NYSE:LAZ - Lazard Stock Price, Forecast & News

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

Lazard declared a quarterly dividend on Wednesday, January 29th. Investors of record on Tuesday, February 18th will be given 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 5.25%. The ex-dividend date is Friday, February 14th. View Lazard's Dividend History.

Lazard Ltd (NYSE:LAZ) posted its quarterly earnings data on Thursday, January, 30th. The asset manager reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.10. The asset manager earned $721.34 million during the quarter, compared to analyst estimates of $685.22 million. Lazard had a net margin of 10.74% and a return on equity of 53.07%. The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.94 earnings per share. View Lazard's Earnings History.

Lazard is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Lazard.

6 Wall Street analysts have issued 12-month price objectives for Lazard's shares. Their forecasts range from $35.00 to $48.00. On average, they anticipate Lazard's stock price to reach $41.33 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for Lazard.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lazard.

Media headlines about LAZ stock have been trending extremely negative on Saturday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lazard earned a daily sentiment score of -4.6 on InfoTrie's scale. They also gave news stories 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 near term. View News Stories for Lazard.

Lazard saw a drop in short interest in February. As of February 14th, there was short interest totalling 2,920,000 shares, a drop of 25.1% from the January 30th total of 3,900,000 shares. Based on an average daily trading volume, of 798,500 shares, the days-to-cover ratio is currently 3.7 days. Currently, 2.9% of the shares of the stock are short sold. 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), E*TRADE Financial (ETFC), Raymond James (RJF), 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), Walt Disney (DIS), Micron Technology (MU), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Boeing (BA), Verizon Communications (VZ) and NVIDIA (NVDA).

Lazard's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (10.42%), Ariel Investments LLC (5.19%), LSV Asset Management (3.12%), RWC Asset Management LLP (2.04%), State Street Corp (1.22%) and Geode Capital Management LLC (1.22%). 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 Hotchkis & Wiley Capital Management LLC, Ariel Investments LLC, Geode Capital Management LLC, First Trust Advisors LP, LSV Asset Management, Royce & Associates LP, Charles Schwab Investment Management Inc. and Jennison Associates LLC. 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 acquired by a variety of institutional investors in the last quarter, including FMR LLC, Credit Suisse AG, MUFG Securities EMEA plc, Thornburg Investment Management Inc., Public Sector Pension Investment Board, Bank of Montreal Can, Blueshift Asset Management LLC and SG Americas Securities 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 $35.82.

Lazard has a market capitalization of $3.76 billion and generates $2.67 billion in revenue each year. The asset manager earns $287 million in net income (profit) each year or $3.28 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]