JXN - Jackson Financial Inc. Stock Price, Fair Value and News

77.99USD+2.29 (+3.03%)Market Closed

Market Summary

USD77.99+2.29

Market Closed

3.03%

JXN Alerts

Big jump in Earnings (Y/Y)

JXN Stock Price

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JXN RSI Chart

JXN Valuation

Market Cap

5.9B

Price/Earnings (Trailing)

1.84

Price/Sales (Trailing)

1.88

EV/EBITDA

1.27

Price/Free Cashflow

1.13

JXN Price/Sales (Trailing)

JXN Profitability

EBT Margin

130.48%

Return on Equity

31.15%

Return on Assets

0.95%

Free Cashflow Yield

88.69%

JXN Fundamentals

JXN Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

-57.75%

Rev. Growth (Qtr)

-65.77%

JXN Earnings

Earnings (TTM)

3.2B

Earnings Growth (Yr)

153.11%

Earnings Growth (Qtr)

150.99%

Breaking Down JXN Revenue

Last 7 days

3.1%

Last 30 days

22.7%

Last 90 days

50.8%

Trailing 12 Months

158.0%

How does JXN drawdown profile look like?

JXN Financial Health

Debt/Equity

0.2

Debt/Cashflow

2.59

JXN Investor Care

Buy Backs (1Y)

7.55%

Diluted EPS (TTM)

38.94

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	8.2B	6.5B	4.8B	3.2B
2022	7.6B	12.6B	13.2B	9.9B
2021	3.6B	3.7B	6.0B	6.4B
2020	0	3.5B	3.5B	3.5B
2019	0	0	0	3.5B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Jackson Financial Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 04, 2024	chelko carrie	sold (taxes)	-661,812	66.02	-10,024	evp, general counsel
Apr 04, 2024	romine scott	sold (taxes)	-512,350	66.02	-7,760	president and ceo, jnld
Apr 04, 2024	ganguly devkumar dilip	sold (taxes)	-827,245	66.02	-12,530	evp & chief operating officer
Apr 04, 2024	prieskorn laura louene	sold (taxes)	-2,601,370	66.02	-39,402	ceo, president and director
Apr 04, 2024	wadsten marcia lynn	sold (taxes)	-1,625,910	66.02	-24,627	evp and cfo
Apr 04, 2024	cummings don w	sold (taxes)	-344,258	66.02	-5,214	svp and cao
Apr 04, 2024	raub christopher	back to issuer	-560,979	66.02	-8,497	evp and chief risk officer
Apr 04, 2024	smith craig donald	sold (taxes)	-1,061,730	66.02	-16,082	ceo, cio & pres ppm america
Apr 04, 2024	raub christopher	acquired	-	-	8,497	evp and chief risk officer
Mar 21, 2024	lawton drew	acquired	-	-	230	-

Which funds bought or sold JXN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 17, 2024	Plato Investment Management Ltd	new	-	19,974	19,974	-%
May 16, 2024	B. Riley Wealth Advisors, Inc.	added	16.53	-234,668	1,568,210	0.04%
May 16, 2024	Brown Shipley& Co Ltd	reduced	-4.5	10,675	56,192	0.02%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-91.25	-5,823,260	741,760	-%
May 16, 2024	Ancora Advisors LLC	reduced	-12.82	1,053,820	9,406,430	0.21%
May 16, 2024	COMERICA BANK	reduced	-7.01	362,568	2,164,180	0.01%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-7.66	783,447	4,844,890	0.01%
May 16, 2024	EJF Capital LLC	reduced	-9.47	330,079	2,277,270	1.58%
May 15, 2024	Arbiter Partners Capital Management LLC	sold off	-100	-3,609,600	-	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	sold off	-100	-1,398,220	-	-%

Are Funds Buying or Selling JXN?

