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Lazard Ltd. (LAZ)

Stock Price: $47.20 USD 1.41 (3.08%)
Updated Jul 30, 2021 4:00 PM EDT - Market closed
Market Cap 4.97B
Revenue (ttm) 2.69B
Net Income (ttm) 425.74M
Shares Out 105.36M
EPS (ttm) 4.14
PE Ratio 11.41
Forward PE 12.24
Dividend $1.88
Dividend Yield 3.98%
Trading Day July 30
Last Price $47.20
Previous Close $45.79
Change ($) 1.41
Change (%) 3.08%
Day's Open 46.11
Day's Range 45.50 - 48.98
Day's Volume 842,131
52-Week Range 27.83 - 48.98

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Lazard (LAZ) delivered earnings and revenue surprises of 43.82% and 27.46%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 days ago - Zacks Investment Research

Shares of Lazard (NYSE:LAZ) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 91.04% over the past year to $1.28, which beat the estimate of $0.88.

2 days ago - Benzinga

Lazard Ltd reported an over 94% rise in second-quarter profit on Friday as the investment bank's advisory business benefited from record dealmaking activity in capital markets.

2 days ago - Reuters

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $821 million for the quarter ended June 30, 2021. Net income, as adjusted2, was $146 million, or $1.28 per share (d...

2 days ago - Business Wire

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...

3 days ago - Business Wire

Lazard (LAZ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 days ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) today announced an expansion of its global alternatives investment platform with the hiring of Robert Wall. Mr. Wall will join the firm in Octobe...

6 days ago - Business Wire

Lazard (LAZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) announced today that Joanne Choi has joined the firm as a Managing Director and Chief Marketing Officer, effective immediately. Based in New York...

1 week ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its second-quarter and first-half 2021 results in a press release to be issued Friday morning, July 30, 2021. The press release will be av...

2 weeks ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of June 30, 2021 totaled approximately $277.4 billion. The month's AUM included m...

2 weeks ago - Business Wire

Lazard's Orszag on Flexible Work, Wall Street Hiring, Inflation

YouTube video

Jul.01 -- Peter Orszag, chief executive officer of financial advisory at Lazard and a Bloomberg Opinion columnist, discusses Wall Street's adoption of flexible work policies to retain and attract talent...

1 month ago - Bloomberg Markets and Finance

Piper Sandler's Jeff Harte on the opportunities in bank stocks

YouTube video

Banks are laying out capital plans after the stress test results. Jeff Harte, Piper Sandler managing director, joins 'Closing Bell' to discuss the plan, what it could mean for banks, and if Morgan Stanl...

Other stocks mentioned: BAC, C, GS, JPM, MS, NTRS, STT ...
1 month ago - CNBC Television

HSBC is finally set to announce the sale of its French retail unit to private equity firm Cerberus.

Other stocks mentioned: CS, HSBC, UBS
1 month ago - Zacks Investment Research

Lazard's (LAZ) May AUM is up sequentially to $278.6 billion on market appreciation and favorable foreign-exchange impact.

1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2021 totaled approximately $278.6 billion. The month's AUM included ma...

1 month ago - Business Wire

John Rogers (Trades, Portfolio), leader of Ariel Investments, disclosed his firm's first-quarter portfolio earlier this month.

Other stocks mentioned: AXTA, BIDU, NVT, VIAC, VIV, WB
2 months ago - GuruFocus

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) and New Visions for Public Schools announced today the launch of the Lazard New Visions Academy, a signature initiative funded by the Lazard Foundation ...

2 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that William H. McRaven has joined the firm, effective immediately. McRaven, a retired US Navy four-star admiral and former head of the ...

2 months ago - Business Wire

Lazard's (LAZ) April AUM up sequentially to $274.4 billion on market appreciation and favorable foreign-exchange impact.

2 months ago - Zacks Investment Research

When a company's return on equity (ROE) ratio outperforms most of its competitors, it indicates the company has been very efficient in generating profits.

Other stocks mentioned: APPS, WEN
2 months ago - GuruFocus

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE:LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2021 totaled approximately $274.4 billion. The month's AUM included m...

2 months ago - Business Wire

Lazard (LAZ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

2 months ago - Zacks Investment Research

Lazard's (LAZ) Q1 earnings beat consensus mark on solid revenues and growing assets under management.

2 months ago - Zacks Investment Research

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?

3 months ago - Zacks Investment Research

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.

3 months ago - Reuters

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 (...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

3 months ago - Zacks Investment Research

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.

Other stocks mentioned: KFY, VNO
4 months ago - GuruFocus

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.

4 months ago - Reuters

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...

4 months ago - Business Wire

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...

4 months ago - Zacks Investment Research

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...

4 months ago - Business Wire

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...

Other stocks mentioned: KBH, LPX, PFSI, TKC
4 months ago - GuruFocus

Lazard's (LAZ) February AUM climbs sequentially on market appreciation and net inflows.

4 months ago - Zacks Investment Research

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 ...

Other stocks mentioned: FE, GILD
4 months ago - InvestorPlace

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...

4 months ago - Business Wire

Lazard (LAZ) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

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).

Other stocks mentioned: ALX, CODI, JHG, XOM
4 months ago - Zacks Investment Research

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...

4 months ago - Zacks Investment Research

Lazard (LAZ) has been struggling lately, but the selling pressure may be coming to an end soon

5 months ago - Zacks Investment Research

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...

5 months ago - Zacks Investment Research

Lazard's (LAZ) January AUM declines sequentially to $255.2 billion on market depreciation, unfavorable foreign-exchange impact and net outflows.

5 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

Lazard's (LAZ) fourth-quarter 2020 earnings highlight elevated expenses, revenue growth, rise in AUM and overall outflows.

5 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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
Full Company Profile

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%.

Financial Statements

Analyst Forecasts

According to 11 analysts, the average rating for Lazard stock is "Buy." The 12-month stock price forecast is 52.78, which is an increase of 11.82% from the latest price.

Price Target
$52.78
(11.82% upside)
Analyst Consensus: Buy