Jackson Financial

Jackson Financial, Inc. 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 immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts, funding agreements consisting of agreements issued in conjunction with its participation in the U.S. federal home loan bank program, and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. This segment also provides a block of group payout annuities. The company also offers investment management services. It was founded in 1961 and is headquartered in Lansing, MI.

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Jackson Financial reports $5.7B net income, plans $600M distribution

Jackson Financial's 2022 performance showcased strong financial results, capital return to shareholders, and recognition for customer service. Despite challenges in certain segments and market impacts in Q4, the company remains focused on growth opportunities and maintaining a healthy leverage ratio for 2023.

Jackson Financial reports stable sales and strong capital position

Jackson Financial's Q1 2023 Earnings Call highlighted stable sales, strong capital position, and a focus on retirement solutions. The company remains thoughtful about capital allocation, disciplined in pricing, and confident in meeting capital return targets.

Jackson Financial reports robust Q2 earnings and capital return plans

Jackson Financial's Q2 2023 performance reflects strong financial results and a focus on capital return to shareholders.
The company's leadership in the annuity industry and product innovations have driven sales growth and expanded consumer reach.
Engagement with regulators and industry discussions present opportunities for improved risk management and financial alignment.

Jackson Financial reports robust Q3 earnings amidst regulatory challenges

Jackson Financial's Q3 2023 earnings call highlighted strong financial performance, robust capital position, and strategic initiatives driving sales growth. The company faces regulatory challenges but is actively engaging with regulators and advocating for fair regulations. Opportunities for growth exist in digital marketing, product innovation, and capital optimization strategies.

Jackson Financial reports robust earnings, plans increased shareholder returns

Jackson Financial's Q4 2023 Earnings Call highlighted strong financial performance, strategic initiatives with Brooke Re, and plans for increased capital return to shareholders in 2024. The company's robust capital position, dividend growth, and CFO transition plan underscore a commitment to shareholder value and long-term financial stability.

Jackson Financial (JXN) reports robust Q3 performance and capital growth

Jackson Financial's Q3 2024 performance reflects a solid foundation in annuity sales and capital generation, positioning the company for continued growth. With a focus on profitable growth, capital discipline, and enhancing shareholder value, Jackson Financial aims to navigate challenges and capitalize on opportunities in the market.

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Jackson Financial, Inc. operates as an investment holding company. The firm operates through the following 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 immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts, funding agreements consisting of agreements issued in conjunction with its participation in the U.S. federal home loan bank program, and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. This segment also provides a block of group payout annuities. The firm also offers investment management services. The company was founded in 1961 and is headquartered in Lansing, MI.

Jackson Financial Inc. (NYSE:JXN ) Q2 2024 Results Conference Call August 8, 2024 10:00 AM ET Company Participants Liz Werner - Head of Investor Relations Laura Prieskorn - CEO Don Cummings - CFO Steve Binioris - Head of Asset Liability Management and Chief Actuary Scott Romine - President of Jackson National Life Distributors Craig Smith - President and Chief Investment Officer of PPM Conference Call Participants Suneet Kamath - Jefferies Tom Gallagher - Evercore ISI Operator Hello everyone, and welcome to the Jackson Financial Inc. 2Q ‘24 Earnings Call. My name is Charlie, and I'll be coordinating the call today.

Jackson Financial Inc. (JXN) Q2 2024 Earnings Call Transcript

The headline numbers for Jackson Financial (JXN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Jackson Financial (JXN) Q2 Earnings: A Look at Key Metrics

Jackson Financial (JXN) came out with quarterly earnings of $5.32 per share, beating the Zacks Consensus Estimate of $4.32 per share. This compares to earnings of $3.34 per share a year ago.

Jackson Financial (JXN) Surpasses Q2 Earnings and Revenue Estimates

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the second quarter ended June 30, 2024. Key Highlights Strong earnings driven by a 9% increase in total annuity assets under management, from $227 billion as of June 30, 2023 to $247 billion as of June 30, 2024, largely due to higher equity markets over the past 12 month period Record level of registered index-linked annuity (RILA) sales of $1.4 billion in the second quarter.

