Axis Capital Holdings Limited Plans Quarterly Dividend of $0.44 (NYSE:AXS)

Axis Capital Holdings Limited (NYSE:AXS - Get Free Report) declared a quarterly dividend on Thursday, December 4th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.44 per share by the insurance provider on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, December 31st.Axis Capital has increased its dividend by an average of 0.0%annually over the last three years. Axis Capital has a dividend payout ratio of 14.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Axis Capital to earn $12.33 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 14.3%. Axis Capital Stock Up 0.0%AXS stock opened at $99.62 on Friday. Axis Capital has a twelve month low of $83.90 and a twelve month high of $107.19. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.27. The company has a market cap of $7.67 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 0.96 and a beta of 0.65. The business's 50-day simple moving average is $96.90 and its 200 day simple moving average is $98.18. Axis Capital (NYSE:AXS - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The insurance provider reported $3.25 EPS for the quarter, beating the consensus estimate of $2.72 by $0.53. Axis Capital had a return on equity of 18.99% and a net margin of 16.08%.The firm had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.33 billion. During the same quarter in the prior year, the firm posted $2.71 EPS. The company's revenue for the quarter was up 3.9% on a year-over-year basis. On average, research analysts anticipate that Axis Capital will post 11.19 earnings per share for the current year. Axis Capital Company Profile (Get Free Report)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.Read MoreFive stocks we like better than Axis CapitalWhat Are Growth Stocks and Investing in Them Could Ross Stores Stock Hit $200 by Christmas? Here Are 3 Reasons Analysts Think SoThe Significance of Brokerage Rankings in Stock SelectionThe Trade Desk: After a 70% Plunge, This Could Be The Time to BuyDiversification Can Smooth Returns And Mitigate Portfolio RiskTap Into 2026 AI Infrastructure Gains With This High-Growth ETFThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Axis Capital Right Now?Before you consider Axis Capital, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Axis Capital wasn't on the list.While Axis Capital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here