Jackson Financial (JXN) Expected to Announce Earnings on Wednesday

Jackson Financial (NYSE:JXN) is anticipated to release its earnings data after the market closes on Wednesday, February 19th. Analysts expect Jackson Financial to post earnings of $4.72 per share and revenue of $1.81 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Jackson Financial Stock Performance

Shares of Jackson Financial stock opened at $96.58 on Tuesday. The firm has a fifty day moving average of $91.04 and a two-hundred day moving average of $92.46. The stock has a market capitalization of $7.13 billion, a price-to-earnings ratio of -7.64 and a beta of 1.47. Jackson Financial has a 52 week low of $48.00 and a 52 week high of $115.22. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.30 and a current ratio of 0.30.

Analyst Ratings Changes

Several brokerages have commented on JXN. Barclays dropped their target price on shares of Jackson Financial from $117.00 to $116.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Evercore ISI cut shares of Jackson Financial from an “in-line” rating to an “underperform” rating and upped their price objective for the company from $74.00 to $95.00 in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $92.40.

Insider Activity at Jackson Financial

In other news, Director Gregory T. Durant bought 1,500 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were purchased at an average price of $90.28 per share, for a total transaction of $135,420.00. Following the purchase, the director now owns 32,023 shares of the company’s stock, valued at approximately $2,891,036.44. The trade was a 4.91 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.30% of the stock is owned by corporate insiders.

About Jackson Financial

Jackson Financial Inc, through its subsidiaries, provides suite of annuities to retail investors in the United States. The company 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 payout annuities, as well as registered index-linked annuities and lifetime income solutions.