JXN Stock Recent News

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.

Jackson Financial (JXN) came out with quarterly earnings of $2.53 per share, missing the Zacks Consensus Estimate of $3.53 per share. This compares to earnings of $5.66 per share a year ago.

Jackson Financial (JXN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Financial services stocks are a solid addition to any investor's portfolio. This is because they offer reliable growth throughout the industry and substantial dividend payouts to investors.

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) will announce financial results for the fourth quarter and full year ended December 31, 2023, after market close Wednesday, February 21, 2024. Jackson's press release and supplemental financial materials will be available at investors.jackson.com. Jackson will host a conference call and webcast Thursday, February 22, 2024, at 10 a.m. ET to review the results and discuss the company's 2024 outlook. The live webcast i.

Jackson Financial's stock has risen 25% since being recommended as a "strong buy" three months ago. The company's strong financial performance, including beating earnings expectations, is driving the stock's rally, alongside less concern about its hedges given the strong market conditions. Jackson's transition away from riskier legacy variable annuities and its strong balance sheet support future growth and capital returns. Explore more here.