Jackson Financial (JXN) Projected to Post Earnings on Wednesday

Jackson Financial (NYSE:JXN - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $5.03 per share and revenue of $1.80 billion for the quarter.

Jackson Financial (NYSE:JXN - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $4.65 EPS for the quarter, missing analysts' consensus estimates of $4.72 by ($0.07). The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.81 billion. On average, analysts expect Jackson Financial to post $21 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Jackson Financial Price Performance

Jackson Financial stock traded up $3.82 during midday trading on Friday, reaching $81.66. 490,717 shares of the stock were exchanged, compared to its average volume of 749,446. Jackson Financial has a 52 week low of $64.70 and a 52 week high of $115.22. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.30 and a current ratio of 0.30. The firm has a market cap of $5.93 billion, a PE ratio of 7.13 and a beta of 1.49. The company's fifty day moving average is $79.89 and its 200-day moving average is $89.85.

Jackson Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Tuesday, March 11th were issued a $0.80 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $3.20 annualized dividend and a dividend yield of 3.92%. This is a boost from Jackson Financial's previous quarterly dividend of $0.70. Jackson Financial's dividend payout ratio is presently 27.95%.

Analyst Upgrades and Downgrades

JXN has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reduced their target price on Jackson Financial from $105.00 to $90.00 and set a "market perform" rating for the company in a research report on Wednesday, April 9th. Barclays cut their price objective on Jackson Financial from $118.00 to $106.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Finally, Morgan Stanley lowered their target price on shares of Jackson Financial from $92.00 to $86.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Jackson Financial currently has a consensus rating of "Hold" and a consensus target price of $91.40.

Insiders Place Their Bets

In other Jackson Financial news, CEO Scott Romine sold 7,000 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $84.43, for a total transaction of $591,010.00. Following the transaction, the chief executive officer now directly owns 85,276 shares in the company, valued at $7,199,852.68. This trade represents a 7.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Craig Donald Smith sold 20,607 shares of the company's stock in a transaction on Monday, April 7th. The shares were sold at an average price of $69.52, for a total transaction of $1,432,598.64. Following the completion of the sale, the chief executive officer now directly owns 116,423 shares of the company's stock, valued at $8,093,726.96. This trade represents a 15.04 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company's stock.

About Jackson Financial

Jackson Financial Inc, through its subsidiaries, provides suite of annuities to retail investors in the United States. The company 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.