Added to YB: 2026-09-21
Pitch date: 2026-09-17
JXN [bearish]
Jackson Financial Inc.
-2.84%
current return
Author Info
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Company Info
Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States.
Market Cap
$9.0B
Pitch Price
$129.00
Price Target
N/A
Dividend
2.71%
EV/EBITDA
28.47
P/E
157.69
EV/Sales
1.49
Sector
Financial Services
Category
N/A
Problems at Jackson Financial ($JXN)
JXN (short): Jackson’s shareholder-return machine may rest on an opaque captive reinsurer whose estimated $6.8B net payable to Jackson National Life equaled 137% of the insurer’s $4.97B statutory surplus at Q2 2026. QVT argues Brooke Re defers each quarter’s hedge result over three years despite launching with only $700M of cash and liquid securities; repeated policyholder-behavior misses further weaken its model-based capital. The central question is whether Brooke Re can pay what it owes.
Read full article (9 min)