Axis Capital (AXS) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are better than expec ...

Rebrands time-tested KLDW ETF, continuing its distinctive equity strategy based on Steve Vannelli's "Knowledge Effect"NEW YORK, July 22, 2024 /PRNewswire/ -- AXS Investments, provider of ETFs and mutual funds for growth, income and diversification, today launched the AXS Knowledge Leaders ETF (KNO) to offer a time-tested, geographically diverse path to invest in the stocks of innovative companies.The AXS Knowledge Leaders ETF (KNO) is an actively managed ETF that seeks long-term capital appreciation by inve ...

Shares of AXIS Capital Holdings Limited (AXS) have rallied 30.4% year to date, compared with the industry’s increase of 21%, the Finance sector’s rise of 11.4% and the Zacks S&P 500 composite’s rise of 15%. A compelling and diversified product portfolio, underwriting excellence, digital capabilities and solid capital position continue to drive this Zacks Rank #2 (Buy) specialty and global reinsurer. AXS, aiming for leadership in specialty risks, has a VGM Score of B. This helps to identify stocks with the m ...

Investors interested in Insurance - Property and Casualty stocks are likely familiar with Axis Capital (AXS) and Cincinnati Financial (CINF) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes comp ...

AXIS Capital Holdings Limited (AXS) is poised to gain from its compelling and diversified product portfolio, underwriting excellence, digital capabilities and solid capital position. These, along with solid growth projections, make the stock worth retaining.This leading specialty insurer and global reinsurer, carrying a Zacks rank #3 (Hold), aiming for leadership in specialty risks, has a VGM Score of B. This helps to identify stocks with the most attractive value, growth and momentum.An OutperformerShares ...

Increased exposure, higher retention, streamlined operations, better pricing, solid underwriting and a strong capital position have helped the Zacks Property and Casualty Insurance industry perform well. The industry has gained 15.1% year to date, outperforming the Zacks S&P 500 composite’s rise of 12.6% and the Finance sector’s increase of 4.4%.  Per Fitch Ratings, an improved performance at personal auto, coupled with better investment results and lower claims, should fuel insurers' performance this year. ...

An effective and prudent way to increase shareholders' wealth is by buying back shares. Companies often use funds to buy back shares from the open market to lower the number of outstanding shares. This helps boost the bottom line, in turn enabling the distribution of more profits to shareholders.Here we focus on three insurers — Axis Capital Holdings Limited (AXS) , Radian Group (RDN) and RenaissanceRe Holdings Limited (RNR) — whose board of directors recently approved new share buyback programs, banking on ...

The board of directors of AXIS Capital Holdings Limited (AXS) authorized a share buyback program to return more value to investors. The latest authorization will allow the company to spend up to $300 million to repurchase its common stock.The new program is in addition to the previously approved $100 million share repurchase program. After buying back $76 million worth of shares in the first quarter of 2024 and another $2 million worth in April, the insurer had $36 million remaining under its previous autho ...

Shares of AXIS Capital Holdings Limited (AXS) have rallied 26.7% year to date, compared with the industry’s increase of 15.5%, the Finance sector’s rise of 5.8% and the Zacks S&P 500 composite’s gain of 11.5%. With a market capitalization of $5.9 billion, the average volume of shares traded in the last three months was 0.6 million.A compelling and diversified product portfolio, underwriting excellence, digital capabilities and a solid capital position continue to drive this Zacks Rank #3 (Hold) insurer. Axi ...

AXIS Capital Holdings Limited (NYSE:AXS) Q1 2024 Results Conference Call May 2, 2024 9:30 AM ET Company Participants Cliff Gallant - Investor Relations Vince Tizzio - President and CEO Peter Vogt - CFO Conference Call Participants Dean Criscitiello - KBW Josh Shanker - Bank of America Elyse Greenspan - Wells Fargo Operator Good morning, and welcome to the First Quarter 2024 AXIS Capital Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. After today’s presentat ...