Log in

NYSE:LAZ - Lazard Stock Price, Forecast & News

$24.35
-0.79 (-3.14 %)
(As of 03/29/2020 02:57 AM ET)
Today's Range
$23.86
Now: $24.35
$25.27
50-Day Range
$21.06
MA: $34.78
$43.87
52-Week Range
$20.94
Now: $24.35
$44.95
Volume743,314 shs
Average Volume1.20 million shs
Market Capitalization$2.56 billion
P/E Ratio10.06
Dividend Yield7.48%
Beta1.64
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm worldwide. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, restructurings, capital structure, capital raising, shareholder advisory, and various other financial matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income 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.
Read More
Lazard logo

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
CUSIPG5405010
Phone441-295-1422

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.67 billion
Cash Flow$7.42 per share
Book Value$6.49 per share

Profitability

Net Income$286.50 million

Miscellaneous

Employees3,018
Market Cap$2.56 billion
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

Receive LAZ News and Ratings via Email

Sign-up to receive the latest news and ratings for LAZ and its competitors with MarketBeat's FREE daily newsletter.


Lazard (NYSE:LAZ) Frequently Asked Questions

How has Lazard's stock been impacted by COVID-19 (Coronavirus)?

Lazard's stock was trading at $29.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LAZ stock has decreased by 17.8% and is now trading at $24.35. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lazard?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lazard.

When is Lazard's next earnings date?

Lazard is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Lazard.

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) posted its quarterly earnings results on Thursday, January, 30th. The asset manager reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.10. The asset manager had revenue of $721.34 million for the quarter, compared to analyst estimates of $685.22 million. Lazard had a return on equity of 53.88% and a net margin of 10.74%. The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.94 EPS. View Lazard's earnings history.

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

Lazard declared a quarterly dividend on Wednesday, January 29th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.47 per share on Friday, February 28th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date of this dividend is Friday, February 14th. View Lazard's dividend history.

What price target have analysts set for LAZ?

7 brokers have issued twelve-month price targets for Lazard's stock. Their forecasts range from $23.00 to $48.00. On average, they anticipate Lazard's stock price to reach $39.17 in the next year. This suggests a possible upside of 60.8% from the stock's current price. View analysts' price targets for Lazard.

Has Lazard been receiving favorable news coverage?

News coverage about LAZ stock has been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lazard earned a news impact score of -2.1 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutLazard.

Are investors shorting Lazard?

Lazard saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 2,919,900 shares, a drop of 5.5% from the February 27th total of 3,090,000 shares. Based on an average trading volume of 857,400 shares, the short-interest ratio is presently 3.4 days. Approximately 2.7% of the shares of the company are short sold. View Lazard's Current Options Chain.

Who are some of Lazard's key competitors?

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), AbbVie (ABBV), AT&T (T), Walt Disney (DIS), Micron Technology (MU), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Boeing (BA), Verizon Communications (VZ) and NVIDIA (NVDA).

Who are Lazard's key executives?

Lazard's management team includes the following people:
  • Mr. Kenneth Marc Jacobs, Chairman & CEO (Age 61)
  • Mr. Ashish Bhutani, Vice Chairman & MD (Age 59)
  • Mr. Evan L. Russo J.D., Chief Financial Officer (Age 44)
  • Mr. Alexander Franz Stern, Chief Operating Officer & CEO of Financial Advisory (Age 53)
  • Mr. Scott D. Hoffman Esq., Chief Admin. Officer, Gen. Counsel & Sec. (Age 56)

What is Lazard's stock symbol?

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

Who are Lazard's major shareholders?

Lazard's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (10.42%), Ariel Investments LLC (5.19%), LSV Asset Management (3.12%), RWC Asset Management LLP (2.04%), Norges Bank (1.41%) and State Street Corp (1.22%). Company insiders that own Lazard stock include Alexander F Stern, Dominick Ragone and Scott D Hoffman. View institutional ownership trends for Lazard.

Which major investors are selling Lazard stock?

LAZ stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Ariel Investments LLC, Geode Capital Management LLC, Nuveen Asset Management LLC, First Trust Advisors LP, LSV Asset Management, Royce & Associates LP, and Charles Schwab Investment Management Inc.. Company insiders that have sold Lazard company stock in the last year include Alexander F Stern, Dominick Ragone, and Scott D Hoffman. View insider buying and selling activity for Lazard.

Which major investors are buying Lazard stock?

LAZ stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Credit Suisse AG, MUFG Securities EMEA plc, Thornburg Investment Management Inc., Public Sector Pension Investment Board, Bank of Montreal Can, and Blueshift Asset Management LLC. View insider buying and selling activity for Lazard.

How do I buy shares of Lazard?

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

What is Lazard's stock price today?

One share of LAZ stock can currently be purchased for approximately $24.35.

How big of a company is Lazard?

Lazard has a market capitalization of $2.56 billion and generates $2.67 billion in revenue each year. The asset manager earns $286.50 million in net income (profit) each year or $3.28 on an earnings per share basis. Lazard employs 3,018 workers across the globe. View additional information about Lazard.

What is Lazard's official website?

The official website for Lazard is http://www.lazard.com/.

How can I contact Lazard?

Lazard's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM II. The asset manager can be reached via phone at 441-295-1422 or via email at [email protected]


MarketBeat Community Rating for Lazard (NYSE LAZ)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  590 (Thanks for Voting!)
Underperform Votes:  573 (Thanks for Voting!)
Total Votes:  1,163
MarketBeat's community ratings are surveys of what our community members think about Lazard and other stocks. Vote "Outperform" if you believe LAZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LAZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel