JXN Stock Analysis: Jackson Financial | NYSE

Insurance - Life | NYSE, USA | Market Cap: 9.303m USD | 12M Return: 53.9% | US46817M1071 | Charts, Fundamentals & Technical Analysis

Variable Annuities, Indexed Annuities, Life Insurance, Investment Management
Total Rating 47
Safety 22
Buy Signal 0.37
Diversified Financial Services
Sub-Industry Rotation: -4.0
Market Cap: 9.30B
Avg Turnover: 103M
Risk 3d forecast
Volatility34.6%
VaR 5th Pctl6.13%
VaR vs Median7.47%
Reward TTM
Sharpe Ratio1.40
Rel. Str. IBD87.4
Rel. Str. Peer Group70.8 pctl
Character TTM
Beta1.109
Beta Downside1.211
Hurst Exponent0.410
Choppyness52.6%
Drawdowns 3y
Max DD37.09%
CAGR/Max DD1.37
CAGR/Mean DD5.29
EPS (Earnings per Share) EPS (Earnings per Share) of JXN over the last years for every Quarter: "2021-09": 5.16, "2021-12": 7.48, "2022-03": 3.94, "2022-06": 2.52, "2022-09": 4.24, "2022-12": 5.66, "2023-03": 3.15, "2023-06": 3.34, "2023-09": 3.8, "2023-12": 2.53, "2024-03": 4.23, "2024-06": 5.32, "2024-09": 4.6, "2024-12": 4.45, "2025-03": -0.48, "2025-06": 4.87, "2025-09": 6.16, "2025-12": 6.61, "2026-03": 5.15, "2026-06": 7.3, "2026-09": 7.55,
EPS CAGR: 24.01%
EPS Trend: 77.7%
Last SUE: 0.16
Qual. Beats: 0
Revenue Revenue of JXN over the last years for every Quarter: 2021-09: 1565, 2021-12: 1687.3, 2022-03: 2209, 2022-06: 6703, 2022-09: 2974, 2022-12: -535, 2023-03: -754, 2023-06: 431, 2023-09: 2593, 2023-12: 905, 2024-03: -359, 2024-06: 1200, 2024-09: 2093, 2024-12: 158, 2025-03: 3723, 2025-06: -483, 2025-09: 1349, 2025-12: 2094, 2026-03: 2902, 2026-06: 168, 2026-09: 1542,
Rev. CAGR: 31.41%
Rev. Trend: 80.0%
Last SUE: -0.28
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 5.2 years of data, until 10/2026

Jan +6.9% 0
Feb +2.1% 0
Mar -2.5% 0
Apr -4.7% 14
May -12.9% 0
Jun -2.0% 0
Jul +5.4% 14
Aug +10.8% 14
Sep -4.6% 0
Oct +1.3% 5
Nov +1.3% 0
Dec -0.3% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.

Description: JXN Jackson Financial

Jackson Financial Inc. (NYSE: JXN) is a Lansing, Michigan-based provider of retirement income, savings, and life insurance products, primarily serving U.S. retail investors. The company operates through three segments: Retail Annuities (variable, fixed index, fixed, payout, and registered index-linked annuities), Institutional Products (guaranteed investment contracts, funding agreements, FHLB-backed agreements, and medium-term funding agreement-backed notes), and Closed Life and Annuity Blocks (life insurance and legacy annuity policies). It also offers investment management services and distributes through independent broker-dealers, wirehouses, banks, RIAs, third-party platforms, and insurance agents.

The company was incorporated in 2006 and spun off from Prudential Financial, completing its IPO in September 2021. Within the life insurance and annuities industry, Jackson is among the larger U.S. annuity writers, with fixed index and registered index-linked annuities representing a meaningful share of recent industry growth as investors seek principal-protected retirement income options.

Headlines to Watch Out For
  • Long-term Treasury yields expand annuity spread margins
  • Equity market volatility raises variable annuity hedging costs
  • Share buyback program accelerates capital return to shareholders
Piotroski VR-10 (Strict) 4.0
Net Income: 897.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.05 > 1.0
NWC/Revenue: -2.37k% < 20% (prev 1.16k%; Δ -3.53k% < -1%)
CFO/TA 0.02 > 3% & CFO 5.93b > Net Income 897.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.37 > 1.5 & < 3
Outstanding Shares: last quarter (68.5m) vs 12m ago -2.58% < -2%
Gross Margin: 89.47% > 18% (prev 40.93%; Δ 48.54% > 0.5%)
Asset Turnover: 1.88% > 50% (prev 1.34%; Δ 0.54% > 0%)
Interest Coverage Ratio: -1.11 > 6 (EBIT TTM -127.0m / Interest Expense TTM 114.0m)
Altman Z'' -2.81
A: -0.44 (Total Current Assets 92.3b - Total Current Liabilities 251b) / Total Assets 358b
B: 0.02 (Retained Earnings 8.34b / Total Assets 358b)
C: -0.00 (EBIT TTM -127.0m / Avg Total Assets 356b)
D: 0.02 (Book Value of Equity 8.48b / Total Liabilities 349b)
Altman-Z'' = -2.81 = D
Beneish M -3.57
DSRI: 0.63 (Receivables 18.4b/20.8b, Revenue 6.71b/4.75b)
GMI: 0.46 (GM 40.93% / 89.47%)
AQI: 0.93 (AQ_t 0.74 / AQ_t-1 0.80)
SGI: 1.41 (Revenue 6.71b / 4.75b)
TATA: -0.01 (NI 897.0m - CFO 5.93b) / TA 358b)
Beneish M = -3.57 (Cap -4..+1) = AAA
What is the price of JXN shares?

