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

Lazard, Inc. (NYSE:LAZ - Free Report) - Research analysts at Seaport Res Ptn increased their Q2 2025 earnings per share estimates for shares of Lazard in a research note issued on Monday, July 14th. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will post earnings per share of $0.36 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.

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

LAZ has been the topic of several other reports. Wells Fargo & Company lifted their price target on Lazard from $38.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Morgan Stanley lifted their price target on Lazard from $33.00 to $45.00 and gave the stock an "underweight" rating in a research report on Monday, June 23rd. Keefe, Bruyette & Woods lifted their price target on Lazard from $46.00 to $57.00 and gave the stock a "market perform" rating in a research report on Monday. JMP Securities set a $60.00 price target on Lazard and gave the stock a "market outperform" rating in a research report on Monday. Finally, The Goldman Sachs Group lifted their price target on Lazard from $35.00 to $40.00 and gave the stock a "sell" rating in a research report on Thursday, May 15th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $51.00.

Lazard Stock Performance

Shares of LAZ stock traded up $0.15 during trading on Wednesday, reaching $54.31. The company had a trading volume of 773,420 shares, compared to its average volume of 962,508. 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 firm's 50 day simple moving average is $46.55 and its two-hundred day simple moving average is $46.19. The company has a market capitalization of $6.12 billion, a PE ratio of 18.92 and a beta of 1.33. Lazard has a one year low of $31.97 and a one year high of $61.14.

Lazard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Monday, May 5th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date of this dividend was Monday, May 5th. Lazard's dividend payout ratio is presently 69.69%.

Institutional Trading of Lazard

A number of institutional investors and hedge funds have recently modified their holdings of LAZ. Calton & Associates Inc. acquired a new stake in Lazard in the 1st quarter valued at $28,000. Lee Danner & Bass Inc. acquired a new stake in Lazard in the 4th quarter valued at $31,000. GAMMA Investing LLC boosted its stake in Lazard by 57.2% in the 2nd quarter. GAMMA Investing LLC now owns 918 shares of the asset manager's stock valued at $44,000 after buying an additional 334 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Lazard by 54.3% in the 4th quarter. NewEdge Advisors LLC now owns 977 shares of the asset manager's stock valued at $50,000 after buying an additional 344 shares in the last quarter. Finally, Bessemer Group Inc. acquired a new stake in Lazard in the 1st quarter valued at $50,000. 54.80% of the stock is currently owned by institutional investors.

Lazard Company Profile

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.