Lazard Ltd (LAZ)
| Market Cap | 3.40B |
| Revenue (ttm) | 2.74B |
| Net Income (ttm) | -17.55M |
| Shares Out | 87.41M |
| EPS (ttm) | -0.30 |
| PE Ratio | n/a |
| Forward PE | 13.71 |
| Dividend | $2.00 (5.14%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 27,610 |
| Open | 39.05 |
| Previous Close | 38.95 |
| Day's Range | 38.50 - 39.05 |
| 52-Week Range | 25.82 - 42.24 |
| Beta | 1.46 |
| Analysts | Hold |
| Price Target | 46.43 (+19.24%) |
| Earnings Date | Apr 25, 2024 |
About LAZ
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. Th... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for LAZ stock is "Hold." The 12-month stock price forecast is $46.43, which is an increase of 19.24% from the latest price.
News
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 inclu...
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 comp...
Lazard Welcomes Michele Colocci as Vice Chairman, Investment Banking and Managing Director, Healthcare
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced Michele Colocci is joining the firm on 3rd June 2024 as Vice Chairman, Investment Banking and Managing Director, Healthcare. Based i...
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 Tel...
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 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, fir...
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 divide...
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 leadi...
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 a...
Lazard Reports March 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2024 totaled approximately $250.4 billion. The month's AUM inclu...
Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines
Mark McMaster, Lazard's global head of M&A, discusses the outlook for M&A activity in 2024 and says big deals can still get done despite antitrust scrutiny. He speaks with Sonali Basak on Bloomberg Te...
Lazard CEO Peter Orszag: Expect inflation to continue on a downward trajectory
Lazard CEO Peter Orszag joins 'Squawk Box' to discuss the Fed's interest rate decision this week, interest rate outlook, state of the economy, latest market trends, state of the M&A market, and more.
Threecolts Named to Prestigious Lazard T100 European Venture Growth Index
BROOKLYN, N.Y.--(BUSINESS WIRE)--Threecolts, the most comprehensive cloud business suite for consumer brands, announces its inclusion in the 2024 Lazard T100 European Venture Growth Index in the Enter...
Lazard Announces Results of Cash Tender Offer of Lazard Group LLC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today the expiration and final results of the previously announced cash tender offer (the “Tender Offer”) of its subsidiary Lazard Group L...
Lazard Announces Closing of Senior Notes Offering by Lazard Group LLC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) has completed its previously announced offering (the “Offering”) of $400,000,0...
Lazard Announces Total Consideration for Lazard Group LLC's Cash Tender Offer for Its 3.750% Senior Notes Due 2025
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today the Total Consideration as set forth in the table below in respect of the previously announced cash tender offer (the “Tender Offer”...
Investors shouldn't be expecting 'exuberant' growth this year, says Lazard's Ron Temple
Ron Temple, Lazard Financial Advisory and Asset Management chief market strategist, joins 'Squawk Box' to discuss the state of the economy, what to expect from February's CPI data, impact on the Fed's...
Lazard Reports February 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of February 29, 2024 totaled approximately $248.0 billion. The month's AUM in...
Lazard Announces Cash Tender Offer for 3.750% Senior Notes Due 2025 of Lazard Group LLC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) is commencing a cash tender offer (the “Tender Offer”) for any and all of its ...
Lazard Announces Commencement of Senior Notes Offering and Concurrent Tender Offer by Lazard Group LLC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) is commencing an offering (the “Offering”) of one or more series of its senior...
Lazard CEO: Fed is now motivated to keep rates higher for longer
Peter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Money Movers' to discuss if the latest CPI print changes what the Federal Reserve does this year, whether looser financia...
Lazard Reports January 2024 Assets Under Management
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of January 31, 2024 totaled approximately $243.8 billion. The month's AUM inc...
Lazard's fourth-quarter profit drops on higher expenses
Investment bank Lazard reported a 3% drop in fourth quarter profit on Thursday, hurt by higher expenses.
Lazard Reports Fourth-Quarter and Full-Year 2023 Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $806 million and operating revenue1 of $761 million for the quarter ended December 31, 2023. On a U.S. GAAP basis, fou...
Lazard Asset Management Names Tomohiro Kamisaku as CEO of Lazard Japan Asset Management KK
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) announced today that Tomohiro Kamisaku will join the firm as CEO of Lazard Japan Asset Management KK, effective February 1, 2024. Mr. Kamisaku ...