Lazard Ltd Company Profile (NYSE:LAZ)

About Lazard Ltd (NYSE:LAZ)

Lazard Ltd logoLazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates through two segments: Financial Advisory and Asset Management. It serves a range of clients around the world, including corporations, governments, institutions, partnerships and individuals. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a range of financial advisory services regarding mergers and acquisitions (M&A) and other strategic matters, restructurings, capital structure, capital raising and various other financial matters to corporate, partnership, institutional, government, sovereign and individual clients. The Asset Management business provides investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds and sovereign entities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NYSE:LAZ
  • CUSIP: G5405010
  • Web: www.lazard.com
Capitalization:
  • Market Cap: $5.41 billion
  • Outstanding Shares: 122,608,000
Average Prices:
  • 50 Day Moving Avg: $44.57
  • 200 Day Moving Avg: $42.66
  • 52 Week Range: $26.21 - $47.09
P/E:
  • Trailing P/E Ratio: 13.67
  • Foreward P/E Ratio: 12.07
  • P/E Growth: 1.77
Sales & Book Value:
  • Annual Revenue: $2.45 billion
  • Price / Sales: 2.21
  • Book Value: $9.38 per share
  • Price / Book: 4.71
Dividend:
  • Annual Dividend: $1.52
  • Dividend Yield: 3.7%
Profitability:
  • Net Margins: 16.26%
  • Return on Equity: 32.97%
  • Return on Assets: 9.81%
Debt:
  • Debt-to-Equity Ratio: 0.77%
  • Current Ratio: 2.04%
  • Quick Ratio: 2.04%
Misc:
  • Average Volume: 1.16 million shs.
  • Beta: 1.91
  • Short Ratio: 1.65
 

Frequently Asked Questions for Lazard Ltd (NYSE:LAZ)

What is Lazard Ltd's stock symbol?

Lazard Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAZ."

How often does Lazard Ltd pay dividends? What is the dividend yield for Lazard Ltd?

Lazard Ltd announced a quarterly dividend on Wednesday, April 26th. Investors of record on Monday, May 8th will be paid a dividend of $0.41 per share on Friday, May 19th. This represents a $1.64 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Thursday, May 4th. View Lazard Ltd's Dividend History.

How were Lazard Ltd's earnings last quarter?

Lazard Ltd (NYSE:LAZ) released its earnings results on Thursday, April, 27th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.03. The business had revenue of $624.43 million for the quarter, compared to the consensus estimate of $611.43 million. Lazard Ltd had a return on equity of 32.97% and a net margin of 16.26%. The business's quarterly revenue was up 23.4% on a year-over-year basis. During the same period last year, the company posted $0.50 EPS. View Lazard Ltd's Earnings History.

Where is Lazard Ltd's stock going? Where will Lazard Ltd's stock price be in 2017?

7 brokers have issued 1 year price objectives for Lazard Ltd's stock. Their predictions range from $41.00 to $51.00. On average, they anticipate Lazard Ltd's share price to reach $46.29 in the next twelve months. View Analyst Ratings for Lazard Ltd.

Are investors shorting Lazard Ltd?

Lazard Ltd saw a decrease in short interest during the month of April. As of April 28th, there was short interest totalling 2,505,199 shares, a decrease of 33.8% from the April 13th total of 3,783,654 shares. Based on an average trading volume of 1,602,986 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.0% of the company's shares are short sold.

Who are some of Lazard Ltd's key competitors?

Who owns Lazard Ltd stock?

Lazard Ltd's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.32%), BlackRock Inc. (6.19%), WCM Investment Management CA (5.06%), Ariel Investments LLC (4.90%), Westpac Banking Corp (1.67%) and Blue Harbour Group L.P. (1.40%). Company insiders that own Lazard Ltd stock include Alexander F Stern, Jane L Mendillo and Scott D Hoffman. View Institutional Ownership Trends for Lazard Ltd.

Who sold Lazard Ltd stock? Who is selling Lazard Ltd stock?

