What is Seaport Res Ptn's Estimate for Lazard Q2 Earnings?

Lazard, Inc. (NYSE:LAZ - Free Report) - Research analysts at Seaport Res Ptn upped their Q2 2025 earnings per share (EPS) estimates for Lazard in a note issued to investors on Monday, July 14th. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will earn $0.36 per share for the quarter, up from their prior estimate of $0.35. 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 2025 earnings at $0.96 EPS.

Other research analysts have also issued reports about the company. Wells Fargo & Company upped their target price on Lazard from $38.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. Keefe, Bruyette & Woods upped their target price on Lazard from $46.00 to $57.00 and gave the company a "market perform" rating in a research note on Monday. JMP Securities set a $60.00 price target on Lazard and gave the company a "market outperform" rating in a research report on Monday. The Goldman Sachs Group upped their price target on Lazard from $35.00 to $40.00 and gave the company a "sell" rating in a research report on Thursday, May 15th. Finally, Citigroup reiterated an "outperform" rating on shares of Lazard in a research report on Monday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $51.00.

Lazard Stock Performance

Shares of NYSE LAZ traded up $0.07 during trading hours on Wednesday, reaching $54.23. The stock had a trading volume of 169,748 shares, compared to its average volume of 960,754. The business's fifty day moving average is $46.32 and its two-hundred day moving average is $46.17. The company has a debt-to-equity ratio of 2.60, a current ratio of 3.24 and a quick ratio of 3.24. The company has a market cap of $6.12 billion, a price-to-earnings ratio of 18.86 and a beta of 1.33. Lazard has a twelve month low of $31.97 and a twelve month high of $61.14.

Lazard (NYSE:LAZ - Get Free Report) last issued its earnings results on Friday, April 25th. The asset manager reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.27. The business had revenue of $669.16 million during the quarter, compared to analyst estimates of $698.39 million. Lazard had a return on equity of 37.64% and a net margin of 10.15%. Lazard's revenue was down 15.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.66 earnings per share.

Institutional Trading of Lazard

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Lazard by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 10,788,512 shares of the asset manager's stock worth $555,393,000 after purchasing an additional 81,559 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Lazard by 2,324.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,099,179 shares of the asset manager's stock worth $264,096,000 after purchasing an additional 5,847,608 shares during the last quarter. Ariel Investments LLC grew its holdings in shares of Lazard by 0.4% during the first quarter. Ariel Investments LLC now owns 5,619,280 shares of the asset manager's stock worth $243,315,000 after purchasing an additional 21,065 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Lazard by 5.8% during the fourth quarter. Capital Research Global Investors now owns 4,429,776 shares of the asset manager's stock worth $228,045,000 after purchasing an additional 240,938 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Lazard by 26.7% during the fourth quarter. Geode Capital Management LLC now owns 2,297,249 shares of the asset manager's stock worth $118,294,000 after purchasing an additional 483,696 shares during the last quarter. Institutional investors own 54.80% of the company's stock.

Lazard Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Monday, May 5th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date was Monday, May 5th. Lazard's dividend payout ratio (DPR) is 69.69%.

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.