- JXN -0.34% JXN-PA +0.30%
Jackson Financial Inc. (NYSE:JXN) is included among the 14 Best Up and Coming Dividend Stocks to Buy.
Morgan Stanley Sees Industry Cycle Shifts, Cuts Jackson Financial (JXN) Price Target Photo by NeONBRAND on Unsplash
On November 17, Morgan Stanley reduced its price target on Jackson Financial Inc. (NYSE:JXN) to $101 from $106 while maintaining an Equal Weight rating, according to a report by The Fly. The firm updated its insurance-sector models following Q3 results and noted that life insurance earnings generally looked stronger than what recent share price movements might imply. For the property and casualty segment, it anticipates a softening cycle as the industry heads into 2026.
In the third quarter of 2025, Jackson Financial Inc. (NYSE:JXN) reported total revenues of $1.4 billion, a decline of 33.2% from the same period a year earlier. Even so, retail annuity sales reached $5.4 billion, up 2% year over year, reflecting steady demand across the company’s product lineup. Variable annuity sales rose to $2.9 billion, an 8% increase from Q3 2024, supported by higher sales of products without lifetime benefit features.
CEO Laura Prieskorn highlighted that free capital generation $1 billion and free cash flow totaled $719 million over the first three quarters. She noted that quarterly distributions to the holding company over the first nine months came to roughly $815 million. Prieskorn also announced a $1 billion increase in the company’s share repurchase authorization and confirmed a fourth-quarter dividend of $0.80 per share. Management expects capital returns to exceed its 2025 target range of $700 million to $800 million.
Jackson Financial Inc. (NYSE:JXN), mainly through its subsidiary Jackson National Life Insurance Company, offers a wide range of retirement and investment products, with a core focus on annuities across multiple categories.
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