There Is A Quest For Clarity Surrounding Axis Capital Holdings Ltd (NYSE: AXS) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Insurance – Specialty industry segment, falling under the Financial sector. The current market capitalization of Axis Capital Holdings Ltd is $8.10B. A total of 0.97 million shares were traded on the day, compared to an average of 515.82K shares.

In the most recent transaction, SMITH HENRY B sold 7,217 shares of AXS for 72.90 per share on Jun 03 ’24. After the transaction, the Director now owns 48,019 company shares. In a previous transaction on May 28 ’24, GALANSKI STANLEY A bought 2,000 shares at 71.43 per share. AXS shares that Director owns now total 11,763.

Among the insiders who bought shares, Millegan Michael acquired of 1,400 shares on May 21 ’24 at a per-share price of $71.49. This resulted in the Director holding 9,016 shares of AXS after the transaction. In another insider transaction, BECKER W MARSTON bought 3,025 shares at $66.58 per share on May 06 ’24. Company shares held by the Director now total 21,821.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Axis Capital Holdings Ltd pays an annual dividend of $1.76, resulting in a dividend yield of 1.88%, and it has a price to earnings (P/E) ratio of 13.04. AXS’s most recent ex-dividend date was 9/30/2024 when it declared a $0.44 quarterly dividend that was paid in cash on 10/18/2024. Previously, the company paid the dividend on 7/18/2024 with an ex-dividend date of 6/28/2024. The AXS stock dividend was $0.44 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, AXS has a high of $91.52 and a low of $53.49.

As of this writing, AXS has an earnings estimate of $2.53 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of $2.8 per share and a lower estimate of $2.24. The company reported an EPS of $2.94 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AXS’s latest balance sheet shows that the firm has $13.19B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $66.15, while its Total Shareholder’s Equity was $5.41B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AXS is Buy with a score of 4.00.

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