Axis Capital Holdings Limited (AXS) Getting Somewhat Favorable Media Coverage, Analysis Shows

News headlines about Axis Capital Holdings Limited (NYSE:AXS) have been trending somewhat positive on Saturday, Alpha One Sentiment Analysis reports. The research group, a division of Accern, identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Axis Capital Holdings Limited earned a media sentiment score of 0.10 on Alpha One’s scale. Alpha One also gave news articles about the insurance provider an impact score of 85 out of 100, meaning that recent news coverage is very likely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have effected Alpha One Sentiment Analysis’s scoring:

Insider Buying and Selling by Quarter for Axis Capital Holdings Limited (NYSE:AXS)

Shares of Axis Capital Holdings Limited (NYSE:AXS) traded up 0.68% during mid-day trading on Friday, reaching $65.33. 517,034 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $64.69 and a 200-day moving average price of $65.87. The stock has a market cap of $5.53 billion, a PE ratio of 13.56 and a beta of 0.58. Axis Capital Holdings Limited has a 12 month low of $51.33 and a 12 month high of $71.06.

Axis Capital Holdings Limited (NYSE:AXS) last issued its quarterly earnings data on Wednesday, April 26th. The insurance provider reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.81 by $0.22. Axis Capital Holdings Limited had a return on equity of 0.39% and a net margin of 2.52%. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same quarter last year, the firm earned $1.07 EPS. Axis Capital Holdings Limited’s revenue for the quarter was down 10.5% compared to the same quarter last year. On average, analysts predict that Axis Capital Holdings Limited will post $3.94 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Wednesday, June 28th. Axis Capital Holdings Limited’s dividend payout ratio (DPR) is 31.73%.

A number of research firms recently weighed in on AXS. Zacks Investment Research cut shares of Axis Capital Holdings Limited from a “hold” rating to a “strong sell” rating in a research note on Monday, May 8th. Citigroup Inc. upped their target price on shares of Axis Capital Holdings Limited from $60.00 to $61.00 and gave the company a “sell” rating in a research note on Friday, April 7th. ValuEngine raised shares of Axis Capital Holdings Limited from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Deutsche Bank AG reissued a “hold” rating and issued a $64.00 target price (down previously from $66.00) on shares of Axis Capital Holdings Limited in a research note on Wednesday, March 15th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $64.00 target price on shares of Axis Capital Holdings Limited in a research note on Friday, June 2nd. Five analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. Axis Capital Holdings Limited has an average rating of “Hold” and a consensus price target of $66.25.

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About Axis Capital Holdings Limited

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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