LAZ - Lazard Ltd

NYSE - NYSE Delayed Price. Currency in USD
36.50
+0.02 (+0.05%)
At close: 4:01PM EST

36.50 0.00 (0.00%)
After hours: 5:10PM EST

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Previous Close36.48
Open36.54
Bid35.56 x 1200
Ask0.00 x 1300
Day's Range36.41 - 36.78
52 Week Range33.54 - 57.37
Volume1,497,815
Avg. Volume1,005,701
Market Cap4.31B
Beta (3Y Monthly)1.49
PE Ratio (TTM)8.99
EPS (TTM)4.06
Earnings DateApr 24, 2019 - Apr 29, 2019
Forward Dividend & Yield1.76 (4.76%)
Ex-Dividend Date2019-02-14
1y Target Est45.63
Trade prices are not sourced from all markets
  • Business Wire3 days ago

    Lazard World Dividend & Income Fund Announces Tender Offer in Connection with Its Proposed Reorganization into Lazard Global Total Return and Income Fund

    Lazard World Dividend & Income Fund, Inc. (LOR) today announced that its Board of Directors has approved a conditional one-time tender offer to acquire, in exchange for cash, up to 20% of LOR's outstanding shares of common stock at a price equal to 98% of LOR's net asset value ("NAV") per share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the day the offer expires (the "Offer"). The Offer is conditioned upon the prior approval by stockholders of each of LOR and Lazard Global Total Return and Income Fund, Inc. (LGI) (together with LOR, the "Funds") of the proposed reorganization of LOR into LGI (the "Reorganization"), which was announced publicly by press release dated November 13, 2018.

  • Business Wire3 days ago

    CORRECTING and REPLACING Lazard World Dividend & Income Fund Monthly Distribution Declaration and Announcement of 2019 Annual Meeting of Stockholders

    In the press release titled, “Lazard World Dividend & Income Fund Monthly Distribution Declaration and Announcement of 2019 Annual Meeting of Stockholders,” issued on Friday, February 15, 2019 the assets under management figure for the Lazard Group in the last paragraph was incorrect. The Board of Directors of Lazard World Dividend & Income Fund, Inc. (the “Fund”) (LOR) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.05799 per share on the Fund’s outstanding common stock.

  • Business Wire3 days ago

    CORRECTING and REPLACING Lazard Global Total Return and Income Fund Monthly Distribution Declaration and Announcement of 2019 Annual Meeting of Stockholders

    In the press release titled, “Lazard Global Total Return and Income Fund Monthly Distribution Declaration and Announcement of 2019 Annual Meeting of Stockholders,” issued on Friday, February 15, 2019 the assets under management figure for the Lazard Group in the last paragraph was incorrect.

  • Business Wire7 days ago

    Lazard Global Total Return and Income Fund Monthly Distribution Declaration and Announcement of 2019 Annual Meeting of Stockholders

    The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.08879 per share on the Fund’s outstanding common stock. Portfolio data as of January 31, 2019, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Management’s (“LAM”) website, www.LazardAssetManagement.com. Additionally, any notices required by Section 19(a) of the Investment Company Act of 1940, as amended, which provide information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short- and long-term) and return of capital, will also be available on www.LazardAssetManagement.com.

  • Business Wire7 days ago

    Lazard World Dividend & Income Fund Monthly Distribution Declaration and Announcement of 2019 Annual Meeting of Stockholders

    The Board of Directors of Lazard World Dividend & Income Fund, Inc. (the “Fund”) (LOR) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.05799 per share on the Fund’s outstanding common stock. Portfolio data as of January 31, 2019, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Management’s (“LAM”) website, www.LazardAssetManagement.com. The Fund's 2019 annual meeting of stockholders will be held on June 28, 2019.

  • Lazard Reports Sequential Rise in January AUM on Net Inflows
    Zacks9 days ago

    Lazard Reports Sequential Rise in January AUM on Net Inflows

    Lazard's (LAZ) assets under management increase in January, supported by favorable markets and foreign exchange movements.

  • Business Wire11 days ago

    Lazard Reports January 2019 Assets under Management

    Lazard Ltd reported today that its preliminary assets under management as of January 31, 2019 totaled approximately $230 billion. The month’s AUM included market appreciation of $12.7 billion; foreign exchange appreciation of $1.8 billion; and net inflows of $0.7 billion.

  • Thomson Reuters StreetEvents16 days ago

    Edited Transcript of LAZ earnings conference call or presentation 5-Feb-19 1:00pm GMT

    Q4 2018 Lazard Ltd Earnings Call

  • Lazard's (LAZ) Q4 Earnings Beat Estimates, Revenues Up Y/Y
    Zacks17 days ago

    Lazard's (LAZ) Q4 Earnings Beat Estimates, Revenues Up Y/Y

    Lazard's (LAZ) fourth-quarter 2018 results reflect solid top-line performance, offset by lower assets under management (AUM) and escalated expenses.

