NYSE:LAZ - Lazard Stock Price, Price Target & More

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

Lazard declared a quarterly dividend on Wednesday, April 25th. Investors of record on Monday, May 7th will be given a dividend of $0.44 per share on Friday, May 18th. This represents a $1.76 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date is Friday, May 4th. This is an increase from Lazard's previous quarterly dividend of $0.12. View Lazard's Dividend History.

Lazard declared that its board has approved a share repurchase plan on Thursday, October 26th 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Lazard Ltd (NYSE:LAZ) issued its earnings results on Thursday, April, 26th. The asset manager reported $1.26 EPS for the quarter, beating the consensus estimate of $1.04 by $0.22. The asset manager earned $724 million during the quarter, compared to analysts' expectations of $652.99 million. Lazard had a net margin of 10.81% and a return on equity of 44.63%. Lazard's revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.83 EPS. View Lazard's Earnings History.

Lazard is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Lazard.

8 equities research analysts have issued 12-month target prices for Lazard's shares. Their predictions range from $40.00 to $67.00. On average, they expect Lazard's share price to reach $60.2857 in the next year. View Analyst Ratings for Lazard.

Some companies that are related to Lazard include Leg & Gen Grp P/S (LGGNY), Blackstone Group (BX), Ameriprise Financial (AMP), Franklin Resources (BEN), KKR & Co. L.P. Unit (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Oaktree Capital Group (OAK), Janus Henderson Group (JHG), Eaton Vance (EV), Apollo Global Management LLC Class A (APO), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Houlihan Lokey (HLI).

Media headlines about LAZ stock have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Lazard earned a media sentiment score of -0.07 on Accern's scale. They also gave news headlines about the asset manager an impact score of 46.88 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Lazard's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.64%), LSV Asset Management (3.00%), JPMorgan Chase & Co. (1.41%), Fisher Asset Management LLC (1.14%), Hosking Partners LLP (0.87%) and Franklin Resources Inc. (0.74%). 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.

LAZ stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Public Employees Retirement Association of Colorado, Franklin Resources Inc., Systematic Financial Management LP, Principal Financial Group Inc., Principal Financial Group Inc., M&T Bank Corp and Federated Investors Inc. PA. Company insiders that have sold Lazard company stock in the last year include Alexander F Stern 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 Robeco Institutional Asset Management B.V., Hsbc Holdings PLC, Origin Asset Management LLP, Russell Investments Group Ltd., JPMorgan Chase & Co., Schwab Charles Investment Management Inc., Maltese Capital Management LLC and Prudential Financial Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of LAZ stock can currently be purchased for approximately $49.96.

Lazard has a market capitalization of $6.56 billion and generates $2.70 billion in revenue each year. The asset manager earns $253.58 million in net income (profit) each year or $3.78 on an earnings per share basis. Lazard employs 2,843 workers across the globe.

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]