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
Vol591.00K
As of25 Sep 2026

The Verdict

Hold

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/E146.29x
Forward P/E4.32x
P / S (ttm)1.38x
Profit margin1.6%
Return on equity1.4%
Earnings growth+291.6%
Debt / equity54.61

Layer Breakdown

LayerRawContribution
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.

United States · www.jackson.com

Risk Metrics

Beta vs SPX1.37
Corr SPX0.59
Annual vol37.3%
Annual ret+26.5%
Sharpe0.71
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
Analysts4
Strong Buy1
Buy0
Hold3
Sell0
Strong Sell0

Recent rating actions

2026-04-10Keefe, Bruyette & Woods→ Market Perform
2026-04-08Barclays→ Overweight
2026-03-26Keefe, Bruyette & Woods→ Market Perform
2025-11-17Morgan Stanley→ Equal-Weight
2025-11-05Barclays→ Overweight
2025-10-09Keefe, Bruyette & Woods→ Market Perform

Material Events

DateEvent8-K
2026-08-03Reg FD Disclosure, Exhibitsread
2026-08-03Earnings Releaseread
2026-07-22Officer / Director Change, Reg FD Disclosure…read
2026-07-01Material Agreement, Material Obligation…read
2026-06-25Officer / Director Change, Exhibitsread
2026-06-15Material Obligation, Exhibitsread
2026-05-26Shareholder Vote, Exhibitsread
2026-05-05Reg FD Disclosure, Exhibitsread
2026-05-05Earnings Releaseread
2026-04-09Officer / Director Change, Reg FD Disclosure…read
2026-03-27Other Material Event, Exhibitsread
2026-03-19Material Obligation, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-12Raub ChristopherEVP JFI; CEO PPM AmericaSell5.00K$653.45K
2026-08-05Chelko CarrieEVP and General CounselSell7.50K$1.01M
2026-06-25STECHER ESTA EGrant430—
2026-06-25Noles Russell GGrant189—
2026-06-25Lippert Martin JGrant399—
2026-06-25Lawton DrewGrant252—
2026-06-25Kirkland Derek GGrant125—
2026-06-25KANDARIAN STEVEN AGrant951—
2026-06-25Claffee Lily FuGrant399—
2026-06-25Raub ChristopherEVP JFI; CEO PPM AmericaGrant14—

Flow & Concentration

Insider 180d net-$1.66M
Insider buys / sells0 / 2
Insider biasNeutral
13F holders9
Top-5 share97.4%
HHI5,246 (concentrated)

Top Holders

HolderValueShares
State Street Corp$304.33M2.97M
Citadel Advisors$31.24M305.08K
AQR Capital Management$30.08M293.76K
Renaissance Technologies$26.65M260.30K
Capital Research / Capital World$23.95M233.92K
Bridgewater Associates$7.06M68.94K
Millennium Management$2.84M27.77K
Fidelity / FMR LLC$1.23M12.05K
T. Rowe Price Group$8.65K84.53K

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

DateFormDoc
2026-08-134view
2026-08-064view
2026-08-0310-Qview
2026-08-038-Kview
2026-08-038-Kview
2026-07-228-Kview
2026-07-018-Kview
2026-06-294view
2026-06-294view
2026-06-294view
2026-06-294view
2026-06-294view
2026-06-294view
2026-06-294view
2026-06-294view

The Long Run

FY 2021–2025 · 5 years

LineLatestCAGRTrend
Revenue$6.68B-6.8%
Net income$934.00M+65.5%
Cash from ops$5.31B-1.9%

Indices

S&P SmallCap 600

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$130.77$133.89$129.50$133.12591.00K
Sep 24$129.87$131.30$128.58$130.15556.90K
Sep 23$128.22$131.12$128.22$129.73614.60K
Sep 22$132.34$132.34$127.92$129.57766.50K
Sep 21$131.34$134.00$131.34$131.871.07M

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