Lazard, Inc. (LAZ)
Market Cap | 4.48B |
Revenue (ttm) | 3.05B |
Net Income (ttm) | 279.91M |
Shares Out | 90.47M |
EPS (ttm) | 2.68 |
PE Ratio | 18.49 |
Forward PE | 13.35 |
Dividend | $2.00 (4.04%) |
Ex-Dividend Date | Feb 10, 2025 |
Volume | 1,206,126 |
Open | 52.55 |
Previous Close | 52.02 |
Day's Range | 49.13 - 52.66 |
52-Week Range | 35.56 - 61.14 |
Beta | 1.39 |
Analysts | Hold |
Price Target | 55.33 (+11.69%) |
Earnings Date | Jan 30, 2025 |
About 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. Th... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for LAZ stock is "Hold." The 12-month stock price forecast is $55.33, which is an increase of 11.69% from the latest price.
News
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Lazard Hires Chris Miller as Managing Director, Power, Energy & Infrastructure Advisory
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Chris Miller joined the firm as a Managing Director within the Power, Energy & Infrastructure Advisory business, based in Houst...
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Lazard Reports January 2025 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of January 31, 2025 totaled approximately $233.0 billion. The month's AUM inc...
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Lazard: Healthy Backlog Into Next Year, But Peers Are Competitively Valued
Lazard, Inc. reported $10 billion in won but not yet funded mandates, meaning they have healthy commissions to be earned in the coming year. LAZ is aggressively hiring MDs, aiming to put them to work ...
Lazard CEO: Ahead of schedule on the pathway to Lazard 2030
Peter Orszag, Lazard CEO, joins 'Squawk on the Street' to discuss the company's latest earnings results, the pipeline for capital markets activity, and much more.
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Lazard, Inc. (LAZ) Q4 2024 Earnings Call Transcript
Lazard, Inc. (NYSE:LAZ) Q4 2024 Earnings Conference Call January 30, 2025 8:00 AM ET Company Participants Alexandra Deignan – Head-Investor Relations and Treasury Peter Orszag – Chief Executive Offic...
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Lazard quarterly profit climbs as dealmaking rebound boosts advisory business
Investment bank Lazard reported a rise in fourth-quarter profit on Thursday due to a strong performance in its advisory business, which benefited from an industry-wide resurgence in dealmaking as borr...
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Lazard Reports Fourth-quarter and Full-year 2024 Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $817 million and adjusted net revenue1 of $812 million for the quarter ended December 31, 2024. For the full year of 2...
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Lazard Declares Quarterly Dividend of $0.50 Per Share
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The divide...
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Lazard Reports December 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of December 31, 2024 totaled approximately $226.3 billion. The month's AUM in...
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Lazard to Announce Fourth-Quarter and Full-Year 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its fourth-quarter and full-year 2024 financial results in a press release to be issued Thursday morning, January 30, 2025. The press ...
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Lazard Hires Stephen Finkel as Managing Director and Global Head of Sports Advisory
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Stephen Finkel joined the firm as a Managing Director and Global Head of Sports Advisory, based in New York. In addition, the f...
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KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
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Lazard expects dealmaking to pick up, tariffs to be measured
Investment bank Lazard's CEO, Peter Orszag, predicted a surge in dealmaking momentum to continue into next year, helped by private equity activity.
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Lazard, Inc. Announces Results of Consent Solicitation and Offer to Guarantee Lazard Group LLC Senior Notes
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) (“Lazard”) today announced that, in connection with its previously announced consent solicitation and offer to guarantee for Lazard Group LLC (a who...
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Lazard Reports November 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of November 30, 2024 totaled approximately $234.4 billion. The month's AUM in...
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Banco BPM set to hand Citi, Lazard mandate for UniCredit bid, sources say
Italian bank Banco BPM is preparing to give Citigroup and Lazard a mandate to advise over an unsolicited takeover bid by rival UniCredit , three people close to the matter said.
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Lazard, Inc. Commences Consent Solicitation and Offer to Guarantee for Lazard Group LLC Senior Notes
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) (“Lazard”) today announced that it has commenced a consent solicitation to certain proposed amendments to the indenture, dated as of May 10, 2005 (a...
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Lazard hires Citigroup's Miller in energy investment banking push, sources say
Lazard has hired veteran Citigroup investment banker Chris Miller as a managing director to help drive its dealmaking efforts in the energy industry, people familiar with the matter told Reuters on Tu...
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Lazard Appoints Dan Schulman as Lead Independent Director and Peter R. Orszag as Chairman of the Board
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Dan Schulman, Board Member, has been appointed Lead Independent Director to succeed Richard D. Parsons, who remains on the Boar...
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Lazard Chief Executive Officer Peter R. Orszag to Speak at the 2024 Goldman Sachs U.S. Financial Services Conference
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that Peter R. Orszag, Chief Executive Officer, is scheduled to participate in a fireside chat at the Goldman Sachs U.S. Financial Se...
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Lazard Hires Jennifer Tedesko as Managing Director; Expands Private Capital Advisory Business on West Coast
NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Jennifer (Jen) Tedesko joined the firm as a Managing Director within the Private Capital Advisory (PCA) busines...
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Parametric Expands Custom Active Platform With Additional Strategies From Capital Group, MSIM and New Partner Lazard Asset Management
SEATTLE--(BUSINESS WIRE)--Parametric Portfolio Associates LLC (Parametric), part of Morgan Stanley Investment Management (MSIM), is pleased to announce Lazard Asset Management as a new partner for the...
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Lazard Reports October 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of October 31, 2024 totaled approximately $235.8 billion. The month's AUM inc...
Lazard CEO Peter Orszag: Trump's election victory will be good for our business 'temporarily'
Lazard CEO Peter Orszag joins ‘Squawk Box' to discuss President-elect Trump's election victory, impact on the markets and the economy, state of M&A, regulatory outlook, rooting out government waste, t...
Lazard CEO Peter Orszag: It's in President-elect Trump's interest to have an independent Fed
Lazard CEO Peter Orszag joins 'Squawk Box' to discuss President-elect Trump's election victory, impact on the markets and the economy, state of M&A, regulatory outlook, rooting out government waste, t...