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 $28.83 +0.65 (+2.31 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$28.61Now: $28.83▼$29.4050-Day Range$24.80MA: $28.35▼$33.0052-Week Range$20.94Now: $28.83▼$44.95Volume388,700 shsAverage Volume864,387 shsMarket Capitalization$3.03 billionP/E Ratio13.22Dividend Yield6.52%Beta1.77 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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™ 2.9 Analyst's Opinion Consensus RatingLazard has received a consensus rating of Hold. The company's average rating score is 1.89, and is based on 2 buy ratings, 4 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.63, Lazard has a potential upside of 20.1% from its current price of $28.83.Amount of Analyst CoverageLazard has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesLazard has received 593 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLazard has received 579 “underperform” votes. (Add your “underperform” vote.)Community SentimentLazard has received 50.60% “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 6.52%, 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 57.14% 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 not sold or bought any company stock.Percentage Held by InsidersOnly 3.60% of the stock of Lazard is held by insiders.Percentage Held by Institutions75.26% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Lazard are expected to grow by 101.84% in the coming year, from $1.63 to $3.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lazard is 13.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Lazard is 13.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.58.Price to Book Value per Share RatioLazard has a P/B Ratio of 4.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.9Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.75 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 Webwww.lazard.com Phone441-295-1422Debt Debt-to-Equity Ratio4.12 Current Ratio1.69 Quick Ratio1.69Price-To-Earnings Trailing P/E Ratio13.22 Forward P/E Ratio17.69 P/E GrowthN/A Sales & Book Value Annual Sales$2.67 billion Price / Sales1.14 Cash Flow$7.86 per share Price / Cash Flow3.67 Book Value$6.49 per share Price / Book4.44Profitability EPS (Most Recent Fiscal Year)$3.28 Net Income$286.50 million Net Margins9.89% Return on Equity52.29% Return on Assets6.35%Miscellaneous Employees3,018 Outstanding Shares105,031,000Market Cap$3.03 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable LAZ Rates by TradingView 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. 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 Coronavirus reached pandemic status according to the World Health Organization. Since then, LAZ stock has decreased by 2.7% and is now trading at $28.83. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Lazard? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 3 sell ratings, 4 hold ratings and 2 buy 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, July 23rd 2020. View our earnings forecast for Lazard. How were Lazard's earnings last quarter? Lazard Ltd (NYSE:LAZ) released its quarterly earnings results on Thursday, April, 30th. The asset manager reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.04. The asset manager had revenue of $563 million for the quarter, compared to the consensus estimate of $585.73 million. Lazard had a net margin of 9.89% and a return on equity of 52.29%. The company's quarterly revenue was down 9.2% on a year-over-year basis. During the same quarter last year, the company posted $0.87 EPS. View Lazard's earnings history. How often does Lazard pay dividends? What is the dividend yield for Lazard? Lazard announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.47 per share on Friday, May 22nd. This represents a $1.88 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date is Friday, May 8th. View Lazard's dividend history. What price target have analysts set for LAZ? 9 Wall Street analysts have issued twelve-month price targets for Lazard's stock. Their forecasts range from $24.00 to $48.00. On average, they expect Lazard's share price to reach $34.63 in the next twelve months. This suggests a possible upside of 20.1% 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 trended somewhat negative this week, according to InfoTrie. InfoTrie rates the sentiment of media 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 closest to five being the most favorable. Lazard earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Lazard. 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), E*TRADE Financial (ETFC), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Evercore (EVR), INTL Fcstone (INTL), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all 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), AT&T (T), Cisco Systems (CSCO), Walt Disney (DIS), Micron Technology (MU), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), NVIDIA (NVDA) and Johnson & Johnson (JNJ). 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 $28.83. How big of a company is Lazard? Lazard has a market capitalization of $3.03 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. What is Lazard's official website? The official website for Lazard is 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 7/3/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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