Lazard, Inc. (LAZ)

NYSE: LAZ · Real-Time Price · USD
43.00
+2.32 (5.70%)
May 8, 2025, 4:00 PM EDT - Market closed
5.70%
Market Cap 4.05B
Revenue (ttm) 2.94B
Net Income (ttm) 297.12M
Shares Out 94.15M
EPS (ttm) 2.87
PE Ratio 14.96
Forward PE 17.70
Dividend $2.00 (4.65%)
Ex-Dividend Date May 5, 2025
Volume 1,483,109
Open 41.73
Previous Close 40.68
Day's Range 41.73 - 43.54
52-Week Range 31.97 - 61.14
Beta 1.26
Analysts Hold
Price Target 46.83 (+8.91%)
Earnings Date Apr 25, 2025

About LAZ

Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company 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, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to c... [Read more]

Industry Capital Markets
Sector Financials
IPO Date May 5, 2005
Employees 3,263
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 $46.83, which is an increase of 8.91% from the latest price.

Price Target
$46.83
(8.91% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Lazard CEO Peter Orszag: Any rate cuts by the Fed in 2025 will be due to bad news

Lazard CEO and former OMB Director under President Obama Peter Orszag joins 'Squawk Box' to discuss President Trump's tariff policy, state of U.S. trade negotiations, state of the economy, the Fed's i...

1 day ago - CNBC Television

Dealmaking remains uncertain, Lazard banker says: ‘We're not in normal times.'

Lazard Inc.'s stock retreated on Friday after the investment bank said that its deal backlog has grown but that an elevated level of economic uncertainty is making it difficult to predict how the seco...

13 days ago - Market Watch

Lazard CEO Peter Orszag: Recession odds are very high if tariff uncertainty remains

Peter Orszag, Lazard CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, how to tell clients how to respond to recent trade news, and much more.

13 days ago - CNBC Television

Lazard (LAZ) Q1 2025 Earnings Call Transcript

Lazard Inc. (NYSE:LAZ) Q1 2025 Earnings Conference Call April 25, 2025 8:00 AM ET Company Participants Peter Orszag - Chairman, Chief Executive Officer Mary Ann Betsch - Chief Financial Officer Evan ...

13 days ago - Seeking Alpha

Lazard's first-quarter earnings surpass estimates, CEO warns of pressure on dealmaking

Investment bank Lazard's profit beat expectations in the first quarter, as its asset management business performed better than anticipated, but its CEO warned the ongoing economic uncertainty could ke...

13 days ago - Reuters

Lazard Reports First-Quarter 2025 Results

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $648 million and adjusted net revenue1 of $643 million for the quarter ended March 31, 2025. On both a U.S. GAAP and a...

13 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...

14 days ago - Business Wire

Former U.S. Congressman and House Financial Services Chair Patrick McHenry Joins Lazard as Senior Advisor

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ), the preeminent global financial advisory and asset management firm, announced today that Patrick McHenry has joined as Senior Advisor, effective Ap...

20 days ago - Business Wire

Lazard Hires Former Chair of Powerful House Financial Services Committee

Patrick McHenry was known as a crypto industry ally in Congress.

20 days ago - WSJ

Lazard boosts UAE footprint with financial advisory office in Abu Dhabi

Lazard is strengthening its footprint in the United Arab Emirates by opening an office in the capital city of Abu Dhabi which will serve as the investment bank's main financial advisory hub in the cou...

24 days ago - Reuters

Lazard Marks Strategic Expansion Into the UAE, Reinforcing Its Financial Advisory Base in MENA

NEW YORK & ABU DHABI, United Arab Emirates & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today its strategic expansion into the United Arab Emirates, establishing Abu Dha...

24 days ago - Business Wire

Lazard Reports March 2025 Assets Under Management

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2025 totaled approximately $227.4 billion. The month's AUM inclu...

4 weeks ago - Business Wire

Lazard to Announce First Quarter 2025 Financial Results

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its first quarter 2025 financial results in a press release to be issued Friday morning, April 25, 2025. The press release will be ava...

4 weeks ago - Business Wire

Lazard CEO outlines 'several aspects' adding to the market uncertainty

Lazard CEO and Chairman Peter Orszag joins CNBC's Silvia Amaro at the Ambrosetti conference, discussing the impact of U.S. President Donald Trump's sweeping tariffs announcement.

4 weeks ago - CNBC International TV

The markets are still in 'a state of denial' when it comes to tariffs, says Lazard's Ron Temple

Ron Temple, Lazard chief market strategist, joins 'Squawk Box' to discuss the latest market trends, impact of tariff uncertainty, where investors can find opportunities right now, and more.

5 weeks ago - CNBC Television

Lazard and Arini Enter Cooperation and Sourcing Agreement for EMEA Private Credit

LONDON & PARIS--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ), a global financial advisory and asset management firm, and Arini Capital Management (“Arini”), a leading alternative credit manager, today an...

6 weeks ago - Business Wire

Lazard Reports February 2025 Assets Under Management

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of February 28, 2025, totaled approximately $232.9 billion. The month's AUM i...

2 months ago - Business Wire

Buy Two Ideal March 'Safer' Dividend Dogs Of 34 Barron's 2025 Pro-Picks

Barron's New-Year (NY) Roundtable (RT) selections published in three issues 1/13-27/2025, listed 34 dividend picks as the best of 2025. Analysts predict top picks like AdvanSix, Applied Materials, and...

2 months ago - Seeking Alpha

Lazard Appoints Peter Harrison to Board of Directors

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Peter Harrison has been appointed to its Board of Directors, effective today. Mr. Harrison has more than 35 years of experience...

2 months ago - Business Wire

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...

2 months 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...

3 months 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 ...

3 months 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.

3 months 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...

3 months 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...

3 months ago - Reuters