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®) today announced the pricing of a $750 million senior notes offering. The senior notes offering is spread across two tranches, one tranche representing $400 million aggregate principal amount of 5.17% senior notes due 2027 and the other tranche representing $350 million aggregate principal amount of 5.67% senior notes due 2032. The offering is expected to close June 8, 2022, subject to customary closing conditions. J

Jackson Announces Pricing of $750 Million Senior Notes Offering

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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 a new distribution relationship with The Pinnacle Group (Pinnacle) to offer its advisory annuity products through Pinnacle's outsourced insurance desk (OID), which serves more than 15,000 registered investment advisors (RIAs). “We're excited for this new relationship with Pinnacle, as it signifies Jackson's ongoing commitmen

Jackson Expands RIA Distribution Network Through New Strategic Alliance with The Pinnacle Group

Jackson Financial, Inc. (NYSE:JXN ) Q1 2022 Earnings Conference Call May 11, 2022 10:00 AM ET Company Participants Liz Werner - Head, Investor Relations Laura Prieskorn - CEO, President & Director Marcia Wadsten - EVP & CFO Paul Myers - Vice Chairman Conference Call Participants Thomas Gallagher - Evercore ISI Suneet Kamath - Jefferies Alexander Scott - Goldman Sachs Group Erik Bass - Autonomous Research Ryan Krueger - KBW Operator Good morning, and thank you for attending today's Jackson Financial First Quarter '22 Earnings Call. My name is Austin, and I'll be your moderator for today.

Jackson Financial, Inc. (JXN) CEO Laura Prieskorn on Q1 2022 Results - Earnings Call Transcript

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the three months ended March 31, 2022. Key Highlights Net income of $2,025 million, or $22.51 per diluted share, including the impact of non-economic hedging results under GAAP accounting Adjusted operating earnings1 of $354 million, or $3.94 per diluted share Total annuity account value of $242 billion increased 2% from the first quarter of 2021, primarily as a result of positiv

Jackson Announces First Quarter 2022 Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) announced that its Board of Directors has declared a quarterly cash dividend of $0.55 per Class A common share for the second quarter of fiscal 2022. The dividend is payable on June 16, 2022 to shareholders of record at the close of business on June 2, 2022. ABOUT JACKSON Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Our rang

Jackson Announces Second Quarter Fiscal 2022 Cash Dividend of $0.55 Per Share

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced the release of its inaugural Environmental, Social and Governance (ESG) report since becoming an independent, public company in September 2021. The report highlights Jackson's ongoing ESG efforts and priorities for the future. “Jackson's historical focus and efforts to positively impact our environment, communities and stakeholders have always been important to our business, and we are proud to relea

Jackson Releases Environmental, Social and Governance Report

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LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) will announce financial results for the first quarter ended March 31, 2022 after market close Tuesday, May 10, 2022. 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 11, 2022 at 10 a.m. ET to review the results. The live call and webcast are open to the public and can be accessed at investors.jackso

Jackson to Report First Quarter 2022 Financial Results

Jackson Financial is trading tremendously cheap with a Price to Book of 0.37, and a Price to Sales of 0.5.

Jackson Financial: Outrageously Cheap

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc. 1 (NYSE: JXN), today announced it is teaming up with Producers Choice Network® (PCN) to offer its advisory annuity products to the more than 6,500 investment advisor representatives (IARs) served through PCN's outsourced insurance desk (OID). “We're thrilled to expand our distribution footprint with registered investment advisors (RIAs) through this colla

Jackson Announces New Distribution Relationship With One Insurance Solution for RIAs, Powered by Producers Choice Network

Jackson Financial Inc. (JXN) CEO Laura Prieskorn on Q4 2021 Results - Earnings Call Transcript

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) today announced financial results for the 12 months and three months ended December 31, 2021. Full Year 2021 and Recent Highlights Completed separation from Prudential plc and listing on the NYSE Approved quarterly cash dividends and a $300 million share repurchase authorization in November with the first dividend payment made in December Returned $261 million to shareholders in the fourth quarter of 2021 with $211 million of r

