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

$37.78
+0.02 (+0.05 %)
(As of 11/15/2019 08:40 AM ET)
Today's Range
$37.49
Now: $37.78
$38.02
50-Day Range
$33.78
MA: $36.70
$38.81
52-Week Range
$31.07
Now: $37.78
$41.76
Volume237,720 shs
Average Volume612,906 shs
Market Capitalization$4.26 billion
P/E Ratio9.08
Dividend Yield4.89%
Beta1.73
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. Read More…

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$2.88 billion
Cash Flow$7.04 per share
Book Value$6.09 per share

Profitability

Net Income$527.13 million

Miscellaneous

Employees2,996
Market Cap$4.26 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Lazard (NYSE:LAZ) Frequently Asked Questions

What is Lazard's stock symbol?

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

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

Lazard announced a quarterly dividend on Wednesday, October 30th. Shareholders of record on Monday, November 11th will be paid a dividend of $0.47 per share on Friday, November 22nd. This represents a $1.88 dividend on an annualized basis and a yield of 4.98%. The ex-dividend date is Thursday, November 7th. View Lazard's Dividend History.

How were Lazard's earnings last quarter?

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

When is Lazard's next earnings date?

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

What price target have analysts set for LAZ?

4 equities research analysts have issued twelve-month price targets for Lazard's stock. Their forecasts range from $36.00 to $41.00. On average, they expect Lazard's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for Lazard.

What is the consensus analysts' recommendation 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.

Has Lazard been receiving favorable news coverage?

Media headlines about LAZ stock have been trending somewhat negative on Friday, InfoTrie Sentiment reports. The research group scores the sentiment of 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 five, with scores nearest to five being the most favorable. Lazard earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Lazard.

Are investors shorting Lazard?

Lazard saw a drop in short interest in October. As of October 31st, there was short interest totalling 3,020,000 shares, a drop 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 days-to-cover ratio is currently 4.5 days. Approximately 3.0% of the company's stock are sold short. 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), 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).

Who are Lazard's key executives?

Lazard's management team includes the folowing 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)

Who are Lazard's major shareholders?

Lazard's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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.

Which major investors are selling Lazard stock?

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.

Which major investors are buying Lazard stock?

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.

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 $37.78.

How big of a company is Lazard?

Lazard has a market capitalization of $4.26 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  564 (Vote Outperform)
Underperform Votes:  540 (Vote Underperform)
Total Votes:  1,104
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 11/15/2019 by MarketBeat.com Staff

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