Jackson Financial Inc Stock Price, News & Analysis

The RILA enhancements provide investors with expanded investment choices across five major indices and various protection options, including the new full principal protection feature. The products offer intra-term performance lock capabilities and built-in death benefits at no additional charge, with no annual contract fees.

Jackson Financial (NYSE: JXN) reported its Q1 2025 financial results with mixed performance. The company achieved retail annuity sales of $4.0 billion, up 9% year-over-year, with growth across all product categories. Variable annuity sales increased 9% to $2.7 billion, RILA sales grew 3% to $1.2 billion, and fixed annuity sales jumped 74% to $174 million.

However, JXN reported a net loss of $35 million ($-0.48 per share) compared to a profit of $784 million ($9.94 per share) in Q1 2024, primarily due to a $161 million loss from reinsured business. Despite this, adjusted operating earnings increased to $376 million ($5.10 per share) from $334 million ($4.23 per share) year-over-year.

The company maintained a strong capital position with total adjusted capital of $5.2 billion and an estimated RBC ratio of 585%. JXN returned $231 million to shareholders through $172 million in share repurchases and $59 million in dividends, while maintaining over $600 million in cash and liquid securities.

Jackson Financial (NYSE: JXN) has announced dividend declarations for both its common and preferred stock for Q2 2025. The company will pay a $0.80 per share dividend on its common stock, payable on June 26, 2025, to shareholders of record as of June 12, 2025. Additionally, Jackson declared a $0.50 per depositary share dividend for its Series A Fixed-Rate Reset Noncumulative Perpetual Preferred Stock, which will be paid on June 30, 2025, to shareholders of record as of June 12, 2025.

Jackson Financial Inc. (NYSE: JXN) has announced key leadership changes effective April 14, 2025. Chris Raub has been appointed as President of Jackson National Life Insurance Company, where he will oversee distribution, product development, operations, IT, and sub-advisor/fund accounting functions.

Steve Binioris will succeed Raub as Executive Vice President and Chief Risk Officer, managing enterprise risk, including financial and operational risks. Pam Bottles has been named interim Chief Actuary as the company searches for Binioris' replacement.

Raub brings over 25 years of experience at Jackson, previously serving as Executive Vice President and Chief Risk Officer. Binioris, with the company since 2001, most recently served as Senior Vice President and Chief Actuary. Both executives will report to CEO Laura Prieskorn.

Jackson Financial (NYSE: JXN) has scheduled the release of its first quarter 2025 financial results for Wednesday, May 7, 2025, after market close. The company will host a conference call and webcast to discuss the results on Thursday, May 8, 2025, at 9 a.m. ET.

The financial results and supplemental materials will be accessible at investors.jackson.com. The live webcast will be open to the public, with a replay available after the call.

Jackson National Life Insurance, subsidiary of Jackson Financial (NYSE: JXN), has received the 'Highest Customer Service – Financial Industry' award in 2024 from Service Quality Measurement Group (SQM) for the 13th consecutive year. The company achieved the highest first-call resolution rating in the market.

Jackson also earned the 'Highest Customer Service – Business to Business (B2B) Industry' award and was named a finalist for Call Center of the Year. The company received Call Center World Class First Call Resolution Certification for maintaining an 80% or higher rate of resolving customer issues on first contact.

SQM's recognition is based on call center customer feedback, measuring satisfaction with service representatives and call resolution. The organization benchmarks over 500 North American contact centers annually, with the 2024 awards based on studies conducted throughout the year.

Jackson Financial (NYSE: JXN) reported strong financial results for Q4 and full year 2024. Q4 retail annuity sales reached $4.7B, up 42% YoY, with variable annuity sales at $2.8B (+27%) and RILA sales at $1.5B (+47%). The company posted Q4 net income of $334M ($4.45 per share) compared to a loss of $1.6B in Q4 2023.

Full-year 2024 highlights include total retail annuity sales of $17.8B (+39% YoY), net income of $902M ($11.74 per share), and adjusted operating earnings of $1.4B ($18.79 per share). The company maintained strong capital position with total adjusted capital of $5.1B and an estimated RBC ratio of 572%. JXN returned $631M to shareholders in 2024 through $415M in share repurchases and $216M in dividends.

For 2025, JXN increased Q1 dividend by 14% to $0.80 per share and set a capital return target of $700-800M for shareholders.

Jackson Financial (NYSE: JXN) has announced a 14% increase in its quarterly common stock dividend to $0.80 per share for the first quarter of 2025, marking its fourth consecutive dividend increase since becoming an independent company. The dividend will be paid on March 20, 2025, to shareholders of record as of March 11, 2025.

Additionally, the company declared a cash dividend of $0.50 per depositary share for its Fixed-Rate Reset Noncumulative Perpetual Preferred Stock, Series A (NYSE: JXN PR A), payable on March 31, 2025, to shareholders of record as of March 11, 2025.

Jackson National Life Distributors (JNLD) and its Corporate Communications team have received multiple prestigious awards in 2024 for their marketing and communications excellence. The company's efforts to simplify retirement planning were recognized across various platforms and competitions.

Key achievements include awards from The Stevies: American Business Awards for their Suitability Support Kit and Jellybeans interactive digital experience. The Suitability Support Kit also earned recognition from the Insurance Marketing and Communications Association. Additional honors came from the Financial Communications Society Portfolio Awards for their Choose Jackson Capabilities brochure and the Ragan PR Daily Awards for their Security in Retirement Series.

Notable materials recognized include the Suitability Support Kit for streamlining client transactions, the Jellybeans digital tool for explaining tax rates, the Choose Jackson capabilities brochure for financial professional outreach, and the Security in Retirement Series research project with Boston College's Center for Retirement Research.