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NYSE:JLL

Jones Lang LaSalle (JLL) Stock Price, News & Analysis

$265.62
-1.62 (-0.61%)
(As of 10/17/2024 ET)

About Jones Lang LaSalle Stock (NYSE:JLL)

Key Stats

Today's Range
$265.06
$269.29
50-Day Range
$235.22
$272.26
52-Week Range
$119.46
$273.82
Volume
339,510 shs
Average Volume
281,776 shs
Market Capitalization
$12.63 billion
P/E Ratio
33.54
Dividend Yield
N/A
Price Target
$246.80
Consensus Rating
Moderate Buy

Company Overview

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. The company offers a range of real estate services, including agency leasing, tenant representation, property management, advisory, and consulting services; and capital market services, such as equity and debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services. It also provides on-site management services for office, industrial, retail, multifamily residential, and various other properties; integrated facilities management services; designing, building, management, and consulting services to tenants of leased space, owners in self-occupied buildings, and owners of real estate investments; and advisory, consulting, valuation, and energy and sustainability services. In addition, the company offers investment management services to institutional and retail investors, including high-net-worth individuals. It provides its services to real estate owners, occupiers, investors, and developers for various property types, including critical environments and data centers, offices, industrial and warehouses, residential properties, infrastructure projects, retail and shopping malls, logistics, and military housing and transportation centers; and hotels and hospitality, cultural, educational, government, healthcare and laboratory, and sports facilities. The company was formerly known as LaSalle Partners Incorporated and changed its name to Jones Lang LaSalle Incorporated in March 1999. Jones Lang LaSalle Incorporated was incorporated in 1997 and is headquartered in Chicago, Illinois.

Jones Lang LaSalle Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

JLL MarketRank™: 

Jones Lang LaSalle scored higher than 93% of companies evaluated by MarketBeat, and ranked 136th out of 910 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Jones Lang LaSalle has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Jones Lang LaSalle has only been the subject of 2 research reports in the past 90 days.

  • Read more about Jones Lang LaSalle's stock forecast and price target.
  • Earnings Growth

    Earnings for Jones Lang LaSalle are expected to grow by 28.07% in the coming year, from $12.54 to $16.06 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Jones Lang LaSalle is 33.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Jones Lang LaSalle is 33.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.92.

  • Price to Book Value per Share Ratio

    Jones Lang LaSalle has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Jones Lang LaSalle's valuation and earnings.
  • Percentage of Shares Shorted

    1.90% of the float of Jones Lang LaSalle has been sold short.
  • Short Interest Ratio / Days to Cover

    Jones Lang LaSalle has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Jones Lang LaSalle has recently decreased by 9.99%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Jones Lang LaSalle does not currently pay a dividend.

  • Dividend Growth

    Jones Lang LaSalle does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Jones Lang LaSalle is 13.83%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Jones Lang LaSalle will have a dividend payout ratio of 5.35% next year. This indicates that Jones Lang LaSalle will be able to sustain or increase its dividend.

  • Read more about Jones Lang LaSalle's dividend.
  • Percentage of Shares Shorted

    1.90% of the float of Jones Lang LaSalle has been sold short.
  • Short Interest Ratio / Days to Cover

    Jones Lang LaSalle has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Jones Lang LaSalle has recently decreased by 9.99%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Jones Lang LaSalle has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Jones Lang LaSalle this week, compared to 7 articles on an average week.
  • Search Interest

    20 people have searched for JLL on MarketBeat in the last 30 days. This is an increase of 122% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Jones Lang LaSalle to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Jones Lang LaSalle insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.72% of the stock of Jones Lang LaSalle is held by insiders.

  • Percentage Held by Institutions

    94.80% of the stock of Jones Lang LaSalle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Jones Lang LaSalle's insider trading history.
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JLL Stock Analysis - Frequently Asked Questions

Jones Lang LaSalle's stock was trading at $188.87 at the start of the year. Since then, JLL stock has increased by 40.6% and is now trading at $265.62.
View the best growth stocks for 2024 here
.

Jones Lang LaSalle Incorporated (NYSE:JLL) released its earnings results on Tuesday, August, 6th. The financial services provider reported $2.55 earnings per share for the quarter, beating analysts' consensus estimates of $2.30 by $0.25. The company's quarterly revenue was up 11.4% on a year-over-year basis.

The following companies are subsidiaries of Jones Lang LaSalle: Building Engines Inc., Peloton Commercial Real Estate, HFF, ValuD Consulting, Australian Valuation Solutions, Maloney Field Services, Integra Realty Resources, and more.

Top institutional shareholders of Jones Lang LaSalle include Artemis Investment Management LLP (0.70%), Oliver Luxxe Assets LLC (0.05%), Handelsbanken Fonder AB (0.02%) and Bank of New Hampshire (0.02%).
View institutional ownership trends
.

Shares of JLL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Jones Lang LaSalle investors own include Waste Connections (WCN), American Water Works (AWK), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
8/06/2024
Today
10/17/2024
Next Earnings (Confirmed)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
Real Estate Services
CUSIP
48020Q10
Employees
106,100
Year Founded
1783

Price Target and Rating

Average Stock Price Target
$246.80
High Stock Price Target
$268.00
Low Stock Price Target
$230.00
Potential Upside/Downside
-7.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$225.40 million
Pretax Margin
2.05%

Debt

Sales & Book Value

Annual Sales
$21.75 billion
Cash Flow
$14.42 per share
Book Value
$134.74 per share

Miscellaneous

Free Float
47,122,000
Market Cap
$12.63 billion
Optionable
Optionable
Beta
1.37

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This page (NYSE:JLL) was last updated on 10/17/2024 by MarketBeat.com Staff
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