LAZ Stock Price, Lazard Ltd Quote, Chart

Market Summary

USD39.51+0.74

Market Closed

1.91%

LAZ Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

LAZ Stock Price

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LAZ RSI Chart

LAZ Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

-249.09

Price/Sales (Trailing)

1.55

Price/Free Cashflow

9.59

LAZ Price/Sales (Trailing)

LAZ Profitability

Return on Equity

-4.47%

Return on Assets

-0.38%

Free Cashflow Yield

10.43%

LAZ Fundamentals

LAZ Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

39.79%

Rev. Growth (Qtr)

-4.88%

LAZ Earnings

Earnings (TTM)

-17.6M

Earnings Growth (Yr)

261.26%

Earnings Growth (Qtr)

-43.75%

Breaking Down LAZ Revenue

Last 7 days

-2.6%

Last 30 days

1.0%

Last 90 days

4.4%

Trailing 12 Months

35.3%

How does LAZ drawdown profile look like?

LAZ Financial Health

Debt/Equity

4.71

Debt/Cashflow

0.26

LAZ Investor Care

Dividend Yield

5.16%

Dividend/Share (TTM)

2

Diluted EPS (TTM)

-0.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.8B	0	0	0
2023	2.7B	2.7B	2.5B	2.6B
2022	3.3B	3.1B	3.1B	2.9B
2021	2.8B	3.0B	3.2B	3.3B
2020	2.6B	2.5B	2.5B	2.6B
2019	2.8B	2.7B	2.6B	2.7B
2018	2.8B	2.9B	2.9B	2.9B
2017	2.5B	2.7B	2.7B	2.7B
2016	2.3B	2.2B	2.3B	2.4B
2015	2.4B	2.4B	2.4B	2.4B
2014	2.2B	2.3B	2.3B	2.4B
2013	1.9B	2.0B	2.0B	2.1B
2012	2.0B	1.9B	1.9B	2.0B
2011	2.0B	2.1B	2.1B	1.9B
2010	1.8B	1.9B	1.9B	2.0B
2009	0	1.7B	1.7B	1.6B
2008	0	0	0	1.7B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Lazard Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	russo evan l	sold	-2,951,250	39.35	-75,000	ceo of asset management
Mar 11, 2024	russo evan l	acquired	-	-	168,539	ceo of asset management
Mar 11, 2024	orszag peter richard	acquired	-	-	77,781	chief executive officer
Mar 11, 2024	jacobs kenneth m	back to issuer	-6,272,000	39.2	-160,000	-
Mar 11, 2024	russo evan l	back to issuer	-2,940,000	39.2	-75,000	ceo of asset management
Mar 11, 2024	orszag peter richard	back to issuer	-1,960,000	39.2	-50,000	chief executive officer
Mar 11, 2024	jacobs kenneth m	acquired	-	-	321,025	-
Mar 01, 2024	soto alexandra	sold (taxes)	-1,376,730	38.54	-35,722	chief operating officer
Mar 01, 2024	soto alexandra	acquired	-	-	76,003	chief operating officer
Feb 21, 2024	gathy michael	sold	-710	37.3768	-19.00	chief accounting officer

Which funds bought or sold LAZ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 13, 2024	AMERICAN INTERNATIONAL GROUP, INC.	sold off	-100	-31,320	-	-%
May 10, 2024	LPL Financial LLC	sold off	-100	-594,694	-	-%
May 10, 2024	MACKENZIE FINANCIAL CORP	sold off	-100	-2,670,410	-	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	sold off	-100	-2,281,700	-	-%
May 10, 2024	INTECH INVESTMENT MANAGEMENT LLC	sold off	-100	-382,696	-	-%
May 10, 2024	GROUP ONE TRADING, L.P.	sold off	-100	-26,378	-	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	sold off	-100	-14,461,000	-	-%
May 10, 2024	JPMORGAN CHASE & CO	sold off	-100	-12,046,300	-	-%
May 10, 2024	Mitsubishi UFJ Trust & Banking Corp	sold off	-100	-1,134,760	-	-%
May 10, 2024	PEAPACK GLADSTONE FINANCIAL CORP	sold off	-100	-338,000	-	-%

Are Funds Buying or Selling LAZ?

