LAZ RSI Chart
Last 7 days
5.5%
Last 30 days
9.0%
Last 90 days
7.8%
Trailing 12 Months
42.1%
Historical Charts for Stock Metrics
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 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
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 DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | sold off | -100 | -665,898 | - | -% |
May 16, 2024 | JANE STREET GROUP, LLC | sold off | -100 | -3,642,060 | - | -% |
May 16, 2024 | Colony Group, LLC | new | - | 1,456,000 | 1,456,000 | 0.01% |
May 16, 2024 | Tidal Investments LLC | sold off | -100 | -482,572 | - | -% |
May 15, 2024 | Steward Partners Investment Advisory, LLC | sold off | -100 | -24,186 | - | -% |
May 15, 2024 | Voya Investment Management LLC | sold off | -100 | -476,969 | - | -% |
May 15, 2024 | TODD ASSET MANAGEMENT LLC | sold off | -100 | -3,521,760 | - | -% |
May 15, 2024 | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | sold off | -100 | -13,143,700 | - | -% |
May 15, 2024 | ALGERT GLOBAL LLC | sold off | -100 | -362,000 | - | -% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | sold off | -100 | -8,875,530 | - | -% |
Unveiling Lazard Ltd's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | 150.8B | 67.8B | 16.02 | 2.22 | ||||
ICE | 79.4B | 9.7B | 32.02 | 8.17 | ||||
CME | 76.5B | 5.7B | 23.72 | 13.5 | ||||
COIN | 50.4B | 4.0B | 37.36 | 12.69 | ||||
FDS | 17.1B | 2.2B | 34.96 | 7.94 | ||||
IBKR | 13.3B | 6.1B | 4.56 | 2.18 | ||||
MID-CAP | ||||||||
JEF | 10.0B | 8.2B | 34.69 | 1.22 | ||||
HLI | 8.6B | 1.8B | 33.31 | 4.69 | ||||
EVR | 7.8B | 2.5B | 30.35 | 3.19 | ||||
FRHC | 4.4B | 1.4B | 13.26 | 3.18 | ||||
CLSK | 3.7B | 283.6M | 57.45 | 12.87 | ||||
SMALL-CAP | ||||||||
DFIN | 1.9B | 802.0M | 18.98 | 2.36 | ||||
AMRK | 887.2M | 10.3B | 11.13 | 0.09 | ||||
COHN | 21.0M | 92.7M | 3.38 | 0.23 | ||||
AAMC | 7.0M | 3.2M | -0.22 | 2.22 |
Lazard Ltd News
Income Statement (Quarterly) | ||||||||||||||||||||||
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 | ||||||||||||||||||||||
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 (Quarterly) | ||||||||||||||||||||||
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 |
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 |