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: $36.04
  • 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:

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: $50.50 (40.12% upside)

Analysts' Ratings History for Lazard Ltd (NYSE:LAZ)
Show:
DateFirmActionRatingPrice TargetDetails
9/6/2016Credit Suisse Group AGReiterated RatingBuy$42.00View Rating Details
7/29/2016NomuraBoost Price TargetBuy$46.00 -> $49.00View 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 9/29/2014 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: $2.93 EPS
Next Year EPS Consensus Estimate: $3.24 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:4.22%
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)
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 IconLazard Ltd. (NYSE:LAZ) Latest Broker Coverage - NewsDen - NewsDen (NYSE:LAZ)
newsden.net - September 28 at 10:48 AM
News IconLazard Ltd. (NYSE:LAZ) earnings expectations - The Independent Republic (NYSE:LAZ)
theindependentrepublic.com - September 28 at 10:48 AM
News IconLazard Price Target Cut to $60.00 (LAZ) - Petro Global News 24 (NYSE:LAZ)
petroglobalnews24.com - September 22 at 9:05 AM
investornewswire.com logoCan Lazard Ltd. (NYSE:LAZ) Stock Touch $56? - Investor Newswire (NYSE:LAZ)
www.investornewswire.com - September 21 at 4:07 PM
businesswire.com logoLazard World Dividend & Income Fund Declares Monthly ... - Business Wire (press release) (NYSE:LAZ)
www.businesswire.com - September 16 at 5:44 PM
reuters.com logoLazard acquires boutique Verus to expand into Canadian advisory market - Reuters (NYSE:LAZ)
www.reuters.com - September 15 at 9:16 AM
business.financialpost.com logoLazard Ltd acquires Canadian independent boutique advisory Verus Partners (NYSE:LAZ)
business.financialpost.com - September 14 at 5:59 PM
reuters.com logoAllergan to buy experimental psoriasis drugmaker Vitae for $639 million (NYSE:LAZ)
uk.reuters.com - September 14 at 10:06 AM
streetinsider.com logoLazard Ltd. (LAZ) Announces Acquisition of Verus Partners (NYSE:LAZ)
www.streetinsider.com - September 14 at 10:06 AM
finance.yahoo.com logo6:49 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
finance.yahoo.com logoLazard Expands Financial Advisory in North America with Acquisition of Canada-Based Verus Partners (NYSE:LAZ)
finance.yahoo.com - September 14 at 10:06 AM
finance.yahoo.com logoLazard acquires boutique Canadian investment bank Verus Partners (NYSE:LAZ)
finance.yahoo.com - September 14 at 10:06 AM
bloomberg.com logoSaudi Arabia Said Poised to Add Boutique Adviser for Aramco IPO (NYSE:LAZ)
washpost.bloomberg.com - September 13 at 10:44 AM
News IconCleary Gottlieb Elects New Managing Partner (NYSE:LAZ)
www.americanlawyer.com - September 12 at 5:41 PM
News IconSaudi said poised to add boutique adviser for Aramco IPO (NYSE:LAZ)
www.gulf-times.com - September 10 at 5:25 PM
News IconEarnings Analysis & Update for Lazard Ltd. (NYSE:LAZ)? - Frisco Fastball (NYSE:LAZ)
friscofastball.com - September 10 at 10:14 AM
News IconSeven investors seek to rescue, restructure recall-laden Takata (NYSE:LAZ)
www.dallasnews.com - September 9 at 5:39 PM
News IconSeven investors bidding to restructure struggling Takata (NYSE:LAZ)
www.dallasnews.com - September 9 at 10:36 AM
News IconTakata to take bids from 7 potential rescuers on Sept. 19, report says (NYSE:LAZ)
www.autonews.com - September 9 at 10:36 AM
bloomberg.com logoSaudi Arabia Said Poised to Add Boutique for Aramco IPO (NYSE:LAZ)
www.bloomberg.com - September 8 at 5:44 PM
reuters.com logoJapan's Takata to take bids from seven potential rescuers on September 19 - sources (NYSE:LAZ)
www.reuters.com - September 8 at 5:44 PM
News IconPlacing Lazard Ltd. (NYSE:LAZ) Shares Under the Microscope - Post News (NYSE:LAZ)
www.kentuckypostnews.com - September 8 at 9:48 AM
sg.finance.yahoo.com logoJapan'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
prnewswire.com logoFinancial Stocks Technical Reports -- Lazard, Central Fund of Canada, Fortress Investment, and Intercontinental Exchange (NYSE:LAZ)
www.prnewswire.com - September 7 at 9:23 AM
bloomberg.com logoGreenhill Adds Ex-Analyst Trone to Revive Wall Street Confidence (NYSE:LAZ)
www.bloomberg.com - September 6 at 5:52 PM
wsj.com logo[$$] SolarCity Snafu Casts More Doubt on Fairness Opinions (NYSE:LAZ)
www.wsj.com - September 6 at 10:38 AM
marketexclusive.com logoDetails Emerge Of $400 Million Error In SolarCity Corp (NASDAQ:SCTY) Valuation (NYSE:LAZ)
marketexclusive.com - September 2 at 10:44 AM
News IconElon 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
News IconElon 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
News IconStock 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
reuters.com logoSolarCity advisor Lazard made mistake in deal with Tesla - Reuters (NYSE:LAZ)
www.reuters.com - September 1 at 8:57 AM
gurufocus.com logoRisk Reward with Lazard Ltd - GuruFocus.com - GuruFocus.com (NYSE:LAZ)
www.gurufocus.com - September 1 at 8:57 AM
thestreet.com logoSolarCity (SCTY) Stock Climbs on Valuation Error (NYSE:LAZ)
www.thestreet.com - September 1 at 8:57 AM
bloomberg.com logoCitigroup’s Brazil Retail Assets Valued at $350 Million (NYSE:LAZ)
www.bloomberg.com - August 29 at 5:47 PM
News IconTakata shortlists Daicel, KKR, Ningbo, others in rescue search, report says (NYSE:LAZ)
www.autonews.com - August 27 at 10:19 AM
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

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Lazard Ltd (NYSE:LAZ) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff