LAZ Stock Overview
Operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
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Lazard, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$52.04 |
| 52 Week High | US$61.14 |
| 52 Week Low | US$34.25 |
| Beta | 1.37 |
| 1 Month Change | -9.81% |
| 3 Month Change | 3.07% |
| 1 Year Change | 50.58% |
| 3 Year Change | 18.30% |
| 5 Year Change | 31.58% |
| Change since IPO | 116.83% |
Recent News & Updates
Lazard, Inc.'s (NYSE:LAZ) Shares Bounce 26% But Its Business Still Trails The Industry
Nov 07
Lazard: Aggressive Hiring Means Peer-Leading Growth
Nov 01Recent updates
Lazard, Inc.'s (NYSE:LAZ) Shares Bounce 26% But Its Business Still Trails The Industry
Nov 07Lazard: Aggressive Hiring Means Peer-Leading Growth
Nov 01Lazard: Still Decent Value
Aug 08Even With A 33% Surge, Cautious Investors Are Not Rewarding Lazard, Inc.'s (NYSE:LAZ) Performance Completely
Jul 26Investors Continue Waiting On Sidelines For Lazard, Inc. (NYSE:LAZ)
Jun 05Lazard: Liability Management Pickup, Markets Equilibrating
May 17Lazard (NYSE:LAZ) Is Paying Out A Dividend Of $0.50
Apr 30Lazard: 5% Dividend Yield And Expected Growth Driven By Rebound In M&A And Equity Markets
Feb 18Lazard (NYSE:LAZ) Is Due To Pay A Dividend Of $0.50
Feb 06Many Still Looking Away From Lazard, Inc. (NYSE:LAZ)
Jan 05Shareholder Returns
| LAZ | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -1.8% | -4.1% | -2.4% |
| 1Y | 50.6% | 32.4% | 23.4% |
Return vs Industry: LAZ exceeded the US Capital Markets industry which returned 32.3% over the past year.
Return vs Market: LAZ exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| LAZ volatility | |
|---|---|
| LAZ Average Weekly Movement | 6.0% |
| Capital Markets Industry Average Movement | 4.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: LAZ has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: LAZ's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1848 | 3,249 | Peter Orszag | www.lazard.com |
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.
Lazard, Inc. Fundamentals Summary
| LAZ fundamental statistics | |
|---|---|
| Market cap | US$4.71b |
| Earnings (TTM) | US$250.91m |
| Revenue (TTM) | US$3.05b |
18.8x
P/E Ratio1.5x
P/S RatioIs LAZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LAZ income statement (TTM) | |
|---|---|
| Revenue | US$3.05b |
| Cost of Revenue | US$292.01m |
| Gross Profit | US$2.76b |
| Other Expenses | US$2.50b |
| Earnings | US$250.91m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.77 |
| Gross Margin | 90.42% |
| Net Profit Margin | 8.23% |
| Debt/Equity Ratio | 280.7% |
How did LAZ perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield73%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lazard, Inc. is covered by 25 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| Michael Needham | BofA Global Research |
| James Mitchell | Buckingham Research Group Inc. |