Lazard Ltd Company Profile (NYSE:LAZ)

About Lazard Ltd (NYSE:LAZ)

Lazard Ltd 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: Financials
  • Industry: Investment Banking
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NYSE:LAZ
  • CUSIP: G5405010
  • Web: www.lazard.com/
Capitalization:
  • Market Cap: $5.9355 billion
  • Outstanding Shares: 121,608,000
Average Prices:
  • 50 Day Moving Avg: $43.82
  • 200 Day Moving Avg: $44.68
  • 52 Week Range: $35.18 - $48.86
P/E:
  • Trailing P/E Ratio: 13.04
  • Foreward P/E Ratio: 12.68
  • P/E Growth: 1.43
Sales & Book Value:
  • Annual Revenue: $2.64 billion
  • Price / Sales: 2.12
  • Book Value: $10.22 per share
  • Price / Book: 4.50
Dividend:
  • Annual Dividend: $1.64
  • Dividend Yield: 3.6%
Profitability:
  • Net Margins: 16.56%
  • Return on Equity: 40.30%
  • Return on Assets: 10.59%
Debt:
  • Debt-to-Equity Ratio: 0.91%
  • Current Ratio: 1.99%
  • Quick Ratio: 1.99%
Misc:
  • Average Volume: 671,305 shs.
  • Beta: 1.85
  • Short Ratio: 3.11
 

Frequently Asked Questions for Lazard Ltd (NYSE:LAZ)

What is Lazard Ltd's stock symbol?

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

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

Lazard Ltd declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.41 per share on Friday, August 18th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date is Thursday, August 3rd. View Lazard Ltd's Dividend History.

How were Lazard Ltd's earnings last quarter?

Lazard Ltd (NYSE:LAZ) posted its quarterly earnings results on Thursday, July, 27th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 Ltd had a return on equity of 40.30% and a net margin of 16.56%. Lazard Ltd's revenue for the quarter was up 32.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 EPS. View Lazard Ltd's Earnings History.

When will Lazard Ltd make its next earnings announcement?

Lazard Ltd is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Lazard Ltd.

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

7 brokerages have issued 1-year target prices for Lazard Ltd's stock. Their predictions range from $41.00 to $51.00. On average, they anticipate Lazard Ltd's share price to reach $46.17 in the next twelve months. View Analyst Ratings for Lazard Ltd.

Who are some of Lazard Ltd's key competitors?

Who are Lazard Ltd's key executives?

Lazard Ltd's management team includes the folowing people:

  • Kenneth M. Jacobs, Chairman of the Board, Chief Executive Officer
  • Evan Russo, Chief Financial Officer
  • Matthieu Bucaille, Chief Executive Officer - of Lazard International
  • Alexander F. Stern, Chief Operating Officer, Chief Executive Officer of Lazard France
  • Scott D. Hoffman, Chief Administrative Officer, General Counsel, Secretary
  • 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

Who owns Lazard Ltd stock?

Lazard Ltd's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.27%), Robeco Institutional Asset Management B.V. (0.07%) and Quotient Investors LLC (0.05%). Company insiders that own Lazard Ltd stock include Alexander F Stern, Jane L Mendillo, Matthieu Bucaille and Scott D Hoffman. View Institutional Ownership Trends for Lazard Ltd.

Who sold Lazard Ltd stock? Who is selling Lazard Ltd stock?

Lazard Ltd's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. Company insiders that have sold Lazard Ltd stock in the last year include Alexander F Stern, Matthieu Bucaille and Scott D Hoffman. View Insider Buying and Selling for Lazard Ltd.

Who bought Lazard Ltd stock? Who is buying Lazard Ltd stock?

Lazard Ltd's stock was acquired by a variety of institutional investors in the last quarter, including Quotient Investors LLC and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Lazard Ltd.

How do I buy Lazard Ltd stock?

Shares of Lazard Ltd 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 Ltd's stock price today?

One share of Lazard Ltd stock can currently be purchased for approximately $46.03.


MarketBeat Community Rating for Lazard Ltd (NYSE LAZ)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  537
MarketBeat's community ratings are surveys of what our community members think about Lazard Ltd 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 Ltd (NYSE:LAZ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $46.17 (0.30% upside)
Consensus Price Target History for Lazard Ltd (NYSE:LAZ)
Price Target History for Lazard Ltd (NYSE:LAZ)
Analysts' Ratings History for Lazard Ltd (NYSE:LAZ)
Show:
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 IncDowngradeBuy -> Neutral$56.00 -> $48.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Lazard Ltd (NYSE:LAZ)
Earnings by Quarter for Lazard Ltd (NYSE:LAZ)
Earnings History by Quarter for Lazard Ltd (NYSE LAZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.70N/AView Earnings Details
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)

Estimates

Earnings Estimates for Lazard Ltd (NYSE:LAZ)
Current Year EPS Consensus Estimate: $3.44 EPS
Next Year EPS Consensus Estimate: $3.63 EPS

