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NYSE:LAZ - Lazard Stock Price, Forecast & News

$41.92
-0.47 (-1.11 %)
(As of 01/24/2020 04:00 PM ET)
Today's Range
$41.87
Now: $41.92
$42.82
50-Day Range
$37.69
MA: $40.84
$44.57
52-Week Range
$31.07
Now: $41.92
$44.95
Volume650,610 shs
Average Volume1.13 million shs
Market Capitalization$4.40 billion
P/E Ratio15.88
Dividend Yield4.44%
Beta1.72
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. Read More…

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
CUSIPG5405010
Phone441-295-1422

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.88 billion
Cash Flow$6.95 per share
Book Value$7.48 per share

Profitability

Net Income$527.13 million

Miscellaneous

Employees2,996
Market Cap$4.40 billion
Next Earnings Date1/30/2020 (Confirmed)
OptionableOptionable

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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, October 30th. Stockholders of record on Monday, November 11th will be paid a dividend of $0.47 per share on Friday, November 22nd. This represents a $1.88 annualized dividend and a dividend yield of 4.48%. The ex-dividend date is Thursday, November 7th. View Lazard's Dividend History.

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) issued its quarterly earnings results on Thursday, October, 31st. The asset manager reported $0.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.03. The asset manager had revenue of $588 million for the quarter, compared to analysts' expectations of $612.98 million. Lazard had a net margin of 12.29% and a return on equity of 50.66%. Lazard's revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 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, January 30th 2020. View Earnings Estimates for Lazard.

How can I listen to Lazard's earnings call?

Lazard will be holding an earnings conference call on Thursday, January 30th 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?

4 equities research analysts have issued 1 year target prices for Lazard's shares. Their forecasts range from $35.00 to $46.00. On average, they expect Lazard's share price to reach $38.50 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for Lazard.

What is the consensus analysts' recommendation for Lazard?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lazard.

Has Lazard been receiving favorable news coverage?

Media stories about LAZ stock have been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lazard earned a media sentiment score of -3.4 on InfoTrie's scale. They also gave news stories about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Lazard.

Are investors shorting Lazard?

Lazard saw a increase in short interest in December. As of December 31st, there was short interest totalling 3,640,000 shares, an increase of 11.0% from the December 15th total of 3,280,000 shares. Based on an average daily trading volume, of 710,900 shares, the short-interest ratio is presently 5.1 days. Currently, 3.6% of the company's stock are sold short. View Lazard's Current Options Chain.

Who are some of Lazard's key competitors?

What other stocks do shareholders of Lazard own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lazard investors own include Bank of America (BAC), AbbVie (ABBV), AT&T (T), Micron Technology (MU), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Boeing (BA), Verizon Communications (VZ) and NVIDIA (NVDA).

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 many different of retail and institutional investors. Top institutional shareholders include Global Thematic Partners LLC (0.16%), Tocqueville Asset Management L.P. (0.13%), Hudson Capital Management LLC (0.05%), Callahan Advisors LLC (0.04%), Groesbeck Investment Management Corp NJ (0.04%) and Telemus Capital LLC (0.03%). Company insiders that own Lazard stock include Alexander F Stern, Dominick Ragone 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 Groesbeck Investment Management Corp NJ, Callahan Advisors LLC, Raymond James Trust N.A., NEXT Financial Group Inc, Telemus Capital LLC, Cascade Investment Advisors Inc. and Wedge Capital Management L L P NC. Company insiders that have sold Lazard company stock in the last year include Dominick Ragone 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 Global Thematic Partners LLC, Boyd Watterson Asset Management LLC OH, Tocqueville Asset Management L.P., Hudson Capital Management LLC, Gilman Hill Asset Management LLC, Empire Life Investments Inc., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA and Mirador Capital Partners LP. 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 $41.92.

How big of a company is Lazard?

Lazard has a market capitalization of $4.40 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?

The official website for Lazard is http://www.lazard.com/.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  578 (Vote Outperform)
Underperform Votes:  556 (Vote Underperform)
Total Votes:  1,134
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 1/25/2020 by MarketBeat.com Staff

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