Lazard, Inc. (LAZ)

NYSE: LAZ · Real-Time Price · USD
49.54
-2.48 (-4.77%)
Feb 21, 2025, 4:00 PM EST - Market closed
-4.77%
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]

Industry Capital Markets
Sector Financials
IPO Date May 5, 2005
Employees 3,291
Stock Exchange NYSE
Ticker Symbol LAZ
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$55.33
(11.69% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

3 days ago - Business Wire

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...

10 days ago - Business Wire

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 ...

22 days ago - Seeking Alpha

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.

22 days ago - CNBC Television

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...

22 days ago - Seeking Alpha

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...

23 days ago - Reuters

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...

23 days ago - Business Wire

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...

23 days ago - Business Wire

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...

5 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

Other symbols: ABABRACREAPOARESARIBDN
2 months ago - GlobeNewsWire

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.

2 months ago - Reuters

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Reuters

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...

2 months ago - Business Wire

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...

2 months ago - Reuters

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - CNBC Television

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...

3 months ago - CNBC Television