Summary
41.00 0.19(0.47%)05/20/2024
Lazard Ltd. (LAZ)
Lazard Ltd. (LAZ)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -2.51 | 0.83 | -5.85 | -1.27 | 36.21 | 39.19 | 30.22 | 212.31 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 38.82 | |
| Open | 39.94 | |
| High | 39.99 | |
| Low | 38.82 | |
| Volume | 638,018 | |
| Change | -1.00 | |
| Change % | -2.51 | |
| Avg Volume (20 Days) | 698,748 | |
| Volume/Avg Volume (20 Days) Ratio | 0.91 | |
| 52 Week Range | 25.82 - 42.24 | |
| Price vs 52 Week High | -8.10% | |
| Price vs 52 Week Low | 50.35% | |
| Range | -2.80 | |
| Gap Up/Down | 0.07 | |
Fundamentals | ||
| Market Capitalization (Mln) | 3,567 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 1.0226 | |
| WallStreet Target Price | 48.29 | |
| Book Value | 4.3390 | |
| Earnings Per Share | -0.2800 | |
| EPS Estimate Current Quarter | 0.5100 | |
| EPS Estimate Next Quarter | 0.5700 | |
| EPS Estimate Current Year | 2.9800 | |
| EPS Estimate Next Year | 4.1900 | |
| Diluted EPS (TTM) | -0.2800 | |
| Revenues | ||
| Profit Marging | -0.0064 | |
| Operating Marging (TTM) | 0.1308 | |
| Return on asset (TTM) | -0.0004 | |
| Return on equity (TTM) | -0.0033 | |
| Revenue TTM | 2,742,142,976 | |
| Revenue per share TTM | 30.4980 | |
| Quarterly Revenue Growth (YOY) | 0.4080 | |
| Quarterly Earnings Growth (YOY) | 0.4660 | |
| Gross Profit (TTM) | 2,491,492,000 | |
| Dividends | ||
| Dividend Share | 2.0000 | |
| Dividend Yield | 0.0517 | |
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 12.5786 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 7.9161 | |
| Revenue Enterprise Value | 1.7008 | |
| EBITDA Enterprise Value | 106.0809 | |
| Shares | ||
| Shares Outstanding | 90,204,496 | |
| Shares Float | 86,720,824 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.03 | |
| Insider (%) | 3.47 | |
| Institutions (%) | 59.22 | |
05/20 07:00 EST - businesswire.com
Ben Braun Joins Lazard as Global Head of Media, Entertainment & Sports Advisory
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that Ben Braun joined the firm as Managing Director and Global Head of Media, Entertainment & Sports Advisory. Based in New York, Mr. Braun will lead the firm's newly created Media, Entertainment & Sports advisory team. This specialized practice area will operate within Lazard's Financial Advisory business, offering a comprehensive range of services tailored to the unique needs of clients in these rapidly evolving indus.
Ben Braun Joins Lazard as Global Head of Media, Entertainment & Sports Advisory
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that Ben Braun joined the firm as Managing Director and Global Head of Media, Entertainment & Sports Advisory. Based in New York, Mr. Braun will lead the firm's newly created Media, Entertainment & Sports advisory team. This specialized practice area will operate within Lazard's Financial Advisory business, offering a comprehensive range of services tailored to the unique needs of clients in these rapidly evolving indus.
05/17 04:01 EST - seekingalpha.com
Lazard: Liability Management Pickup, Markets Equilibrating
Lazard's advisory business has a somewhat low implied valuation when taking a crude blended multiple approach. On top of that, Lazard has had some decent years and displayed resilience in the face of a complex market. The income proposition is supported by a stabler asset management business and Lazard has strong franchises in several, somewhat uncorrelated major markets.
Lazard: Liability Management Pickup, Markets Equilibrating
Lazard's advisory business has a somewhat low implied valuation when taking a crude blended multiple approach. On top of that, Lazard has had some decent years and displayed resilience in the face of a complex market. The income proposition is supported by a stabler asset management business and Lazard has strong franchises in several, somewhat uncorrelated major markets.
05/13 11:31 EST - zacks.com
Lazard's (LAZ) April AUM Declines 3.8% on Weaker Markets
Lazard's (LAZ) preliminary AUM balance for April 2024 declines 3.8% on a sequential basis due to the impact of negative markets.
Lazard's (LAZ) April AUM Declines 3.8% on Weaker Markets
Lazard's (LAZ) preliminary AUM balance for April 2024 declines 3.8% on a sequential basis due to the impact of negative markets.
05/13 03:00 EST - businesswire.com
Sarbjit Nahal Joins Lazard Asset Management
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) announced today that it is strengthening its leading Global Thematic platform with the addition of Sarbjit Nahal as a Portfolio Manager / Analyst. The addition of Mr. Nahal bolsters Lazard's Global Thematic Equity strategies, which seek to benefit from structural change in industries and companies around the world. “Over the course of his career, Sarbjit has established a leading reputation in the world of thematic investing for his deep.
