Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

shapecharge Early each year, I like to check in on how annuity sales trended for the previous year. Survey says: Another record. According to LIMRA, 2023 marked the second consecutive year of record sales for annuities. The increase was +23% compared to 2022 as retirement numbers continue to show more older workers exiting the labor force. These are tailwinds for Jackson Financial (NYSE:JXN). I reiterate my buy rating on the stock after starting coverage a year ago. Shares fell big in March 2023, but I had ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40274 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Jackson_cover_logo.jpg Jackson Financial Inc. (Exact name of registrant as specified in its charter) Delaware 98-0486152 (Sta ...

For the quarter ended December 2023, Jackson Financial (JXN) reported revenue of $892 million, down 334.1% over the same period last year. EPS came in at $2.53, compared to $5.66 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.64 billion, representing a surprise of -45.58%. The company delivered an EPS surprise of -28.33%, with the consensus EPS estimate being $3.53.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Jackson Financial (JXN) came out with quarterly earnings of $2.53 per share, missing the Zacks Consensus Estimate of $3.53 per share. This compares to earnings of $5.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.33%. A quarter ago, it was expected that this financial services company would post earnings of $3.57 per share when it actually produced earnings of $3.80, delivering a surprise of 6.44%.Over the last four qu ...

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) announced today that after more than 32 years of dedicated and outstanding service, Executive Vice President and Chief Financial Officer Marcia Wadsten intends to retire from Jackson on June 3, 2024. It is expected that Don Cummings, the Company’s current Senior Vice President, Chief Accounting Officer and Controller will be appointed Chief Financial Officer as of June 3, 2024. He will succeed Wadsten, who is also expected to co ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Jackson Financial (JXN) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 21, 2024, might help the stock move higher if these key numbers are better ...

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, 2023, after market close Wednesday, February 21, 2024. Jackson’s press release and supplemental financial materials will be available at investors.jackson.com. Jackson will host a conference call and webcast Thursday, February 22, 2024, at 10 a.m. ET to review the results and discuss the company’s 2024 outlook. The live webcast is open to th ...

Capital Management and Shareholder Returns - JFI has repurchased 184 million shares, representing 19% of outstanding common shares since separation[4] - JFI increased share repurchase authorization by $450 million and increased per share dividend by nearly 13% to $062 for 1Q23[4] - JFI is on track to achieve its 2023 capital return target of $450-$550 million, with $347 million returned YTD[69] - $368 million remains on share repurchase authorization as of 3Q23[12,69] - In 3Q23, $123 million of capital was returned to common shareholders through $71 million of share repurchases and $52 million in dividends[7] Financial Performance - Adjusted Operating Earnings for 3Q23 were $315 million, compared to $376 million for 3Q22[7,27] - Adjusted Operating Earnings per common share (diluted) for 3Q23 was $380[24,27] - Total Common Shareholders' Equity was $89 billion, up from $81 billion and $86 billion at 2Q23 and YE22, respectively[27] - RILA sales of $807 million in 3Q23, up 44% and 49% from 3Q22 and 2Q23, respectively[14,48] Investment Portfolio - Holding company assets (excluding equity in subsidiaries) totaled nearly $14 billion, including cash and highly liquid securities of more than $900 million at 3Q23[13,42] - Exposure to below investment grade securities is only 6% of total invested assets[60]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40274 Jackson Financial Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...