Lazard Ltd's stock was sold by a variety of institutional investors in the last quarter, including Columbia Wanger Asset Management LLC, RidgeWorth Capital Management LLC, Strs Ohio, Ariel Investments LLC, Morgan Stanley, Renaissance Technologies LLC, Global Thematic Partners LLC and Ameriprise Financial Inc.. Company insiders that have sold Lazard Ltd stock in the last year include Alexander F Stern and Scott D Hoffman. View Insider Buying and Selling for Lazard Ltd.

Who bought Lazard Ltd stock? Who is buying Lazard Ltd stock?

Lazard Ltd's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Westpac Banking Corp, Vanguard Group Inc., WCM Investment Management CA, Blue Harbour Group L.P., Scout Investments Inc., LSV Asset Management and RWC Asset Management LLP. View Insider Buying and Selling for Lazard Ltd.

How do I buy Lazard Ltd stock?

Shares of Lazard Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Lazard Ltd stock cost?

One share of Lazard Ltd stock can currently be purchased for approximately $44.16.

Analyst Ratings

Consensus Ratings for Lazard Ltd (NYSE:LAZ) (?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $46.29 (4.81% upside)

Analysts' Ratings History for Lazard Ltd (NYSE:LAZ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Keefe, Bruyette & WoodsReiterated RatingBuy$51.00MediumView Rating Details
4/21/2017Credit Suisse Group AGReiterated RatingBuy$50.00HighView Rating Details
3/23/2017Bank of America CorpUpgradeUnderperform -> Neutral$47.00LowView Rating Details
1/20/2017Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$45.00N/AView Rating Details
1/6/2017InstinetDowngradeBuy -> Neutral$43.00N/AView Rating Details
1/5/2017NomuraDowngradeBuy -> NeutralN/AView Rating Details
10/27/2016Rafferty Capital MarketsUpgradeHold -> Buy$41.00N/AView Rating Details
2/3/2016ArgusReiterated RatingBuy$56.00 -> $45.00N/AView Rating Details
2/3/2016Susquehanna Bancshares IncReiterated RatingBuy$53.00 -> $50.00N/AView Rating Details
2/3/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformN/AView Rating Details
1/13/2016JMP SecuritiesLower Price Target$60.00 -> $58.00N/AView Rating Details
1/12/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$56.00 -> $48.00N/AView Rating Details
10/7/2015Sandler O'NeillUpgradeHold -> BuyN/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for Lazard Ltd (NYSE:LAZ)
Earnings by Quarter for Lazard Ltd (NYSE:LAZ)
Earnings History by Quarter for Lazard Ltd (NYSE:LAZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/20173/31/2017$0.80$0.83$611.43 million$624.43 millionViewN/AView Earnings Details
2/2/2017Q416$0.99$1.13$679.51 million$685.00 millionViewListenView Earnings Details
10/27/2016Q316$0.76$0.85$593.03 million$611.00 millionViewListenView Earnings Details
7/28/2016Q216$0.58$0.61$542.68 million$542.30 millionViewListenView Earnings Details
4/21/2016Q116$0.65$0.50$573.20 million$506.00 millionViewListenView Earnings Details
2/2/2016Q415$0.88$0.92$574.92 million$593.20 millionViewListenView Earnings Details
10/22/2015Q315$0.90$0.93$607.69 million$594.00 millionViewListenView Earnings Details
7/23/2015Q215$0.77$0.98$586.53 million$607.00 millionViewListenView Earnings Details
4/23/2015Q115$0.71$0.77$561.07 million$581.00 millionViewN/AView Earnings Details
2/5/2015Q4$1.05$1.29$617.43 million$645.80 millionViewN/AView Earnings Details
10/23/2014Q314$0.65$0.67$555.75 million$583.00 millionViewListenView Earnings Details
7/24/2014Q214$0.55$0.64$530.30 million$571.00 millionViewN/AView Earnings Details
5/1/2014Q114$0.54$0.61$514.80 million$540.00 millionViewN/AView Earnings Details
2/5/2014Q413$0.61$0.81$558.40 million$620.00 millionViewListenView Earnings Details
10/24/2013Q313$0.37$0.46$457.79 million$489.00 millionViewListenView Earnings Details
7/25/2013Q2 2013$0.34$0.45$448.74 million$511.00 millionViewListenView Earnings Details
4/26/2013Q1 2013$0.31$0.28$455.78 million$414.00 millionViewListenView Earnings Details
2/7/2013Q4 2012$0.33$0.61$477.20 million$574.00 millionViewListenView Earnings Details
10/25/2012$0.22$0.26ViewN/AView Earnings Details
7/26/2012$0.29$0.25ViewN/AView Earnings Details
4/27/2012$0.23$0.33ViewN/AView Earnings Details
2/6/2012$0.38$0.01ViewN/AView Earnings Details
10/27/2011$0.43$0.39ViewN/AView Earnings Details
7/28/2011$0.52$0.48ViewN/AView Earnings Details
4/27/2011$0.43$0.43ViewN/AView Earnings Details
2/2/2011$0.63$0.76ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lazard Ltd (NYSE:LAZ)
Current Year EPS Consensus Estimate: $3.39 EPS
Next Year EPS Consensus Estimate: $3.66 EPS