Jackson Announces Second Quarter 2024 Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (Jackson®) today announced its Board of Directors has declared a cash dividend of $0.70 per share of common stock (NYSE: JXN) for the third quarter of 2024. The dividend on the common stock will be payable on September 19, 2024, to common shareholders of record at the close of business on September 5, 2024. The Company also announced the declaration of a cash dividend of $0.50 per depositary share (NYSE: JXN PR A), each representing a 1/1.

Jackson Announces Third Quarter 2024 Common and Preferred Stock Dividends and $750 Million Increase to Common Share Repurchase Authorization

In the most recent trading session, Jackson Financial (JXN) closed at $87.18, indicating a -0.75% shift from the previous trading day.

Jackson Financial (JXN) Stock Drops Despite Market Gains: Important Facts to Note

Here is how Jackson Financial (JXN) and Skyward Specialty Insurance (SKWD) have performed compared to their sector so far this year.

Is Jackson Financial (JXN) Outperforming Other Finance Stocks This Year?

Does Jackson Financial (JXN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Jackson Financial (JXN) is a Great Choice

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Jackson Financial shares have doubled in the past year due to favorable market conditions and strong annuity business performance. The company exceeded my earnings expectations in Q1, with growth in the RILA business offsetting legacy variable annuity exposure. Jackson Financial's strong capital position, improving business mix, and solid investment portfolio support ongoing capital returns and potential share price growth.

Jackson Financial: Efficient Capital Generation Supports Rising Shareholder Returns

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) will announce financial results for the second quarter ended June 30, 2024, after market close Wednesday, August 7, 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, August 8, 2024, at 10 a.m. ET to review the results. The live webcast is open to the public and can be accessed at investors.jackson.c.

Jackson to Report Second Quarter 2024 Financial Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.i (NYSE: JXN), today announced it has awarded $775,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. These funds will support the ability for nonprofit clients to obtain affordable financial services, establish savings practices, and prioritize reducing debt, as well as prov.

Jackson Awards $775,000 in Grants to Nonprofits Across Lansing, Nashville and Chicago

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Jackson Financial offers income and value to shareholders with its excess capital position, dividend, and cheap valuation compared to peers. The company operates in the life insurance industry, specializing in retirement planning and annuity products. JXN's decision to establish Brooke Re, a captive reinsurance company, is expected to improve risk management and reduce sensitivity to capital market risks.

Jackson Financial: An Interesting Value And Income Play

Jackson Financial Inc. has delivered a 150%+ return over the last year, yet its valuation remains low. The company focuses on providing annuities to retail investors and has a history of generating appealing profits. Jackson Financial's shareholder-friendly capital allocation approach and solid fee income growth make it an attractive investment option.

Is Ultra-Cheap Jackson Financial A Buy?

Jackson Financial has produced attractive returns for investors, with total returns almost tripling in less than three years. The company's financial history shows revenue and earnings volatility due to losses on derivatives and reinsurance treaties. Jackson primarily earns fees from annuity products, but their annuity business is experiencing negative net flows and a decline in income.

Jackson Financial: A Puff From The Annuity Cigar Butt

Jackson Financial (JXN) is a Great Momentum Stock: Should You Buy?

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All You Need to Know About Jackson Financial (JXN) Rating Upgrade to Strong Buy

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LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today released key findings from its study on how consumers and financial professionals perceive inflation risk and the associated impacts on retirement income planning. The study is the second installment of Jackson's Security in Retirement Series conducted in partnership with the Center for Retirement Research at Boston College, which aims.

Jackson Study Reveals Consumers Anxious About Inflation; Financial Professionals Recommend Diversifying

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Jackson Financial Inc. (NYSE:JXN ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Liz Werner - Head, IR Laura Prieskorn - CEO Marcia Wadsten - CFO Scott Romine - President, Jackson National Life Distributors Don Cummings - Chief Accounting Officer and Controller Conference Call Participants Tom Gallagher - Evercore ISI Suneet Kamath - Jefferies Ryan Krueger - KBW Operator Good morning. Thank you for attending the Jackson Financial Inc. First Quarter 2024 Earnings Call.

Jackson Financial Inc. (JXN) Q1 2024 Earnings Call Transcript

The headline numbers for Jackson Financial (JXN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News for Jackson Financial Stock (JXN)