Jones Lang LaSalle Inc. Plans Semiannual Dividend of $0.22 (JLL)
Jones Lang LaSalle (NYSE:JLL) announced a semiannual dividend on Tuesday, October 29th, Analyst RN reports. Stockholders of record on Friday, November 15th will be paid a dividend of $0.22 per share on Friday, December 13th. This represents a dividend yield of 0.46%. The ex-dividend date is Wednesday, November 13th.
A number of analysts have recently weighed in on JLL shares. Analysts at Zacks reiterated an “underperform” rating on shares of Jones Lang LaSalle in a research note to investors on Tuesday. They now have a $77.00 price target on the stock. On the ratings front, analysts at Morgan Stanley initiated coverage on shares of Jones Lang LaSalle in a research note to investors on Thursday, October 10th. They set an “underweight” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of Jones Lang LaSalle from $24.00 to $25.50 in a research note to investors on Thursday, October 10th. They now have a “sell” rating on the stock. Three analysts have rated the stock with a sell rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $81.38.
Jones Lang LaSalle (NYSE:JLL) traded up 12.36% during mid-day trading on Tuesday, hitting $95.55. The stock had a trading volume of 1,283,323 shares. Jones Lang LaSalle has a 52 week low of $70.90 and a 52 week high of $101.46. The stock’s 50-day moving average is $86.86 and its 200-day moving average is $92.95. The company has a market cap of $4.246 billion and a price-to-earnings ratio of 17.71.
Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings data on Monday, October 28th. The company reported $1.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.63 by $0.86. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company posted $1.23 earnings per share. Jones Lang LaSalle’s revenue was up 16.6% compared to the same quarter last year. Analysts expect that Jones Lang LaSalle will post $5.97 EPS for the current fiscal year.
Jones Lang LaSalle Incorporated (NYSE:JLL), is a financial and professional services firm specializing in real estate.
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