Lazard, Inc. (LAZ)

NYSE: LAZ · Real-Time Price · USD
43.17
-1.64 (-3.66%)
At close: Mar 28, 2025, 4:00 PM
45.00
+1.83 (4.24%)
After-hours: Mar 28, 2025, 7:44 PM EDT
-3.66%
Market Cap 3.88B
Revenue (ttm) 3.05B
Net Income (ttm) 273.03M
Shares Out 89.90M
EPS (ttm) 2.68
PE Ratio 16.12
Forward PE 12.27
Dividend $2.00 (4.63%)
Ex-Dividend Date Feb 10, 2025
Volume 852,843
Open 44.57
Previous Close 44.81
Day's Range 43.00 - 44.76
52-Week Range 35.56 - 61.14
Beta 1.39
Analysts Hold
Price Target 54.17 (+25.48%)
Earnings Date Apr 24, 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 $54.17, which is an increase of 25.48% from the latest price.

Price Target
$54.17
(25.48% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days 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...

16 days 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...

21 days 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...

25 days 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...

5 weeks 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...

6 weeks 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 ...

2 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.

2 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...

2 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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 ...

2 months 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...

2 months 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
3 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.

3 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...

3 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...

3 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.

4 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...

4 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...

4 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...

4 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...

4 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...

4 months ago - Business Wire