Market Recap: Jackson Financial Inc (JXN)’s Negative Momentum, Closing at 98.05

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The closing price of Jackson Financial Inc (NYSE: JXN) was $98.05 for the day, down -1.00% from the previous closing price of $99.04. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 0.67 million shares were traded. JXN stock price reached its highest trading level at $99.01 during the session, while it also had its lowest trading level at $96.19.

Ratios:

Our analysis of JXN’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on September 05, 2024, initiated with a Overweight rating and assigned the stock a target price of $109.

Keefe Bruyette Upgraded its Mkt Perform to Outperform on February 28, 2024, whereas the target price for the stock was revised from $49 to $68.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 19 ’24 when Chelko Carrie sold 5,500 shares for $91.31 per share. The transaction valued at 502,205 led to the insider holds 61,829 shares of the business.

Romine Scott sold 10,000 shares of JXN for $825,200 on Aug 13 ’24. The President and CEO, JNLD now owns 62,592 shares after completing the transaction at $82.52 per share. On Aug 13 ’24, another insider, Noles Russell G, who serves as the Director of the company, bought 700 shares for $84.28 each. As a result, the insider paid 58,996 and bolstered with 30,666 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 7377380352 and an Enterprise Value of 12849381376. As of this moment, Jackson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.60, and their Forward P/E ratio for the next fiscal year is 4.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 2.876.

Stock Price History:

Over the past 52 weeks, JXN has reached a high of $99.96, while it has fallen to a 52-week low of $36.06. The 50-Day Moving Average of the stock is 13.47%, while the 200-Day Moving Average is calculated to be 38.88%.

Shares Statistics:

JXN traded an average of 719.16K shares per day over the past three months and 503650 shares per day over the past ten days. A total of 78.66M shares are outstanding, with a floating share count of 73.76M. Insiders hold about 1.97% of the company’s shares, while institutions hold 91.79% stake in the company. Shares short for JXN as of 1727654400 were 3340479 with a Short Ratio of 4.64, compared to 1724976000 on 3393707. Therefore, it implies a Short% of Shares Outstanding of 3340479 and a Short% of Float of 5.25.

Dividends & Splits

With its trailing 12-month dividend rate of 2.64, JXN has a forward annual dividend rate of 2.72. Against a Trailing Annual Dividend Yield of 0.026655897

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