5 Best Real Estate Stocks for 2021

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In this article, we discuss the 5 best real estate stocks for 2021. If you want to read our detailed analysis of the real estate stocks, go directly to the 15 Best Real Estate Stocks for 2021.

5. Jones Lang LaSalle Incorporated (NYSE: JLL)

Number of Hedge Fund Holders: 31

Jones Lang LaSalle Incorporated (NYSE: JLL) is an American commercial real estate services company, which also offers services in investment management. The company was founded in London, U.K. in 1999 and has offices in over 80 countries.

In Q2 2021, Jones Lang LaSalle Incorporated (NYSE: JLL) reported an EPS of $4.20, beating the estimates by $2.47. The company generated revenue of $4.5 billion, up from $3.6 billion during the prior-year quarter. Real estate services accounted for $4.3 billion of the gross revenue. In July, Jones Lang LaSalle Incorporated (NYSE: JLL) returned $100 million in shares buyback. Wolfe Research initiated its coverage on Jones Lang LaSalle Incorporated (NYSE: JLL) in June with an ‘Outperform’ rating and a $332 price target. The stock’s 12-month returns are up by 147.2%.

As of Q2 2021, hedge funds are also taking interest in Jones Lang LaSalle Incorporated (NYSE: JLL), as 30 funds have stakes in the company, compared with 20 in the previous quarter. The total value of these stakes is over $1.5 billion.

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