Lazard Ltd. (LAZ)
| Market Cap | 4.92B |
| Revenue (ttm) | 2.69B |
| Net Income (ttm) | 425.74M |
| Shares Out | 105.36M |
| EPS (ttm) | 3.73 |
| PE Ratio | 12.27 |
| Forward PE | 12.12 |
| Dividend | $1.88 |
| Dividend Yield | 4.11% |
| Trading Day | May 11 |
| Last Price | $45.72 |
| Previous Close | $46.04 |
| Change ($) | -0.32 |
| Change (%) | -0.70% |
| Day's Open | 45.37 |
| Day's Range | 44.76 - 45.72 |
| Day's Volume | 86,133 |
| 52-Week Range | 22.08 - 47.35 |
Lazard's (LAZ) Q1 earnings beat consensus mark on solid revenues and growing assets under management.
Lazard (LAZ) delivered earnings and revenue surprises of 2.35% and -0.80%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Investment bank Lazard Ltd reported a nearly 52% surge in first-quarter profit on Friday, as record deal-making activity powered its financial advisory business.
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $648 million for the quarter ended March 31, 2021. Net income, as adjusted2, was $101 million, or $0.87 per share (...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.47 per share on its outstanding common stock. The dividend i...
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management LLC (“LAM”) today announced the expansion of its alternative investment platform, with the addition of a long/short equity team focused on the technolo...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its first-quarter 2021 results in a press release to be issued Friday morning, April 30, 2021. The press release will be available on Laza...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2021 totaled approximately $264.9 billion. The month's AUM included ...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Third Avenue Value Fund (Trades, Portfolio) has revealed its portfolio for the first quarter, which ended Jan. 31. Top trades include new buys into Lazard Ltd.
Two special purpose acquisition companies (SPACs) backed by investment bank Lazard Ltd are aiming to raise as much as $500 million in initial public offerings, according to regulatory filings on Monday.
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that each of Lazard Fintech Acquisition Corp. I (“LFTA”) and Lazard Healthcare Acquisition Corp. I (“LHCA”) have publicly filed registra...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that it has nominated Prof. Dr. Dr. Ann-Kristin Achleitner to join its Board of Directors at its 2021 Annual Meeting of Shareholders. In...
According to the GuruFocus All-in-One Screener, a Premium feature, as of March 15, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positi...
Lazard's (LAZ) February AUM climbs sequentially on market appreciation and net inflows.
Look to these value stocks for a great blend of dividend safety, payout growth, current yield and capital appreciation potential. The post 3 Deep Value Stocks for Income and High Total Returns appeared ...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of February 28, 2021 totaled approximately $260.7 billion. The month's AUM includ...
Lazard (LAZ) reported earnings 30 days ago. What's next for the stock?
Rise in bond yields spooked investors. But, instead of steering clear of stocks, buy dividend players like Alexanders (ALX), Exxon Mobil (XOM) and Lazard (LAZ).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Lazard (LAZ) has been struggling lately, but the selling pressure may be coming to an end soon
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Lazard's (LAZ) January AUM declines sequentially to $255.2 billion on market depreciation, unfavorable foreign-exchange impact and net outflows.
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of January 31, 2021 totaled approximately $255.2 billion. The month's AUM include...
Lazard's (LAZ) fourth-quarter 2020 earnings highlight elevated expenses, revenue growth, rise in AUM and overall outflows.
Lazard (LAZ) delivered earnings and revenue surprises of 69.39% and 24.29%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Lazard (NYSE:LAZ) were flatin pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 82.42% year over year to $1.66, which beat the estimate o...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported annual operating revenue1 of $2,524 million for the year ended December 31, 2020. Net income, as adjusted2, was $410 million, or $3.60 pe...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.47 per share on its outstanding common stock. The dividend i...
On Friday, February 05, Lazard (NYSE:LAZ) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its full-year and fourth-quarter 2020 results in a press release to be issued Friday morning, February 5, 2021. The press release will be ...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of December 31, 2020 totaled approximately $258.6 billion. The month's AUM includ...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that James J. Orozco has joined Lazard's Financial Advisory business as a Managing Director covering financial sponsors, effective immed...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that Adam Handwerker will join Lazard's Financial Advisory business as a Managing Director in the Private Capital Advisory Group, effect...
Lazard has seen a rebound in its asset management and advisory services businesses since the first half of the year. Looking forward, management expects a continuation of elevated M&A activity.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Lazard's (LAZ) preliminary AUM of $247.6 billion for November indicates an increase of 10.5% from the prior month.
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of November 30, 2020 totaled approximately $247.6 billion. The month's AUM includ...
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that Kenneth M. Jacobs, Chairman and Chief Executive Officer, is scheduled to participate in a moderated question and answer session at ...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Lazard's (LAZ) preliminary AUM of $224.2 billion for October reflects a decrease of 1.6% from the prior month.
LONDON--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that Sam Whittaker will re-join Lazard Financial Advisory as a Managing Director, effective immediately. Sam joins from PJT Partners where...
Lazard Ltd has hired restructuring banker Sam Whittaker from PJT Partners to oversee negotiations between companies and their creditors across Europe, the Middle East and Africa as a second wave of COVI...
Lazard's (LAZ) third-quarter 2020 earnings highlight prudent expense management, revenue declines, fall in AUM and overall outflows.
Lazard Ltd (LAZ) CEO Kenneth Jacobs on Q3 2020 Results - Earnings Call Transcript
Lazard (LAZ) delivered earnings and revenue surprises of 36.73% and 9.39%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $569 million for the quarter ended September 30, 2020. Net income, as adjusted2, was $76 million, or $0.67 per shar...
About LAZ
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, 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 across various industry are... [Read more...]
| Industry Capital Markets | IPO Date May 5, 2005 |
| CEO Kenneth Jacobs | Employees 3,089 |
| Stock Exchange NYSE | Ticker Symbol LAZ |
Financial Performance
In 2020, Lazard's revenue was $2.57 billion, a decrease of -0.80% compared to the previous year's $2.59 billion. Earnings were $402.46 million, an increase of 40.48%.
Analyst Forecasts
According to 11 analysts, the average rating for Lazard stock is "Buy." The 12-month stock price forecast is 52.33, which is an increase of 14.46% from the latest price.