Jackson Financial (JXN) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jackson Financial in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" JXN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JXN, but not buy additional shares or sell existing shares.
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4 analysts have issued 1-year price objectives for Jackson Financial's shares. Their JXN share price forecasts range from $37.00 to $55.00. On average, they predict the company's share price to reach $42.75 in the next year. This suggests a possible upside of 47.6% from the stock's current price.
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Jackson Financial's stock was trading at $34.79 at the beginning of the year. Since then, JXN stock has decreased by 16.7% and is now trading at $28.97.
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Jackson Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,450,000 shares, an increase of 20.1% from the April 30th total of 2,040,000 shares. Based on an average daily volume of 1,180,000 shares, the short-interest ratio is presently 2.1 days. Approximately 3.3% of the company's stock are short sold.
View Jackson Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our JXN earnings forecast.

Jackson Financial Inc. (NYSE:JXN) released its quarterly earnings results on Tuesday, May, 9th. The company reported $3.15 EPS for the quarter, missing the consensus estimate of $3.93 by $0.78. The firm earned ($749) million during the quarter, compared to the consensus estimate of $1.61 billion. Jackson Financial had a net margin of 42.47% and a trailing twelve-month return on equity of 14.28%. During the same period last year, the firm earned $3.94 EPS.

Jackson Financial announced a quarterly dividend on Tuesday, May 9th. Shareholders of record on Thursday, June 1st will be paid a dividend of $0.62 per share on Thursday, June 15th. This represents a $2.48 dividend on an annualized basis and a yield of 8.56%. The ex-dividend date of this dividend is Wednesday, May 31st.
Read our dividend analysis for JXN.

ETFs with the largest weight of Jackson Financial (NYSE:JXN) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), SPDR S&P Bank ETF (KBE), Invesco KBW High Dividend Yield Financial ETF (KBWD), Hypatia Women CEO ETF (WCEO), Royce Quant Small-Cap Quality Value ETF (SQLV), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Hartford Multifactor Small Cap ETF (ROSC) and WBI Power Factor High Dividend ETF (WBIY).

Jackson Financial (NYSE:JXN) pays an annual dividend of $2.48 per share and currently has a dividend yield of 8.79%. JXN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 10.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JXN will have a dividend payout ratio of 14.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JXN.

Jackson Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "JXN."

Jackson Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.59%), Dodge & Cox (5.09%), Price T Rowe Associates Inc. MD (5.05%), Dimensional Fund Advisors LP (3.43%), State Street Corp (2.59%) and Allspring Global Investments Holdings LLC (1.88%). Insiders that own company stock include Carrie Chelko, Dan Hagan, Derek G Kirkland, Devkumar Dilip Ganguly, Don W Cummings, Gregory T Durant, Laura Louene Prieskorn, Paul Chadwick Myers, Plc Prudential and Russell G Noles.
View institutional ownership trends.

Shares of JXN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JXN stock can currently be purchased for approximately $28.97.

Jackson Financial (NYSE:JXN) has a market capitalization of $2.39 billion and generates $11.50 billion in revenue each year. The company earns $5.70 billion in net income (profit) each year or $22.80 on an earnings per share basis.

The company employs 3,895 workers across the globe.

Jackson Financial's mailing address is 1 CORPORATE WAY, LANSING MI, 48951. The official website for the company is www.jackson.com. The company can be reached via phone at 517-381-5500 or via email at investorrelations@jackson.com.