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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
The Next Stage Of Google’s Rally Just Started
Public Service Announcement: New National Emergency Incoming (Ad)
CarMax Slides On Earnings Disappointment, Time To Celebrate?
Costco Isn't Facing Devastating Surges in Theft Like Target and Walmart — and the Reason Is Very Simple
Public Service Announcement: New National Emergency Incoming (Ad)
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
4 Proven Strategies to Help You Find Success in Executive Leadership
His system isolated NVIDIA - Here's His Next Buy. (Ad)
'Control, Surveillance and Manipulation': How TikTok's Office Surveillance Could Backfire and Cost The Company Billions
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
The Next Stage Of Google’s Rally Just Started
Public Service Announcement: New National Emergency Incoming (Ad)
CarMax Slides On Earnings Disappointment, Time To Celebrate?
Costco Isn't Facing Devastating Surges in Theft Like Target and Walmart — and the Reason Is Very Simple
Public Service Announcement: New National Emergency Incoming (Ad)
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
4 Proven Strategies to Help You Find Success in Executive Leadership
His system isolated NVIDIA - Here's His Next Buy. (Ad)
'Control, Surveillance and Manipulation': How TikTok's Office Surveillance Could Backfire and Cost The Company Billions
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
The Next Stage Of Google’s Rally Just Started
Public Service Announcement: New National Emergency Incoming (Ad)
CarMax Slides On Earnings Disappointment, Time To Celebrate?
Costco Isn't Facing Devastating Surges in Theft Like Target and Walmart — and the Reason Is Very Simple
Public Service Announcement: New National Emergency Incoming (Ad)
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
4 Proven Strategies to Help You Find Success in Executive Leadership
His system isolated NVIDIA - Here's His Next Buy. (Ad)
'Control, Surveillance and Manipulation': How TikTok's Office Surveillance Could Backfire and Cost The Company Billions
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
NYSE:LAZ

Lazard (LAZ) Stock Forecast, Price & News

$31.01
-0.02 (-0.06%)
(As of 09/29/2023 ET)
Compare
Today's Range
$30.99
$31.52
50-Day Range
$30.34
$36.42
52-Week Range
$27.71
$43.44
Volume
329,334 shs
Average Volume
600,174 shs
Market Capitalization
$3.50 billion
P/E Ratio
N/A
Dividend Yield
6.45%
Price Target
$40.00

Lazard MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
29.0% Upside
$40.00 Price Target
Short Interest
Bearish
2.80% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.05mentions of Lazard in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
452.78%
From $0.72 to $3.98 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Finance Sector

246th out of 881 stocks

Investment Advice Industry

19th out of 50 stocks


LAZ stock logo

About Lazard (NYSE:LAZ) Stock

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.

LAZ Price History

LAZ Stock News Headlines

3 Emerging Market Stocks To Cushion FED Hikes (LAZ)
As the United States business outlook dampens on the back of FED hikes, these emerging market stocks begin to shine a light on the next growth wave
WARNING: Seven millionaires to trigger sudden market panic?
The next major selloff could be just days away…And seven powerful (yet completely unknown) insiders will be behind it all – and help corporate executives make a killing as it plays out. Here’s the full story.
Allen Lazard Can't Be Trusted In Week 3
Goldman Sachs Downgrades Lazard - (LAZ)
DOD Consultant's big 2024 prediction looks to be coming true
Earlier this year, a Department of Defense (DOD) consultant went public with a big prediction…About how a surprising 2024 event would dramatically affect you and your money. The most recent figures (published June 9th 2023) indicate he’s very likely to be right. Get the facts—learn how to prepare. Full analysis available free of charge here…
Lazard (NYSE:LAZ) Downgraded to Sell at The Goldman Sachs Group
What 5 Analyst Ratings Have To Say About Lazard
Goldman Sachs downgrades Lazard (LAZ) to a Hold
Lazard's New Boss Lays Out Strategy
Lazard's (LAZ) August AUM Falls 2.9% on Challenging Markets
Lazard Reports Preliminary Aug. AUM - Quick Facts
Lazard August AUM drops 3% in August
Lazard Reports August 2023 Assets Under Management
See More Headlines
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LAZ Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/18 Dividend
8/04/2023
Dividend Payable
8/18/2023
Today
9/30/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
CUSIP
G5405010
Employees
3,402
Year Founded
1848

