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

67.06USD+1.86 (+2.85%)Market Closed

Market Summary

USD67.06+1.86

Market Closed

2.85%

JXN Stock Price

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JXN RSI Chart

JXN Valuation

Market Cap

5.2B

Price/Earnings (Trailing)

5.56

Price/Sales (Trailing)

1.64

EV/EBITDA

3.36

Price/Free Cashflow

0.98

JXN Price/Sales (Trailing)

JXN Profitability

EBT Margin

36.88%

Return on Equity

9.18%

Return on Assets

0.28%

Free Cashflow Yield

102.29%

JXN Fundamentals

JXN Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

-57.75%

Rev. Growth (Qtr)

-65.77%

JXN Earnings

Earnings (TTM)

934.0M

Earnings Growth (Yr)

-35.57%

Earnings Growth (Qtr)

-156.22%

Breaking Down JXN Revenue

Last 7 days

4.5%

Last 30 days

4.7%

Last 90 days

33.8%

Trailing 12 Months

84.2%

How does JXN drawdown profile look like?

JXN Financial Health

Debt/Equity

0.2

Debt/Cashflow

2.61

JXN Investor Care

Buy Backs (1Y)

4.26%

Diluted EPS (TTM)

10.89

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-0.85	298,309	1,614,920	0.03%
Apr 19, 2024	DENALI ADVISORS LLC	reduced	-5.00	1,116,770	6,031,970	1.78%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	622,000	2,850,000	0.03%
Apr 19, 2024	Red Tortoise LLC	unchanged	-	703	3,109	-%
Apr 19, 2024	Sumitomo Mitsui Trust Holdings, Inc.	reduced	-14.62	28,825	308,940	-%
Apr 19, 2024	First Trust Direct Indexing L.P.	new	-	204,703	204,703	0.01%
Apr 18, 2024	Hexagon Capital Partners LLC	added	18.12	34,919	101,326	0.02%
Apr 18, 2024	AlphaMark Advisors, LLC	reduced	-10.53	53,000	393,000	0.14%
Apr 18, 2024	AEGON ASSET MANAGEMENT UK Plc	unchanged	-	77,000	342,000	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-30.41	-4,693,270	41,753,800	0.06%

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

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
Apr 09, 2024	ARS	ARS
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	DEFA14A	DEFA14A
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
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	1.0T	1.3B	-2.55%	3152.72%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.5B	10.1B	-3.67%	14.30%	53.07	5.11	17.79%	-12.97%
AIG	51.1B	46.8B	-1.85%	45.43%	14.01	1.09	-14.05%	-64.38%
TRV	49.1B	42.9B	-4.51%	19.40%	15.64	1.14	13.52%	12.15%
AFL	48.2B	18.7B	-0.75%	26.60%	10.35	2.58	-2.30%	5.45%
ACGL	35.1B	13.6B	3.50%	30.93%	7.9	2.58	41.83%	201.02%
AFG	10.8B	7.8B	-1.75%	6.64%	12.66	1.38	11.18%	-5.12%
MID-CAP
UNM	9.9B	12.4B	-0.63%	27.96%	7.73	0.8	3.35%	-8.77%
AIZ	9.1B	11.1B	-2.83%	48.90%	14.12	0.82	9.21%	132.28%
LNC	4.8B	11.6B	-4.11%	34.83%	-6.38	0.41	-38.09%	-155.38%
AEL	4.4B	2.8B	-0.50%	50.39%	21.07	1.56	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-6.29%	9.16%	-18.29	1.35	24.25%	-115.79%
AMSF	977.8M	306.9M	2.59%	-3.98%	15.74	3.19	4.11%	11.70%
AMBC	658.9M	269.0M	-3.83%	-6.54%	146.43	2.45	-46.68%	-99.14%
AAME	40.0M	186.8M	-29.50%	-15.74%	-233.85	0.21	-0.56%	-111.21%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	-65.8%	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	9.7%	687	626	620	616	631	592	543	666	751	697	701	690	-	573	-	-
EBITDA Margin	145.6%	0.43*	-0.94*	-0.85*	-0.35*	0.18*	0.65*	0.50*	0.21*	0.40*	1.27*	1.84*	1.04*	0.58*	-0.20*	-0.20*	-
Interest Expenses	-28.6%	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	-155.5%	-395	712	245	-558	-385	657	845	388	-97.00	-99.00	-253	1,115	-273	-157	-457	-
Earnings Before Taxes	-149.9%	-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	137.8%	0.37*	-0.98*	-0.88*	-0.37*	0.17*	0.64*	0.49*	0.20*	0.39*	1.26*	1.83*	1.03*	0.56*	-0.23*	-0.23*	-
Net Income	-156.2%	-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	6.4%	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*	-0.14*	-
Free Cashflow	44.7%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Assets	5.0%	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	-2.6%	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	5.1%	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	-22.7%	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	7.3%	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	-18.7%	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	0.0%	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	-1.7%	79.00	80.00	82.00	81.00	83.00	84.00	85.00	85.00	89.00	-	-	94.00
Minority Interest	-78.8%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	44.7%	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	-5.7%	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	-95.6%	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	30.4%	-1,801	-2,586	-842	-1,099	538	-668	-1,450	-582	-78.00	-485	-2,921	-290	-63.80	531	-	-
Dividend Payments	-3.9%	49.00	51.00	50.00	51.00	35.00	49.00	50.00	52.00	50.00	-	-	-	-	-	-	-
Buy Backs	-2.8%	70.00	72.00	94.00	70.00	42.00	39.00	100	140	211	-	-	-	-	-	-	-

