Lazard Ltd Company Profile (NYSE:LAZ)

About Lazard Ltd

Lazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates in two business segments: Financial Advisory and Asset Management. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients 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. Its Asset Management business segment offers a range of investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private clients. It operates from approximately 40 cities in key business and financial centers over 25 countries.

Industry, Sector and Symbol:

Sector: Finance
Industry: Asset Management
Sub-Industry: Investment Banking & Brokerage
Exchange: NYSE
Symbol: LAZ
CUSIP: G5405010

Key Metrics:

Previous Close: $36.04
50 Day Moving Average: $36.48
200 Day Moving Average: $35.16
52-Week Range: $26.21 - $49.57
Trailing P/E Ratio: 6.82
Foreward P/E Ratio: 11.12
P/E Growth: -5.14
Market Cap: $4.48B
Outstanding Shares: 124,220,000
Beta: 2.2

Additional Links:

Companies Related to Lazard Ltd:

Consensus Ratings for Lazard Ltd (NYSE:LAZ) (?)

Ratings Breakdown:	2 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:	Buy (Score: 2.90)
Consensus Price Target:	$50.50 (40.12% upside)

Analysts' Ratings History for Lazard Ltd (NYSE:LAZ)

Show:

Date	Firm	Action	Rating	Price Target
9/6/2016	Credit Suisse Group AG	Reiterated Rating	Buy	$42.00
7/29/2016	Nomura	Boost Price Target	Buy	$46.00 -> $49.00
2/3/2016	Argus	Reiterated Rating	Buy	$56.00 -> $45.00
2/3/2016	Susquehanna	Reiterated Rating	Buy	$53.00 -> $50.00
2/3/2016	Keefe, Bruyette & Woods	Lower Price Target	Outperform	$55.00 -> $52.00
2/3/2016	Oppenheimer Holdings Inc.	Reiterated Rating	Market Perform
1/13/2016	JMP Securities	Lower Price Target		$60.00 -> $58.00
1/12/2016	Goldman Sachs Group Inc.	Downgrade	Buy -> Neutral	$56.00 -> $48.00
11/18/2015	Raymond James Financial Inc.	Upgrade	Outperform -> Strong-Buy	$60.00
10/7/2015	Sandler O'Neill	Upgrade	Hold -> Buy
1/12/2015	Buckingham Research	Reiterated Rating	Buy

(Data available from 9/29/2014 forward)

Earnings History for Lazard Ltd (NYSE:LAZ)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/20/2016
7/28/2016	Q216	$0.58	$0.61	$542.68 million	$542.30 million	View	Listen
4/21/2016	Q116	$0.65	$0.50	$573.20 million	$506.00 million	View	Listen
2/2/2016	Q415	$0.88	$0.92	$574.92 million	$593.20 million	View	Listen
10/22/2015	Q315	$0.90	$0.93	$607.69 million	$594.00 million	View	Listen
7/23/2015	Q215	$0.77	$0.98	$586.53 million	$607.00 million	View	Listen
4/23/2015	Q115	$0.70	$0.77	$561.07 million	$581.00 million	View	N/A
2/5/2015	Q4	$1.07	$1.29	$617.43 million	$645.80 million	View	N/A
10/23/2014	Q314	$0.64	$0.67	$555.75 million	$583.00 million	View	Listen
7/24/2014	Q214	$0.58	$0.64	$530.30 million	$571.00 million	View	N/A
5/1/2014	Q114	$0.54	$0.61	$514.80 million	$540.00 million	View	N/A
2/5/2014	Q413	$0.61	$0.81	$558.40 million	$620.00 million	View	Listen
10/24/2013	Q313	$0.37	$0.46	$457.79 million	$489.00 million	View	Listen
7/25/2013	Q2 2013	$0.34	$0.45	$448.74 million	$511.00 million	View	Listen
4/26/2013	Q1 2013	$0.31	$0.28	$455.78 million	$414.00 million	View	Listen
2/7/2013	Q4 2012	$0.33	$0.61	$477.20 million	$574.00 million	View	Listen
10/25/2012		$0.22	$0.26			View	N/A
7/26/2012		$0.29	$0.25			View	N/A
4/27/2012		$0.23	$0.33			View	N/A
2/6/2012		$0.38	$0.01			View	N/A
10/27/2011		$0.43	$0.39			View	N/A
7/28/2011		$0.52	$0.48			View	N/A
4/27/2011		$0.43	$0.43			View	N/A
2/2/2011		$0.63	$0.76			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Lazard Ltd (NYSE:LAZ)

