Lazard (LAZ) to Release Quarterly Earnings on Thursday

Key Points

• Lazard is set to release its Q3 2025 earnings results on October 23rd, with analysts expecting an earnings per share of $0.39 and revenue of $739.9 million.
• The company recently declared a quarterly dividend of $0.50 per share, resulting in a 4.0% dividend yield.
• Insider transactions show significant sales, with CEO Peter Richard Orszag selling 32,475 shares, reducing his ownership by 15.05%.

Lazard (NYSE:LAZ - Get Free Report) will likely be issuing its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.39 per share and revenue of $739.9070 million for the quarter. Parties may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:00 AM ET.

Lazard (NYSE:LAZ - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The asset manager reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.14. The business had revenue of $796.00 million for the quarter, compared to analyst estimates of $674.13 million. Lazard had a net margin of 9.96% and a return on equity of 34.33%. The firm's revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter last year, the business posted $0.52 EPS. On average, analysts expect Lazard to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Lazard Stock Performance

NYSE LAZ opened at $49.88 on Thursday. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 2.15. The firm has a market capitalization of $5.62 billion, a price-to-earnings ratio of 17.20 and a beta of 1.37. The firm's 50 day simple moving average is $54.01 and its 200 day simple moving average is $47.86. Lazard has a 1 year low of $31.97 and a 1 year high of $61.14.

Lazard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were given a dividend of $0.50 per share. The ex-dividend date was Monday, August 4th. This represents a $2.00 annualized dividend and a dividend yield of 4.0%. Lazard's dividend payout ratio (DPR) is currently 68.97%.

Insider Transactions at Lazard

In other news, CAO Michael Gathy sold 617 shares of Lazard stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $55.37, for a total transaction of $34,163.29. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Peter Richard Orszag sold 32,475 shares of Lazard stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $54.09, for a total transaction of $1,756,572.75. Following the transaction, the chief executive officer owned 183,274 shares in the company, valued at approximately $9,913,290.66. This trade represents a 15.05% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 108,092 shares of company stock worth $6,030,986. Company insiders own 3.86% of the company's stock.

Hedge Funds Weigh In On Lazard

A number of hedge funds have recently modified their holdings of the business. Teza Capital Management LLC lifted its holdings in shares of Lazard by 2.4% during the second quarter. Teza Capital Management LLC now owns 8,059 shares of the asset manager's stock worth $387,000 after purchasing an additional 187 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Lazard by 30.2% during the second quarter. Tower Research Capital LLC TRC now owns 1,943 shares of the asset manager's stock worth $93,000 after purchasing an additional 451 shares during the period. State of Wyoming acquired a new position in shares of Lazard during the second quarter worth $38,000. Treasurer of the State of North Carolina lifted its holdings in shares of Lazard by 2.6% during the second quarter. Treasurer of the State of North Carolina now owns 51,357 shares of the asset manager's stock worth $2,464,000 after purchasing an additional 1,278 shares during the period. Finally, Kestra Investment Management LLC lifted its holdings in shares of Lazard by 324.4% during the second quarter. Kestra Investment Management LLC now owns 2,962 shares of the asset manager's stock worth $142,000 after purchasing an additional 2,264 shares during the period. Institutional investors and hedge funds own 54.80% of the company's stock.

Wall Street Analyst Weigh In

LAZ has been the topic of several analyst reports. Morgan Stanley increased their price target on shares of Lazard from $47.00 to $61.00 and gave the stock an "underweight" rating in a research report on Monday, September 8th. Zacks Research lowered shares of Lazard from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 22nd. Citigroup restated an "outperform" rating on shares of Lazard in a research report on Monday, July 14th. JMP Securities set a $60.00 target price on shares of Lazard and gave the company a "market outperform" rating in a research report on Monday, July 14th. Finally, Wells Fargo & Company raised their target price on shares of Lazard from $38.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, July 11th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $54.43.

About Lazard

Lazard, Inc, together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services.

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