Jackson Financial (JXN)
Market Price (3/30/2026): $101.29 | Market Cap: $6.9 BilSector: Financials | Industry: Life & Health Insurance
Jackson Financial (JXN)
Market Price (3/30/2026): $101.29Market Cap: $6.9 BilSector: FinancialsIndustry: Life & Health Insurance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -696% | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 258x |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 111% | Key risksJXN key risks include significant exposure to [1] market and interest rate volatility that directly impacts claims and crediting rates on its variable and indexed annuity products, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 88%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 88%, CFO LTM is 5.8 Bil, FCF LTM is 5.8 Bil | |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29% | |
| Attractive yieldDividend Yield is 3.2%, FCF Yield is 83% | |
| Low stock price volatilityVol 12M is 37% | |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Aging Population & Chronic Disease. Themes include Wealth Management Technology, and Retirement Income Solutions. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -696% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 111% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 88%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 88%, CFO LTM is 5.8 Bil, FCF LTM is 5.8 Bil |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29% |
| Attractive yieldDividend Yield is 3.2%, FCF Yield is 83% |
| Low stock price volatilityVol 12M is 37% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Aging Population & Chronic Disease. Themes include Wealth Management Technology, and Retirement Income Solutions. |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 258x |
| Key risksJXN key risks include significant exposure to [1] market and interest rate volatility that directly impacts claims and crediting rates on its variable and indexed annuity products, Show more. |
Qualitative Assessment
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1. Strong Fourth Quarter 2025 Earnings Beat. Jackson Financial reported robust adjusted operating earnings of $6.61 per diluted share for Q4 2025, significantly surpassing analyst forecasts of $5.85 by nearly 13%. This strong performance also saw the company's revenue beat estimates, contributing to investor confidence and an initial positive stock price reaction following the announcement on February 18, 2026.
2. Increased Shareholder Returns and Raised Dividend. The company demonstrated a strong commitment to shareholder value by exceeding its 2025 capital return target, delivering $862 million (against a target of $700-$800 million). Management further bolstered investor sentiment by announcing a 12.5% increase in its first-quarter 2026 common stock dividend to $0.90 per share and setting an ambitious 2026 capital return target of $900 million to $1.1 billion, a 16% increase from the prior year.
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Stock Movement Drivers
Fundamental Drivers
The 5.2% change in JXN stock from 11/30/2025 to 3/29/2026 was primarily driven by a 2095.8% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 96.39 | 101.40 | 5.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,747 | 6,511 | 37.2% |
| Net Income Margin (%) | 12.1% | 0.4% | -96.6% |
| P/E Multiple | 11.7 | 257.5 | 2095.8% |
| Shares Outstanding (Mil) | 70 | 69 | 2.2% |
| Cumulative Contribution | 5.2% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| JXN | 5.2% | |
| Market (SPY) | -5.3% | 53.8% |
| Sector (XLF) | -10.0% | 79.2% |
Fundamental Drivers
The 5.2% change in JXN stock from 8/31/2025 to 3/29/2026 was primarily driven by a 18.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 96.37 | 101.40 | 5.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,491 | 6,511 | 18.6% |
| Net Income Margin (%) | 0.6% | 0.4% | -26.5% |
| P/E Multiple | 223.3 | 257.5 | 15.3% |
| Shares Outstanding (Mil) | 72 | 69 | 4.7% |
| Cumulative Contribution | 5.2% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| JXN | 5.2% | |
| Market (SPY) | 0.6% | 47.6% |
| Sector (XLF) | -10.8% | 73.8% |
Fundamental Drivers
The 15.7% change in JXN stock from 2/28/2025 to 3/29/2026 was primarily driven by a 3646.9% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 87.65 | 101.40 | 15.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,092 | 6,511 | 110.6% |
| Net Income Margin (%) | 30.6% | 0.4% | -98.6% |
| P/E Multiple | 6.9 | 257.5 | 3646.9% |
| Shares Outstanding (Mil) | 74 | 69 | 8.2% |
| Cumulative Contribution | 15.7% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| JXN | 15.7% | |
| Market (SPY) | 9.8% | 69.8% |
| Sector (XLF) | -7.1% | 79.1% |
Fundamental Drivers
The 158.9% change in JXN stock from 2/28/2023 to 3/29/2026 was primarily driven by a 62909.4% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 39.17 | 101.40 | 158.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9,921 | 6,511 | -34.4% |
| Net Income Margin (%) | 82.2% | 0.4% | -99.5% |
| P/E Multiple | 0.4 | 257.5 | 62909.4% |
