Lazard Company Profile (NYSE:LAZ)

About Lazard (NYSE:LAZ)

Lazard logoLazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates through two segments: Financial Advisory and Asset Management. It serves a range of clients around the world, including corporations, governments, institutions, partnerships and individuals. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a range of financial advisory services regarding mergers and acquisitions (M&A) and other strategic matters, restructurings, capital structure, capital raising and various other financial matters to corporate, partnership, institutional, government, sovereign and individual clients. The Asset Management business provides investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds and sovereign entities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Banking
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NYSE:LAZ
  • CUSIP: G5405010
  • Web:
  • Market Cap: $6.21709 billion
  • Outstanding Shares: 129,766,000
Average Prices:
  • 50 Day Moving Avg: $46.27
  • 200 Day Moving Avg: $44.43
  • 52 Week Range: $32.53 - $48.86
  • Trailing P/E Ratio: 14.27
  • Foreward P/E Ratio: 12.53
  • P/E Growth: 1.70
Sales & Book Value:
  • Annual Revenue: $2.45 billion
  • Price / Sales: 2.44
  • Book Value: $9.38 per share
  • Price / Book: 4.92
  • Annual Dividend: $1.64
  • Dividend Yield: 3.4%
  • Net Margins: 17.06%
  • Return on Equity: 36.15%
  • Return on Assets: 10.38%
  • Debt-to-Equity Ratio: 0.99%
  • Current Ratio: 2.21%
  • Quick Ratio: 2.21%
  • Average Volume: 862,364 shs.
  • Beta: 1.84
  • Short Ratio: 3.55
Frequently Asked Questions for Lazard (NYSE:LAZ)

What is Lazard's stock symbol?

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

How often does Lazard pay dividends? What is the dividend yield for Lazard?

Lazard announced a dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be given a dividend of $0.41 per share on Friday, August 18th. The ex-dividend date of this dividend is Thursday, August 3rd. View Lazard's Dividend History.

How were Lazard's earnings last quarter?

Lazard Ltd. (NYSE:LAZ) issued its quarterly earnings results on Thursday, July, 27th. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.80 by $0.18. The company earned $720.16 million during the quarter, compared to the consensus estimate of $627.12 million. Lazard had a net margin of 17.06% and a return on equity of 36.15%. The company's revenue was up 32.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.61 earnings per share. View Lazard's Earnings History.

Where is Lazard's stock going? Where will Lazard's stock price be in 2017?

7 brokers have issued 1-year target prices for Lazard's shares. Their forecasts range from $41.00 to $51.00. On average, they expect Lazard's stock price to reach $46.29 in the next year. View Analyst Ratings for Lazard.

Who are some of Lazard's key competitors?

Who are Lazard's key executives?

Lazard's management team includes the folowing people:

  • Kenneth M. Jacobs, Chairman of the Board, Chief Executive Officer
  • Matthieu Bucaille, Chief Financial Officer
  • Alexander F. Stern, Chief Operating Officer, Chief Executive Officer of Lazard France
  • Scott D. Hoffman, General Counsel
  • Armand Sadoughi, Managing Director, Corporate Strategy, IR Contact Officer
  • Ashish Bhutani, Vice Chairman of the Board, Managing Director
  • Steven J. Heyer, Lead Independent Director
  • Andrew M. Alper, Independent Director
  • Richard N. Haass, Independent Director
  • Michelle Jarrard, Independent Director

Who owns Lazard stock?

Lazard's stock is owned by a number of of institutional and retail investors. Top institutional investors include Public Employees Retirement Association of Colorado (1.26%), Fisher Asset Management LLC (1.20%), Strs Ohio (1.11%), Copeland Capital Management LLC (0.10%), First Quadrant L P CA (0.10%) and Russell Investments Group Ltd. (0.09%). 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.

Who sold Lazard stock? Who is selling Lazard stock?

Lazard's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, First Quadrant L P CA, Fisher Asset Management LLC, Nisa Investment Advisors LLC, Boyd Watterson Asset Management LLC OH, Copeland Capital Management LLC, Webster Bank N. A. and Steinberg Global Asset Management. Company insiders that have sold Lazard stock in the last year include Alexander F Stern, Matthieu Bucaille and Scott D Hoffman. View Insider Buying and Selling for Lazard.

