# Jackson Financial Inc. (JXN)

> Source: Nexqual · https://nexqual.com/JXN · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Jackson Financial Inc. (JXN), nexqual.com/JXN" · informational, not investment advice.

**Price:** USD 131.56 (+1.18% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 130.03 · day 126.88–131.63 · 52w 89.67–140.9 · market cap $8.91B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $6.47B, net income $103M (1.6% margin) (SEC filings).
- Valuation: P/E 86.5x (avg 97.6x at the last 3 fiscal year-ends), net cash $3.22B.
- 1 of 80 tracked superinvestors hold JXN (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.25 on a 1–5 scale) (4 analysts), mean target USD 147.5 (range 136–163).
- Total return with dividends: 1Y +43.6% vs S&P 500 +18.1%; 5Y +493.6% vs S&P 500 +85.1%.
- Next earnings: 2026-11-03, EPS estimate USD 7.24, revenue estimate $2.06B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.36B | $9.85B | $3.08B | $3.27B | $6.68B | $6.47B |
| Net income | $3.42B | $6.19B | $934M | $946M | $27.0M | $103M |
| EPS (diluted) | $36.17 | $69.75 | $10.76 | $11.74 | -$0.24 | — |
| Net margin | 53.7% | 62.8% | 30.3% | 28.9% | 0.4% | 1.6% |
| Revenue growth | +79.4% | +54.8% | -68.7% | +6.1% | +104.3% | — |
| Cash + short-term investments | $2.62B | $4.30B | $2.69B | $3.77B | $5.70B | — |
| Total debt | $2.65B | $2.95B | $3.01B | $2.03B | $2.03B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 86.5x · P/S 1.4x · EV/Sales 0.9x · P/B 0.9x · Earnings yield 1.16% · Dividend yield (paid, TTM) 2.63% · Buyback yield (TTM) 8.56% · Net cash $3.22B · EV $5.69B
P/E at fiscal year-ends: Dec 2025 281.2x, Dec 2024 7.1x, Dec 2023 4.6x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold JXN. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Bill Miller | Miller Value Partners | 1.94% | $8.2M | Reduced -0.7% |

## Analysts
Consensus Buy (mean 2.25 on a 1–5 scale), 4 analysts; mean target USD 147.5 (low 136, high 163).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | Barclays | Target raised | Overweight | $150 → $151 |
| 2026-10-07 | Barclays | Target raised | Overweight | $149 → $150 |
| 2026-10-07 | Evercore ISI Group | Target raised | In-Line | $135 → $136 |
| 2026-09-18 | Evercore ISI Group | Reiterated | In-Line | $135 |
| 2026-09-18 | Keefe, Bruyette & Woods | Reiterated | Market Perform | $140 |
| 2026-08-05 | Keefe, Bruyette & Woods | Target raised | Market Perform | $130 → $140 |
| 2026-08-05 | Evercore ISI Group | Target raised | In-Line | $128 → $135 |
| 2026-08-04 | Barclays | Target raised | Overweight | $139 → $149 |
| 2026-07-13 | Evercore ISI Group | Target raised | In-Line | $118 → $128 |
| 2026-07-13 | Keefe, Bruyette & Woods | Target raised | Market Perform | $125 → $130 |
| 2026-07-10 | Jefferies | Upgrade | Hold → Buy | $120 → $140 |
| 2026-07-07 | Barclays | Target raised | Overweight | $136 → $139 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | +43.6% | +493.6% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +43.7% | +42.7% |
| Volatility (annualized) | 31.9% | 41.7% |
| Max drawdown | -16.3% (Feb 2026→Mar 2026) | -46.3% (Mar 2022→Jul 2022) |

## Peers (Insurance - Life)
PRI (Primerica, Inc.) USD 281.16 +1.37% · LNC (Lincoln National Corporation) USD 40.01 -1.53% · GL (Globe Life Inc.) USD 167.59 +0.95% · UNM (Unum Group) USD 92.41 +0.39% · CNO (CNO Financial Group, Inc.) USD 54.58 +2.17% · GNW (Genworth Financial Inc) USD 8.94 +0.56%

## More
Full page: https://nexqual.com/JXN · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt