Why Jackson Financial Inc’s (JXN) Stock Is Up 7.14% (2024)

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Jackson Financial Inc before investing.

In this article, we go over a few key elements for understanding Jackson Financial Inc’s stock price such as:

Before we jump into Jackson Financial Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Jackson Financial Inc. is a financial services company, which helps to clarify the complexity of retirement planning for financial professionals and their clients. Its segments include Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers a variety of retirement income and savings products through its diverse suite of products, consisting primarily of variable annuities, fixed index annuities, fixed annuities, payout annuities, and registered index-linked annuities. The Institutional Products segment consists of traditional Guaranteed Investment Contracts, funding agreements and medium-term note funding agreements. The Closed Life and Annuity Blocks segment includes various protection products, primarily whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. It offers a diverse suite of annuities to retail investors in the United States.

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As of May 09, 2024, 4:00 PM, CST, Jackson Financial Inc’s stock price was $78.65.

Jackson Financial Inc is up 7.14% from its previous closing price of $73.41.

During the last market session, Jackson Financial Inc’s stock traded between $71.87 and $73.97. Currently, there are 79.90 million shares of Jackson Financial Inc stock available for purchase.

Jackson Financial Inc’s price-earnings (P/E) ratio is currently at 7.5, which is low compared to the Insurance - Multiline & Brokers industry median of 19.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Jackson Financial Inc’s (JXN) price is currently up 15.12% so far this month.

During the month of May, Jackson Financial Inc’s stock price has reached a high of $81.52 and a low of $68.33.

Over the last year, Jackson Financial Inc has hit prices as high as $73.97 and as low as $26.70. Year to date, Jackson Financial Inc’s stock is up 126.07%.

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Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 08, 2024, there was 1 analyst who downgraded Jackson Financial Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Jackson Financial Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Jackson Financial Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Jackson Financial Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Jackson Financial Inc (JXN) by visiting AAII Stock Evaluator.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 08, 2024, Jackson Financial Inc has a weighted four-quarter relative price strength of 19.52%, which translates to a Momentum Score of 92 and is considered to be Very Strong.

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As of May 9, 2024, Jackson Financial Inc’s stock price is $78.65, which is up 7.14% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Jackson Financial Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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