Jackson Financial Q4 adjusted operating earnings rise

Jackson Financial

18/02/2026 21:23

Overview

Annuity provider's Q4 adjusted operating earnings rose, driven by higher spread income

Company reported record Q4 retail annuity sales, up 27% yr/yr

Company returned $205 mln to shareholders in Q4 through repurchases and dividends

Outlook

Jackson sets 2026 capital return target at $900 mln to $1.1 bln

Company increases Q1 2026 dividend by 12.5% to $0.90 per share

Result Drivers

RETAIL ANNUITY SALES - Record Q4 retail annuity sales of $5.9 bln, up 27% from Q4 2024, driven by strong demand across product suite

RILA GROWTH - Record RILA sales of $2.3 bln, up 53% from Q4 2024, contributed to higher spread income

SPREAD INCOME - Higher spread income from growth in average RILA and Institutional AUM boosted adjusted operating earnings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$3.13
Q4 Net Income
-$215 mln
Q4 Adjusted Operating Earnings
$455 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the multiline insurance & brokers peer group is "buy."

Wall Street's median 12-month price target for Jackson Financial Inc is $118.00, about 1.9% above its February 17 closing price of $115.78

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release: ID:nBw85K3Cja

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)