Sarbjit Nahal Joins Lazard Asset Management
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) announced today that it is strengthening its leading Global Thematic platform with the addition of Sarbjit Nahal as a Portfolio Manager / Analyst. The addition of Mr. Nahal bolsters Lazard's Global Thematic Equity strategies, which seek to benefit from structural change in industries and companies around the world. “Over the course of his career, Sarbjit has established a leading reputation in the world of thematic investing for his deep.
05/10 06:45 EST - businesswire.com
Lazard Reports April 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2024 totaled approximately $240.8 billion. The month's AUM included market depreciation of $4.4 billion, net outflows of $3.6 billion and foreign exchange depreciation of $1.6 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: April 30, March 31, 20241 2024 Equity $187,582 $195,253 Fixed Income 45,399 47,220 Oth.
Lazard Reports April 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2024 totaled approximately $240.8 billion. The month's AUM included market depreciation of $4.4 billion, net outflows of $3.6 billion and foreign exchange depreciation of $1.6 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: April 30, March 31, 20241 2024 Equity $187,582 $195,253 Fixed Income 45,399 47,220 Oth.
05/09 03:15 EST - reuters.com
Lazard hires veteran healthcare dealmaker Colocci as vice chairman
Investment bank Lazard Ltd has appointed veteran healthcare dealmaker Michele Colocci as vice chairman and managing director, aiming to boost the growth of its healthcare advisory, according to a company announcement.
Lazard hires veteran healthcare dealmaker Colocci as vice chairman
Investment bank Lazard Ltd has appointed veteran healthcare dealmaker Michele Colocci as vice chairman and managing director, aiming to boost the growth of its healthcare advisory, according to a company announcement.
05/08 13:33 EST - youtube.com
China refines up to 90% of the precious minerals for energy transition, Lazard president says
The Milken Institute Global Conference continues in California, with Lazard (LAZ) President Ray McGuire joining Yahoo Finance executive editor Brian Sozzi and anchor Akiko Fujita to discuss market outlooks, AI investments, election risks, and more. McGuire says that investors approach markets from two perspectives: "What's in front of us and what's ahead of us.
China refines up to 90% of the precious minerals for energy transition, Lazard president says
The Milken Institute Global Conference continues in California, with Lazard (LAZ) President Ray McGuire joining Yahoo Finance executive editor Brian Sozzi and anchor Akiko Fujita to discuss market outlooks, AI investments, election risks, and more. McGuire says that investors approach markets from two perspectives: "What's in front of us and what's ahead of us.
05/07 17:00 EST - youtube.com
Lazard's McGuire Sees Rates Staying Higher for Longer
Lazard President Ray McGuire discusses the current economic environment and the outlook for deal activity at the Milken Institute Global Conference in Beverly Hills, CA. -------- More on Bloomberg Television and Markets Like this video?
Lazard's McGuire Sees Rates Staying Higher for Longer
Lazard President Ray McGuire discusses the current economic environment and the outlook for deal activity at the Milken Institute Global Conference in Beverly Hills, CA. -------- More on Bloomberg Television and Markets Like this video?
05/05 11:00 EST - 247wallst.com
5 High-Yield Dividend Stocks to Buy in May
Investors are abuzz about whether or not Berkshire Hathaway (NYSE: BRK-B) will do a 180-turn and become a dividend-paying stock.
5 High-Yield Dividend Stocks to Buy in May
Investors are abuzz about whether or not Berkshire Hathaway (NYSE: BRK-B) will do a 180-turn and become a dividend-paying stock.
04/26 13:20 EST - zacks.com
Lazard (LAZ) Dips 1% Despite Surpassing Q1 Earnings Estimates
Lazard's (LAZ) Q1 earnings results reflect a strong AUM balance, along with an increase in revenues. However, elevated expenses act as spoilsports.
Lazard (LAZ) Dips 1% Despite Surpassing Q1 Earnings Estimates
Lazard's (LAZ) Q1 earnings results reflect a strong AUM balance, along with an increase in revenues. However, elevated expenses act as spoilsports.
04/25 13:29 EST - seekingalpha.com
Lazard, Inc. (LAZ) Q1 2024 Earnings Call Transcript
Lazard, Inc. (NYSE:LAZ ) Q1 2024 Earnings Conference Call April 25, 2024 8:00 AM ET Company Participants Alexandra Deignan - Head of Investor Relations, Treasury & Corporate Sustainability Peter Orszag - Chief Executive Officer Mary Ann Betsch - Chief Financial Officer Evan Russo - Chief Executive Officer, Asset Management Conference Call Participants Brendan O'Brien - Wolfe Research Brennan Hawken - UBS James Yaro - Goldman Sachs Devin Ryan - JMP Securities Ryan Kenny - Morgan Stanley Operator Good morning and welcome to Lazard's First Quarter 2024 Earnings Conference Call. This call is being recorded.