Current Year EPS Consensus Estimate: $2.93 EPS
Next Year EPS Consensus Estimate: $3.24 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	2	$0.73	$0.80	$0.77
Q2 2016	2	$0.85	$0.87	$0.86
Q3 2016	1	$0.79	$0.79	$0.79
Q4 2016	1	$0.99	$0.99	$0.99

(Data provided by Zacks Investment Research)

Current Dividend Information for Lazard Ltd (NYSE:LAZ)

Annual Dividend:	$1.52
Dividend Yield:	4.22%
Dividend Growth:	12.00% (3 Year Average)
Payout Ratio:	51.88% (Based on Current Year Consensus EPS Estimate) 46.91% (Based on Next Year Consensus EPS Estimate)
Track Record:	5 Years of Consecutive Dividend Growth

Dividend History for Lazard Ltd (NYSE:LAZ)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/27/2016	Quarterly	$0.38		8/4/2016	8/8/2016	8/19/2016
4/21/2016	quarterly	$0.38	4.07%	4/29/2016	5/3/2016	5/13/2016
2/1/2016	special	$0.35	4.21%	2/9/2016	2/11/2016	2/26/2016
10/22/2015	quarterly	$0.35	2.94%	10/29/2015	11/2/2015	11/13/2015
7/23/2015	quarterly	$0.35	2.47%	7/30/2015	8/3/2015	8/14/2015
4/23/2015	quarterly	$0.35	2.49%	4/30/2015	5/4/2015	5/15/2015
2/4/2015	special	$0.30	2.36%	2/11/2015	2/13/2015	2/19/2015
10/22/2014	quarterly	$0.30	2.45%	10/30/2014	11/3/2014	11/14/2014
7/23/2014	quarterly	$0.30	2.29%	7/31/2014	8/4/2014	8/15/2014
4/30/2014	quarterly	$0.30	2.45%	5/8/2014	5/12/2014	5/23/2014
1/29/2014	quarterly	$0.30	2.81%	2/6/2014	2/10/2014	2/21/2014
12/10/2013	special	$0.25	2.33%	12/18/2013	12/20/2013	12/27/2013
12/12/2012	quarterly	$0.20		12/19/2012	12/21/2012	12/27/2012
12/11/2012	special	$0.20		12/19/2012	12/21/2012	12/27/2012

(Data available from 1/1/2013 forward)

Insider Trading History for Lazard Ltd (NYSE:LAZ)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/9/2016	Scott D. Hoffman	General Counsel	Sell	42,000	$34.92	$1,466,640.00
8/2/2016	Jane L. Mendillo	Director	Buy	1,400	$35.22	$49,308.00
3/3/2015	Alexander F Stern	COO	Sell	63,000	$50.80	$3,200,400.00
2/20/2014	Alexander F Stern	COO	Sell	44,312	$44.56	$1,974,542.72
2/19/2014	Ashish Bhutani	CEO	Sell	145,947	$45.15	$6,589,507.05
2/12/2014	Alexander F Stern	COO	Sell	61,877	$42.87	$2,652,666.99
3/12/2013	Alexander F Stern	COO	Sell	60,000	$36.56	$2,193,600.00

(Data available from 1/1/2013 forward)

Latest Headlines for Lazard Ltd (NYSE:LAZ)

