38.90 USD
-0.09
0.23%
At close Apr 30, 4:00 PM EDT
After hours
38.90
+0.00
0.00%
1 day
-0.23%
5 days
1.62%
1 month
-10.16%
3 months
-29.48%
6 months
-23.26%
Year to date
-23.33%
1 year
1.04%
5 years
41.45%
10 years
-26.65%
 

About: Lazard Inc has a storied history that can be traced back to 1848. The company's revenue is fairly evenly split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily driven by equities (over 80% of assets under management), has an international focus, and targets 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.

Employees: 3,263

0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

245% more call options, than puts

Call options by funds: $19.4M | Put options by funds: $5.61M

96% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 27

40% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 81

7% more funds holding

Funds holding: 270 [Q3] → 288 (+18) [Q4]

6% more capital invested

Capital invested by funds: $3.93B [Q3] → $4.17B (+$242M) [Q4]

2.73% more ownership

Funds ownership: 69.18% [Q3] → 71.92% (+2.73%) [Q4]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$33
15%
downside
Avg. target
$45
16%
upside
High target
$55
41%
upside

4 analyst ratings

positive
25%
neutral
50%
negative
25%
JMP Securities
Devin Ryan
67% 1-year accuracy
4 / 6 met price target
41%upside
$55
Market Outperform
Reiterated
28 Apr 2025
Wells Fargo
Michael Brown
39% 1-year accuracy
29 / 75 met price target
2%downside
$38
Equal-Weight
Maintained
8 Apr 2025
Morgan Stanley
Ryan Kenny
18% 1-year accuracy
4 / 22 met price target
15%downside
$33
Underweight
Downgraded
7 Apr 2025
UBS
Brennan Hawken
55% 1-year accuracy
18 / 33 met price target
39%upside
$54
Neutral
Maintained
3 Feb 2025

Financial journalist opinion

Based on 19 articles about LAZ published over the past 30 days

Positive
Zacks Investment Research
2 days ago
Lazard's Q1 Earnings Beat Estimates on Y/Y Lower Expenses, Stock Down
LAZ's first-quarter 2025 results top estimates on the back of lower operating expenses, partially offset by lower operating revenues and AUM.
Lazard's Q1 Earnings Beat Estimates on Y/Y Lower Expenses, Stock Down
Negative
Market Watch
5 days ago
Dealmaking remains uncertain, Lazard banker says: ‘We're not in normal times.'
Lazard Inc.'s stock retreated on Friday after the investment bank said that its deal backlog has grown but that an elevated level of economic uncertainty is making it difficult to predict how the second quarter will play out.
Dealmaking remains uncertain, Lazard banker says: ‘We're not in normal times.'
Negative
CNBC Television
5 days ago
Lazard CEO Peter Orszag: Recession odds are very high if tariff uncertainty remains
Peter Orszag, Lazard CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, how to tell clients how to respond to recent trade news, and much more.
Lazard CEO Peter Orszag: Recession odds are very high if tariff uncertainty remains
Neutral
Seeking Alpha
5 days ago
Lazard (LAZ) Q1 2025 Earnings Call Transcript
Lazard Inc. (NYSE:LAZ ) Q1 2025 Earnings Conference Call April 25, 2025 8:00 AM ET Company Participants Peter Orszag - Chairman, Chief Executive Officer Mary Ann Betsch - Chief Financial Officer Evan Russo - Chief Executive Officer, Asset Management Alexandra Deignan - Head of Investor Relations and Treasury Conference Call Participants Mike Brown - Wells Fargo James Yaro - Goldman Sachs Ben Rubin - UBS Ryan Kenny - Morgan Stanley Alex Jenkins - Citizens JMP Brendan O'Brien - Wolfe Research Operator Good morning everyone and welcome to Lazard's first quarter 2025 earnings conference call. This call is being recorded.
Lazard (LAZ) Q1 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
5 days ago
Lazard (LAZ) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lazard (LAZ) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Positive
Zacks Investment Research
5 days ago
Lazard (LAZ) Q1 Earnings and Revenues Top Estimates
Lazard (LAZ) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.66 per share a year ago.
Lazard (LAZ) Q1 Earnings and Revenues Top Estimates
Neutral
Reuters
5 days ago
Lazard's first-quarter earnings surpass estimates, CEO warns of pressure on dealmaking
Investment bank Lazard's profit beat expectations in the first quarter, as its asset management business performed better than anticipated, but its CEO warned the ongoing economic uncertainty could keep dealmaking in check.
Lazard's first-quarter earnings surpass estimates, CEO warns of pressure on dealmaking
Neutral
Business Wire
5 days ago
Lazard Reports First-Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $648 million and adjusted net revenue1 of $643 million for the quarter ended March 31, 2025. On both a U.S. GAAP and an adjusted basis1, Lazard reported first-quarter 2025 net income of $60 million or $0.56 per share, diluted. “First quarter performance was solid in the midst of an uncertain business environment,” said Peter R. Orszag, CEO and Chairman. “Throughout our history, we've maintained an unwavering focus.
Lazard Reports First-Quarter 2025 Results
Neutral
Business Wire
6 days ago
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 dividend is payable on May 16, 2025, to stockholders of record on May 5, 2025. About Lazard Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers a.
Lazard Declares Quarterly Dividend of $0.50 Per Share
Neutral
Zacks Investment Research
1 week ago
Stay Ahead of the Game With Lazard (LAZ) Q1 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Lazard (LAZ) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Stay Ahead of the Game With Lazard (LAZ) Q1 Earnings: Wall Street's Insights on Key Metrics
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