Jackson Financial Inc

Jackson Financial Inc

JXN · NYSE · Financial Services / Insurance - Life

131.56USD+1.53 (+1.18%)

Price History

Full chart

Market Stats

Previous Close130.03
Open130.45
Day Range126.88 – 131.64
52-Week Range86.88 – 140.33
Volume2.95M
Market Cap9.02B
P/E (TTM)146.29
Forward P/E0.00
EPS0.91
Dividend Yield2.70%
Beta1.32
50-Day Avg130.78
200-Day Avg115.07

About

Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States. It 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 backed by commercial paper; 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. The company also provides 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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Life
  • CEOMs. Laura Louene Prieskorn
  • Employees3.09K
  • Headquarters1 Corporate Way, Lansing, MI, United States, 48951, USA
  • Websitehttps://www.jackson.com

Leadership

  • Ms. Laura Louene PrieskornCEO, President & Director · b. 1968
  • Mr. Don Wayne CummingsExecutive VP & CFO · b. 1964
  • Ms. Carrie Lynn ChelkoExecutive VP & General Counsel · b. 1974
  • Mr. Christopher Allen RaubEVP & President of Jackson National Life Insurance Company · b. 1971
  • Mr. Craig Donald SmithPresident & CEO of PPM America, Inc. · b. 1968
  • Mr. Devkumar Dilip GangulyExecutive VP, Chief Innovation & Technology Officer · b. 1976
  • Mr. Michael Ray HicksSenior VP & Chief Information Officer
  • Ms. Elizabeth Ann WernerHead of Investor Relations
  • Ms. Dana Scamarcia RapierSenior VP & Chief Human Resources Officer of Jackson
  • Ms. Lin Ling SunSVP & Chief Actuary

Financials

Income Statement

Line item2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.94B6.20B13.69B3.49B4.64B5.50B9.72B3.17B3.09B6.68B
Cost of Revenue--10.15B3.20B5.84B511.00M812.00M698.00M702.00M971.00M
Gross Profit-6.20B3.54B293.00M-1.20B4.99B8.91B2.47B2.39B5.71B
Operating Income768.60M3.40B2.39B-811.00M-2.49B4.34B7.73B958.00M1.02B-114.00M
EBITDA-6.79B2.49B-701.00M-2.39B4.39B7.83B1.07B1.12B-14.00M
Net Income798.00M495.30M1.99B-497.00M-1.63B3.42B6.19B934.00M946.00M27.00M
Interest Expense0086.20M99.00M88.00M37.00M113.00M185.00M101.00M100.00M

Balance Sheet

Line item2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets237.88B266.00B259.33B297.06B353.46B375.48B311.06B330.25B338.47B352.59B
Total Liabilities230.91B258.69B251.47B289.74B343.53B2.65B301.90B319.92B328.47B342.24B
Total Equity6.97B7.31B7.47B6.84B9.92B372.83B9.15B10.17B9.76B9.95B
Cash1.46B2.31B3.97B1.93B2.02B2.62B4.30B2.69B3.77B5.70B
Total Debt341.90M336.90M331.90M2.69B332.30M34.23B27.67B4.03B2.03B4.61B
Net Debt---3.64B757.30M-1.70B26.00M69.00M1.34B-1.73B-1.10B

Cash Flow

Line item2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.31B5.82B4.37B3.71B5.74B5.21B5.31B5.79B5.76B
Investing Cash Flow-2.03B-1.89B-8.33B-4.33B-1.30B-1.37B-592.00M-7.09B-7.76B
Financing Cash Flow-2.44B-2.27B1.93B705.00M-3.83B-2.16B-6.33B2.37B3.94B
Capital Expenditure000000000
Free Cash Flow5.31B5.82B4.37B3.71B5.74B5.21B5.31B5.79B5.76B
Dividends Paid600.00M450.00M2.88B50.00M50.00M186.00M236.00M255.00M267.00M

Earnings

Report DateSep 17, 2021Nov 9, 2021Mar 2, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Feb 28, 2023May 9, 2023Aug 8, 2023Nov 8, 2023Feb 21, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 19, 2025May 7, 2025Aug 4, 2025Nov 4, 2025Feb 18, 2026May 5, 2026Aug 3, 2026Nov 3, 2026
EPS Estimate5.195.325.304.721.682.905.213.983.493.533.473.764.364.671.663.164.645.455.705.965.766.99
EPS Actual6.745.167.483.942.524.245.663.153.343.802.534.235.324.604.45-0.484.876.166.615.157.30-
Surprise29.87%-3.01%41.13%-16.53%50.00%46.21%8.64%-20.85%-4.30%7.65%-27.09%12.50%22.02%-1.50%168.07%-115.19%4.96%13.03%15.96%-13.59%26.74%-
TimingPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap9.02B
Enterprise Value9.05B
Trailing P/E146.29
Forward P/E0.00
Price / Sales1.38
Price / Book0.93
EPS0.91
Book Value138.29
Revenue (TTM)6.55B
Gross Profit (TTM)3.20B
Profit Margin1.57%
Operating Margin-810.12%
Return on Equity1.38%
Return on Assets0.06%
Shares Outstanding67.73M
Shares Float61.99M
Beta1.32
Dividend Yield2.70%
Dividend Rate3.6
Payout Ratio13.88%

Analyst Ratings

Hold
Based on 5 analystsTarget 148.5
  • Buy
    1
  • Hold
    3
  • Strong Sell
    1

Ownership Breakdown

Institutions
97.47%
Insiders
1.69%
Retail / Other
0.84%

Top Institutional Holders

  • BlackRock Inc
    6.90M10.19%
  • Vanguard Portfolio Management, LLC
    5.46M8.07%
  • TPG GP A, LLC
    4.72M6.96%
  • Dimensional Fund Advisors, Inc.
    4.12M6.08%
  • Vanguard Capital Management, LLC
    3.15M4.66%
  • State Street Corp
    2.93M4.33%
  • Geode Capital Management, LLC
    2.18M3.22%
  • Donald Smith & Co Inc
    1.79M2.64%
  • The Goldman Sachs Group Inc
    1.62M2.40%
  • HSBC Holdings PLC
    1.49M2.19%
  • American Century Companies Inc
    1.46M2.15%
  • Acadian Asset Management LLC
    1.34M1.97%
  • LSV Asset Management
    1.14M1.69%
  • Charles Schwab Investment Management Inc
    1.07M1.57%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    4.24M6.27%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.22M3.28%
  • Vanguard Small Cap Index
    1.61M2.37%
  • iShares Russell 2000 ETF
    1.57M2.31%
  • Vanguard Equity-Income Inv
    1.12M1.65%
  • Vanguard MStar Small Cap Value Index
    1.02M1.50%

Dividends

20263×
0.90Sep 15, 20260.90Jun 11, 20260.90Mar 16, 2026
20254×
0.80Dec 4, 20250.80Sep 15, 20250.80Jun 12, 20250.80Mar 11, 2025
20244×
0.70Dec 5, 20240.70Sep 5, 20240.70Jun 6, 20240.70Mar 11, 2024
20234×
0.62Nov 29, 20230.62Aug 30, 20230.62May 31, 20230.62Mar 13, 2023
20224×
0.55Nov 30, 20220.55Aug 31, 20220.55Jun 1, 20220.55Mar 11, 2022
20211×
0.50Nov 18, 2021