Who bought Lazard stock? Who is buying Lazard stock?

Lazard's stock was bought by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Greystone Managed Investments Inc., Acadian Asset Management LLC, Meeder Asset Management Inc., Polianta Ltd, Cambiar Investors LLC, Sheets Smith Wealth Management and First Midwest Bank Trust Division. View Insider Buying and Selling for Lazard.

How do I buy Lazard stock?

Shares of Lazard can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lazard's stock price today?

One share of Lazard stock can currently be purchased for approximately $46.11.

MarketBeat Community Rating for Lazard (NYSE LAZ)
Community Ranking:  2.8 out of 5 ( )
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  458
MarketBeat's community ratings are surveys of what our community members think about Lazard and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Lazard (NYSE:LAZ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $46.29 (0.38% upside)

Analysts' Ratings History for Lazard (NYSE:LAZ)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Keefe, Bruyette & WoodsReiterated RatingBuy$51.00MediumView Rating Details
4/21/2017Credit Suisse GroupReiterated RatingBuy$50.00HighView Rating Details
3/23/2017Bank of America CorporationUpgradeUnderperform -> Neutral$47.00LowView Rating Details
1/20/2017Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$45.00N/AView Rating Details
1/6/2017InstinetDowngradeBuy -> Neutral$43.00N/AView Rating Details
1/5/2017NomuraDowngradeBuy -> NeutralN/AView Rating Details
10/27/2016Rafferty Capital MarketsUpgradeHold -> Buy$41.00N/AView Rating Details
2/3/2016ArgusReiterated RatingBuy$56.00 -> $45.00N/AView Rating Details
2/3/2016Susquehanna Bancshares IncReiterated RatingBuy$53.00 -> $50.00N/AView Rating Details
2/3/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformN/AView Rating Details
1/13/2016JMP SecuritiesLower Price Target$60.00 -> $58.00N/AView Rating Details
1/12/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$56.00 -> $48.00N/AView Rating Details
10/7/2015Sandler O'NeillUpgradeHold -> BuyN/AView Rating Details
(Data available from 7/28/2015 forward)


Earnings History for Lazard (NYSE:LAZ)
Earnings by Quarter for Lazard (NYSE:LAZ)
Earnings History by Quarter for Lazard (NYSE LAZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/20176/30/2017$0.80$0.98$627.12 million$720.16 millionViewN/AView Earnings Details
4/27/20173/31/2017$0.80$0.83$611.43 million$624.43 millionViewN/AView Earnings Details
2/2/2017Q416$0.99$1.13$679.51 million$685.00 millionViewListenView Earnings Details
10/27/2016Q316$0.76$0.85$593.03 million$611.00 millionViewListenView Earnings Details
7/28/2016Q216$0.58$0.61$542.68 million$542.30 millionViewListenView Earnings Details
4/21/2016Q116$0.65$0.50$573.20 million$506.00 millionViewListenView Earnings Details
2/2/2016Q415$0.88$0.92$574.92 million$593.20 millionViewListenView Earnings Details
10/22/2015Q315$0.90$0.93$607.69 million$594.00 millionViewListenView Earnings Details
7/23/2015Q215$0.77$0.98$586.53 million$607.00 millionViewListenView Earnings Details
4/23/2015Q115$0.71$0.77$561.07 million$581.00 millionViewN/AView Earnings Details
2/5/2015Q4$1.05$1.29$617.43 million$645.80 millionViewN/AView Earnings Details
10/23/2014Q314$0.65$0.67$555.75 million$583.00 millionViewListenView Earnings Details
7/24/2014Q214$0.55$0.64$530.30 million$571.00 millionViewN/AView Earnings Details
5/1/2014Q114$0.54$0.61$514.80 million$540.00 millionViewN/AView Earnings Details
2/5/2014Q413$0.61$0.81$558.40 million$620.00 millionViewListenView Earnings Details
10/24/2013Q313$0.37$0.46$457.79 million$489.00 millionViewListenView Earnings Details
7/25/2013Q2 2013$0.34$0.45$448.74 million$511.00 millionViewListenView Earnings Details
4/26/2013Q1 2013$0.31$0.28$455.78 million$414.00 millionViewListenView Earnings Details
2/7/2013Q4 2012$0.33$0.61$477.20 million$574.00 millionViewListenView Earnings Details
10/25/2012$0.22$0.26ViewN/AView Earnings Details
7/26/2012$0.29$0.25ViewN/AView Earnings Details
4/27/2012$0.23$0.33ViewN/AView Earnings Details
2/6/2012$0.38$0.01ViewN/AView Earnings Details
10/27/2011$0.43$0.39ViewN/AView Earnings Details
7/28/2011$0.52$0.48ViewN/AView Earnings Details
4/27/2011$0.43$0.43ViewN/AView Earnings Details
2/2/2011$0.63$0.76ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Lazard (NYSE:LAZ)
Current Year EPS Consensus Estimate: $3.44 EPS
Next Year EPS Consensus Estimate: $3.68 EPS


