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.

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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Jackson Financial is a deeply undervalued spin-off with the potential to outperform in 2023 and beyond, as rising interest rates actually are a tailwind for its business. They have a ~6.5% dividend yield I regard as very secure, which beats the short-term treasury rate by a significant margin.

Jackson Financial: Misunderstood Yet Highly Attractive

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Jackson Financial is poised to thrive in 2023 and beyond on the growth of the annuity market. Jackson Financial is trading with a deep low valuation level which leaves plenty of room for the upside for the stock.

Jackson Financial: 6% Dividend Yield, Deep Low Valuation, Strong Expected Growth For 2023

LANSING, Mich.--( BUSINESS WIRE )--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), today announced the results of recent quantitative surveys1 that reveal insights into how people at or near retirement age are planning for their financial futures. The proprietary research surveyed investors ages 50-80 (the “Golden Generation”) who were either retired with, or planning to retire within 10 years and on target to have, $250,000 or more in financial assets. Several themes emerged, including understanding a cohort of people who value certainty so much they organize their lives around obtaining it, as well as a counterintuitive difference between self-identified “spenders” and “savers” related to retirement.

Jackson Releases Proprietary Research on Retirement Spending Attitudes of the “Golden Generation”

CHICAGO--( BUSINESS WIRE )--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), announced it will serve as the presenting sponsor of the 2023 Chicago Polar Plunge, the largest polar plunge in the Midwest, with over 4,000 participants annually. All proceeds from the event will help fund year-round activities, events, transportation, uniforms and equipment for athletes of the Special Olympics Chicago and Special Children's Charities.

Jackson Sponsors 23rd Annual Chicago Polar Plunge

LANSING, Mich.--( BUSINESS WIRE )--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), today announced it has awarded more than $560,000 to nonprofits serving within communities where Jackson has an office location, including Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. The announcement is part of Jackson's biannual grant program and brings the company's total 2022 grant contributions to $1,167,000. The grants will be used to support a variety of initiatives as directed by the nonprofit recipients, including providing resources for small business and helping to alleviate hunger and homelessness in economically challenged communities.

News for Jackson Financial Stock (JXN)