As of November 13, 2026, the stock is trading at USD 139.44 with a total of 425,096 shares traded. Over the past week, the price has changed by +1.52%, over one month by +6.22%, over three months by +8.66% and over the past year by +53.86%.

Current recommended Stop Loss: 131.20 (which is 5.9% or 1.6 ATR below the current price).

Is JXN a buy, sell or hold?

Jackson Financial has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold JXN.

  • StrongBuy: 1
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the JXN price?
Analysts Target Price 148.3 6.3%
Jackson Financial (JXN) - Fundamental Data Overview as of 06 November 2026
Market Cap USD = 9.30b (9.30b USD * 1.0 USD.USD)
P/E Trailing = 11.2767
P/S = 1.3953
P/B = 1.0103
Revenue TTM = 6.71b USD
EBIT TTM = -127.0m USD
EBITDA TTM = -127.0m USD
Long Term Debt = 2.03b USD (from longTermDebt, last fiscal year)
Short Term Debt = 649.0m USD (from shortTermDebt, two quarters ago)
Debt = 2.77b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -59.4b USD (calculated: Debt 2.77b - CCE 62.2b)
Enterprise Value = 9.30b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = -1.11 (Ebit TTM -127.0m / Interest Expense TTM 114.0m)
EV/FCF = 1.57x (Enterprise Value 9.30b / FCF TTM 5.93b)
FCF Yield = 63.77% (FCF TTM 5.93b / Enterprise Value 9.30b)
FCF Margin = 88.46% (FCF TTM 5.93b / Revenue TTM 6.71b)
Net Margin = 13.38% (Net Income TTM 897.0m / Revenue TTM 6.71b)
Gross Margin = 89.47% ((Revenue TTM 6.71b - Cost of Revenue TTM 706.0m) / Revenue TTM)
Gross Margin QoQ = 62.39% (prev -43.45%)
Tobins Q-Ratio = 0.03 (Enterprise Value 9.30b / Total Assets 358b)
Interest Expense / Debt = 4.12% (Interest Expense 114.0m / Debt 2.77b)
Taxrate = 13.0% (130.0m / 1.00b)
NOPAT = -110.5m (EBIT -127.0m * (1 - 13.00%)) [loss with tax shield]
Current Ratio = 0.37 (Total Current Assets 92.3b / Total Current Liabilities 251b)
Debt / Equity = 0.33 (Debt 2.77b / totalStockholderEquity, last quarter 8.48b)
 Debt / EBITDA = 467.9 (negative EBITDA) (Net Debt -59.4b / EBITDA -127.0m)
 Debt / FCF = -10.02 (Net Debt -59.4b / FCF TTM 5.93b)
Total Stockholder Equity = 9.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.25% (Net Income 897.0m / Total Assets 358b)
RoE = 9.47% (Net Income TTM 897.0m / Total Stockholder Equity 9.47b)
RoCE = -1.10% (EBIT -127.0m / Capital Employed (Equity 9.47b + L.T.Debt 2.03b))
 RoIC = -0.10% (negative operating profit) (NOPAT -110.5m / Invested Capital 107b)
 WACC = 8.04% (E(9.30b)/V(12.1b) * Re(9.37%) + D(2.77b)/V(12.1b) * Rd(4.12%) * (1-Tc(0.13)))
Discount Rate = 9.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.20 | Cagr: -5.13%
[DCF] Terminal Value 76.05% ; FCFF base≈5.82b ; Y1≈6.08b ; Y5≈6.96b
[DCF] Fair Price = 2.46k (EV 107b - Net Debt -59.4b = Equity 167b / Shares 67.7m; r=8.35% [WACC [floored]]; 5y FCF grow 4.77% → 2.50% )
EPS Correlation: 77.65 | EPS CAGR: 24.01% | SUE: 0.16 | # QB: 0
Revenue Correlation: 80.01 | Revenue CAGR: 31.41% | SUE: -0.28 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=27.41 | Chg30d=+1.98% | Revisions=+25% | GrowthEPS=+20.9% | GrowthRev=+19.9%
EPS next Year (2027-12-31): EPS=31.75 | Chg30d=+3.06% | Revisions=+25% | GrowthEPS=+15.9% | GrowthRev=+6.8%
[Analyst] Revisions Ratio: +40% (up=2, down=0)