Lazard (LAZ) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $35.73 to $36.72
• 50-Day Range: $33.39 to $55.23
• 52-Week Range: $31.97 to $61.14
• Volume: 981,253 shs
• Average Volume: 934,890 shs
• Market Capitalization: $4.04 billion
• P/E Ratio: 13.48
• Dividend Yield: 5.58%
• Price Target: $46.83
• Consensus Rating: Reduce

Lazard Stock Analysis - MarketRank™

Lazard scored higher than 95% of companies evaluated by MarketBeat, and ranked 160th out of 951 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: 3.9 / 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 been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 13.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lazard is 13.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.58.

Price to Book Value per Share Ratio

Lazard has a P/B Ratio of 8.38. 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

6.24% 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 4.3.

Change versus previous month

Short interest in Lazard has recently decreased by 16.92%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Lazard is a leading dividend payer. It pays a dividend yield of 5.20%, 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 75.19%. Payout ratios above 75% are not desirable because they may not be sustainable.

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

6.24% 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 4.3.

Change versus previous month

Short interest in Lazard has recently decreased by 16.92%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.21

News Sentiment

Lazard has a news sentiment score of 0.21. 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 0.88 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 54 news articles for Lazard this week, compared to 13 articles on an average week.

Search Interest

Only 5 people have searched for LAZ on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

2 people have added Lazard to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lazard insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,120,541.00 in 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 decreased by 30.4% and is now trading at $35.8450.
View the best growth stocks for 2025 here.

How were Lazard's earnings last quarter?

Lazard, Inc. (NYSE:LAZ) released its earnings results on Thursday, January, 30th. The asset manager reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.09. Lazard had a net margin of 8.98% and a trailing twelve-month return on equity of 44.58%.
Read the conference call transcript.

Who are Lazard's major shareholders?

Top institutional shareholders of Lazard include O Keefe Stevens Advisory Inc. (0.19%), Rhumbline Advisers (0.11%), GAMMA Investing LLC (0.02%) and Gilman Hill Asset Management LLC (0.01%). 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), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 1/30/2025
• Record date for 2/21 Dividend: 2/10/2025
• Ex-Dividend for 2/21 Dividend: 2/10/2025
• Dividend Payable: 2/21/2025
• Today: 4/16/2025
• Next Earnings (Estimated): 4/25/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Investment Banking & Brokerage
• Current Symbol: NYSE:LAZ
• CIK: 1311370
• Web: www.lazard.com
• Phone: (212) 632-6000
• Fax: 441-292-4720
• Employees: 3,400
• Year Founded: 1848

Price Target and Rating

• Average Stock Price Target: $46.83
• High Stock Price Target: $57.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: +30.7%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.66
• Trailing P/E Ratio: 13.48
• Forward P/E Ratio: 8.45
• P/E Growth: N/A
• Net Income: $279.91 million
• Net Margins: 8.98%
• Pretax Margin: 11.31%
• Return on Equity: 44.58%
• Return on Assets: 5.26%

Debt

• Debt-to-Equity Ratio: 2.72
• Current Ratio: 2.24
• Quick Ratio: 2.24

Sales & Book Value

• Annual Sales: $3.09 billion
• Price / Sales: 1.31
• Cash Flow: $3.35 per share
• Price / Cash Flow: 10.71
• Book Value: $4.28 per share
• Price / Book: 8.38

Miscellaneous

• Outstanding Shares: 112,766,000
• Free Float: 108,413,000
• Market Cap: $4.04 billion
• Optionable: Optionable
• Beta: 1.27