Are funds buying JXN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own JXN

No. of Funds

JXN Alerts

Big jump in Earnings (Y/Y)

Unveiling Jackson Financial Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	blackrock inc.	9.8%	7,578,304	SC 13G/A
Mar 07, 2024	blackrock inc.	10.0%	7,754,527	SC 13G/A
Feb 13, 2024	vanguard group inc	13.41%	10,657,989	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.3%	4,175,972	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 30, 2024	prudential plc	0%	0	SC 13G/A
Jan 24, 2024	blackrock inc.	9.6%	7,627,798	SC 13G/A
Feb 24, 2023	blackrock inc.	7.7%	6,411,352	SC 13G
Feb 21, 2023	prudential plc	9.2%	7,635,443	SC 13G/A
Feb 14, 2023	sessa capital (master), l.p.	0.0%	10	SC 13G/A

Recent SEC filings of Jackson Financial Inc.

View All Filings

Date Filed	Form Type	Document
May 16, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 08, 2024	8-K	Current Report
May 06, 2024	13F-NT	13F-NT
Apr 09, 2024	ARS	ARS
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	DEFA14A	DEFA14A
Apr 08, 2024	4	Insider Trading

Peers (Alternatives to Jackson Financial Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

Jackson Financial Inc. News

Latest updates

Jackson Financial Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	-100.0%	-	892	2,606	410	1,261	2,111	2,962	6,694	2,221	1,277	2,419	1,706	958	941	111	-	-
Costs and Expenses	-0.3%	685	687	626	620	616	631	592	543	666	751	697	701	690	-	573	-	-
EBITDA Margin	217.7%	1.36*	0.43*	-0.94*	-0.85*	-0.35*	0.18*	0.46*	0.30*	-0.12*	0.01*	1.27*	1.84*	1.04*	0.58*	-0.20*	-	-
Interest Expenses	-28.6%	25.00	35.00	49.00	58.00	43.00	40.00	29.00	24.00	20.00	18.00	6.00	7.00	6.00	7.00	8.00	31.00	-
Income Taxes	125.6%	101	-395	712	245	-558	-385	657	845	388	-97.00	-99.00	-253	1,115	-273	-157	-457	-
Earnings Before Taxes	151.7%	903	-1,748	3,502	1,465	-2,054	-7,634	2,525	4,139	2,613	-3,301	252	-538	3,586	4,302	-531	-3,620	-
EBT Margin	253.8%	1.30*	0.37*	-0.98*	-0.88*	-0.37*	0.17*	0.45*	0.29*	-0.13*	0.00*	1.26*	1.83*	1.03*	0.56*	-0.23*	-	-
Net Income	151.0%	795	-1,559	2,773	1,217	-1,497	-1,150	1,879	3,263	2,194	-141	-118	-1,078	4,754	75.00	-396	-3,109	-
Net Income Margin	245.4%	1.02*	0.30*	0.28*	0.07*	0.30*	0.63*	0.55*	0.41*	0.11*	0.54*	0.60*	0.90*	0.36*	-0.46*	-0.14*	-	-
Free Cashflow	-12.7%	1,426	1,634	1,129	1,086	1,461	2,265	889	1,219	833	2,147	1,387	804	1,344	1,265	1,046	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Assets	3.0%	340,280	330,255	314,534	326,980	321,464	314,983	302,970	316,205	352,641	377,357	364,373	366,657	355,511
Cash Equivalents	-5.4%	2,544	2,688	2,760	2,100	1,779	4,298	5,331	5,258	2,674	2,623	2,482	1,536	2,019
Liabilities	3.1%	329,924	319,921	304,281	317,557	311,997	305,605	293,267	305,895	342,352	369,036	353,516	355,668	348,576
Long Term Debt	-0.2%	2,033	2,037	2,635	2,633	2,632	2,635	2,634	2,634	2,640	2,649	1,069	318	322
Shareholder's Equity	1.8%	10,356	10,170	9,478	9,423	9,467	8,646	10,948	10,453	8,909	8,321	10,856	10,990	6,935
Retained Earnings	10.3%	7,766	7,038	8,661	5,952	4,852	6,403	9,065	7,635	4,782	440	2,275	2,068	-2,927
Additional Paid-In Capital	0%	6,005	6,005	6,007	5,997	6,070	6,063	6,036	6,020	6,081	6,051	5,928	5,927	5,927
Shares Outstanding	-2.6%	77.00	79.00	80.00	82.00	81.00	83.00	84.00	85.00	85.00	89.00	-	-	94.00
Minority Interest	14.0%	187	164	775	771	829	732	729	747	715	680	598	599	494
Float	-	-	-	-	2,500	-	-	-	1,900	-	-	1,900	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																	(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	-12.7%	1,426	1,634	1,129	1,086	1,461	2,265	889	1,219	833	2,147	1,387	804	1,344	1,265	1,046	-	-
Share Based Compensation	36.4%	45.00	33.00	35.00	15.00	24.00	35.00	27.00	-2.00	71.00	69.00	14.00	46.00	-	-	-	-	-
Cashflow From Investing	-2257.0%	-2,006	93.00	2,119	78.00	-2,882	-3,843	-146	2,817	-202	-1,920	44.00	2,080	-1,500	-630	-8,939	-	-
Cashflow From Financing	124.0%	433	-1,801	-2,586	-842	-1,099	538	-668	-1,450	-582	-78.00	-485	-2,921	-290	-63.80	531	-	-
Dividend Payments	-100.0%	-	49.00	51.00	50.00	51.00	35.00	49.00	50.00	52.00	50.00	-	-	-	-	-	-	-
Buy Backs	71.4%	120	70.00	72.00	94.00	70.00	42.00	39.00	100	140	211	-	-	-	-	-	-	-

