Zacks Research Issues Optimistic Forecast for JLL Earnings

Key Points

• Zacks Research raised its FY2026 EPS forecast for JLL to $24.63 from $22.58, slightly above the $24.59 consensus estimate, while maintaining a “Hold” rating.
• JLL’s latest quarterly results exceeded expectations, with EPS of $5.26 versus $4.56 expected and revenue of $6.93 billion, up 10.8% year over year.
• Analyst sentiment is broadly positive, with a “Moderate Buy” consensus rating and an average price target of $423.33; shares recently opened at $387.68 near their 12-month high.

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Zacks Research boosted their FY2026 EPS estimates for shares of Jones Lang LaSalle in a report released on Thursday, August 20th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $24.63 per share for the year, up from their prior forecast of $22.58. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $24.59 per share. Zacks Research also issued estimates for Jones Lang LaSalle's Q4 2026 earnings at $10.19 EPS, Q2 2027 earnings at $5.47 EPS, Q3 2027 earnings at $7.03 EPS, Q4 2027 earnings at $10.75 EPS, FY2027 earnings at $27.18 EPS, Q2 2028 earnings at $6.81 EPS and FY2028 earnings at $31.25 EPS.

JLL has been the subject of a number of other reports. Keefe, Bruyette & Woods increased their price target on Jones Lang LaSalle from $375.00 to $415.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. Weiss Ratings upgraded Jones Lang LaSalle from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, August 18th. Raymond James Financial reaffirmed a "strong-buy" rating and set a $500.00 target price on shares of Jones Lang LaSalle in a research note on Thursday, July 30th. Finally, Barclays lifted their target price on Jones Lang LaSalle from $368.00 to $401.00 and gave the stock an "equal weight" rating in a report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $423.33.

Jones Lang LaSalle Price Performance

Shares of NYSE:JLL opened at $387.68 on Monday. The stock has a market cap of $17.84 billion, a price-to-earnings ratio of 18.58 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.40 and a quick ratio of 2.40. Jones Lang LaSalle has a 12 month low of $259.83 and a 12 month high of $393.84. The stock's 50 day moving average price is $335.69 and its 200 day moving average price is $318.94.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted 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 net margin of 3.64% and a return on equity of 13.99%. The firm had revenue of $6.93 billion during the quarter, compared to analysts' expectations of $6.88 billion. During the same quarter in the prior year, the firm earned $3.30 EPS. Jones Lang LaSalle's quarterly revenue was up 10.8% on a year-over-year basis.

Insider Activity at Jones Lang LaSalle

In other Jones Lang LaSalle news, Director Larry Quinlan sold 403 shares of the company's stock in a transaction on Friday, June 5th. The stock was sold at an average price of $295.14, for a total value of $118,941.42. Following the transaction, the director owned 4,771 shares of the company's stock, valued at approximately $1,408,112.94. This represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Christian Ulbrich sold 2,000 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $385.53, for a total value of $771,060.00. Following the sale, the chief executive officer owned 138,418 shares of the company's stock, valued at $53,364,291.54. This trade represents a 1.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 6,805 shares of company stock worth $2,511,297. 0.91% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Jones Lang LaSalle

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Assetmark Inc. boosted its stake in Jones Lang LaSalle by 15.8% in the fourth quarter. Assetmark Inc. now owns 220 shares of the financial services provider's stock valued at $74,000 after acquiring an additional 30 shares during the last quarter. Hilton Head Capital Partners LLC lifted its stake in shares of Jones Lang LaSalle by 40.4% in the 1st quarter. Hilton Head Capital Partners LLC now owns 146 shares of the financial services provider's stock valued at $44,000 after purchasing an additional 42 shares during the period. UMB Bank n.a. lifted its stake in shares of Jones Lang LaSalle by 10.6% in the 4th quarter. UMB Bank n.a. now owns 490 shares of the financial services provider's stock valued at $165,000 after purchasing an additional 47 shares during the period. Ballentine Partners LLC boosted its position in shares of Jones Lang LaSalle by 5.3% in the 4th quarter. Ballentine Partners LLC now owns 951 shares of the financial services provider's stock worth $320,000 after purchasing an additional 48 shares during the last quarter. Finally, Root Financial Partners LLC grew its stake in shares of Jones Lang LaSalle by 27.4% during the first quarter. Root Financial Partners LLC now owns 223 shares of the financial services provider's stock worth $68,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 94.80% of the company's stock.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated NYSE: JLL is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.

Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.

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