Current Dividend Information for Lazard (NYSE:LAZ)
Next Dividend:8/18/2017
Annual Dividend:$1.64
Dividend Yield:3.56%
Dividend Growth:25.70% (3 Year Average)
Payout Ratio:50.77% (Trailing 12 Months of Earnings)
47.67% (Based on This Year's Estimates)
44.57% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Lazard (NYSE:LAZ)

Dividend History by Quarter for Lazard (NYSE LAZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Lazard (NYSE:LAZ)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 73.67%
Insider Trades by Quarter for Lazard (NYSE:LAZ)
Institutional Ownership by Quarter for Lazard (NYSE:LAZ)
Insider Trades by Quarter for Lazard (NYSE:LAZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/30/2017Matthieu BucailleCFOSell90,000$44.81$4,032,900.00View SEC Filing  
5/16/2017Scott D. HoffmanGeneral CounselSell35,000$45.13$1,579,550.00View SEC Filing  
5/11/2017Alexander F. SternCOOSell65,000$44.75$2,908,750.00View SEC Filing  
3/2/2017Scott D HoffmanGeneral CounselSell20,000$43.16$863,200.00View SEC Filing  
8/9/2016Scott D. HoffmanGeneral CounselSell42,000$34.92$1,466,640.00View SEC Filing  
8/2/2016Jane L. MendilloDirectorBuy1,400$35.22$49,308.00View SEC Filing  
3/3/2015Alexander F SternCOOSell63,000$50.80$3,200,400.00View SEC Filing  
2/20/2014Alexander F SternCOOSell44,312$44.56$1,974,542.72View SEC Filing  
2/19/2014Ashish BhutaniCEOSell145,947$45.15$6,589,507.05View SEC Filing  
2/12/2014Alexander F SternCOOSell61,877$42.87$2,652,666.99View SEC Filing  
3/12/2013Alexander F SternCOOSell60,000$36.56$2,193,600.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Lazard (NYSE:LAZ)
Latest Headlines for Lazard (NYSE:LAZ)
DateHeadline logoBREAKINGVIEWS-M&A shops become Wall Street's new black boxes - Nasdaq - July 28 at 1:56 AM logoLazard's quarterly profit jumps 50 percent - Reuters - July 28 at 1:56 AM logoLazard Ltd Reports Second-Quarter and First-Half 2017 Results - Business Wire (press release) - July 28 at 1:56 AM logoInvestor Network: Lazard Ltd. to Host Earnings Call - July 28 at 1:56 AM logoMOVES-Bucaille to step down as Lazard CFO - July 28 at 1:56 AM logoLazard Ltd Reports Second-Quarter and First-Half 2017 Results - July 28 at 1:56 AM logoLazard's quarterly profit jumps 50 percent - July 28 at 1:56 AM logoLazard is having a record-breaking year amid a 'choppy' environment for M&A - July 28 at 1:56 AM logoEdited Transcript of LAZ earnings conference call or presentation 27-Jul-17 12:00pm GMT - July 28 at 1:56 AM logoLazard Ltd. (LAZ) Issues Earnings Results - July 27 at 2:18 PM logoFinancial Analysis: PJT Partners (PJT) versus Lazard (NYSE:LAZ) - July 27 at 10:36 AM logoEnergy Capital in advanced talks to buy Calpine: Bloomberg - Reuters - July 26 at 9:44 PM logoLazard Declares Quarterly Dividend - Business Wire (press release) - July 26 at 9:44 PM logoLazard Announces Senior-Level Appointments - Business Wire (press release) - July 26 at 9:44 PM logoLazard Declares Quarterly Dividend - July 26 at 9:43 PM logoLazard Announces Senior-Level Appointments - July 26 at 9:43 PM logoLazard Ltd. (LAZ) Receives Consensus Recommendation of "Buy" from Analysts - July 24 at 2:28 PM logoShould Value Investors Pick Lazard (LAZ) Stock Right Now? - Nasdaq - July 22 at 5:54 AM logoShould Value Investors Pick Lazard (LAZ) Stock Right Now? - July 22 at 5:54 AM
