Lazard Ltd Company Profile (NYSE:LAZ)

About Lazard Ltd

Lazard Ltd logoLazard 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: $36.60
  • 50 Day Moving Average: $34.31
  • 200 Day Moving Average: $34.76
  • Trailing P/E Ratio: 6.92
  • Foreward P/E Ratio: 11.33
  • P/E Growth: -4.04
  • Market Cap: $4.55B
  • Outstanding Shares: 124,220,000
  • Beta: 2.2
Additional Links:
Companies Related to Lazard Ltd:

Analyst Ratings

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: $52.50 (43.44% upside)

Analysts' Ratings History for Lazard Ltd (NYSE:LAZ)
Show:
DateFirmActionRatingPrice TargetDetails
7/29/2016NomuraBoost Price TargetBuy$46.00 -> $49.00View Rating Details
6/28/2016Credit Suisse Group AGReiterated RatingBuyView Rating Details
2/3/2016ArgusReiterated RatingBuy$56.00 -> $45.00View Rating Details
2/3/2016SusquehannaReiterated RatingBuy$53.00 -> $50.00View Rating Details
2/3/2016Keefe, Bruyette & WoodsLower Price TargetOutperform$55.00 -> $52.00View Rating Details
2/3/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details
1/13/2016JMP SecuritiesLower Price Target$60.00 -> $58.00View Rating Details
1/12/2016Goldman Sachs Group Inc.DowngradeBuy -> Neutral$56.00 -> $48.00View Rating Details
11/18/2015Raymond James Financial Inc.UpgradeOutperform -> Strong-Buy$60.00View Rating Details
10/7/2015Sandler O'NeillUpgradeHold -> BuyView Rating Details
1/12/2015Buckingham ResearchReiterated RatingBuyView Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for Lazard Ltd (NYSE:LAZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
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$0.70$0.77$561.07 million$581.00 millionViewN/AView Earnings Details
2/5/2015Q4$1.07$1.29$617.43 million$645.80 millionViewN/AView Earnings Details
10/23/2014Q314$0.64$0.67$555.75 million$583.00 millionViewListenView Earnings Details
7/24/2014Q214$0.58$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: $2.92 EPS
Next Year EPS Consensus Estimate: $3.23 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.73$0.80$0.77
Q2 20162$0.85$0.87$0.86
Q3 20161$0.79$0.79$0.79
Q4 20161$0.99$0.99$0.99
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lazard Ltd (NYSE:LAZ)
Annual Dividend:$1.52
Dividend Yield:4.15%
Payout Ratio:52.05% (Based on Current Year Consensus EPS Estimate)
47.06% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:12.00% (3 Year Average)

