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NYSE:LAZ

Lazard (LAZ) Stock Price, News & Analysis

$47.44
-0.87 (-1.80%)
(As of 09/6/2024 ET)
Today's Range
$46.73
$48.58
50-Day Range
$38.76
$50.11
52-Week Range
$25.82
$50.26
Volume
583,418 shs
Average Volume
1.01 million shs
Market Capitalization
$5.35 billion
P/E Ratio
N/A
Dividend Yield
4.22%
Price Target
$48.33

Lazard MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.9% Upside
$48.33 Price Target
Short Interest
Healthy
3.83% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.34mentions of Lazard in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$19.87 M Sold Last Quarter
Proj. Earnings Growth
75.00%
From $2.44 to $4.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Finance Sector

409th out of 871 stocks

Investment Advice Industry

29th out of 51 stocks

LAZ stock logo

About Lazard Stock (NYSE:LAZ)

Lazard, Inc., together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.

LAZ Stock Price History

LAZ Stock News Headlines

Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
Lazard Gestion Flexible R (0P0000Z4YV.F)
Lazard Gestion Flexible A (0P0000X81O.F)
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
Lazard (NYSE:LAZ) Sets New 52-Week High at $50.26
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 8/16 Dividend
8/05/2024
Dividend Payable
8/16/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Investment Banking & Brokerage
CUSIP
G5405010
Employees
3,291
Year Founded
1848

Price Target and Rating

Average Stock Price Target
$48.33
High Stock Price Target
$56.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-75,480,000.00
Pretax Margin
6.52%

Debt

Sales & Book Value

Annual Sales
$2.82 billion
Cash Flow
$4.60 per share
Book Value
$4.56 per share

Miscellaneous

Free Float
108,413,000
Market Cap
$5.35 billion
Optionable
Optionable
Beta
1.40

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Key Executives

  • Mr. Kenneth Marc JacobsMr. Kenneth Marc Jacobs (Age 65)
    Executive Chairman
    Comp: $2.97M
  • Mr. Peter R. Orszag (Age 55)
    CEO & Director
    Comp: $5.04M
  • Ms. Mary Ann Betsch (Age 45)
    Chief Financial Officer
    Comp: $1.56M
  • Ms. Alexandra Soto (Age 56)
    Chief Operating Officer
    Comp: $1.64M
  • Mr. Evan Lawrence Russo J.D. (Age 49)
    Chief Executive Officer of Asset Management
    Comp: $2.93M
  • Mr. Raymond J. McGuire (Age 67)
    President
  • Mr. Michael Gathy
    MD & Chief Accounting Officer
  • Mr. Pierre Tattevin (Age 67)
    Managing Director
  • Ms. Alexandra M. Deignan
    Head of Investor Relations
  • Mr. Christian A. Weideman (Age 48)
    General Counsel

LAZ Stock Analysis - Frequently Asked Questions

How have LAZ shares performed this year?

Lazard's stock was trading at $34.80 at the beginning of 2024. Since then, LAZ stock has increased by 36.3% and is now trading at $47.44.
View the best growth stocks for 2024 here
.

How were Lazard's earnings last quarter?

Lazard, Inc. (NYSE:LAZ) released its quarterly earnings results on Thursday, July, 25th. The asset manager reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.17. The company's revenue for the quarter was up 6.6% on a year-over-year basis.

What is Kenneth M. Jacobs' approval rating as Lazard's CEO?

96 employees have rated Lazard Chief Executive Officer Kenneth M. Jacobs on Glassdoor.com. Kenneth M. Jacobs has an approval rating of 98% among the company's employees. This puts Kenneth M. Jacobs in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Lazard's major shareholders?

Lazard's top institutional shareholders include Ariel Investments LLC (5.36%), Principal Financial Group Inc. (1.81%), Epoch Investment Partners Inc. (1.76%) and Federated Hermes Inc. (0.58%). Insiders that own company stock include Kenneth M Jacobs, Evan L Russo, Alexander F Stern, Michael Gathy and Scott D Hoffman.
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.
Compare Top Brokerages Here.

What other stocks do shareholders of Lazard own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lazard investors own include Bank of America (BAC), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Walt Disney (DIS), JPMorgan Chase & Co. (JPM) and Enterprise Products Partners (EPD).

This page (NYSE:LAZ) was last updated on 9/7/2024 by MarketBeat.com Staff

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