It is Poised to be a Bull Market for Jackson Financial Inc (JXN)

With 0.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.68 million shares. The 52-week range on JXN shows that it touched its highest point at $115.22 and its lowest point at $58.02 during that stretch. It currently has a 1-year price target of $100.20. With its current market cap of 5.89 billion, JXN has annualized dividend of $3.60 while the current yield stands at 4.44%. Beta for the stock currently stands at 1.52.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JXN was down-trending over the past week, with a drop of -3.84%, but this was down by -13.01% over a month. Three-month performance dropped to -17.36% while six-month performance fell -0.07%. The stock gained 38.20% in the past year, while it has lost -6.82% so far this year. A look at the trailing 12-month EPS for JXN yields 11.44 with Next year EPS estimates of 22.91. For the next quarter, that number is 5.06. This implies an EPS growth rate of 11.37% for this year and 9.47% for next year.

Float and Shares Shorts:

At present, 73.38 million JXN shares are outstanding with a float of 71.11 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JXN since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $19.54165 being high and $18.49457 being low. For JXN, this leads to a yearly average estimate of $19.01811.