Dividend History for Lazard Ltd (NYSE:LAZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Lazard Ltd (NYSE:LAZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Lazard Ltd (NYSE:LAZ)
DateHeadline
News IconTakata shortlists Daicel, KKR, Ningbo, others in rescue search: sources (NYSE:LAZ)
www.todayonline.com - August 26 at 8:54 AM
streetinsider.com logoForm 4 Lazard Ltd For: Aug 19 Filed by: Hoffman Scott D - StreetInsider.com (NYSE:LAZ)
www.streetinsider.com - August 24 at 5:46 PM
News IconLazard Ltd. (NYSE:LAZ) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:LAZ)
voiceregistrar.com - August 24 at 5:46 PM
stockhouse.com logoNotification of Controlling Interest (NYSE:LAZ)
www.stockhouse.com - August 24 at 9:00 AM
4-traders.com logoLazard : Saboteurs in Vain Attempt to Block Zim's Access to Funds (NYSE:LAZ)
www.4-traders.com - August 24 at 9:00 AM
streetinsider.com logoForm 4 Lazard Ltd For: Aug 19 Filed by: Hoffman Scott D (NYSE:LAZ)
www.streetinsider.com - August 24 at 9:00 AM
News IconTRADING UP: Schroders Bulks Up Fixed Income Team; Credit Suisse Hires Quant Pro (NYSE:LAZ)
marketsmedia.com - August 23 at 6:07 PM
trustnet.com logoLazard Glbl Hexgn Fd (IRSH) (NYSE:LAZ)
www.trustnet.com - August 23 at 6:07 PM
News IconStock Trading Above Moving Averages: Lazard Ltd. (NYSE:LAZ) - Post News (NYSE:LAZ)
www.kentuckypostnews.com - August 23 at 10:19 AM
finance.yahoo.com logoLazard Global Total Return and Income Fund Announces Change to Investment Strategy (NYSE:LAZ)
finance.yahoo.com - August 18 at 5:55 PM
streetinsider.com logoForm 4 Lazard Ltd For: Aug 15 Filed by: Mendillo Jane L (NYSE:LAZ)
www.streetinsider.com - August 18 at 8:58 AM
tradecalls.org logoNomura Maintains Lazard Ltd to Buy with Price Target $49.00 (NYSE:LAZ)
www.tradecalls.org - August 9 at 6:06 PM
News IconDeal Watch: Two Firms Behind Bedding Industry Megamerger (NYSE:LAZ)
www.americanlawyer.com - August 8 at 6:08 PM
tradecalls.org logoNomura Maintains Lazard Ltd to Buy with Price Target $49.00 ... - Trade Calls (NYSE:LAZ)
www.tradecalls.org - August 8 at 10:36 AM
marketwatch.com logoTakata's profit falls 33% as air bag suits weigh (NYSE:LAZ)
www.marketwatch.com - August 6 at 6:04 PM
finance.yahoo.com logoLAZARD LTD Financials (NYSE:LAZ)
finance.yahoo.com - August 5 at 6:02 PM
wsj.com logoTakata Earnings Driven Down by $35 Million Charge (NYSE:LAZ)
www.wsj.com - August 5 at 8:55 AM
News IconJerónimo Marcos Gerard Rivero Joins Lazard as Senior Advisor (NYSE:LAZ)
www.enhancedonlinenews.com - August 4 at 6:12 PM
nasdaq.com logoJohn Rogers Comments on Lazard Ltd - Nasdaq (NYSE:LAZ)
www.nasdaq.com - August 4 at 8:58 AM
News IconNew Belgium Founder Vows to Remain Independent Amid Rumors of Sale (NYSE:LAZ)
www.brewbound.com - August 3 at 6:11 PM
finance.yahoo.com logoJohn Rogers Comments on Lazard Ltd (NYSE:LAZ)
finance.yahoo.com - August 3 at 6:11 PM
News IconTesla lowers bid, agrees to pay $2.6 billion for SolarCity (NYSE:LAZ)
www.standard.net - August 1 at 5:46 PM
biz.yahoo.com logoLAZARD LTD Files SEC form 10-Q, Quarterly Report (NYSE:LAZ)
biz.yahoo.com - August 1 at 5:46 PM
stocksdaily.net logoLazard Ltd. (NYSE:LAZ): The Buzzing Stock - Stocks Daily (NYSE:LAZ)
www.stocksdaily.net - July 30 at 5:25 PM
cnbc.com logoUPDATE 3-Lazard profit beats on higher restructuring advisory revenue (NYSE:LAZ)
www.cnbc.com - July 29 at 6:04 PM
