NYSE:LAZ - Lazard Stock Price, Price Target & More

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

Lazard declared a quarterly dividend on Wednesday, April 25th. Stockholders of record on Monday, May 7th will be given a dividend of $0.44 per share on Friday, May 18th. This represents a $1.76 annualized dividend and a dividend yield of 3.47%. The ex-dividend date of this dividend is Friday, May 4th. This is a boost from Lazard's previous quarterly dividend of $0.12. View Lazard's Dividend History.

Lazard announced that its Board of Directors has approved a share buyback plan on Thursday, October 26th 2017, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its stock is undervalued.

Lazard Ltd (NYSE:LAZ) posted its earnings results on Thursday, April, 26th. The asset manager reported $1.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.04 by $0.22. The asset manager earned $724 million during the quarter, compared to analysts' expectations of $652.99 million. Lazard had a return on equity of 44.63% and a net margin of 10.81%. The company's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 earnings per share. View Lazard's Earnings History.

Lazard is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Lazard.

8 analysts have issued 1 year target prices for Lazard's shares. Their predictions range from $40.00 to $67.00. On average, they anticipate Lazard's share price to reach $60.2857 in the next year. View Analyst Ratings for Lazard.

Some companies that are related to Lazard include Blackstone Group (BX), Ameriprise Financial (AMP), Leg & Gen Grp P/S (LGGNY), Franklin Resources (BEN), KKR & Co. L.P. Unit (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Oaktree Capital Group (OAK), Eaton Vance (EV), Janus Henderson Group (JHG), Apollo Global Management LLC Class A (APO), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Moelis & Co (MC).

Media coverage about LAZ stock has trended somewhat positive this week, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lazard earned a media sentiment score of 0.04 on Accern's scale. They also assigned media coverage about the asset manager an impact score of 45.51 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Lazard's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.64%), LSV Asset Management (3.00%), JPMorgan Chase & Co. (1.41%), Fisher Asset Management LLC (1.14%), Hosking Partners LLP (0.87%) and Franklin Resources Inc. (0.74%). Company insiders that own Lazard stock include Alexander F Stern, Jane L Mendillo, Matthieu Bucaille 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 BlackRock Inc., Public Employees Retirement Association of Colorado, Franklin Resources Inc., Systematic Financial Management LP, Principal Financial Group Inc., Principal Financial Group Inc., M&T Bank Corp and Federated Investors Inc. PA. Company insiders that have sold Lazard company stock in the last year include Alexander F Stern 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 Robeco Institutional Asset Management B.V., Hsbc Holdings PLC, Origin Asset Management LLP, Russell Investments Group Ltd., JPMorgan Chase & Co., Schwab Charles Investment Management Inc., Maltese Capital Management LLC and Prudential Financial Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of LAZ stock can currently be purchased for approximately $50.73.

Lazard has a market capitalization of $6.76 billion and generates $2.70 billion in revenue each year. The asset manager earns $253.58 million in net income (profit) each year or $3.78 on an earnings per share basis. Lazard employs 2,843 workers across the globe.

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]