Lazard, Inc. (LAZ) Q1 2024 Earnings Call Transcript
Lazard, Inc. (NYSE:LAZ ) Q1 2024 Earnings Conference Call April 25, 2024 8:00 AM ET Company Participants Alexandra Deignan - Head of Investor Relations, Treasury & Corporate Sustainability Peter Orszag - Chief Executive Officer Mary Ann Betsch - Chief Financial Officer Evan Russo - Chief Executive Officer, Asset Management Conference Call Participants Brendan O'Brien - Wolfe Research Brennan Hawken - UBS James Yaro - Goldman Sachs Devin Ryan - JMP Securities Ryan Kenny - Morgan Stanley Operator Good morning and welcome to Lazard's First Quarter 2024 Earnings Conference Call. This call is being recorded.
04/25 10:36 EST - zacks.com
Compared to Estimates, Lazard (LAZ) Q1 Earnings: A Look at Key Metrics
The headline numbers for Lazard (LAZ) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Lazard (LAZ) Q1 Earnings: A Look at Key Metrics
The headline numbers for Lazard (LAZ) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
04/25 08:41 EST - zacks.com
Lazard (LAZ) Surpasses Q1 Earnings and Revenue Estimates
Lazard (LAZ) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to loss of $0.26 per share a year ago.
Lazard (LAZ) Surpasses Q1 Earnings and Revenue Estimates
Lazard (LAZ) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to loss of $0.26 per share a year ago.
04/25 06:38 EST - reuters.com
Lazard posts first-quarter profit on jump in assets
Lazard reported a first-quarter profit on Thursday, compared with a loss a year earlier, buoyed by a growth in assets at the boutique investment bank.
Lazard posts first-quarter profit on jump in assets
Lazard reported a first-quarter profit on Thursday, compared with a loss a year earlier, buoyed by a growth in assets at the boutique investment bank.
04/25 06:30 EST - businesswire.com
Lazard Reports First-Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $765 million and adjusted net revenue1 of $747 million for the quarter ended March 31, 2024. On a U.S. GAAP basis, first-quarter 2024 net income was $36 million or $0.35 per share, diluted. Adjusted net income2 was $67 million, or $0.66 per share, diluted, for the quarter. “Lazard's record first-quarter revenue reflects an improving M&A environment and reinforces our outlook for a productive year ahead, as we.
Lazard Reports First-Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $765 million and adjusted net revenue1 of $747 million for the quarter ended March 31, 2024. On a U.S. GAAP basis, first-quarter 2024 net income was $36 million or $0.35 per share, diluted. Adjusted net income2 was $67 million, or $0.66 per share, diluted, for the quarter. “Lazard's record first-quarter revenue reflects an improving M&A environment and reinforces our outlook for a productive year ahead, as we.
04/24 16:15 EST - businesswire.com
Lazard Declares Quarterly Dividend of $0.50 Per Share
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on May 17, 2024, to stockholders of record on May 6, 2024. About Lazard Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides adv.
Lazard Declares Quarterly Dividend of $0.50 Per Share
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on May 17, 2024, to stockholders of record on May 6, 2024. About Lazard Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides adv.
04/18 11:07 EST - zacks.com
Lazard (LAZ) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Lazard (LAZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lazard (LAZ) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Lazard (LAZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
04/18 00:00 EST - businesswire.com
Lazard and Elaia Partners Form Strategic Partnership, Including the Launch of Lazard Elaia Capital, a Technology Focused Private Equity Investment Platform
PARIS--(BUSINESS WIRE)--Lazard, a global leader in active asset management, and Elaia Partners, an established European venture capital firm, signed a strategic partnership agreement to create a leading European player focused on investment in technology companies, supporting them at all stages of their development, from seed to their listing on public markets. This follows the announcement on December 2023 of exclusive negotiations between Lazard and Elaia Partners. The partnership involves th.
Lazard and Elaia Partners Form Strategic Partnership, Including the Launch of Lazard Elaia Capital, a Technology Focused Private Equity Investment Platform
PARIS--(BUSINESS WIRE)--Lazard, a global leader in active asset management, and Elaia Partners, an established European venture capital firm, signed a strategic partnership agreement to create a leading European player focused on investment in technology companies, supporting them at all stages of their development, from seed to their listing on public markets. This follows the announcement on December 2023 of exclusive negotiations between Lazard and Elaia Partners. The partnership involves th.
04/12 08:00 EST - businesswire.com
Lazard to Announce First Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its first quarter 2024 financial results in a press release to be issued Thursday morning, April 25, 2024. The press release will be available in the News & Announcements section of Lazard's website at www.lazard.com. Lazard will host a conference call at 8:00 a.m. EDT on April 25, 2024, to discuss the company's financial results for the first quarter 2024. The conference call can be accessed via a live audio webcast availabl.
Lazard to Announce First Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its first quarter 2024 financial results in a press release to be issued Thursday morning, April 25, 2024. The press release will be available in the News & Announcements section of Lazard's website at www.lazard.com. Lazard will host a conference call at 8:00 a.m. EDT on April 25, 2024, to discuss the company's financial results for the first quarter 2024. The conference call can be accessed via a live audio webcast availabl.