- Previous Close
54.95 - Open
55.47 - Bid 56.87 x 1200
- Ask 56.93 x 800
- Day's Range
55.68 - 57.06 - 52 Week Range
27.14 - 61.14 - Volume
407,258 - Avg. Volume
689,292 - Market Cap (intraday)
5.158B - Beta (5Y Monthly) 1.36
- PE Ratio (TTM)
22.10 - EPS (TTM)
2.58 - Earnings Date Jan 30, 2025 - Feb 3, 2025
- Forward Dividend & Yield 2.00 (3.64%)
- Ex-Dividend Date Nov 8, 2024
- 1y Target Est
58.12
Lazard, Inc., together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation 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, Inc. was incorporated in 1848 and is headquartered in New York, New York.
www.lazard.com3,249
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: LAZ
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Performance Overview: LAZ
Trailing total returns as of 11/21/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: LAZ
View MoreValuation Measures
Market Cap
4.97B
Enterprise Value
5.87B
Trailing P/E
21.30
Forward P/E
13.64
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.76
Price/Book (mrq)
7.96
Enterprise Value/Revenue
1.90
Enterprise Value/EBITDA
12.35
Financial Highlights
Profitability and Income Statement
Profit Margin
8.44%
Return on Assets (ttm)
6.14%
Return on Equity (ttm)
44.23%
Revenue (ttm)
3.05B
Net Income Avi to Common (ttm)
250.91M
Diluted EPS (ttm)
2.58
Balance Sheet and Cash Flow
Total Cash (mrq)
1.17B
Total Debt/Equity (mrq)
348.93%
Levered Free Cash Flow (ttm)
--
Research Analysis: LAZ
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Research Reports: LAZ
View MoreRepublican Win Largely Positive for Capital Markets and Investment-Services Firms
Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.
RatingPrice TargetLazard Earnings: Relatively Strong Results; Potentially Lower Compensation Ratio a Surprise
Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.
RatingPrice TargetRaising target to $64 as a rebound in financial advisory continues
Lazard Ltd., one of the world's leading financial advisory and asset management firms, provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments, and individuals.
RatingPrice TargetStocks are solidly higher Friday morning, led by good earnings from various
Stocks are solidly higher Friday morning, led by good earnings from various companies (with Amazon and Intel leading the charge) as well as a jobs report that is being broadly interpreted as meaning that Fed will indeed cut interest rates further next week. Traders may finally be starting to look ahead, positioning themselves for a world in which the name of the next U.S. president will be known, the economy will remain on solid footing, interest rates will continue to head lower, and inflation will finally hit the magic 2% level.