Research Analysts Set Expectations for JLL Q4 Earnings

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Equities researchers at Zacks Research upped their Q4 2024 EPS estimates for shares of Jones Lang LaSalle in a research note issued on Wednesday, November 27th. Zacks Research analyst R. Fatarpekar now forecasts that the financial services provider will post earnings of $5.58 per share for the quarter, up from their previous forecast of $5.54. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $13.17 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.

Other equities analysts have also issued reports about the company. Wolfe Research raised Jones Lang LaSalle from a "peer perform" rating to an "outperform" rating and set a $353.00 price target for the company in a research note on Monday, November 25th. StockNews.com raised Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 13th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Jones Lang LaSalle from $280.00 to $292.00 and gave the stock a "market perform" rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Jones Lang LaSalle currently has an average rating of "Buy" and an average target price of $271.50.

Jones Lang LaSalle Stock Down 0.8 %

Shares of NYSE JLL traded down $2.22 during midday trading on Monday, reaching $278.38. 112,137 shares of the company's stock were exchanged, compared to its average volume of 286,484. The business's fifty day moving average price is $267.69 and its two-hundred day moving average price is $241.06. Jones Lang LaSalle has a 52-week low of $159.52 and a 52-week high of $288.50. The stock has a market capitalization of $13.21 billion, a PE ratio of 28.46 and a beta of 1.37. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.29 and a current ratio of 2.29.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.67 by $0.83. Jones Lang LaSalle had a net margin of 2.12% and a return on equity of 8.95%. The business had revenue of $5.87 billion for the quarter, compared to the consensus estimate of $5.62 billion. During the same quarter in the prior year, the firm posted $2.01 earnings per share. The company's quarterly revenue was up 14.8% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in JLL. American Trust purchased a new position in shares of Jones Lang LaSalle in the third quarter worth about $208,000. Tidal Investments LLC purchased a new position in shares of Jones Lang LaSalle in the third quarter worth about $218,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Jones Lang LaSalle during the third quarter valued at approximately $146,000. Sanctuary Advisors LLC increased its position in shares of Jones Lang LaSalle by 19.2% in the third quarter. Sanctuary Advisors LLC now owns 2,809 shares of the financial services provider's stock valued at $740,000 after acquiring an additional 453 shares during the period. Finally, TCW Group Inc. raised its position in Jones Lang LaSalle by 10.6% during the 3rd quarter. TCW Group Inc. now owns 293,589 shares of the financial services provider's stock valued at $79,213,000 after purchasing an additional 28,084 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

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.