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Lazard, Inc. (LAZ)

37.91 +0.08 (+0.21%)
At close: 4:00 PM EDT
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DELL
  • Previous Close 37.83
  • Open 37.94
  • Bid --
  • Ask --
  • Day's Range 37.65 - 38.32
  • 52 Week Range 25.82 - 42.24
  • Volume 796,296
  • Avg. Volume 1,145,987
  • Market Cap (intraday) 3.314B
  • Beta (5Y Monthly) 1.46
  • PE Ratio (TTM) --
  • EPS (TTM) -0.90
  • Earnings Date Jan 31, 2024 - Feb 5, 2024
  • Forward Dividend & Yield 2.00 (5.29%)
  • Ex-Dividend Date Feb 9, 2024
  • 1y Target Est 49.00

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.com

3,291

Full Time Employees

December 31

Fiscal Year Ends

Recent News: LAZ

Performance Overview: LAZ

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LAZ
10.35%
S&P 500
4.14%

1-Year Return

LAZ
16.83%
S&P 500
19.55%

3-Year Return

LAZ
1.61%
S&P 500
18.68%

5-Year Return

LAZ
29.11%
S&P 500
70.99%

Compare To: LAZ

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: LAZ

Valuation Measures

As of 4/19/2024
  • Market Cap

    3.31B

  • Enterprise Value

    4.29B

  • Trailing P/E

    --

  • Forward P/E

    12.41

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.32

  • Price/Book (mrq)

    7.80

  • Enterprise Value/Revenue

    1.68

  • Enterprise Value/EBITDA

    104.93

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -2.99%

  • Return on Assets (ttm)

    -1.09%

  • Return on Equity (ttm)

    -6.27%

  • Revenue (ttm)

    2.52B

  • Net Income Avi to Common (ttm)

    -79.92M

  • Diluted EPS (ttm)

    -0.90

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    974.11M

  • Total Debt/Equity (mrq)

    446.43%

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: LAZ

Analyst Price Targets

39.00
49.00 Average
37.91 Current
58.00 High
 

Fair Value

Overvalued
% Return
37.91 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: LAZ

  • Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover

    In this edition, European interest-rate cuts on the horizon; firm opportunities among drug and biopharma firms; and reports Tesla's affordable vehicle will be canceled; and Lazard, PVH, and Genmab.

     
  • Analyst Report: Lazard, Inc.

    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.

    Rating
    Bullish
    Price Target
     
  • The Argus Mid-Cap Model Portfolio

    Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.

     
  • Daily – Vickers Top Buyers & Sellers for 03/14/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     

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