Jackson Financial (NYSE:JXN – Free Report) had its price objective raised by Barclays from $151.00 to $154.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.
Other equities analysts have also issued research reports about the company. Jefferies Financial Group raised Jackson Financial from a “hold” rating to a “buy” rating and raised their price target for the stock from $120.00 to $140.00 in a report on Friday, July 10th. Wall Street Zen raised Jackson Financial from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jackson Financial in a research report on Monday. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $140.00 target price on shares of Jackson Financial in a research note on Friday, September 18th. Finally, Evercore set a $135.00 target price on Jackson Financial in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $134.80.
Read Our Latest Stock Analysis on JXN
Jackson Financial Stock Down 1.8%
Shares of NYSE:JXN opened at $138.11 on Wednesday. The stock has a market cap of $9.35 billion, a P/E ratio of 11.36 and a beta of 1.34. The firm has a fifty day moving average price of $133.51 and a 200 day moving average price of $118.44. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.26 and a quick ratio of 0.26. Jackson Financial has a 1-year low of $89.67 and a 1-year high of $150.00.
Jackson Financial (NYSE:JXN – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $7.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.24 by $0.31. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.07 billion. Jackson Financial had a net margin of 13.41% and a return on equity of 19.81%.
Jackson Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be issued a $0.90 dividend. The ex-dividend date of this dividend is Thursday, December 3rd. This represents a $3.60 annualized dividend and a dividend yield of 2.6%. Jackson Financial’s payout ratio is presently 507.04%.
Insider Activity
In related news, CEO Christopher Raub sold 5,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $130.69, for a total transaction of $653,450.00. Following the completion of the transaction, the chief executive officer directly owned 42,160 shares of the company’s stock, valued at $5,509,890.40. This represents a 10.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.40% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Jackson Financial
A number of institutional investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its holdings in Jackson Financial by 2.8% in the first quarter. Bank of New York Mellon Corp now owns 910,853 shares of the company’s stock valued at $96,295,000 after acquiring an additional 24,747 shares during the period. Squarepoint Ops LLC boosted its position in shares of Jackson Financial by 96.6% during the 2nd quarter. Squarepoint Ops LLC now owns 166,794 shares of the company’s stock worth $17,078,000 after purchasing an additional 81,970 shares in the last quarter. William John Sempolinski acquired a new position in shares of Jackson Financial during the 2nd quarter worth $2,222,000. Renaissance Technologies LLC acquired a new position in shares of Jackson Financial during the 1st quarter worth $10,836,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Jackson Financial during the 2nd quarter worth $3,895,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.
Key Headlines Impacting Jackson Financial
Here are the key news stories impacting Jackson Financial this week:
- Positive Sentiment: Jackson reported third-quarter EPS of $7.55, above analysts’ $7.24 consensus. The company also announced a $0.90-per-share quarterly common dividend. Jackson Announces Outstanding Third Quarter 2026 Results
- Positive Sentiment: The company increased its common share repurchase authorization by $1 billion, signaling additional capacity to return capital to shareholders. Dividend and share repurchase announcement
- Positive Sentiment: Barclays raised its price target to $154 from $151 and maintained an “overweight” rating, reflecting a more constructive analyst outlook. Barclays stock recommendations
- Negative Sentiment: Revenue was a potential concern: some coverage characterized third-quarter revenue as missing estimates, although another report listed $2.07 billion versus a $2.07 billion consensus. This mixed reporting may have muted the positive EPS surprise. Jackson Financial misses Q3 revenue estimates
Jackson Financial Company Profile
Jackson Financial Inc is a U.S.-based financial services company focused on helping individuals and institutions pursue retirement security. Through its operating subsidiaries, the company develops and distributes annuity products designed to provide income, investment growth opportunities and protection against certain retirement-related risks.
Jackson’s offerings include variable annuities, fixed annuities and fixed-indexed annuities, along with related retirement planning solutions.
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