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LAZ

LAZ - Lazard Ltd Stock Price, Fair Value and News

40.14USD-0.56 (-1.38%)Market Closed

Market Summary

LAZ
USD40.14-0.56
Market Closed
-1.38%

LAZ Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

LAZ Stock Price

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LAZ RSI Chart

LAZ Valuation

Market Cap

4.5B

Price/Earnings (Trailing)

-59.97

Price/Sales (Trailing)

1.75

Price/Free Cashflow

33.19

LAZ Price/Sales (Trailing)

LAZ Profitability

Return on Equity

-17.81%

Return on Assets

-1.63%

Free Cashflow Yield

3.01%

LAZ Fundamentals

LAZ Revenue

Revenue (TTM)

2.6B

Rev. Growth (Yr)

12.83%

Rev. Growth (Qtr)

52.03%

LAZ Earnings

Earnings (TTM)

-75.5M

Earnings Growth (Yr)

50.05%

Earnings Growth (Qtr)

790.42%

Breaking Down LAZ Revenue

Last 7 days

3.0%

Last 30 days

6.0%

Last 90 days

16.2%

Trailing 12 Months

13.7%

How does LAZ drawdown profile look like?

LAZ Financial Health

Debt/Equity

3.99

Debt/Cashflow

0.1

LAZ Investor Care

Dividend Yield

4.98%

Dividend/Share (TTM)

2

Diluted EPS (TTM)

-0.91

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.7B2.7B2.5B2.6B
20223.3B3.1B3.1B2.9B
20212.8B3.0B3.2B3.3B
20202.6B2.5B2.5B2.6B
20192.8B2.7B2.6B2.7B
20182.8B2.9B2.9B2.9B
20172.5B2.7B2.7B2.7B
20162.3B2.2B2.3B2.4B
20152.4B2.4B2.4B2.4B
20142.2B2.3B2.3B2.4B
20131.9B2.0B2.0B2.1B
20122.0B1.9B1.9B2.0B
20112.0B2.1B2.1B1.9B
20101.8B1.9B1.9B2.0B
200901.7B1.7B1.6B
20080001.7B

Tracking the Latest Insider Buys and Sells of Lazard Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold LAZ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
sold off
-100
-2,099,380
-
-%
Mar 11, 2024
VANGUARD GROUP INC
added
0.05
40,069,100
366,288,000
0.01%
Mar 05, 2024
Fisher Asset Management, LLC
reduced
-20.66
-7,017,960
57,017,800
0.03%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
78.87
14,857,600
29,608,000
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-2.49
2,698
31,320
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
15.39
802,000
3,522,000
0.03%
Feb 26, 2024
Neo Ivy Capital Management
sold off
-100
-1,538,000
-
-%
Feb 26, 2024
Virtu Financial LLC
sold off
-100
-202,000
-
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
sold off
-100
-8,751
-
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
sold off
-100
-3,998,000
-
-%

1–10 of 44

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 21, 2024
ARS
ARS
Mar 21, 2024
DEF 14A
DEF 14A
Mar 21, 2024
DEFA14A
DEFA14A
Mar 13, 2024
144
Notice of Insider Sale Intent
Mar 13, 2024
4
Insider Trading
Mar 13, 2024
4
Insider Trading
Mar 13, 2024
4
Insider Trading
Mar 13, 2024
8-K
Current Report
Mar 12, 2024
8-K
Current Report
Mar 06, 2024
8-K
Current Report

What is the Fair Value of LAZ?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Lazard Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
132.4B
68.5B
5.82% 34.03%
15.55
1.93
136.06% -24.38%
78.0B
9.9B
-0.65% 41.15%
32.94
7.88
2.77% 63.76%
77.0B
5.6B
1.06% 15.33%
23.87
13.7
-0.62% 19.89%
60.2B
3.1B
41.71% 240.77%
635.05
19.38
-2.69% 103.61%
17.0B
2.1B
-2.39% 20.30%
35.51
8.03
10.34% 12.64%
11.4B
6.2B
3.77% 33.81%
4.05
1.83
131.94% 52.66%
MID-CAP
9.6B
7.4B
10.21% 31.59%
36.61
1.29
4.09% -76.58%
8.1B
1.8B
-4.70% 41.57%
31.15
4.39
0.16% -0.33%
7.3B
2.4B
4.15% 59.56%
28.65
3
-12.10% -46.39%
4.2B
1.4B
-11.17% 6.68%
12.43
2.98
96.15% 398.80%
3.9B
214.4M
9.29% 696.73%
-47.35
18.03
75.40% 19.03%
SMALL-CAP
1.8B
797.2M
-0.23% 67.97%
21.68
2.24
-4.37% -19.80%
642.2M
10.0B
8.54% 0.18%
5.81
0.06
24.24% -27.96%
13.9M
83.0M
2.42% -9.71%
-2.37
0.17
15.07% 81.87%
8.9M
7.3M
-27.96% -93.55%
-0.36
1.22
39.07% -20.71%

Lazard Ltd News

Latest updates
Yahoo Canada Shine On • 47 hours ago
Defense World • 17 Mar 2024 • 07:39 am
Defense World • 15 Mar 2024 • 09:12 am
Yahoo Finance • 14 Mar 2024 • 04:20 pm
MarketBeat • 13 Mar 2024 • 11:33 pm
Seeking Alpha • 5 months ago

