NYSE:LAZLazard Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Lazard Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.31 +0.77 (+3.42 %) (As of 04/6/2020 10:20 AM ET) Add Compare Share Today's Range$23.27Now: $23.31▼$24.1150-Day Range$21.06MA: $32.38▼$43.5352-Week Range$20.94Now: $23.31▼$44.95Volume73,543 shsAverage Volume1.08 million shsMarket Capitalization$2.45 billionP/E Ratio9.63Dividend Yield8.34%Beta1.84 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.9 Analyst's Opinion Consensus RatingLazard has received a consensus rating of Hold. The company's average rating score is 1.71, and is based on no buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.17, Lazard has a potential upside of 68.0% from its current price of $23.31.Amount of Analyst CoverageLazard has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesLazard has received 591 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLazard has received 574 “underperform” votes. (Add your “underperform” vote.)Community SentimentLazard has received 50.73% “outperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipLazard is a leading dividend payer. It pays a dividend yield of 8.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLazard has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Lazard is 57.32 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lazard will have a dividend payout ratio of 45.41 % next year. This indicates that Lazard will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lazard insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,897,500.00 in company stock.Percentage Held by InsidersOnly 3.60% of the stock of Lazard is held by insiders.Percentage Held by Institutions79.40% of the stock of Lazard is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Lazard are expected to grow by 10.11% in the coming year, from $3.76 to $4.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lazard is 9.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Lazard is 9.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.51.Price to Book Value per Share RatioLazard has a P/B Ratio of 3.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.9Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNYSE:LAZ Previous Symbol CUSIPG5405010 CIK1311370 Webhttp://www.lazard.com/ Phone441-295-1422Debt Debt-to-Equity Ratio3.41 Current Ratio1.69 Quick Ratio1.69Price-To-Earnings Trailing P/E Ratio9.63 Forward P/E Ratio6.20 P/E GrowthN/A Sales & Book Value Annual Sales$2.67 billion Price / Sales0.92 Cash Flow$7.93 per share Price / Cash Flow2.94 Book Value$6.49 per share Price / Book3.59Profitability EPS (Most Recent Fiscal Year)$3.28 Net Income$286.50 million Net Margins10.74% Return on Equity53.88% Return on Assets6.93%Miscellaneous Employees3,018 Outstanding Shares105,030,000Market Cap$2.45 billion Next Earnings Date4/23/2020 (Estimated) OptionableOptionable Receive LAZ News and Ratings via Email Sign-up to receive the latest news and ratings for LAZ and its competitors with MarketBeat's FREE daily newsletter. LAZ Rates by TradingView Lazard (NYSE:LAZ) Frequently Asked Questions How has Lazard's stock been impacted by COVID-19 (Coronavirus)? Lazard's stock was trading at $29.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LAZ stock has decreased by 21.3% and is now trading at $23.3075. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Lazard? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lazard. When is Lazard's next earnings date? Lazard is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Lazard. How were Lazard's earnings last quarter? Lazard Ltd (NYSE:LAZ) posted its earnings results on Thursday, January, 30th. The asset manager reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.10. The asset manager earned $721.34 million during the quarter, compared to the consensus estimate of $685.22 million. Lazard had a net margin of 10.74% and a return on equity of 53.88%. Lazard's revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.94 earnings per share. View Lazard's earnings history. How often does Lazard pay dividends? What is the dividend yield for Lazard? Lazard declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.47 per share on Friday, February 28th. This represents a $1.88 dividend on an annualized basis and a yield of 8.07%. The ex-dividend date of this dividend is Friday, February 14th. View Lazard's dividend history. What price target have analysts set for LAZ? 7 brokers have issued 12-month target prices for Lazard's shares. Their forecasts range from $23.00 to $48.00. On average, they anticipate Lazard's stock price to reach $39.17 in the next year. This suggests a possible upside of 68.0% from the stock's current price. View analysts' price targets for Lazard. Has Lazard been receiving favorable news coverage? News coverage about LAZ stock has been trending very negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutLazard. Are investors shorting Lazard? Lazard saw a decrease in short interest in March. As of March 13th, there was short interest totaling 2,919,900 shares, a decrease of 5.5% from the February 27th total of 3,090,000 shares. Based on an average daily trading volume, of 857,400 shares, the short-interest ratio is presently 3.4 days. Currently, 2.7% of the company's stock are sold short. View Lazard's Current Options Chain. Who are some of Lazard's key competitors? 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). 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), Micron Technology (MU), Verizon Communications (VZ), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Boeing (BA) and NVIDIA (NVDA). Who are Lazard's key executives? Lazard's management team includes the following 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) What is Lazard's stock symbol? Lazard trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAZ." 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 $23.31. How big of a company is Lazard? Lazard has a market capitalization of $2.45 billion and generates $2.67 billion in revenue each year. The asset manager earns $286.50 million in net income (profit) each year or $3.28 on an earnings per share basis. Lazard employs 3,018 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] This page was last updated on 4/6/2020 by MarketBeat.com StaffFeatured Article: What is a recession?
