William Blair Expects Weaker Earnings for Jones Lang LaSalle

Jones Lang LaSalle Incorporated (NYSE:JLL) – Equities researchers at William Blair dropped their Q1 2025 earnings estimates for Jones Lang LaSalle in a note issued to investors on Wednesday, November 6th. William Blair analyst S. Sheldon now anticipates that the financial services provider will earn $1.96 per share for the quarter, down from their previous estimate 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) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.67 by $0.83. Jones Lang LaSalle had a net margin of 1.76% and a return on equity of 8.03%. The company had revenue of $5.87 billion for the quarter, compared to analyst estimates of $5.62 billion. During the same period in the prior year, the company posted $2.01 EPS. The firm’s revenue for the quarter was up 14.8% on a year-over-year basis.

A number of other analysts have also weighed in on the company. StockNews.com upgraded Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 13th. Raymond James raised their price target on shares of Jones Lang LaSalle from $246.00 to $268.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 25th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Jones Lang LaSalle from $240.00 to $250.00 and gave the company a “market perform” rating in a research report on Thursday, August 8th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Jones Lang LaSalle has an average rating of “Buy” and an average target price of $246.80.

Jones Lang LaSalle Price Performance

Shares of JLL stock opened at $265.34 on Thursday. The stock has a 50 day moving average price of $262.71 and a 200 day moving average price of $231.27. Jones Lang LaSalle has a 52-week low of $136.83 and a 52-week high of $288.50. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.58 and a current ratio of 2.58. The firm has a market capitalization of $12.59 billion, a P/E ratio of 26.83 and a beta of 1.37.

Institutional Trading of Jones Lang LaSalle

A number of hedge funds have recently added to or reduced their stakes in the business. EdgePoint Investment Group Inc. raised its holdings in shares of Jones Lang LaSalle by 27.3% in the 1st quarter. EdgePoint Investment Group Inc. now owns 2,072,046 shares of the financial services provider’s stock valued at $404,235,000 after purchasing an additional 443,992 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Jones Lang LaSalle by 1.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,472,703 shares of the financial services provider’s stock worth $302,318,000 after buying an additional 26,814 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Jones Lang LaSalle by 20.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,049,392 shares of the financial services provider’s stock worth $215,419,000 after buying an additional 181,246 shares during the period. Boston Trust Walden Corp increased its holdings in shares of Jones Lang LaSalle by 1.2% in the 2nd quarter. Boston Trust Walden Corp now owns 672,994 shares of the financial services provider’s stock valued at $138,152,000 after acquiring an additional 7,698 shares during the period. Finally, Swedbank AB bought a new position in shares of Jones Lang LaSalle in the 1st quarter worth $97,018,000. 94.80% of the stock is owned by hedge funds and other 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.