Date	Headline
	Lazard Ltd. (NYSE:LAZ) Latest Broker Coverage - NewsDen - NewsDen (NYSE:LAZ) newsden.net - September 28 at 10:48 AM
	Lazard Ltd. (NYSE:LAZ) earnings expectations - The Independent Republic (NYSE:LAZ) theindependentrepublic.com - September 28 at 10:48 AM
	Lazard Price Target Cut to $60.00 (LAZ) - Petro Global News 24 (NYSE:LAZ) petroglobalnews24.com - September 22 at 9:05 AM
	Can Lazard Ltd. (NYSE:LAZ) Stock Touch $56? - Investor Newswire (NYSE:LAZ) www.investornewswire.com - September 21 at 4:07 PM
	Lazard World Dividend & Income Fund Declares Monthly ... - Business Wire (press release) (NYSE:LAZ) www.businesswire.com - September 16 at 5:44 PM
	Lazard acquires boutique Verus to expand into Canadian advisory market - Reuters (NYSE:LAZ) www.reuters.com - September 15 at 9:16 AM
	Lazard Ltd acquires Canadian independent boutique advisory Verus Partners (NYSE:LAZ) business.financialpost.com - September 14 at 5:59 PM
	Allergan to buy experimental psoriasis drugmaker Vitae for $639 million (NYSE:LAZ) uk.reuters.com - September 14 at 10:06 AM
	Lazard Ltd. (LAZ) Announces Acquisition of Verus Partners (NYSE:LAZ) www.streetinsider.com - September 14 at 10:06 AM
	6:49 am Lazard acquires independent financial advisory boutique Verus Partners, financial terms were not disclosed (NYSE:LAZ) finance.yahoo.com - September 14 at 10:06 AM
	Lazard Expands Financial Advisory in North America with Acquisition of Canada-Based Verus Partners (NYSE:LAZ) finance.yahoo.com - September 14 at 10:06 AM
	Lazard acquires boutique Canadian investment bank Verus Partners (NYSE:LAZ) finance.yahoo.com - September 14 at 10:06 AM
	Saudi Arabia Said Poised to Add Boutique Adviser for Aramco IPO (NYSE:LAZ) washpost.bloomberg.com - September 13 at 10:44 AM
	Cleary Gottlieb Elects New Managing Partner (NYSE:LAZ) www.americanlawyer.com - September 12 at 5:41 PM
	Saudi said poised to add boutique adviser for Aramco IPO (NYSE:LAZ) www.gulf-times.com - September 10 at 5:25 PM
	Earnings Analysis & Update for Lazard Ltd. (NYSE:LAZ)? - Frisco Fastball (NYSE:LAZ) friscofastball.com - September 10 at 10:14 AM
	Seven investors seek to rescue, restructure recall-laden Takata (NYSE:LAZ) www.dallasnews.com - September 9 at 5:39 PM
	Seven investors bidding to restructure struggling Takata (NYSE:LAZ) www.dallasnews.com - September 9 at 10:36 AM
	Takata to take bids from 7 potential rescuers on Sept. 19, report says (NYSE:LAZ) www.autonews.com - September 9 at 10:36 AM
	Saudi Arabia Said Poised to Add Boutique for Aramco IPO (NYSE:LAZ) www.bloomberg.com - September 8 at 5:44 PM
	Japan's Takata to take bids from seven potential rescuers on September 19 - sources (NYSE:LAZ) www.reuters.com - September 8 at 5:44 PM
	Placing Lazard Ltd. (NYSE:LAZ) Shares Under the Microscope - Post News (NYSE:LAZ) www.kentuckypostnews.com - September 8 at 9:48 AM
	Japan's Takata to take bids from seven potential rescuers on Sept. 19 - sources (NYSE:LAZ) sg.finance.yahoo.com - September 8 at 9:48 AM
	Financial Stocks Technical Reports -- Lazard, Central Fund of Canada, Fortress Investment, and Intercontinental Exchange (NYSE:LAZ) www.prnewswire.com - September 7 at 9:23 AM
