Headlines about Jones Lang LaSalle (NYSE:JLL) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Jones Lang LaSalle earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.657288456761 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
NYSE:JLL opened at $169.48 on Thursday. The company has a market cap of $7.59 billion, a P/E ratio of 18.50, a PEG ratio of 1.46 and a beta of 1.67. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.29. Jones Lang LaSalle has a 1-year low of $115.71 and a 1-year high of $178.75.
Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings results on Tuesday, May 8th. The financial services provider reported $0.97 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.37. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Jones Lang LaSalle had a return on equity of 13.67% and a net margin of 2.87%. The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same period last year, the firm posted $0.45 EPS. equities research analysts forecast that Jones Lang LaSalle will post 10.37 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, June 15th. Investors of record on Friday, May 18th were issued a dividend of $0.41 per share. This is a boost from Jones Lang LaSalle’s previous quarterly dividend of $0.33. This represents a $1.64 annualized dividend and a yield of 0.97%. The ex-dividend date was Thursday, May 17th. Jones Lang LaSalle’s dividend payout ratio (DPR) is presently 8.95%.
Several research analysts have recently commented on the company. ValuEngine downgraded Jones Lang LaSalle from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 29th. Zacks Investment Research upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $198.00 target price for the company in a research note on Wednesday, May 9th. Goldman Sachs Group started coverage on Jones Lang LaSalle in a report on Tuesday, April 3rd. They set a “neutral” rating and a $176.00 price target for the company. JPMorgan Chase & Co. lifted their price target on Jones Lang LaSalle from $169.00 to $193.00 and gave the stock an “overweight” rating in a report on Tuesday, March 27th. Finally, Barclays lifted their price target on Jones Lang LaSalle from $170.00 to $175.00 and gave the stock an “overweight” rating in a report on Tuesday, March 6th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $167.63.
In other Jones Lang LaSalle news, CEO Greg O’brien sold 10,395 shares of Jones Lang LaSalle stock in a transaction on Thursday, May 17th. The stock was sold at an average price of $168.57, for a total value of $1,752,285.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark Ohringer sold 245 shares of Jones Lang LaSalle stock in a transaction on Monday, May 21st. The shares were sold at an average price of $171.49, for a total value of $42,015.05. Following the completion of the transaction, the executive vice president now directly owns 11,167 shares of the company’s stock, valued at $1,915,028.83. The disclosure for this sale can be found here. Company insiders own 0.63% of the company’s stock.
Jones Lang LaSalle Company Profile
Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. It offers a range of real estate services, including agency leasing, project and development management/construction, capital markets, property management, corporate finance, real estate investment banking/merchant banking, energy and sustainability, research, facility management outsourcing, strategic consulting, technology solutions, advisory, investment management, tenant representation, lease administration, transaction management, logistics and supply-chain management, valuations, and mortgage origination and servicing.
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