| Shares Outstanding (Mil) | 85 | 69 | 24.1% |
| Cumulative Contribution | 158.9% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| JXN | 158.9% | |
| Market (SPY) | 69.4% | 58.6% |
| Sector (XLF) | 40.5% | 70.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| JXN Return | 35% | -12% | 57% | 76% | 27% | 0% | 321% |
| Peers Return | 48% | 8% | 10% | 27% | 3% | -10% | 107% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| JXN Win Rate | 75% | 42% | 67% | 75% | 50% | 33% | |
| Peers Win Rate | 69% | 50% | 55% | 67% | 58% | 33% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| JXN Max Drawdown | -21% | -41% | -17% | -5% | -18% | -3% | |
| Peers Max Drawdown | -3% | -14% | -22% | -2% | -16% | -14% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PRU, MET, AMP, PFG, CRBG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | JXN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -49.1% | -25.4% |
| % Gain to Breakeven | 96.6% | 34.1% |
| Time to Breakeven | 204 days | 464 days |
Compare to PRU, MET, AMP, PFG, CRBG
In The Past
Jackson Financial's stock fell -49.1% during the 2022 Inflation Shock from a high on 3/25/2022. A -49.1% loss requires a 96.6% gain to breakeven.
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About Jackson Financial (JXN)
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Jackson Financial (JXN):
- Like Prudential Financial (PRU), but primarily focused on annuities for retirement savings and income.
- Think of it as TIAA, but as a publicly traded company offering a broad suite of annuities to the general retail investor market.
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- Retail Annuities: Jackson Financial offers various retirement income and savings products, including variable, fixed index, fixed, immediate payout, and registered index-linked annuities.
- Institutional Funding Products: The company provides traditional guaranteed investment contracts, funding agreements, and medium-term funding agreement-backed notes to institutional clients.
- Life Insurance Products: A range of protection products are offered, such as whole life, universal life, variable universal life, and term life insurance.
- Investment Management Services: Jackson Financial also provides services for managing investment portfolios.
AI Analysis | Feedback
Jackson Financial (JXN) primarily sells its products to individuals. Based on the company description, the major categories of individual customers it serves are:
- Retirement Savers and Income Seekers: Individuals who are planning for or are already in retirement, seeking products such as variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions to manage their retirement savings and generate income.
- Individuals Seeking Life Insurance and Protection: Individuals looking for financial protection for their beneficiaries through various life insurance products, including whole life, universal life, variable universal life, and term life insurance.
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Laura Prieskorn, President and Chief Executive Officer
Laura Prieskorn has served as President and Chief Executive Officer of Jackson Financial Inc. since February 2021. She has over 30 years of experience with Jackson, holding broad-ranging leadership roles across the company's Executive, Investment, and Product Committees. Prior to her current role, she was Jackson's Executive Vice President and Chief Operating Officer, where she led operations, technology, and information security initiatives. She was responsible for developing the company's operating platform.
Don Cummings, Executive Vice President, Chief Financial Officer
Don Cummings is expected to assume the role of Executive Vice President and Chief Financial Officer of Jackson Financial Inc. on June 3, 2024. He joined Jackson in 2020. Before joining Jackson, Mr. Cummings held various finance roles at American International Group (AIG), Inc. and served as interim CFO at Fortitude Reinsurance Company Ltd.
Carrie Chelko, Executive Vice President, General Counsel
Carrie Chelko is the Executive Vice President and General Counsel of Jackson. She is responsible for providing strategic guidance to Jackson's executive leadership team on legal, compliance, governance, and policy matters. She oversees the company's legal, compliance, government relations, corporate responsibility, enterprise marketing, and communications teams. She has extensive regulatory experience and deep knowledge of the law.
Chris Raub, Executive Vice President and President, Jackson National Life Insurance Company
Christopher A. Raub was appointed Executive Vice President, Jackson Financial Inc. and President, Jackson National Life Insurance Company, effective April 14, 2025. He has been with the company for over 25 years. Prior to this role, he served as the company's Executive Vice President and Chief Risk Officer since April 2023. He also served as senior managing director and head of insurance assets at PPM America, Inc., a subsidiary of Jackson, where he was responsible for overseeing Jackson's general account.
