Zacks Research Issues Pessimistic Estimate for JLL Earnings

Jones Lang LaSalle Incorporated (NYSE:JLLFree Report) – Stock analysts at Zacks Research cut their Q1 2026 earnings per share estimates for shares of Jones Lang LaSalle in a research report issued to clients and investors on Tuesday, June 24th. Zacks Research analyst R. Fatarpekar now expects that the financial services provider will post earnings of $2.70 per share for the quarter, down from their previous estimate of $2.77. The consensus estimate for Jones Lang LaSalle’s current full-year earnings is $16.45 per share.

A number of other research analysts have also commented on the company. Keefe, Bruyette & Woods decreased their price objective on Jones Lang LaSalle from $325.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday, April 17th. Wall Street Zen cut Jones Lang LaSalle from a “strong-buy” rating to a “buy” rating in a report on Tuesday, May 13th. Citigroup cut their target price on shares of Jones Lang LaSalle from $275.00 to $240.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 28th. UBS Group dropped their price target on shares of Jones Lang LaSalle from $340.00 to $305.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Jones Lang LaSalle from $327.00 to $285.00 and set an “overweight” rating on the stock in a research note on Thursday, April 10th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $305.00.

Read Our Latest Stock Analysis on Jones Lang LaSalle

Jones Lang LaSalle Price Performance

Shares of JLL stock opened at $257.32 on Friday. Jones Lang LaSalle has a 1 year low of $194.36 and a 1 year high of $288.50. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.17. The firm’s 50 day moving average is $230.78 and its 200-day moving average is $246.75. The firm has a market capitalization of $12.21 billion, a price-to-earnings ratio of 23.27 and a beta of 1.31.

Jones Lang LaSalle (NYSE:JLLGet Free Report) last released its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.29. Jones Lang LaSalle had a return on equity of 10.37% and a net margin of 2.23%. The business had revenue of $5.75 billion during the quarter, compared to analysts’ expectations of $5.65 billion. During the same period in the previous year, the business posted $1.78 earnings per share. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year.

Institutional Investors Weigh In On Jones Lang LaSalle

Institutional investors have recently added to or reduced their stakes in the stock. Private Trust Co. NA grew its holdings in shares of Jones Lang LaSalle by 112.0% during the fourth quarter. Private Trust Co. NA now owns 106 shares of the financial services provider’s stock worth $27,000 after buying an additional 56 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Jones Lang LaSalle in the first quarter valued at approximately $33,000. SVB Wealth LLC bought a new stake in shares of Jones Lang LaSalle in the first quarter worth $38,000. Western Pacific Wealth Management LP acquired a new position in Jones Lang LaSalle during the first quarter worth $41,000. Finally, Principal Securities Inc. grew its position in Jones Lang LaSalle by 166.7% in the fourth quarter. Principal Securities Inc. now owns 176 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 110 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Jones Lang LaSalle news, CEO Andrew W. Poppink sold 275 shares of Jones Lang LaSalle stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $237.97, for a total value of $65,441.75. Following the transaction, the chief executive officer now owns 10,297 shares of the company’s stock, valued at approximately $2,450,377.09. The trade was a 2.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.91% of the company’s stock.

Jones Lang LaSalle Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Jones Lang LaSalle (NYSE:JLL)

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