Dividends

Current Dividend Information for Lazard Ltd (NYSE:LAZ)
Most Recent Dividend:8/18/2017
Annual Dividend:$1.64
Dividend Yield:3.56%
Dividend Growth:25.70% (3 Year Average)
Payout Ratio:46.46% (Trailing 12 Months of Earnings)
47.67% (Based on This Year's Estimates)
45.18% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Lazard Ltd (NYSE:LAZ)

Dividend History by Quarter for Lazard Ltd (NYSE LAZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017Quarterly$0.413.55%8/3/20178/7/20178/18/2017
4/26/2017Quarterly$0.413.8%5/4/20175/8/20175/19/2017
2/1/2017quarterly$0.3811.04%2/9/20172/13/20172/24/2017
10/26/2016Quarterly$0.384.1%11/3/201611/7/201611/18/2016
7/27/2016Quarterly$0.388/4/20168/8/20168/19/2016
4/21/2016quarterly$0.384.07%4/29/20165/3/20165/13/2016
2/1/2016special$0.354.21%2/9/20162/11/20162/26/2016
10/22/2015quarterly$0.352.94%10/29/201511/2/201511/13/2015
7/23/2015quarterly$0.352.47%7/30/20158/3/20158/14/2015
4/23/2015quarterly$0.352.49%4/30/20155/4/20155/15/2015
2/4/2015special$0.302.36%2/11/20152/13/20152/19/2015
10/22/2014quarterly$0.302.45%10/30/201411/3/201411/14/2014
7/23/2014quarterly$0.302.29%7/31/20148/4/20148/15/2014
4/30/2014quarterly$0.302.45%5/8/20145/12/20145/23/2014
1/29/2014quarterly$0.302.81%2/6/20142/10/20142/21/2014
12/10/2013special$0.252.33%12/18/201312/20/201312/27/2013
12/12/2012quarterly$0.2012/19/201212/21/201212/27/2012
12/11/2012special$0.2012/19/201212/21/201212/27/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Lazard Ltd (NYSE:LAZ)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 72.21%
Insider Trades by Quarter for Lazard Ltd (NYSE:LAZ)
Institutional Ownership by Quarter for Lazard Ltd (NYSE:LAZ)
Insider Trades by Quarter for Lazard Ltd (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)