Steve Binioris, Executive Vice President and Chief Risk Officer
Savvas (Steve) Panagiotis Binioris was appointed Executive Vice President and Chief Risk Officer of Jackson Financial Inc., effective April 14, 2025, succeeding Chris Raub. He has nearly a quarter-century tenure at Jackson, having previously served as Senior Vice President and Chief Actuary. His background includes positions at Sun Life Financial and London Life.
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The key risks to Jackson Financial Inc. (JXN) primarily stem from its core business of providing annuities and other financial products, which are sensitive to economic and regulatory environments.
- Market and Interest Rate Volatility, and Investment Performance: Jackson Financial's profitability and financial stability are highly susceptible to fluctuations in equity markets and interest rates. The value of its investment portfolio, the effectiveness of its hedging strategies, and the performance of its variable annuity products are directly impacted by market downturns, stock market volatility, and changes in interest rates. Significant increases in interest rates, for instance, could lead to higher surrender and withdrawal requests from policyholders, increasing liquidity demands. Conversely, lower interest rates can affect the returns on its fixed-income investments. Additionally, this volatility can influence net investment income and the overall valuation of its assets and liabilities.
- Regulatory and Compliance Changes: Operating within the highly regulated financial services industry, Jackson Financial is continuously exposed to potential changes in laws, regulations, and governmental policies. New legislation or amendments to existing laws can significantly impact product structures, distribution channels, operational costs, and capital requirements. Maintaining compliance with these evolving regulatory landscapes requires substantial resources and vigilance, and any failure to adapt could result in penalties, reputational damage, or restrictions on business activities.
- Liquidity Risk: Jackson Financial requires substantial liquidity to meet its daily operational cash flow needs, including covering policyholder benefits, derivative margin calls, and operating expenses. Disruptions or volatility in financial markets could impair the company's ability to buy or sell investments and derivative instruments, thereby negatively impacting its liquidity position. An increase in policyholder withdrawals or surrenders, potentially triggered by rising interest rates or adverse market conditions, could further strain its liquidity resources.
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Addressable Markets for Jackson Financial (JXN) Main Products and Services (U.S. Region)
Retail Annuities
Jackson Financial primarily provides annuities to retail investors in the United States. The U.S. annuity market has shown significant growth.
- Total U.S. annuity sales reached approximately $385 billion in 2023. This market is projected to grow to an estimated $461.3 billion in 2025.
- Fixed Annuities: Sales for fixed annuities were $286.2 billion in 2023. Within this category, fixed-rate deferred annuity sales totaled $164.9 billion in 2023 and $160.6 billion in 2025.
- Fixed Indexed Annuities (FIA): Sales for fixed indexed annuities reached $95.9 billion in 2023 and $128.2 billion in 2025.
- Registered Index-Linked Annuities (RILA): Sales for registered index-linked annuities were $47.4 billion in 2023 and are projected to be $79.6 billion in 2025.
- Traditional Variable Annuities: Sales for traditional variable annuities were $51.4 billion in 2023 and $65.2 billion in 2025.
- Income Annuities (Single Premium Immediate Annuities (SPIA) and Deferred Income Annuities (DIA)): Combined sales for income annuities (SPIA and DIA) were approximately $17.3 billion in 2023 (SPIA: $13.2 billion or $13.3 billion; DIA: $4.1 billion or $4.2 billion). The total income annuity sales are projected to reach $15 billion in 2024 and a record-breaking $18 billion in 2025. In 2025, SPIA sales were $14 billion and DIA sales were $4.8 billion.
Closed Life and Annuity Blocks (Life Insurance Products)
Jackson Financial also offers various protection products including whole life, universal life, variable universal life, and term life insurance products.
- The U.S. life insurance market was valued at $765.38 billion in 2023 and is projected to reach $1,476.31 billion by 2032, with a compound annual growth rate (CAGR) of 7.1% from 2024 to 2032.
- Whole Life Insurance: This was the largest segment, holding a 35% market share in 2024 based on revenue, or 36% based on premiums. New premium for whole life insurance was $6.1 billion in 2023.
- Universal Life Insurance: The overall universal life insurance market was valued at $59.7 billion in 2023 and is estimated to reach $132.3 billion by 2033. Indexed universal life (IUL) new premium was $3.7 billion in 2023. Variable universal life (VUL) premium totaled $1.9 billion in 2023, representing 12% of the total U.S. life insurance market.
- Term Life Insurance: New premium for term life insurance reached nearly $3 billion in 2023 and represented 19% of the market in 2024 based on premiums.
