Q4 EPS Estimate for Jones Lang LaSalle Lifted by Analyst

Jones Lang LaSalle Incorporated (NYSE:JLL) – Equities researchers at Zacks Research boosted their Q4 2024 earnings per share estimates for Jones Lang LaSalle in a research report issued to clients and investors on Wednesday, November 27th. Zacks Research analyst R. Fatarpekar now forecasts that the financial services provider will earn $5.58 per share for the quarter, up from their prior estimate of $5.54. The consensus estimate for Jones Lang LaSalle’s current full-year earnings is $13.37 per share. Zacks Research also issued estimates for Jones Lang LaSalle’s Q1 2025 earnings at $2.09 EPS, Q2 2025 earnings at $3.26 EPS, Q3 2025 earnings at $4.17 EPS, Q4 2025 earnings at $6.41 EPS, FY2025 earnings at $15.92 EPS, Q1 2026 earnings at $3.59 EPS, Q2 2026 earnings at $4.40 EPS, Q3 2026 earnings at $4.67 EPS and FY2026 earnings at $19.05 EPS.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $2.67 by $0.83. Jones Lang LaSalle had a return on equity of 8.95% and a net margin of 2.12%. The company had revenue of $5.87 billion during the quarter, compared to analyst estimates of $5.62 billion. During the same period in the prior year, the company earned $2.01 earnings per share. The firm’s revenue was up 14.8% on a year-over-year basis.

Several other equities research analysts also recently weighed in on JLL. StockNews.com upgraded Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a report on Friday, September 13th. Keefe, Bruyette & Woods increased their price target on Jones Lang LaSalle from $280.00 to $292.00 and gave the stock a “market perform” rating in a report on Tuesday, November 12th. Finally, Wolfe Research upgraded Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 price target on the stock in a report on Monday, November 25th. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Jones Lang LaSalle has an average rating of “Buy” and a consensus target price of $271.50.

Jones Lang LaSalle Trading Up 0.2 %

Shares of JLL stock opened at $278.73 on Monday. Jones Lang LaSalle has a 1 year low of $159.52 and a 1 year high of $288.50. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.29. The stock’s 50 day simple moving average is $267.94 and its two-hundred day simple moving average is $241.56. The company has a market cap of $13.22 billion, a PE ratio of 28.21 and a beta of 1.34.

Institutional Trading of Jones Lang LaSalle

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Brooklyn Investment Group purchased a new position in Jones Lang LaSalle in the 3rd quarter worth $34,000. UMB Bank n.a. raised its stake in shares of Jones Lang LaSalle by 350.0% during the 3rd quarter. UMB Bank n.a. now owns 135 shares of the financial services provider’s stock valued at $36,000 after buying an additional 105 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Jones Lang LaSalle during the 3rd quarter valued at about $37,000. Massmutual Trust Co. FSB ADV raised its stake in shares of Jones Lang LaSalle by 37.5% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider’s stock valued at $39,000 after buying an additional 39 shares during the last quarter. Finally, Innealta Capital LLC purchased a new position in shares of Jones Lang LaSalle during the 2nd quarter valued at about $34,000. Institutional investors own 94.80% of the company’s stock.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in the buying, building, occupying, managing, and investing in a commercial, industrial, hotel, residential, and retail properties in Americas, Europe, the Middle East, Africa, and the Asia Pacific.