Q1 EPS Estimate for Jones Lang LaSalle Lowered by Analyst

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Investment analysts at Zacks Research lowered their Q1 2027 earnings estimates for shares of Jones Lang LaSalle in a note issued to investors on Wednesday, May 28th. Zacks Research analyst R. Fatarpekar now forecasts that the financial services provider will post earnings per share of $4.28 for the quarter, down from their previous estimate of $4.42. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $16.45 per share.

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

Jones Lang LaSalle Stock Performance

Jones Lang LaSalle stock remained flat at $222.66 during midday trading on Friday. The company's stock had a trading volume of 519,055 shares, compared to its average volume of 329,921. Jones Lang LaSalle has a 12 month low of $194.36 and a 12 month high of $288.50. The company has a quick ratio of 2.29, a current ratio of 2.00 and a debt-to-equity ratio of 0.12. The company's fifty day simple moving average is $225.78 and its 200 day simple moving average is $251.24. The company has a market capitalization of $10.57 billion, a price-to-earnings ratio of 19.72 and a beta of 1.33.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $2.31 EPS for the quarter, beating analysts' consensus estimates of $2.02 by $0.29. The firm had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.65 billion. Jones Lang LaSalle had a net margin of 2.33% and a return on equity of 10.20%. The firm's revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.78 earnings per share.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Private Trust Co. NA raised its position in shares of Jones Lang LaSalle by 112.0% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the financial services provider's stock worth $27,000 after purchasing an additional 56 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Jones Lang LaSalle in the first quarter worth $33,000. R Squared Ltd acquired a new position in Jones Lang LaSalle in the 4th quarter valued at about $35,000. SVB Wealth LLC acquired a new position in Jones Lang LaSalle in the 1st quarter valued at about $38,000. Finally, Western Pacific Wealth Management LP acquired a new position in Jones Lang LaSalle in the 1st quarter valued at about $41,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

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.