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JXN

Jackson Financial Inc. Class A Common Stock (JXN) fair value

Financial Services · Insurance - Life · NYSE · United States
$130.19-2.35%
Market cap $9.0BNext earnings 2026-11-03Updated Oct 20, 2026
Add earnings to calendarGoogle
Our verdict
Trades 41% below our fair value
Price
$130.19
Model fair valueConfidence: good
$219
Model range
$117 to $321
Fair value $219
Price $130
2 models fit Jackson Financial Inc. Class A Common Stock and they disagree: 0 of 2 land within 15% of the average.
Two or more of our models back this value.
Large discount(i)Silver72
Valued as an insurer: Residual income, P/E comparison, and Dividend discount.
ACCE opinionJackson Financial Inc. Class A Common Stock (JXN)
Fair value (2 models)
$219
ACCE price target
$123
Rating
Undervalued
Horizon
12 months
Fair value published on 11 Oct 2026, 00:00 CEST; previously $77.51 since 7 Oct 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 16:04 CEST.
Price used: $130 at the close on 23 Oct 2026, 22:00 CEST.
Models: Dividend discount, P/E comparison, and Residual income.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
40.6% below
+68.2% to fair value
ACCE score
53
out of 100
Analysts
50% buy
4 covering
P/E
146.5x
forward 0.0x
1-year return
+33.2%
Dividend yield
2.61%

Jackson Financial Inc. Class A Common Stock in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Jackson Financial writes variable annuities, fixed indexed annuities and retirement income products through its Jackson National Life subsidiary, with retail annuity sales as the core of the franchise. The bull case rests on the aging US population's demand for guaranteed retirement income, where Jackson is one of the largest annuity writers in the country. The reported numbers are weak right now: revenue is down 22.6% year over year, ROE is 1.4%, and the operating margin of -810.1% reflects hedging and derivative-related swings that make the headline earnings hard to read, so the trailing P/E of 144.6 tells you little on its own. At an 8.9B market cap with no index membership, the name is a candidate for a deeper look at whether the hedging noise is masking a steadier earnings base, and whether the 0.0 forward P/E reflects missing consensus coverage rather than a real signal. The score of 55/100 suggests the quantitative profile is mixed, so the work is in separating accounting volatility from underlying franchise economics.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • high
    Revenue falling sharply
    Revenue is down 22.6% year over year, while the 5-year revenue CAGR is +7.6%. The recent decline is far from the long-run trend and needs explaining before sizing a position.
  • moderate
    Operating margin deeply negative
    Operating margin is -810.1% against a net margin of +1.6%, so the reported profit depends on items below operating income. The earnings jump of +291.6% should be read with that in mind.
  • moderate
    Elevated short interest
    Short interest is 6.5% of shares. That is a meaningful bearish positioning signal, though not an extreme one.

AI research notes

AI-assisted·How I use AIWritten Oct 14, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Free cash flow over the last twelve months reached $5.8B, a large cash figure against a share price of $130.97.
  • Analysts' mean price target of $149.25 sits 14.0% above the current share price.
  • The latest quarter beat expectations, with earnings per share of 7.30 against 5.76 expected, a 26.7% surprise.
Why it could disappoint
  • Revenue fell 22.6% year over year, well below the 7.6% average annual growth of the past five years.
  • Profitability is thin, with a 1.6% net margin and a 1.4% return on equity.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 3, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where JXN's valuation models land
Price
$130.19
Model fair value
$219
Model range
$117 to $321
Fair value $219
Price $130
The price sits inside the model range.
Model
Fair value
Upside
Dividend discount
P/E comparison
Residual income
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Mixed50% buy · 4 covering analysts
● Strong buy 1● Buy 1● Hold 2● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-0.3%
1 month
+0.4%
3 months
+9.1%
6 months
+15.1%
YTD
+22.1%
1 year
+33.2%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
20 Oct 2026, 16:04 CESTRatingUndervaluedfirst publication$129
11 Oct 2026, 00:00 CESTFair value$220$77.51$130
10 Oct 2026, 00:00 CESTACCE price target$123first publication$133
7 Oct 2026, 00:00 CESTFair value$77.51$76.63$134
30 Sept 2026, 00:00 CESTFair value$76.63$77.45$132
26 Sept 2026, 00:00 CESTFair value$77.45$78.78$130
21 Sept 2026, 00:00 CESTFair value$78.78$75.58$133
19 Sept 2026, 00:00 CESTFair value$75.58$80.12$129
14 Sept 2026, 00:00 CESTFair value$80.12$81.04$138
11 Sept 2026, 00:00 CESTFair value$81.04$82.46$138

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth43Value37Quality42Momentum90Total53
Valuation
Trailing P/E
146.5x
Forward P/E
0.0x
PEG
0.50
P/B
0.93x
EV / Revenue
1.4x
Book value/sh
$138.28
Enterprise value
$9.1B
Profitability
ROE
1.4%
FCF yield
63.77%
ROIC
0.2%
Health and risk
Debt / equity
0.46
Dividend yield
2.61%
Beta
1.32

Price

+31.1% · 1Y

Ask anything about JXN

Answered from Jackson Financial Inc. Class A Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 0% of peers
low 0.0x146.5xhigh 146.5x
ROEbetter than 17% of peers
low -32%1%high 33%
Div yieldbetter than 50% of peers
low 0.4%2.6%high 6.2%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
JXN Jackson Financial Inc. Class A Common Stock $130.19$21941% below146.5x1.4%4253
PRI Primerica Inc. Common Stock$274.43$3029% below11.4x33.0%9675
LNC Lincoln National Corporation Common Stock$39.84--3.4x22.6%6869
7181.T Japan Post Insurance Co., Ltd.¥1691.00¥112151% above11.1x4.2%5070
HDFCLIFE.NS HDFC Life Insurance Company Limited₹523.75--55.3x11.3%3937
SDLF.L Standard Life plc£9.13£737% above--31.9%3161
ICICIPRULI.NS ICICI Life Insurance Limited₹431.00--35.6x12.9%5339

Sector report card

Where JXN ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Oct 14, 2026
    Don Templin Elected to Jackson’s Board of Directors
  • Business Wire•Oct 6, 2026
    Jackson to Report Third Quarter 2026 Financial Results on November 3
  • Business Wire•Sep 28, 2026
    Jackson Names Dean Hosfield Chief Information Officer
10 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 14
8-KCurrent reportPeriod 2026-10-12
View on SEC →
September 2026
Sep 28
Form 4Insider transactionPeriod 2026-09-24
View on SEC →
Sep 28
Form 4Insider transactionPeriod 2026-09-24
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR