NYSE:JXN

Jackson Financial (JXN) Stock Price, News & Analysis

$74.65
-0.68 (-0.90%)
(As of 01:33 PM ET)
Today's Range
$73.84
$75.29
50-Day Range
$56.05
$78.62
52-Week Range
$27.24
$81.52
Volume
267,932 shs
Average Volume
791,220 shs
Market Capitalization
$5.78 billion
P/E Ratio
1.97
Dividend Yield
3.75%
Price Target
$61.80

Jackson Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
17.4% Downside
$61.80 Price Target
Short Interest
Healthy
4.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of Jackson Financial in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$983,710 Sold Last Quarter
Proj. Earnings Growth
8.07%
From $16.36 to $17.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.47 out of 5 stars

Finance Sector

1277th out of 2,641 stocks

Life Insurance Industry

31st out of 60 stocks

JXN stock logo

About Jackson Financial Stock (NYSE:JXN)

Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities; and a block of group payout annuities. The company also offers investment management services. It sells its products through a distribution network that includes independent broker-dealers, wirehouses, regional broker-dealers, banks, independent registered investment advisors, third-party platforms, and insurance agents. The company was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. Jackson Financial Inc. was incorporated in 2006 and is headquartered in Lansing, Michigan.

JXN Stock Price History

JXN Stock News Headlines

Jackson Announces First Quarter 2024 Results
JXN Breaks Above 4% Yield Territory
See More Headlines
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Company Calendar

Ex-Dividend for 3/21 Dividend
3/11/2024
Dividend Payable
3/21/2024
Last Earnings
5/08/2024
Today
5/14/2024
Ex-Dividend for 6/20 Dividend
6/06/2024
Dividend Payable
6/20/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Life insurance
Sub-Industry
N/A
Fax
N/A
Employees
3,840
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$61.80
High Stock Price Target
$75.00
Low Stock Price Target
$47.00
Potential Upside/Downside
-17.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$934 million
Pretax Margin
109.18%

Debt

Sales & Book Value

Annual Sales
$3.16 billion
Cash Flow
$13.60 per share
Book Value
$124.60 per share

Miscellaneous

Free Float
76,406,000
Market Cap
$5.79 billion
Optionable
Optionable
Beta
1.54
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Key Executives

  • Ms. Laura Louene PrieskornMs. Laura Louene Prieskorn (Age 56)
    CEO, President & Director
    Comp: $4.64M
  • Ms. Marcia Lynn Wadsten F.S.A. (Age 57)
    Executive VP & CFO
    Comp: $3.09M
  • Ms. Carrie Lynn Chelko (Age 50)
    Executive VP & General Counsel
    Comp: $1.64M
  • Mr. Craig Donald Smith C.F.A. (Age 56)
    President, CEO & Chief Investment Officer of PPM America, Inc.
    Comp: $3.1M
  • Mr. Scott Eric Romine (Age 59)
    President & CEO of Jackson National Life Distributors LLC
    Comp: $2.09M
  • Mr. Devkumar Dilip Ganguly (Age 48)
    Executive VP & COO
  • Mr. Don Wayne Cummings (Age 60)
    Senior VP, Controller & Chief Accounting Officer
  • Mr. Michael Ray Hicks
    Chief Information Officer
  • Ms. Elizabeth Ann Werner
    Head of Investor Relations
  • Ms. Dana Scamarcia Rapier
    Senior VP & Chief Human Resources Officer of Jackson

JXN Stock Analysis - Frequently Asked Questions

Should I buy or sell Jackson Financial stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jackson Financial in the last year. There are currently 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" JXN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JXN, but not buy additional shares or sell existing shares.
View JXN analyst ratings
or view top-rated stocks.

What is Jackson Financial's stock price target for 2024?

5 equities research analysts have issued 1 year price objectives for Jackson Financial's stock. Their JXN share price targets range from $47.00 to $75.00. On average, they anticipate the company's stock price to reach $61.80 in the next twelve months. This suggests that the stock has a possible downside of 17.4%.
View analysts price targets for JXN
or view top-rated stocks among Wall Street analysts.

How have JXN shares performed in 2024?

Jackson Financial's stock was trading at $51.20 at the beginning of 2024. Since then, JXN stock has increased by 46.1% and is now trading at $74.82.
View the best growth stocks for 2024 here
.

Are investors shorting Jackson Financial?

Jackson Financial saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 3,660,000 shares, a decline of 9.0% from the April 15th total of 4,020,000 shares. Based on an average daily trading volume, of 874,400 shares, the short-interest ratio is presently 4.2 days. Approximately 4.9% of the shares of the stock are sold short.
View Jackson Financial's Short Interest
.

When is Jackson Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our JXN earnings forecast
.

How were Jackson Financial's earnings last quarter?

Jackson Financial Inc. (NYSE:JXN) issued its quarterly earnings data on Wednesday, May, 8th. The company reported $4.23 earnings per share for the quarter, topping analysts' consensus estimates of $3.67 by $0.56. The business had revenue of $2 billion for the quarter, compared to analysts' expectations of $1.67 billion. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.15 EPS.

How often does Jackson Financial pay dividends? What is the dividend yield for Jackson Financial?

Jackson Financial announced a quarterly dividend on Wednesday, May 8th. Shareholders of record on Thursday, June 6th will be paid a dividend of $0.70 per share on Thursday, June 20th. This represents a $2.80 annualized dividend and a yield of 3.74%. The ex-dividend date is Thursday, June 6th.
Read our dividend analysis for JXN
.

Is Jackson Financial a good dividend stock?

Jackson Financial (NYSE:JXN) pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.70%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JXN will have a dividend payout ratio of 15.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JXN.

Who are Jackson Financial's major shareholders?

Jackson Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.58%), Donald Smith & CO. Inc. (3.07%), Allspring Global Investments Holdings LLC (0.82%), Allspring Global Investments Holdings LLC (0.82%), Jupiter Asset Management Ltd. (0.77%) and Acadian Asset Management LLC (0.64%). Insiders that own company stock include Carrie Chelko, Dan Hagan, Derek G Kirkland, Devkumar Dilip Ganguly, Don W Cummings, Gregory T Durant, Laura Louene Prieskorn, Paul Chadwick Myers, Plc Prudential, Russell G Noles and Scott Romine.
View institutional ownership trends
.

How do I buy shares of Jackson Financial?

Shares of JXN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:JXN) was last updated on 5/14/2024 by MarketBeat.com Staff

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