Jackson Financial Inc (NYSE: JXN) is -1.94% lower on its value in year-to-date trading and has touched a low of $48.00 and a high of $115.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JXN stock was last observed hovering at around $93.58 in the last trading session, with the day’s loss setting it -8.19%.
Currently trading at $85.39, the stock is -8.55% and -6.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -8.75% at the moment leaves the stock -2.56% off its SMA200. JXN registered 65.16% gain for a year compared to 6-month gain of -3.68%.
The stock witnessed a -10.76% loss in the last 1 month and extending the period to 3 months gives it a -15.14%, and is -6.84% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.72% over the week and 3.44% over the month.
Jackson Financial Inc (JXN) has around 3840 employees, a market worth around $6.31B and $3.27B in sales. Current P/E ratio is 7.46 and Fwd P/E is 3.75. Profit margin for the company is 27.58%. Distance from 52-week low is 77.90% and -25.89% from its 52-week high. The company has generated returns on investments over the last 12 months (6.38%).
The EPS is expected to grow by 11.45% this year, but quarterly earnings will post 3.17% year-over-year.
The shares outstanding are 73.38M, and float is at 72.28M with Short Float at 4.24%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.0 million shares valued at $742.5 million. The investor’s holdings represent 12.8089 of the JXN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.41 million shares valued at $549.98 million to account for 9.4878 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.47 million shares representing 5.7281 and valued at over $332.03 million, while FIRST TRUST ADVISORS LP holds 4.8847 of the shares totaling 3.81 million with a market value of $283.15 million.
Jackson Financial Inc (JXN) Insider Activity
The most recent transaction is an insider purchase by Durant Gregory T, the company’s Director. SEC filings show that Durant Gregory T bought 1,500 shares of the company’s common stock on Dec 11 ’24 at a price of $90.28 per share for a total of $0.14 million. Following the purchase, the insider now owns 32023.0 shares.
Jackson Financial Inc disclosed in a document filed with the SEC on Nov 12 ’24 that Ganguly Devkumar Dilip (EVP & Chief Operating Officer) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Nov 12 ’24 and was made at $111.06 per share for $1.11 million. Following the transaction, the insider now directly holds 83761.0 shares of the JXN stock.
Still, SEC filings show that on Sep 19 ’24, Chelko Carrie (EVP and General Counsel) disposed off 5,500 shares at an average price of $91.31 for $0.5 million. The insider now directly holds 61,829 shares of Jackson Financial Inc (JXN).
