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 (JXN) came out with quarterly earnings of $4.23 per share, beating the Zacks Consensus Estimate of $3.67 per share. This compares to earnings of $3.15 per share a year ago.

Jackson Financial (JXN) Surpasses Q1 Earnings Estimates

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the first quarter ended March 31, 2024. Key Highlights Net income (loss) attributable to Jackson Financial Inc. common shareholders of $784 million, or $9.94 per diluted share in the first quarter of 2024, compared to $(1.5) billion, or $(18.11) per diluted share in the first quarter of 2023 Adjusted operating earnings1 grew 23% to $334 million, or $4.23 per diluted share in.

Jackson Announces First Quarter 2024 Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.i (Jackson®) announced its Board of Directors has declared a cash dividend of $0.70 per share of common stock (NYSE: JXN) for the second quarter of 2024. The dividend on the common stock will be payable on June 20, 2024, to common shareholders of record at the close of business on June 6, 2024. The Company also announced the declaration of a cash dividend of $0.50 per depositary share (NYSE: JXN PR A), each representing a 1/1,000th interest.

Jackson Announces Second Quarter 2024 Common and Preferred Stock Dividends

Jackson Financial (JXN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Jackson Financial (JXN) Reports Next Week: Wall Street Expects Earnings Growth

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today launched +Income, an add-on benefit available for an additional charge, offering guaranteed2 lifetime income3 through Jackson's Market Link Pro® suite of registered index-linked annuities (RILAs). +Income enables clients to create an immediate income stream or defer withdrawals, providing the opportunity to grow income over time. RILAs.

Jackson Adds Protected Lifetime Income Benefit to RILA Suite

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2023 was up 24%. 3 months down in 2024 and the S&P 500 is already up 6%, down from the plus 10% they were at.

Dividend Income Summary: Lanny's March 2024 Summary

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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 announced that Joe Caruso, J.D., LL.M, Assistant Vice President, Government Relations and Public Policy, received the Insured Retirement Institute's (IRI's) 2024 Rising Star Award. Caruso was recognized for his demonstrated leadership within the insured retirement industry at a ceremony held earlier today during the IRI Annual Conferen.

Jackson's Joe Caruso Receives Insured Retirement Institute's Inaugural Rising Star Award

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) will announce financial results for the first quarter ended March 31, 2024, after market close Wednesday, May 8, 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, May 9, 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.com. A.

Jackson to Report First Quarter 2024 Financial Results

Jackson Financial: Excellent Capital Position Can Support More Upside

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), was recently recognized with the “Highest Customer Service — Financial Industry” award for achieving the highest first-call resolution rating in the market in 2023 from Service Quality Measurement Group, Inc. (SQM). Jackson's outstanding service also earned it the Call Center World Class First Call Resolution Certification, which recognizes.

Jackson Recognized for Highest Customer Service in Financial Industry for 12th Consecutive Year

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

What Makes Jackson Financial (JXN) a Strong Momentum Stock: Buy Now?

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: About Fairly Valued, But Growth Expected Amid High Momentum

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) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

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) Q4 Earnings and Revenues Miss Estimates

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) announced today that after more than 32 years of dedicated and outstanding service, Executive Vice President and Chief Financial Officer Marcia Wadsten intends to retire from Jackson on June 3, 2024. It is expected that Don Cummings, the Company's current Senior Vice President, Chief Accounting Officer and Controller will be appointed Chief Financial Officer as of June 3, 2024. He will succeed Wadsten, who is also e.

Jackson Announces Future Retirement of Chief Financial Officer

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter Highlights Net income (loss) attributable to Jackson Financial Inc. common shareholders of $(1.6) billion, or $(19.64) per diluted share in the fourth quarter of 2023, compared to $(1.2) billion, or $(13.74) per diluted share in the fourth quarter of 2022 Adjusted operating earnings1 of $204 million, or $2.5.

Jackson Announces Fourth Quarter and Full Year 2023 Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.i (Jackson®) announced its Board of Directors has declared a cash dividend of $0.70 per share of common stock (NYSE: JXN) for the first quarter of 2024, reflecting a nearly 13% increase over the prior year dividend level. The dividend on the common stock will be payable on March 21, 2024, to shareholders of record at the close of business on March 12, 2024. The Company also announced the declaration of a cash dividend of $0.50 per depositar.

Jackson Announces 13% Increase to First Quarter 2024 Common Stock Dividend

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.

Jackson Financial (JXN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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Dividend Income Summary: Lanny's December 2023 Summary

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 to Report Fourth Quarter and Full-Year 2023 Financial Results and Provide 2024 Outlook

JXN has outperformed expectations, with FQ3'23 bringing forth top/ bottom line beats, healthier balance sheet, and sustained shareholder returns, despite the uncertain macroeconomic outlook. The management has effectively improved its policy issuance/ underwriting, with the RILA segment already offering increased economic offset by up to 10% from equity risks relative to VA. We may see JXN's hedging performance stabilize from FQ1'24 onwards, attributed to the recently established affiliated Michigan captive insurer, Brooke Life Reinsurance Company.

News for Jackson Financial Stock (JXN)