  • Is Now The Time To Look At Buying Lazard Ltd (NYSE:LAZ)?
    Simply Wall St.17 days ago

    Is Now The Time To Look At Buying Lazard Ltd (NYSE:LAZ)?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Lazard Ltd (NYSE:LAZ), which is in the Read More...

  • Lazard Ltd (LAZ) Q4 2018 Earnings Conference Call Transcript
    Motley Fool17 days ago

    Lazard Ltd (LAZ) Q4 2018 Earnings Conference Call Transcript

    LAZ earnings call for the period ending December 31, 2018.

  • Lazard CEO Expects Continued Slowdown for Mergers in China, U.K.
    Bloomberg18 days ago

    Lazard CEO Expects Continued Slowdown for Mergers in China, U.K.

    “Until we see some resolution to the trade talks with China, we’re going to see hesitancy,” Jacobs said Tuesday in a telephone interview after the company announced fourth-quarter results. Lazard posted record results for business tied to M&A, following rivals such as Evercore Inc. that have been benefiting from a multiyear boom in dealmaking. Jacobs’s team advised on transactions including Cigna Corp.’s roughly $67 billion acquisition of Express Scripts Holding Co., which was completed in the fourth quarter, and IBM’s $33 billion agreement to buy Red Hat Inc., the world’s second-largest technology deal ever.

  • Reuters18 days ago

    Lazard reports 20 pct fall in adjusted profit

    Financial adviser Lazard Ltd reported a 20 percent fall in adjusted quarterly profit on Tuesday, as the company's assets under management dropped following a market selloff due to geopolitical uncertainties. ...

  • Business Wire18 days ago

    Lazard Ltd Reports Full-Year and Fourth-Quarter 2018 Results

    Record annual operating revenue of $2.75 billion, up 4% from prior year

  • Business Wire18 days ago

    Lazard Declares Dividends of $0.94 Per Share

    Lazard Ltd today announced that its Board of Directors has voted to declare dividends totaling $0.94 per share, comprised of a quarterly dividend of $0.44 per share and an extra cash dividend of $0.50 per share, on its outstanding Class A common stock.

  • Business Wire18 days ago

    Lazard to Add Explainable Artificial Intelligence (XAI) Capability

    Lazard Ltd (LAZ) today announced the expansion of Lazard Asset Management’s alternative investments platform with the addition of a new team, headed by Shaunak Khire and Trevor Mottl, that utilizes explainable artificial intelligence (XAI) as a building block for a transparent “glass box” artificial intelligence investing capability. Before accepting this new role, Mr. Khire co-founded an artificial intelligence company, in 2016.

  • Markit25 days ago

    See what the IHS Markit Score report has to say about Lazard Ltd.

    # Lazard Ltd ### NYSE:LAZ View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for LAZ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LAZ. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LAZ totaled $417 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • The Wall Street Journal26 days ago

    [$$] Lazard Names Sustainable Investment Heads

    Ltd.’s (LAZ) Lazard Asset Management LLC unit on Monday said it named Jennifer Anderson and Nikita Singhal co-heads of sustainable investment and environmental, social and governance, or ESG. Lazard said Ms. Anderson, who will be based in London, has served as a director for the Institutional Investors Group on Climate Change since 2015.

  • Reuters26 days ago

    MOVES-Lazard Asset Management appoints new sustainable investment, ESG co-heads

    Lazard Asset Management LLC , an indirect subsidiary of financial adviser Lazard Ltd, said on Monday it appointed two co-heads for the sustainable investment and environmental, social and governance divisions ...

  • Business Wire26 days ago

    Lazard Asset Management Appoints Co-Heads of Sustainable Investment and ESG

    Lazard Asset Management LLC (“LAM”) today announced that Jennifer Anderson and Nikita Singhal have joined the firm as Co-Heads of Sustainable Investment and ESG (environmental, social and governance). “Our investment teams have been focused on evaluating ESG characteristics of investments for more than a decade,” said Ashish Bhutani, CEO of LAM.

  • Business Wirelast month

    Alejandro Capote Joins Lazard as a Managing Director and Head of Financial Advisory, Mexico

    Lazard Ltd announced today that Alejandro Capote has joined the firm as a Managing Director and head of Lazard’s Mexico Financial Advisory business. He is based in Lazard’s Mexico City office, where he will work closely with Jerónimo Gerard Rivero, a Lazard Senior Advisor.

  • Business Wirelast month

    Lazard to Announce Full-Year and Fourth-Quarter 2018 Results

    Lazard Ltd will announce its full-year and fourth-quarter 2018 results in a press release to be issued Tuesday morning, February 5, 2019.

  • Business Wirelast month

    Lazard Global Total Return and Income Fund Declares Monthly Distribution

    The Board of Directors of Lazard Global Total Return and Income Fund, Inc. has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.08879 per share on the Fund’s outstanding common stock.

  • Business Wirelast month

    Lazard World Dividend & Income Fund Declares Monthly Distribution

    The Board of Directors of Lazard World Dividend & Income Fund, Inc. has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.05799 per share on the Fund’s outstanding common stock.