Are funds buying LAZ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LAZ

No. of Funds

Unveiling Lazard Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	ariel investments, llc	6.0%	6,771,311	SC 13G/A
Feb 13, 2024	vanguard group inc	9.33%	10,525,508	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 14, 2023	ariel investments, llc	7.2%	7,706,182	SC 13G/A
Feb 14, 2023	southeastern asset management inc/tn/	0.0%	2,553,138	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	9.06%	10,218,994	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	2.9%	3,378,916	SC 13G/A
Feb 14, 2022	southeastern asset management inc/tn/	0.0%	5,779,872	SC 13G
Feb 14, 2022	ariel investments, llc	7.2%	8,120,571	SC 13G/A

Recent SEC filings of Lazard Ltd

View All Filings

Date Filed	Form Type	Document
May 13, 2024	8-K	Current Report
Apr 26, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 03, 2024	DEFA14A	DEFA14A
Mar 21, 2024	ARS	ARS
Mar 21, 2024	DEF 14A	DEF 14A
Mar 21, 2024	DEFA14A	DEFA14A
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	8-K	Current Report
Mar 13, 2024	4	Insider Trading

Peers (Alternatives to Lazard Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	146.3B	67.8B	16.49%	42.00%	15.54	2.16	66.36%	-10.82%
ICE	76.7B	9.7B	0.16%	23.18%	30.94	7.89	0.75%	71.75%
CME	75.4B	5.7B	0.21%	13.51%	23.38	13.31	-1.46%	19.89%
COIN	48.4B	4.0B	-18.82%	247.94%	35.88	12.19	41.89%	159.36%
FDS	16.8B	2.2B	3.29%	10.52%	34.3	7.79	7.26%	9.28%
IBKR	12.9B	6.1B	8.93%	58.70%	4.43	2.12	64.44%	33.59%
MID-CAP
JEF	9.8B	8.2B	10.07%	55.39%	33.71	1.19	17.04%	-68.59%
HLI	8.7B	1.8B	8.77%	53.33%	33.75	4.75	0.16%	-0.33%
EVR	7.5B	2.5B	2.57%	84.83%	29.21	3.07	-6.73%	-35.85%
FRHC	4.1B	1.4B	3.03%	-14.01%	12.32	2.95	96.15%	398.80%
CLSK	3.5B	283.6M	4.71%	263.32%	55.76	12.49	122.34%	153.34%
SMALL-CAP
DFIN	1.8B	802.0M	-0.45%	40.45%	18.19	2.26	-2.34%	8.49%
AMRK	849.9M	10.3B	-8.66%	-0.51%	10.67	0.08	24.66%	-47.53%
COHN	17.4M	92.7M	33.88%	37.91%	2.81	0.19	72.05%	185.64%
AAMC	7.8M	3.2M	-19.00%	-96.01%	-0.24	2.48	-44.67%	-104.26%

Lazard Ltd News

Latest updates

Lazard Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-4.9%	785	826	543	662	562	732	746	661	716	1,013	738	843	680	898	598	592	558	743	611	651	662
Costs and Expenses	-3.3%	710	734	529	753	579	639	569	514	535	724	562	657	526	661	473	476	454	602	539	529	524
Interest Expenses	5.0%	21.00	20.00	19.00	19.00	19.00	19.00	20.00	21.00	21.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	22.00	20.00	20.00	18.00
Income Taxes	3457.6%	14.00	0.00	-11.63	10.00	-21.72	16.00	35.00	34.00	39.00	57.00	39.00	41.00	43.00	23.00	28.00	23.00	26.00	39.00	4.00	28.00	23.00
Net Income	-43.8%	36.00	64.00	7.00	-124	-22.17	42.00	106	95.00	114	210	107	123	87.00	190	75.00	73.00	64.00	77.00	47.00	66.00	97.00
Net Income Margin	78.6%	-0.01*	-0.03*	-0.04*	0.00*	0.08*	0.13*	0.17*	0.17*	0.17*	0.16*	0.16*	0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	-129.0%	-96.60	333	26.00	194	-416	290	429	292	-227	438	390	129	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.1%	4,587	4,636	4,296	4,603	4,568	5,853	6,208	6,712	6,848	7,147	6,727	6,407	6,210	5,972	5,467	5,312	5,095	5,640	5,552	5,507	5,499
Cash Equivalents	-4.9%	923	971	653	698	597	1,235	1,000	907	878	1,465	1,185	980	975	0.00	1,110	897	793	3.00	959	919	1,011
Net PPE	-2.1%	228	233	230	237	246	250	219	232	249	250	248	252	251	258	233	229	220	220	217	206	210
Liabilities	-0.4%	4,050	4,066	3,794	4,103	3,970	4,594	4,952	5,309	5,304	5,494	5,174	4,900	4,768	4,972	4,688	4,628	4,536	4,958	4,866	4,790	4,728
Long Term Debt	9.5%	1,851	1,690	1,690	1,689	1,688	1,688	1,687	1,686	1,686	1,685	1,685	1,684	1,683	1,683	1,681	1,681	1,680	1,680	1,679	1,678	1,759
Shareholder's Equity	-7.3%	393	424	361	416	508	675	677	827	970	1,078	978	932	867	999	779	684	560	682	686	718	771
Retained Earnings	-1.3%	1,385	1,403	1,389	1,431	1,605	1,677	1,682	1,628	1,583	1,561	1,402	1,348	1,279	1,295	1,160	1,140	1,119	1,194	1,168	1,180	1,172
Additional Paid-In Capital	-45.6%	135	247	203	168	94.00	168	127	72.00	-	145	110	58.00	-	135	95.00	52.00	-	41.00	682	582	536
Accumulated Depreciation	1.2%	420	415	406	404	402	395	370	372	373	368	363	409	399	402	398	382	370	368	352	351	343
Shares Outstanding	2.5%	91.00	89.00	89.00	88.00	88.00	96.00	93.00	99.00	103	106	105	107	-	-	-	-	-	-	-	-	-
Minority Interest	-4.5%	56.00	58.00	58.00	56.00	57.00	119	117	111	120	103	100	105	102	88.00	85.00	83.00	73.00	72.00	73.00	99.00	70.00
Float	-	-	-	-	2,678	-	-	-	2,987	-	-	-	4,611	-	-	-	2,946	-	-	-	3,646	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-126.3%	-89.99	342	33.00	201	-411	314	435	299	-213	453	398	138	-123	321	256	156	-155	360	236	244	-161
Cashflow From Investing	23.7%	-6.61	-8.65	-7.26	-7.28	-15.13	-24.22	-12.73	-5.98	-13.51	-14.46	-7.82	-9.90	-6.87	-28.88	-9.30	-12.82	-11.94	-1.68	-22.59	-12.18	-5.80
Cashflow From Financing	165.5%	98.00	-150	-176	-171	-1,072	-781	-538	-42.93	-19.24	-125	120	-43.70	245	-162	-70.46	-3.78	-310	-255	-101	-180	94.00
Dividend Payments	0.0%	44.00	44.00	43.00	43.00	43.00	43.00	46.00	46.00	47.00	48.00	49.00	50.00	49.00	49.00	49.00	49.00	49.00	49.00	50.00	52.00	103
Buy Backs	-	22.00	-	3.00	0.00	99.00	80.00	237	199	176	120	52.00	111	123	-	-	-	95.00	64.00	79.00	160	192

