AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide.
Undervalued established dividend payer.
Share Price & News
How has AXIS Capital Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AXS underperformed the US Insurance industry which returned -26.3% over the past year.
Return vs Market: AXS underperformed the US Market which returned -15.9% over the past year.
Price Volatility Vs. Market
How volatile is AXIS Capital Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAXIS Capital Holdings Limited (NYSE:AXS) Stock Goes Ex-Dividend In Just 4 Days
2 weeks ago | Simply Wall StThe Independent Director of AXIS Capital Holdings Limited (NYSE:AXS), Charles Davis, Just Bought 1190% More Shares
1 month ago | Simply Wall StAXIS Capital Holdings (NYSE:AXS) Shareholders Have Enjoyed A 20% Share Price Gain
Is AXIS Capital Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AXS ($35.96) is trading below our estimate of fair value ($87.32)
Significantly Below Fair Value: AXS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXS is poor value based on its PE Ratio (10.7x) compared to the Insurance industry average (8.1x).
PE vs Market: AXS is good value based on its PE Ratio (10.7x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: AXS is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: AXS is good value based on its PB Ratio (0.6x) compared to the US Insurance industry average (0.8x).
How is AXIS Capital Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXS's forecast earnings growth (28.4% per year) is above the savings rate (1.7%).
Earnings vs Market: AXS's earnings (28.4% per year) are forecast to grow faster than the US market (13.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AXS's revenue is expected to decline over the next 3 years (-11% per year).
High Growth Revenue: AXS's revenue is forecast to decline over the next 3 years (-11% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AXS's Return on Equity is forecast to be low in 3 years time (9.2%).
How has AXIS Capital Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXS has high quality earnings.
Growing Profit Margin: AXS's current net profit margins (5.5%) are higher than last year (0.01%).
Past Earnings Growth Analysis
Earnings Trend: AXS's earnings have declined by -44% per year over the past 5 years.
Accelerating Growth: AXS's earnings growth over the past year (71203.3%) exceeds its 5-year average (-44% per year).
Earnings vs Industry: AXS earnings growth over the past year (71203.3%) exceeded the Insurance industry 43.7%.
Return on Equity
High ROE: AXS's Return on Equity (5.8%) is considered low.
How is AXIS Capital Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: AXS has a low level of unsold assets or inventory.
Debt Coverage by Assets: AXS's debt is covered by short term assets (assets are 5.6x debt).
Financial Institutions Analysis
Asset Level: AXS's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if AXS has a sufficient allowance for bad loans.
Low Risk Liabilities: AXS reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if AXS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: AXS has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if AXS has an appropriate level of bad loans.
What is AXIS Capital Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AXS's dividend (4.56%) is higher than the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: AXS's dividend (4.56%) is low compared to the top 25% of dividend payers in the US market (5.82%).
Stability and Growth of Payments
Stable Dividend: AXS's dividends per share have been stable in the past 10 years.
Growing Dividend: AXS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.8%), AXS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AXS's dividends in 3 years are forecast to be well covered by earnings (32.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Albert Benchimol (61yo)
Mr. Albert A. Benchimol has been External Member of the Council at Lloyd's of London since February 1, 2019. Mr. Benchimol has been the Chief Executive Officer and President of Axis Capital Holdings Limite ...
CEO Compensation Analysis
Compensation vs Market: Albert's total compensation ($USD7.80M) is above average for companies of similar size in the US market ($USD5.71M).
Compensation vs Earnings: Albert's compensation has been consistent with company performance over the past year.
|CEO, President & Director||7.92yrs||US$7.80m||0.65% $19.8m|
|CFO & Executive VP||2.25yrs||US$1.97m||0.069% $2.1m|
|Chief Investment Officer||6yrs||US$2.65m||0.060% $1.8m|
|Chief Executive Officer of AXIS Insurance||6yrs||US$3.06m||0.094% $2.8m|
|Chief Executive Officer of AXIS Reinsurance||2.25yrs||US$5.92m||0.11% $3.5m|
|Global Corporate Controller & Principal Accounting Officer||1.5yrs||no data||0.0087% $263.7k|
|Global Head of Cyber & Technology||no data||no data||no data|
|Global Chief Information Officer||1.25yrs||no data||no data|
|Head of Investor Relations||1.92yrs||no data||no data|
|General Counsel & Corporate Secretary||3.25yrs||no data||0.029% $868.5k|
Experienced Management: AXS's management team is considered experienced (2.3 years average tenure).
|CEO, President & Director||7.92yrs||US$7.80m||0.65% $19.8m|
|Independent Director||18.42yrs||US$220.00k||0.079% $2.4m|
|Independent Director||17.58yrs||US$284.50k||0.13% $3.9m|
|Independent Director||13.5yrs||US$317.00k||0.034% $1.0m|
|Independent Director||18.42yrs||US$230.00k||0.64% $19.5m|
|Independent Director||10.75yrs||US$262.50k||0.019% $567.5k|
|Chairman of the Board||17.58yrs||US$864.86k||1.17% $35.5m|
|Lead Independent Director||7.92yrs||US$366.50k||0.053% $1.6m|
|Independent Director||1.75yrs||US$105.00k||0.0052% $158.5k|
|Independent Director||10.75yrs||US$220.00k||0.025% $757.2k|
Experienced Board: AXS's board of directors are seasoned and experienced ( 12.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AXS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AXIS Capital Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: AXIS Capital Holdings Limited
- Ticker: AXS
- Exchange: NYSE
- Founded: 2001
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$3.031b
- Shares outstanding: 84.30m
- Website: https://www.axiscapital.com
Number of Employees
- AXIS Capital Holdings Limited
- AXIS House
- 92 Pitts Bay Road
- HM 08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXS||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jul 2003|
|AXV||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2003|
|AXS.PRE||NYSE (New York Stock Exchange)||DEP SHS PFD E||US||USD||Nov 2016|
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine art, specie, hull, and war; and terrorism, aviation, credit and political risk, and liability insurance products. It also provides professional insurance products that cover directors’ and officers’ liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers. In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups, as well as accident and health reinsurance products through wholesale and retail brokers, managing general agents, and underwriters. The Reinsurance segment offers reinsurance products to insurance companies, including catastrophe reinsurance products; property reinsurance products covering property damage and related losses resulting from natural and man-made perils; professional lines; and credit and surety products. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; and marine, aviation, and personal accident reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 02:14|
|End of Day Share Price||2020/04/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.