Q4 EPS Forecast for Jones Lang LaSalle Boosted by Analyst

Jones Lang LaSalle Incorporated (NYSE:JLL) – Investment analysts at Zacks Research raised their Q4 2024 earnings per share (EPS) estimates for shares of Jones Lang LaSalle in a research report issued to clients and investors on Wednesday, November 27th. Zacks Research analyst R. Fatarpekar now anticipates that the financial services provider will post earnings per share of $5.58 for the quarter, up from their previous estimate 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 analysts also recently issued reports about the company. Wolfe Research upgraded 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. StockNews.com upgraded Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a report on Friday, September 13th. Finally, Keefe, Bruyette & Woods increased their target price on Jones Lang LaSalle from $280.00 to $292.00 and gave the company a “market perform” rating in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $271.50.

Jones Lang LaSalle Stock Performance

Jones Lang LaSalle stock opened at $278.15 on Monday. 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 firm’s fifty day moving average price is $267.69 and its 200 day moving average price is $241.06. The company has a market capitalization of $13.20 billion, a price-to-earnings ratio of 28.46 and a beta of 1.37. Jones Lang LaSalle has a 12-month low of $159.52 and a 12-month high of $288.50.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.67 by $0.83. The company had revenue of $5.87 billion for the quarter, compared to analyst estimates of $5.62 billion. Jones Lang LaSalle had a net margin of 2.12% and a return on equity of 8.95%. The business’s quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.01 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Jones Lang LaSalle during the 3rd quarter valued at approximately $34,000. UMB Bank n.a. raised its holdings in shares of Jones Lang LaSalle by 350.0% during the third quarter. UMB Bank n.a. now owns 135 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 105 shares during the period. V Square Quantitative Management LLC acquired a new position in shares of Jones Lang LaSalle in the 3rd quarter valued at about $37,000. Massmutual Trust Co. FSB ADV grew its position in shares of Jones Lang LaSalle by 37.5% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider’s stock valued at $39,000 after buying an additional 39 shares during the last quarter. Finally, Innealta Capital LLC acquired a new stake in Jones Lang LaSalle during the second quarter worth about $34,000. Institutional investors own 94.80% of the company’s stock.

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.