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JXN Income Statement

2024-03-31

Condensed Consolidated Income Statements - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Fee income	$ 1,998	$ 1,888
Premiums	38	25
Net investment income:
Net investment income excluding funds withheld assets	464	400
Net investment income on funds withheld assets	270	307
Total net investment income	734	707
Net gains (losses) on derivatives and investments:
Net gains (losses) on derivatives and investments	(2,892)	(2,726)
Net gains (losses) on funds withheld reinsurance treaties	(201)	(673)
Total net gains (losses) on derivatives and investments	(3,093)	(3,399)
Other income	1	15
Total revenues	(322)	(764)
Benefits and Expenses
Death, other policy benefits and change in policy reserves, net of deferrals	221	228
(Gain) loss from updating future policy benefits cash flow assumptions, net	11	14
Market risk benefits (gains) losses, net	(2,718)	(174)
Interest credited on other contract holder funds, net of deferrals and amortization	273	285
Interest expense	25	28
Operating costs and other expenses, net of deferrals	685	616
Amortization of deferred acquisition costs	278	293
Total benefits and expenses	(1,225)	1,290
Pretax income (loss)	903	(2,054)
Income tax expense (benefit)	101	(558)
Net income (loss)	802	(1,496)
Less: Net income (loss) attributable to noncontrolling interests	7	1
Net income (loss) attributable to Jackson Financial Inc.	795	(1,497)
Less: Dividends on preferred stock	11	0
Net income (loss) attributable to Jackson Financial Inc. common shareholders, Basic	784	(1,497)
Net income (loss) attributable to Jackson Financial Inc. common shareholders, diluted	$ 784	$ (1,497)
Earnings per share
Basic (in usd per share)	$ 10.04	$ (18.11)
Diluted (in usd per share)	$ 9.94	$ (18.11)