4-traders.com logoLazard's Earnings, Revenue Slide (NYSE:LAZ)
www.4-traders.com - July 29 at 6:04 PM
reuters.com logoLazard's profit beats on higher restructuring advisory revenue (NYSE:LAZ)
www.reuters.com - July 29 at 6:04 PM
wsj.com logoLazard’s Earnings, Revenue Slide Amid Rocky Markets (NYSE:LAZ)
www.wsj.com - July 29 at 6:04 PM
finance.yahoo.com logoLazard (LAZ) Q2 Earnings Impress on Low Costs, Shares Up (NYSE:LAZ)
finance.yahoo.com - July 29 at 6:04 PM
wsj.com logo[$$] Lazard's Earnings, Revenue Slide Amid Rocky Markets (NYSE:LAZ)
www.wsj.com - July 28 at 3:53 PM
businesswire.com logoLazard Ltd Reports Second-Quarter and First-Half 2016 Results - Business Wire (press release) (NYSE:LAZ)
www.businesswire.com - July 28 at 8:59 AM
publicnow.com logoLazard Declares Quarterly Dividend (NYSE:LAZ)
www.publicnow.com - July 27 at 4:48 PM
News IconLazard Hires Mulshine for Private Capital Advisory Role ... - FINalternatives (NYSE:LAZ)
www.finalternatives.com - July 27 at 8:47 AM
News IconLazard hires Christopher Mulshine for private capital advisory business (NYSE:LAZ)
www.opalesque.com - July 26 at 6:09 PM
News IconLazard Hires Mulshine for Private Capital Advisory Role (NYSE:LAZ)
www.finalternatives.com - July 26 at 6:09 PM
News IconStocks Gainers/Losers Roundup: Pfizer Inc. (NYSE:PFE), Lazard Ltd. (NYSE:LAZ), Leidos Holdings, Inc. (NYSE:LDOS) - Seneca Globe (NYSE:LAZ)
www.senecaglobe.com - July 26 at 8:56 AM
News IconLazard Hires Mulshine for Private Capital Advisory Role - FINalternatives (NYSE:LAZ)
www.finalternatives.com - July 25 at 6:03 PM
streetinsider.com logoLazard Ltd. (LAZ) Hires Credit Suisse's Mulshine as MD - StreetInsider.com (NYSE:LAZ)
www.streetinsider.com - July 25 at 6:03 PM
wsj.com logo[$$] Lazard Hires Credit Suisse Exec as MD for Private Capital Group (NYSE:LAZ)
www.wsj.com - July 25 at 3:27 PM
msn.com logoMOVES-Lazard appoints Christopher Mulshine managing director (NYSE:LAZ)
www.msn.com - July 25 at 10:27 AM
News IconChristopher Mulshine joins Lazard’s private capital advisory group (NYSE:LAZ)
www.pehub.com - July 25 at 10:27 AM
businesswire.com logoLazard Hires Christopher Mulshine as a Managing Director in Private Capital Advisory (NYSE:LAZ)
www.businesswire.com - July 25 at 10:27 AM
streetinsider.com logoLazard Ltd. (LAZ) Hires Credit Suisse's Mulshine as MD (NYSE:LAZ)
www.streetinsider.com - July 25 at 10:27 AM
ftsenews.co.uk logoNew Broker Ratings For Lazard Ltd. (NYSE:LAZ) - FTSE News (NYSE:LAZ)
www.ftsenews.co.uk - July 24 at 5:32 PM
seekingalpha.com logoA Flight To Safety: 10 July Dogs With 5%+ Yields & The Cash To Pay 'Em (NYSE:LAZ)
seekingalpha.com - July 23 at 9:52 AM
News IconVedanta, Cairn India Approve Revised Merger Terms (NYSE:LAZ)
lovingfutbol.com - July 22 at 5:50 PM
News IconHonda Audit Reveals Takata Engineers Manipulated Airbag Test Data (NYSE:LAZ)
www.claimsjournal.com - July 21 at 6:06 PM
bloomberg.com logoChinese-Owned Key Safety Systems Said to Plan Bid for Takata (NYSE:LAZ)
washpost.bloomberg.com - July 21 at 6:06 PM
finance.yahoo.com logoZimbabwe to pay army, police late as cash crisis deepens (NYSE:LAZ)
finance.yahoo.com - July 21 at 12:48 PM
News IconShares Turning Downward: Lazard Ltd. (NYSE:LAZ) - TGP (NYSE:LAZ)
telanaganapress.com - July 21 at 12:03 PM

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Lazard Ltd (NYSE:LAZ) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff