Jackson Financial (JXN) to Release Earnings on Wednesday

Jackson Financial (NYSE:JXN) is projected to issue its quarterly 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. Individual interested in participating in the company’s earnings conference call can do so using this link.

Jackson Financial Trading Down 0.9 %

NYSE JXN opened at $92.14 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.30 and a quick ratio of 0.30. Jackson Financial has a 12 month low of $48.00 and a 12 month high of $115.22. The company’s fifty day moving average price is $91.42 and its two-hundred day moving average price is $92.22. The company has a market capitalization of $6.81 billion, a price-to-earnings ratio of -7.29 and a beta of 1.47.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, Director Gregory T. Durant bought 1,500 shares of Jackson Financial stock in a transaction on Wednesday, December 11th. The stock was purchased at an average cost of $90.28 per share, with a total value of $135,420.00. Following the purchase, the director now directly owns 32,023 shares of the company’s stock, valued at approximately $2,891,036.44. This trade represents a 4.91 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.30% of the stock is owned by company insiders.

Jackson Financial Company Profile

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.