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NYSE:LAZ - Lazard Stock Price, Forecast & News

$42.35
+0.04 (+0.09 %)
(As of 02/19/2020 04:52 AM ET)
Today's Range
$41.95
Now: $42.35
$42.52
50-Day Range
$39.96
MA: $42.62
$44.57
52-Week Range
$31.07
Now: $42.35
$44.95
Volume256,176 shs
Average Volume930,081 shs
Market Capitalization$4.45 billion
P/E Ratio17.50
Dividend Yield4.44%
Beta1.69
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$2.67 billion
Cash Flow$7.17 per share
Book Value$7.48 per share

Profitability

Net Income$287 million

Miscellaneous

Employees2,996
Market Cap$4.45 billion
Next Earnings Date4/23/2020 (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 declared a quarterly dividend on Wednesday, January 29th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.47 per share on Friday, February 28th. This represents a $1.88 annualized dividend and a yield of 4.44%. The ex-dividend date is Friday, February 14th. View Lazard's Dividend History.

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) issued its quarterly earnings results on Thursday, January, 30th. The asset manager reported $0.91 earnings per share (EPS) for the quarter, beating 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 net margin of 10.74% and a return on equity of 53.07%. The firm's revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.94 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 Thursday, April 23rd 2020. View Earnings Estimates for Lazard.

What price target have analysts set for LAZ?

6 brokerages have issued 12 month price targets for Lazard's stock. Their forecasts range from $35.00 to $48.00. On average, they expect Lazard's stock price to reach $41.33 in the next year. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets for Lazard.

What is the consensus analysts' recommendation for Lazard?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lazard.

Has Lazard been receiving favorable news coverage?

News articles about LAZ stock have been trending very negative this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lazard earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the immediate future. View News Stories for Lazard.

Are investors shorting Lazard?

Lazard saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 3,900,000 shares, an increase of 7.1% from the January 15th total of 3,640,000 shares. Based on an average trading volume of 762,200 shares, the short-interest ratio is currently 5.1 days. Currently, 3.8% of the shares of the 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), AT&T (T), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Cisco Systems (CSCO), Boeing (BA), Verizon Communications (VZ) and NVIDIA (NVDA).

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 variety of of 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%), State Street Corp (1.22%) and Royce & Associates LP (1.04%). 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, First Trust Advisors LP, LSV Asset Management, Royce & Associates LP, Charles Schwab Investment Management Inc., Jennison Associates LLC and Schroder Investment Management Group. 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 acquired by a variety of institutional investors in the last quarter, including FMR LLC, Credit Suisse AG, MUFG Securities EMEA plc, Thornburg Investment Management Inc., Public Sector Pension Investment Board, Bank of Montreal Can, Blueshift Asset Management LLC and SG Americas Securities LLC. 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 $42.35.

How big of a company is Lazard?

Lazard has a market capitalization of $4.45 billion and generates $2.67 billion in revenue each year. The asset manager earns $287 million in net income (profit) each year or $3.28 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:  2.5 out of 5 (star star half star)
Outperform Votes:  582 (Vote Outperform)
Underperform Votes:  562 (Vote Underperform)
Total Votes:  1,144
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 2/19/2020 by MarketBeat.com Staff

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