Lazard 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.
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Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Phone441-295-1422
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.88 billion
Profitability
Miscellaneous
Employees2,996
Next Earnings Date10/31/2019 (Confirmed)
OptionableOptionable
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 announced a quarterly dividend on Wednesday, July 24th. Stockholders of record on Monday, August 5th will be given a dividend of $0.47 per share on Friday, August 16th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date is Friday, August 2nd. View Lazard's Dividend History.
How will Lazard's stock buyback program work?
Lazard announced that its board has authorized a share buyback program on Thursday, October 26th 2017, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.
How were Lazard's earnings last quarter?
Lazard Ltd (NYSE:LAZ) announced its quarterly earnings data on Thursday, July, 25th. The asset manager reported $0.73 EPS for the quarter, topping the Zacks' consensus estimate of $0.63 by $0.10. The asset manager earned $630 million during the quarter, compared to analyst estimates of $604.18 million. Lazard had a return on equity of 47.09% and a net margin of 14.42%. Lazard's revenue for the quarter was down 15.0% compared to the same quarter last year. During the same period last year, the company posted $1.10 earnings per share. View Lazard's Earnings History.
When is Lazard's next earnings date?
How can I listen to Lazard's earnings call?
Lazard will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for LAZ?
5 equities research analysts have issued 12-month price objectives for Lazard's stock. Their predictions range from $36.00 to $46.00. On average, they anticipate Lazard's stock price to reach $40.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for Lazard.
What is the consensus analysts' recommendation for Lazard?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lazard.
Has Lazard been receiving favorable news coverage?
News coverage about LAZ stock has trended somewhat negative on Wednesday, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lazard earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave news stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Lazard.
Are investors shorting Lazard?
Lazard saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 3,710,000 shares, a decline of 17.9% from the August 30th total of 4,520,000 shares. Based on an average trading volume of 737,800 shares, the short-interest ratio is presently 5.0 days. Approximately 3.6% of the shares of the company are short sold. View Lazard's Current Options Chain.
Who are some of Lazard's key competitors?
Some companies that are related to Lazard include Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), LPL Financial (LPLA), Stifel Financial (SF), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).
What other stocks do shareholders of Lazard own?
Who are Lazard's key executives?
Lazard's management team includes the folowing people:
- Mr. Kenneth Marc Jacobs, Chairman & CEO (Age 61)
- Mr. Ashish Bhutani, Vice Chairman & MD (Age 59)
- Mr. Evan L. Russo J.D., Chief Financial Officer (Age 44)
- Mr. Alexander Franz Stern, Chief Operating Officer & CEO of Financial Advisory (Age 53)
- Mr. Scott D. Hoffman Esq., Chief Admin. Officer, Gen. Counsel & Sec. (Age 56)
Who are Lazard's major shareholders?
Lazard's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.75%), Lathrop Investment Management Corp (0.25%), North Star Investment Management Corp. (0.10%), Hudson Capital Management LLC (0.04%), Callahan Advisors LLC (0.04%) and Winmill & CO. Inc. (0.04%). Company insiders that own Lazard stock include Alexander F Stern 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 Strs Ohio, Gofen & Glossberg LLC IL, Brookstone Capital Management, NEXT Financial Group Inc, Envestnet Asset Management Inc., Horan Capital Advisors LLC., Meeder Asset Management Inc. and Osborn Williams & Donohoe LLC. View Insider Buying and Selling for Lazard.
Which institutional investors are buying Lazard stock?
LAZ stock was bought by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Winmill & CO. Inc., Dfpg Investments Inc., Lathrop Investment Management Corp, Hudson Capital Management LLC, Gilman Hill Asset Management LLC, Cascade Investment Advisors Inc. and Evanson Asset Management LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Lazard's stock price today?
One share of LAZ stock can currently be purchased for approximately $36.93.
How big of a company is Lazard?
Lazard has a market capitalization of $3.95 billion and generates $2.88 billion in revenue each year. The asset manager earns $527.13 million in net income (profit) each year or $4.16 on an earnings per share basis. Lazard employs 2,996 workers across the globe.View Additional Information About Lazard.
What is Lazard's official website?
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)
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.
