NYSE:LAZ - Lazard Stock Price, Forecast & News

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

Lazard declared a quarterly dividend on Wednesday, October 30th. Investors 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 4.51%. The ex-dividend date is Thursday, November 7th. View Lazard's Dividend History.

Lazard Ltd (NYSE:LAZ) posted its 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 analysts' expectations of $612.98 million. Lazard had a net margin of 12.29% and a return on equity of 50.66%. The company's revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 EPS. View Lazard's Earnings History.

Lazard is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Lazard.

Lazard will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokerages have issued 12 month price objectives for Lazard's shares. Their forecasts range from $35.00 to $48.00. On average, they expect Lazard's stock price to reach $40.40 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets 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.

News stories about LAZ stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press 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 nearest to five being the most favorable. Lazard earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Lazard.

Lazard saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,640,000 shares, an increase of 11.0% from the December 31st total of 3,280,000 shares. Based on an average daily volume of 712,000 shares, the days-to-cover ratio is presently 5.1 days. Approximately 3.6% of the shares of the stock are sold short. 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), AT&T (T), Micron Technology (MU), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Boeing (BA), Verizon Communications (VZ) and NVIDIA (NVDA).

Lazard's stock is owned by a number of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.23%), Global Thematic Partners LLC (0.16%), Tocqueville Asset Management L.P. (0.13%), Meritage Portfolio Management (0.10%), Osborne Partners Capital Management LLC (0.08%) and Hudson Capital Management LLC (0.05%). 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 California Public Employees Retirement System, Groesbeck Investment Management Corp NJ, Osborne Partners Capital Management LLC, Callahan Advisors LLC, Gofen & Glossberg LLC IL, W.E. Donoghue & Co. LLC, Meritage Portfolio Management and Raymond James Trust N.A.. 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 SG Americas Securities LLC, Global Thematic Partners LLC, Boyd Watterson Asset Management LLC OH, Tocqueville Asset Management L.P., Hudson Capital Management LLC, Gilman Hill Asset Management LLC, Empire Life Investments Inc. and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. 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 $41.65.

Lazard has a market capitalization of $4.37 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]