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

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.

Key Stats

• Today's Range: $261.13 to $265.63
• 50-Day Range: $217.46 to $259.05
• 52-Week Range: $119.46 to $265.63
• Volume: 95,801 shs
• Average Volume: 281,195 shs
• Market Capitalization: $12.48 billion
• P/E Ratio: 42.20
• Dividend Yield: N/A
• Price Target: $246.80
• Consensus Rating: Moderate Buy

Jones Lang LaSalle Stock Analysis - MarketRank™

Jones Lang LaSalle scored higher than 84% of companies evaluated by MarketBeat, and ranked 247th out of 908 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

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 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 28.07%

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 42.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Jones Lang LaSalle is 42.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.41.

Price to Book Value per Share Ratio

Jones Lang LaSalle has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.17% 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 3.4, 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 increased by 4.13%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

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.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -1.28

Percentage of Shares Shorted

2.17% 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 3.4, 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 increased by 4.13%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.63

News Sentiment

Jones Lang LaSalle has a news sentiment score of 0.63. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Jones Lang LaSalle this week, compared to 7 articles on an average week.

Search Interest

Only 2 people have searched for JLL on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Jones Lang LaSalle to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

JLL Stock Analysis - Frequently Asked Questions

How have JLL shares performed this year?

Jones Lang LaSalle's stock was trading at $188.87 at the beginning of the year. Since then, JLL stock has increased by 39.0% and is now trading at $262.49.
View the best growth stocks for 2024 here.

How were Jones Lang LaSalle's earnings last quarter?

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

Does Jones Lang LaSalle have any subsidiaries?

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 others.

Who are Jones Lang LaSalle's major shareholders?

Top institutional investors of Jones Lang LaSalle include EdgePoint Investment Group Inc. (4.25%), Dimensional Fund Advisors LP (3.10%), Ariel Investments LLC (2.79%) and Massachusetts Financial Services Co. MA (2.21%).
View institutional ownership trends.

How do I buy shares of Jones Lang LaSalle?

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.

What other stocks do shareholders of Jones Lang LaSalle own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Jones Lang LaSalle investors own include AbbVie (ABBV), Cisco Systems (CSCO), Gilead Sciences (GILD), Intel (INTC), Johnson & Johnson (JNJ), Micron Technology (MU) and Target (TGT).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate agents & managers
• Sub-Industry: Real Estate Services
• Current Symbol: NYSE:JLL
• CUSIP: 48020Q10
• CIK: 1037976
• Web: www.us.jll.com
• Phone: (312) 782-5800
• Fax: 312-782-4339
• 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: -5.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.22
• Trailing P/E Ratio: 42.05
• Forward P/E Ratio: 20.85
• P/E Growth: N/A
• Net Income: $225.40 million
• Net Margins: 1.76%
• Pretax Margin: 2.05%
• Return on Equity: 8.03%
• Return on Assets: 3.25%

Debt

• Debt-to-Equity Ratio: 0.31
• Current Ratio: 2.58
• Quick Ratio: 2.58

Sales & Book Value

• Annual Sales: $21.75 billion
• Price / Sales: 0.57
• Cash Flow: $14.61 per share
• Price / Cash Flow: 17.90
• Book Value: $134.74 per share
• Price / Book: 1.94

Miscellaneous

• Outstanding Shares: 47,561,000
• Free Float: 47,219,000
• Market Cap: $12.44 billion
• Optionable: Optionable
• Beta: 1.37