Institutional Products
- Funding Agreements: New sales for funding agreement products in the U.S. totaled $58.5 billion in 2019.
- Traditional Guaranteed Investment Contracts (GICs): A specific overall market size for traditional GICs in the U.S. for recent years could not be identified. Historically, GICs have made up a declining share of stable value funds, accounting for 4.98% of assets in the Hueler Pooled Fund Index as of September 30, 2020.
Investment Management Services
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Jackson Financial (JXN) is poised for revenue growth over the next 2-3 years, driven by several strategic initiatives and favorable market conditions:
- Continued Growth in Registered Index-Linked Annuities (RILA) and Fixed Index Annuity (FIA) Sales: Jackson Financial has demonstrated strong momentum in RILA sales, with record quarterly and annual sales reported. The company is actively expanding its product offerings in both RILA and FIA segments, which are key components of its diversified product suite. This expansion and strong sales performance are expected to continue driving revenue growth.
- Strategic Partnership with TPG: A long-term strategic partnership with TPG, which includes a significant equity investment and an asset management mandate, is anticipated to accelerate the growth of Jackson's spread-based business. This collaboration is expected to enhance product competitiveness and significantly support sales of Fixed Annuities (FA) and Fixed Indexed Annuities (FIA) over the medium term.
- Enhanced Capital Efficiency through Captive Reinsurance Strategy: The establishment of Hickory Re, an onshore captive reinsurer, aims to improve capital efficiency and reduce the strain associated with sales of Fixed Annuities and Fixed Indexed Annuities. This strategy is designed to position Jackson well for continued sales momentum in these product lines, thereby contributing to revenue growth.
- Favorable Demographic Trends and Demand for Retirement Products: Jackson is well-positioned to capitalize on the demographic trend of an aging U.S. population, which is driving increased demand for retirement income and savings products, including annuities. As more individuals transition into retirement, Jackson's diverse portfolio of annuity products is expected to meet these growing needs, expanding its customer base and market penetration.
- Expansion and Deepening of Distribution Relationships: The success and expansion of RILA and FIA offerings have broadened Jackson's distribution reach. This has led to the development of new broker-dealer partnerships and strengthened relationships with advisors who sell multiple Jackson product lines, further enhancing the company's ability to drive sales and revenue.
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Share Repurchases
- Jackson Financial Inc. has significantly reduced its outstanding shares, with a large share repurchase program completing the retirement of just over 40% of its shares since 2021.
- In 2025, the company repurchased $634 million of common stock.
- As of February 18, 2026, Jackson had $903 million remaining authorization to purchase common shares, following a $1 billion increase to its repurchase authorization in September 2025.
Share Issuance
- In early 2026, Jackson issued 4,715,554 shares of its common stock to TPG Inc., representing a $500 million equity stake as part of a strategic partnership.
- The company's outstanding shares decreased from 73,380,643 at December 31, 2024, to 66,825,632 at December 31, 2025, primarily due to share repurchases, net of issuances for share-based compensation.
Inbound Investments
- In January 2026 (closed February 11, 2026), TPG Inc. acquired a $500 million equity stake in Jackson Financial Inc. as part of a long-term strategic partnership.
- This investment, along with $150 million in excess cash from Jackson, was used for the initial capitalization of Jackson’s new Michigan-based captive reinsurer, Hickory Brooke Reinsurance Company (Hickory Re), aiming to accelerate sales growth of fixed and fixed index annuity products.
Outbound Investments
- No significant outbound strategic investments in other companies by Jackson Financial Inc. were reported within the last 3-5 years. The company historically manages risks through acquisitions of life and annuity reserves, with over $15.0 billion acquired since 2012.
Capital Expenditures
- Traditional capital expenditures are not a primary focus for Jackson Financial Inc. as a financial services company.
- The company allocated $150 million of its excess cash to the initial funding of its new captive reinsurer, Hickory Re, for strategic growth purposes.
