bullish

Jackson Financial Inc (JXN) - Tuesday, Apr 2, 2024

218 Views02 Jul 2024 19:06
Syndicated
SUMMARY
  • Jackson Financial is the 9th largest retail annuity company in the US with $12.8 billion in annuity sales in 2023
  • Spun from Prudential in 2021, JXN currently trades at 4x P/E and around 50% of book value
  • Plans to return $550-$650 million of capital to shareholders this year, representing 11-13% of its market cap, through dividends and share repurchases, with potential for growth in the future

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Value Investors Club
External reports (aggregated public sources)
Value Investors Club
Equity Bottom-UpEvent-Driven
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x