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In the latest session, Jackson Financial Inc (NYSE: JXN) closed at $84.32 down -4.88% from its previous closing price of $88.65. In other words, the price has decreased by -$4.88 from its previous closing price. On the day, 0.59 million shares were traded. JXN stock price reached its highest trading level at $88.575 during the session, while it also had its lowest trading level at $84.21.
Ratios:
For a deeper understanding of Jackson Financial Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.16.
On February 28, 2024, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $49 to $68.
Jefferies Downgraded its Buy to Hold on January 02, 2024, while the target price for the stock was maintained at $55.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when Romine Scott sold 10,000 shares for $82.52 per share. The transaction valued at 825,200 led to the insider holds 62,592 shares of the business.
Noles Russell G bought 700 shares of JXN for $58,996 on Aug 13 ’24. The Director now owns 30,666 shares after completing the transaction at $84.28 per share. On Jun 18 ’24, another insider, Romine Scott, who serves as the President and CEO, JNLD of the company, sold 12,000 shares for $71.21 each. As a result, the insider received 854,520 and left with 78,359 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JXN now has a Market Capitalization of 6344321024 and an Enterprise Value of 11316322304. As of this moment, Jackson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.09, and their Forward P/E ratio for the next fiscal year is 4.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 2.533.
Stock Price History:
Over the past 52 weeks, JXN has reached a high of $89.81, while it has fallen to a 52-week low of $32.93. The 50-Day Moving Average of the stock is 7.34%, while the 200-Day Moving Average is calculated to be 34.07%.
Shares Statistics:
For the past three months, JXN has traded an average of 727.80K shares per day and 780830 over the past ten days. A total of 78.66M shares are outstanding, with a floating share count of 73.71M. Insiders hold about 2.04% of the company’s shares, while institutions hold 96.65% stake in the company. Shares short for JXN as of 1722384000 were 3472272 with a Short Ratio of 4.77, compared to 1719532800 on 3291292. Therefore, it implies a Short% of Shares Outstanding of 3472272 and a Short% of Float of 5.42.
Dividends & Splits
According to the company, the forward annual dividend rate for JXN is 2.64, from 2.64 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029780034
