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Lazard (LAZ)
NYSE:LAZ
Holding LAZ?
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LAZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$34.25 - $61.14
Previous Close$52.04
Volume2.51M
Average Volume (3M)778.12K
Market Cap
$4.57B
Enterprise Value$7.08B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.37B
Price to Earnings (P/E)20.1
Beta1.18
Next Earnings
Jan 30, 2025EPS Estimate
$0.63Last Dividend Ex-Date
Nov 08, 2024Dividend Yield3.96%
Share Statistics
EPS (TTM)2.51
Shares Outstanding112,766,091
10 Day Avg. Volume1,175,742
30 Day Avg. Volume778,117
Standard Deviation0.10
R-Squared0.48
Alpha-0.00034
Financial Highlights & Ratios
Price to Book (P/B)9.39
Price to Sales (P/S)1.92
Price to Cash Flow (P/CF)5.00
P/FCF Ratio5.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.48
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$58.00Price Target Upside11.45% Upside
Rating ConsensusHold
Number of Analyst Covering5
Lazard News
PremiumCompany Announcements
Lazard Announces Leadership Changes for Future Growth
Bulls Say, Bears Say
Bulls Say
Advisory RevenueAdvisory revenue is up significantly relative to last year, indicating strong performance in challenging market conditions.
Dividend YieldThe firm boasts a best-in-class dividend yield in the IAF space of 3.8%, significantly higher than the peer average of 1.9%, making it an attractive option for income-focused investors.
Mandates And FlowsThe company is set to enter 2025 with the highest ever, won but not funded, mandates totaling roughly $10B, providing a strong tailwind for future growth.
Bears Say
Asset Management PerformanceMonthly net outflows continue at -$2.3BN; November AUM was ~2% below Consensus 4Q EoP/Avg. AUM levels, meaning Consensus estimates likely move lower.
Client Asset RestructuringGross outflows included approximately $7BN from one client that restructured its developed market assets into passive strategies.
Market And Currency ImpactRecent USD strength a headwind as well.
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Ownership Overview
2.40% Insiders
39.50% Mutual Funds
24.29% Other Institutional Investors
13.85% 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 $34.25 and its highest was $61.14 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 Jan 30, 2025 which is in 39 days.
How were Lazard’s earnings last quarter?
Lazard released its earnings results on Oct 31, 2024. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by -$0.01.
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 3.96%. See more information on Lazard dividends here
What is Lazard’s EPS estimate?
Lazard’s EPS estimate is $0.63.
How many shares outstanding does Lazard have?
Lazard has 90,469,770 shares outstanding.
What happened to Lazard’s price movement after its last earnings report?
Lazard reported an EPS of $0.38 in its last earnings report, missing expectations of $0.39. Following the earnings report the stock price went up 4.536%.
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 310M.
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Lazard Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$58.00 (11.45% Upside)
$58.00 (11.45% Upside)
Blogger Sentiment
Bullish
LAZ Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 455.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 3.8%
Last 30 Days ▼ 3.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.24%
12-Months-Change
Fundamentals
Return on Equity
50.92%
Trailing 12-Months
Asset Growth
12.21%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call for Lazard's Q3 2024 reflected strong overall performance with significant revenue growth in both the Financial Advisory and Asset Management sectors. Despite challenges such as net outflows in Asset Management and geopolitical risks, the firm demonstrated robust growth in private capital revenue and employee engagement, indicating positive momentum towards future objectives.Read More>---
LAZ Net revenue Breakdown
55.07% Financial Advisory
45.78% Asset management
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LAZ Stock 12 Month Forecast
Average Price Target
$58.00
▲(11.45% Upside)
Technical Analysis
Best Analysts Covering LAZ
1 Year
1 Year Success Rate
19/27 ratings generated profit
1 Year Average Return
+16.02%
reiterated a buy rating 2 months ago
Copying Devin Ryan's trades and holding each position for 1 Year would result in 70.37% of your transactions generating a profit, with an average return of +16.02% per trade.
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