NYSE:LAZ - Lazard Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $50.82 -0.09 (-0.18 %) (As of 07/20/2018 04:00 PM ET)Previous Close$50.82Today's Range$50.64 - $51.1052-Week Range$40.50 - $60.00Volume445,666 shsAverage Volume539,544 shsMarket Capitalization$6.61 billionP/E Ratio13.44Dividend Yield3.46%Beta1.84 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm worldwide. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, restructurings, capital structure, capital raising, shareholder advisory, and various other financial matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda. Receive LAZ News and Ratings via Email Sign-up to receive the latest news and ratings for LAZ and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryInvestment Banking & Brokerage SectorFinance SymbolNYSE:LAZ CUSIPG5405010 Webwww.lazard.com Phone441-295-1422 Debt Debt-to-Equity Ratio1.13 Current Ratio1.97 Quick Ratio1.97 Price-To-Earnings Trailing P/E Ratio13.44 Forward P/E Ratio11.42 P/E Growth1.13 Sales & Book Value Annual Sales$2.70 billion Price / Sales2.44 Cash Flow$6.9332 per share Price / Cash7.33 Book Value$9.70 per share Price / Book5.24 Profitability EPS (Most Recent Fiscal Year)$3.78 Net Income$253.58 million Net Margins10.81% Return on Equity44.63% Return on Assets11.70% Miscellaneous Employees2,843 Outstanding Shares129,770,000Market Cap$6,606.39 Lazard (NYSE:LAZ) Frequently Asked Questions What is Lazard's stock symbol? Lazard trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAZ." How often does Lazard pay dividends? What is the dividend yield for Lazard? Lazard declared a quarterly dividend on Wednesday, April 25th. Investors of record on Monday, May 7th will be paid a dividend of $0.44 per share on Friday, May 18th. This represents a $1.76 annualized dividend and a yield of 3.46%. The ex-dividend date is Friday, May 4th. This is an increase from Lazard's previous quarterly dividend of $0.12. View Lazard's Dividend History. How will Lazard's stock buyback program work? Lazard declared that its board has approved a share repurchase plan on Thursday, October 26th 2017, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued. How were Lazard's earnings last quarter? Lazard Ltd (NYSE:LAZ) released its quarterly earnings data on Thursday, April, 26th. The asset manager reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.22. The asset manager had revenue of $724 million for the quarter, compared to the consensus estimate of $652.99 million. Lazard had a net margin of 10.81% and a return on equity of 44.63%. The business's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the company earned $0.83 earnings per share. View Lazard's Earnings History. When is Lazard's next earnings date? Lazard is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Lazard. What price target have analysts set for LAZ? 8 brokers have issued twelve-month price targets for Lazard's stock. Their predictions range from $40.00 to $67.00. On average, they anticipate Lazard's stock price to reach $60.2857 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Ratings for Lazard. What is the consensus analysts' recommendation for Lazard? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." Who are some of Lazard's key competitors? Some companies that are related to Lazard include Blackstone Group (BX), Leg & Gen Grp P/S (LGGNY), Ameriprise Financial (AMP), Franklin Resources (BEN), KKR & Co. L.P. Unit (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Apollo Global Management LLC Class A (APO), Oaktree Capital Group (OAK), Eaton Vance (EV), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Houlihan Lokey (HLI). Who are Lazard's key executives? Lazard's management team includes the folowing people: Mr. Kenneth Marc Jacobs, Chairman & CEO (Age 60)Mr. Ashish Bhutani, Vice Chairman & Managing Director (Age 58)Mr. Evan L. Russo J.D., Chief Financial Officer (Age 43)Mr. Alexander Franz Stern, Chief Operating Officer & CEO of Financial Advisory (Age 52)Mr. Scott D. Hoffman Esq., Chief Admin. Officer, MD, Gen. Counsel & Sec. (Age 55) Has Lazard been receiving favorable news coverage? Press coverage about LAZ stock has been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lazard earned a daily sentiment score of 0.08 on Accern's scale. They also assigned headlines about the asset manager an impact score of 44.97 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. Who are Lazard's major shareholders? Lazard's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Pendal Group Ltd (1.42%), Fisher Asset Management LLC (1.11%), Bank of Montreal Can (0.33%), Cornerstone Wealth Management LLC (0.17%), NN Investment Partners Holdings N.V. (0.07%) and Osborne Partners Capital Management LLC (0.06%). Company insiders that own Lazard stock include Alexander F Stern, Jane L Mendillo, Matthieu Bucaille and Scott D Hoffman. View Institutional Ownership Trends for Lazard. Which major investors are selling Lazard stock? LAZ stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Clinton Group Inc., Osborne Partners Capital Management LLC, Boyd Watterson Asset Management LLC OH, NN Investment Partners Holdings N.V. and Boston Advisors LLC. Company insiders that have sold Lazard company stock in the last year include Alexander F Stern and Scott D Hoffman. View Insider Buying and Selling for Lazard. Which major investors are buying Lazard stock? LAZ stock was bought by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Bank of Montreal Can, Cornerstone Wealth Management LLC, Sicart Associates LLC, North Star Investment Management Corp., Gofen & Glossberg LLC IL, Summit Financial Wealth Advisors LLC and Osborn Williams & Donohoe LLC. View Insider Buying and Selling for Lazard. How do I buy shares of Lazard? Shares of LAZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Lazard's stock price today? One share of LAZ stock can currently be purchased for approximately $50.82. How big of a company is Lazard? Lazard has a market capitalization of $6.61 billion and generates $2.70 billion in revenue each year. The asset manager earns $253.58 million in net income (profit) each year or $3.78 on an earnings per share basis. Lazard employs 2,843 workers across the globe. How can I contact Lazard? Lazard's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM II. The asset manager can be reached via phone at 441-295-1422 or via email at [email protected] MarketBeat Community Rating for Lazard (NYSE LAZ)Community Ranking: 2.6 out of 5 ( )Outperform Votes: 477 (Vote Outperform)Underperform Votes: 428 (Vote Underperform)Total Votes: 905MarketBeat's community ratings are surveys of what our community members think about Lazard and other stocks. Vote "Outperform" if you believe LAZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LAZ will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 7/21/2018 by MarketBeat.com StaffFeatured Article: What does RSI mean?