p>Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.</p>
<h3>Axis Capital Holdings's Financial Performance</h3>
<p><strong>Market Capitalization Analysis:</strong> Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Axis Capital Holdings displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately <strong>2.34%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>-10.63%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Axis Capital Holdings's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of <strong>-3.27%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Return on Assets (ROA):</strong> Axis Capital Holdings's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of <strong>-0.5%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Debt Management:</strong> The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of <strong>0.32</strong>, caution is advised due to increased financial risk.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Peeling Back The Layers: Exploring Axis Capital Holdings Through Analyst Insights

<p>Keefe, Bruyette &amp; Woods  analyst Meyer Shields   maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Outperform and raises the price target from $70 to $75.</p>


Keefe, Bruyette & Woods Maintains Outperform on Axis Capital Holdings, Raises Price Target to $75

<p><a href="https://pro.benzinga.com/?utm_source=insights">According to Benzinga Pro</a> following are the gainers and losers in <a href="https://www.benzinga.com/money/insurance/">Insurance</a> industry for today's Intraday session. </p>
<h3>Gainers</h3>
<ul>
<li><strong>Fidelis Insurance Hldgs</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIHL#NYSE">FIHL</a>) shares increased by 14.5% to $17.13 during Friday's regular session. As of 12:40 EST, this security is trading at a volume of 632.4K shares, making up 0% of its average full-day volume over the last 100 days. The company's market cap stands at $1.9 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li><strong>Marpai</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRAI#NASDAQ">MRAI</a>) stock moved upwards by 12.58% to $1.61. Marpai's stock is trading at a volume of 58.8K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $12.8 million. </li>
<li><strong>Reliance Global Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) stock increased by 8.17% to $0.5. Reliance Global Group's stock is trading at a volume of 140.2K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $2.2 million. </li>
<li><strong>Hippo Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIPO#NYSE">HIPO</a>) stock increased by 6.54% to $14.97. As of 12:40 EST, Hippo Holdings's stock is trading at a volume of 209.1K, which is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $326.5 million. </li>
<li><strong>SelectQuote</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLQT#NYSE">SLQT</a>) stock moved upwards by 6.18% to $2.06. Trading volume for SelectQuote's stock is 817.0K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $332.9 million. </li>
<li><strong>Kingstone Companies</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KINS#NASDAQ">KINS</a>) stock rose 5.83% to $3.99. Trading volume for this security as of 12:40 EST is 24.8K, which is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $33.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>American Coastal</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIC#NASDAQ">ACIC</a>) stock decreased by 15.28% to $11.81 during Friday's regular session. American Coastal's stock is trading at a volume of 687.4K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $521.9 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li><strong>FG Finl Gr</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGFPP#NASDAQ">FGFPP</a>) shares fell 7.45% to $17.4. The current volume of 416 shares is 0% of FG Finl Gr's average full-day volume over the last 100 days (last updated at 12:40 EST). </li>
<li><strong>Cheche Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCG#NASDAQ">CCG</a>) shares declined by 3.18% to $4.57. Trading volume for Cheche Group's stock is 5.2K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $362.8 million. </li>
<li><strong>Greenlight Capital Re</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLRE#NASDAQ">GLRE</a>) shares decreased by 3.09% to $12.24. Trading volume for Greenlight Capital Re's stock is 32.6K as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $446.3 million. </li>
<li><strong>Intl General Insurance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGIC#NASDAQ">IGIC</a>) shares declined by 2.86% to $11.9. As of 12:40 EST, this security is trading at a volume of 167.6K shares, making up 0% of its average full-day volume over the last 100 days. The company's market cap stands at $594.8 million. </li>
<li><strong>Axis Capital Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) shares fell 2.63% to $60.92. Axis Capital Holdings's stock is trading at a volume of 133.6K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $5.2 billion. </li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


ACIC

FGFPP

FIHL

GLRE

HIPO

IGIC

KINS

MRAI

RELI

SLQT

Insurance Stocks Moving In Friday's Intraday Session

<h3>Gainers</h3>
<ul>
<li><strong>Root</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROOT#NASDAQ">ROOT</a>) shares increased by 26.1% to $10.93 during Thursday's pre-market session. The company's market cap stands at $159.5 million. The company's, Q4 earnings came out yesterday. </li>
<li><strong>Remitly Global</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELY#NASDAQ">RELY</a>) shares increased by 24.36% to $22.0. The market value of their outstanding shares is at $4.0 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li><strong>Lion Group Holding</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGHL#NASDAQ">LGHL</a>) shares increased by 19.65% to $1.4. The company's market cap stands at $5.2 million. </li>
<li><strong>B. Riley Financial</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILY#NASDAQ">RILY</a>) shares increased by 15.13% to $17.5. The market value of their outstanding shares is at $535.2 million. </li>
<li><strong>B. Riley Financial, Inc. - 5.25% Senior Notes due 2028</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILYZ#NASDAQ">RILYZ</a>) stock rose 14.76% to $12.28. </li>
<li><strong>Cannae Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNNE#NYSE">CNNE</a>) stock moved upwards by 8.71% to $21.83. The market value of their outstanding shares is at $1.5 billion. The company's, Q4 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>CURO Group Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURO#NYSE">CURO</a>) stock decreased by 11.2% to $0.25 during Thursday's pre-market session. The market value of their outstanding shares is at $10.4 million. </li>
<li><strong>MicroSectors FANG Index -3X Inverse Leveraged ETNs due January 8, 2038</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNGD#NYSE">FNGD</a>) shares decreased by 8.18% to $3.93. </li>
<li><strong>Axis Capital Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) stock decreased by 7.59% to $56.93. The company's market cap stands at $4.8 billion. </li>
<li><strong>Carver Bancorp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARV#NASDAQ">CARV</a>) shares declined by 5.33% to $1.6. The company's market cap stands at $7.9 million. </li>
<li><strong>Jackson Finl</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JXN#NYSE">JXN</a>) stock declined by 4.63% to $48.0. The company's market cap stands at $3.8 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li><strong>Cheche Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCG#NASDAQ">CCG</a>) shares decreased by 4.34% to $5.3. The market value of their outstanding shares is at $399.8 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-financial-services-stocks/" title="www.benzinga.com/money/best-financial-services-stocks/">www.benzinga.com/money/best-financial-services-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


12 Financials Stocks Moving In Thursday's Pre-Market Session


Daniel GoldmanHouse (D-NY)	$1K - $15K	stock	Sale	May 19, 2023	Apr 10, 2023	House
Thomas R. CarperSenate (D-DE)	$1K - $15K	stock	Sale	Feb 02, 2023	Jan 11, 2023	Senate
Thomas R. CarperSenate (D-DE)	$1K - $15K	stock	Sale (Partial)	Feb 03, 2022	Jan 18, 2022	Senate

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Axis Capital Holdings Ltd

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