Research Analysts Set Expectations for JLL Q1 Earnings

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - William Blair cut their Q1 2025 earnings per share estimates for shares of Jones Lang LaSalle in a research note issued to investors on Wednesday, November 6th. William Blair analyst S. Sheldon now expects that the financial services provider will post earnings of $1.96 per share for the quarter, down from their previous forecast of $2.06. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $12.59 per share. William Blair also issued estimates for Jones Lang LaSalle's FY2025 earnings at $15.72 EPS and FY2026 earnings at $18.06 EPS.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $3.50 EPS for the quarter, topping analysts' consensus estimates of $2.67 by $0.83. The business had revenue of $5.87 billion during the quarter, compared to analysts' expectations of $5.62 billion. Jones Lang LaSalle had a return on equity of 8.03% and a net margin of 1.76%. Jones Lang LaSalle's quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter last year, the company posted $2.01 earnings per share.

JLL has been the subject of a number of other reports. Keefe, Bruyette & Woods lifted their price objective on shares of Jones Lang LaSalle from $240.00 to $250.00 and gave the stock a "market perform" rating in a research report on Thursday, August 8th. Raymond James lifted their target price on shares of Jones Lang LaSalle from $246.00 to $268.00 and gave the stock a "strong-buy" rating in a report on Thursday, July 25th. Finally, StockNews.com raised shares of Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a report on Friday, September 13th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Jones Lang LaSalle currently has an average rating of "Buy" and an average target price of $246.80.

Jones Lang LaSalle Stock Performance

Shares of NYSE JLL traded up $3.25 during midday trading on Thursday, hitting $265.34. 397,491 shares of the company's stock were exchanged, compared to its average volume of 286,775. The company has a quick ratio of 2.58, a current ratio of 2.58 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $12.59 billion, a PE ratio of 33.50 and a beta of 1.37. Jones Lang LaSalle has a 12 month low of $136.83 and a 12 month high of $288.50. The company's 50 day moving average price is $262.71 and its 200 day moving average price is $231.27.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Innealta Capital LLC bought a new position in Jones Lang LaSalle during the 2nd quarter worth $34,000. UMB Bank n.a. grew its holdings 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 worth $36,000 after purchasing an additional 105 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in Jones Lang LaSalle in the third quarter valued at about $37,000. Massmutual Trust Co. FSB ADV lifted its position in Jones Lang LaSalle by 37.5% during the third quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider's stock worth $39,000 after purchasing an additional 39 shares during the period. Finally, Mather Group LLC. grew its stake in Jones Lang LaSalle by 446.9% during the second quarter. Mather Group LLC. now owns 268 shares of the financial services provider's stock worth $52,000 after buying an additional 219 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

About Jones Lang LaSalle

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.