Dividends

Current Dividend Information for Lazard Ltd (NYSE:LAZ)
Most Recent Dividend:5/19/2017
Annual Dividend:$1.52
Dividend Yield:3.44%
Dividend Growth:25.70% (3 Year Average)
Payout Ratio:52.05% (Trailing 12 Months of Earnings)
44.84% (Based on This Year's Estimates)
41.53% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Lazard Ltd (NYSE:LAZ)

Dividend History by Quarter for Lazard Ltd (NYSE:LAZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017Quarterly$0.413.8%5/4/20175/8/20175/19/2017
2/1/2017quarterly$0.3811.04%2/9/20172/13/20172/24/2017
10/26/2016Quarterly$0.384.1%11/3/201611/7/201611/18/2016
7/27/2016Quarterly$0.388/4/20168/8/20168/19/2016
4/21/2016quarterly$0.384.07%4/29/20165/3/20165/13/2016
2/1/2016special$0.354.21%2/9/20162/11/20162/26/2016
10/22/2015quarterly$0.352.94%10/29/201511/2/201511/13/2015
7/23/2015quarterly$0.352.47%7/30/20158/3/20158/14/2015
4/23/2015quarterly$0.352.49%4/30/20155/4/20155/15/2015
2/4/2015special$0.302.36%2/11/20152/13/20152/19/2015
10/22/2014quarterly$0.302.45%10/30/201411/3/201411/14/2014
7/23/2014quarterly$0.302.29%7/31/20148/4/20148/15/2014
4/30/2014quarterly$0.302.45%5/8/20145/12/20145/23/2014
1/29/2014quarterly$0.302.81%2/6/20142/10/20142/21/2014
12/10/2013special$0.252.33%12/18/201312/20/201312/27/2013
12/12/2012quarterly$0.2012/19/201212/21/201212/27/2012
12/11/2012special$0.2012/19/201212/21/201212/27/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Lazard Ltd (NYSE:LAZ)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 70.45%
Insider Trades by Quarter for Lazard Ltd (NYSE:LAZ)
Institutional Ownership by Quarter for Lazard Ltd (NYSE:LAZ)
Insider Trades by Quarter for Lazard Ltd (NYSE:LAZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Scott D. HoffmanGeneral CounselSell35,000$45.13$1,579,550.00View SEC Filing  
5/11/2017Alexander F. SternCOOSell65,000$44.75$2,908,750.00View SEC Filing  
3/2/2017Scott D HoffmanGeneral CounselSell20,000$43.16$863,200.00View SEC Filing  
8/9/2016Scott D. HoffmanGeneral CounselSell42,000$34.92$1,466,640.00View SEC Filing  
8/2/2016Jane L. MendilloDirectorBuy1,400$35.22$49,308.00View SEC Filing  
3/3/2015Alexander F SternCOOSell63,000$50.80$3,200,400.00View SEC Filing  
2/20/2014Alexander F SternCOOSell44,312$44.56$1,974,542.72View SEC Filing  
2/19/2014Ashish BhutaniCEOSell145,947$45.15$6,589,507.05View SEC Filing  
2/12/2014Alexander F SternCOOSell61,877$42.87$2,652,666.99View SEC Filing  
3/12/2013Alexander F SternCOOSell60,000$36.56$2,193,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Lazard Ltd (NYSE:LAZ)
Latest Headlines for Lazard Ltd (NYSE:LAZ)
Source:
DateHeadline
americanbankingnews.com logoLazard Ltd (LAZ) General Counsel Sells $1,579,550.00 in Stock
www.americanbankingnews.com - May 18 at 7:26 PM
zacks.com logoPrincipal Financial Receives Rating Action from A. M. Best
www.zacks.com - May 17 at 9:40 AM
finance.yahoo.com logo5 Reasons to Add Lazard (LAZ) Stock to Your Basket Right Now