	Greenhill Adds Ex-Analyst Trone to Revive Wall Street Confidence (NYSE:LAZ) www.bloomberg.com - September 6 at 5:52 PM
	[$$] SolarCity Snafu Casts More Doubt on Fairness Opinions (NYSE:LAZ) www.wsj.com - September 6 at 10:38 AM
	Details Emerge Of $400 Million Error In SolarCity Corp (NASDAQ:SCTY) Valuation (NYSE:LAZ) marketexclusive.com - September 2 at 10:44 AM
	Elon Musk's bankers made a mistake on the SolarCity deal, but Tesla went ahead with it anyway (NYSE:LAZ) www.businessinsider.com - September 2 at 10:44 AM
	Elon Musk's bankers made a mistake on the SolarCity deal, but Tesla went ahead with it anyway - Business Insider (NYSE:LAZ) www.businessinsider.com - September 1 at 5:46 PM
	Stock in Review: Taking a Closer Look at Lazard Ltd. (NYSE:LAZ) Shares - Post News (NYSE:LAZ) www.kentuckypostnews.com - September 1 at 5:46 PM
	SolarCity advisor Lazard made mistake in deal with Tesla - Reuters (NYSE:LAZ) www.reuters.com - September 1 at 8:57 AM
	Risk Reward with Lazard Ltd - GuruFocus.com - GuruFocus.com (NYSE:LAZ) www.gurufocus.com - September 1 at 8:57 AM
	SolarCity (SCTY) Stock Climbs on Valuation Error (NYSE:LAZ) www.thestreet.com - September 1 at 8:57 AM
	Citigroup’s Brazil Retail Assets Valued at $350 Million (NYSE:LAZ) www.bloomberg.com - August 29 at 5:47 PM
	Takata shortlists Daicel, KKR, Ningbo, others in rescue search, report says (NYSE:LAZ) www.autonews.com - August 27 at 10:19 AM
	Takata shortlists Daicel, KKR, Ningbo, others in rescue search: sources (NYSE:LAZ) www.todayonline.com - August 26 at 8:54 AM
	Form 4 Lazard Ltd For: Aug 19 Filed by: Hoffman Scott D - StreetInsider.com (NYSE:LAZ) www.streetinsider.com - August 24 at 5:46 PM
	Lazard Ltd. (NYSE:LAZ) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:LAZ) voiceregistrar.com - August 24 at 5:46 PM
	Notification of Controlling Interest (NYSE:LAZ) www.stockhouse.com - August 24 at 9:00 AM
	Lazard : Saboteurs in Vain Attempt to Block Zim's Access to Funds (NYSE:LAZ) www.4-traders.com - August 24 at 9:00 AM
	Form 4 Lazard Ltd For: Aug 19 Filed by: Hoffman Scott D (NYSE:LAZ) www.streetinsider.com - August 24 at 9:00 AM
	TRADING UP: Schroders Bulks Up Fixed Income Team; Credit Suisse Hires Quant Pro (NYSE:LAZ) marketsmedia.com - August 23 at 6:07 PM
	Lazard Glbl Hexgn Fd (IRSH) (NYSE:LAZ) www.trustnet.com - August 23 at 6:07 PM
	Stock Trading Above Moving Averages: Lazard Ltd. (NYSE:LAZ) - Post News (NYSE:LAZ) www.kentuckypostnews.com - August 23 at 10:19 AM
	Lazard Global Total Return and Income Fund Announces Change to Investment Strategy (NYSE:LAZ) finance.yahoo.com - August 18 at 5:55 PM
	Form 4 Lazard Ltd For: Aug 15 Filed by: Mendillo Jane L (NYSE:LAZ) www.streetinsider.com - August 18 at 8:58 AM
	Nomura Maintains Lazard Ltd to Buy with Price Target $49.00 (NYSE:LAZ) www.tradecalls.org - August 9 at 6:06 PM
	Deal Watch: Two Firms Behind Bedding Industry Megamerger (NYSE:LAZ) www.americanlawyer.com - August 8 at 6:08 PM
	Nomura Maintains Lazard Ltd to Buy with Price Target $49.00 ... - Trade Calls (NYSE:LAZ) www.tradecalls.org - August 8 at 10:36 AM
	Takata's profit falls 33% as air bag suits weigh (NYSE:LAZ) www.marketwatch.com - August 6 at 6:04 PM