NYSE:LAZLazard Stock Price, Forecast & News

Lazard's stock was trading at $29.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LAZ stock has increased by 8.2% and is now trading at $32.06.
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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.

Lazard is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Lazard.

Lazard Ltd (NYSE:LAZ) issued its quarterly earnings data on Friday, July, 31st. The asset manager reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.31. The asset manager earned $572.30 million during the quarter, compared to the consensus estimate of $513.36 million. Lazard had a return on equity of 51.35% and a net margin of 10.43%. The company's revenue was down 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 EPS.
View Lazard's earnings history.

Lazard announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.47 per share on Friday, August 21st. This represents a $1.88 annualized dividend and a yield of 5.86%. The ex-dividend date is Friday, August 7th.
View Lazard's dividend history.

9 equities research analysts have issued 1 year price objectives for Lazard's stock. Their forecasts range from $24.00 to $48.00. On average, they anticipate Lazard's share price to reach $35.00 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
View analysts' price targets for Lazard.

News articles about LAZ stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lazard earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave media coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
View the latest news about Lazard.

Lazard saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,190,000 shares, an increase of 6.0% from the July 15th total of 3,010,000 shares. Based on an average daily volume of 704,400 shares, the short-interest ratio is currently 4.5 days. Approximately 3.2% of the shares of the stock are sold short.
View Lazard's Short Interest.

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).
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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).

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

Lazard's stock is owned by many different institutional and retail investors. Top institutional investors include LSV Asset Management (2.27%), Fisher Asset Management LLC (1.41%), Hosking Partners LLP (0.66%), Jennison Associates LLC (0.51%), Raymond James & Associates (0.37%) and Private Capital Advisors Inc. (0.29%). 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 LSV Asset Management, Strs Ohio, Russell Investments Group Ltd., Jennison Associates LLC, Robeco Institutional Asset Management B.V., Lathrop Investment Management Corp, Vident Investment Advisory LLC, and Vident Investment Advisory LLC. Company insiders that have sold Lazard company stock in the last year include Alexander F Stern, Dominick Ragone, and Scott D Hoffman.
View insider buying and selling activity for Lazard.

LAZ stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Blue Harbour Group L.P., HighTower Advisors LLC, Private Capital Advisors Inc., UBS Group AG, SG Americas Securities LLC, First Trust Advisors LP, and Gilman Hill Asset Management LLC.
View insider buying and selling activity 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 $32.06.

Lazard has a market capitalization of $3.37 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.

The official website for Lazard is 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]