NYSE:LAZ - Lazard Stock Price, Forecast & News

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

Lazard announced a quarterly dividend on Wednesday, October 30th. Shareholders of record on Monday, November 11th will be given 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 4.25%. The ex-dividend date is Thursday, November 7th. View Lazard's Dividend History.

Lazard Ltd (NYSE:LAZ) released its earnings results on Thursday, October, 31st. The asset manager reported $0.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate 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 business's revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company 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.

4 brokerages have issued 12-month target prices for Lazard's stock. Their forecasts range from $35.00 to $46.00. On average, they anticipate Lazard's share price to reach $38.50 in the next twelve months. This suggests that the stock has a possible downside of 13.0%. View Analyst Price Targets for Lazard.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lazard.

News articles about LAZ stock have trended extremely negative on Tuesday, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lazard earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Lazard.

Lazard saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,640,000 shares, an increase of 11.0% from the December 15th total of 3,280,000 shares. Based on an average trading volume of 710,900 shares, the short-interest ratio is currently 5.1 days. Currently, 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 variety of of institutional and retail investors. Top institutional shareholders include Tocqueville Asset Management L.P. (0.13%), Hudson Capital Management LLC (0.05%), Mirador Capital Partners LP (0.02%), Evanson Asset Management LLC (0.02%), Gilman Hill Asset Management LLC (0.02%) and Raymond James Trust N.A. (0.01%). 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 Raymond James Trust N.A. and Wedge Capital Management L L P NC. 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 Boyd Watterson Asset Management LLC OH, Tocqueville Asset Management L.P., Hudson Capital Management LLC, Gilman Hill Asset Management LLC, Mirador Capital Partners LP and Evanson Asset Management LLC. 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 $44.24.

Lazard has a market capitalization of $4.65 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]