NYSE:LAZ - Lazard Stock Price, News, & Analysis

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$48.98 +0.11 (+0.23 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$48.98
Today's Range$48.65 - $49.31
52-Week Range$40.50 - $60.00
Volume494,958 shs
Average Volume760,884 shs
Market Capitalization$6.57 billion
P/E Ratio12.96
Dividend Yield3.61%
Beta1.83
Lazard logoLazard 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
SymbolNYSE:LAZ
CUSIPG5405010
Phone441-295-1422

Debt

Debt-to-Equity Ratio1.07
Current Ratio1.78
Quick Ratio1.78

Price-To-Earnings

Trailing P/E Ratio12.96
Forward P/E Ratio10.69
P/E Growth1.05

Sales & Book Value

Annual Sales$2.70 billion
Price / Sales2.36
Cash Flow$6.7096 per share
Price / Cash7.30
Book Value$9.70 per share
Price / Book5.05

Profitability

EPS (Most Recent Fiscal Year)$3.78
Net Income$253.58 million
Net Margins11.58%
Return on Equity47.49%
Return on Assets12.07%

Miscellaneous

Employees2,843
Outstanding Shares129,770,000
Market Cap$6.57 billion

Lazard (NYSE:LAZ) Frequently Asked Questions

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 declared a quarterly dividend on Wednesday, July 25th. Shareholders of record on Monday, August 6th will be paid a dividend of $0.44 per share on Friday, August 17th. This represents a $1.76 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend is Friday, August 3rd. View Lazard's Dividend History.

How will Lazard's stock buyback program work?

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

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) announced its quarterly earnings data on Thursday, July, 26th. The asset manager reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.18. The asset manager earned $741 million during the quarter, compared to the consensus estimate of $663.44 million. Lazard had a return on equity of 47.49% and a net margin of 11.58%. The company's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.98 earnings per share. View Lazard's Earnings History.

When is Lazard's next earnings date?

Lazard is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Lazard.

What price target have analysts set for LAZ?

8 brokers have issued 1-year target prices for Lazard's stock. Their predictions range from $40.00 to $67.00. On average, they anticipate Lazard's share price to reach $60.2857 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price. View Analyst Price Targets for Lazard.

What is the consensus analysts' recommendation for Lazard?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lazard.

Are investors shorting Lazard?

Lazard saw a increase in short interest in July. As of July 31st, there was short interest totalling 2,044,276 shares, an increase of 59.2% from the July 13th total of 1,283,720 shares. Based on an average daily volume of 546,801 shares, the short-interest ratio is presently 3.7 days. Approximately 1.6% of the shares of the stock are short sold. View Lazard's Current Options Chain.

Who are some of Lazard's key competitors?

Who are Lazard's key executives?

Lazard's management team includes the folowing people:
  • Mr. Kenneth Marc Jacobs, Chairman & CEO (Age 60)
  • Mr. Ashish Bhutani, Vice Chairman & Managing Director (Age 58)
  • Mr. Evan L. Russo J.D., Chief Financial Officer (Age 43)
  • Mr. Alexander Franz Stern, Chief Operating Officer & CEO of Financial Advisory (Age 52)
  • Mr. Scott D. Hoffman Esq., Chief Admin. Officer, MD, Gen. Counsel & Sec. (Age 55)

Has Lazard been receiving favorable news coverage?

Media coverage about LAZ stock has trended somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lazard earned a daily sentiment score of 0.22 on Accern's scale. They also gave media stories about the asset manager an impact score of 49.31 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Lazard.

Who are Lazard's major shareholders?

Lazard's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.69%), Ariel Investments LLC (3.42%), LSV Asset Management (3.14%), FMR LLC (2.35%), Voya Investment Management LLC (1.87%) and Morgan Stanley (1.84%). Company insiders that own Lazard stock include Alexander F Stern, Matthieu Bucaille and Scott D Hoffman. View Institutional Ownership Trends for Lazard.

Which institutional investors are selling Lazard stock?

LAZ stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Voya Investment Management LLC, Russell Investments Group Ltd., Morgan Stanley, Pinnacle Associates Ltd., Global Thematic Partners LLC, Meadow Creek Investment Management LLC and First Trust Advisors LP. 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.

Which institutional investors are buying Lazard stock?

LAZ stock was acquired by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Acadian Asset Management LLC, Bank of Montreal Can, Caisse DE Depot ET Placement DU Quebec, Cornerstone Wealth Management LLC, Bank of America Corp DE, Jennison Associates LLC and Adams Diversified Equity Fund Inc.. View Insider Buying and Selling for Lazard.

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, Scottrade, Fidelity and Charles Schwab.

What is Lazard's stock price today?

One share of LAZ stock can currently be purchased for approximately $48.98.

How big of a company is Lazard?

Lazard has a market capitalization of $6.57 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.

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]


MarketBeat Community Rating for Lazard (NYSE LAZ)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  484 (Vote Outperform)
Underperform Votes:  454 (Vote Underperform)
Total Votes:  938
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.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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