Jones Lang LaSalle Incorporated (JLL)
Market Cap | 6.84B |
Revenue (ttm) | 20.55B |
Net Income (ttm) | 308.30M |
Shares Out | 47.76M |
EPS (ttm) | 6.36 |
PE Ratio | 22.53 |
Forward PE | 10.59 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 561,979 |
Open | 146.43 |
Previous Close | 145.80 |
Day's Range | 142.91 - 146.92 |
52-Week Range | 123.00 - 188.61 |
Beta | 1.31 |
Analysts | Buy |
Price Target | 194.00 (+35.41%) |
Earnings Date | Nov 1, 2023 |
About JLL
Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing, tenant representation, property management, advisory, and consulting services; and capital market services, such as equity and debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services. It also... [Read more]
Financial Performance
In 2022, JLL's revenue was $20.86 billion, an increase of 7.72% compared to the previous year's $19.37 billion. Earnings were $654.50 million, a decrease of -31.94%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for JLL stock is "Buy." The 12-month stock price forecast is $194.0, which is an increase of 35.41% from the latest price.
News

JLL arranges $1.3b medical office loan portfolio sale on behalf of Synovus Financial Corp.
JLL's Loan Sales and M&A teams led sales efforts for the medical office portfolio spanning 33 states across the U.S. NEW YORK , Sept. 19, 2023 /PRNewswire/ -- JLL's Capital Markets group announced tod...

Hagens Berman: Antitrust Lawsuit Accuses 18 Property Management Companies and Yardi Systems of Rent Price-Fixing Scheme Affecting Millions of Renters
SEATTLE--(BUSINESS WIRE)---- $JLL #antitrust--A new antitrust class-action lawsuit accuses 18 property companies and Yardi Systems of colluding to fix the cost of rent, according to Hagens Berman.

How Wall Street's REIT giants are reshaping U.S. real estate
Real estate investment trusts buy and manage commercial-scale properties. In recent years, the industry has repositioned for growth in residential housing.

Canyon Partners Provides $174.6 Million Senior Loan for Recapitalization of Nashville Office Tower
NASHVILLE, Tenn. , Aug. 30, 2023 /PRNewswire/ -- Canyon Partners Real Estate LLC ("Canyon") and J.P.

JLL appointed as global real estate facilities manager by Rolls-Royce
Will provide services across Rolls-Royce's real estate portfolio in six countries LONDON , Aug. 29, 2023 /PRNewswire/ -- JLL has been appointed by Rolls-Royce, the multinational power and propulsion b...

JLL Reports Financial Results for Second-Quarter 2023
Resilient business line revenues drove performance as pullback in transaction activity continued into Q2 CHICAGO , Aug. 3, 2023 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today report...

JLL unveils first GPT model for commercial real estate
JLL GPT™ will provide private, secure generative AI model to amplify insights and client outcomes SAN FRANCISCO, Aug. 1, 2023 /PRNewswire/ -- JLL (NYSE: JLL) today announced JLL GPT™, the first large ...

China's property woes offer a window into the demise of the country's boom times
As China's economic recovery continues to underwhelm, observers' sights are turning from the country's intractably weak consumer sector to the more worrying downturn in the enormous Chinese real-estat...

JLL Announces Details of Second Quarter 2023 Earnings Release and Conference Call
CHICAGO , July 11, 2023 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will host a conference call and webcast to discuss second quarter 2023 results on Thursday, August 3, 2023, at 9 a.m...

$425M refinancing secured for Miracle Mile Shops on Las Vegas Strip
JLL's Capital Markets group arranges refinancing for 503,484-square-foot entertainment and retail destination PITTSBURGH , June 28, 2023 /PRNewswire/ -- JLL's Capital Markets group announced today tha...

JLL details progress on sustainability and diversity commitments in 2022 ESG Performance Report
Report highlights achievements in climate action, healthy spaces and inclusive places CHICAGO , June 27, 2023 /PRNewswire/ -- JLL (NYSE: JLL), released its 2022 ESG Performance Report, summarizing sig...

JLL arranges $750M construction loan for a mixed-use project near Harvard University
The Enterprise Research Campus will feature 900,000 square feet of premier lab, residential, hospitality and retail space in Allston, Massachusetts BOSTON , June 22, 2023 /PRNewswire/ -- JLL's Capita...

JLL arranges $354M total capitalization for Long Island City industrial project
The 734,000-square-foot development features a pioneering design unlike any other multi-story industrial product in New York City NEW YORK , June 21, 2023 /PRNewswire/ -- JLL Capital Markets announced...

JLL Foundation supports 15 climate-impacting startups in its first year
Impact investments catalyze efforts to mitigate the effects of climate change and achieve a more sustainable future CHICAGO , June 21, 2023 /PRNewswire/ -- JLL Foundation, a non-profit founded and bac...

JLL Launches CRE Decarbonization Solution
Combines sustainability strategy, services and purpose-built software to help companies achieve their decarbonization goals CHICAGO , June 14, 2023 /PRNewswire/ -- JLL (NYSE: JLL) today announced deca...

JLL arranges $520M capitalization for waterfront mixed-use development in Brooklyn
267 Bond St. / 510 Sackett St . will consist of two towers, 517 residential units and 10,000 square feet of retail in Gowanus, Brooklyn NEW YORK , June 9, 2023 /PRNewswire/ -- JLL's Capital Markets gr...
'The worst is behind us' for office vacancies, says JLL CEO Christian Ulbrich
JLL CEO Christian Ulbrich joins 'Last Call' to discuss the state of remote work and its impact on the commercial real estate market.

JLL Announces Participation in William Blair's 43rd Annual Growth Stock Conference
CHICAGO , June 6, 2023 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) announced today that CEO Christian Ulbrich and CFO Karen Brennan are scheduled to present at William Blair's 43rd Ann...

CSX, Calumet, and 3 Other Investments Pros Say Will Benefit From Underappreciated Trends
Five pros share investment picks based on themes ranging from nearshoring to clean energy.

Central cities are ripe for reinvention in the aftermath of the pandemic
Despite short-term challenges, central business districts are well-positioned to capitalize on their strengths to become resilient, multi-purpose destinations and attract investment CHICAGO , May 25, ...

Debt on trophy office buildings is starting to buckle as loans come due
The financial fallout from half-empty U.S. office buildings has begun to be reflected in prices for bonds backed by luxury office buildings.

JLL arranges $585M refinancing for mixed-use development in Phoenix
The secured loan will help complete the 122-acre Palmeraie development, which includes The Ritz-Carlton Paradise Valley and The Ritz Carlton Residences SAN DIEGO , May 15, 2023 /PRNewswire/ -- JLL's C...

JLL Appoints Yao Morin as Chief Technology Officer
SAN FRANCISCO , May 11, 2023 /PRNewswire/ -- JLL (NYSE: JLL) today announced that effective immediately, Yao Morin will serve as Chief Technology Officer (CTO) – the first to serve in this newly creat...
Debt markets are gradually coming back, says JLL CEO Christian Ulbrich
JLL CEO Christian Ulbrich joins 'Squawk on the Street' to discuss the commercial real estate sector slowdown, real estate market dynamics since Covid, and transitioning office buildings for different ...

JLL arranges $350M capitalization for the construction of trophy residential tower in Long Island City
JLL Capital Markets arranged the debt and equity capitalization for The Italic, a to-be-built, 363-unit property in Long Island City, Queens, New York NEW YORK , May 4, 2023 /PRNewswire/ -- JLL's Capi...