Lazard (LAZ) Stock Price, News & Analysis

Company Overview

Lazard Ltd. (NYSE: LAZ) is a leading global financial advisory and asset management firm with origins dating back to 1848. Headquartered in New York City, the company operates through a network of over 40 offices in more than 25 countries across North America, Europe, Asia-Pacific, Latin America and the Middle East. Lazard serves a diverse client base that includes corporations, governments, institutions and high-net-worth individuals, providing tailored solutions to complex strategic and financial challenges.

In its Financial Advisory segment, Lazard offers strategic counsel in mergers and acquisitions, divestitures, restructuring and capital structure solutions. The firm’s advisory teams leverage deep sector expertise and local market insights to guide clients through deal origination, negotiation and execution, as well as financial restructuring in times of corporate stress or transition. This business has built a reputation for handling some of the most high-profile and complex transactions globally.

Lazard’s Asset Management segment delivers investment strategies across public and private markets. The firm manages equities, fixed income, alternative investments and multi-asset portfolios, combining fundamental research with disciplined risk management. Through its open architecture platform, Lazard offers customized investment solutions, specialized mandates and model portfolios to meet the needs of institutional and individual investors. The firm’s global investment teams collaborate to identify opportunities and deliver competitive risk-adjusted returns over the long term.

Founded by brothers Alexandre, Elie and Simon Lazard during the mid-19th century, the firm initially focused on commodity trading before expanding into banking and advisory services. Lazard went public in 2005, ushering in a new era of growth while maintaining its advisory heritage. Under the leadership of Chief Executive Officer Peter R. Orszag, appointed in 2021, the company continues to emphasize client-focused expertise, cross-border collaboration and innovative solutions to navigate evolving market dynamics.

Key Stats

• Today's Range: $50.05 to $52.28
• 50-Day Range: $40.00 to $51.97
• 52-Week Range: $31.97 to $61.14
• Volume: 1.02 million shs
• Average Volume: 966,379 shs
• Market Capitalization: $5.86 billion
• P/E Ratio: 18.11
• Dividend Yield: 3.85%
• Price Target: $46.33
• Consensus Rating: Reduce

Lazard Stock Analysis - MarketRank™

Lazard scored higher than 77% of companies evaluated by MarketBeat, and ranked 325th out of 906 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Lazard has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Lazard has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.34%

Earnings Growth

Earnings for Lazard are expected to grow by 19.34% in the coming year, from $4.24 to $5.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lazard is 18.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.69.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lazard is 18.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.07.

Price to Book Value per Share Ratio

Lazard has a P/B Ratio of 8.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.84% of the float of Lazard has been sold short.

Short Interest Ratio / Days to Cover

Lazard has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Lazard has recently decreased by 0.23%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Lazard is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Lazard does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Lazard is 69.69%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Lazard will have a dividend payout ratio of 39.53% next year. This indicates that Lazard will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -0.64

Percentage of Shares Shorted

4.84% of the float of Lazard has been sold short.

Short Interest Ratio / Days to Cover

Lazard has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Lazard has recently decreased by 0.23%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.49

News Sentiment

Lazard has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Lazard this week, compared to 15 articles on an average week.

Search Interest

Only 4 people have searched for LAZ on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lazard insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.86% of the stock of Lazard is held by insiders.

Percentage Held by Institutions

54.80% of the stock of Lazard is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LAZ Stock Analysis - Frequently Asked Questions

How have LAZ shares performed this year?

Lazard's stock was trading at $51.48 at the start of the year. Since then, LAZ stock has increased by 1.0% and is now trading at $51.97.

How were Lazard's earnings last quarter?

Lazard, Inc. (NYSE:LAZ) posted its quarterly earnings data on Friday, April, 25th. The asset manager reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.27. Lazard's quarterly revenue was down 15.3% on a year-over-year basis.
Read the conference call transcript.

Who are Lazard's major shareholders?

Top institutional shareholders of Lazard include Gilman Hill Asset Management LLC (0.01%), Wealth Enhancement Advisory Services LLC (0.01%) and Parallel Advisors LLC. Insiders that own company stock include Kenneth M Jacobs, Peter Richard Orszag, Evan L Russo, Alexander F Stern and Michael Gathy.
View institutional ownership trends.

How do I buy shares of Lazard?

Shares of LAZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Lazard own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lazard investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AU Optronics (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 4/25/2025
• Record date for 5/16 Dividend: 5/05/2025
• Ex-Dividend for 5/16 Dividend: 5/05/2025
• Dividend Payable: 5/16/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - MISC SVCS
• Sub-Industry: Investment Banking & Brokerage
• Current Symbol: NYSE:LAZ
• CIK: 1311370
• Web: www.lazard.com
• Phone: (212) 632-6000
• Fax: 441-292-4720
• Employees: 3,263
• Year Founded: 1848

Price Target and Rating

• Average Price Target for Lazard: $46.33
• High Price Target: $55.00
• Low Price Target: $38.00
• Potential Upside/Downside: -10.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.87
• Trailing P/E Ratio: 18.11
• Forward P/E Ratio: 12.26
• P/E Growth: N/A
• Net Income: $279.91 million
• Net Margins: 10.15%
• Pretax Margin: 12.88%
• Return on Equity: 37.64%
• Return on Assets: 5.18%

Debt

• Debt-to-Equity Ratio: 2.60
• Current Ratio: 3.24
• Quick Ratio: 3.24

Sales & Book Value

• Annual Sales: $3.05 billion
• Price / Sales: 1.92
• Cash Flow: $6.71 per share
• Price / Cash Flow: 7.74
• Book Value: $6.08 per share
• Price / Book: 8.55

Miscellaneous

• Outstanding Shares: 112,770,000
• Free Float: 108,413,000
• Market Cap: $5.86 billion
• Optionable: Optionable
• Beta: 1.33