Who buys Laz stock?
LAZ stock was bought by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Morgan Stanley, Fisher Asset Management LLC, MARSHALL WACE ASIA Ltd, LSV Asset Management, SG Americas Securities LLC, UBS Asset Management Americas Inc., and Bank of Nova Scotia.
What does Laz stand for?
Lazard Ltd (NYSE:LAZ), which is in the capital markets business, and is based in Bermuda, saw a double-digit share...
What is Lazard's (Laz) price targets based on analysts'ratings?
The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings. According to analysts' consensus price target of $52.50, Lazard has a forecasted upside of 23.7% from its current price of $42.44.
How much of Lazard's stock is owned by institutions?
75.68% of the stock of Lazard is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Lazard are expected to grow by 4.53% in the coming year, from $4.64 to $4.85 per share.
Is LAZ a good investment?
Valuation metrics show that Lazard Ltd may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of LAZ, demonstrate its potential to perform inline with the market. It currently has a Growth Score of A.
Is Lazard stock a buy?
The 8 analysts offering 12-month price forecasts for Lazard Ltd have a median target of 39.50, with a high estimate of 56.00 and a low estimate of 35.00. The median estimate represents a +19.37% increase from the last price of 33.09.
Is Lazard a public company?
In 2000, after more than 150 years of separate management, the Houses of Lazard formally united into a single entity to best serve our clients. In 2005, under the leadership of Bruce Wasserstein, Lazard became a public company, with nearly two-thirds of its shares owned by current and former employees.
What does Lazard invest in?
Lazard Ltd (formerly known as Lazard Frères & Co.) is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients.
What is special about Lazard?
Lazard's top-tier brand allows it to punch above its weight class. It is the biggest independent investment bank, notching fifth place in advisory revenue in 2015, behind only the bulge-bracket banks. Its asset-management business is generally recognized as among the better performers in the business.
Who are lazards clients?
Our Clients They include corporations, partnerships, institutions, governments, sovereign entities and individuals. Our Asset Management business serves a diverse global client base that includes pensions, sovereign wealth funds, governments, corporations, financial institutions and high-net-worth individuals.
Is Lazard a buy right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lazard in the last twelve months. There are currently 1...
Are investors shorting Lazard?
Lazard saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,310,000 shares, a drop of 19.9% fr...
When is Lazard's next earnings date?
Lazard is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022. View our earnings forecast for Lazard .
How were Lazard's earnings last quarter?
Lazard Ltd (NYSE:LAZ) posted its quarterly earnings results on Thursday, April, 28th. The asset manager reported $1.05 earnings per share (EPS) for...
How often does Lazard pay dividends? What is the dividend yield for Lazard?
Lazard declared a quarterly dividend on Wednesday, April 27th. Stockholders of record on Monday, May 9th will be given a dividend of $0.47 per shar...
Is Lazard a good dividend stock?
Lazard pays an annual dividend of $1.88 per share and currently has a dividend yield of 5.58%. LAZ has a dividend yield higher than 75% of all divi...
What price target have analysts set for LAZ?
6 equities research analysts have issued 12-month price objectives for Lazard's shares. Their forecasts range from $39.00 to $56.00. On average, th...
Who are Lazard's key executives?
Lazard's management team includes the following people: Mr. Kenneth Marc Jacobs , Chairman & CEO (Age 63, Pay $4.1M) Mr. Ashish Bhutani , Vice...
What is Kenneth M. Jacobs' approval rating as Lazard's CEO?
96 employees have rated Lazard CEO Kenneth M. Jacobs on Glassdoor.com . Kenneth M. Jacobs has an approval rating of 98% among Lazard's employees....
Is Lazard stock a Buy, Sell or Hold?
Lazard stock has received a consensus rating of hold. The average rating score is and is based on 8 buy ratings, 9 hold ratings, and 3 sell ratings.
What was the 52-week low for Lazard stock?
The low in the last 52 weeks of Lazard stock was 30.85. According to the current price, Lazard is 103.76% away from the 52-week low.
What was the 52-week high for Lazard stock?
The high in the last 52 weeks of Lazard stock was 53.00. According to the current price, Lazard is 60.40% away from the 52-week high.
What are analysts forecasts for Lazard stock?
The 20 analysts offering price forecasts for Lazard have a median target of 46.20, with a high estimate of 61.00 and a low estimate of 29.00. The m...
How much of Lazard stock is held by institutions?
What is Lazard stock worth in 2020?
75.68% of the stock of Lazard is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
What is the dividend payout ratio of Lazard?
Lazard's stock was trading at $29.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LAZ stock has increased by 48.9% and is now trading at $44.11. View which stocks have been most impacted by COVID-19.
What is the Lazard symbol?
The dividend payout ratio of Lazard is 42.63%. This payout ratio is at a healthy, sustainable level, below 75%.
How much does Lazard make?
Lazard trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAZ."
What is Lazard Ltd?
Lazard has a market capitalization of $4.63 billion and generates $2.65 billion in revenue each year. The asset manager earns $402.46 million in net income (profit) each year or $3.60 on an earnings per share basis.
What is the P/E ratio of Lazard?
Lazard Ltd. is a financial advisory and asset management firm , which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.
New York Stock Exchange
The P/E ratio of Lazard is 10.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.24.
Environmental, Social, and Governance Rating
Lazard Ltd together with its subsidiaries operates as a financial advisory and asset management firm worldwide. The company’s Financial Advisory segment offers a range of services regarding mergers and acquisitions and strategic advisory matters etc.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
How much did Lazard stock fall in 2021?
Lazard Ltd together with its subsidiaries operates as a financial advisory and asset management firm worldwide. The company’s Financial Advisory segment offers a range of services regarding mergers and acquisitions and strategic advisory matters etc.
What is Lazard Ltd?
The Lazard Ltd stock price fell by -1.10% on the last day (Wednesday, 24th Nov 2021) from $46.34 to $45.83. During the day the stock fluctuated 1.45% from a day low at $45.53 to a day high of $46.19. The price has fallen in 7 of the last 10 days and is down by -2.98% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -30 thousand shares and in total, 283 thousand shares were bought and sold for approximately $12.99 million.
Is Lazard stock a sell signal?
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm worldwide. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, restructurings, capital structure, capital raising, corporate preparedness, and various other financial matters. This segment serves corporate, partnership, institutional, government, sovereign, and... Read more
Is Lazard Ltd stock A Buy?
The Lazard Ltd stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $46.23 and $48.90. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Thursday, November 18, 2021, and so far it has risen 0.11%. Further rise is indicated until a new top pivot has been found.
What is Lazard's history?
Lazard Ltd holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Does market cap include convertible securities?
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, 30%
