Jones Lang LaSalle (JLL) Earning Somewhat Favorable Press Coverage, Analysis Finds
Headlines about Jones Lang LaSalle (NYSE:JLL) have trended somewhat positive recently, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jones Lang LaSalle earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 47.072542208819 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have effected Accern’s scoring:
- Jones Lang LaSalle Incorporated (JLL) Plans Semi-Annual Dividend of $0.37 (americanbankingnews.com)
- BRIEF-Jones Lang LaSalle reports Q3 earnings per share $1.89 (JLL) (markets.businessinsider.com)
- Jones Lang LaSalle Posts A Surge In Q3 Profit (nasdaq.com)
Shares of Jones Lang LaSalle (NYSE JLL) opened at $142.50 on Wednesday. Jones Lang LaSalle has a 52-week low of $87.56 and a 52-week high of $144.04. The firm has a market capitalization of $6,304.57, a price-to-earnings ratio of 16.99, a PEG ratio of 1.58 and a beta of 1.85. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.97 and a current ratio of 1.97.
Jones Lang LaSalle (NYSE:JLL) last released its earnings results on Monday, November 6th. The financial services provider reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.41. Jones Lang LaSalle had a return on equity of 12.82% and a net margin of 4.52%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period last year, the company earned $1.42 earnings per share. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. equities research analysts predict that Jones Lang LaSalle will post 8.01 EPS for the current year.
The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 16th will be given a dividend of $0.37 per share. This represents a dividend yield of 0.52%. This is an increase from Jones Lang LaSalle’s previous Semi-Annual dividend of $0.35. The ex-dividend date of this dividend is Wednesday, November 15th. Jones Lang LaSalle’s dividend payout ratio (DPR) is 9.38%.
A number of research firms have recently commented on JLL. TheStreet upgraded Jones Lang LaSalle from a “c+” rating to a “b-” rating in a research report on Wednesday, August 2nd. UBS AG assumed coverage on Jones Lang LaSalle in a research report on Wednesday, July 26th. They set a “neutral” rating and a $134.00 target price for the company. ValuEngine downgraded Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $132.00 price target on shares of Jones Lang LaSalle in a research report on Thursday, August 3rd. Finally, BidaskClub downgraded Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $133.57.
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In other news, Director Sheila A. Penrose sold 1,000 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $123.07, for a total transaction of $123,070.00. Following the transaction, the director now owns 46,417 shares in the company, valued at $5,712,540.19. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.72% of the company’s stock.
About Jones Lang LaSalle
Jones Lang LaSalle Incorporated (JLL) is a financial and professional services company specializing in real estate. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It offers integrated services on a local, regional and global basis to owner, occupier, investor and developer clients.
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