Jackson Financial Inc.
In the published model solve dated 2026-Q2, anchored at $121.16, Jackson Financial Inc. (JXN) is priced for -1.4% earnings growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Jackson Financial sells retail annuities, primarily variable annuities and a fast-growing book of index-linked products, and the single number that defines the stock is how much capital it hands back: a $900 million to $1.1 billion full-year return target against a market value not much larger [Source: Q1 2026 earnings guidance]. • The defining risk is that GAAP earnings swing wildly with equity markets and hedging, producing a $435 million net loss in the first quarter even as adjusted operat
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494 institutional managers reported holding JXN in 13F filings for the quarter ended 2026-03-31. Together they hold about 89% of the company; the top 10 hold 52%. 53 opened new positions that quarter. Held by Vanguard Group, BlackRock, Dimensional Fund Advisors, among others. On the short side, 3.4M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (5.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
JXN has cut its share count 26.2% over the past five years, spending $2.18B on repurchases. It pays a dividend, and has paid one every year in our records (5 and counting), raised 4 years straight; the current rate is $0.50 a share annually. Cash returned over the past three years: $598.00M in dividends and $1.48B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at JXN over the trailing three years: 2024: 5 buys totaling $594k. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
JXN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | +1.8% | +17.4% |
| 2023-11-09 | +9.9% | +14.2% |
| 2024-02-29 | +1.5% | +26.1% |
| 2024-05-09 | +7.9% | -1.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
JXN's latest 8-K filings: 2026-07-22 (items 5.02, 7.01, 9.01); 2026-07-01 (items 1.01, 2.03, 9.01); 2026-06-25 (items 5.02, 9.01); 2026-06-15 (items 2.03, 9.01); 2026-05-26 (items 5.07, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.