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How to Buy Jackson Financial Stock

Jackson Financial Inc

Jackson Financial is a property & casualty insurance 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 $69.58, down 1.44% from the previous day, and has increased 97.78% in one year. It has overperformed other stocks in the Insurance - Life industry by 0.58 percentage points. Jackson Financial stock is currently +160.6% from its 52-week low of $26.70, and -1.97% from its 52-week high of $70.98.

At the moment, there are 77.41M JXN shares outstanding. The market value of JXN is $5.39B. In the past 24 hours, 754,083 JXN shares were traded.

How to Buy Jackson Financial Stock

Not sure how to invest in Jackson Financial stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Enter your personal data to start a new brokerage account.
  1. Send your application by hitting the "Create Account" button.
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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.

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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

JXN Price
$69.58
1w %
8.06%
1y %
97.78%
5y %
N/A
P/E
6.33x
P/B
0.53x
P/S
1.71x
PEG
0.22x
Revenue
$3.16B
Earnings
$899.00M
Fore. Rev. Growth
30.55%
Fore. Earn. Growth
28.47%
Market Cap
$5.39B
Next Earnings
May 9, 2024
Next Dividend
N/A

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 6.33x, relative to Insurance - Life industry P/E ratio of 16.23x
  • JXN could be undervalued based on its P/B ratio of 0.53x, relative to Insurance - Life industry P/B ratio of 1.39x
  • JXN could be undervalued based on its PEG ratio of 0.22x

You can access more valuation analysis on JXN's stock here.

Is JXN a healthy company?

Pros:

  • JXN earnings of $1.12B is not enough to cover its interest payments.
  • JXN's operating cash flow of $5.31B allows it to safely service it's debt of $4.04B.

Cons:

  • JXN profit margin has gone down from 62.7% to 28.5% in the past year.
  • JXN has a relatively high debt to equity ratio of 31.46.

Is Jackson Financial stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 5 Equities analysts who track JXN, the consensus analyst rating on JXN is a Hold

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Jackson Financial stock forecast page.

Metrics for Advanced JXN Traders

SMA10
66.15
SMA20
66.09
SMA50
61.28
SMA100
55.72
SMA200
46.79
MACD
1.87
MACD Signal
1.63
MACD Histogram
0.23
RSI
67.87
Stochastic %K
92.41
Stochastic %D
82.99
StochRSI %K
91.85
StochRSI %D
78.64

Is JXN Making Money?

Last year, JXN earnings were $899.00M. In the last 5 year, JXN's earnings have grown by -26.87% per year. This was slower than the Insurance - Life industry average of -2.52%.

Last year, JXN revenue was $3.16B. Over the last five year, JXN's revenue has gone up by -25.41% per year. This was slower than the Insurance - Life industry average of -1.35%.

Learn more about JXN's earnings and revenue performance here.

What are JXN insiders up to?

Over the last year, executives and large shareholders at JXN have sold more shares than they have bought.

Carrie Chelko, EVP General Counsel of JXN, was the latest JXN insider to sell. They sold $525,915.32 worth of JXN stock on Apr 4, 2024.

Research more about who owns JXN shares here.

Can I get consistent income from JXN stock?

No, Jackson Financial doesn't provide an income stream by paying out dividends.

What do other investors have to say about JXN?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your JXN trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, place a limit order.

Hit the Open Trade button and eToro will place the order.

If you require additional help investing in stocks on eToro, click the how to video below:

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Step 6: Get the latest scoop on your investment in JXN

Now that you own some shares in JXN, you'll want to keep up with your new company.

Create a watchlist to get the latest updates about your JXN stock.

JXN Feed

How to Buy Stock in Jackson Financial

To reiterate, here are the 6 steps to buy Jackson Financial stock:

  1. Decide where to buy Jackson Financial stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Research Jackson Financial stock
  5. Execute your JXN trade
  6. Get the latest scoop on your investment in JXN

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Jackson Financial, create your watchlist below.

NYSE: JXN
$69.58-1.02 (-1.44%)
Updated Apr 25, 2024
Open eToro Account
NYSE: JXN
$69.58-1.02 (-1.44%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Jackson Financial share?

As of Apr 25, 2024, it costs $69.58 to buy one share of Jackson Financial stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.144 shares of JXN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Jackson Financial stock?

According to 5 Wall Street analysts who monitor Jackson Financial, their consensus recommendation is to hold Jackson Financial stock.

What is the best way to buy Jackson Financial stock?

One way to place an order for Jackson Financial stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.