finance.yahoo.com - May 17 at 9:40 AM
finance.yahoo.com logoWhy Franklin (BEN) Stock Should be Added to Your Portfolio
finance.yahoo.com - May 17 at 9:40 AM
americanbankingnews.com logoShort Interest in Lazard Ltd (LAZ) Declines By 33.8%
www.americanbankingnews.com - May 17 at 7:16 AM
americanbankingnews.com logoLazard Ltd (LAZ) COO Alexander F. Stern Sells 65,000 Shares
www.americanbankingnews.com - May 15 at 7:11 PM
bloomberg.com logoHealth Executives See Tech Firms Like Alphabet Remaking Industry
www.bloomberg.com - May 15 at 5:42 PM
businesswire.com logoLazard Releases Global Healthcare Leaders Study - Business Wire (press release)
www.businesswire.com - May 15 at 10:38 AM
finance.yahoo.com logoLazard Releases Global Healthcare Leaders Study
finance.yahoo.com - May 15 at 10:38 AM
theglobeandmail.com logoSocial media, Trump among those blamed for market slumber
www.theglobeandmail.com - May 13 at 9:11 AM
finance.yahoo.com logoLazard Ltd. breached its 50 day moving average in a Bullish Manner : LAZ-US : May 12, 2017
finance.yahoo.com - May 12 at 11:53 PM
finance.yahoo.com logoPeter Orszag Says 'Math Doesn't Work' on GOP Health Bill
finance.yahoo.com - May 12 at 6:52 PM
zacks.com logoHere's Why it is Wise to Hold Blackstone (BX) Stock Now
www.zacks.com - May 11 at 6:43 PM
News IconUPDATE 1-Power company Calpine explores sale - WSJ
www.businessinsider.com - May 11 at 3:50 AM
streetinsider.com logoForm 4 Lazard Ltd For: May 08 Filed by: BHUTANI ASHISH
www.streetinsider.com - May 11 at 3:50 AM
streetinsider.com logoForm 4 Lazard Ltd For: May 08 Filed by: BHUTANI ASHISH - StreetInsider.com
www.streetinsider.com - May 10 at 10:49 PM
zacks.com logoInvesco's (IVZ) April AUM Rises on Favorable Market Returns
www.zacks.com - May 10 at 12:56 PM
finance.yahoo.com logoIs Lazard (LAZ) a Great Stock for Value Investors?
finance.yahoo.com - May 10 at 12:56 PM
americanbankingnews.com logoLazard Ltd (LAZ) Earns Buy Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - May 9 at 9:14 PM
americanbankingnews.com logoLazard Ltd (LAZ) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 8 at 11:28 AM
americanbankingnews.com logoLazard (LAZ) Given News Impact Rating of 0.14
www.americanbankingnews.com - May 4 at 9:39 PM
finance.yahoo.com logoLazard Ltd. : LAZ-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 4 at 6:22 PM
americanbankingnews.com logoLazard Ltd (LAZ) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 1 at 9:54 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact Lazard (LAZ) Share Price
www.americanbankingnews.com - May 1 at 7:32 PM
nasdaq.com logoAffiliated Managers (AMG) Beats on Q1 Earnings, Costs Rise
www.nasdaq.com - May 1 at 12:58 PM
americanbankingnews.com logoLazard Ltd (LAZ) to Issue Quarterly Dividend of $0.41
www.americanbankingnews.com - April 29 at 3:11 PM
americanbankingnews.com logoLazard (LAZ) Earning Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 12:24 AM
