NYSE:LAZ - Lazard Stock Price, News & Analysis

$37.17
-0.64 (-1.69 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$36.7150
Now: $37.17
$37.92
50-Day Range
$32.25
MA: $35.05
$39.07
52-Week Range
$31.07
Now: $37.17
$49.24
Volume626,246 shs
Average Volume906,859 shs
Market Capitalization$4.82 billion
P/E Ratio8.94
Dividend Yield4.97%
Beta1.72
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$6.8579 per share
Book Value$7.48 per share

Profitability

Net Income$527.13 million

Miscellaneous

Employees2,996
Market Cap$4.82 billion
Next Earnings Date10/24/2019 (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, July 24th. Stockholders of record on Monday, August 5th will be given a dividend of $0.47 per share on Friday, August 16th. This represents a $1.88 annualized dividend and a dividend yield of 5.06%. The ex-dividend date of this dividend is Friday, August 2nd. View Lazard's Dividend History.

How will Lazard's stock buyback program work?

Lazard announced that its board has initiated a stock repurchase program on Thursday, October 26th 2017, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) announced its quarterly earnings results on Thursday, July, 25th. The asset manager reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.10. The asset manager earned $630 million during the quarter, compared to analyst estimates of $604.18 million. Lazard had a net margin of 14.42% and a return on equity of 47.09%. The firm's revenue was down 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.10 EPS. View Lazard's Earnings History.

When is Lazard's next earnings date?

Lazard is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Lazard.

What price target have analysts set for LAZ?

5 brokerages have issued 1 year price targets for Lazard's stock. Their forecasts range from $36.00 to $46.00. On average, they anticipate Lazard's share price to reach $40.20 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Lazard.

What is the consensus analysts' recommendation for Lazard?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating and 4 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 stories about LAZ stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lazard earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Lazard.

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), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Boeing (BA), CVS Health (CVS), Johnson & Johnson (JNJ) 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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.70%), Price T Rowe Associates Inc. MD (5.12%), BlackRock Inc. (3.56%), LSV Asset Management (2.70%), JPMorgan Chase & Co. (2.41%) and RWC Asset Management LLP (1.52%). Company insiders that own Lazard stock include Alexander F Stern 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 Vanguard Group Inc., Bank of America Corp DE, BNP Paribas Arbitrage SA, Eaton Vance Management, Crawford Investment Counsel Inc., Bank of Montreal Can, LSV Asset Management and Morgan Stanley. 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 JPMorgan Chase & Co., Price T Rowe Associates Inc. MD, RWC Asset Management LLP, Nuveen Asset Management LLC, First Trust Advisors LP, Invesco Ltd., Lomas Capital Management LLC and H2O AM LLP. 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 $37.17.

How big of a company is Lazard?

Lazard has a market capitalization of $4.82 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:  554 (Vote Outperform)
Underperform Votes:  528 (Vote Underperform)
Total Votes:  1,082
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 9/16/2019 by MarketBeat.com Staff

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