Lazard Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue52.0%8265436625627327466617161,013738843680898598592558743611651662704
Costs and Expenses38.8%734529753579639569514535724562657526661473476454602539529524531
Interest Expenses2.5%20.0019.0019.0019.0019.0020.0021.0021.0020.0020.0020.0020.0020.0020.0020.0020.0022.0020.0020.0018.0017.00
Income Taxes103.5%0.00-11.6310.00-21.7216.0035.0034.0039.0057.0039.0041.0043.0023.0028.0023.0026.0039.004.0028.0023.0043.00
Net Income790.4%64.007.00-124-22.1742.0010695.0011421010712387.0019075.0073.0064.0077.0047.0066.0097.00113
Net Income Margin24.8%-0.03*-0.04*0.00*0.08*0.13*0.17*0.17*0.17*0.16*0.16*0.16*0.15*---------
Free Cashflow1181.3%33326.00194-416290429292-227438390129-130---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets7.9%4,6364,2964,6034,5685,8536,2086,7126,8487,1476,7276,4076,2105,9725,4675,3125,0955,6405,5525,5075,4994,997
    Cash Equivalents48.7%9716536985971,2351,0009078781,4651,1859809750.001,1108977933.009599191,0114.00
  Net PPE1.3%233230237246250219232249250248252251258233229220220217206210213
Liabilities7.2%4,0663,7944,1033,9704,5944,9525,3095,3045,4945,1744,9004,7684,9724,6884,6284,5364,9584,8664,7904,7284,027
  Long Term Debt0.0%1,6901,6901,6891,6881,6881,6871,6861,6861,6851,6851,6841,6831,6831,6811,6811,6801,6801,6791,6781,7591,434
Shareholder's Equity17.3%4243614165085566778279701,078978932867999779684560682686718771970
  Retained Earnings1.0%1,4031,3891,4311,6051,6771,6821,6281,5831,5611,4021,3481,2791,2951,1601,1401,1191,1941,1681,1801,1721,196
  Additional Paid-In Capital22.0%24720316894.0016812772.00-14511058.00-13595.0052.00-41.00682582536751
Accumulated Depreciation2.2%415406404402395370372373368363409399402398382370368352351343340
Shares Outstanding0.5%89.0089.0088.0088.0096.0093.0099.00103106105107107---------
Minority Interest0.3%58.0058.0056.0057.0011911711112010310010510288.0085.0083.0073.0072.0073.0099.0070.0053.00
Float---2,678---2,987---4,611---2,946---3,646--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations920.1%34233.00201-411314435299-213453398138-123321256156-155360236244-161408
Cashflow From Investing-19.2%-8.65-7.26-7.28-15.13-24.22-12.73-5.98-13.51-14.46-7.82-9.90-6.87-28.88-9.30-12.82-11.94-1.68-22.59-12.18-5.80-8.23
Cashflow From Financing15.0%-150-176-171-1,072-781-538-42.93-19.24-125120-43.70245-162-70.46-3.78-310-255-101-18094.00-270
  Dividend Payments0.6%44.0043.0043.0043.0043.0046.0046.0047.0048.0049.0050.0049.0049.0049.0049.0049.0049.0050.0052.0010352.00
  Buy Backs-100.0%-3.000.0099.0080.0023719917612052.00111123---95.0064.0079.00160192246

LAZ Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUE   
Interest income$ 42,022$ 29,457$ 5,551
Other89,58840,602127,171
Total revenue2,593,1622,855,0933,273,816
Interest expense77,67381,52280,768
Net revenue2,515,4892,773,5713,193,048
OPERATING EXPENSES   
Compensation and benefits1,946,0101,656,4511,895,859
Occupancy and equipment131,117122,251128,040
Marketing and business development99,35783,10342,755
Technology and information services189,670171,702146,765
Professional services89,30869,53577,702
Fund administration and outsourced services110,878109,978130,502
Amortization and other acquisition-related costs3346060
Provision (benefit) pursuant to tax receivable agreement(43,894)(1,209)2,199
Other72,66644,85245,318
Total operating expenses2,595,4462,256,7232,469,200
OPERATING INCOME (LOSS)(79,957)516,848723,848
Provision (benefit) for income taxes(22,650)124,365181,303
NET INCOME (LOSS)(57,307)392,483542,545
LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS18,17234,96614,481
NET INCOME (LOSS) ATTRIBUTABLE TO LAZARD LTD$ (75,479)$ 357,517$ 528,064
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:   
Basic (in shares)88,993,98595,664,129106,035,808
Diluted (in shares)88,993,985100,997,674113,674,699
Earnings Per Share [Abstract]   
Basic (in usd per share)$ (0.90)$ 3.68$ 4.90
Diluted (in usd per share)$ (0.90)$ 3.51$ 4.63
Investment banking and other advisory fees   
REVENUE   
Revenue$ 1,383,799$ 1,659,079$ 1,786,472
Asset management fees   
REVENUE   
Revenue$ 1,077,753$ 1,125,955$ 1,354,622
LAZ
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
 WEBSITEwww.lazard.com
 EMPLOYEES3321

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 Fri Mar 22 2024, market cap of Lazard Ltd is 4.53 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 Fri Mar 22 2024, LAZ's PE ratio (Price to Earnings) is -59.97 and Price to Sales (PS) ratio is 1.75. 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 0.034 (multiply by 100 for percentage) rate of return.