Lazard Ltd. (LAZ)
| Market Cap | 4.44B |
| Revenue (ttm) | 3.08B |
| Net Income (ttm) | 507.58M |
| Shares Out | 102.87M |
| EPS (ttm) | 4.43 |
| PE Ratio | 9.75 |
| Forward PE | 9.66 |
| Dividend | $1.88 (4.36%) |
| Ex-Dividend Date | Nov 5, 2021 |
| Volume | 673,588 |
| Open | 43.96 |
| Previous Close | 44.34 |
| Day's Range | 42.16 - 44.00 |
| 52-Week Range | 38.68 - 53.00 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 53.25 (+23.4%) |
| Earnings Date | Oct 29, 2021 |
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...
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for Lazard stock is "Buy." The 12-month stock price forecast is 53.25, which is an increase of 23.38% from the latest price.
News
Lazard Reports December 2021 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of December 31, 2021 totaled approximately $273.7 billion. The month's AUM includ...
Best 3 small-cap investment bank stocks for 2022
2021 was a good year for investment banking. Global merger and acquisition deals rose to more than $5.8 trillion while Initial Public Offerings (IPOs) rose to $600 billion.
Lazard's (LAZ) November AUM Falls on Market Depreciation
Lazard's (LAZ) November AUM is down 4.4% to $267.4 billion due to market depreciation, lower fixed income and equity asset balances.
Stick with M&A boutiques and investment banks, says Piper Sandler's Jeff Harte
Jeff Harte, Piper Sandler senior research analyst, joins 'The Exchange' to discuss 2021's big year for mergers and acquisitions.
Lazard Reports November 2021 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of November 30, 2021 totaled approximately $267.4 billion. The month's AUM includ...
Lazard Launches Climate Center to Analyze Financial Impact of Climate Change on Companies and Markets
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today announced the formation of the Lazard Climate Center to provide rigorous, data-driven insights on the financial effects of climate change and the ...
Koen Popleu and Monika Kumar Join Lazard Asset Management
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) today announced an expansion of its sustainable investment capabilities with the appointment of Koen Popleu and Monika Kumar as portfolio manager...
Lazard Chairman and Chief Executive Officer Kenneth M. Jacobs to Speak at the Goldman Sachs 2021 US Financial Service...
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 ...
Lazard (LAZ) Forms Alliance With Independence Point Advisors
Lazard (LAZ) forms a strategic alliance with the newly launched women-owned investment bank and advisory firm, Independence Point Advisors.
Lazard Forms Strategic Alliance With Anne Clarke Wolff and Independence Point Advisors
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) and newly launched Independence Point Advisors (IPA) announced today that they have formed a strategic alliance, effective immediately, to provide a sui...
Independence Point Advisors Launches as Women-Led Investment Bank and Advisory Firm
NEW YORK--(BUSINESS WIRE)--Independence Point Advisors (“IPA”) today announced that it has launched as a women-owned investment bank and advisory firm. IPA was founded by industry veteran Anne Clarke Wo...
Lazard's (LAZ) October AUM Rises 2.6% on Market Appreciation
A rise in AUM balance and efforts by Lazard (LAZ) to further capitalize on diverse products will keep supporting its revenue growth.
Lazard Reports October 2021 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of October 31, 2021 totaled approximately $279.7 billion. The month's AUM include...
Lazard (LAZ) Shows Prudent Cost Management: Should You Hold?
Lazard (LAZ) is likely to benefit from solid revenue growth and cost-control measures. Yet, rising outflows and dependence on financial advisory revenues pose headwinds.
Amanda Dupuy Ugarte Joins Lazard as a Managing Director, Private Capital Advisory Group
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that Amanda Dupuy Ugarte has joined Lazard's Financial Advisory business as a Managing Director in the Private Capital Advisory Group, e...
Lazard Asset Management Launches US Systematic Small Cap Equity Portfolio
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management LLC (“LAM”) today announced the launch of the Lazard US Systematic Small Cap Equity Portfolio (Institutional: LUSIX; Open: LUSOX) (the “Fund”), a US mu...
Lazard (LAZ) Q3 Earnings Beat on Higher Revenues, Costs Up
Lazard (LAZ) reports record adjusted operating revenues and average assets under management in Q3. However, rising expenses posed a headwind.
Lazard (LAZ) Beats Q3 Earnings Estimates
Lazard (LAZ) delivered earnings and revenue surprises of 4.26% and -1.17%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Lazard Ltd Reports Third-Quarter and Nine-Month 2021 Results
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $702 million for the quarter ended September 30, 2021. Net income, as adjusted2, was $111 million, or $0.98 per sha...
Lazard Declares Quarterly Dividend of $0.47 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...
Lazard Releases Annual Levelized Cost of Energy, Storage and Hydrogen Analyses
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) has released its annual in-depth studies comparing the costs of energy from various generation technologies, energy storage technologies for different a...
Luba Kotzeva de Diaz Joins Lazard as a Managing Director, European Energy and Renewables Advisory
LONDON--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that Luba Kotzeva de Diaz will join the firm on 01 November 2021, as a Managing Director, Investment Banking, based in London. “Luba bring...
Lazard (LAZ) Reports Next Week: Wall Street Expects Earnings Growth
Lazard (LAZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here's Why Lazard (LAZ) is a Strong Momentum Stock
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Lazard to Announce Third-Quarter and Nine-Month 2021 Results
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its third-quarter and nine-month 2021 results in a press release to be issued Friday morning, October 29, 2021. The press release will be ...