Q4 EPS Estimate for Jones Lang LaSalle Increased by Analyst

Jones Lang LaSalle Incorporated (NYSE:JLL) – Investment analysts at Zacks Research increased their Q4 2024 earnings per share (EPS) estimates for Jones Lang LaSalle in a report released on Wednesday, November 27th. Zacks Research analyst R. Fatarpekar now anticipates that the financial services provider will earn $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 recently issued reports about the stock. Wolfe Research raised shares of Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 target price for the company in a research note on Monday, November 25th. Keefe, Bruyette & Woods lifted their price objective on shares of Jones Lang LaSalle from $280.00 to $292.00 and gave the company a “market perform” rating in a research report on Tuesday, November 12th. 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. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Jones Lang LaSalle presently has a consensus rating of “Buy” and an average price target of $271.50.

Jones Lang LaSalle Price Performance

Shares of NYSE JLL opened at $280.60 on Monday. The business has a 50-day moving average of $267.69 and a 200-day moving average of $240.83. Jones Lang LaSalle has a fifty-two week low of $154.43 and a fifty-two week high of $288.50. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.29. The stock has a market capitalization of $13.31 billion, a price-to-earnings ratio of 28.37 and a beta of 1.37.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $3.50 earnings per share for the quarter, topping 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 company had revenue of $5.87 billion during the quarter, compared to analysts’ expectations of $5.62 billion. During the same period last year, the business earned $2.01 EPS. The business’s quarterly revenue was up 14.8% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. grew its holdings in shares of Jones Lang LaSalle by 433.3% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 11,546 shares of the financial services provider’s stock worth $2,370,000 after purchasing an additional 9,381 shares in the last quarter. BDF Gestion bought a new position in shares of Jones Lang LaSalle in the 2nd quarter valued at $3,550,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Jones Lang LaSalle by 782.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,113 shares of the financial services provider’s stock worth $1,871,000 after buying an additional 8,080 shares in the last quarter. Comerica Bank lifted its position in shares of Jones Lang LaSalle by 24.5% during the 1st quarter. Comerica Bank now owns 26,681 shares of the financial services provider’s stock worth $5,205,000 after buying an additional 5,255 shares during the last quarter. Finally, CWA Asset Management Group LLC acquired a new stake in Jones Lang LaSalle in the third quarter valued at about $1,689,000. 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.