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Lazard Stock Price, News & Analysis (NYSE:LAZ)

$37.01
-0.03 (-0.08 %)
(As of 10/21/2019 04:27 AM ET)
Today's Range
$36.66
Now: $37.01
$37.22
50-Day Range
$33.45
MA: $35.70
$38.78
52-Week Range
$31.07
Now: $37.01
$42.75
Volume495,185 shs
Average Volume777,333 shs
Market Capitalization$3.96 billion
P/E Ratio8.90
Dividend Yield5.08%
Beta1.71
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$7.16 per share
Book Value$7.48 per share

Profitability

Net Income$527.13 million

Miscellaneous

Employees2,996
Market Cap$3.96 billion
Next Earnings Date10/31/2019 (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, July 24th. Shareholders 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 yield of 5.08%. 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 stock buyback plan on Thursday, October 26th 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its shares are undervalued.

How were Lazard's earnings last quarter?

Lazard Ltd (NYSE:LAZ) released its quarterly earnings data on Thursday, July, 25th. The asset manager reported $0.73 EPS for the quarter, beating the consensus estimate of $0.63 by $0.10. The asset manager had revenue of $630 million for the quarter, compared to the consensus estimate of $604.18 million. Lazard had a return on equity of 47.09% and a net margin of 14.42%. The firm's revenue was down 15.0% compared to the same quarter last year. During the same period last year, the company posted $1.10 EPS. 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 31st 2019. View Earnings Estimates for Lazard.

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 brokerages have issued 12 month target prices for Lazard's stock. Their predictions range from $36.00 to $46.00. On average, they anticipate Lazard's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 8.1% 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 articles about LAZ stock have trended somewhat positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news coverage 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 near future. View News Stories for Lazard.

Are investors shorting Lazard?

Lazard saw a decline in short interest in 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 daily volume of 737,800 shares, the days-to-cover ratio is currently 5.0 days. Currently, 3.6% of the company's stock are short sold. 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), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Boeing (BA), CVS Health (CVS) and Verizon Communications (VZ).

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 North Star Investment Management Corp. (0.10%), Winmill & CO. Inc. (0.04%), Evanson Asset Management LLC (0.02%), Gofen & Glossberg LLC IL (0.02%), Gilman Hill Asset Management LLC (0.02%) and Osborn Williams & Donohoe LLC (0.02%). 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 Gofen & Glossberg LLC IL, Brookstone Capital Management, NEXT Financial Group Inc, Envestnet Asset Management Inc., Meeder Asset Management Inc., Osborn Williams & Donohoe LLC and Spirit of America Management Corp NY. 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., Gilman Hill Asset Management LLC 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 $37.01.

How big of a company is Lazard?

Lazard has a market capitalization of $3.96 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:  2.6 out of 5 (star star)
Outperform Votes:  560 (Vote Outperform)
Underperform Votes:  536 (Vote Underperform)
Total Votes:  1,096
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 10/21/2019 by MarketBeat.com Staff

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