Zacks Research Issues Pessimistic Forecast for JLL Earnings

Jones Lang LaSalle Incorporated (NYSE:JLLFree Report) – Equities researchers at Zacks Research cut their Q2 2026 earnings per share (EPS) estimates for Jones Lang LaSalle in a research note issued to investors on Wednesday, January 15th. Zacks Research analyst R. Fatarpekar now forecasts that the financial services provider will earn $4.41 per share for the quarter, down from their previous forecast of $4.42. The consensus estimate for Jones Lang LaSalle’s current full-year earnings is $13.60 per share.

Jones Lang LaSalle (NYSE:JLLGet Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $5.62 billion. During the same period in the prior year, the firm posted $2.01 EPS. The company’s quarterly revenue was up 14.8% on a year-over-year basis.

Several other equities research analysts have also commented on the company. The Goldman Sachs Group began coverage on 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 raised their price objective for the stock from $292.00 to $325.00 in a research report on Tuesday, December 10th. Wolfe Research raised shares of Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 target price on the stock in a research note on Monday, November 25th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Jones Lang LaSalle from $263.00 to $327.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Six equities 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 data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $301.57.

Check Out Our Latest Analysis on Jones Lang LaSalle

Jones Lang LaSalle Stock Performance

Shares of Jones Lang LaSalle stock opened at $261.62 on Monday. The business has a 50-day moving average price of $261.97 and a two-hundred day moving average price of $255.43. Jones Lang LaSalle has a 1-year low of $168.13 and a 1-year high of $288.50. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.16. The company has a market cap of $12.41 billion, a P/E ratio of 26.45 and a beta of 1.36.

Hedge Funds Weigh In On Jones Lang LaSalle

A number of hedge funds have recently added to or reduced their stakes in JLL. Huntington National Bank lifted its holdings in shares of Jones Lang LaSalle by 22.9% in the third quarter. Huntington National Bank now owns 204 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 38 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its holdings in 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 worth $39,000 after acquiring an additional 39 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of Jones Lang LaSalle by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,375 shares of the financial services provider’s stock worth $371,000 after acquiring an additional 47 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Jones Lang LaSalle by 35.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 51 shares during the last quarter. Finally, First Bank & Trust lifted its position in shares of Jones Lang LaSalle by 2.5% during the third quarter. First Bank & Trust now owns 2,251 shares of the financial services provider’s stock valued at $607,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 94.80% 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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