Inside the research
Jackson Financial Inc.
JXN Research profile · latest available data
Price overview
$133.12
▲ +2.97 (+2.3%)
| 52w hi | $139.72 |
|---|---|
| 52w lo | $87.80 |
| Vol | 591.00K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.48
| Short | +0.41 |
|---|---|
| Medium | +0.52 |
| Long | +0.55 |
computed 2026-09-27
Key fundamentals
Jackson Financial Inc.
Financial Services · Insurance - Life
| Market cap | $9.02B |
|---|---|
| Enterprise value | $9.80B |
| Trailing P/E | 146.29x |
| Forward P/E | 4.32x |
| P / S (ttm) | 1.38x |
| Profit margin | 1.6% |
| Return on equity | 1.4% |
| Earnings growth | +291.6% |
| Debt / equity | 54.61 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.38 | |
| Sector | +0.02 | |
| Technical | +0.32 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 1.37 |
|---|---|
| Corr SPX | 0.59 |
| Annual vol | 37.3% |
| Annual ret | +26.5% |
| Sharpe | 0.71 |
| Max DD | -38.1% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $122.00 |
|---|---|
| High / Low | $136.00 / $114.00 |
| Median | $119.00 |
| Analysts | 4 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 0 | |
| Hold | 3 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-10 | Keefe, Bruyette & Woods | → Market Perform |
| 2026-04-08 | Barclays | → Overweight |
| 2026-03-26 | Keefe, Bruyette & Woods | → Market Perform |
| 2025-11-17 | Morgan Stanley | → Equal-Weight |
| 2025-11-05 | Barclays | → Overweight |
| 2025-10-09 | Keefe, Bruyette & Woods | → Market Perform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-03 | Reg FD Disclosure, Exhibits | read |
| 2026-08-03 | Earnings Release | read |
| 2026-07-22 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-07-01 | Material Agreement, Material Obligation… | read |
| 2026-06-25 | Officer / Director Change, Exhibits | read |
| 2026-06-15 | Material Obligation, Exhibits | read |
| 2026-05-26 | Shareholder Vote, Exhibits | read |
| 2026-05-05 | Reg FD Disclosure, Exhibits | read |
| 2026-05-05 | Earnings Release | read |
| 2026-04-09 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-03-27 | Other Material Event, Exhibits | read |
| 2026-03-19 | Material Obligation, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-12 | Raub Christopher | EVP JFI; CEO PPM America | Sell | 5.00K | $653.45K |
| 2026-08-05 | Chelko Carrie | EVP and General Counsel | Sell | 7.50K | $1.01M |
| 2026-06-25 | STECHER ESTA E | Grant | 430 | — | |
| 2026-06-25 | Noles Russell G | Grant | 189 | — | |
| 2026-06-25 | Lippert Martin J | Grant | 399 | — | |
| 2026-06-25 | Lawton Drew | Grant | 252 | — | |
| 2026-06-25 | Kirkland Derek G | Grant | 125 | — | |
| 2026-06-25 | KANDARIAN STEVEN A | Grant | 951 | — | |
| 2026-06-25 | Claffee Lily Fu | Grant | 399 | — | |
| 2026-06-25 | Raub Christopher | EVP JFI; CEO PPM America | Grant | 14 | — |
Flow & Concentration
| Insider 180d net | -$1.66M |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 97.4% |
| HHI | 5,246 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $304.33M | 2.97M |
| Citadel Advisors | $31.24M | 305.08K |
| AQR Capital Management | $30.08M | 293.76K |
| Renaissance Technologies | $26.65M | 260.30K |
| Capital Research / Capital World | $23.95M | 233.92K |
| Bridgewater Associates | $7.06M | 68.94K |
| Millennium Management | $2.84M | 27.77K |
| Fidelity / FMR LLC | $1.23M | 12.05K |
| T. Rowe Price Group | $8.65K | 84.53K |
As of 2026-06-30
Dividends
| Yield (TTM) | 1.28% |
|---|---|
| $ / share (TTM) | $1.70 |
| 5y CAGR | — |
Annual dividend per share
| 2021 | $0.50 |
|---|---|
| 2022 | $2.20 |
| 2023 | $2.48 |
| 2024 | $2.80 |
| 2025 | $3.20 |
| 2026 | $0.90 |
SEC Filings
The Long Run
FY 2021–2025 · 5 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $6.68B | -6.8% | |
| Net income | $934.00M | +65.5% | |
| Cash from ops | $5.31B | -1.9% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $130.77 | $133.89 | $129.50 | $133.12 | 591.00K |
| Sep 24 | $129.87 | $131.30 | $128.58 | $130.15 | 556.90K |
| Sep 23 | $128.22 | $131.12 | $128.22 | $129.73 | 614.60K |
| Sep 22 | $132.34 | $132.34 | $127.92 | $129.57 | 766.50K |
| Sep 21 | $131.34 | $134.00 | $131.34 | $131.87 | 1.07M |
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