JXN Stock Recent News

The collapse of Silicon Valley Bank resulted in fear and scattered panic moving the markets. Investors are searching for the opportunity to capture the upside, and now may be the time. In an effort to calm fears, Team Biden and Warren Buffett discussed the banking crisis, perhaps to leverage Buffett's status to restore confidence.

JXN's stock price has declined by 22% after the SVB collapse and a difficult macroeconomic environment. Despite the challenges, JXN has managed to maintain strong capitalization and a cushion of over five times the statutory requirements.

Jackson Financial (JXN) closed at $46.68 in the latest trading session, marking no change from the prior day.

Rising interest rates negatively impact GAAP earnings in the near term but improve profitability in the long term. The current valuation suggests that the market doesn't value JXN's underlying business fundamentals.

Jackson Financial is a deeply undervalued spin-off with the potential to outperform in 2023 and beyond, as rising interest rates actually are a tailwind for its business. They have a ~6.5% dividend yield I regard as very secure, which beats the short-term treasury rate by a significant margin.

LBRT, JXN and ALIZY made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 20, 2022.

Jackson Financial is poised to thrive in 2023 and beyond on the growth of the annuity market. Jackson Financial is trading with a deep low valuation level which leaves plenty of room for the upside for the stock.

Jackson Financial Inc. (NYSE:JXN ) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Liz Werner - Head, IR Laura Prieskorn - CEO, President & Director Marcia Wadsten - EVP & CFO Steve Binioris - Head of ALM and Chief Actuary Conference Call Participants Suneet Kamath - Jefferies Nigel Dally - Morgan Stanley Tom Gallagher - Evercore ISI Erik Bass - Autonomous Alex Scott - Goldman Sachs Ryan Krueger - Stifel Operator Hello, and welcome to the Jackson Financial, Inc. Third Quarter 2022 Earnings Call. My name is Alex, and I'll be coordinating the call today.

The annuity leader posted third-quarter earnings results that crushed estimates.

Jackson Financial (JXN) delivered earnings and revenue surprises of 54.18% and 180.40%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?