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Lazard (LAZ)
NYSE:LAZ
Lazard (LAZ) Stock Price & Analysis
581 Followers
LAZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.16 - $42.10
Previous Close$38.76
Volume728.21K
Average Volume (3M)862.70K
Market Cap
$3.39B
Enterprise Value$5.71B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.18B
Price to Earnings (P/E)―
Beta1.40
Next Earnings
Jul 25, 2024EPS Estimate
$0.43Last Dividend Ex-Date
May 03, 2024Dividend Yield5.24%
Share Statistics
EPS (TTM)-0.34
Shares Outstanding112,766,091
10 Day Avg. Volume861,297
30 Day Avg. Volume862,701
Standard Deviation0.10
R-Squared0.56
Alpha-0.00359
Financial Highlights & Ratios
Price to Book (P/B)-2934.01
Price to Sales (P/S)1.61
Price to Cash Flow (P/CF)-11.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.34
Enterprise Value/Gross Profit10.00T>
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$47.00Price Target Upside20.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Lazard News
PremiumCompany Announcements
Lazard Shareholders Vote on Directors and Key Proposals
Bulls Say, Bears Say
Bulls Say
Corporate StrategyLazard's fundamental position is better than it has been in some time following decisive actions taken by the company in 2023 and a new invigoration culturally, driven by CEO Peter Orszag.
Financial PerformanceLazard has been experiencing a notable recovery in its Financial Advisory business, with the strongest first quarter ever.
Market ValuationAttractive upside is seen if Lazard's execution continues as anticipated, with shares trading at a low valuation compared to peers.
Bears Say
AUMTotal AUM is slightly below Consensus 2Q end-of-period estimate.
Net OutflowsQTD net outflows of -$5.2B exceed Consensus full quarter estimate of -$4.4B.
Pre-tax MarginsPre-tax margins are expected to fall, impacting 2024E/25E/26E EPS.
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Ownership Overview
17.36% Insiders
38.36% Mutual Funds
40.71% Other Institutional Investors
3.57% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LAZ FAQ
What was Lazard’s price range in the past 12 months?
Lazard lowest stock price was $25.16 and its highest was $42.10 in the past 12 months.
What is Lazard’s market cap?
Currently, no data Available
When is Lazard’s upcoming earnings report date?
Lazard’s upcoming earnings report date is Jul 25, 2024 which is in 22 days.
How were Lazard’s earnings last quarter?
Lazard released its earnings results on Apr 25, 2024. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.554 by $0.106.
Is Lazard overvalued?
According to Wall Street analysts Lazard’s price is currently Undervalued.
Does Lazard pay dividends?
Lazard pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 5.24%. See more information on Lazard dividends here
What is Lazard’s EPS estimate?
Lazard’s EPS estimate is $0.43.
How many shares outstanding does Lazard have?
Lazard has 87,414,870 shares outstanding.
What happened to Lazard’s price movement after its last earnings report?
Lazard reported an EPS of $0.66 in its last earnings report, beating expectations of $0.554. Following the earnings report the stock price went down -1.057%.
Which hedge fund is a major shareholder of Lazard?
Among the largest hedge funds holding Lazard’s share is Ariel Investments LLC. It holds Lazard’s shares valued at 265M.
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Lazard Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$47.00 (20.20% Upside)
$47.00 (20.20% Upside)
Blogger Sentiment
Bullish
LAZ Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 6.7%
Last 30 Days ▲ 6.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.41%
12-Months-Change
Fundamentals
Return on Equity
-5.25%
Trailing 12-Months
Asset Growth
0.43%
Trailing 12-Months
Company Description
Lazard
Lazard Ltd. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.
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LAZ Company Deck
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LAZ Earnings Call
Q1 2024
0:00 / 0:00
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LAZ Net revenue Breakdown
55.07% Financial Advisory
45.78% Asset management
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LAZ Stock 12 Month Forecast
Average Price Target
$47.00
▲(20.20% Upside)
Technical Analysis
Best Analysts Covering LAZ
1 Year
1 Year Success Rate
8/14 ratings generated profit
1 Year Average Return
+2.46%
upgraded a buy rating 6 months ago
Copying Steven Chubak's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +2.46% per trade.
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