Jackson Financial (JXN) 2025 Retail Annuity Sales Reach Record $19.7B

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.

Jackson Financial (JXN) 2025 Retail Annuity Sales Reach Record $19.7B

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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.

While we acknowledge the potential of JXN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than JXN and that has 100x upside potential, check out our report about this cheapest AI stock.

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