Seaport Res Ptn Estimates Lazard's Q4 Earnings (NYSE:LAZ)

Key Points

• Seaport Res Ptn has lowered its Q4 2025 earnings per share estimate for Lazard from $0.91 to $0.87, indicating concerns about the company's financial performance.
• Lazard's stock has a consensus "Hold" rating among analysts, with a current average price target of $54.43, reflecting mixed opinions on its future performance.
• The company has recently declared a quarterly dividend of $0.50 per share, which represents a 4.1% dividend yield for investors.

Lazard, Inc. (NYSE:LAZ - Free Report) - Stock analysts at Seaport Res Ptn lowered their Q4 2025 earnings per share estimates for shares of Lazard in a report issued on Monday, October 13th. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will earn $0.87 per share for the quarter, down from their previous forecast of $0.91. The consensus estimate for Lazard's current full-year earnings is $4.24 per share. Seaport Res Ptn also issued estimates for Lazard's Q4 2026 earnings at $1.70 EPS and FY2027 earnings at $4.90 EPS.

A number of other research analysts have also weighed in on LAZ. Keefe, Bruyette & Woods reduced their price target on Lazard from $65.00 to $60.00 and set an "outperform" rating on the stock in a research note on Monday. Morgan Stanley lifted their price target on shares of Lazard from $47.00 to $61.00 and gave the company an "underweight" rating in a report on Monday, September 8th. Zacks Research lowered shares of Lazard from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 22nd. Wells Fargo & Company increased their target price on shares of Lazard from $38.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. Finally, BMO Capital Markets assumed coverage on shares of Lazard in a research report on Friday, October 3rd. They issued a "market perform" rating and a $56.00 price target for the company. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $54.43.

Lazard Price Performance

Shares of LAZ opened at $49.19 on Tuesday. The firm has a fifty day moving average price of $54.10 and a 200 day moving average price of $47.84. Lazard has a 1-year low of $31.97 and a 1-year high of $61.14. The company has a debt-to-equity ratio of 2.15, a current ratio of 2.53 and a quick ratio of 2.53. The stock has a market cap of $5.55 billion, a PE ratio of 16.96 and a beta of 1.37.

Lazard (NYSE:LAZ - Get Free Report) last issued its earnings results on Thursday, July 24th. The asset manager reported $0.52 earnings per share 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 analysts' expectations of $674.13 million. Lazard had a return on equity of 34.33% and a net margin of 9.96%.The business's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 EPS.

Lazard Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders 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 4.1%. Lazard's payout ratio is currently 68.97%.

Insider Buying and Selling

In related news, CAO Michael Gathy sold 617 shares of Lazard stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $55.37, for a total transaction of $34,163.29. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Evan L. Russo sold 50,000 shares of Lazard stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $56.95, for a total transaction of $2,847,500.00. Following the completion of the transaction, the chief executive officer directly owned 227,915 shares in the company, valued at approximately $12,979,759.25. The trade was a 17.99% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 108,092 shares of company stock valued at $6,030,986 in the last 90 days. 2.26% of the stock is owned by insiders.

Institutional Investors Weigh In On Lazard

A number of institutional investors have recently modified their holdings of LAZ. Calton & Associates Inc. bought a new stake in shares of Lazard in the first quarter valued at about $28,000. State of Wyoming bought a new stake in Lazard during the second quarter worth about $38,000. GAMMA Investing LLC lifted its position in Lazard by 57.2% during the second quarter. GAMMA Investing LLC now owns 918 shares of the asset manager's stock worth $44,000 after purchasing an additional 334 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Lazard during the second quarter worth about $49,000. Finally, Bessemer Group Inc. bought a new stake in Lazard during the first quarter worth about $50,000. Institutional investors own 54.80% of the company's stock.

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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