JXN Income Statement

2023-12-31

Consolidated Income Statements - USD ($) $ in Millions	12 Months Ended
Consolidated Income Statements - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Fee income	$ 7,680	$ 7,722	$ 8,059
Premiums	147	132	148
Net investment income:
Net investment income excluding funds withheld assets	1,756	1,507	2,236
Net investment income on funds withheld assets	1,174	1,254	1,188
Total net investment income	2,930	2,761	3,424
Net gains (losses) on derivatives and investments:
Net gains (losses) on derivatives and investments	(5,864)	(3,023)	(5,344)
Net gains (losses) on funds withheld reinsurance treaties	(1,801)	2,186	(21)
Total net gains (losses) on derivatives and investments	(7,665)	(837)	(5,365)
Other income	67	85	94
Total revenues	3,159	9,863	6,360
Benefits and Expenses
Death, other policy benefits and change in policy reserves, net of deferrals	965	1,062	925
(Gain) loss from updating future policy benefits cash flow assumptions, net	102	(34)	41
Market risk benefits (gains) losses, net	(3,897)	(3,536)	(3,966)
Interest credited on other contract holder funds, net of deferrals and amortization	1,145	866	832
Interest expense	185	113	37
Operating costs and other expenses, net of deferrals	2,549	2,432	2,839
Amortization of deferred acquisition costs	1,152	1,226	1,307
Total benefits and expenses	2,201	2,129	2,015
Pretax income (loss)	958	7,734	4,345
Income tax expense (benefit)	4	1,505	666
Net income (loss)	954	6,229	3,679
Less: Net income (loss) attributable to noncontrolling interests	20	43	262
Net income (loss) attributable to Jackson Financial Inc.	934	6,186	3,417
Less: Dividends on preferred stock	35	0	0
Net income (loss) attributable to Jackson Financial Inc. common shareholders	899	6,186	3,417
Net income (loss) attributable to common shareholders	$ 899	$ 6,186	$ 3,417
Earnings per share
Basic (in usd per share)	$ 10.99	$ 72.34	$ 36.35
Diluted (in usd per share)	$ 10.76	$ 69.75	$ 36.17

JXN Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Investments:
Debt Securities, available-for-sale, net of allowance for credit losses of $21 and $23 at December 31, 2023 and 2022, respectively (amortized cost: 2023 $44,844; 2022 $48,798)	$ 40,422,000	$ 42,489,000
Debt Securities, at fair value under fair value option	2,153,000	2,173,000
Debt Securities, trading, at fair value	68,000	100,000
Equity securities, at fair value	394,000	393,000
Mortgage loans, net of allowance for credit losses of $165 and $95 at December 31, 2023 and 2022, respectively	10,082,000	10,967,000
Mortgage loans, at fair value under fair value option	481,000	582,000
Policy loans (including $3,457 and $3,419 at fair value under the fair value option at December 31, 2023 and 2022, respectively)	4,399,000	4,377,000
Freestanding derivative instruments	390,000	1,270,000
Other invested assets	2,466,000	3,595,000
Total investments	60,855,000	65,946,000
Cash and cash equivalents	2,688,000	4,298,000
Accrued investment income	512,000	514,000
Deferred acquisition costs	12,302,000	12,923,000
Reinsurance recoverable, net of allowance for credit losses of $29 and $15 at December 31, 2023 and 2022, respectively	25,422,000	29,046,000
Reinsurance recoverable on market risk benefits, at fair value	149,000	221,000
Market risk benefit assets, at fair value	6,737,000	4,865,000
Deferred income taxes, net	640,000	320,000
Other assets	1,294,000	944,000
Separate account assets	219,656,000	195,906,000
Total assets	330,255,000	314,983,000
Liabilities
Reserves for future policy benefits and claims payable	11,898,000	12,318,000
Other contract holder funds	55,319,000	58,190,000
Market risk benefit liabilities, at fair value	4,785,000	5,662,000
Funds withheld payable under reinsurance treaties	19,952,000	22,957,000
Long-term debt	2,037,000	2,635,000
Repurchase agreements and securities lending payable	19,000	1,048,000
Collateral payable for derivative instruments	780,000	689,000
Freestanding derivative instruments	1,210,000	2,065,000
Separate account liabilities	219,656,000	195,906,000
Total liabilities	319,921,000	305,605,000
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; shares issued: 2023 - 22,000; liquidation preference $25,000 per share (See Note 24)	533,000	0
Common stock; 1,000,000,000 shares authorized, $0.01 par value per share and 78,660,221 and 82,690,098 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively (See Note 24)	1,000	1,000
Additional paid-in capital	6,005,000	6,063,000
Treasury stock, at cost; 15,820,785 and 11,784,813 shares at December 31, 2023 and 2022, respectively	(599,000)	(443,000)
Accumulated other comprehensive income (loss), net of tax expense (benefit) of $(178) in 2023 and $(66) in 2022	(2,808,000)	(3,378,000)
Retained earnings	7,038,000	6,403,000
Total shareholders' equity	10,170,000	8,646,000
Noncontrolling interests	164,000	732,000
Total equity	10,334,000	9,378,000
Total liabilities and equity	330,255,000	314,983,000
Related Party
Liabilities
Notes issued by consolidated variable interest entities, at fair value under fair value option	1,988,000	1,732,000
Nonrelated Party
Liabilities
Notes issued by consolidated variable interest entities, at fair value under fair value option	$ 2,277,000	$ 2,403,000

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 Mon Apr 22 2024, market cap of Jackson Financial Inc. is 5.19 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 Mon Apr 22 2024, JXN's PE ratio (Price to Earnings) is 5.56 and Price to Sales (PS) ratio is 1.64. 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.