Q4 EPS Forecast for Jones Lang LaSalle Lifted by Analyst

Jones Lang LaSalle Incorporated (NYSE:JLL) – Analysts at Zacks Research lifted their Q4 2024 earnings per share estimates for Jones Lang LaSalle in a research note issued on Wednesday, January 29th. Zacks Research analyst R. Fatarpekar now expects that the financial services provider will post earnings per share of $5.64 for the quarter, up from their prior estimate of $5.63. The consensus estimate for Jones Lang LaSalle’s current full-year earnings is $13.60 per share. Zacks Research also issued estimates for Jones Lang LaSalle’s Q4 2025 earnings at $6.53 EPS, FY2025 earnings at $16.10 EPS, Q1 2026 earnings at $3.61 EPS, Q3 2026 earnings at $4.75 EPS, Q4 2026 earnings at $6.52 EPS and FY2026 earnings at $19.29 EPS.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.67 by $0.83. The firm had revenue of $5.87 billion during the quarter, compared to analysts’ expectations of $5.62 billion. Jones Lang LaSalle had a net margin of 2.12% and a return on equity of 8.95%. Jones Lang LaSalle’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.01 earnings per share.

A number of other equities analysts have also issued reports on JLL. The Goldman Sachs Group began coverage on shares of Jones Lang LaSalle in a research report on Friday, December 6th. They set a “buy” rating and a $352.00 target price on the stock. Keefe, Bruyette & Woods raised shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $292.00 to $325.00 in a research report on Tuesday, December 10th. Raymond James lifted their target price on Jones Lang LaSalle from $317.00 to $320.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 24th. JPMorgan Chase & Co. upped their price target on Jones Lang LaSalle from $263.00 to $327.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Finally, Wolfe Research upgraded Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 price objective on the stock in a research report on Monday, November 25th. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Jones Lang LaSalle currently has an average rating of “Buy” and a consensus target price of $309.00.

Jones Lang LaSalle Price Performance

Shares of NYSE:JLL opened at $283.43 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average price of $264.85 and a 200 day moving average price of $258.90. The company has a market cap of $13.45 billion, a price-to-earnings ratio of 28.66 and a beta of 1.36. Jones Lang LaSalle has a twelve month low of $168.36 and a twelve month high of $288.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of JLL. FMR LLC raised its stake in shares of Jones Lang LaSalle by 15.0% in the third quarter. FMR LLC now owns 3,530,720 shares of the financial services provider’s stock worth $952,624,000 after acquiring an additional 459,466 shares during the last quarter. SG Americas Securities LLC raised its position in Jones Lang LaSalle by 7,967.8% in the 4th quarter. SG Americas Securities LLC now owns 279,065 shares of the financial services provider’s stock worth $70,643,000 after purchasing an additional 275,606 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Jones Lang LaSalle by 167,988.5% during the 3rd quarter. International Assets Investment Management LLC now owns 146,237 shares of the financial services provider’s stock worth $39,456,000 after buying an additional 146,150 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Jones Lang LaSalle by 688.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 130,752 shares of the financial services provider’s stock valued at $32,603,000 after buying an additional 114,168 shares during the period. Finally, Artemis Investment Management LLP raised its position in shares of Jones Lang LaSalle by 43.0% during the third quarter. Artemis Investment Management LLP now owns 331,514 shares of the financial services provider’s stock worth $89,446,000 after acquiring an additional 99,613 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

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.