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: $36.03
  • 50 Day Moving Average: $35.96
  • 200 Day Moving Average: $34.81
  • 52-Week Range: $26.21 - $49.57
  • Trailing P/E Ratio: 6.81
  • Foreward P/E Ratio: 11.19
  • P/E Growth: -5.15
  • 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, 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $50.25 (39.47% upside)

Analysts' Ratings History for Lazard Ltd (NYSE:LAZ)
DateFirmActionRatingPrice TargetDetails
10/5/2016NomuraReiterated RatingBuy$47.00View Rating Details
9/6/2016Credit Suisse Group AGReiterated RatingBuy$42.00View 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 10/22/2014 forward)


Earnings History for Lazard Ltd (NYSE:LAZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q316$0.81$593.03 millionN/AView 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$0.70$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)


Earnings Estimates for Lazard Ltd (NYSE:LAZ)
Current Year EPS Consensus Estimate: $2.84 EPS
Next Year EPS Consensus Estimate: $3.22 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)


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:53.52% (Based on Current Year Consensus EPS Estimate)
47.20% (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
(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)


Latest Headlines for Lazard Ltd (NYSE:LAZ)
News IconLazard Ltd. (NYSE:LAZ) Updated Broker Price Targets - The De ... - The De Soto Edge (NYSE:LAZ) - October 21 at 9:16 AM
News IconFlash in the Pan or Long Term Growth Play: Lazard Ltd. (NYSE:LAZ) - CSZ News (NYSE:LAZ) - October 19 at 6:15 PM
News IconEarnings Preview: Lazard Ltd. (NYSE:LAZ) moved up 18 times out of last 27 quarters - The Independent Republic (NYSE:LAZ) - October 19 at 6:15 PM
News IconWall Street Consensus Update & Stock Review on Lazard Ltd. (NYSE:LAZ) - Recall News (NYSE:LAZ) - October 19 at 10:48 AM
News IconLazard Ltd. (NYSE:LAZ) Analyst Review - NewsDen (NYSE:LAZ) - October 19 at 10:48 AM logoLuxury Shoemaker Golden Goose Said to Weigh $439 Million Sale (NYSE:LAZ) - October 18 at 5:48 PM logoLazard Global Total Return and Income Fund Declares Monthly Distribution - Business Wire (press release) (NYSE:LAZ) - October 18 at 11:06 AM
News IconBroker Roundup For Lazard Ltd. (NYSE:LAZ) - The De Soto Edge - The De Soto Edge (NYSE:LAZ) - October 17 at 5:50 PM logoEPS Projection For Lazard Ltd. (NYSE:LAZ) At $0.77? - Stocks Daily (NYSE:LAZ) - October 16 at 5:44 PM
News IconUpdate on Lazard Ltd. (NYSE:LAZ) for the day (NYSE:LAZ) - October 15 at 10:37 AM logoLazard Ltd. : LAZ-US: Dividend Analysis : August 08th, 2016 (record date) : By the numbers : October 14, 2016 (NYSE:LAZ) - October 14 at 5:44 PM
News IconWhittier Trust Co. of Nevada Inc. Increases Stake in Lazard Ltd (LAZ) - DailyQuint (NYSE:LAZ) - October 13 at 9:26 AM
News IconLatest Analyst Reports On Lazard Ltd. - NewsDen (NYSE:LAZ) - October 13 at 9:26 AM
News IconIn it for the Long Haul: Update on Lazard Ltd. (NYSE:LAZ) - CSZ News (NYSE:LAZ) - October 13 at 9:26 AM
News IconSell-side is Weighing in on Lazard Ltd. (NYSE:LAZ) Earnings - CSZ News (NYSE:LAZ) - October 13 at 9:26 AM logoHolding in Company - Lazard 11 Oct 2016 (NYSE:LAZ) - October 12 at 5:53 PM
News IconDelsey owners said to weigh sale valuing firm at $500 million (NYSE:LAZ) - October 12 at 11:06 AM logoLazard to Announce Third-Quarter and Nine-Month 2016 Results (NYSE:LAZ) - October 12 at 11:06 AM
News IconLazard Ltd. (NYSE:LAZ) earnings reaction history - The Independent Republic (NYSE:LAZ) - October 11 at 6:08 PM
