NYSE:LAZ - Lazard Stock Price, Forecast & News

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

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.

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.

Lazard is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Lazard.

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.

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.

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.

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.

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.

Some companies that are related to Lazard include Morgan Stanley (MS), Goldman Sachs Group (GS), 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).

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).

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.

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.

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.

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 $41.92.

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.

The official website for Lazard is http://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]