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.

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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.

Earnings Preview: Jackson Financial (JXN) Q1 Earnings Expected to Decline

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that Christopher (“Chris”) A. Raub has been appointed Chief Risk Officer, effective immediately. In this role, Raub will oversee all enterprise risk management, including financial and operational risks. Raub will also provide strategic counsel to the Chief Executive Officer, executive leadership and the board of directors as a member of Jackson's Executive Committee, reporting to CEO Laura Prieskorn.

Jackson Names Chris Raub Chief Risk Officer

Investors in Jackson Financial were dealt a severe blow as JXN tumbled from its February highs, with the recent banking crisis exacerbating the recent volatility.

Jackson Financial: Panic Selloff Is A Gift

Jackson's principal business is retail annuities. As markets remain volatile, Jackson can benefit from clients who want to avoid ups and downs.

We Think Jackson Financial Is A Buy: Here Is Why

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that Michael Hicks will join the company as Chief Information Officer (CIO), effective April 17.

Jackson Names Michael Hicks Chief Information Officer

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) will announce financial results for the first quarter ended March 31, 2023 after market close Tuesday, May 9, 2023. Jackson's press release and supplemental financial materials will be available at investors.jackson.com. Jackson will host a conference call and webcast Wednesday, May 10, 2023 at 9 a.m. ET to review the results. The live webcast is open to the public and can be accessed at investors.jackson.com.

Jackson to Report First Quarter 2023 Financial Results

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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 Weathers Selloff: Buy Opportunity And Preferred Stock Available

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced that Rhonda Wolverton, Director of Relationship Management, was honored with the Insured Retirement Institute's (IRI) 2023 Leadership Award.

Jackson's Rhonda Wolverton Honored with Insured Retirement Institute's 2023 Leadership Award

Jackson Financial is being irrationally sold off by previous Prudential plc shareholders. Due to selling pressures, Jackson Financial has an extremely low multiple that it trades at.

Jackson Financial: Cheap Stock At Just 0.25x Operating Income, With Secular Tailwind

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), was recognized with four awards from Service Quality Measurement Group, Inc. (SQM)2 for excellence in contact center service in 2022.

Jackson Receives Highest Customer Service Ranking in Financial Industry for 11th Consecutive Year

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced the pricing of a $550 million offering of 22,000,000 depositary shares, each representing a 1/1,000th interest in a share of its Fixed-Rate Reset Noncumulative Perpetual Preferred Stock, Series A, $25,000 liquidation preference per share (equivalent to $25 per depositary share), with a 5-year call/dividend rate reset period and noncumulative dividends.

Jackson Announces Pricing of Depositary Shares Offering

Jackson Financial Inc. (NYSE:JXN ) Q4 2022 Earnings Conference Call March 1, 2023 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 Scott Romine - President of Jackson National Life Distributors Craig Smith - President and Chief Investment Officer, PPM Conference Call Participants Tom Gallagher - Evercore ISI Alex Scott - Goldman Sachs Ryan Krueger - Stifel Erik Bass - Autonomous Daniel Bergman - Jefferies Operator Ladies and gentlemen, hello, and welcome to the Jackson Financial, Inc. 4Q '22 Earnings and 2023 Outlook Call. My name is Maxine, and I'll be coordinating the call today.

Jackson Financial Inc. (JXN) Q4 2022 Earnings Call Transcript

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter Highlights Net income (loss) attributable to Jackson Financial Inc. of $(710) million, or $(8.48) per diluted share, including the impact of non-economic hedging results under GAAP accounting Adjusted operating earnings1 of $491 million, or $5.

Jackson Announces Fourth Quarter and Full Year 2022 Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) announced its Board of Directors has declared a cash dividend of $0.62 per share of common stock for the first quarter of 2023, reflecting a nearly 13% increase over the prior year dividend level. The dividend is payable on March 23, 2023, to shareholders of record at the close of business on March 14, 2023.

Jackson Announces 13% Increase to First Quarter 2023 Cash Dividend and $450 Million Increase to Share Repurchase Authorization

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

Jackson Financial (JXN) Flat As Market Sinks: What You Should Know

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced plans to add a selection of its annuity solutions to SIMON from iCapital's2 insurtech platform.

Jackson Joins SIMON from iCapital's Insurtech Platform

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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: Undervalued And Underfollowed Market Leader

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, 2022 after market close Tuesday, February 28, 2023. Jackson's press release and supplemental financial materials will be available at investors.jackson.com.

UPDATE: Jackson to Report Fourth Quarter and Full-Year 2022 Financial Results and Provide 2023 Outlook

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, 2022 after market close Wednesday, February 22, 2023. Jackson's press release and supplemental financial materials will be available at investors.jackson.com.

Jackson to Report Fourth Quarter and Full-Year 2022 Financial Results

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News for Jackson Financial Stock (JXN)