JXN Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Investments:
Debt Securities, available-for-sale, net of allowance for credit losses of $20 and $21 at March 31, 2024 and December 31, 2023, respectively (amortized cost: 2024 $44,796; 2023 $44,844)	$ 40,090	$ 40,422
Debt Securities, at fair value under fair value option	2,256	2,153
Debt Securities, trading, at fair value	70	68
Equity securities, at fair value	222	394
Mortgage loans, net of allowance for credit losses of $162 and $165 at March 31, 2024 and December 31, 2023, respectively	9,899	10,082
Mortgage loans, at fair value under fair value option	455	481
Policy loans (including $3,448 and $3,457 at fair value under the fair value option at March 31, 2024 and December 31, 2023, respectively)	4,386	4,399
Freestanding derivative instruments	213	390
Other invested assets	2,580	2,466
Total investments	60,171	60,855
Cash and cash equivalents	2,542	2,688
Accrued investment income	488	512
Deferred acquisition costs	12,173	12,302
Reinsurance recoverable, net of allowance for credit losses of $30 and $29 at March 31, 2024 and December 31, 2023, respectively	24,558	25,422
Reinsurance recoverable on market risk benefits, at fair value	126	149
Market risk benefit assets, at fair value	8,025	6,737
Deferred income taxes, net	749	640
Other assets	675	1,294
Separate account assets	230,773	219,656
Total assets	340,280	330,255
Liabilities
Reserves for future policy benefits and claims payable	11,585	11,898
Other contract holder funds	54,897	55,319
Market risk benefit liabilities, at fair value	3,843	4,785
Funds withheld payable under reinsurance treaties (including $3,618 and $3,626 at fair value under the fair value option at March 31, 2024 and December 31, 2023, respectively)	19,244	19,952
Long-term debt	2,033	2,037
Repurchase agreements and securities lending payable	1,820	19
Collateral payable for derivative instruments	92	780
Freestanding derivative instruments	1,288	1,210
Separate account liabilities	230,773	219,656
Total liabilities	329,924	319,921
Commitments, Contingencies and Guarantees
Equity
Series A non-cumulative preferred stock and additional paid in capital, $1.00 par value per share: 24,000 shares authorized; 22,000 shares issued and outstanding at March 31, 2024 and December 31, 2023; liquidation preference $25,000 per share (See Note 19)	533	533
Common stock; 1,000,000,000 shares authorized, $0.01 par value per share and 76,621,374 and 78,660,221 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively (See Note 19)	1	1
Additional paid-in capital	6,005	6,005
Treasury stock, at cost; 17,859,632 and 15,820,785 shares at March 31, 2024 and December 31, 2023, respectively	(713)	(599)
Accumulated other comprehensive income (loss), net of tax expense (benefit) of $(274) and $(178) at March 31, 2024 and December 31, 2023, respectively	(3,423)	(2,808)
Retained earnings	7,766	7,038
Total shareholders' equity	10,169	10,170
Noncontrolling interests	187	164
Total equity	10,356	10,334
Total liabilities and equity	340,280	330,255
Related Party
Liabilities
Other liabilities	2,068	1,988
Nonrelated Party
Liabilities
Other liabilities	$ 2,281	$ 2,277

About Jackson Financial Inc.

Jackson Financial Inc., through its subsidiaries, primarily provides a 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, banks and other financial institutions, warehouses and regional broker-dealers, and 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.

CEO	Ms. Laura Louene Prieskorn
WEBSITE	jackson.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	2975

Jackson Financial Inc. Frequently Asked Questions

What is the ticker symbol for Jackson Financial Inc.? What does JXN stand for in stocks?

JXN is the stock ticker symbol of Jackson Financial Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Jackson Financial Inc. (JXN)?

As of Fri May 17 2024, market cap of Jackson Financial Inc. is 5.95 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of JXN stock?

You can check JXN's fair value in chart for subscribers.

What is the fair value of JXN stock?

You can check JXN's fair value in chart for subscribers. The fair value of Jackson Financial Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Jackson Financial Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for JXN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Jackson Financial Inc. a good stock to buy?

The fair value guage provides a quick view whether JXN is over valued or under valued. Whether Jackson Financial Inc. is cheap or expensive depends on the assumptions which impact Jackson Financial Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for JXN.

What is Jackson Financial Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, JXN's PE ratio (Price to Earnings) is 1.84 and Price to Sales (PS) ratio is 1.88. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. JXN PE ratio will change depending on the future growth rate expectations of investors.