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LAZ Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUE
Interest income	$ 11,471	$ 12,607
Other	44,134	10,417
Total revenue	785,481	561,911
Interest expense	20,728	19,475
Net revenue	764,753	542,436
OPERATING EXPENSES
Compensation and benefits	550,824	449,967
Occupancy and equipment	32,857	31,773
Marketing and business development	23,599	22,762
Technology and information services	44,917	44,040
Professional services	19,880	24,326
Fund administration and outsourced services	26,140	26,576
Amortization and other acquisition-related costs	68	48
Benefit pursuant to tax receivable agreement	0	(40,435)
Other	11,907	20,303
Total operating expenses	710,192	579,360
OPERATING INCOME (LOSS)	54,561	(36,924)
Provision (benefit) for income taxes	14,337	(21,725)
NET INCOME (LOSS)	40,224	(15,199)
LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	4,469	6,973
NET INCOME (LOSS) ATTRIBUTABLE TO LAZARD	$ 35,755	$ (22,172)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic (in shares)	91,260,465	87,591,852
Diluted (in shares)	99,351,769	87,591,852
NET INCOME (LOSS) PER SHARE OF COMMON STOCK:
Basic (in USD per share)	$ 0.38	$ (0.27)
Diluted (in USD per share)	$ 0.35	$ (0.27)
Investment banking and other advisory fees
REVENUE
Revenue	$ 453,027	$ 277,408
Asset management fees
REVENUE
Revenue	$ 276,849	$ 261,479

About Lazard Ltd

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and 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 Ltd was founded in 1848 and is based in Hamilton, Bermuda.

CEO	Mr. Kenneth Marc Jacobs
WEBSITE	lazard.com
INDUSTRY	Mortgage Finance
EMPLOYEES	3321

Lazard Ltd Frequently Asked Questions

What is the ticker symbol for Lazard Ltd? What does LAZ stand for in stocks?

LAZ is the stock ticker symbol of Lazard Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lazard Ltd (LAZ)?

As of Mon May 13 2024, market cap of Lazard Ltd is 4.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LAZ stock?

You can check LAZ's fair value in chart for subscribers.

What is the fair value of LAZ stock?

You can check LAZ's fair value in chart for subscribers. The fair value of Lazard Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lazard Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LAZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lazard Ltd a good stock to buy?

The fair value guage provides a quick view whether LAZ is over valued or under valued. Whether Lazard Ltd is cheap or expensive depends on the assumptions which impact Lazard Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LAZ.

What is Lazard Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, LAZ's PE ratio (Price to Earnings) is -249.09 and Price to Sales (PS) ratio is 1.55. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LAZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lazard Ltd's stock?

In the past 10 years, Lazard Ltd has provided 0.024 (multiply by 100 for percentage) rate of return.