News IconPosition Changed: As Lazard LTD (LAZ) Share Value Declined, Ariel Investments LLC Raised Its Position by $35.79 ... - Chester News (NYSE:LAZ) - October 10 at 10:34 AM
News IconTakata hires law firm Weil Gotshal with bankruptcy among options, report says (NYSE:LAZ) - October 8 at 10:24 AM
News IconTwitter acquisition race: Google and Disney are out; Salesforce CEO is on the fence now (NYSE:LAZ) - October 6 at 5:46 PM logoTwitter Shares Drop on Report Saying Google Won’t Make a Bid (NYSE:LAZ) - October 6 at 5:46 PM
News IconAnalysts Take the Wheel on Lazard Ltd. (NYSE:LAZ) Shares and Where They Might Be Headed - CSZ News (NYSE:LAZ) - October 6 at 11:21 AM logoMOVES- Lazard Ltd, Campbell & Co, Deutsche Bank, JP Morgan - Reuters (NYSE:LAZ) - October 4 at 5:44 PM logoMichael Schwartz Joins Lazard Middle Market to Lead Corporate ... - Business Wire (press release) (NYSE:LAZ) - October 4 at 10:39 AM
News IconBroker Roundup For Lazard Ltd. (NYSE:LAZ) - The De Soto Edge (NYSE:LAZ) - October 4 at 10:39 AM logoMichael Schwartz Joins Lazard Middle Market to Lead Corporate Finance Advisory (NYSE:LAZ) - October 4 at 10:39 AM
News IconGoogle And Twitter Consulting With Third Parties (NYSE:LAZ) - October 3 at 5:35 PM
News IconTwitter (TWTR) Stock up Sharply After Alphabet Evaluates Bid (NYSE:LAZ) - October 3 at 5:35 PM
News IconGoogle hires adviser to review Twitter bid (NYSE:LAZ) - October 3 at 5:35 PM
News IconGoogle Said to Tap Lazard to Review Potential Bid for Twitter - Newsmax (NYSE:LAZ) - October 3 at 10:30 AM
News IconGoogle A Potential Bidder For Twitter: Lazard To Advise Google (NYSE:LAZ) - October 2 at 10:08 AM logoGoogle hires Lazard to explore Twitter purchase: Report (NYSE:LAZ) - October 2 at 10:08 AM logoGoogle hires Lazard to explore Twitter purchase (NYSE:LAZ) - October 1 at 12:06 PM logoGoogle hires Lazard to explore Twitter purchase: Report - USA TODAY (NYSE:LAZ) - October 1 at 11:16 AM logo2 Promising Dividend Stocks You've Never Heard Of - Motley Fool (NYSE:LAZ) - September 30 at 11:02 AM
News IconUpgrades And Downgrades For Lazard Ltd. (NYSE:LAZ) - NewsDen - NewsDen (NYSE:LAZ) - September 30 at 11:02 AM logoLazard Ltd. breached its 50 day moving average in a Bearish Manner : LAZ-US : September 30, 2016 (NYSE:LAZ) - September 30 at 11:02 AM logo2 Promising Dividend Stocks You've Never Heard Of (NYSE:LAZ) - September 30 at 11:02 AM
News IconLatest Analyst Ratings For Lazard Ltd. (NYSE:LAZ) - The De Soto Edge (NYSE:LAZ) - September 29 at 5:49 PM logoTakata should file for bankruptcy protection, all five bidders say: sources (NYSE:LAZ) - September 29 at 10:55 AM
News IconLazard Ltd. (NYSE:LAZ) Latest Broker Coverage - NewsDen - NewsDen (NYSE:LAZ) - September 28 at 10:48 AM
News IconLazard Ltd. (NYSE:LAZ) earnings expectations - The Independent Republic (NYSE:LAZ) - September 28 at 10:48 AM
News IconLazard Price Target Cut to $60.00 (LAZ) - Petro Global News 24 (NYSE:LAZ) - September 22 at 9:05 AM logoCan Lazard Ltd. (NYSE:LAZ) Stock Touch $56? - Investor Newswire (NYSE:LAZ) - September 21 at 4:07 PM logoLazard World Dividend & Income Fund Declares Monthly ... - Business Wire (press release) (NYSE:LAZ) - September 16 at 5:44 PM logoLazard acquires boutique Verus to expand into Canadian advisory market - Reuters (NYSE:LAZ) - September 15 at 9:16 AM logoLazard Ltd acquires Canadian independent boutique advisory Verus Partners (NYSE:LAZ) - September 14 at 5:59 PM logoAllergan to buy experimental psoriasis drugmaker Vitae for $639 million (NYSE:LAZ) - September 14 at 10:06 AM


Lazard Ltd (NYSE:LAZ) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by Staff