AXIS Capital to Host Investor Day on May 30, 2024
Business Wire (Mon, 6-May 4:15 PM ET)
JMP Securities Remains a Hold on Axis Capital (AXS)
TipRanks (Thu, 2-May 1:46 AM ET)
KBW Reaffirms Their Buy Rating on Axis Capital (AXS)
TipRanks (Thu, 2-May 1:28 AM ET)
Business Wire (Wed, 1-May 4:15 PM ET)
AXIS Capital to Release First Quarter Financial Results on May 1, 2024
Business Wire (Wed, 10-Apr 4:15 PM ET)
AXIS Capital Announces Publication of the Company's 2023 Loss Development Triangles
Business Wire (Mon, 25-Mar 4:15 PM ET)
AXIS Promotes Kyle Freeman to Head of ILS
Business Wire (Thu, 21-Mar 9:00 AM ET)
AXIS Appoints W. Marston Becker as Chair-Elect of Board of Directors
Business Wire (Thu, 29-Feb 9:15 AM ET)
Business Wire (Wed, 28-Feb 9:15 AM ET)
AXIS Capital Declares Quarterly Dividends
Business Wire (Thu, 22-Feb 4:15 PM ET)
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.
Axis Capital Holdings trades on the NYSE stock market under the symbol AXS.
As of May 7, 2024, AXS stock price climbed to $68.81 with 1,004,512 million shares trading.
AXS has a beta of 0.10, meaning it tends to be less sensitive to market movements. AXS has a correlation of 0.00 to the broad based SPY ETF.
AXS has a market cap of $5.86 billion. This is considered a Mid Cap stock.
Last quarter Axis Capital Holdings reported $1 billion in Revenue and $2.57 earnings per share. This fell short of revenue expectation by $-175 million and exceeded earnings estimates by $.17.
In the last 3 years, AXS stock traded as high as $69.11 and as low as $44.49.
The top ETF exchange traded funds that AXS belongs to (by Net Assets): VTI, VB, VBR, VXF, AVUV.
AXS has outperformed the market in the last year with a price return of +29.2% while the SPY ETF gained +27.0%. AXS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +18.9% and +10.7%, respectively, while the SPY returned +5.0% and +3.5%, respectively.
AXS support price is $65.57 and resistance is $67.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AXS stock will trade within this expected range on the day.