NYSE:LAZ - Lazard Stock Price, News, & Analysis

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$36.83 -0.65 (-1.73 %)
(As of 03/21/2019 01:30 AM ET)
Previous Close$37.48
Today's Range$36.57 - $37.45
52-Week Range$33.54 - $56.30
Volume751,656 shs
Average Volume1.05 million shs
Market Capitalization$4.78 billion
P/E Ratio8.85
Dividend Yield4.70%
Beta1.6
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. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.

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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$7.0421 per share
Book Value$7.48 per share

Profitability

Net Income$527.13 million

Miscellaneous

Employees2,996
Market Cap$4.78 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 None dividend on Monday, February 4th. Investors of record on Friday, February 15th will be paid a dividend of $0.94 per share on Friday, March 1st. The ex-dividend date is Thursday, February 14th. View Lazard's Dividend History.

How will Lazard's stock buyback program work?

Lazard declared that its Board of Directors has authorized a share buyback plan on Thursday, October 26th 2017, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) announced its quarterly earnings data on Tuesday, February, 5th. The asset manager reported $0.94 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.94. The asset manager earned $685 million during the quarter, compared to analyst estimates of $673.35 million. Lazard had a net margin of 18.27% and a return on equity of 50.62%. The firm's revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.12 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, April 25th 2019. View Earnings Estimates for Lazard.

What price target have analysts set for LAZ?

5 Wall Street analysts have issued 12-month price objectives for Lazard's stock. Their forecasts range from $40.00 to $66.00. On average, they expect Lazard's share price to reach $49.00 in the next twelve months. This suggests a possible upside of 33.0% 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, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lazard.

Has Lazard been receiving favorable news coverage?

Headlines about LAZ stock have trended somewhat negative recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lazard earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news coverage about the asset manager a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Boeing (BA), Micron Technology (MU), AT&T (T), Intel (INTC), General Electric (GE) and CVS Health (CVS).

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, MD, 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 BlackRock Inc. (3.88%), LSV Asset Management (2.94%), FMR LLC (1.98%), Fisher Asset Management LLC (1.33%), Norges Bank (1.18%) and Geode Capital Management LLC (1.08%). Company insiders that own Lazard stock include Alexander F Stern, Matthieu Bucaille 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 Jennison Associates LLC, Bank of Montreal Can, Hsbc Holdings PLC, Principal Financial Group Inc., Eaton Vance Management, Hosking Partners LLP, LSV Asset Management and Two Sigma Investments LP. 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 Norges Bank, River Road Asset Management LLC, Bank of America Corp DE, Philadelphia Financial Management of San Francisco LLC, Raymond James & Associates, FMR LLC, BlackRock Inc. and RWC Asset Management 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, Scottrade, Fidelity and Charles Schwab.

What is Lazard's stock price today?

One share of LAZ stock can currently be purchased for approximately $36.83.

How big of a company is Lazard?

Lazard has a market capitalization of $4.78 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.

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:  526 (Vote Outperform)
Underperform Votes:  502 (Vote Underperform)
Total Votes:  1,028
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 3/21/2019 by MarketBeat.com Staff

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