How to Buy Jackson Financial Stock
Jackson Financial Inc
Jackson Financial is a asset management company located in Michigan, United States, which is part of the Financial Services sector, and is traded under the ticker JXN on the NYSE exchange.
Jackson Financial stock last closed at $29.66, up 2.99% from the previous day, and has decreased 15.04% in one year. It has underperformed other stocks in the Asset Management industry by 0.11 percentage points. Jackson Financial stock is currently +25.89% from its 52-week low of $23.56, and -40.2% from its 52-week high of $49.60.
At the moment, there are 82.49M JXN shares outstanding. The market value of JXN is $2.45B. In the past 24 hours, 1.01M JXN shares were traded.
How to Buy Jackson Financial Stock
Not sure how to invest in Jackson Financial stock? Here's how.
- Decide where to buy Jackson Financial stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Jackson Financial stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your info.
- Research Jackson Financial stock: The Jackson Financial ticker symbol is JXN. Is Jackson Financial stock a good investment? Should you buy shares of JXN? How do JXN's underlying business fundamentals look? Do top analysts think Jackson Financial is a good buy? Why has JXN's stock price moved recently? (Hint: Our stock research website can help you figure out if JXN is a good stock to buy).
- Execute your JXN trade: Decide if you will purchase JXN shares at the current market price or use a limit order to purchase JXN stock at a given price.
- Get the latest scoop on your investment in JXN: Create a watchlist to monitor your investment in Jackson Financial shares.
Step 1: Decide where to buy Jackson Financial stock
You will need a brokerage account to access the NYSE market and buy JXN shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you can buy JXN stock today.
How to Open a New Investment Account on eToro
- Click here to get started.
- Enter your personal data to start a new brokerage account.
- Send your application by hitting the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you have created your account on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out the video below if you need help depositing funds into your brokerage account.
Step 4: Research Jackson Financial stock
Once you have chosen the best place to buy Jackson Financial stock, it's absolutely critical to research their stock before you buy, so you actually wrap your head around the risk and upside.
Jackson Financial Metrics
Fundamentals of Jackson Financial
WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on JXN's stock page.
Is JXN stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge JXN's fair value.
Using relative valuations ratios:
- JXN could be undervalued based on its P/E ratio of 1.17x, relative to Asset Management industry P/E ratio of 46.45x
- JXN could be undervalued based on its P/B ratio of 0.28x, relative to Asset Management industry P/B ratio of 1.94x
You can access additional valuation research on JXN's stock here.
JXN Financial Overview
Pros:
- JXN's operating cash flow of $5.81B allows it to safely service it's debt of $5.77B.
- JXN earnings of $2.79B is not enough to cover its interest payments.
Cons:
- JXN profit margin has gone down from 42.5% to 23.1% in the past year.
- JXN has a relatively high debt to equity ratio of 36.12.
Is JXN stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Equities analysts who give recommendations on JXN, the consensus analyst rating on JXN is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent JXN Analyst Forecasts
Nigel Dally, a bottom 15% analyst from Morgan Stanley maintains JXN with a hold rating and lowers their JXN price target from $37.00 to $35.00, on May 10, 2023.
Alex Scott, a top 23% analyst from Goldman Sachs maintains JXN with a hold rating and raises their JXN price target from $36.00 to $41.00, on Apr 5, 2023.
Suneet Kamath, a top 12% analyst from Jefferies maintains JXN with a strong buy rating and raises their JXN price target from $46.00 to $55.00, on Feb 21, 2023.
You can dig deeper into what analysts are forecasting on the Jackson Financial stock forecast page.
JXN Technicals
How are JXN Revenues/Earnings doing?
Last year, JXN earnings were $2.18B. During the past 1 years, JXN's earnings have gone up by -10.49% per year. This was slower than the Asset Management industry average of 0.47%.
Last year, JXN revenue was $9.41B. Over the last 2 year, JXN's revenue has grown by 49.23% per year. This was faster than the Asset Management industry average of 16.85%.
Find out more about JXN's earnings and revenue performance here.
Who is buying/selling JXN?
Over the last year, insiders at JXN have sold more shares than they have bought.
Gregory T. Durant, Director of JXN, was the latest JXN insider to buy. They bought $91,380.00 worth of JXN shares on May 12, 2023.
Get more info about who owns JXN shares here.
Can I rely on JXN as an income stream?
No, Jackson Financial doesn't provide an income stream by paying out dividends.
What others are saying about JXN
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your JXN trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open button and eToro will place your order.
If you want more info about buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your investment in JXN
Now that you own some JXN shares, you'll want to stay up-to-date on your investment.
Put JXN on a watchlist to monitor your JXN stock.
JXN Feed
How to Buy Stock in Jackson Financial
To summarize, here are the 6 steps you need to take to buy Jackson Financial stock right now:
- Decide where to buy Jackson Financial stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Jackson Financial stock
- Execute your JXN trade
- Get the latest scoop on your investment in JXN
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Jackson Financial, hit the button below to create your watchlist.
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