Price Target and Rating

Average Stock Price Forecast
$40.00
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+29.0%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$357.52 million
Pretax Margin
3.12%

Debt

Sales & Book Value

Annual Sales
$2.86 billion
Cash Flow
$7.51 per share
Book Value
$5.99 per share

Miscellaneous

Free Float
108,413,000
Market Cap
$3.50 billion
Optionable
Optionable
Beta
1.41

Social Links

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Key Executives

  • Mr. Kenneth Marc Jacobs (Age 64)
    Chairman & CEO
    Comp: $1.14M
  • Mr. Peter R. Orszag (Age 54)
    Chief Exec. Officer of Financial Advisory
    Comp: $2.08M
  • Mr. Evan Lawrence Russo J.D. (Age 48)
    Chief Exec. Officer of Asset Management
    Comp: $868.16k
  • Mr. Raymond J. McGuire (Age 66)
    Pres
  • Ms. Mary Ann Betsch (Age 44)
    CFO & Chief Accounting Officer
  • Mr. Pierre Tattevin (Age 66)
    Managing Director
  • Mr. Scott D. Hoffman Esq.Mr. Scott D. Hoffman Esq. (Age 60)
    Chief Admin. Officer, Gen. Counsel & Sec.
  • Ms. Alexandra M. Deignan
    Head of Investor Relations
  • Ms. Judi Frost Mackey
    Managing Director of Global Communications
  • Ms. Alexandra Soto (Age 55)
    Group Exec. of Human Capital & Workplace Innovation













LAZ Stock - Frequently Asked Questions

Should I buy or sell Lazard stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LAZ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAZ, but not buy additional shares or sell existing shares.
View LAZ analyst ratings
or view top-rated stocks.

What is Lazard's stock price forecast for 2023?

6 analysts have issued 12 month price objectives for Lazard's shares. Their LAZ share price forecasts range from $32.00 to $53.00. On average, they expect the company's share price to reach $40.00 in the next year. This suggests a possible upside of 29.0% from the stock's current price.
View analysts price targets for LAZ
or view top-rated stocks among Wall Street analysts.

How have LAZ shares performed in 2023?

Lazard's stock was trading at $34.67 on January 1st, 2023. Since then, LAZ shares have decreased by 10.6% and is now trading at $31.01.
View the best growth stocks for 2023 here
.

When is Lazard's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our LAZ earnings forecast
.

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) released its quarterly earnings results on Thursday, July, 27th. The asset manager reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.13. The asset manager earned $620 million during the quarter, compared to analysts' expectations of $572.06 million. Lazard had a net margin of 0.07% and a trailing twelve-month return on equity of 30.45%. Lazard's revenue was down 8.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.92 earnings per share.

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

Lazard declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.50 per share on Friday, August 18th. This represents a $2.00 annualized dividend and a yield of 6.45%. The ex-dividend date of this dividend is Friday, August 4th.
Read our dividend analysis for LAZ
.

Is Lazard a good dividend stock?

Lazard (NYSE:LAZ) pays an annual dividend of $2.00 per share and currently has a dividend yield of 6.55%. LAZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for LAZ.

What is Kenneth M. Jacobs' approval rating as Lazard's CEO?

96 employees have rated Lazard Chief Executive Officer Kenneth M. Jacobs on Glassdoor.com. Kenneth M. Jacobs has an approval rating of 98% among the company's employees. This puts Kenneth M. Jacobs in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Lazard own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lazard investors own include Bank of America (BAC), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Enterprise Products Partners (EPD), Micron Technology (MU), CVS Health (CVS) and QUALCOMM (QCOM).

What is Lazard's stock symbol?

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

How do I buy shares of Lazard?

Shares of LAZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lazard's stock price today?

One share of LAZ stock can currently be purchased for approximately $31.01.

How much money does Lazard make?

Lazard (NYSE:LAZ) has a market capitalization of $3.50 billion and generates $2.86 billion in revenue each year. The asset manager earns $357.52 million in net income (profit) each year or ($0.18) on an earnings per share basis.

How many employees does Lazard have?

The company employs 3,402 workers across the globe.

How can I contact Lazard?

Lazard's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM II. The official website for the company is www.lazard.com. The asset manager can be reached via phone at (212) 632-6000, via email at alexandra.deignan@lazard.com, or via fax at 441-292-4720.

This page (NYSE:LAZ) was last updated on 9/30/2023 by MarketBeat.com Staff

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