Latest Trefis Analyses
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Trade Ideas
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02282026 | NDAQ | Nasdaq | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | JEF | Jefferies Financial | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | ALAB | Astera Labs | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02272026 | PAYO | Payoneer Global | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02272026 | FOUR | Shift4 Payments | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 05312022 | JXN | Jackson Financial | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 7.8% | -17.2% | -33.7% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 90.15 |
| Mkt Cap | 25.8 |
| Rev LTM | 18,268 |
| Op Inc LTM | - |
| FCF LTM | 6,014 |
| FCF 3Y Avg | 5,990 |
| CFO LTM | 6,014 |
| CFO 3Y Avg | 6,077 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 2.0% |
| Rev Chg 3Y Avg | 3.9% |
| Rev Chg Q | 17.1% |
| QoQ Delta Rev Chg LTM | 3.9% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 25.8% |
| CFO/Rev 3Y Avg | 24.8% |
| FCF/Rev LTM | 25.5% |
| FCF/Rev 3Y Avg | 24.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 25.8 |
| P/S | 0.8 |
| P/EBIT | 8.2 |
| P/E | 12.4 |
| P/CFO | 4.6 |
| Total Yield | 9.9% |
| Dividend Yield | 3.5% |
| FCF Yield 3Y Avg | 20.3% |
| D/E | 0.6 |
| Net D/E | -1.9 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -6.8% |
| 3M Rtn | -13.9% |
| 6M Rtn | -10.1% |
| 12M Rtn | -9.5% |
| 3Y Rtn | 42.1% |
| 1M Excs Rtn | -2.8% |
| 3M Excs Rtn | -6.1% |
| 6M Excs Rtn | -5.1% |
| 12M Excs Rtn | -25.2% |
| 3Y Excs Rtn | -16.0% |
Price Behavior
| Market Price | $101.40 | |
| Market Cap ($ Bil) | 7.1 | |
| First Trading Date | 09/01/2021 | |
| Distance from 52W High | -16.3% | |
| 50 Days | 200 Days | |
| DMA Price | $111.09 | $98.84 |
| DMA Trend | up | indeterminate |
| Distance from DMA | -8.7% | 2.6% |
| 3M | 1YR | |
| Volatility | 34.5% | 36.9% |
| Downside Capture | 1.08 | 0.99 |
| Upside Capture | 209.39 | 140.75 |
| Correlation (SPY) | 56.0% | 68.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.94 | 1.91 | 1.67 | 1.30 | 1.39 | 1.56 |
| Up Beta | 0.98 | 2.04 | 2.09 | 1.52 | 1.11 | 1.58 |
| Down Beta | 1.09 | 1.46 | 1.42 | 1.42 | 1.70 | 1.76 |
| Up Capture | 241% | 235% | 220% | 133% | 190% | 385% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 10 | 23 | 35 | 73 | 145 | 430 |
| Down Capture | 252% | 189% | 131% | 112% | 124% | 108% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 11 | 18 | 26 | 51 | 105 | 318 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JXN | |
|---|---|---|---|---|
| JXN | 19.8% | 36.9% | 0.56 | - |
| Sector ETF (XLF) | -4.0% | 19.2% | -0.33 | 78.6% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 68.1% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | -6.7% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 18.9% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 49.5% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 27.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JXN | |
|---|---|---|---|---|
| JXN | 32.2% | 44.4% | 0.83 | - |
| Sector ETF (XLF) | 9.1% | 18.7% | 0.37 | 66.2% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 58.0% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 1.5% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 12.0% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 44.4% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 29.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JXN | |
|---|---|---|---|---|
| JXN | 15.0% | 44.4% | 0.83 | - |
| Sector ETF (XLF) | 12.0% | 22.1% | 0.50 | 66.2% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 58.0% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 1.5% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 12.0% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 44.4% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 29.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/10/2022 | 10-Q |
| 03/31/2022 | 05/11/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Chelko, Carrie | EVP and General Counsel | Direct | Sell | 8152025 | 95.40 | 3,000 | 286,200 | 6,861,941 | Form |
| 2 | Smith, Craig Donald | President and CEO PPM America | Direct | Sell | 8132025 | 91.67 | 2,500 | 229,175 | 10,010,400 | Form |
| 3 | Smith, Craig Donald | President and CEO PPM America | Direct | Sell | 8112025 | 88.44 | 1,500 | 132,660 | 10,188,322 | Form |
| 4 | Smith, Craig Donald | President and CEO PPM America | Direct | Sell | 8112025 | 89.96 | 3,500 | 314,860 | 10,048,567 | Form |
| 5 | Smith, Craig Donald | President and CEO PPM America | Direct | Sell | 4082025 | 69.52 | 20,607 | 1,432,550 | 8,093,425 | Form |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Life & Health Insurance Resources |
| Insurance Business America |
| A.M. Best |
| National Underwriter |
| Insurance News |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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