Jackson Financial (JXN) Expected to Announce 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 the company to announce earnings of $4.72 per share and revenue of $1.81 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Jackson Financial Stock Up 4.0 %

NYSE:JXN opened at $96.58 on Tuesday. The firm 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 twelve month low of $48.00 and a twelve month high of $115.22. The stock’s 50 day moving average price is $91.04 and its two-hundred day moving average price is $92.46. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.42.

Analyst Ratings Changes

A number of research firms recently weighed in on JXN. Evercore ISI lowered Jackson Financial from an “in-line” rating to an “underperform” rating and boosted their target price for the stock from $74.00 to $95.00 in a report on Thursday, November 14th. Barclays decreased their target price on Jackson Financial from $117.00 to $116.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Jackson Financial currently has an average rating of “Hold” and a consensus price target of $92.40.

Insider Activity at Jackson Financial

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