Jackson Financial Inc. (JXN) Raises Quarterly Dividend 14.3% to $0.80; 3.4% Yield
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Evercore ISI Reiterates Underperform Rating on Jackson Financial inc. (JXN)
February 20, 2025 10:46 AM ESTEvercore ISI analyst Thomas Gallagher reiterated an Underperform rating and $98.00 price target on Jackson Financial inc. (NYSE: JXN).
The analyst comments "Following the JXN call, we note the following key takeaways on why we think the stock is weaker despite favorable FCF guidance for 2025. Its all about Brooke Re in our view. Management indicated that Brooke Re remains well capitalized and shows excess capital and strong generation in its main operating sub, JNL, but because most of the tail... More
