Lazard Stock Price, Forecast & Analysis (NYSE:LAZ)

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

Lazard declared a quarterly dividend on Wednesday, October 30th. Stockholders of record on Monday, November 11th will be given a dividend of $0.47 per share on Friday, November 22nd. This represents a $1.88 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date is Thursday, November 7th. View Lazard's Dividend History.

Lazard Ltd (NYSE:LAZ) posted its quarterly earnings results on Thursday, October, 31st. The asset manager reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.03. The asset manager earned $588 million during the quarter, compared to analyst estimates of $612.98 million. Lazard had a return on equity of 50.66% and a net margin of 12.29%. Lazard's quarterly revenue was down 3.0% on a year-over-year basis. During the same quarter last year, the company earned $0.86 EPS. View Lazard's Earnings History.

Lazard is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Lazard.

4 analysts have issued twelve-month price objectives for Lazard's shares. Their forecasts range from $36.00 to $41.00. On average, they anticipate Lazard's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Lazard.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lazard.

Media coverage about LAZ stock has trended very negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lazard earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Lazard.

Lazard saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 3,020,000 shares, a decline of 19.7% from the September 30th total of 3,760,000 shares. Based on an average daily trading volume, of 678,300 shares, the short-interest ratio is presently 4.5 days. Currently, 3.0% of the company's shares are short sold. View Lazard's Current Options Chain.

Some companies that are related to Lazard include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), LPL Financial (LPLA), Stifel Financial (SF), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

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

Lazard's stock is owned by many different of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.58%), River Road Asset Management LLC (0.83%), Strs Ohio (0.75%), First Trust Advisors LP (0.50%), California Public Employees Retirement System (0.27%) and Lathrop Investment Management Corp (0.25%). Company insiders that own Lazard stock include Alexander F Stern, Dominick Ragone and Scott D Hoffman. View Institutional Ownership Trends for Lazard.

LAZ stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Global Thematic Partners LLC, Tocqueville Asset Management L.P., River Road Asset Management LLC, SG Americas Securities LLC, Gofen & Glossberg LLC IL, Lesa Sroufe & Co and Meritage Portfolio Management. Company insiders that have sold Lazard company stock in the last year include Dominick Ragone and Scott D Hoffman. View Insider Buying and Selling for Lazard.

LAZ stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, AMG National Trust Bank, Adirondack Research & Management Inc., North Star Investment Management Corp., Winmill & CO. Inc., California Public Employees Retirement System, McGuire Investment Group LLC and Morse Asset Management Inc. View Insider Buying and Selling for 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.

One share of LAZ stock can currently be purchased for approximately $37.59.

Lazard has a market capitalization of $4.24 billion and generates $2.88 billion in revenue each year. The asset manager earns $527.13 million in net income (profit) each year or $4.16 on an earnings per share basis. Lazard employs 2,996 workers across the globe.View Additional Information About Lazard.

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

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]