Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Jackson Financial: Still A Potential Outperformer, As Volatility Assumptions Moderate [Seeking Alpha]

Jackson Financial Inc. Class A (JXN) 
Company Research Source: Seeking Alpha
to the healthier balance sheet with nearly $1.5B of liquidity (inline QoQ/ +87.5% YoY). The annuity company remains well positioned to achieve its 2023 capital return target of $500M at the midpoint, with $107M of dividends and $117M of shares repurchased in H1'23. The robust demand for Registered Index-Linked Annuity [RILA] products has also well balanced the stagnant sales for variable annuity and fixed annuity products. A Fed pivot by early 2024 may also allow JXN's medium/long-term hedging to play out more predictably while reducing the annuity company's volatility assumptions and risk margin. As a result of the highly competent management team, its prospects are likely to lift once the market demand for treasury yields and money funds moderates. We previously covered Jackson Financial Inc. NYSE: JXN ) in June 2023, discussing the stock's oversold status then, attributed to the March 2023 banking crisis. Its FQ1'23 earnings miss had also been misconstrued, since its hedg Show less Read more
Impact Snapshot
Event Time:
JXN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JXN alerts
Opt-in for
JXN alerts

from News Quantified
Opt-in for
JXN alerts

from News Quantified