Headlines

Headline Trends for Lazard Ltd (NYSE:LAZ)
Latest Headlines for Lazard Ltd (NYSE:LAZ)
Source:
DateHeadline
americanbankingnews.com logoLazard Ltd. (LAZ) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - October 19 at 4:46 AM
finance.yahoo.com logoWhat's in Store for E*TRADE (ETFC) in Q3 Earnings Report?
finance.yahoo.com - October 18 at 4:00 PM
businesswire.com logoLazard World Dividend & Income Fund Declares Monthly ... - Business Wire (press release)
www.businesswire.com - October 18 at 6:30 AM
seekingalpha.com logoUnilever Invests In Beauty Bakerie For Millennial Beauty Products
seekingalpha.com - October 16 at 12:14 AM
nasdaq.com logoWaverton Investment Management Ltd Buys British American Tobacco PLC, Visa Inc, Biogen Inc, ...
www.nasdaq.com - October 13 at 6:17 AM
globenewswire.com logoThe IPO of Terveystalo Plc has been oversubscribed and the listing will be completed as planned
globenewswire.com - October 10 at 7:48 PM
bloomberg.com logoPharmacy2U Is Said to Hire Lazard to Raise Funds for Growth
www.bloomberg.com - October 10 at 7:48 PM
finance.yahoo.com logoLazard to Announce Third-Quarter and Nine-Month 2017 Results
finance.yahoo.com - October 9 at 9:25 PM
bloomberg.com logoLone Star Mulls Sale of Gas Retailer MRH as IPOs Surge
www.bloomberg.com - October 9 at 4:24 PM
prnewswire.com logoInitiating Research Reports on Asset Management Equities -- Apollo Investment, Carlyle, Lazard, and State Street
www.prnewswire.com - October 9 at 4:24 PM
americanbankingnews.com logoLazard Ltd. (LAZ) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - October 7 at 2:40 PM
americanbankingnews.com logoLazard (LAZ) versus JMP Group (JMP) Head-To-Head Survey
www.americanbankingnews.com - October 7 at 10:28 AM
streetinsider.com logoForm 3 Lazard Ltd For: Oct 01 Filed by: Russo Evan L
www.streetinsider.com - October 6 at 3:19 AM
businesswire.com logoLazard Asset Management Launches Equity Franchise Fund ... - Business Wire (press release)
www.businesswire.com - October 5 at 7:49 AM
streetinsider.com logoForm 3 Lazard Ltd For: Oct 01 Filed by: Russo Evan L - StreetInsider.com
www.streetinsider.com - October 5 at 7:49 AM
finance.yahoo.com logoLazard Asset Management Launches Equity Franchise Fund
finance.yahoo.com - October 5 at 7:49 AM
americanbankingnews.com logoAnalyzing Lazard (LAZ) and JMP Group (JMP)
www.americanbankingnews.com - October 3 at 8:58 AM
seekingalpha.com logoLazard Is A Low Volatility Buy - Seeking Alpha
seekingalpha.com - October 2 at 12:29 PM
americanbankingnews.com logoHead-To-Head Survey: Lazard (LAZ) and JMP Group (JMP)
www.americanbankingnews.com - September 29 at 4:49 AM
finance.yahoo.com logoHere's Why it is Wise to Hold Lazard (LAZ) Stock for Now
finance.yahoo.com - September 22 at 11:39 AM
finance.yahoo.com logoHere's Why it is Wise to Hold Lazard (LAZ) Stock for Now
finance.yahoo.com - September 21 at 3:58 PM
bloomberg.com logoBanks Hire Lazard to Solve Turkey's Biggest Default - Bloomberg
www.bloomberg.com - September 21 at 9:32 AM
bloomberg.com logoHow Toys ‘R’ Us Collapsed So Quickly
www.bloomberg.com - September 20 at 1:10 AM
finance.yahoo.com logoHow $5 billion of debt caught up with Toys 'R' Us
finance.yahoo.com - September 20 at 1:10 AM
finance.yahoo.com logoMOVES-Lazard debt restructuring banker returns to Toys "R" Us
finance.yahoo.com - September 18 at 7:53 PM
businesswire.com logoLazard Global Total Return and Income Fund Declares Monthly ... - Business Wire (press release)
www.businesswire.com - September 16 at 5:51 AM
bloomberg.com logoMoelis Sees Deal Advisers Dodging Robot Threats Faced by Traders - Bloomberg
www.bloomberg.com - September 15 at 5:28 AM
americanbankingnews.com logoLazard Ltd. (LAZ) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 12 at 2:52 PM
theglobeandmail.com logoStreetwise newsletter: BP files for IPO of U.S. pipeline assets; Alamos Gold to acquire Richmont Mines
www.theglobeandmail.com - September 11 at 10:11 PM
nasdaq.com logoNotice of future admission of new Elis shares
www.nasdaq.com - September 11 at 5:28 AM
businesswire.com logoTim Loftsgard Joins Lazard as a Managing Director in Financial ... - Business Wire (press release)
www.businesswire.com - September 10 at 12:51 AM
theglobeandmail.com logoStreetwise newsletter: The week’s best reads: Lazard, home prices, Teachers
www.theglobeandmail.com - September 9 at 3:56 AM
News IconPRESS DIGEST-Canada - Sept 7 - Business Insider
www.businessinsider.com - September 8 at 1:04 AM
theglobeandmail.com logoStreetwise newsletter: Lazard lands mining M&A banker; RBC not worried about housing cool-down - The Globe and Mail
www.theglobeandmail.com - September 8 at 1:04 AM
finance.yahoo.com logoTim Loftsgard Joins Lazard as a Managing Director in Financial Advisory
finance.yahoo.com - September 8 at 1:04 AM
reuters.com logoToys"R"Us taps law firm to weigh restructuring options: source - Reuters
www.reuters.com - September 7 at 2:30 AM
bloomberg.com logoSchneider to Take Control of U.K.'s Aveva in Software Merger
www.bloomberg.com - September 5 at 5:10 AM
americanbankingnews.com logoHead-To-Head Contrast: Greenhill & Co. (GHL) versus Lazard (LAZ)
www.americanbankingnews.com - September 3 at 2:12 AM
finance.yahoo.com logoLazard Ltd. : LAZ-US: Dividend Analysis : August 07th, 2017 (record date) : By the numbers : September 1, 2017
finance.yahoo.com - September 2 at 3:58 AM
globenewswire.com logoRecommended offer by Elis for Berendsen: results of Elis' shareholders' general meeting
globenewswire.com - September 1 at 2:14 AM
finance.yahoo.com logoTemple Says Probability of Major U.S. Tax Reform Is Low
finance.yahoo.com - August 25 at 7:52 AM
finance.yahoo.com logoTemple Says Probability of Major U.S. Tax Reform Is Low
finance.yahoo.com - August 25 at 7:52 AM
streetinsider.com logoForm 4 Lazard Ltd For: Aug 18 Filed by: Stern Alexander F. - StreetInsider.com
www.streetinsider.com - August 23 at 8:43 AM
americanbankingnews.com logoLazard Ltd. (LAZ) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 18 at 2:42 PM
finance.yahoo.com logoETFs with exposure to Lazard Ltd. : August 16, 2017
finance.yahoo.com - August 17 at 1:23 AM
americanbankingnews.com logoLazard (LAZ) vs. TD Ameritrade Holding Corporation (AMTD) Head-To-Head Review
www.americanbankingnews.com - August 15 at 12:16 PM
businesswire.com logoJerry Wiant Joins Lazard as a Managing Director in Financial Institutions Investment Banking - Business Wire (press release)
www.businesswire.com - August 15 at 6:01 AM
reuters.com logoLazard names Jerry Wiant managing director of financial advisory
www.reuters.com - August 15 at 12:59 AM
finance.yahoo.com logoJerry Wiant Joins Lazard as a Managing Director in Financial Institutions Investment Banking
finance.yahoo.com - August 15 at 12:59 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Lazard Ltd.
finance.yahoo.com - August 12 at 7:24 PM

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Chart

Lazard Ltd (LAZ) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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