Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
56.92
+1.97 (3.58%)
Nov 21, 2024, 1:04 PM EST - Market open

Lazard Statistics

Total Valuation

Lazard has a market cap or net worth of $5.15 billion.

Market Cap 5.15B
Enterprise Value n/a

Important Dates

The last earnings date was Thursday, October 31, 2024, before market open.

Earnings Date Oct 31, 2024
Ex-Dividend Date Nov 8, 2024

Share Statistics

Lazard has 90.47 million shares outstanding. The number of shares has increased by 11.23% in one year.

Current Share Class 90.47M
Shares Outstanding 90.47M
Shares Change (YoY) +11.23%
Shares Change (QoQ) +2.83%
Owned by Insiders (%) 2.71%
Owned by Institutions (%) 88.78%
Float 87.97M

Valuation Ratios

The trailing PE ratio is 22.26 and the forward PE ratio is 16.89. Lazard's PEG ratio is 8.16.

PE Ratio 22.26
Forward PE 16.89
PS Ratio 1.66
Forward PS 1.65
PB Ratio 7.96
P/TBV Ratio 22.32
P/FCF Ratio 7.51
P/OCF Ratio 7.10
PEG Ratio 8.16
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.71, with a Debt / Equity ratio of 3.49.

Current Ratio 2.71
Quick Ratio 2.28
Debt / Equity 3.49
Debt / EBITDA n/a
Debt / FCF 3.91
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 44.23%.

Return on Equity (ROE) 44.23%
Return on Assets (ROA) 6.14%
Return on Capital (ROIC) n/a
Revenue Per Employee $926,015
Profits Per Employee $76,242
Employee Count 3,291
Asset Turnover 0.67
Inventory Turnover n/a

Taxes

In the past 12 months, Lazard has paid $71.38 million in taxes.

Income Tax 71.38M
Effective Tax Rate 20.32%

Stock Price Statistics

The stock price has increased by +111.23% in the last 52 weeks. The beta is 1.36, so Lazard's price volatility has been higher than the market average.

Beta (5Y) 1.36
52-Week Price Change +111.23%
50-Day Moving Average 52.29
200-Day Moving Average 44.03
Relative Strength Index (RSI) 58.99
Average Volume (20 Days) 897,622

Short Selling Information

The latest short interest is 2.60 million, so 2.87% of the outstanding shares have been sold short.

Short Interest 2.60M
Short Previous Month 2.89M
Short % of Shares Out 2.87%
Short % of Float 2.95%
Short Ratio (days to cover) 3.97

Income Statement

In the last 12 months, Lazard had revenue of $3.05 billion and earned $250.91 million in profits. Earnings per share was $2.55.

Revenue 3.05B
Gross Profit 2.76B
Operating Income 416.78M
Pretax Income 171.07M
Net Income 250.91M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $2.55
Full Income Statement

Balance Sheet

The company has $1.17 billion in cash and $2.67 billion in debt, giving a net cash position of -$1.50 billion or -$16.57 per share.

Cash & Cash Equivalents 1.17B
Total Debt 2.67B
Net Cash -1.50B
Net Cash Per Share -$16.57
Equity (Book Value) 764.46M
Book Value Per Share 6.90
Working Capital 1.39B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $721.57 million and capital expenditures -$39.42 million, giving a free cash flow of $682.15 million.

Operating Cash Flow 721.57M
Capital Expenditures -39.42M
Free Cash Flow 682.15M
FCF Per Share $7.54
Full Cash Flow Statement

Margins

Gross margin is 90.42%, with operating and profit margins of 13.68% and 8.44%.

Gross Margin 90.42%
Operating Margin 13.68%
Pretax Margin 11.53%
Profit Margin 8.44%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin 15.62%

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 3.52%.

Dividend Per Share $2.00
Dividend Yield 3.52%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 78.31%
Buyback Yield -11.23%
Shareholder Yield -7.59%
Earnings Yield 4.89%
FCF Yield 13.31%
Dividend Details

Analyst Forecast

The average price target for Lazard is $53.00, which is -6.88% lower than the current price. The consensus rating is "Hold".

Price Target $53.00
Price Target Difference -6.88%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6