Jackson Financial Inc. (NYSE:JXN) is one of the cheap new stocks to buy now. On February 18, Jackson Financial reported record-breaking retail annuity sales of $19.7 billion for the full-year 2025, which was a 10% increase year-over-year. This was fueled by performance in registered index-linked annuities/RILA, which reached $6.9 billion, and institutional sales that surged 77% to $3.5 billion. Q4 alone saw $5.9 billion in retail annuity sales, up 27% year-over-year. These results were supported by the expanding capabilities of its asset management subsidiary, PPM America, which saw its assets under management grow 26% to $93.7 billion.
While the company reported a net loss of $17 million for 2025 due to non-operating items like hedging results and reinsurance fluctuations, its underlying business performance remained robust. Adjusted operating earnings reached $1.6 billion ($22.67 per diluted share) for 2025, compared to $1.4 billion in 2024. This record profitability was driven by higher spread income from RILA and institutional assets, as well as a reduced share count from aggressive buybacks.
In 2025, Jackson Financial Inc. (NYSE:JXN) exceeded its capital return targets by returning $862 million to common shareholders through $634 million in share repurchases and $228 million in dividends. Building on this momentum, the company increased its Q1 2026 dividend by 12.5% to $0.90 per share and established a higher capital return target of $900 million to $1.1 billion for 2026.
Jackson Financial Inc. (NYSE:JXN), through its subsidiaries, provides a suite of annuities to retail investors in the US. It operates through three segments: Retail Annuities, Institutional Products, and Closed Life & Annuity Blocks.
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