Zacks Research Issues Optimistic Outlook for JLL Earnings

Key Points

• Zacks Research raised its Q3 2026 earnings estimate for Jones Lang LaSalle to $5.75 per share from $5.45, while maintaining a “Hold” rating. Analysts’ consensus view remains “Moderate Buy,” with an average price target of $423.33.
• JLL’s latest quarterly results exceeded expectations, reporting $5.26 EPS versus the $4.56 consensus and $6.93 billion in revenue. Revenue increased 10.8% year over year.
• JLL shares opened at $384.84, near their 12-month high of $393.84, while institutional investors own 94.8% of the stock. Insiders sold $2.51 million worth of shares over the past three months, including a sale by CEO Christian Ulbrich under a pre-arranged trading plan.

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Stock analysts at Zacks Research boosted their Q3 2026 earnings estimates for Jones Lang LaSalle in a research report issued to clients and investors on Thursday, August 20th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $5.75 per share for the quarter, up from their previous estimate of $5.45. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $24.18 per share. Zacks Research also issued estimates for Jones Lang LaSalle's Q1 2027 earnings at $3.93 EPS and Q1 2028 earnings at $5.43 EPS.

Several other research analysts have also recently weighed in on JLL. Keefe, Bruyette & Woods boosted their price target on Jones Lang LaSalle from $375.00 to $415.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. Raymond James Financial reissued a "strong-buy" rating and issued a $500.00 target price on shares of Jones Lang LaSalle in a research report on Thursday, July 30th. Barclays raised their price target on shares of Jones Lang LaSalle from $368.00 to $401.00 and gave the company an "equal weight" rating in a report on Monday. Finally, Weiss Ratings upgraded shares of Jones Lang LaSalle from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $423.33.

Jones Lang LaSalle Stock Performance

JLL stock opened at $384.84 on Friday. The stock's 50 day simple moving average is $333.92 and its 200 day simple moving average is $318.70. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.15. Jones Lang LaSalle has a 12-month low of $259.83 and a 12-month high of $393.84. The stock has a market capitalization of $17.71 billion, a PE ratio of 18.44 and a beta of 1.25.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $5.26 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $6.88 billion. During the same quarter in the prior year, the company posted $3.30 earnings per share. The business's revenue for the quarter was up 10.8% on a year-over-year basis.

Insider Activity

In other news, CEO Christian Ulbrich sold 2,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 140,418 shares in the company, valued at $54,135,351.54. This represents a 1.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Larry Quinlan sold 403 shares of the business's stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $295.14, for a total transaction of $118,941.42. Following the sale, the director owned 4,771 shares of the company's stock, valued at $1,408,112.94. This trade represents a 7.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,805 shares of company stock worth $2,511,297 over the last three months. Insiders own 0.91% of the company's stock.

Institutional Investors Weigh In On Jones Lang LaSalle

Hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new position in Jones Lang LaSalle during the second quarter valued at $1,446,414,000. Price T Rowe Associates Inc. MD raised its stake in shares of Jones Lang LaSalle by 17.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,180,514 shares of the financial services provider's stock worth $397,209,000 after buying an additional 178,677 shares during the period. Swedbank AB lifted its position in shares of Jones Lang LaSalle by 0.5% during the 4th quarter. Swedbank AB now owns 993,742 shares of the financial services provider's stock valued at $334,364,000 after buying an additional 4,543 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Jones Lang LaSalle by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 990,836 shares of the financial services provider's stock valued at $333,451,000 after buying an additional 15,995 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of Jones Lang LaSalle by 426.7% during the 4th quarter. AQR Capital Management LLC now owns 899,625 shares of the financial services provider's stock valued at $302,697,000 after acquiring an additional 728,824 shares during the period. Institutional investors own 94.80% of the company's stock.

Jones Lang LaSalle Company Profile

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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