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Jackson Financial Inc. - JXN STOCK NEWS

Welcome to our dedicated page for Jackson Financial news (Ticker: JXN), a resource for investors and traders seeking the latest updates and insights on Jackson Financial stock.

Jackson Financial Inc. (JXN) is a prominent financial services company renowned for its comprehensive retirement solutions. Operating under the marketing name Jackson, the company encompasses Jackson National Life Insurance Company® (headquartered in Lansing, Michigan) and Jackson National Life Insurance Company of New York® (headquartered in Purchase, New York). Jackson National Life Distributors LLC, an affiliate, is a leading provider in the annuities market, offering variable, fixed, and fixed index annuities, along with institutional products.

Jackson Financial Inc. aims to help Americans grow and protect their retirement savings and income, enabling them to pursue financial freedom. The company's core business is structured into three primary segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other. Through its subsidiaries and affiliates, Jackson also delivers asset management and retail brokerage services.

Jackson markets its diverse suite of products across 49 states and the District of Columbia via independent and regional broker-dealers, wirehouses, financial institutions, and independent insurance agents. In New York, Jackson National Life Insurance Company of New York manages product distribution.

Recent achievements highlight Jackson's commitment to innovation and customer satisfaction. The company's variable annuities are designed to help retail investors save for and live in retirement, providing flexible options tailored to different financial goals. Current projects include expanding its product offerings and strengthening its digital capabilities to enhance customer experience.

Financially, Jackson Financial Inc. is robust, driven by its diversified business model and strategic partnerships. The company's solid performance is reflected in its stock market presence, symbolized by JXN. For the latest updates and news, visit www.jackson.com.

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Jackson National Life Insurance Company (NYSE: JXN) receives the 'Highest Customer Service - Financial Industry' award for exceptional first-call resolution rate in 2023 from Service Quality Measurement Group, Inc. The company also earns Call Center World Class First Call Resolution Certification for an 80% or higher issue resolution rate on the first call.
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Jackson Financial Inc. (NYSE: JXN) announces the retirement of CFO Marcia Wadsten after 32 years of service. Don Cummings to succeed as CFO on June 3, 2024. Cummings brings 40 years of financial services experience.
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Jackson Financial Inc. (NYSE: JXN) reported financial results for Q4 and full year 2023. Net income (loss) attributable to common shareholders was $(1.6) billion for Q4, adjusted operating earnings were $204 million. Full year 2023 net income was $899 million, adjusted operating earnings were $1.1 billion. RILA sales increased, total annuity account value grew. The company established Brooke Life Reinsurance Company, increased dividends, and set a 2024 capital return target.
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Jackson Financial Inc. (NYSE: JXN) declares a cash dividend of $0.70 per common stock share, a 13% increase from the previous year. Additionally, a $0.50 dividend per depositary share (NYSE: JXN PR A) is declared. Both dividends are payable in March and April 2024, respectively.
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Jackson National Life Distributors LLC received multiple awards in 2023 for their marketing and creative services, including the development and execution of Jackson's inaugural Environmental, Social and Governance (ESG) Report, bank referral campaign, and product kit materials. The awards were from FCS Portfolio Awards, The Stevies: American Business Awards, and APEX Awards. The awards highlight Jackson's commitment to effective communication and delivering value to shareholders, financial professionals, and retirement savers. The recognized materials include the ESG Report, product kit system, and bank referral program, all designed to make retirement planning clearer and provide relevant information to financial professionals and their clients.
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Jackson Financial Inc. (NYSE: JXN) will announce financial results for the fourth quarter and full year ended December 31, 2023, after market close on February 21, 2024. The company will host a conference call and webcast on February 22, 2024, at 10 a.m. ET to review the results and discuss the company’s 2024 outlook.
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PPM America, Inc. (PPM) has been named one of the Best Places to Work in Money Management by Pensions & Investments for the fourth time. The company was selected in the 100 to 499 employee category and was one of 123 companies recognized in the industry overall. PPM's President, CEO, and CIO, Craig Smith, expressed pride in the company's culture and commitment to employee well-being, while Pensions & Investments President and Publisher Nikki Pirrello emphasized the importance of a strong workplace culture in driving the best outcomes in the industry.
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Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), has launched a proprietary tax deferral calculator in partnership with FinMason, Inc. The tool aims to help financial professionals illustrate the value of tax-deferred growth across key financial planning lifecycle stages, including accumulation, distribution, and legacy.
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Jackson National Life Insurance Company (NYSE: JXN) has announced a total of $770,000 in grants to nonprofits in Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. This brings the company's total 2023 grant contributions to nearly $1.5 million, supporting initiatives to improve economic opportunities through education, training, housing, and community collaboration. Jackson has a biannual grant program and has contributed over $80 million in grants and matching gifts to nonprofits since 2007.
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Jackson National Life Insurance Company (NYSE: JXN) announces Scott Golde as a ThinkAdvisor Executive Leadership 2023 Luminary, recognized for his leadership and efforts to effect change in the insured retirement industry. Golde is committed to championing retirement security and driving positive change in the industry through balanced regulations and collaboration with distribution partners and legislators.
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FAQ

What is the current stock price of Jackson Financial (JXN)?

The current stock price of Jackson Financial (JXN) is $88.28 as of December 20, 2024.

What is the market cap of Jackson Financial (JXN)?

The market cap of Jackson Financial (JXN) is approximately 6.4B.

What does Jackson Financial Inc. do?

Jackson Financial Inc. provides retirement solutions like variable, fixed, and fixed index annuities, asset management, and retail brokerage services.

Where is Jackson Financial Inc. headquartered?

Jackson Financial Inc. operates under Jackson National Life Insurance Company in Lansing, Michigan, and Jackson National Life Insurance Company of New York in Purchase, New York.

What are the main business segments of Jackson Financial Inc.?

The main business segments are Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other.

How does Jackson Financial Inc. distribute its products?

Jackson markets its products through independent and regional broker-dealers, wirehouses, financial institutions, and independent insurance agents across 49 states and the District of Columbia.

What makes Jackson Financial Inc. stand out in the market?

Jackson stands out due to its comprehensive retirement solutions, innovative annuity products, strong financial performance, and strategic partnerships.

What types of annuities does Jackson Financial Inc. offer?

Jackson offers variable, fixed, and fixed index annuities designed to help investors save for and live in retirement.

Is Jackson Financial Inc. involved in asset management?

Yes, through its subsidiaries and affiliates, Jackson provides asset management and retail brokerage services.

Where can I find more information about Jackson Financial Inc.?

You can visit their official website at www.jackson.com for more details and the latest updates.

What is the stock symbol for Jackson Financial Inc.?

The stock symbol for Jackson Financial Inc. is JXN.

What recent achievements have Jackson Financial Inc. made?

Recent achievements include innovation in annuity products, expansion of product offerings, and enhancements in digital capabilities.

Jackson Financial Inc.

NYSE:JXN

JXN Rankings

JXN Stock Data

6.38B
72.85M
1.26%
94.69%
4.93%
Insurance - Life
Life Insurance
Link
United States of America
LANSING