finance.yahoo.com logoLazard (LAZ) Stock Falls 2.6% Despite Q1 Earnings Beat
finance.yahoo.com - April 28 at 7:12 PM
finance.yahoo.com logoEdited Transcript of LAZ earnings conference call or presentation 27-Apr-17 12:00pm GMT
finance.yahoo.com - April 28 at 9:36 AM
reuters.com logoLazard quarterly profit jumps 61 pct | Reuters - Reuters
www.reuters.com - April 27 at 11:51 PM
finance.yahoo.com logoLazard Ltd Reports First-Quarter 2017 Results - Yahoo Finance
finance.yahoo.com - April 27 at 11:51 PM
cnbc.com logoUPDATE 3-Lazard profit beats estimates as deal-making picks up
www.cnbc.com - April 27 at 6:50 PM
cnbc.com logoUPDATE 2-Lazard profit beats estimates as deal-making picks up
www.cnbc.com - April 27 at 9:07 AM
seekingalpha.com logoLazard Ltd. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 27 at 9:07 AM
finance.yahoo.com logoLazard Ltd Reports First-Quarter 2017 Results
finance.yahoo.com - April 27 at 9:06 AM
finance.yahoo.com logoLazard quarterly profit jumps 61 pct
finance.yahoo.com - April 27 at 9:06 AM
finance.yahoo.com logoLazard profit beats estimates as deal-making picks up
finance.yahoo.com - April 27 at 9:06 AM
finance.yahoo.com logoLazard Ltd. breached its 50 day moving average in a Bearish Manner : LAZ-US : April 27, 2017
finance.yahoo.com - April 27 at 9:06 AM
finance.yahoo.com logoLazard Increases Quarterly Dividend
finance.yahoo.com - April 26 at 7:07 PM
americanbankingnews.com logoLazard (LAZ) Receiving Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 25 at 4:16 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Somewhat Likely to Affect Lazard (LAZ) Stock Price
www.americanbankingnews.com - April 22 at 12:38 AM
nasdaq.com logoIs Ameriprise (AMP) Likely to Beat Q1 Earnings Estimates?
www.nasdaq.com - April 21 at 6:05 PM
americanbankingnews.com logoCredit Suisse Group AG Reaffirms Buy Rating for Lazard Ltd (LAZ)
www.americanbankingnews.com - April 21 at 7:40 AM
businesswire.com logoLazard Global Total Return and Income Fund Declares Monthly Distribution - Business Wire (press release)
www.businesswire.com - April 18 at 5:42 PM
americanbankingnews.com logoLazard (LAZ) Receives News Sentiment Rating of 0.69
www.americanbankingnews.com - April 18 at 9:26 AM
americanbankingnews.com logoLazard (LAZ) Given Media Sentiment Score of 0.19
www.americanbankingnews.com - April 15 at 2:33 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Lazard, Motorola Solutions, MSCI, Caterpillar and Chemours
finance.yahoo.com - April 12 at 7:11 PM
finance.yahoo.com logoLazard to Announce First-Quarter 2017 Results
finance.yahoo.com - April 12 at 8:30 AM
americanbankingnews.com logoLazard Ltd (LAZ) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 11 at 9:58 AM
americanbankingnews.com logoLazard's (LAZ) Buy Rating Reaffirmed at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 10 at 10:59 AM

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Lazard Ltd (LAZ) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff