Zacks Research Issues Pessimistic Outlook for JLL Earnings

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Research analysts at Zacks Research lowered their Q1 2026 earnings estimates for Jones Lang LaSalle in a report released on Tuesday, June 24th. Zacks Research analyst R. Fatarpekar now forecasts that the financial services provider will post earnings per share of $2.70 for the quarter, down from their previous estimate of $2.77. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $16.45 per share.

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

Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. decreased their target price on Jones Lang LaSalle from $327.00 to $285.00 and set an "overweight" rating for the company in a report on Thursday, April 10th. Keefe, Bruyette & Woods decreased their price objective on shares of Jones Lang LaSalle from $325.00 to $280.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. Citigroup cut their target price on shares of Jones Lang LaSalle from $275.00 to $240.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 28th. UBS Group decreased their price target on shares of Jones Lang LaSalle from $340.00 to $305.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Finally, Wall Street Zen lowered Jones Lang LaSalle from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, May 13th. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $305.00.

Jones Lang LaSalle Trading Down 0.2%

JLL stock traded down $0.60 during trading on Friday, reaching $256.36. 185,404 shares of the stock traded hands, compared to its average volume of 345,106. The firm has a market capitalization of $12.17 billion, a PE ratio of 23.18 and a beta of 1.31. 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 business's 50 day moving average price is $230.78 and its 200-day moving average price is $246.35. Jones Lang LaSalle has a 52-week low of $194.36 and a 52-week high of $311.43.

Institutional Investors Weigh In On Jones Lang LaSalle

Several hedge funds have recently bought and sold shares of JLL. Private Trust Co. NA increased its holdings in Jones Lang LaSalle by 112.0% during the fourth quarter. Private Trust Co. NA now owns 106 shares of the financial services provider's stock worth $27,000 after buying an additional 56 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in Jones Lang LaSalle during the 1st quarter valued at $33,000. SVB Wealth LLC bought a new position in shares of Jones Lang LaSalle in the first quarter valued at about $38,000. Western Pacific Wealth Management LP bought a new position in Jones Lang LaSalle in the 1st quarter valued at about $41,000. Finally, Principal Securities Inc. increased its stake in shares of Jones Lang LaSalle by 166.7% during the fourth quarter. Principal Securities Inc. now owns 176 shares of the financial services provider's stock worth $45,000 after purchasing an additional 110 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Andrew W. Poppink sold 275 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $237.97, for a total value of $65,441.75. Following the transaction, the chief executive officer now owns 10,297 shares of the company's stock, valued at $2,450,377.09. This represents a 2.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.91% of the company's stock.

About Jones Lang LaSalle

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.