Axis Capital (AXS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this insurance company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings esti ...

财务数据和关键指标变化 - 2023年全年营业收入为48.6亿美元,净资产收益率为7.9%,经营净资产收益率为11% [10] - 2023年全年毛保费创历史新高,达84亿美元,净投资收益为6.12亿美元 [10] - 2023年全年每股摊薄账面价值增长15.1%至54.06美元 [20] 各条业务线数据和关键指标变化 - 保险业务2023年全年毛保费增长10%,达61亿美元,其中不含专业险的保险业务增长17% [11][23] - 保险业务2023年全年综合成本率为92.5%,其中不含灾害和天气因素的当年事故年综合成本率为87.4% [11] - 再保险业务2023年全年综合成本率为107.6%,其中不含灾害和天气因素的当年事故年综合成本率为64.8% [26][27] 各个市场数据和关键指标变化 - 公司在美国批发市场连续5年实现两位数增长,2023年当年事故年综合成本率为76% [12] - 公司是全球领先的可再生能源保险商,并在劳合社设立了首个专门承保这些风险的协会 [12] - 公司在北美启动了内陆海运和建筑业务,并扩大了中小企业专业险业务,实现48%的增长 [12] - 公司在伦敦市场被评为前10大领先和表现出色的协会 [13] 公司战略和发展方向及行业竞争 - 公司继续专注于有吸引力的市场,并在资本配置和新收入来源方面做出明智选择 [11] - 公司正在投资和建设一流的承保、理赔和运营能力 [15][16] - 公司正在通过"我们如何工作"计划提高运营效率,以实现更一致和可靠的盈利 [17] - 公司预计将实现综合成本率低于90%,费用率低于30%,实现两位数的净资产收益率和每股账面价值增长 [18] 管理层对经营环境和未来前景的评论 - 公司进入2024年充满信心和动力,预计将受益于整体有利的市场环境 [18] - 公司正在进行多项投资,包括人才、运营能力和专业产品,并在推进"我们如何工作"计划 [18] - 公司团队专注并兴奋地继续为经纪人、客户和利益相关方创造价值 [18] 问答环节重要的提问和回答 问题1 **Joshua Shanker提问** 公司在2022年和2023年的准备金调整中,是否考虑了通胀和社会通胀的影响,以及对不同事故年的影响 [35][36][37][38][39][40] **Pete Vogt回答** 公司已经调整了所有年度的通胀和社会通胀假设,将其上调至高单位数水平,并相应调整了准备金 [36][37][38][39][40] 问题2 **Yaron Kinar提问** 公司保险业务的基础赔付率为何没有随着产品组合向低赔付率的财产险倾斜而下降 [44][45][46][47][48][49][50] **Pete Vogt和Vince Tizzio回答** 公司2023年保险业务基础赔付率保持稳定,主要是因为负债类业务赔付率上升被财产险业务占比提升所抵消 [45][46][47][48][49][50] 问题3 **Brian Meredith提问** 公司2024年是否会因为准备金调整而导致分入再保险成本上升 [54][55][56] **Vince Tizzio回答** 公司近年来已经大幅调整了负债类业务的组合,预计2024年分入再保险成本不会出现重大变化 [54][55]

AXIS Capital Holdings Limited (AXS) posted fourth-quarter 2023 operating income of $2.94 per share, in contrast to the Zacks Consensus Estimate of a loss of $1.25. The bottom line increased 50.8% year over year. The insurer’s results reflected higher premiums written, net investment income and increased underwriting income. Quarterly Operational Update Total operating revenues of $1.5 billion beat the Zacks Consensus Estimate by 2.7%. The top line however declined 2.1% year over year on lower premiums earne ...

Axis Capital (AXS) reported $1.46 billion in revenue for the quarter ended December 2023, representing a year- over-year decline of 2.2%. EPS of $2.94 for the same period compares to $1.95 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.42 billion, representing a surprise of +2.67%. The company delivered an EPS surprise of +335.20%, with the consensus EPS estimate being -$1.25. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or "the Company") (NYSE: AXS) today announced financial results for the fourth quarter ended December 31, 2023. Commenting on the fourth quarter 2023 financial results, Vince Tizzio, President and CEO of AXIS Capital, said: "This was a transformative year for AXIS, one where we further elevated all aspects of how we operate and go to market, and we believe the Company is on a clear path to becoming a specialty underw ...

成长股 - 成长股对许多投资者具有吸引力，因为高于平均水平的财务增长帮助这些股票轻松吸引市场的注意力并产生异常回报[1] - 寻找优秀的成长股并不容易，因为这些股票具有高于平均水平的风险和波动性[2] - 利用Zacks Growth Style Score可以帮助我们轻松找到前沿成长股，该系统超越传统的增长属性，分析公司的真实增长前景[3] - 研究表明，具有最佳增长特征的股票持续优于市场[5] Axis Capital (AXS) - Axis Capital是一家具有有利的Growth Score和顶级Zacks Rank的公司，我们的专有系统目前推荐该股[4] - 该公司的盈利预期增长率预计为70.6%，远高于行业平均水平[8] - Axis Capital的现金流增长率为8.6%，高于许多同行[10] - 过去3-5年，该公司的年化现金流增长率为54.1%，远高于行业平均水平[11] - Axis Capital的当年盈利预期已经出现上调[13] - Axis Capital的整体盈利预期修订使其成为Zacks Rank 2股票，基于许多因素，包括上述讨论的因素，它获得了B的Growth Score[14]

Axis Capital (AXS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a changing ...

Investors interested in Insurance - Property and Casualty stocks are likely familiar with Axis Capital (AXS) and Berkshire Hathaway B (BRK.B) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings es ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...

Axis Capital (AXS) shares soared 6.4% in the last trading session to close at $58.48. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.8% gain over the past four weeks. The insurer announced preliminary financial results for the year ended Dec 31, 2023 where it continues to generate premium growth with double-digit increases across the vast majority of the specialty insurance lines, and further improved and streamlined the opera ...