News IconExclusive: U.S. Cardinal Health puts $1.5 billion China business on block - sources - July 20 at 6:25 AM logoMOVES-Lazard names new chairman of investment banking for Germany - July 15 at 5:25 AM logo5 Market-Beating Dividend Stocks for Steady Growth - July 15 at 5:17 AM logoLazard to Announce First-Half and Second-Quarter 2017 Results - Business Wire (press release) - July 14 at 6:04 AM logoMOVES-Lazard, Duff & Phelps, Credit Suisse, BTIG - Reuters - July 14 at 6:04 AM logoMOVES-Lazard names new chairman of investment banking for Germany - Reuters - July 14 at 6:04 AM logoRüdiger Grube to Join Lazard as Chairman, Investment Banking ... - Business Wire (press release) - July 13 at 6:18 AM logo[$$] Investors take fright from Pearson over latest asset sale - July 12 at 2:08 AM logoMoelis & Company (MC) versus Lazard (LAZ) Critical Analysis - July 10 at 8:07 AM logoBarclays Is on a Hiring Spree in Japan - Bloomberg - Bloomberg - July 10 at 12:01 AM logo5 Must-Have Dividend Stocks for Small Gains in Second Half - Nasdaq - July 7 at 6:56 AM logoHighland Is Buying Lazard's Argentine Fund - July 6 at 7:11 AM logoMozambique Bondholders Lay Down Terms Ahead of Restructuring - Bloomberg - June 30 at 1:00 AM logoLazard Ltd. (LAZ) Receives Consensus Rating of "Buy" from Analysts - June 27 at 2:56 PM logoSinovac Biotech Ltd. Enters into Definitive Agreement for Going-Private Transaction - June 26 at 8:07 PM logoReviewing FBR & Co (FBRC) & Lazard (LAZ) - June 21 at 10:48 PM logoLazard Ltd. (LAZ) Upgraded by BidaskClub to "Buy" - June 21 at 5:34 PM logoJ. Crew's Debt Swap Plan Already Faces Opposition - June 16 at 7:10 PM logoLegg Mason CEO's Salary Declines for the 3rd Successive Year - June 16 at 7:12 AM logoUPDATE 2-Debt-laden Neiman Marcus abandons hope of a sale - June 14 at 10:43 AM logoInitiating Research Reports on Asset Management Equities -- T.Rowe Price ... - June 9 at 9:16 AM logoSantander’s Botin Takes on Crippled Lender in Her Riskiest Bet - June 8 at 10:01 AM logoLazard (LAZ) Reflects Organic Growth: Time to Buy the Stock? - June 8 at 10:01 AM logoLazard Ltd (LAZ) Stock Rating Upgraded by Zacks Investment Research - June 7 at 12:58 PM logoLazard Ltd (LAZ) Lowered to Hold at Zacks Investment Research - June 6 at 2:22 PM logoLazard Ltd (LAZ) Given Average Rating of "Buy" by Analysts - June 2 at 9:00 AM logoLazard Ltd (LAZ) CFO Sells $4,032,900.00 in Stock - June 1 at 7:32 PM logoLazard Ltd (LAZ) Short Interest Down 30.7% in May - June 1 at 7:04 AM logoLazard (LAZ) Up 4.2% Since Earnings Report: Can It Continue? - May 31 at 6:39 PM logoETFs with exposure to Lazard Ltd. : May 31, 2017 - May 31 at 6:39 PM logoDisaster Drought Leaves Turnaround Gurus Scrounging for Cases - May 30 at 10:17 AM



Lazard (LAZ) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by Staff