Lazard Stock Forecast, Price & News

Lazard's stock was trading at $29.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LAZ stock has increased by 25.9% and is now trading at $37.29.
View which stocks have been most impacted by COVID-19.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Lazard.

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Lazard is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Lazard.

Lazard Ltd (NYSE:LAZ) announced its quarterly earnings results on Tuesday, November, 3rd. The asset manager reported $0.67 EPS for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.20. The asset manager had revenue of $569.05 million for the quarter, compared to analyst estimates of $506.79 million. Lazard had a net margin of 11.62% and a return on equity of 47.79%. The business's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 earnings per share.
View Lazard's earnings history.

Lazard declared a quarterly dividend on Wednesday, October 28th. Investors of record on Monday, November 9th will be paid a dividend of $0.47 per share on Friday, November 20th. This represents a $1.88 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date is Friday, November 6th.
View Lazard's dividend history.

9 analysts have issued 12-month price targets for Lazard's stock. Their forecasts range from $24.00 to $48.00. On average, they anticipate Lazard's stock price to reach $36.44 in the next twelve months. This suggests that the stock has a possible downside of 2.3%.
View analysts' price targets for Lazard.

Lazard saw a decline in short interest in October. As of October 30th, there was short interest totaling 1,110,000 shares, a decline of 41.0% from the October 15th total of 1,880,000 shares. Based on an average daily volume of 551,300 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.0% of the shares of the company are sold short.
View Lazard's Short Interest.

Some companies that are related to Lazard include Morgan Stanley (MS), The Charles Schwab (SCHW), The Goldman Sachs Group (GS), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL), FBR & Co (FBRC) and Global Brokerage (GLBR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lazard investors own include Bank of America (BAC), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), The Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Enterprise Products Partners (EPD), Micron Technology (MU), CVS Health (CVS) and QUALCOMM (QCOM).

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

Lazard's stock is owned by many different retail and institutional investors. Top institutional investors include Southeastern Asset Management Inc. TN (6.70%), JPMorgan Chase & Co. (3.41%), BlackRock Inc. (3.05%), Epoch Investment Partners Inc. (2.11%), Charles Schwab Investment Management Inc. (1.75%) and Fisher Asset Management LLC (1.33%). 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 Pinnacle Associates Ltd., JPMorgan Chase & Co., Lathrop Investment Management Corp, Squarepoint Ops LLC, BlackRock Inc., North Star Investment Management Corp., Fisher Asset Management LLC, and Epoch Investment Partners Inc.. 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 activity for Lazard.

LAZ stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Charles Schwab Investment Management Inc., Arrowstreet Capital Limited Partnership, Jennison Associates LLC, Foundry Partners LLC, Todd Asset Management LLC, Natixis, and Schonfeld Strategic Advisors 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 $37.29.

Lazard has a market capitalization of $3.92 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]