Q2 EPS Estimate for Jones Lang LaSalle Boosted by Analyst

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for shares of Jones Lang LaSalle in a report released on Tuesday, June 24th. Zacks Research analyst R. Fatarpekar now anticipates that the financial services provider will post earnings of $4.35 per share for the quarter, up from their prior forecast of $4.31. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $16.45 per share. Zacks Research also issued estimates for Jones Lang LaSalle's Q3 2026 earnings at $5.82 EPS, Q4 2026 earnings at $6.89 EPS, FY2026 earnings at $19.76 EPS, Q1 2027 earnings at $4.37 EPS and FY2027 earnings at $22.59 EPS.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last released its earnings results on Wednesday, May 7th. The financial services provider reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.29. The business had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.65 billion. Jones Lang LaSalle had a return on equity of 10.37% and a net margin of 2.23%. The business's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the company earned $1.78 earnings per share.

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

Jones Lang LaSalle Trading Down 2.5%

Shares of JLL opened at $244.59 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $11.61 billion, a price-to-earnings ratio of 22.11 and a beta of 1.31. The company has a 50-day moving average of $228.98 and a 200 day moving average of $246.96. Jones Lang LaSalle has a 1-year low of $194.36 and a 1-year high of $288.50.

Institutional Investors Weigh In On Jones Lang LaSalle

Institutional investors have recently bought and sold shares of the company. Tidal Investments LLC lifted its holdings in shares of Jones Lang LaSalle by 4.7% during the 4th quarter. Tidal Investments LLC now owns 846 shares of the financial services provider's stock valued at $214,000 after purchasing an additional 38 shares during the last quarter. Ellevest Inc. raised its stake in Jones Lang LaSalle by 3.7% in the fourth quarter. Ellevest Inc. now owns 1,326 shares of the financial services provider's stock valued at $336,000 after buying an additional 47 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Jones Lang LaSalle by 25.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 250 shares of the financial services provider's stock worth $62,000 after acquiring an additional 50 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of Jones Lang LaSalle by 0.4% during the fourth quarter. Bessemer Group Inc. now owns 12,096 shares of the financial services provider's stock worth $3,062,000 after acquiring an additional 50 shares during the last quarter. Finally, Hancock Whitney Corp increased its holdings in shares of Jones Lang LaSalle by 1.3% during the fourth quarter. Hancock Whitney Corp now owns 4,289 shares of the financial services provider's stock valued at $1,086,000 after acquiring an additional 55 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Andrew W. Poppink sold 275 shares of the business's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $237.97, for a total transaction of $65,441.75. Following the completion of the transaction, the chief executive officer now owns 10,297 shares in the company, valued at $2,450,377.09. The trade was a 2.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.91% of the stock is currently owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.