Here is how Jackson Financial (JXN) and Skyward Specialty Insurance (SKWD) have performed compared to their sector so far this year.
Does Jackson Financial (JXN) have what it takes to be a top stock pick for momentum investors? Let's find out.
JXN, PK, and RGA made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 11, 2024.
SSL, NMM and JXN made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 7, 2024.
Jackson Financial offers income and value to shareholders with its excess capital position, dividend, and cheap valuation compared to peers. The company operates in the life insurance industry, specializing in retirement planning and annuity products. JXN's decision to establish Brooke Re, a captive reinsurance company, is expected to improve risk management and reduce sensitivity to capital market risks.
Jackson Financial Inc. has delivered a 150%+ return over the last year, yet its valuation remains low. The company focuses on providing annuities to retail investors and has a history of generating appealing profits. Jackson Financial's shareholder-friendly capital allocation approach and solid fee income growth make it an attractive investment option.
Jackson Financial has produced attractive returns for investors, with total returns almost tripling in less than three years. The company's financial history shows revenue and earnings volatility due to losses on derivatives and reinsurance treaties. Jackson primarily earns fees from annuity products, but their annuity business is experiencing negative net flows and a decline in income.
Does Jackson Financial (JXN) have what it takes to be a top stock pick for momentum investors? Let's find out.