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Lazard Ltd. (LAZ)

Stock Price: $31.35 USD 0.64 (2.08%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 3.54B
Revenue (ttm) 2.42B
Net Income (ttm) 261.16M
Shares Out 104.98M
EPS (ttm) 2.29
PE Ratio 13.69
Forward PE 17.92
Dividend $1.88
Dividend Yield 6.00%

Stock Quote

Trading Day Aug 7, 2020
Last Price $31.35
Previous Close $30.71
Change ($) 0.64
Change (%) 2.08%
Day's Open 30.48
Day's Range 30.42 - 31.40
Day's Volume 461,111
52-Week Range 20.94 - 44.95

More Stats

Market Cap 3.54B
Enterprise Value 4.90B
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date Aug 7, 2020
Shares Outstanding 104.98M
Float 103.60M
EPS (basic) 2.39
EPS (diluted) 2.29
FCF / Share 5.12
Dividend $1.88
Dividend Yield 6.00%
Earnings Yield 7.30%
FCF Yield 15.45%
Payout Ratio 78.70%
Shares Short 3.19M
Short Ratio 4.59
Short % of Float 3.17%
Beta 1.76
PE Ratio 13.69
Forward PE 17.92
P/FCF Ratio 6.47
PS Ratio 1.46
PB Ratio 5.31
Revenue 2.42B
Operating Income 351.31M
Net Income 261.16M
Free Cash Flow 546.05M
Net Cash -1.36B
Net Cash / Share -12.08
Gross Margin 96.01%
Operating Margin 14.50%
Profit Margin 10.80%
FCF Margin 22.54%
ROA 4.79%
ROE 36.97%
ROIC 5.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 4
Overweight 1
Hold 3
Underweight 0
Sell 2

Analyst Consensus: Overweight

Price Target

$32.38*
(3.29% upside)
Low
27.0
Current: $31.35
High
40.0
Target: 32.38
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,5872,8262,6442,3332,3542,3001,9851,9121,8301,905
Revenue Growth-8.48%6.88%13.33%-0.86%2.31%15.87%3.81%4.53%-3.98%-
Gross Profit2,5872,8262,6442,3332,3542,3001,9851,9121,8301,905
Operating Income393681825517-16.62519217124235244
Net Income28752725438898642716084.31175175
Shares Outstanding110119122125125122121117118104
Earnings Per Share2.444.061.912.927.403.201.210.651.361.36
EPS Growth-39.9%112.57%-34.59%-60.54%131.25%164.46%86.15%-52.21%0%-
Dividend Per Share2.351.442.812.691.351.201.001.160.610.50
Dividend Growth63.65%-48.9%4.46%99.26%12.5%20%-13.79%91.74%21%-
Operating Cash Flow6786991,029633887736527482398169
Capital Expenditures-42.25-46.21-26.92-37.65-25.95-20.10-54.55-84.93-45.28-12.95
Free Cash Flow6366531,002595861716472397353156
Cash & Equivalents1,2751,2851,5191,1881,1671,1109049151,0791,303
Total Debt2,3241,4341,1901,1899981,0601,0641,0951,0971,250
Net Cash / Debt-1,049-149329-0.7916949.51-161-179-17.6452.85
Assets5,6404,9974,9294,5574,4783,3323,0112,9873,0823,423
Liabilities4,9584,0273,6703,2633,1102,5622,3812,3352,2152,626
Book Value6109171,2001,2361,313707560570726652
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Lazard Ltd.
Country United States
Employees 2,983
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.