Zacks Research Issues Optimistic Forecast for JLL Earnings

Key Points

• Zacks Research raised its Q2 2027 EPS forecast for Jones Lang LaSalle to $5.49 from $5.47, while maintaining a “Hold” rating. The full-year consensus estimate is $25.18 per share.
• JLL’s latest quarterly results exceeded expectations, with EPS of $5.26 versus the $4.56 consensus and revenue of $6.93 billion. Revenue increased 10.8% year over year.
• Analyst sentiment remains broadly positive, with MarketBeat reporting a “Moderate Buy” average rating and a consensus price target of $433.60, despite some firms retaining equal-weight or market-perform ratings.

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Investment analysts at Zacks Research upped their Q2 2027 EPS estimates for Jones Lang LaSalle in a research note issued on Wednesday, September 30th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $5.49 for the quarter, up from their prior forecast of $5.47. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $25.18 per share. Zacks Research also issued estimates for Jones Lang LaSalle's Q3 2028 earnings at $7.70 EPS.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last released its earnings results on Thursday, July 30th. The financial services provider reported $5.26 EPS for the quarter, topping the consensus estimate of $4.56 by $0.70. Jones Lang LaSalle had a return on equity of 13.99% and a net margin of 3.64%.The business had revenue of $6.93 billion during the quarter, compared to analysts' expectations of $6.88 billion. During the same quarter last year, the firm posted $3.30 earnings per share. The firm's revenue was up 10.8% on a year-over-year basis.

A number of other research analysts also recently issued reports on the stock. Barclays boosted their target price on shares of Jones Lang LaSalle from $368.00 to $401.00 and gave the company an "equal weight" rating in a research report on Monday, August 17th. Keefe, Bruyette & Woods upped their price objective on shares of Jones Lang LaSalle from $375.00 to $415.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Weiss Ratings raised shares of Jones Lang LaSalle from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, August 18th. Citigroup restated a "market perform" rating on shares of Jones Lang LaSalle in a research note on Thursday, September 17th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating and set a $500.00 price target on shares of Jones Lang LaSalle in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $433.60.

Jones Lang LaSalle Price Performance

Jones Lang LaSalle stock opened at $307.52 on Friday. The stock has a market capitalization of $14.09 billion, a price-to-earnings ratio of 14.73 and a beta of 1.30. Jones Lang LaSalle has a 52-week low of $259.83 and a 52-week high of $393.84. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.40 and a current ratio of 2.40. The stock's 50 day moving average price is $353.42 and its two-hundred day moving average price is $326.25.

Insider Buying and Selling at Jones Lang LaSalle

In other news, CEO Christian Ulbrich sold 2,000 shares of Jones Lang LaSalle stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $385.53, for a total transaction of $771,060.00. Following the completion of the transaction, the chief executive officer directly owned 138,418 shares in the company, valued at $53,364,291.54. This trade represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,000 shares of company stock valued at $2,271,060 over the last 90 days. 0.91% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Jones Lang LaSalle

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of Jones Lang LaSalle in the second quarter worth approximately $1,446,414,000. Norges Bank purchased a new position in shares of Jones Lang LaSalle during the fourth quarter valued at approximately $194,950,000. Principal Financial Group Inc. lifted its stake in Jones Lang LaSalle by 279.6% during the 1st quarter. Principal Financial Group Inc. now owns 429,418 shares of the financial services provider's stock valued at $130,683,000 after acquiring an additional 316,299 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Jones Lang LaSalle by 22.3% in the 4th quarter. Blair William & Co. IL now owns 346,764 shares of the financial services provider's stock worth $116,676,000 after acquiring an additional 63,272 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Jones Lang LaSalle by 1.3% in the first quarter. Bank of America Corp DE now owns 303,446 shares of the financial services provider's stock valued at $92,345,000 after purchasing an additional 3,985 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Jones Lang LaSalle News Roundup

Here are the key news stories impacting Jones Lang LaSalle this week:

• Positive Sentiment: Zacks raised earnings estimates across multiple periods. Forecasts increased for Q3 2026 to $5.78 per share, FY2026 to $24.70, FY2027 to $27.30, and FY2028 to $31.41. Estimates were also lifted for several quarterly periods, including Q4 2026, Q1 2027, Q3 and Q4 2027, and Q1-Q3 2028. The broad-based upward revisions indicate slightly stronger expected earnings momentum for JLL. JLL Stock Gets Stronger EPS Forecast from Zacks Research
• Positive Sentiment: JLL Income Property Trust acquired a Worcester distribution center. The transaction expands the trust’s industrial real-estate portfolio and may support longer-term asset growth, although the direct effect on parent-company earnings is likely limited. JLL Income Property Trust Acquires Worcester Distribution Center
• Neutral Sentiment: JLL announced a CEO transition for its technology division. The leadership change could affect the division’s strategic direction, but the available announcement provides no details indicating an immediate financial impact. JLL Announces CEO Transition for Technology Division
• Neutral Sentiment: The repeated estimate increases are relatively small, and Zacks’ unchanged Hold rating suggests the revisions are supportive but not strong enough to signal a decisive change in the investment case.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated NYSE: JLL is a global commercial real estate services and investment management company headquartered in Chicago, Illinois. The company provides real estate expertise to corporate, institutional and private clients across office, industrial, retail, residential, hotel and other property sectors.

JLL's services include leasing, property and facilities management, capital markets advisory, investment sales, valuation, development and project management, workplace consulting, and strategic real estate advice.

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