Profile
Sector:
Financial ServicesIndustry:
Insurance - LifeCountry:
United StatesIPO:
01 September 2021Website:
http://www.jackson.comNext earnings report:
07 August 2024Last dividends:
06 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:20:00 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
JXN Latest News
SSL, NMM and JXN made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 7, 2024.
Jackson Financial offers income and value to shareholders with its excess capital position, dividend, and cheap valuation compared to peers. The company operates in the life insurance industry, specializing in retirement planning and annuity products. JXN's decision to establish Brooke Re, a captive reinsurance company, is expected to improve risk management and reduce sensitivity to capital market risks.
Jackson Financial Inc. has delivered a 150%+ return over the last year, yet its valuation remains low. The company focuses on providing annuities to retail investors and has a history of generating appealing profits. Jackson Financial's shareholder-friendly capital allocation approach and solid fee income growth make it an attractive investment option.
Is Jackson Financial (JXN) a strong contender for momentum investors looking for top stock picks? Let's see.
There is growing optimism about Jackson Financial's earnings prospects, leading to its upgrade to a Zacks Rank #1 (Strong Buy), which could potentially push the stock higher.
Jackson Financial: Excellent Capital Position Can Support More Upside
Does Jackson Financial (JXN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Annuity sales in 2023 reached a record high, increasing by 23% compared to the previous year. Jackson Financial is benefiting from the trend of older workers exiting the labor force and has strong growth potential amid high annuity sales. The stock has a fair valuation and positive chart momentum, making it a favorable investment for a continued rally.
Jackson Financial Inc. (JXN) Q4 2023 Earnings Call Transcript
While the top- and bottom-line numbers for Jackson Financial (JXN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 1(current)
What type of business is Jackson Financial?
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 immediate 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. This segment also provides 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, wirehouses and regional broker-dealers, and independent registered investment advisors, third-party platforms, and insurance agents. Jackson Financial Inc. was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. The company was incorporated in 2006 and is headquartered in Lansing, Michigan.
What sector is Jackson Financial in?
Jackson Financial is in the Financial Services sector
What industry is Jackson Financial in?
Jackson Financial is in the Insurance - Life industry
What country is Jackson Financial from?
Jackson Financial is headquartered in United States
When did Jackson Financial go public?
Jackson Financial initial public offering (IPO) was on 01 September 2021
What is Jackson Financial website?
https://www.jackson.com
Is Jackson Financial in the S&P 500?
No, Jackson Financial is not included in the S&P 500 index
Is Jackson Financial in the NASDAQ 100?
No, Jackson Financial is not included in the NASDAQ 100 index
Is Jackson Financial in the Dow Jones?
No, Jackson Financial is not included in the Dow Jones index
When does Jackson Financial report earnings?
The next expected earnings date for Jackson Financial is 07 August 2024