The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Jackson Financial Inc (JXN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.71, or -1.79%, to $38.85. The Jackson Financial Inc has recorded 16,712 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Jackson to Report Third Quarter 2023 Financial Results.
The company is listed on the NYSE and operates within the Insurance – Life industry segment. At the end of the last regular session, the stock closed at $39.56 and fluctuated between $39.58 as its day high and $37.74 as its day low. The current market capitalization of Jackson Financial Inc is $3.24B. A total of 0.7 million shares were traded on the day, compared to an average of 1.22M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, JXN has seen 68 BUY and 1 SELL insider trades, representing the acquisition of 15,810 and the disposition of 5,000 shares. Over the last 12 months, there were 306 BUYs and 57 SELLs from insiders. Insiders purchased 742,812 shares during that period but sold 427,217.
In the most recent transaction, Romine Scott sold 5,000 shares of JXN for 39.67 per share on Oct 16. After the transaction, the President and CEO, JNLD now owns 72,435 company shares. In a previous transaction on Oct 11, Cummings Don W sold 1,555 shares at 38.12 per share. JXN shares that SVP and CAO owns now total 24,300.
Among the insiders who sold shares, Romine Scott disposed of 5,000 shares on Aug 14 at a per-share price of $35.07. This resulted in the President and CEO, JNLD holding 78,217 shares of JXN after the transaction. In another insider transaction, Romine Scott sold 5,000 shares at $29.40 per share on Jun 15. Company shares held by the President and CEO, JNLD now total 82,386.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Jackson Financial Inc pays an annual dividend of $2.50, resulting in a dividend yield of 6.31%, and it has a price to earnings (P/E) ratio of 8.92. JXN’s most recent ex-dividend date was 8/30/2023 when it declared a $0.62 quarterly dividend that was paid in cash on 9/14/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/31/2023. The JXN stock dividend was $0.62 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for JXN in the last 3 months, the mean price target is $39.20 with high estimates of $46.00 and low estimates of $34.00. In terms of 52-week highs and lows, JXN has a high of $49.60 and a low of $26.70.
As of this writing, JXN has an earnings estimate of $3.53 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $3.69 per share and a lower estimate of $3.45. The company reported an EPS of $3.15 in the last quarter, which was -18.60% lower than expectations of $3.87.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. JXN’s latest balance sheet shows that the firm has $54.17B in Cash & Short Term Investments as of fiscal 2021. There were $2.65B in debt and $53.47B in liabilities at the time. Its Book Value Per Share was $99.12, while its Total Shareholder’s Equity was $11.07B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for JXN is Buy with a score of 3.50.