Jackson Announces Full Year and Fourth Quarter 2021 Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that its Board of Directors has declared a cash dividend of $0.55 per Class A common share for the first quarter of fiscal 2022, reflecting a 10% increase over the prior quarter's dividend. The dividend is payable on March 23, 2022 to shareholders of record at the close of business on March 14, 2022. In addition, the Board has authorized an increase of $300 million to Jackson's existing share repurch

Jackson Announces First Quarter Fiscal 2022 Cash Dividend of $0.55 Per Share and a $300 Million Increase to its Share Repurchase Authorization

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), was recognized with four awards from Service Quality Measurement Group, Inc. (SQM)1 for excellence in contact center service in 2021. The honors include earning the Highest Customer Service — Financial Industry award for achieving the highest first-call resolution (FCR) score in the market. SQM also named Jackson a Contact Center of the Year F

Jackson Ranks Highest in Industry for Customer Service; Named “Contact Center of the Year” Finalist in Annual SQM Awards

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Jackson Financial (JXN) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why Jackson Financial (JXN) Looks Ripe for Bottom Fishing

On September 13, 2021, JXN was spun-off from Prudential plc (PUK).

Jackson Financial: Greenblatt Spin-Off Trading At 2x P/E, 0.48x P/B, Yields 4% And Insiders Are Buying

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) will announce financial results for the fourth quarter and full year ended December 31, 2021 after market close Wednesday, March 2, 2022. Jackson's press release and supplemental financial materials will be available at investors.jackson.com. Jackson will host a conference call and webcast Thursday, March 3, 2022 at 10 a.m. ET to review the results. The live call and webcast are open to the public and can be accessed at invest

Jackson to Report Fourth Quarter and Full-Year 2021 Financial Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that Scott Romine has been appointed President of Jackson National Life Distributors LLC (JNLD), the marketing and distribution business of Jackson National Life Insurance Company. Scott will also be a member of Jackson's Executive Committee, reporting to Chief Executive Officer, Laura Prieskorn. A 24-year Jackson veteran, Romine most recently served as President of Advisory Solutions, where he was i

Jackson Names Scott Romine President of Jackson National Life Distributors LLC

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®), as part of its previously disclosed $300 million share repurchase program, has signed agreements to repurchase Class A common stock from Prudential plc (Prudential; NYSE: PUK) and Athene Co-Invest Reinsurance Affiliate 1A Ltd. (Athene) for a total purchase price of approximately US $125 million. Jackson is repurchasing a total of 2,242,516 shares of its Class A common stock from Prudential, consistent with Prudenti

Jackson Announces $125 Million Share Repurchase

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced it has closed a $1.6 billion senior notes offering. The senior notes offering is spread across three tranches: $600 million aggregate principal amount of 1.125% senior notes due 2023, $500 million aggregate principal amount of 3.125% senior notes due 2031 and $500 million aggregate principal amount of 4.000% senior notes due 2051. Jackson intends to use the net proceeds from the issuance of the senio

Jackson Announces Closing of $1.6 Billion Senior Notes Offering

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) today announced financial results for the three months ended September 30, 2021. Key Highlights Net income of $206 million, or $2.18 per diluted share, included the impact of non-economic hedging losses under U.S. GAAP accounting Adjusted operating earnings1 of $487 million, or $5.16 per diluted share, down from the third quarter of 2020 due primarily to increased amortization of deferred acquisition costs (DAC) in the current

Jackson Announces Third Quarter 2021 Results

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that its Board of Directors has approved the commencement of a regular quarterly cash dividend and declared a cash dividend of $0.50 per Class A and Class B common share for the fourth quarter 2021. The Board also authorized a $300 million share repurchase program for Jackson's Class A common stock. The dividend and share repurchase program are the first for Jackson since becoming an independent, pub

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