Lazard Ltd. (LAZ)

Stock Price: $37.55 USD -0.40 (-1.04%)

Updated November 30, 3:42 PM EST - Market open

Stock Price Chart

Key Info

Market Cap	4.23B
Revenue (ttm)	2.41B
Net Income (ttm)	289.55M
Shares Out	112.77M
EPS (ttm)	2.55
PE Ratio	14.72
Forward PE	12.72
Dividend	$1.88
Dividend Yield	5.01%

Stock Quote

Trading Day	November 30
Last Price	$37.55
Previous Close	$37.94
Change ($)	-0.40
Change (%)	-1.04%
Day's Open	37.91
Day's Range	37.14 - 37.98
Day's Volume	384,142
52-Week Range	20.11 - 42.07

More Stats

Market Cap	4.23B
Enterprise Value	5.37B
Earnings Date (est)	n/a
Ex-Dividend Date	Nov 6, 2020
Shares Outstanding	112.77M
Float	n/a
EPS (basic)	2.66
EPS (diluted)	2.55
FCF / Share	5.41

Dividend	$1.88
Dividend Yield	5.01%
Earnings Yield	6.79%
FCF Yield	13.68%
Payout Ratio	70.70%
Shares Short	1.47M
Short Ratio	2.40
Short % of Float	n/a
Beta	1.69

PE Ratio	14.72
Forward PE	12.72
P/FCF Ratio	7.31
PS Ratio	1.76
PB Ratio	5.84
Revenue	2.41B
Operating Income	403.62M
Net Income	289.55M
Free Cash Flow	579.21M

Net Cash	-1.14B
Net Cash / Share	-10.11
Gross Margin	96.27%
Operating Margin	16.75%
Profit Margin	12.00%
FCF Margin	24.04%
ROA	5.22%
ROE	39.24%
ROIC	6.50%

Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (10)

Buy	4
Overweight	0
Hold	5
Underweight	0
Sell	1

What these ratings mean

Analyst Consensus: Overweight

Price Target

$39.00*

(3.88% upside)

Low

34.0

Current: $37.55

High

44.0

Target: 39.00

*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	2,587	2,826	2,644	2,333	2,354	2,300	1,985	1,912	1,830	1,905
Revenue Growth	-8.48%	6.88%	13.33%	-0.86%	2.31%	15.87%	3.81%	4.53%	-3.98%	-
Gross Profit	2,587	2,826	2,644	2,333	2,354	2,300	1,985	1,912	1,830	1,905
Operating Income	393	681	825	517	-16.62	519	217	124	235	244
Net Income	287	527	254	388	986	427	160	84.31	175	175
Shares Outstanding	110	119	122	125	125	122	121	117	118	104
Earnings Per Share	2.44	4.06	1.91	2.92	7.40	3.20	1.21	0.65	1.36	1.36
EPS Growth	-39.9%	112.57%	-34.59%	-60.54%	131.25%	164.46%	86.15%	-52.21%	0%	-
Dividend Per Share	2.35	1.44	2.81	2.69	1.35	1.20	1.00	1.16	0.61	0.50
Dividend Growth	63.65%	-48.9%	4.46%	99.26%	12.5%	20%	-13.79%	91.74%	21%	-
Operating Cash Flow	678	699	1,029	633	887	736	527	482	398	169
Capital Expenditures	-42.25	-46.21	-26.92	-37.65	-25.95	-20.10	-54.55	-84.93	-45.28	-12.95
Free Cash Flow	636	653	1,002	595	861	716	472	397	353	156
Cash & Equivalents	1,275	1,285	1,519	1,188	1,167	1,110	904	915	1,079	1,303
Total Debt	2,324	1,434	1,190	1,189	998	1,060	1,064	1,095	1,097	1,250
Net Cash / Debt	-1,049	-149	329	-0.79	169	49.51	-161	-179	-17.64	52.85
Assets	5,640	4,997	4,929	4,557	4,478	3,332	3,011	2,987	3,082	3,423
Liabilities	4,958	4,027	3,670	3,263	3,110	2,562	2,381	2,335	2,215	2,626
Book Value	610	917	1,200	1,236	1,313	707	560	570	726	652

Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name	Lazard Ltd.
Country	United States
Employees	3,099
CEO	Kenneth Marc Jacobs

Stock Information

Ticker Symbol	LAZ
Stock Exchange	New York Stock Exchange
Sector	Financial Services
Industry	Capital Markets
Unique Identifier	NYSE: LAZ
IPO Date	May 5, 2005

Description

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income 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 Ltd was founded in 1848 and is based in Hamilton, Bermuda.